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5 Ways to Leave Your Dead-End Job and Become a Millionaire Shortly

5 Ways to Leave Your Dead-End Job and Become a Millionaire Shortly

In an age where twenty-year retirement packages and pensions are rarely available and millennials are leaving their jobs in record numbers in hopes of making their first million on the next big opportunity, the time is ripe for workers looking for an exit strategy. Never before has there been a better time to leave your dead-end job.

Such was the case with Ryan Graves, a 9-to-five-er-turned Uber billionaire, whose success story is an inspirational, yet practical example of making it happen. Here are five ways to leave a job with no future and get to seven figures shortly.

1. Develop a high-demand transferable skill.

If you take a look at working millionaires from just about every industry, you’ll notice a trend. Millionaires typically have a skill set that is transferable and/or carries a significant amount of value. In other words, they have the ability to perform functions that make them invaluable. This is often seen in the tech space. High-demand technical positions with early-phase startups can equate to an ownership percentage of the company that later turns into a seven-figure payout.

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If you want to fast-track your exit strategy and move towards wealth in a shorter amount of time, develop and leverage a skill set to make it happen.

2. Ignore the word “No.”

While this may sound elementary, it’s perhaps one of the most important things to master in business if you want to succeed in achieving millionaire status. To the average worker, the word no carries a negative connotation. Yet, millionaires understand, the more no’s they receive the closer they will be to reaching their goals. The word “no” can be a good thing. It can motivate you to find a way to get to “yes.”

No can often mean that someone is just not ready yet for what you have to offer. However, a no could change to a yes the next time around. Or it may mean that you did not present your offering in the best way. Consider re-framing the way you make your pitch; in a way that shows the benefits to the recipient, as opposed to only talking about what you provide.

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Hearing the word no after trying to sell something or pitch an idea is one thing, but hearing the word no from nay-sayers is quite another. If you want to successfully leave your day job then you cannot listen to detractors who tell you that you can’t do something or that it will never work. Most every millionaire who left their job has experienced this at some time or another, but they didn’t allow that negativity to occupy their head space.

You must develop the mindset of a millionaire in order to reach that status, and it starts with ignoring the word “no.”

3. Network your way out of a job.

Often times, it’s not what you know, but who you know. Networking is essential to putting yourself in a position for someone of influence to think of your name when an opportunity arises. You never know who you are going to meet; but if you don’t network you will never meet the person who could help change your life. No one has ever left their job and became a millionaire solely by themselves. They either knew someone or met someone that helped them get from point A to point B.

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Use every opportunity to network and meet someone new and never underestimate the influence of people you talk to. Your next conversation may be the key to punching that time clock for the last time.

4. Hustle at your own expense.

Sometimes, to go forward, you have to go backward. In the story of Ryan Graves, he prospected and generated leads for a company that initially refused to hire him. He decided to prove his worth by accomplishing all of this on his own time and on his own dime—without their knowledge. After turning in his list of new accounts to them, that same company hired him.

If you want to get out of a dead-end job, you have to be willing to hustle and do whatever it takes to make it a reality.

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5. Recognize the next BIG opportunity.

Imagine if you had invested in Apple, Amazon, or Uber back during their infancy. You may well be a millionaire right now. In order to capitalize on big opportunities, you need to develop a habit of studying trends and looking at things in a different perspective. Look for opportunities to invest in new emerging technologies, clean energy alternatives, and medical sciences.

One of the best online news resources to see what’s trending is Scientific American.

Getting out of the rat race is not impossible. In fact, now is a better time than ever. Regardless of your current situation, you can implement any number of these methods and be well on your way to leaving that dreaded J-O-B. Whether you develop a new skill, adapt the mindset of a millionaire, increase your network, out hustle everyone else, or capitalize on the next big thing, choose one or several and get busy doing the work so you can leave your dead-end job and get to your first million in the shortest time possible.

Featured photo credit: Crew HQ / Luke Chesser via unsplash.com

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Last Updated on December 3, 2019

7 Powerful Steps to Achieve Career Success

7 Powerful Steps to Achieve Career Success

I often hear people say, “I want to be successful but don’t know where to start” or “I’ve achieved career success yet I’m not happy.” And then I ask, “what does career success mean to you?” And many have a hard time articulating their response with much conviction.

It’s common that people lack clarity, focus, and direction. And when you layer on thoughts and actions that are misaligned with your values, this only adds to your misdirected quest to achieve your career success.

A word of caution. It’s going to take some time for you to think about and work on your own path for career success. You need to set aside time and be intentional about the steps you take to achieve career success. In my opinion, this step-by-step guide is apart of your life philosophy.

1. Define Career Success for Yourself

Pause. Give yourself time and space for self-reflection.

What does career success mean to you?

This is about defining your career success:

  • Not what you think you ‘should’ do
  • Not what people may think of you
  • Not adjusting to friends and family’s judgements
  • Not taking actions based on societal or community norms

“A flower does not think of competing to the flower next to it. It just blooms” – Zen Shin

When you strip away all your external influences and manage your inner critic, what are you left with? You need to define career success that best suits your life situation.

There’s no fixed answer. Everyone is different. Your answer will evolve and be impacted by life events. Here are a few examples of career success:

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  • Work-life balance
  • Opportunities for growth and advancement
  • Feeling valued that my contributions had an impact

Now even as you reflect on the examples above, the descriptions are not specific enough. You’ve got to take it deeper:

  • What do you mean by work-life balance?
  • What do you consider to be opportunities for growth and advancement?
  • How do you like to be recognized for your work? How do you know if your contributions have had an impact?

Let’s take a look at some potential responses to the questions above:

  • I want more time with my family, and less stress at work
  • I want increased responsibilities, to manage a team, a higher income, and the prestige of working at a certain level in the company
  • I’d like my immediate leader to send me a thank-you note or take me out for coffee to genuinely express her or his gratitude. I’ll know I’ve made an impact if I get feedback from my coworkers, leaders and other stakeholders.

Further questions to reflect on to help narrow the focus for the above responses:

  • What are some opportunities that can help you get traction on getting more time with your family? And decrease your stress at work?
  • What’s most important for you in the next 12 months?
  • What’s the significance of receiving others’ feedback?

Now, I’m only scratching the surface with these examples. It takes time to do the inner work and build a solid foundation.

Start this exercise by first asking what career success means to you and then ask yourself meaningful questions to help you dig deeper.

What types of themes emerge from your responses? What keywords or phrases keep coming up for you?

2. Know Your Values

Values are the principles and beliefs that guide your decisions, behaviors and actions. When you’re not aligned with your values and act in a way that conflicts with your beliefs, it’ll feel like life is a struggle.

There are simple value exercises that can help you quickly determine your core values. This one designed by Carnegie Mellon University can help you discover your top 5 values.[1]

Once you have your top 5 values keep them visible. Your brain needs reminders that these are your top values. Here are some ways to make them stick:

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  • Write them on cue cards or notes and post it in your office
  • Take a picture of your values and use it as a screensaver on your phone
  • Put the words on your fridge
  • Add the words on your vision board

Where will your value words be placed in your physical environment so that you have a constant reminder of them?

3. Define Your Short-Term and Long-Term Goals

When writing your short-term and long term life goals, use the SMART framework – Specific Measurable, Attainable, Relevant, and Time-bound. Treat this as a brainstorming exercise. Your potential and possibilities are limitless.

How you define short-term and long-term is entirely up to you. Short-term can be 30 days, 90 days, or 6 months. Maybe long-term goals are 4 months, 1 year, or 10 years.

Here are a few self-reflection questions to help you write your goals:[2]

  • What would you want to do today if you had the power to make it the way you want?
  • If no hurdles are in the way, what would you like to achieve?
  • If you have the freedom to do whatever you want, what would it be?
  • What type of impact do you want to have on people?
  • Who are the people you most admire? What is it about them or what they have that you’d want for your life or career?
  • What activities energize you? What’s one activity you most love?

Remember to revisit your core values as you refine yours goals:

  • Are your goals in or out of alignment with your core values?
  • What adjustments do you need to make to your goals? Maybe some of your goals can be deleted because they no longer align with your values.
  • How attainable are your goals? Breakdown your goals into digestible pieces.
  • Do your short-term goals move you towards attaining your long-term goals?

Get very clear and specific about your goals. Think about an archer – a person who shoots with a bow and arrows at a target. This person is laser focused on the target – the center of the bullseye. The target is your goal.

By focusing on one goal at a time and having that goal visible, you can behave and act in ways that will move you closer to your goal.

4. Determine Your Top Talents

What did you love doing as a kid? What made these moments fun? What did you have a knack for? What did you most cherish about these times? What are the common themes?

What work feels effortless? What work do you do that doesn’t seem like work? Think about work you can lose track of time doing and you don’t even feel tired of it.[3]

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What are your desires? Try it out. Experiment. Take action and start. How can you incorporate more of this type of work into your daily life?

What themes emerge from your responses? How do your responses compare to your responses from the values exercise and your goals?

What do you notice?

5. Identify ‘Feeling’ Words You Want to Experience

Do you have tendencies to use your head or heart to make decisions?

I have a very strong tendency to make rational, practical, and fact-based decisions using my head. It’s very rare for me to make decisions using my emotions. I was forced to learn how to make more intuitive decisions by listening to my gut when I was struggling with pivotal life decisions. I was forced to feel and listen to my inner voice to make decisions that feel most natural to me. This was very unfamiliar to me, however, it expanded my identity.

Review this list of Feeling Words. Use the same technique you use for the values exercise to narrow down how you want to feel.

Keep these words visible too!

Review your responses. What do you observe? What insights do you gain from these responses and those in the above steps?

6. Be Willing to Sit with Discomfort

Make career decisions aligned with your values, goals, talents and feelings. This is not for the faint hearted. It takes real work, courage and willingness to cut out the noise around you. You’ll need to sit with discomfort for a bit until you build up your muscle to hit the targets you want.

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Surround yourself with a supportive network to help you through these times.

“These pains you feel are messengers. Listen to them” – Rumi

7. Manage Your Own Career

Not to be cynical, but no one can make you happy but yourself. If you don’t take control of your career and manage it like your own business – no one will.

Discern between things that you can control and what you can’t control. For example, you may not be able to control who gets a promotion. However, you can control how you react to it and what you’ve learned about yourself in that situation.

Summing Up

For many who have gone through a career change or been impacted by life events, these steps may seem very basic. However, it’s sometimes the basics that we forget to do. The simple things and moments can edge us closer to our larger vision for ourselves.

Staying present and appreciating what you have today can sometimes help you achieve your long-term goals. For example, if you’re always talking about not having enough time and wanting work-life balance, think about what was good in your work day? Maybe you took a walk outside with your co-workers. This could be a small step to help you reframe how you can attain work-life balance.

Remember to take time for yourself. Hit pause, notice, observe and reflect to achieve career success by getting deliberate and intentional:

  1. Define Career Success for Yourself
  2. Know Your Values
  3. Define Your Short-Term and Long-Term Life and Goals
  4. Determine Your Top Talents
  5. Identify ‘Feeling’ Words You Want to Experience
  6. Be Willing to sit with Discomfort
  7. Manage Your Own Career

“When you stop chasing the wrong things you give the right things a chance to catch you.” – Lolly Daskal

Good luck and best wishes always!

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Featured photo credit: rawpixel via unsplash.com

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