It’s very important to make the most out of your job to ensure that you excel in your career. Once you excel, it can do a lot of wonders for your bright future. It’s true that you cannot double your salary overnight, but consistent efforts from your end can help you gain control over your power to earn. David James Koch is the perfect example of a person who has strived hard to achieve this immense earning power. Here are a few tips from David Koch that can help you plan a career that will really pay off very well.
Be an Opportunist
“Always have enough confidence in yourself to give anything a go. But, also have enough confidence, if it doesn’t work out, to go and do something else”, says Kochie. He also mentions that it was the single best bit of advice he ever received. He also says that he tried to follow it to the letter. That came from his father, and he’s trying to pass it down to his children. In essence, it means never be scared of an opportunity. Grab it, give it your best shot, and if it doesn’t work out, then move on to something else. But never be left wondering ‘what if?’
When Koch was working at Sunrise Network as a finance editor, he came across an opportunity to become a host. He was happy for that. It seems that he keeps asking himself: “How on earth did a finance journalist end up hosting Sunrise?” And he answers that he has always been an opportunist and whatever he is today is all because of the dedication and commitment that he had put in.
Be Unique and Contribute Your Best
When says that when he was a young, ambitious 25-year-old journalist, he looked around at all the finance media icons to see what he could learn and how he could be as good. He also mentions that they were all highly skilled with great contacts and much older than he was.
Then says, “So I looked for what could be the next big thing in finance journalism, something so new and different than the usual rules wouldn’t apply and age wouldn’t matter. I’d seen the boom in personal finance media in the US while visiting my parents, who were living in San Francisco at the time. So I decided to do the same thing in Australia. I think the key in any career is to look around and find an in-demand specialty where you can develop a unique set of skills that can set you apart from the rest.”
Every New Year I ask Libby and the kids what goals they’ve set for themselves for the next 12 months. For years they’d laugh at me. As they got older, there were fewer laughs and even a couple of answers.
Life’s so busy these days that we don’t seem to take a deep breath, stop and think about what we want to do as individuals. But if you don’t have some sort of map, how do you know where you want to get to?
Gauge Your Job Category
The economy and technology have dramatically changed the working landscape. Tens of thousands of positions have been made redundant and some jobs have disappeared altogether — including many jobs in print media, where I started out.
If you’re in a large company, the first step is to look for the right department and job. Ignore the gossip and check with the personnel department to see which divisions are hiring. Internal transfers usually receive preference. Ask department heads about their long-range plans, and scan trade magazines or websites to learn which parts of your industry are expanding.
I’ve always vowed I’d never depend on radio or television for a living. While they’re great jobs, in some ways they’re horrible industries to be in because they’re so cutthroat and volatile. When you have a single income, a couple of kids and a mortgage, that volatility is unacceptable. So I’ve always worked other jobs on the side because I don’t want to put the family at risk.
That little stash of cash from a second job gives you a fallback position for when things go wrong and flexibility.
Build Your Brand
Branding is important for every organization. The same is applicable for your career as well. Do what best you can at work and build up your reputation at workplace. Take up responsibilities in your company even if it is not a part of your daily work. For instance, it could be anything from helping a committee to being a first-aid representative. This can help you develop your personal brand.
Slightly Underestimate Yourself
There’s no doubt money is important. Being paid what your worth is important. But it isn’t the be all and end all.
My top priority has always been to be in a job I love and then be paid appropriately for doing it. I’ve always thought it’s better to be happy to be paid a little below what your worth and keep your job than push for every last dollar and run the risk of being let go at the next downturn.
Seek Assistance from a Good Mentor
If you are able to find a good mentor, it can be a great value addition to your life. As youngsters, you would definitely need someone who can guide you through the right path after graduation. A well-experienced mentor, who is successful in life, would be able to do that.
David’s skill as an operator and a company director and also as a business owner has led him to become a presenter. He is not just a presenter, but a co-anchor on high demand. He is frequently hired to talk to audiences at business groups and corporate events. His specialty is delivering finance tips and real-world business advice. He is also well-known for presenting keynote speeches on up-to-date statistics on investment issues and the method to succeed in business.
Follow these career tips from Koch for a bright future ahead. Soon, you will understand how you can gain control over your earning power.