ChooseFI

023 | Career Hacking with ESI Money


Listen Later

023 | ESI from ESI Money is on the podcast today talking about Career Hacking and how you can set yourself up to earn millions more over a working career with seven simple steps. In Today's Podcast We Cover: ESI from ESIMoney.com is here to discuss ways you can increase your earnings through Career Hacking ESI retired at 52 and reaching "financial independence" in his early 40s. He lives in Colorado, which is where many FI bloggers live

Your career is a multi-million dollar asset and it is important to focus on maximizing your earnings There are steps you can take to increase your lifetime earnings while in the same job Start with a higher beginning pay and how to get there Start with a career that has a higher opening pay; negotiate your starting salary; increase your pay through education/degrees How we can use this knowledge and apply it to our kids for 'second generation fire'

How to get higher than 3% raises per year and how that can lead to millions of dollars of extra income through a career Seven actionable steps to earn more money on yearly raises and grow your career

Step 1: Perform as well as possible in your job Sit down with your boss and discuss expectations and make them quantifiable Document your success and keep your boss informed, which helps "manage your boss"

Step 2: Be likeable or 'more likeable' People like to reward and promote people they like, so be nice and considerate

Step 3: Networking is essential You need to help others as much as possible so they will be willing to help you in the future ESI's actionable tips on how to use LinkedIn to create and foster a network of valuable connections. How ESI reached out to his network when he was looking for a new job and he landed a job in Colorado through the network

Step 4: Be more attractive Dress a little bit nicer and pay a little more attention to your appearance; "date your career"

Step 5: Continue learning and developing your skills How Warren Buffett believes public speaking increases your career value 50% Scott Adams' 'talent stack' to create a valuable set of skills for your life and career Trying to get better at life skills a little bit at a time every day

Step 6: Manage Yourself Life skills you need to navigate life and your company politics, etc. Create a system to getting things done in life for personal motivation and drive Find yourself a mentor to guide you How ESI uses a system he learned early on in his career to manage himself How Brad and ESI both use ToDoIst to manage their lives

Step 7: Market Yourself How you can get huge pay increases when you move to a new job and how to find new options Hot Seat

...more
View all episodesView all episodes
Download on the App Store

ChooseFIBy ChooseFI

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

5,042 ratings


More shows like ChooseFI

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,577 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,238 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,999 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

804 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,302 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

538 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

676 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,092 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

603 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

453 Listeners

Everyday Courage with Jillian Johnsrud by Jillian Johnsrud

Everyday Courage with Jillian Johnsrud

117 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

829 Listeners

Rebel Entrepreneur by Alan Donegan

Rebel Entrepreneur

132 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

589 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,626 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

202 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

349 Listeners