Added: May 29, 2024

In this podcast episode, Codie Sanchez and Rachel delve into the common sentiment among young people of hating their jobs and feeling miserable in their 9 to 5 roles. They discuss a viral TikTok video of a 21-year-old expressing her frustration with her first job after college, where she has a long commute and feels overwhelmed with the lack of time for personal activities. Rachel shares her own experience and emphasizes the importance of understanding the banality and meaninglessness of entry-level jobs, which can be a stepping stone to better opportunities in the future.

Key takeaways

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Entry-level jobs often feel banal and meaningless, but they serve as crucial stepping stones to better opportunities. Recognizing this can help young professionals manage their expectations and stay motivated.

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Job hopping can be an effective strategy to increase earnings and beat inflation. Studies show that job hoppers often receive higher raises compared to those who stay in the same role for extended periods.

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Effective negotiation is key to career growth. Understanding your market worth and the value you bring to your company can help you negotiate better raises and title changes.

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Leaving a job, especially due to difficult bosses or unfulfilling roles, can be challenging. However, it can also be a necessary step towards personal growth and entrepreneurship.

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Making strategic decisions, such as assessing the profitability of a side hustle within a 90-day timeframe, is crucial. Hitting product-market fit and knowing when to pivot or move on are essential for success in small businesses.

Job hopping for higher earnings

The conversation transitions into the idea of job hopping as a strategy to beat inflation and increase earnings. They reference a study that shows job hoppers often receive higher raises compared to those who stay in the same role. Codie emphasizes the importance of not staying in minimum wage jobs but using them as a stepping stone to higher-paying positions. She suggests that instead of focusing on raising the minimum wage, individuals should aim to advance in their careers and seek better opportunities.

Maximizing Career Growth Through Negotiation

Codie shares her personal experience of job hopping every year and a half by negotiating for raises and title changes. She advises listeners to assess their worth in the market and within their current company to determine the right time to ask for a raise or consider moving to a new job. She emphasizes the importance of being a top performer and understanding the value they bring to the company to negotiate effectively.

Mastering the Art of Negotiation

The podcast also delves into the art of negotiation when asking for a raise or considering a job change. Codie recommends using a shadow influence technique to justify salary demands based on market rates and personal circumstances. She also highlights the significance of setting the right tone and timing for negotiations to increase the chances of success.

Challenges of Leaving a Job

Furthermore, the podcast touches on the challenges of leaving a job, particularly when dealing with difficult bosses or unfulfilling roles. Codie shares her experience of leaving corporate jobs to pursue entrepreneurship and emphasizes the role of bad bosses in driving individuals to become entrepreneurs. She suggests that leaving a job may be necessary if the boss is unreasonable or if the work environment is not conducive to personal growth and satisfaction.

The Importance of Strategic Decision-Making

Codie shares her insights on the importance of making strategic decisions when it comes to leaving a job, emphasizing the need to assess the profitability of a side hustle within a 90-day timeframe. She highlights the significance of hitting product-market fit in small businesses and the necessity of being able to pivot or move on if a venture is not yielding the desired results.

Challenges of Transitioning Back

The discussion also touches on the challenges of transitioning from working remotely to a traditional office setting. Codie emphasizes the need for discipline and hard work when re-entering the workforce after a period of remote work, stressing the importance of putting in extra effort to catch up with peers who have been consistently working in an office environment.

Professionalism in Employee Transitions

The conversation takes a turn towards the dynamics of working in a corporate setting and the role of HR departments in managing employee transitions. Codie shares her experiences with employees leaving her team and the importance of maintaining professionalism and positive relationships even after parting ways. She cautions against playing the victim card when leaving a job, as it can have long-term repercussions on one's professional reputation.

Benefits of Reputable Employers

The podcast also explores the benefits of working for a reputable company and the lasting impact it can have on one's career trajectory. Codie advises listeners to document their work processes and leave a positive mark on their former employers, as it can lead to future opportunities and recommendations.

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