Forbes 20 Things…

Forbes just released an article that everyone seems to be talking about; 20 Things 20 Year Olds Don’t Get.  Have you read it yet?  If you haven’t you should.  Yes some of the points are very specific to the 20 something generation, but truly the message resonates on so many levels regardless of age.  Myself, I couldn’t help but think about my past mistakes, present career changes that are fast approaching and of course the future.  Below are my top 5 talking points I took from the article, but seriously take 10 minutes and read all 20.  Happy Saturday Loves!  truly, MKR

What I wish I would have figured out in my 20’s…“Time is Not a Limitless Commodity – I so rarely find young professionals that have a heightened sense of urgency to get to the next level.  In our 20s we think we have all the time in the world to A) figure it out and B) get what we want.  Time is the only treasure we start off with in abundance, and can never get back.  Make the most of the opportunities you have today, because there will be a time when you have no more of it.”

What all 20 somethings (and 30 somethings, and 40 somethings, and so on) need to figure out…“You’re Talented, But Talent is Overrated – Congratulations, you may be the most capable, creative, knowledgeable & multi-tasking generation yet.  As my father says, “I’ll Give You a Sh-t Medal.”  Unrefined raw materials (no matter how valuable) are simply wasted potential.  There’s no prize for talent, just results.  Even the most seemingly gifted folks methodically and painfully worked their way to success.”

What I hope my current and future team members figure out and what I strive to live up to…“People Matter More Than Perks – It’s so trendy to pick the company that offers the most flex time, unlimited meals, company massages, game rooms and team outings.  Those should all matter, but not as much as the character of your founders and managers. Great leaders will mentor you and will be a loyal source of employment long after you’ve left.  Make a conscious bet on the folks you’re going to work for and your commitment to them will pay off much more than those fluffy perks.”

What I’m still trying to figure out…“Spend 25% Less Than You Make – When your material needs meet or exceed your income, you’re sabotaging your ability to really make it big.  Don’t shackle yourself with golden handcuffs (a fancy car or an expensive apartment).  Be willing and able to take 20% less in the short term, if it could mean 200% more earning potential.  You’re nothing more than penny wise and pound-foolish if you pass up an amazing new career opportunity to keep an extra little bit of income.  No matter how much money you make, spend 25% less to support your life.  It’s a guaranteed formula to be less stressed and to always have the flexibility to pursue your dreams.”

What is the MOST important lesson you’ll ever figure out…“Your Reputation is Priceless, Don’t Damage It – Over time, your reputation is the most valuable currency you have in business.  It’s the invisible key that either opens or closes doors of professional opportunity.  Especially in an age where everything is forever recorded and accessible, your reputation has to be guarded like the most sacred treasure.  It’s the one item that, once lost, you can never get back.”