Is Your Career on the Right Train?
"Managing your career is like investing - the degree of difficulty does not count. So you can save yourself money and pain by gettng on the right train." - Warren Buffett
Is your career on the right train? Are you working for a company with good economics? Is your company awash with cash? Does your company continue to achieve high margins? Is it experiencing growth in revenue and profits? Is your company innovative?
If the answer is no to any of these questions, why are you continuing to work for the company? Higher salaries, raises, and promotions are more common if the answer is yes to each of these questions.
Is your company under pressure to cut costs? If so, guess what costs they will cut? Maybe your raise or promotion, or even worse your job.
I agree with Mary Buffett (Warren's former daughter-in-law): "If one goes to work for a company with poor long-term economics, then he can never expect to do really well because the company doesn't do well."
Get your career back on the right train. Join companies that have good long-term economics. This simple action will put in you a position to succeed.
The Sacramento Executive