you were born you are nurtured up to whatever your six then you get sent in the kindergarten
and school and by the time you're 18 you come out and you go to college by the time you get
out of college you get a job and then you retire with whatever 65 or so and then you enjoy your
time and somewhere at a hot place right that's been the model of the past is that's not working
that is absolutely not working anymore and in every respect go to school get your grades get
into college become a professional and work your way up the corporate ladder until you can retire
with your savings or a pension that's the plan for a lot of people and despite what a lot of
hustle Bros on the internet might tell you now that's [ __ ] insane it's a good plan if you
can stick to it nine to five jobs are picked on a lot usually by people that need a way to sell
a get rich quick scheme the standard 40-year professional career has let millions of people
enjoy very comfortable lives free from the stress that comes with being in business for themselves
but that is all coming to an end in just the last 24 months we have experienced quiet quitting quite
hiring work shortages and labor shortages what a lot of people aren't talking about though is
how this is just the result of companies still trying to make outdated business models work in
an age where workers can demand more from their employers the establishment of the 40-year career
is crumbling and there are some employers and employees that are doing a great job
taking advantage of it and there are others that are suffering the first trend is that
despite pervasive stories about hustle culture and people making partner before the age of 30 while
also building an outside business that dropships physical nfts through the Myspace storefront the
average worker is not grinding they are getting less ambitious a Wall Street Journal article
surveyed a range of businesses in demanding fields that are usually staffed by ambitious
workers like law business Consulting and marketing the company's all reported challenges with getting
their employees to go above and beyond which is really corporate speak for working late
and coming in on the weekends a law firm told the Wall Street Journal reporters that typically they
would have no problem getting Junior Associates to do extra hours to make sure time sensitive work
was completed for their demanding clients but now new Associates have started saying no to working
weekends and late nights which is forcing the partners to bring on more staff and do the extra
hours themselves which let me say this as a former Investment Banking associate that has put in my
fair share of weekends to suck up to a partner this is one of the most beautiful things I have
ever heard it's wonderful it's marvelous I'm sweet this kind of thing would never usually happen at
places like this because Elite legal and financial firms have an upper out policy with new Associates
which means that within their first two years they get promoted to senior associate or they get asked
kindly but firmly to leave the firm unfortunately for the partners they can't afford to get rid of
new graduates because of worker shortages so they have lost the threat of termination and the reward
of promotion isn't as appealing as it once was either in the same article an insurance firm
told the Wall Street Journal of the difficulties they had been having with getting people to accept
promotions managers often had to coax their staff into accepting more senior positions because the
staff were preferring to stay in their current roles where they could manage their work-life
balance when workers are more afraid of being promoted than being fired it's a clear sign
that things are changing so it's time to learn how money works to see why the 40-year career is dead
and why that might be a good thing this week's lesson was made possible by course careers which
is honestly the perfect partner for this topic the 40-year career might be dead but it's ushering in
a new style of career that you can be prepared for with course careers if you want to start a career
in the technology industry but don't have previous experience or a degree then course careers is here
to help they're replacing College as the modern way people are starting careers and it's so simple
all you do is go through an affordable online course where you learn everything required to
actually do the job then they help you land a position by partnering with companies who drop
their degree in experience requirements to higher course career graduates in entry-level positions
and internships checking out some other stories of people like Nyla who went from being a 19 year old
Starbucks Barista to making over sixty thousand dollars in a remote technology sales career or Ben
who went from being a College Dropout working as a Middle School Janitor to making 80k as a tax sales
rep working fully remote go to coursecareers.com link in BIO to sign up for their free introductory
course well you'll learn exactly how you can start a technology career without a degree or
previous experience remember to use codeworks 50 for 50 off their full course in 2020 millions of
people who were never allowed to before started working from home by avoiding the distractions of
the modern office a lot of people realized that the tasks that they were completing as a part of
their jobs were that of what the Anthropologist David Graber would consider complete [ __ ] most
of the office jobs had workers performing tasks that fell into one of the following categories
outlined in the book by the same name flunkies who only served to make their superiors feel important
i.eu receptionists administrative assistants and door men you don't need someone to hold the door
for you when everybody is working from home and a sales platform switching board could do most of
the day-to-day work of a receptionist box tickers who only exist to create the appearance something
useful is being done like reading company newsletters or organizing company culture events
and task Masters who exist to make themselves look busy by standing over their subordinates to keep
them on task but only ever end up distracting those workers or slowing them down because
they themselves don't want to look like they have nothing left to do most jobs in the modern office
involve doing some of these tasks but by working from home there's less need for them to exist a
lot of employees very quickly found out that they did not need 40 hours or more in the office every
week to get their work done they could just finish it in half the time and all the other hours were
wasted on pointless meetings that could have been an email and any of the other [ __ ] tasks that
modern workers partake in work from home did not get rid of the goons who were people like
corporate lawyers who only exist to protect the company from other goons or the duct tapers who
are the people that spent all of their time fixing the problems of everybody else so if you want
[ __ ] job security try and make yourself one of these for the employees that found a whole lot of
extra hours in their day they now had to decide what to do with it an internal survey of 3 000
workers conducted by the software firm qualtrics has shown what it was that people decided to do 40
said that work had become less important to them in the past three years and that they would prefer
to spend the extra hours exercising cleaning their home going for a walk or sleeping when they had
the opportunity to 25 said that work had become more important to them and that they would look
for additional responsibilities to take on in the spare hours most of all 36 percent said that their
career Ambitions had waned and that the typical progression of climbing the corporate ladder had
become less important to them over the past three years those are some pretty smart workers and it
was creating the same problem that the prestigious legal firms and investment Banks were complaining
about too most people are no longer willing to work extra hours and accept additional stress
to chase a promotion and a lot of workers won't even accept a promotion if they are offered one
because climbing the corporate ladder is not as appealing as it once was there are four reasons
that business analysts have identified as the leading causes of this trend the most damaging
to traditional corporate culture is that people no longer see the financial benefits of moving up
the corporate ladder typically managers and Senior Executives earn more than their subordinates but
modern salespeople Tech workers and tradespeople are bucking that Trend especially in high demand
Industries a lot of workers are preferring to reskill into an in-demand role where they can
earn variable compensation based on the overtime hours they put in and the performance they achieve
people with experience in Tech Pharmaceuticals or Finance could become managers or they could
cross skill into sales and become salaried plus commission reps they will get a lower base wage
but even average performers can earn 250 to 500 000 a year in commissions putting them well ahead
of any mid-level manager in the same industry doing a role where they are not responsible
for the performance of any subordinates also means that they are free from the stress of dealing with
workers who don't want to put in any overtime or work towards getting a promotion instead they are
only responsible for themselves and their work if they want to make a lot more money one month they
can hustle like crazy and work on closing more sales or doing more overtime if they want more
work-life balance they won't be letting down a team beneath them skilled non-managerial roles
in certain fields and sales roles are also safer during Financial slowdowns as compared to Middle
managers a company can operate without team leaders but it can operate if nobody is selling
its product for young workers who have lived through two big downturns during their careers
a job that is safe during bad times is more valuable than a job that pays a little bit more
some really cunning workers have made Junior jobs significantly more lucrative than managerial jobs
by simply working two of them working from home has kicked off a new trend that is particularly
popular with tech workers who work two full-time jobs with two companies simultaneously and take
home two salaries entire online forms have sprung up in the past two years for workers to discuss
this practice and share tips and tricks on how to find jobs that can be done in parallel and keep up
with the workload once they've secured the roles some people on these forms claim to be working as
many as five jobs simultaneously by committing 60 to 70 hours a week in their home offices just one
job can be a lot of work but highly experienced employees have claimed that the workload and
stress of working two or three Junior development roles is still less than working once in your
development or team lead role for Motivated workers that want to put in the hours the multiple
job route is more financially rewarding and it provides them additional job security because if
they get laid off from one job they still have one or two salaries to fall back on ever since
covet started what we've seen is that candidates are really only taking remote or hybrid jobs to be
competitive in this market companies really do do have to be either hybrid at the minimum or provide
remote work opportunities reason number two is that modern workers have more entrepreneurial
Ambitions than the generations that came before them the biggest selling point for young workers
in the most prestigious firms in the country are not career advancements but instead the
exit opportunities from my own experience at two different investment Banks most Junior Bankers
do not want a career in Investment Banking no matter how well compensated some senior Bankers
can be most banking analysts only want to work in the industry for two to five years and use that
job experience to qualify as a role as a financial executive like a CFO for a medium-sized company or
work in private Equity or hedge funds or they want to start their own company armed with the detailed
industry knowledge on how to raise capital from investors and structure a business for growth
the entrepreneurial spirit is not only alive and well amongst Finance Bros the rate at which people
report wanting to start their own business has shot up to its highest level ever there were a
record 5.4 million business ID numbers created in 2021 with 2022 expected to have broken that
record further sometimes entrepreneurship is not all that it's cracked up to be and I would
encourage caution to anybody thinking of giving up a stable nine-to-five job to start their own
business but smart decision or not people are doing it caution be damned the third reason people
are unwilling to chase promotions is because it ironically makes it harder for them to progress
their career this is a tricky one so follow along here the best way for someone who only wants to
work the nine-to-five job to increase their salary is to change companies every two years employees
that stick with their companies for longer than that end up earning a mind-blowing 50 percent less
than their peers who were less loyal and were constantly shopping around for better offers
from different employers the real trick is to do this while maintaining a good relationship
with the companies and managers they move between getting a promotion in a company resets the clock
on when a smart employee can switch companies without leaving a bad impression with their
current employer if someone is planning to make the scheduled job hop but they are only a month
into their new role after receiving a promotion they are unlikely to get a good reference from
their outgoing company because now that company has to find a new employee for a job that was
only just filled a bad reference from a frustrated ex manager will make it harder to land the new job
and negotiate a competitive salary if the employee just stays in their current role and passes up
any promotions they can rely on a good reference from the same manager that they worked under the
entire time the fourth reason that people are no longer willing to work for a promotion is simply
because they don't want them more people are choosing mental health and free time over money
and opportunity because being removed from the corporate bubble has made them realize that there
is much more to life than making as much money as they possibly can a lot of young workers have
become disenfranchised because they realize no matter how hard they work they are going
to struggle to achieve traditional financial goals like buying a house and having a normal retirement
so they are seeking out easy work and pursuing alternative Lifestyles like video gaming or low
budget travel by living in a converted van as more workers learn of these four reasons to reject the
traditional career promotions companies are going to have to face some big problems promotions are
the biggest incentives that large companies have to motivate non-executive level employees to do
more than the bare minimum to not get fired shared the promise of a promotion if targets are met is
often cheaper than performance-based bonuses some companies pay their Executives extremely
high salaries not because of the hard work they do but because they want all of their employees to
work like crazy for the chance that they too one day could be a fat cat of digital marketing and
you get offered a promotion that's in it because digital marketing has a lot of Technology skill
technical skills then should I step out into I.T if my goal is to be the CMO and the answer is no
right so if it's going to take you off your long-term path you don't want to do that if
you people don't want the promotions or see that they will never make it to the level where they
make more money for Less work then the whole system stops working and it spells the end of
the traditional career workers have also realized that hard work alone will never make them a CEO
and becoming a highly compensated chief executive requires a totally different strategy from what
you might expect starting with an engineering degree instead of a business degree people
would expect if you want to find out the other six steps that 80 of Fortune 500 CEOs took to
land their multi-million dollar roles then go and watch my video on how to become a CEO a special
thanks again to course careers who's Preparing People for this new type of career for making
it possible for everybody to keep on learning how money Works did you hear me I said I quit
Monty and since I quit I can do anything I want is that Sue oh I hope I haven't upset you bongo head