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LectureSlides-Week3-MakingChoices.pptxDay 3: Turning Points & Working Choices
BA 411: Financial Planning I
Stephen Summers
Starting Points
Read Mark Twain’s essay: “The Turning Point of My Life”
https://ebooks.adelaide.edu.au/t/twain/mark/what_is_man/chapter3.html
or
http://www.online-literature.com/twain/1324/
Starting Points:
After reading the essay, consider the following:
How are choices, luck, presentation, opportunity, all connected?
Can you see your life as a chain of choices? What was one choice you made that changed the results of your life?
Are we really limited by Temperament and Circumstances? Is there a way to control these?
Starting Points:
Julius Caesar crossed the river Rubicon, attacking Roman republic, breaking the law
He made a choice with no turning back
Yet, Twain says, it was this other guy whose choice/temperament actually brought that choice to a head
Do you know a Rubicon when you see it? Not until you’ve crossed it?
Starting Points:
What does all this mean?
If a great author says luck and timing made him who he was…
…then maybe some of the crucial moments in our lives are similar
Choosing a job, major, college, city, partner, etc. are all huge decisions
But maybe there’s more to them than just trying to guess right…
How do you position yourself for success?
You CAN’T control the future
Yet you CAN make choices that make sense for you
And you CAN set yourself up for the unknown opportunities ahead
You CAN avoid some of the snags along the way
A Growth Mindset
Dr. Carol Dweck’s concept of a Growth Mindset versus a Fixed Mindset:
Growth Mindset: I can change, I can get better at something, hard work pays off, I find success through effort and time and growth
Fixed Mindset: I am who I am. I’m good at some things and not at others. I’ve always been this way, and I can’t change. If I don’t find success right away, that’s not something I’m ever going to succeed at.
A Growth Mindset
It’s very easy for us to have a fixed mindset when job searching
Be open about your skills, applications
Don’t limit yourself to a narrow field of skill or interest
You never know what options will appear for you if you’re open to them!
So What?
So have an growth mindset and
Position yourself for opportunity
Think about your story up till now!
And When That Opportunity Comes…
Don’t be afraid to ask some crucial questions:
What?
When?
Where?
Who?
Why?
How?
What?
How much of this job will be new to you?
Where is your comfort level with that?
How much responsibility are you taking on?
Is there room to increase that as you would like?
What?
What are the job responsibilities?
Here’s where you want to have a growth mindset…
…Tied to level-headedness
When?
When do you start your job?
When do you end job?
What if it’s not clear?
When?
When does the job start?
When does the job end?
What if it’s not clear?
Where?
Where is the job?
Where are you?
Can you reconcile those things?
What’s the difference of cost of living?
Do you have family, friends, or other resources around?
Where?
Transportation Options?
Emergencies?
Normal Commute?
Bad Commute?
Who?
Bosses?
Coworkers?
Subordinates?
Clients?
Attire?
Atmosphere?
Who?
Who are you in the workplace?
What’s your style?
Will you mesh or clash?
How much do you want to change?
Class conflicts?
Cultural conflicts?
Regional conflicts?
Language conflicts?
Expectation conflicts?
Why?
What’s the big deal?
What’s your goal here?
What do you want to be able to put on your resume?
How do you want to grow here?
What if you just need to survive?
How?
Growth mindset
Long-term Goals
Daily commitments
Support (family, friends, coworkers)
Opportunity Knocks (You Out) Sometimes
Responsibilities
Parameters
Coworkers
All these should be part of your decision making process—not just the dollar value!
Focus on your goals
Money is nice
Living well is nicer
First Day of Work
And you might cry after day one.
Hopefully not so much after day two.
