8 Strategies for Building a Successful Career

Improving your earning potential is one of the best ways to take control of your financial life.

Here are eight tips that can help you build a successful and rewarding career:

  • 1. Consider your goals. Some dream of running Fortune 500 companies, getting into the Senate, or being professional athletes ‐ ‐ others are happy to work a day job that leaves them plenty of time to share with family, pursue hobbies, and enjoy the small things in life. There are no rights or wrong answers in life, but considering your goals before planning your career will help you find the right path for you.
  • 2. Make a plan. Some careers require lots of advanced education to even begin ‐ ‐ but even if your career can be started after high school, you can likely gain benefits by opting to travel, to take a class, or to volunteer for special duties. Research career paths in your chosen field, and make a plan that will get you where you want to go.
  • 3. Manage money wisely. If you are living paycheck to paycheck, it will be difficult to plan ahead and get where you want to go in the long term. It will also be difficult to make investments in your career, such as going back to school or taking a sabbatical year. Employers can even deny you a job if they find that you have bad credit! So smart money management is crucial to professional success.
  • 4. Be a learner. Acquiring useful knowledge and new skills will put you one step ahead of the competition. So whether it is in a formal academic setting or on the job, you should always have your mind focused on learning as much as possible.
  • 5. Make connections. We've all heard the old saying ‐ ‐ it's not what you know, it's who you know. This old adage proves true more often than not, which is why professional networking is such a crucial part of almost any career.
  • 6. Don't be afraid to ask. Perhaps your employer is willing to give you a raise and/or considering you for a promotion. Perhaps your employer's competitor would gladly double your salary to have you working for their team. If you don't ask, you will never know.
  • 7. Network Be ready to participate in social functions. Be open to new acquaintances. Meet new people and deal with them respectfully and enthusiastically. Be an active listener; you will surely learn something new. Networking is free, most of the time. It's full of like-minded individuals, and if you go to the right events, it's full of people that you can work with or learn from in some way. Ultimately, it's not about whom you know, but rather who knows you and the value you bring.
  • 8. Have an exit plan. Without a plan, retirement will be a struggle. Invest in your future by making a concrete retirement plan and contributing regularly to a retirement fund.

For more tips on earning, saving, and staying out of debt, visit Madison Monroe and Associates online today!

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