Becoming Great.com

#63 - Climbing the corporate ladder - IT'S A TRAP!

04.30.2020 - By great.comPlay

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What is a successful career? What's the difference between climbing the corporate ladder, or becoming an entrepreneur? It's easy to start climbing one latter and not being sure if it's the right one or how to change the ladder you are climbing. In this episode, we touch upon what's the difference between climbing the corporate ladder and becoming an entrepreneur, when is the right time to start your first business and what are the risks of climbing the corporate ladder? This is an episode that is extra important for you early in your career, this is when you decide what ladder to climb. Today's episode is an entrepreneurship episode, where Erik and Emil explore topics about how to become a better business person. We are often sharing real-life examples that have happened previously in our careers. What we have learned, whom we have learned from, and how we have applied that into our real lives. Everything in a mix with personal thoughts and reflections. We start this episode by exploring what it means to be climbing the corporate ladder, what are the steps, and what happens when you climb them? We then talk about why it's easy to get trapped in the corporate ladder and why it's harder to switch over to the entrepreneurial journey later on. It's easy to start identifying with your job, making the title a part of whom you are, increasing your expenses, etc. All things that can make you stuck. We then move on to thinking about life from a 10-year perspective. If you draw a line into the future from where you are today, will you end up where you want to be 10 years from now? If not, what changes can you do today that will make you reach where you want to be? Is climbing the corporate ladder the right strategy or is it better to start saving money, lowering your expenses, and give entrepreneurship a try? Follow Erik and Emil on their social channels! http://linktr.ee/smilingerik http://linktr.ee/emil.ekvardt

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