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Afford Anything | Make Smart Money Choices

How to Be Awesome at Your Job, with Pete Mockaitis

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 2 October 2017

⏱️ 61 minutes

🧾️ Download transcript

Summary

#97: How can you be awesome at your job? That's the question that today's guest, Pete Mockaitis, and I tackle on the latest Afford Anything podcast episode. Pete hosts one of iTunes' top 10 career podcasts, called -- appropriately -- How to Be Awesome at Your Job. In typical nerd fashion, I launch our interview by asking him: "What is the metric by which 'awesome' is determined?" Here are a few other questions that I hurl his way: How to Get a Raise: Imagine that you enjoy your job; you don't want to quit. But they're not paying you what you're worth. You've asked for a raise, several times, and they've said no. What do you do? Angle for a Promotion? Or Focus on a Side Hustle? Let's assume that you're employed full-time, and your goal is to make more money. What's more effective: [Option 1] Focus on your full-time profession, putting in the extra hours to angle for a promotion? -- OR - [Option 2] Be an average employee and focus your excess time and energy on building a side hustle? Tough it Out, Then Retire Early? Or Not?: You feel ambivalent about your job, but it pays well. Should you pivot to an alternate career path, even if this causes an income drop? Or should you milk the big paycheck for 10 years, save and invest like crazy during that time, and escape into an early retirement?   What nuggets of wisdom does Pete share in today's episode? Here are six takeaways: #1: If you want to be awesome at your job, focus on these six areas: 1. Be present. 2. Be deliberate about how you direct your time, energy and attention. 3. Be thoughtful. 4. Communicate well. 5. Build strong relationships. 6. Manage your career. (We dive deeper into these points -- especially number two! -- in this episode.) #2: Apply the 80/20 rule to your decisions. Ask yourself: - What are the 80 percent of great results coming from 20 percent of my efforts? - What are the 80 percent of negative things that I don't like? What focused 20 percent of efforts can get rid of 80 percent of the negative? #3: "Wastefulness comes from inefficient methods in pursuing things." #4: Invent what people want. Not what you think they should want. #5: Learn the 2 questions that improve every decision: What must be true for this to be a good decision? How can I test that? #6: How can you find happiness at work? You'll need to be satisfied with RED: rewards, experience and demands. Rewards - Your compensation, security, advancement potential, and your pride in the organization and its activities. Experience - Your day-to-day experience at work, appreciation from others, enriching and psychologically safe environment, compelling tasks, sense of purpose, learning and growth, and autonomy. Demands - What are total hours needed and the flexibility of those hours? Find more at http://affordanything.com/episode97 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You can afford anything but not everything.

0:10.9

Every decision that you make is a trade-off against something else.

0:13.9

Saying yes to something implicitly means that you're saying no to lots of other opportunities.

0:18.8

And this is true not just of your money but also your time, focus, energy, attention.

0:23.9

Anything in your life that's a scarce or limited resource.

0:27.0

And so the questions are twofold.

0:28.9

What's most important to you and how do you align your behaviors to reflect those choices?

0:34.2

Answering this is a lifetime practice and that's what this podcast is here to explore.

0:38.2

My name is Paula Pant.

0:39.8

Host of the Affordable Care Podcast.

0:41.5

Today Pete McIdus, the host of the podcast How to Be Awesome at Your Job, joins me on the

0:47.0

show to talk about, well I think the topic is clear, about how to be awesome at your job.

0:51.5

We also chat about early retirement, career changes, and whether you should focus on your

0:55.9

primary job or focus on a side hustle.

0:59.2

Here's Pete.

1:00.2

Hey Pete.

1:02.2

Hey Paula, how's it going?

1:06.4

Excellent.

1:07.4

How are you doing?

1:08.4

Oh I am delighted to be here.

1:10.8

Delighted.

1:11.8

Delighted is a word that I do not often hear used and I think I should be used more.

...

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