The STartUp of YOU

Book Review v2

 

Episode Notes

-“In a Laser Career, you’re manically devoted to one job. Your Plan A is your Plan A and that’s all you’re doing.”

-”In a Main Thing Career, you have a focused Plan A, but you also maintain a side-hustle or two. Your Plan A is your main thing, but its not your only source of income or enjoyment.”

-In a Portfolio Career, you’re collecting multiple streams of income, stitching together three or more activities, and iterating almost continuously between multiple Plan A’s.”

Favorite quotes:

-”as we write this in 2022, we have entered a brave new professional world. Massive large-scale changes have occurred, from where we work, to how we communicate, to shifts in culture, to political upheavals, to global pandemics. This updated edition addresses these recent developments.”

-”this relentless decaying of the employer-employee relationship is especially true as companies become more geographically distributed and more employee works remotely — those employees can often feel less personally connected to thier colleagues and company culture.”

-”given the backdrop of inescapable volatility that will continue to define the future, its no surprise that one of the most interesting trends in the 21st century career strategy we’ve seen solidify itself involves the classic hedge against risk: diversification”

-”our advice is to go all-in on soft assets. Learn new skills, make new connections, and work on building your brand. Because these soft assets are more difficult to tally than cash in a bank account, people tend to underestimate their value.”

-”invest in yourself at the low end and the high end of your existing skill set and knowledge base”

-“More people than ever are asking themselves questions about career lifestyle and fulfillment, in part because the portfolio career, as we discussed in the Introduction, is newly viable”

-”Go find skills that will be high-yield for others. This will give you a sense of purpose and mastery, and your passions will likely emerge organically.”

-”Making the market realities — natural waves of momentum — work for you and not against you is key to achieving breakout personal success”

-”If you’re a bit stuck on how your gears turn together and create movement, this is where trying out the portfolio model can be especially useful, since embracing a “slash career” (writer / entreprenuer) allows you to harvest insights about how your skills translate in different domains.”

-”An additional benefit of this approach is that when/if there are inconceivable shifts in the market - think of the restaurant during the pandemic — you shift with it. Restructure your portfolio accordingly and bounce to where demand is stronger.”

(Note: these are quick notes and takeaways by David Nebinski. Please see the episode for more accurate information)

Published Date: 5/19/22