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This blog will try to identify a number of simple strategies for getting the gelt and some career tips that seem to correlate with financial success. Men, at least historically, have felt an unequivocal need to establish themselves professionally and be financially successful. They often felt that they had to do this before a relationship commitment was even appropriate. With the economic tsunami and the new world economy, it’s not that easy to do. Between the ridiculous cost of living and the absence of high paying jobs making big bucks may be an unrealistic goal.
It’s a given that if you are just starting out, you should try to find someone that you trust for the purpose of training and protection. The old Type “A” behavior, which includes attributes of impatience, ambitiousness, and aggressiveness [while not great for relationships] is probably necessary at the beginning of one’s careers. All you Alpha men need to put all of your energy and time into work in the beginning to establish yourself. If you can hang with your bosses it’s always best. If you can play golf with them go today. As always, save some money, take some investment risks, dress well, but not too dandily. Exercise moderately on a daily basis, don’t eat like a pig, learn to hold your liquor/drugs, keep an eye on nasty colleagues and suck it up without appearing to be kissing anybody’s heiney. If you have inserted yourself into a field that you like and you work with the best people early on, then you can often branch out at some point on your own [possibly with a partner] and open the door to bigger bucks. Getting to senior people in any industry can often be accomplished by writing a letter [not an email] and following up with a phone call. Everyone pessimistically expects that you cannot get a meeting with people. Stumble forward and take risks!
While we are not into women yet as a category, you should have some sense as to your feelings about marriage and whether you are comfortable supporting someone indefinitely if she chooses to stay home with the kids. In general, I would not date the chronically unemployed or assume that she is going to go back to work. Don’t throw money at problems that you have with a spouse that really need to be discussed. Make sure that whoever you are attaching yourself to shares your beliefs about spending versus saving. I had a client who met a woman on a date and concluded that he wouldn’t take her out again because she was wearing Jimmy Choo’s shoes. As silly as that may sound, he knew she was higher maintenance than he desired.
Power often naturally evolves with increased income, but clearly communicating with passion and increasingly expressing independent beliefs is crucial. If all you do is kiss butt, you’ll never rise to the top. Delegate everything and anything that you can. Be fair, reinforcing, but tough on the people who work for you. Push senior people to give you opportunities to climb the ladder. If you feel you are not getting fair treatment, discreetly assess your worth on the market. Assertively ask for more power and money. Identify clubs and organizations where powerful people hang and consider joining and inserting yourself into it.
Last but not least, realize that power is a result of having something that others need or want. It can be a resource, information or a service [including referring clients.] There is also sometimes a discrepancy between real and nominal power and additionally a difference between your subjective sense of your power vs. others perception of this strength. So “man up” and lead with your cojones!
