023 | Career Hacking with ESI Money

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023.CAREER HACKINGP.S. If you have time to leave a review for the podcast it would be a BIG help to us -) http---www.choosefi.com-itunes

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ESI from ESI Money is on the podcast today talking about Career Hacking and how you can set yourself up to earn millions more over a working career with seven simple steps.

In Today's Podcast We Cover:

  • ESI from ESIMoney.com is here to discuss ways you can increase your earnings through Career Hacking
  • ESI retired at 52 and reaching “financial independence” in his early 40s. He lives in Colorado, which is where many FI bloggers live
  • Your career is a multi-million dollar asset and it is important to focus on maximizing your earnings
  • There are steps you can take to increase your lifetime earnings while in the same job
  • Start with a higher beginning pay and how to get there
  • Start with a career that has a higher opening pay; negotiate your starting salary; increase your pay through education/degrees
  • How we can use this knowledge and apply it to our kids for ‘second generation fire’
  • How to get higher than 3% raises per year and how that can lead to millions of dollars of extra income through a career
  • Seven actionable steps to earn more money on yearly raises and grow your career
  • Step 1: Perform as well as possible in your job
  • Sit down with your boss and discuss expectations and make them quantifiable
  • Document your success and keep your boss informed, which helps “manage your boss”
  • Step 2: Be likeable or ‘more likeable’
  • People like to reward and promote people they like, so be nice and considerate
  • Step 3: Networking is essential
  • You need to help others as much as possible so they will be willing to help you in the future
  • ESI’s actionable tips on how to use LinkedIn to create and foster a network of valuable connections
  • How ESI reached out to his network when he was looking for a new job and he landed a job in Colorado through the network
  • Step 4: Be more attractive
  • Dress a little bit nicer and pay a little more attention to your appearance; “date your career”
  • Step 5: Continue learning and developing your skills
  • How Warren Buffett believes public speaking increases your career value 50%
  • Scott Adams’ ‘talent stack’ to create a valuable set of skills for your life and career
  • Trying to get better at life skills a little bit at a time every day
  • Step 6: Manage Yourself
  • Life skills you need to navigate life and your company politics, etc.
  • Create a system to getting things done in life for personal motivation and drive
  • Find yourself a mentor to guide you
  • How ESI uses a system he learned early on in his career to manage himself
  • How Brad and ESI both use ToDoIst to manage their lives
  • Step 7: Market Yourself
  • How you can get huge pay increases when you move to a new job and how to find new options
  • Hot Seat Questions
  • Favorite life hack: living in low cost cities and communities
  • Biggest financial mistake: Waited to start investing until after he got married.  Lost 5-7 years of compounded returns
  • Advice for your younger self: Start saving and investing earlier and more significantly

Links from the show:

Books Mentioned in the Show:

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5 thoughts on “023 | Career Hacking with ESI Money

  1. One thing that I have found helpful in choosing a good photo is the website PhotoFeeler to help evaluate photos. They also have some good (and purportedly scientific) advice on how to improve your photo and even manage to get some good photos that you take yourself (yay in-sourcing.) They have an option for how to get your photo evaluated free (and help out others) or you can pay for faster evaluation.

  2. Hi Brad,
    You and ESI talked about Todoist and how it’s changed your life….outsourced your mind. Question, are you using the premium edition or regular free one? I have to assume you’re using the paid premium version as it doesn’t seem all that useful otherwise in terms of reminders and push notifications (need premium for those).

    Thanks for all the great work on your show. I’m looking forward to so many more episodes to go through.

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