Have you made any effort to climb the corporate ladder at your work? Do you feel like you have a solid plan to do it, or are you just working blindly without direction? I can’t honestly tell you that I had a plan a couple of years ago, but for the past few months, I have definitely been focusing on the climb, and I feel like I’m already eyeballing the top of the ladder!
If you’ve been reading my blog for a few weeks, you know that I’m really an entreprenuer at heart. I love to create wealth where no one else sees potential, and I enjoy being able to increase my earnings without years of effort (did you know I made $3,842 online in the month of February?)! However, I simply can’t ignore the tremendous opportunity at my place of employment.
Baby Boomers Are Everywhere!
My first day on the job was pretty standard. I was shown where my desk was, I was introduced to our entire department, and I was given a broad overview of the tasks that I would perform in the coming weeks and months. Nothing was really out of the ordinary….. except the age of the workforce. Everywhere I looked, there were age spots and thinning hair. In the next few weeks, I discovered that 30% of our workforce was going to be retiring in the next 10 years!
Right now, I am 26 years old. In 10 years I’ll still be well under 40, and I’ll have about 1,500 jobs to choose from (many of them in higher management)! This scenario has opportunity written all over it. I just needed to figure out how to put myself in the right position.
I am a very analytical person. Hand me a sheet of paper with a bunch of percentages and numbers, and I could tell you within a few seconds which ones are the outliers, what the cause might be, and how we could remedy the situation. It’s a great skill to have, but I don’t feel like I’m able to showcase these skills in my current role, I really need to be in finance.
Finance Is Where CEOs are Bread
If you take a look at a random sampling of 100 CEOs, I bet 40% or more have a finance background in some form or fashion. They understand what the company’s numbers mean, and they’re able to course correct the business because of it.
I happen to love finance, and I’m also excited that it’s such a great path for future leadership in any given company.
How I Plan on Shifting My Career
The first step was easy! Since my degree is in finance, I simply asked my boss if it would be ok if I take on some additional projects for the finance department. She was more than ok with me taking on the extra responsibility, just so long as it didn’t impact my current work. She actually gave me some helpful contacts within the finance department to get me started!
In addition to my initial projects, I decided to seek out a mentor as well. With the help of our people services contact, I was able to get paired up with a Vice President, and he has been an invaluable resource within the Finance Department. By networking through him, I am now able to meet with every leader within Finance.
As long as I keep these contacts and do an exceptional job on my projects (and also obtain my MBA – I start class in the fall), I’d say the sky is the limit! 10 years from now, I would not be surprised if I found myself in a VP position. It should be a fun ride!
What do you think of my plan to get to the top? Do you have anything to add?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.