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    464: Ramit Sethi | I Will Teach You to Find Your Dream Job

    en-usFebruary 02, 2021

    Podcast Summary

    • Turning your home into an Airbnb and building a strong networkAirbnb hosting brings extra income and cultural exchange, while networking boosts job opportunities and personal growth

      Transforming your home into an Airbnb not only brings in additional income but also allows you to share a piece of your world with travelers. Hosting guests can be an enriching experience, and small touches like personal recommendations and sponsor samples add to their stay. Meanwhile, in the professional realm, building a strong network is crucial for securing the best job opportunities. Many positions are filled through personal connections, and the job market's shift towards remote work means increased competition. By learning how to tap into this hidden job market, you can gain a competitive edge and potentially land your dream job. Additionally, Jordan Harbinger emphasizes the importance of feeling respected and valued at work, which can lead to greater job satisfaction and personal growth.

    • Redesigned Dream Job course for inclusivity and diversityThe Dream Job course, now with a diverse team, focuses on various dream jobs and encourages applicants to apply despite not perfectly matching job requirements, providing access to real hiring managers for valuable insights.

      The Dream Job course, which has been helping people improve their job hunting and negotiation skills since 2012, has been completely redesigned to be more inclusive and forward-thinking. The creators, who originally were two young men, now have a more diverse team and have incorporated different types of dream jobs, not just high-paying ones. They also shared that even if you don't perfectly match the job requirements, it's important not to disqualify yourself and to apply with the best application possible. The course provides access to real hiring managers, giving applicants valuable insights into the hiring process. And yes, the creators do wear nice clothes, including the famous cardigan, but the real value comes from the knowledge and skills you gain through the course.

    • Focus on essential job requirementsTop talent narrows down their job search to a few select companies, learns the role's essential requirements, and makes a compelling case for their qualifications.

      During a job search, it's essential to focus on the most important requirements for the role and not get overwhelmed by a long list of potentially flexible qualifications. Average job applicants may struggle to determine which requirements are non-negotiable and which ones can be waived. However, top talent approaches the job search process differently by being specific about their dream job and actively seeking out information about the role and the company. By narrowing down their search to a few select companies, top talent can learn what truly matters in the role and increase their chances of landing their ideal job. Ignoring job postings with numerous requirements or assuming all qualifications are flexible can be a losing strategy. Instead, job seekers should research and network to gain a clear understanding of the role's essential requirements and make a compelling case for their qualifications in their application materials.

    • Make every second count with your resumePersonalize your application, tailor your resume and cover letter, and demonstrate how your skills and experiences align with the job requirements to stand out in the initial screening process

      In today's competitive job market, you have just 10 seconds to capture a hiring manager's attention with your resume. It's essential to personalize your application to the job description and tailor your resume and cover letter to meet the specific criteria mentioned. The hiring process can be uncomfortable and impersonal, but if you can stand out in those initial moments, you may be given a chance to progress. Remember, your resume is often stacked against others, and a hiring manager may only spend a few seconds scanning each one. So, make every second count by demonstrating how your skills and experiences align with the job requirements. Don't be like the unfortunate resume left with a drop of sauce on it – be the one that stands out and advances to the next round.

    • Focus on sharing key messages in interviewsView interviews as a chance to share stories and unique qualifications, let personality shine through, and have a conversational interview instead of a rigid Q&A session.

      During job interviews, it's essential to focus on sharing your key messages rather than just answering questions. The speaker shared an experience where he was chosen over MBA students despite having less experience because the interviewers wanted someone who genuinely wanted to work there and who they liked. The common mistake is thinking that interviews are only about answering questions, but a more sophisticated approach is to view it as an opportunity to share your stories and unique qualifications. By doing so, you can let your personality shine through and have a conversational interview instead of a rigid question-and-answer session. The speaker regretted not knowing this earlier in his career and missed out on opportunities due to being too cautious and generic in his responses.

    • The Importance of Likability in Job InterviewsAuthentic self-presentation and effective communication during interviews can overcome initial negative impressions and increase chances of securing a job offer.

      While technical skills are essential for getting a job interview, likability is a crucial factor in securing the offer. This means presenting yourself authentically and effectively during the interview process. Jordan's story illustrates how failing to do so can lead to missed opportunities. He shared an experience where his interviewers had formed a negative impression of him based on superficial observations, ultimately leading to a rejection. However, when he ran into one of the interviewers later, they acknowledged that they had misjudged him. This anecdote underscores the importance of being true to yourself during job interviews and recognizing that intangible qualities, such as likability, can significantly impact the hiring decision. When job searching, focus on demonstrating your skills accurately, sharing your key messages during interviews, and earning the right to reveal your authentic self. These strategies can help you secure high-paying jobs, remote positions, or even career transitions. Remember, networking plays a vital role in getting your foot in the door, but it also helps employers feel confident that they're hiring a qualified and likable candidate.

    • Learn from successful people to increase your chances of getting a high-paying jobStudy winning resumes and cover letters, be open to negotiating for better pay, and learn from successful people to advance your career

      To increase your chances of getting a job, particularly a high-paying one, it's essential to learn from those who have already succeeded. This means studying winning resumes and cover letters, and being open to negotiating for better pay. Many people undervalue their worth and believe that they should simply work hard and be rewarded. However, this mindset can leave them underpaid for years. Instead, it's important to understand that negotiation and networking are valuable skills that can help you secure a better salary and advance your career. The comment sections on the internet and opinions from uninformed sources should not deter you from pursuing these skills. Instead, focus on learning from those who have achieved the kind of success you desire and adapt their strategies to your own situation. Remember, there is no virtue in living a passive life when it comes to your career.

    • Determining if you're underpaid and taking actionCompare salary to industry standards, consider total compensation, set expectations, and negotiate or seek new opportunities if underpaid

      Individuals have the power to take control of their career and salary by finding out if they're underpaid and taking steps to negotiate a raise or seek new opportunities. To determine if they're underpaid, they can use salary websites to compare their pay to industry standards, considering factors like experience and location. It's important to remember that total compensation includes benefits and remote work options, not just base salary. If discovering you're underpaid leads to feelings of being undervalued or stagnant in your current role, consider setting clear expectations with your boss, delivering on them, and preparing data for a compensation discussion. If a raise isn't forthcoming, it may be time to explore other job opportunities. Ultimately, taking a proactive approach to your career and salary can lead to better outcomes and increased satisfaction.

    • Understanding Leverage in Job NegotiationsAssessing your leverage in a job negotiation depends on the economy, job market demand, and company needs. Knowing your leverage helps set realistic goals and maximize outcomes. Regularly reassessing your leverage ensures getting the best deal possible.

      Understanding your leverage in a job negotiation is crucial. The economy, your role's demand, and the company's needs all impact your bargaining power. For instance, if you're a software engineer in a high-demand job market, you have more leverage. However, if you're a waiter during a recession, your leverage is lower. Knowing your leverage helps you set realistic goals and maximize your outcome. Additionally, following a structured negotiation system, like the one taught in the Dream Job program, can increase your leverage by engineering a bidding war. Remember, it's essential to reassess your leverage regularly to ensure you're getting the best deal possible.

    • Mastering your psychology during job interviewsPrepare thoroughly, know your worth, display confidence, articulate interests, practice friendly behaviors, and approach negotiations with a positive mindset to increase chances of securing desired job offer.

      During the negotiation process in a job interview, it's crucial to master your psychology to come across as a confident and desirable candidate. This means knowing your worth, preparing thoroughly, and displaying confidence without being arrogant. Remember, when you have multiple job offers, you're more desired, and this confidence translates into better interview performances. Additionally, being able to articulate your interests and boundaries sets a strong foundation for a successful negotiation. Lastly, practice smiling and other friendly behaviors to make a positive impression and stand out from other candidates. Overall, approaching the negotiation process with a positive mindset, confidence, and preparation can significantly increase your chances of securing your desired job offer.

    • Uncovering Limiting Beliefs during InterviewsUse techniques like the 5 Whys to uncover limiting beliefs, expand your network, let your personality shine, and negotiate for a fair resolution.

      During job interviews, it's essential to go beyond the surface-level answers and question the underlying beliefs that may be holding you back. Ramit Sethi refers to these beliefs as "invisible scripts," which can include limiting beliefs about one's worth or abilities. By using techniques like the 5 Whys, we can uncover these scripts and rewrite them to better serve our career goals. For instance, if you believe you don't have a network, consider expanding your definition of who counts as part of your network and reaching out to those connections. Ultimately, the goal is to let your personality shine through during interviews and negotiate for a fair resolution, rather than extracting every last dollar. Remember, you'll likely be working with these people for years, so finding a mutually beneficial solution is key.

    • Expand your network, even during uncertain timesReach out to old friends and acquaintances, build strong relationships, and consider seeking advice for career growth.

      Building and maintaining relationships in your network is essential, especially during uncertain times. It's important to think beyond your immediate circle and reach out to dormant ties. People often find it uncomfortable to do so, but the effort is worth it. Reaching out to old friends or acquaintances can lead to valuable connections and opportunities. It's easier to make these connections when you don't have an agenda, and people are generally open to catching up. Don't let doubts and fears discourage you from expanding your network. Remember, top performers focus on building strong relationships with many people, not just a few. Additionally, it's essential to evaluate whether you're in the right job or career based on your goals and needs. If you're unsure, consider reaching out to people in your network for advice and insights. Overall, investing time and effort in your network can lead to unexpected opportunities and personal growth.

    • Reflecting on work week feelingsRecognize the impact of job satisfaction on well-being, evaluate personal career goals, and seek growth opportunities.

      Our feelings towards our jobs and work environment significantly impact our overall well-being. On Sunday evenings, reflecting on the upcoming work week can bring excitement or dread. The experience of being heard and respected in meetings, having a supportive network, and opportunities for growth are crucial indicators of job satisfaction. However, many people neglect self-evaluation, fearing the unknown or lacking options for change. It's essential to acknowledge the source of advice and define what a dream job means personally, using a framework of career seasons to guide the search for a fulfilling and impactful career.

    • Understanding career seasonsRecognize which career season you're in and commit fully to prioritize growth, balance, or reinvention accordingly.

      Our careers go through different seasons, each requiring different priorities and commitments. In our twenties, we're often in the growth season, focused on learning and advancing. Later in life, we may switch to the lifestyle season, prioritizing balance and personal fulfillment. Some may even choose to reinvent themselves in a new industry or career. It's essential to recognize which season you're in and commit fully to it, as trying to do too much at once can lead to burnout. Remember, the career seasons framework is empowering because it allows us to focus on what truly matters in each stage of our careers.

    • Understanding career seasons and adjusting job search accordinglyRecognize your career season, seek growth-focused companies, and pay attention to job descriptions for informed decisions.

      Just like the changing seasons, we go through different phases in our careers. Some seasons focus on growth, while others prioritize lifestyle. It's essential to recognize which season you're in and adjust your job search accordingly. Look for companies that align with your career goals and prioritize growth. Moreover, pay attention to job descriptions, as they can reveal valuable information about a company's commitment to their employees. If a job description is generic or lacks clarity, it might be a red flag, indicating that the company may not take the role seriously. By carefully considering your career goals and the signals given by potential employers, you can make informed decisions and find a job that fits your current season.

    • Natural leadership qualities can't be taught or forced, promote those who exhibit themPromote employees with natural leadership qualities to save costs and increase success, but ensure commitment and excel in current role before applying for transfer.

      True leadership cannot be taught or forced upon someone. Instead, those who naturally exhibit leadership qualities, even if they've only been with a company for a short time, should be promoted. Hiring the wrong person can cost employers a significant amount of money, both in wages and opportunity costs. Managers can tell when applicants are not genuinely interested in the position they're applying for, so it's essential to be committed to the role before attempting to transfer within a company. To increase the chances of being hired and succeeding in a role, one must first excel in their current position before applying for a transfer. Companies value their valuable employees and don't want to lose them, but hiring managers understand that unhappiness in a department can lead to an employee leaving. Ultimately, it's the employee's responsibility to perform at their best and apply for a transfer when the time is right.

    • Learn effective networking systems and tiny habitsJordan Harbinger's free 6-minute networking course teaches valuable systems and habits for building meaningful connections. Michigan Reconnect offers tuition-free community college degrees to explore passions and find new opportunities.

      There are numerous ways to connect with great people and manage relationships effectively. Jordan Harbinger offers a free 6-minute networking course on his website, jordanharbinger.com/course, which teaches systems and tiny habits for building meaningful connections. Additionally, Michigan Reconnect provides an opportunity to earn a community college degree tuition-free, allowing individuals to explore their passions and find new opportunities. To stay updated with these and other valuable resources, be sure to subscribe to Harbinger's newsletter and share the knowledge with others. Ultimately, the goal is to lift each other up and continue learning and growing together.

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    What We Discuss with Susan Casey:

    • The ocean plays a crucial role in regulating the Earth's climate and serves as the largest carbon sink on the planet, making its preservation essential for mitigating climate change.
    • The ocean is home to a fascinating array of creatures that have adapted to extreme conditions, such as iron-breathing microbes, glass sponges, and jellyfish that can reverse their life cycle.
    • Pollution, including plastics, chemical weapons, and nuclear waste, has severely impacted the ocean ecosystem, with some deep-sea creatures found to have plastic particles embedded in their organs.
    • There are an estimated three million shipwrecks on the ocean floor, preserving valuable historical artifacts and information — such as the Antikythera mechanism, an ancient Greek analog computer.
    • Exploring the ocean can lead to groundbreaking discoveries in medicine, Earth's history, and climate, providing valuable insights for addressing humanity's challenges — provided we safeguard this treasury of knowledge for current and future generations.
    • And much more...

    Full show notes and resources can be found here: jordanharbinger.com/984

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