Here’s The Career Advice That These Millionaires Wish They’d Received When They Were Younger

Here’s The Career Advice That These Millionaires Wish They’d Received When They Were Younger

As teenagers, you may find yourself standing at a crossroads at a certain stage of your life. While studying provides you with opportunities to grow and explore new career paths, it can also be confusing to decide what you want to do in the future and how you will get there, especially when you are unsure about what you want to do with your life. The weight of making the right decision can be daunting and overwhelming which means it is more important than ever as a student to make informed decisions about your career. This is where career advice comes in. 

Career advice helps you to recognise and understand your strengths, weaknesses, and interests and gives you a clearer picture of the career paths available. So what if you could get career guidance from those who have already reached the pinnacle of success and have become millionaires through their work? Their insights and experiences would provide you with invaluable guidance as you navigate the path to your own success.

Warren Buffett, 91 – Berkshire Hathaway, $364B Annual Revenue 

“The people who are most successful are those who are doing what they love.”

Warren Buffet is the legendary investor and CEO of Berkshire Hathaway, a conglomerate with a market value exceeding $600 billion. His wealth is estimated in the billions, making him one of the richest individuals globally and a worthy person to take advice from about choosing the right profession.

What he suggests is quite straightforward: when you enjoy what you’re doing, you’re more likely to do well in it. Choosing the career that is right for you and aligns with your passion is the first step to success and potentially becoming a millionaire. Imagine waking up every morning excited to go to work because you’re doing something you genuinely enjoy. That’s the kind of feeling he is talking about.

So, when you’re thinking about your future career, it’s worth considering what makes you happy. Whether it’s working with people, solving problems, or being creative; finding something you love can make your job feel less burdensome and more like doing something you enjoy every day. 

Erik Matlick, 49 – Bombora, $31M Annual Revenue

“I don’t know as much as I thought I knew.”

When Eric was asked to reflect on his younger life, he said “I don’t know as much as I thought I knew”. The world is constantly evolving, global industries are constantly changing, and innovations emerge every day. The willingness to admit that we don’t know everything can be a valuable asset. When we’re young, we may feel invincible and overly confident in our abilities. However, acknowledging your limitations and embracing a mindset of lifelong learning can open doors to new opportunities and insights.

Matlick’s advice is a reminder to remain humble and receptive to feedback, even as you gain experience in your chosen career field. By recognising that there is always more to learn, you can cultivate a growth mindset that fuels your personal and professional development. You could achieve this by seeking guidance and feedback from parents, mentors or peers. Stay curious so you are always in a position to learn, adapt, innovate, and stay ahead of the curve.

Andy MacMillan, 42 – UserTesting, $84M Annual Revenue

“Focus as much on relationships as on gathering knowledge”

It can be said that anyone who has become a millionaire with a successful company would not be where they are today without all the people that are behind the company. That includes the workers, the families, and even the customers.

Andy believes in the power of good relationships. So while it’s important to learn and get good at what you do, it’s just as important to build good relationships with others. Whether it’s your family, classmates, teachers, or people you meet during internships or work experience; forming connections can open up doors you never even knew existed.

Think of it this way: having friends and connections who support you can make your journey through school and into your career a whole lot smoother and more fun. So, while you’re working hard on your studies and trying to figure out your path, don’t forget to take time to connect with others, but do it genuinely, be kind, and build a network of people who can cheer you on and help you along the way.

Jason Hsiao, 43 – Animoto, $31M Annual Revenue

“Be smarter about making choices and having a strong rationale for those choices.”

When you are young, there are many options and opportunities available in choosing your career. Being able to make informed decisions is an important part of choosing the opportunities and paths that are right for you. It’s not just about making choices; it’s about doing so wisely, with a clear understanding of the reasons behind each decision.

Understanding the ‘why’ behind your decisions is done by taking the time to weigh your options, consider the potential outcomes, and evaluate how they align with your long-term goals. It’s about being proactive rather than reactive, taking control of your future rather than letting circumstances dictate your path. This will empower you to navigate challenges with confidence and conviction. It provides a solid foundation for you to design your career path and ensures that every step you take towards your dream career is purposeful and intentional.

Steve Jobs, 56 – Apple Inc. $385.70B Annual Revenue

“Your time is limited”

We’ve just discussed making smart decisions, and an aspect of that is being smart with how you use your time. As you are trying to follow your career of choice, it’s crucial to master the art of time management and strategic planning. When you are building your career, time is your most valuable asset. Learning to prioritise tasks, set goals, and allocate time effectively can make all the difference in achieving your aspirations. 

Think of each day as a set of purposeful actions that will help you get closer to your goals. So what actions are you taking throughout your day-to-day life? Is the time you are spending on those actions helping you get closer or further away from your goals? Whether it’s scrolling mindlessly through social media or procrastinating on important tasks, be mindful of how you invest your time.

But here’s the catch: while it’s essential to have a roadmap for your career, it’s equally vital to remain adaptable to unexpected twists and turns along the way. Life has a funny way of throwing curveballs, and being open to new opportunities and experiences can lead to unexpected doors opening.

Bill Gates, 68 – Founder of Microsoft, $227.58B Annual Revenue

“Measure progress and goals” 

Most millionaires or people who are successful in their careers will advocate for setting clear goals and measuring progress towards achieving them. Whether it’s navigating school, pursuing your passions, or carving out your career path, setting goals and measuring your progress is like having a secret map to success. 

If you have a vision of where you want to be in the future, break that dream down into bite-sized goals – small steps that will lead you closer to your ultimate destination. Maybe it’s acing your exams, landing your dream internship, or starting your own business. Whatever it is, setting clear goals gives you something to aim for and keeps you motivated along the way. By setting goals, you’re giving yourself a clear direction and purpose. You’re saying, “This is what I want, and I’m going to make it happen.”

But setting goals is only half the battle and the real magic happens when you start measuring your progress. It is like tracking your score in the game of life. By measuring your progress, you can see what’s working, what needs tweaking, and what you can do better next time. This will help you hold yourself accountable to the goals you have set for yourself. 

Shou Zi Chew, 41 – Tik Tok CEO, $16.1B Annual Revenue

“I worked hard with what I had, I put myself out there” 

As the current CEO of TikTok, Shou Zi Chew is a prominent figure in the tech industry. His journey from humble beginnings to leading one of the world’s most influential companies is nothing short of remarkable.

When reflecting on his path to success, Chew emphasises the pivotal role of hard work and resourcefulness. His words highlight the importance of making the most of one’s circumstances and relentlessly pursuing one’s goals. His journey from a driven young individual with a passion for finance to the CEO of a multibillion-dollar company shows the power of hard work, perseverance, and a willingness to seize opportunities

As you follow your path to success, remember that success is not solely determined by one’s background or circumstances but by not giving up in the pursuit of your goals and having the courage to face any challenges head-on. Leverage your strengths and skills, and do everything you can to put yourself in the position to succeed. 

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