Did Koch just tell the best kept secret of the riches?

Everyone wants to plan his or her career and this planning is important too as it tells you which road to tread to reach your goal. Some start planning quite early in life, while some start later. There is no harm in planning early or later in life as long as you have a solid plan. It is also fine to change the plans as you move ahead if the things you planned don’t work out for you or you develop an interest in some other profession. As long as you are clear with your goals and plans, it is fine.

However, if you feel lost or need some guidance for your career, you can always look towards the tips given by those who have achieved things they wanted in their life. One such person is David James Koch who has seen many ups and downs in his life but succeeded in his goals. Getting tips from such an experienced person can help you carve out your career plan perfectly. These tips work irrespective of what career you want as they work in shaping your personality and attitude. His advice is:

Be on a Look Out and Grab Any Opportunity You Get

“Always have enough confidence in yourself to give anything a go. But, also have enough confidence, if it doesn’t work out, to go and do something else”, says Kochie. He also mentions that it was the single best bit of advice he ever received. He also says that he tried to follow it to the letter. That came from his father, and he’s trying to pass it down to his children. In essence, it means never be scared of an opportunity. Grab it, give it your best shot, and if it doesn’t work out, then move on to something else. But never be left wondering ‘what if?’When Koch was working at Sunrise Network as a finance editor, he came across an opportunity to become a host. He was happy for that. It seems that he keeps asking himself: “How on earth did a finance journalist end up hosting Sunrise?”  And he answers that he has always been an opportunist and whatever he is today is all because of the dedication and commitment that he had put in.

Develop Your Skill Set and Don’t Get Intimated by Others around You

When says that when he was a young, ambitious 25-year-old journalist, he looked around at all the finance media icons to see what he could learn and how he could be as good. He also mentions that they were all highly skilled with great contacts and much older than he was. Then says, “So I looked for what could be the next big thing in finance journalism, something so new and different than the usual rules wouldn’t apply and age wouldn’t matter. I’d seen the boom in personal finance media in the US while visiting my parents, who were living in San Francisco at the time. So I decided to do the same thing in Australia. I think the key in any career is to look around and find an in-demand specialty where you can develop a unique set of skills that can set you apart from the rest.”

Adapt Quickly to Changing Job Scenarios

The economy and technology have dramatically changed the working landscape. Tens of thousands of positions have been made redundant and some jobs have disappeared altogether — including many jobs in print media, where I started out. If you’re in a large company, the first step is to look for the right department and job. Ignore the gossip and check with the personnel department to see which divisions are hiring. Internal transfers usually receive preference. Ask department heads about their long-range plans, and scan trade magazines or websites to learn which parts of your industry are expanding.

Be Positive About Future

Every New Year I ask Libby and the kids what goals they’ve set for themselves for the next 12 months. For years they’d laugh at me. As they got older, there were fewer laughs and even a couple of answers. Life’s so busy these days that we don’t seem to take a deep breath, stop and think about what we want to do as individuals. But if you don’t have some sort of map, how do you know where you want to get to?

Manage Life’s Uncertainty by Having a Backup Plan in Place

I’ve always vowed I’d never depend on radio or television for a living. While they’re great jobs, in some ways they’re horrible industries to be in because they’re so cutthroat and volatile. When you have a single income, a couple of kids and a mortgage, that volatility is unacceptable. So I’ve always worked other jobs on the side because I don’t want to put the family at risk. That little stash of cash from a second job gives you a fallback position for when things go wrong and flexibility.

Give Your Best and Money Will Eventually Follow

There’s no doubt money is important. Being paid what your worth is important. But it isn’t the be all and end all. My top priority has always been to be in a job I love and then be paid appropriately for doing it. I’ve always thought it’s better to be happy to be paid a little below what your worth and keep your job than push for every last dollar and run the risk of being let go at the next downturn.

Keep Adding Value to Yourself

Branding is important for every organization. The same is applicable for your career as well. Do what best you can at work and build up your reputation at workplace. Take up responsibilities in your company even if it is not a part of your daily work. For instance, it could be anything from helping a committee to being a first-aid representative. This can help you develop your personal brand.

Listen to a Good Mentor

If you are able to find a good mentor, it can be a great value addition to your life. As youngsters, you would definitely need someone who can guide you through the right path after graduation. A well-experienced mentor, who is successful in life, would be able to do that.

The important thing is to have a goal and then plan to achieve it in life. If you have a goal in sight but don’t know how to plan for it, these tips from someone as experienced and successful as David would be really useful. He has donned many roles in his life – that of an operator, company director, business owner and a presenter. He is also an excellent co-anchor. He is in high demand to talk to audiences at business groups and corporate events who look forward to his finance tips and real-world business advice. His keynote speeches on investment and the method to succeed in business are much sought after.

Following his career tips will thus help carve out a career plan for a bright future ahead.