TransformingYourCareerTransformingYourself

My mother cried when she visited me in the firetrap where I was bunking in New York City. For me, a starter writer, it was heavenly austerity. I gloried in having to skip meals.  And, like so many creatives back then I did make it, at least according to the adjusted metrics for success for those in the arts. We got it that we would never be Wall Street material. That career held up for 40+ years. Then there was severe glut with a side dish of burnout. Then AI.  Currently, as a career coach, I dash the dreams of the youth (and talk straight to their parents) considering heading out to New York City to launch a career. Bloomberg seconded that today. It documented that in the past few years starter jobs had plunged 37%.  Meanwhile, there are fewer firetraps to bunk in. The average rent for a studio apartment is $3,630. Since surrounding areas have gentrified there really is nowhere to pursue a life of poverty-with-a-purpose.  The direction I recommend is to explore opp...

It was F. Scott Fitzgerald who nailed it. He observed that the rich are different from the rest of us ordinary strivers.  One way that they're different is that they are not bound to play in the middle class sandbox of correct spelling, grammar and punctuation. Evidence of that is presented by The Wall Street Journal in the communications of Jeffrey Epstein, Jack Dorsey and David Ellison. They float above giving a darn about what such errors could signal about them. But, as a coach I warn job searchers as well as those interested in marrying up that option isn't open to them. "Proper English" or the standardized rules continue to function as socioeconomic class markers. That ranges from how you will be perceived in a client-facing role to what his/her parents will think of you as a future in-law. During grade school and high school we oldest of the Boomers were being prepped for going to college and having a role in the coming economic expansion by having those commu...

  The oops no one even envisions in a nightmare. As FT reports and Reddit comments, elite law firm Simpson made the kind of mistake that could have serious reputational, new business development and malpractice consequences. Along with all that, lower-level lawyers such as associates or those operating as counsels could lose their jobs since they are those ones responsible for filings. Partners leave that task to them.  Essentially this is what happened. Simpson Thacher & Bartlett missed the deadline in an appeal. That was associated with the UK competition regulator decision to block a merger between Simpson client Aramark and UK catering group Entier. It was because of antitrust concerns. The appeal was filed one day late. Simpson contends that represented a misinterpretation of the rules. There was a refusal to extend the statutory time limit. Therefore, Aramark must unwind the merger. Aramark has indicated that it is thinking about other appeal options. Here is a copy...

 The meme I am hammering during intuitive coaching is this: Live below your income. That's even in retirement and semiretirement (that is, you're still bringing in income). Last year you may have taken a bucket list vacation. Next year you could be, as Rich Dad, Poor Dad predicts, homeless.   Right now futures are up. But that doesn't mean the market will be by its close tomorrow. Dow Futures 47,928.00 Fair Value 47,737.44 Change + 183.00   0.38%   Implied Open + 190.56 Be scared.

  It's become an evening habit, after-6: checking market futures. Right now (7:30 PM ET) here's what CNBC reports, with oil at $100 a barrel: " Futures  tied to the Dow fell 806 points, or 1.7%.  S&P 500 futures  and  Nasdaq 100 futures  each tumbled 1.5%." For us in BoomerVille that can mean our plans for enjoying life a bit have been undone.  In a more bullish time for our investments some of us have been considering lux experiences. At the top of my list is touring the locations in which great British literature and dramas had been composed and played. Yes, I would take my time. So what for the cost of inns and hotels.  We are able to move on, aren't we. Obviously I am over being bitter that my doctoral studies in literature and linguistics didn't result in a tenure-track academic job. After all, tenure itself has become as much an anachronism as a traditional career path. At the University of Akron, of the 70 professors laid off, some we...

  The subunit on Reddit for public relations jobs posts laments from both in-house and agency employees about the stress generated by superiors, clients including internal ones, journalists and even shareholders.  The classic example of that could be illustrated by what Goldman Sachs' spokesperson Tony Fratto has had embedded in his recent duties. At the top of the list was being out there often delivering the financial institution's stance on the ongoing employability of its top lawyer Kathy Ruemmler. Since it was all quite positive many of us took to decoding what the statements might be revealing. For example, there was speculation that whenever a corporation indicates a controversial employee has the full support of the board that support actually might already be souring.  Well, for now, Fratto is off the hook on the Ruemmler situation. As is well-known, she resigned. There is a distancing there.  Ruemmler is using the services of her own spokesperson Jennifer ...