How to Maximize Your Earning Potential
Career goals give purpose and direction to your professional development. They also can help you build the wealth you will need to improve your lifestyle and provide for a comfortable retirement.
It’s never too early in your career to think about your long-term goals. Ideally, you’ll choose a path that leads to professional satisfaction and handsome earnings. Here are four things you can start now to lay a solid foundation for success.
Build your educational qualifications. Going back to school communicates your serious commitment to improving future career prospects. Advanced training and certification can make you more valuable to current and future employers, broaden your skillset, and allow you to bring new ideas to your company. You can select from an expansive menu of offerings, including certificate programs, single courses, seminars, workshops, and formal degree programs. Online resources provide all these possibilities conveniently and economically.
Seek out mentors. An effective way to advance your professional growth is to engage with others who’ve succeeded at achieving a career path you admire. Good mentors offer valuable advice and can contribute to your overall career satisfaction. Seasoned professionals can help you determine a route to your own success while avoiding many pitfalls along the way. You can find mentors through professional associations, nonprofit organizations, your workplace, family connections, volunteer groups, and local businesspeople.
Activate your networking. Many professionals believe networking to be vital to career success.1 A prior relationship is often instrumental in finding your next job. Moreover, connecting with others can impact your long-term career path. Networking venues, such as industry conferences and seminars, allow you to expand your circle of supportive resources and inputs that drive career growth. Use business-oriented social media to make new contacts, share your ideas, and keep up with the latest industry trends.
Communicate with your manager. Your managers will not understand your needs for career development unless you tell them. Prepare to show how your company will directly benefit from sponsoring employee development. Sharing your aspirations with your employer can make a positive difference by demonstrating your willingness to work hard to achieve your ambitions. Don’t be afraid to ask for consistent, direct feedback to help you meet your performance benchmarks.
The money will follow. Careful career planning and hard work are time-tested ways to maximize your earning potential. Financial planning is equally important as it helps you manage your money wisely. I invite you to contact me to discuss your financial goals. Together, we can establish a plan to help you work toward the lifestyle you want and the retirement you deserve.
As a financial professional, I’m here to help you with your financial goals. If money management has you flustered, call me for an appointment. Together, we can work out strategies to save you time, lighten your load, and help you implement your financial plans.
Wherever your goals take you, we can help you get there. We help our clients to navigate these and other important decisions that impact their economic future.
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This material was prepared for Chris Larkin and does not necessarily represent the views of the presenting party or their affiliates. This information has been derived from sources believed to be accurate. Please note—investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting, or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax, or legal advice and may not be relied on for the purpose of avoiding any federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.