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ChooseFI | Financial Independence Podcast

Focused Work Ethic

ChooseFI | Financial Independence Podcast

Jonathan Mendonsa & Brad Barrett | Choose FI Media, Inc

Careers, Business, Investing

4.8 β€’ 5.2K Ratings

πŸ—“οΈ 31 May 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

Most people think excelling at your job is enough to advance your career β€” but what if that's precisely what keeps you stuck in place? When you're the fastest widget maker, they'll probably keep you making widgets. Brad and Jonathan unpack key insights from Camp FI Mid-Atlantic, including conversations with Liz from Chief Mom Officer and John from the Philadelphia local group. Liz breaks down why doing great work is just table stakes β€” career progression demands strategic volunteering, skill stacking, and visibility beyond your current role. John shares how he hit six figures by 24 through relentless work ethic, mentorship, and positioning himself to capitalize on market opportunities. The episode also touches on public speaking as a confidence builder, libraries as an underrated wealth hack, and the mechanics of asking for a raise with data to back it up. Chapters Introduction and Camp FI Highlights (00:00:00) The Importance of Public Speaking (00:01:55) Liz's Career Growth Strategy (00:07:35) John's Journey to Six-Figure Salary (00:19:09) Wrapping Up and Action Steps (00:46:30) Key Quotes "Reaching six figures requires hard work, luck, and preparation." (00:14:00) "Being the fastest widget maker can limit your growth." (00:08:00) "A library is the ultimate life hack for learning." (00:07:26) "Creating your own luck is essential for success." (00:09:07) "Never hesitate to request a salary increase." (00:43:38) Action Items Explore local volunteering opportunities to enhance your skills (00:09:50) Visit your local library and utilize its resources for personal growth (00:04:20) Evaluate your salary and consider asking for a raise with supporting data (00:43:36) Terminology Travel Rewards β€” Techniques for earning rewards points through travel-related spending (00:15:05) FI β€” Financial Independence; a state of having sufficient personal wealth to live long-term without active employment (00:12:00) Talent Stack β€” A combination of skills that make an individual uniquely valuable (00:03:06) Resources Harvard Business Review Case Studies (00:12:04) How to Fire Blog (00:45:01) Related Episodes Episode 013: Achieving Financial Independence through Intelligent Spending (00:35:00) Episode 045: The Power of Community in Financial Independence (00:15:44)

Transcript

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0:00.0

Your listening to Choose FI Radio.

0:09.6

The blueprint for financial independence lives here.

0:20.4

If you're looking to unblocked as secrets to financial independence and early retirement,

0:25.4

you're in the right place.

0:27.2

Stay tuned and join a community of like-minded people who are getting all fans to hear

0:32.0

and taking control of their lives in the pursuit of financial independence.

0:36.3

Choose FI, your home for financial independence online.

0:41.5

Hi guys, super excited to dive into this past week's episode to talk about our highlights

0:54.8

with Liz from Chief Mom Officer and help me with this.

0:57.3

I have my co-host, Brad here with me today.

0:58.9

How are you doing, buddy?

0:59.9

Hey, Jonathan.

1:00.9

I am doing quite well.

1:01.9

Yeah, we had a great weekend over at Camp FI Mid-Atlantic and just a really good time.

1:07.2

I think they were somewhere in the upwards of 70 people there.

1:10.7

You always wonder, is there a max limit on how many people you could have in an event

1:14.6

like this?

1:15.6

I'm sure there is, but I was amazed at how intimate a setting like that was.

1:20.0

70 people, three days over Memorial Weekend, it was incredible.

1:24.4

Yeah, it really was a blast.

1:26.1

To your point, yeah, 70 sounds like a lot, but I think I had a conversation with maybe

1:31.4

everybody or pretty darn close, certainly 60 upwards of 60 people.

...

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