Negotiation Techniques That Really Work to Maximize Your Job Offer

on this episode

Negotiation can be tricky. When it comes to negotiating a job offer to get more money, it can be even trickier. You’re probably not close to the person from your new company who you’re negotiating against. And you might be scared of blowing the offer by asking for too much. What should you do? This week’s podcast is a bit of a special episode. I’m sharing a recording of a coaching session I had with a client named Jessica, who negotiated her job offer from $130,000… to $380,000. That’s right, she negotiated more than double what they originally offered her. Want to know how she did it? 

Jessica called me, very excited. She had received not one, but two, job offers, both life-altering opportunities. She was psyched, and I was proud of her. The first offer was from a small company that she really wanted to work for, but was asking her to take a pay cut from her prior job. The second offer was from a large company that was offering her a very prestigious role and a raise from her prior job.

No-brainer, right? Take the job with the big company! The problem was that she didn’t really want to work for the big company. She wanted to work for the small company. But she wouldn’t be able to do it unless she could convince the small company to offer her a better compensation package. It was time to negotiate!

What you’ll learn

  • How Jessica felt going into negotiations, and the tactics she used to get her dream offer.
  • The technique she used to work with her new company and successfully negotiate nearly triple her original salary.
  • Why negotiating your job offer makes your new employer want to hire you even more.

Success Stories

Thank you for guiding me through the negotiation process of asking for a raise. Even in this economy you convinced me to follow through. I also appreciate your thoughts on what I should include in my portfolio; it made the difference in the value added that I was able to present to my supervisor.

Ken Russell, Career Placement Coordinator, United States/Canada

I greatly appreciate your help in bringing this along because I wouldn't have had the confidence to negotiate and to be where I am today without the help of a lot of other people. You played a really significant role in it. I'm not going to be that everyday person that hates my job, I'm going to stretch and I'm going to aspire to be better and I'm not going to make that everyday salary. Thank you Scott for putting this out there for all the people that are trying to do a little bit better and trying to go a little bit farther. This is awesome. I love this. This thing that you do, the whole HTYC thing, from the paperwork all the way down to the podcast and just helping people understand that there is success out there and it is attainable but you've got to work for it.

Jerrad Shivers, Market Manager, United States/Canada

I had listened to the Happen To Your Career podcast for several years before reaching out to Scott about getting career coaching. I'd been in my role for nearly 10 years, wanted to stay, but felt like it was time to renegotiate. What I expected/hoped for was maybe a 10% raise MAX, as I was already near the top of my salary range for the area. Scott pushed me to ask for more, helped me feel confident I was worth that ask, and coached me through how that will probably go, what to say, when and how to say it, what not to say, etc. I walked into my boss's office prepared and he knew it. As my request went higher up the chain, they knew it as well. My preparations and HTYC's great coaching paid off, in a few week's turn around time I was given a 20% raise, and renegotiated job duties which will help me enjoy my job even more! I highly recommend both their podcast and coaching services, Scott and his team are the real deal!

Justin, Engineer

Exactly 5 weeks from when I arrived in Canada I got a full time job, negotiated a higher salary and within the next 3 days I got another offer that pays 33% more. I am happy and very thankful to you, for you gave me support when I was looking and offered great tips.

Ingrid , United States/Canada

Scott Anthony Barlow 00:01

After you get some acknowledgment from them, that's where you can jump in and say, "Well, here's one of the major things I'm concerned about right now. If I walk away from my role, this second, I'm essentially leaving $68,000 on the table."

Introduction 00:20

This is the Happen To Your Career podcast, with Scott Anthony Barlow. We help you stop doing work that doesn't fit you, figure out what does and make it happen. We help you define the work that's unapologetically you, and then go get it. If you're ready to make a change, keep listening. Here's Scott. Here's Scott. Here's Scott.

Scott Anthony Barlow 00:44

Here's a story we hear all the time, you did the work, identified what you wanted, to found a role with an organization that you want to join, you got through all the interviews, you've met everybody, organization was a fit, you nailed it, you got an offer. Woohoo! Except that the offers not quite everything that you were hoping for. Maybe the salaries not quite meeting your expectations. Or maybe it's half the amount of vacation time that you've grown accustomed to. Maybe it doesn't have all the leadership or mentorship capacities that you're interested in, maybe the role itself needs to be modified.

Jessica 01:18

I mean, I know that's a crazy signing bonus. But I'm also like, this is a C suite role[a] and the salary at 130 is just not, see it, like if we do any type of comp analysis, 130 is not what a person of my experience for 15 years[b] to master's degrees, the extent of what the role it's just under. But I also know we're talking about a startup. So I just don't know how flexible I should be. And again, I don't want to leave any money on the table...

Scott Anthony Barlow 01:44

Look, when you get to this situation, I understand the stakes are high. You want to negotiate your offer, you also don't want to blow it. So how do you tell this organization? The same organization that you just spent so much time and effort going through the interview process, meeting all the people, determining that it actually is a fit, they finally made this offer, it's your ideal role but, guess what? You need more. And how do you not offend them, by the way? How do you avoid sounding greedy or like you're going to be difficult to work with? These all sound like problems, it's not a great way to start off. However, there absolutely is not one way but multiple ways. So today on the podcast, we don't normally do this but I'm actually sharing with you a recording of a coaching session with one of our clients where we help her negotiate an offer but get this, she not only ended up accepting the offer, but raised her total comp package from 165k, to not 175k, not 185k.. 359k. Right. Okay. Hang tight to hear exactly how we did that.

Scott Anthony Barlow 02:56

Prioritize those for me if they're not already in priority order. Well, what we've been looking for... that are already in priority. Yes. That makes me so happy on so many levels. That being the case, then we need to focus primarily on salary, however, think it may be very useful, you call it out that, you know, 1099 could be a potential option in order to make up some salary.

Jessica 03:23

Yeah, like I don't need any benefits. And that I mean, my husband's like a federal government worker plans on it. So I haven't taken benefits in 10 years[c] from any company. I mean, I have long term disability now just because it's smart to have it. But at the end of the day, I have, you know, just I don't need it, I'd rather right now just like bring home as much cash as I can. And that's where I'm at.

Scott Anthony Barlow 03:42

Chances are high they're paying someplace between $500 in the very lowest end, which I think is really unlikely, up to about $20500 per month for the end of this. Back in my purchasing benefits days and working with brokers and everything like that, chances are high, that's someplace between those two numbers. That gives us essentially a little bit to work with, if they're open to the idea of that. The plan has to be going in and saying, look, this is really the role that I'm looking for in so many different ways. And I really am looking forward to working with you in here. And also at the same time, the only thing stopping me from saying yes right now is we have some pretty big differences in terms of what I was looking for, for compensation, for salary and signing bonus and annual bonus and equity and a few other areas. And I want to figure out how to work through those so that we can get to a situation where it's good for both of us. So I recognize that that might take some creativity, and I'm totally willing to figure out how that might work. I have some ideas but I also... we're probably going to need to figure it out together to be able to get you over here ASAP. I want that to happen. That's got to be. And I'm just being really directed just because we have a small amount of time, that's going to be the type of conversation where you're setting the expectations coming into it saying, "Hey, we've got quite a bit where we're off" is probably gonna have to be a verbal conversation the first time around. So instead of sending over this as an email, your next step is going to need to be setting up a time where you can converse with the decision maker who holds the purse strings.

Jessica 05:35

Mark, the gentleman that called me today, and he's the co founder and CEO, and then the other gentleman is another co-founder, Phil.

Scott Anthony Barlow 05:42

What's his name the other gentleman?

Jessica 05:43

Phil.

Scott Anthony Barlow 05:44

Phil. Okay. Mark, though?

Jessica 05:45

He was a CEO of a company.

Scott Anthony Barlow 05:47

What's his role now, here?

Jessica 05:49

Co-founder, visionary. It's very up in the air. But because they have global, which is the other company. And that's what's funding. They are in the more executive leadership development space, and they do strategy and consulting work with teams, talent and strategy around organizations trying to grow their leaders.

Scott Anthony Barlow 06:12

Okay, awesome.

Jessica 06:13

And then these courses are online, a professional development platform for emerging leaders. So it's 25 to 40 year old like, and that's what I was trying to say in the email. Like, I think they're so excited, because I would be the face of this company. Yeah, and I was like, "Well, okay, guys, so I'm gonna have to, like do the ISD work, and also be the face" which I don't mind being the face, because I'll just be wildly excited about it. The online platform is a combination between mentoring, coaching and learning. So it's like, it's in my core, you know, I'm like, Yeah, do this, you know, but I really want... I didn't want to go down in salary. I wanted to go up, you know, and...

Scott Anthony Barlow 06:52

So it got to be verbal conversation first. Sounds like it needs to happen with Mark, then. And is there anybody else that has a vested interest here?

Jessica 07:01

No. And I would say Mark is the sole decision maker. I've had conversations with Phil, and another gentleman, Joe, but he's been working solely with the recruiter to get... he's the CHRO, the previous CHRO, so he's like, applying the HR.

Scott Anthony Barlow 07:13

What is your bottom end here? If I read your email correctly, it sounds like you were, you've referenced the 45k increases that your bottom end, like, what is your walkaway point? Like, this is no longer get create a good deal for you.

Jessica 07:30

Let me talk this out loud really quick. Because I think on normal circumstances, because of the environment that I'm in right now, I would be perfectly fine with doing a lateral move, like with base salary. So if my base is 14565, and I'm like getting out of stressful work environment, and I'm able to keep my salary, nothing changes, more opportunity, title of my dreams, you know, work of my dreams, 100% remote role, right? Like, I'm winning, I'm winning there. But because there's the possibility of me having to pay back 33k and tuition reimbursement, I'm like, I need a signing bonus, just so I don't have to come out of pocket from that. And I'm also losing out on my you know, bonus for the 2020 year by taking the roll on October[d]. So I that's what I feel like should I walk away and wait for something better, but I could be without a settlement package, I could be unemployed, like you know, it's all shoulda, coulda, woulda is and I'm just not sure around that. But I think that's why I also want a higher salary because I'm trying to compensate for the potential of having to pay back the tuition reimbursement, as well as not getting a bonus, not just from the year that I worked, but like the whole year that I would have to perform in this new role. And then a bonus wouldn't happen until the following year. And that's never guaranteed. But I feel confident in achieving those set goals, but it's just... it's not part of your base salary. So, that's what's spiraling in my head at this point.

Scott Anthony Barlow 08:59

So really, that is that 60 something 1000 number that we're talking about...

Jessica 09:04

Correct.

Scott Anthony Barlow 09:04

Or role.

Jessica 09:05

I mean, I know that's a crazy signing bonus. But I'm also like, this is a C suite role and the salary at 130 is just not, see it, like if we do any type of comp analysis, 130 is not what a person of my experience for 15 years[e] to master's degrees, the extent of what the role it's just under. But I also know we're talking about a startup. So I just don't know how flexible I should be. And again, I don't want to leave any money on the table...

Scott Anthony Barlow 09:31

Well, there's multiple different ways to be able to make that happen too, like even if the signing bonus format. If we are able to create that type of same amount in a different way, then I think that's okay, too.

Jessica 09:44

And I'm fine with it being in a different way. Like that's why I kind of built on the equity piece because it's...

Scott Anthony Barlow 09:49

Also smaller. They're scrappier, and I think that's going to be an easier thing for them to do. And we're another... and it also allows you to use the approach of "Hey, here's what I'm looking for. Here's what I'm working with." So I think that part of your conversation after you share them the "Hey, look, I totally feel like this is right for me, I'm really excited about it. Thank you so much." All of those pieces must be there really critical that those pieces are there. And then you go on to say that, "I also want to acknowledge that even though the roles really right, we've got quite a huge gap in between with what I'm looking for overall compensation, including, you know, salary, annual bonus, and equity and those types of things, too. So I'm more than happy to share the details with you about that. And but I want you to know, before we even start talking about that, I want to work this out, because this is really a role that I can, even myself, and I'm really excited about. And I'm really, really want to start working for you sooner. So you're setting the stage, and then from there be able to say so I also think this might require some level of creativity on both our parts, but I'm willing to explore really creative methods. After you get some acknowledgement from them, that's where you can jump in and say, "Well, here's one of the major things I'm concerned about right now, if I walk away from my role, this second, I'm essentially leaving $68,000 on the table." And that comes in two forms, you didn't have to share all the other specifics. This is like a throwaway number in some ways, where we'll just call this the game of negotiation, for lack of a better phrase. I want you to do it authentically and everything like that. However, I also want them to be able to have a way to participate in the game with you in a way that's going to be advantageous for both people. So you need to give them a throwaway number here to start this out. Because this is going to be a really useful number for you because it's very true, it also is something that they can easily understand. Like it's not... I want to make, you know, $300,000 a year, because it sound much concrete that is already in existence that they can't argue with, or you'll feel differently about. So it's a case of "Look, I want you to know that, you know, if I leave my role right now, then I am literally leaving $68,000 on the table. Additionally, you know, as I was looking into this next opportunity, couple of the things I wanted to share with you, you know, as I was talking about, as I was talking to Facebook and had an offer on the table from them, they're offering a 200, and whatever it is $40,000.

Jessica 12:36

Yeah, 260.

Scott Anthony Barlow 12:37

Now I'd much much much prefer to work here, over Facebook, however, and this is a pretty big difference and a pretty big gap, overall. The things that I'm really interested in that might help with, help bridge some of that gap, I'm really interested in equity in the company, especially if I'm acting as the face of the organization. I'm also a learner really interested in professional development. Currently, I have access to those funds, right this very second in my role. And that's something I've liked to be able to work in here where I'm continuing to develop myself. And then another thing that might be really useful for you is I don't necessarily need to have benefits, I don't necessarily need to come off as a standard employee. So if it is advantageous to operate on the 1099, where you don't have to pay benefits for me and some of the other taxes that go along with having an employee, I'm really open to that type of solution in order to make higher levels of compensation and these other areas. Those are a few of my initial thoughts, and I wanted to be really transparent with you, so that you understand where I'm coming from. So here's why, just... you may already know some of this and stop me if it's redundant, or things that you already know. But the reason why I've chosen these few things to focus on versus everything or the laundry list, as it's hard to argue with any of these pieces like...

Jessica 14:04

Agreed.

Scott Anthony Barlow 14:04

Offer from Facebook, they know they've heard of Facebook, like they use Facebook, they understand, you know what that is. And then being able to counter that with like, I don't, I would much prefer to work here than Facebook. This is the role, but also like this is a real thing. And then the 68 like we already talked about, it's really difficult to do that, they're going to be able to understand that.

Jessica 14:28

I will. I know that the offer will get better. That's what's exciting to me, right. And so I don't know how much better so that's the fun part.

Scott Anthony Barlow 14:35

It is fun, right? But there's a lot of upside here.

Scott Anthony Barlow 14:39

Hey, after listening to that coaching session with Jessica, first of all, I just want to mention again that we don't do this all the time, and we had permission from Jessica to be able to share this with everyone. I also want you to hear exactly what happened after this session. Jessica went and did an amazing job having not just one conversationm but series of conversations. And then later on, she sent me this email, I'm gonna read it to you, she said, "Hey, Scott, I wanted to give you an update. They went from a total comp package of 165k to 359k. Wow! wow! wow!" lots of exclamation points, "I'm over the moon right now, and really in shock. They reiterated how I was worth every penny and said, "you can find anyone with technical expertise. But someone with your disposition in DNA is hard to come by. We can't wait for you to join the team and are so glad that we could make this work for us." I can't thank you enough for all your coaching, encouraging support during these last few months[f]. I've landed the role of my dreams along with the comp I wanted and knew that I deserved." Hey, this is something that you can do too, it's duplicatable. I wanted to share this coaching session with you to see how this could be possible. The one thing that is not often not recognized is we didn't necessarily talk about every single element of psychology that was at play here. And we also didn't talk about some of the incentives that were at play. And it's just important to recognize that those things are often in play. And we've already done some of that work beforehand prior to this coaching session. But honestly, you know, that's why I personally always take a partner anytime doing any kind of negotiation, because it helps me pull out of the emotional side and recognize what else is at play, that way I can get to not just something that's good for me. But something that's great for all the parties involved, because that's really what creates the best type of ending situation in a negotiation. It's not one sided. So I really hope that you took that away. And if there's anything that we can do to help, whether it's with your negotiation, or helping you get to the point where you even get an offer that you really actually want in the first place, then don't hesitate to ask, just email me, scott@happentoyourcareer.com. And either myself or my team will get back with you. And we'll figure out how to connect up with you via zoom. And we'll ask you some questions to understand your situation and figure out the very best way that we can support you whether that's one of our programs, whether it's personal coaching, whether it's, you know, something like we did with Jessica, email me, scott@happentoyourcareer.com and put 'Conversation' in the subject line.

Scott Anthony Barlow 17:38

There's so many college graduates that never actually work in their field of study. On the flip side, there are those that are able to capitalize on the years of hard work in college to land a job in their field. But sometimes when they do that the honeymoon phase wears off. And then they start to feel like they were meant to do something else entirely.

Alexandra Carter 17:58

So I went out. I worked as a lawyer for a period of time that I never forgot. And I worked steadily in my off hours to find ways to build my expertise. Until the moment that Columbia hired me back to teach the course that I took as a student. I am one of those unicorns, who wakes up every day and thinks I truly am doing what I was meant to do on this earth.

Scott Anthony Barlow 18:24

That's Alexandra Carter. Alex is a clinical professor of law and is a world renowned negotiation trainer who's helped thousands of people listen to she shares, how to cultivate relationships and identify what really brings you joy. And then learn to apply negotiation skills that help you build a bridge to a role that really actually fits you. Take a listen to Alex, this is such a great episode. I think you'll love it.

Scott Anthony Barlow 18:49

All that and plenty more next week[g] right here on Happen To Your Career. Make sure that you don't miss it. And if you haven't already, click Subscribe on your podcast player so that you can download this podcast in your sleep. And you get it automatically, even the bonus episodes every single week, sometimes multiple times a week. Until next week. Adios. I'm out!

[a][01:21] inaudible @kathy@happentoyourcareer.com

_Assigned to Kathy Wilkes_

[b][01:32] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[c][03:30] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[d][08:15] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[e][09:19] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[f][15:39] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[g][18:51] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

Ready for Career Happiness?

What Career Fits You?

Finally figure out what you should be doing for work

Join our 8-day “Mini-Course” to figure it out. It’s free!

Negotiation: A Tool For Your Successful Career Change

on this episode

The difference between an average career change and a successful career change often lies in the negotiation.

David Sally is an author and award-winning teacher of negotiations with years of business experience. He shares what really makes someone a great negotiator – and it’s not what you think it is.

What you’ll learn

  • David’s journey from being a political science major to teaching negotiations at Cornell University
  • The biggest contributions to becoming a great negotiator
  • The struggles woman have with negotiating (and how to work with/overcome them)

Success Stories

Thank you for guiding me through the negotiation process of asking for a raise. Even in this economy you convinced me to follow through. I also appreciate your thoughts on what I should include in my portfolio; it made the difference in the value added that I was able to present to my supervisor.

Ken Russell, Career Placement Coordinator, United States/Canada

It turned out to be the best fit possible they had all the tools and all the resources. It helped me to approach the job search in a completely different way. It allowed me to put myself out there in a vulnerable way (even in the interviews) and it allowed me to get exactly what I wanted.

One of the most key things we talked about was feeling instead of thinking, I would think all the time, about this and that, I would just take time to feel. That is the key for really understanding where you are supposed to be and what you love.

Kelly , Leadership Recruiter, United States/Canada

David Sally 00:00

But I'm going to keep it in my interior and not necessarily in my exterior. And the very best negotiators are able to do that. Be people who can preserve relationships, their counterparts will come to them again and again to deal with even though they know, the interaction will be great. But ultimately, there's going to be a strong demands coming at them. They know that the tough fair negotiator will tell them 'no', might tell them no in a really nice way., but it will be clear what the limits are.

Introduction 00:34

This is the Happen To Your Career podcast, with Scott Anthony Barlow. We help you stop doing work that doesn't fit you, figure out what does and make it happen. We help you define the work that's unapologetically you, and then go get it. If you're ready to make a change, keep listening. Here's Scott. Here's Scott. Here's Scott.

Scott Anthony Barlow 00:58

Negotiation is one of my very favorite things. I know that makes me weird. I'm totally okay with that. However, what I found is the difference between an average career change and a very, very successful career change often lies in the negotiation.

David Sally 01:15

Part of that is just the way our minds are wired for important decisions and negotiation. You know, negotiating a job offers is somehow no different than retirement savings and that level but it's also people don't know what to do to prepare.

Scott Anthony Barlow 01:31

That's David Sally. He's an award winning teacher of negotiations with many years of business experience, but he's also an author of a really wonderful book on negotiation called "One Step Ahead". He shares what makes someone a really great negotiator. And guess what? It's probably not what you think.

David Sally 01:51

It probably begins with my first job out of college, I was a political science major, undergraduate, and like a lot of young people coming out, especially back in the day, so we're talking fully admit my age, we're talking the early 1980s[a]. I was headed to law school without any clue of what it meant to be a lawyer. It's just a lot of political science majors that I would go to, you know, I'd like to college, I'd like studying, I'd like the classroom, I'll just go off to law school. And I realized, I came to this somehow, not so blinding insight that when you're headed off on a whole path without really having experienced much of the world. I grew up in Chicago as the oldest of three sons of two academics. So we were... I was, you know, I grew up in a family where the... we had a blackboard in the dining room, that's how nerdy of a family I grew up. And I realized, you know, I don't know anything about the world, why am I headed off to law school? So I went and decided, well, no, I'm going to, I will still follow through, but I'll defer any kind of acceptance. And I'm going to go out and work in the world. And I was lucky enough to get a job at Bain & Company, the corporate strategy business, and their headquarters in Boston. They were still a small to medium sized firm at the time. And I had a blast for three years there[b]. And I realized, I really loved doing strategy, and that kind of work and working with a variety of interesting businesses and very intense level of work. But I knew that, my wife and I, and we were a serious couple at the time that we were going to have kids, I knew we wanted to have kids, we wanted to, and I knew I didn't want to travel two and three days every week while having kids. So I thought I could keep doing this for a while because we were still a year away from getting married. And we were certainly going to be a few years away from having our first kid. And I said, you know, "If I know I'm going to leave, at some point in the next three to five years[c], why not get started now?" Because I had made the decision that I was going to re-enter the "family business", which was academia. So I left Bain & Company to go get my PhD at University of Chicago, in economics, not in political science. I thought that economics was a good field for me to combine my basic what now was three years[d] of business experience with some of the issues that I thought were important to me from my undergraduate studies. And while the University of Chicago I got interested in what was then we're talking now, the mid 1980s[e], the new subfield of behavioral economics started by Danny Kahneman, who's become famous for his thinking fast and thinking slow and also famous because he won the Nobel Prize for it.

Scott Anthony Barlow 04:43

There's that.

David Sally 04:44

Yeah, there's that. Yeah. And I realized I was never really fully an economist. I'm really more of a broader social scientist, and I'm interested in ideas that cross disciplinary boundaries. And so that's what I wanted to do work somewhere in the space that connected economic ideas of people maximizing their utility and trying to pursue their self interest with the social psychology ideas that people don't always think clearly about what their options are. And this is a topic obviously, that you spend a lot of time on. When people think about their career choices and things like that, it turns out, well, economists assumed automatically that the more important that decision, the more rational people will be. Right? It was orthodox economists would say, okay, we agree that people don't buy a gallon of milk purely rationally every time. But when it comes to big dollar things, or things that impact their life, you know, their well being, well, they will think it through, they'll make option charts, they will draw tree diagrams, figure out everything, and they will really hone in on maximizing and turns out now, that's actually, they're probably... consumers are probably better at picking out the best value for a gallon of milk than they are about thinking about big issues like career choices, or where to put, where to invest their retirement savings and things like that. So those were the kinds of issues that got me interested.

Scott Anthony Barlow 06:15

Yeah. To support that, I saw a funny statistic that was pulled from a broader study, but it paired up the amount of time on average Americans spend shopping for a TV or a computer, versus the amount of time spent on deciding a career change, or also had some investing into retirement, any number of other things, I had all of these things that were absurd. The TV one over every time or the computer went over every time to a ridiculous level. So I absolutely love the crossing of interdisciplinary ideas, concepts, experiences. So I think that's one of the reasons I appreciated the book so much, and how you put together one step ahead. However, before we go down that road, I really wanted to ask you, you mentioned when you were considering going to law school, you somehow had the foresight to say, "Hey, I need to get some real world experience." And then later on too, as you were deciding, hey, do I stay for another couple of years anticipating that years in the future, potentially years in the future, you were going to have children be married those types of things, and it would no longer line up. And then you said, "Hey, why not do this now versus later?" So I'm super curious about that. Because that's not the normal path. And I love it. Not just because it's not the normal path. But I'm super curious, what led you to those? What was behind that? Because it wasn't a normal set of decisions.

David Sally 07:50

Yeah, that's a good question. And there, and like you said, there are two different decisions. We need to unpack them both. And then I have to, after we do that, I need to go to a third confession, which I think is also very relevant for you and this podcasts about the way that life works. I think the law school thing was easy, because it was so, as much as I say, I'm not an economist, I just think I'm a really enlightened economist. I mean, this is part of why I like it. I understand economists, the whole point of behavioral economics was economists don't seem to understand humans very well. You know, they got good models of markets and certain markets, but not all markets. But, wow, they really don't seem to understand how human beings really tick. And I think one of the qualities, one of the things that I aand we could source this back to having read ridiculous amounts of novels when I was a kid or just having an, I think I've always been a very empathetic person. I understand how other people are thinking, I think it was part of the reason I was really good consultantt. I could go down to I was the most baby faced 22 year old working at Bain & Company looked like I was 14 and one of our clients was down in the oil field in Louisiana. And I was solely responsible for, he was the general manager of oilfield services company, is a grizzled, caging guy who must have been like, he looked like 60 years older than me, but he wasn't 40 years older than me, and he had been in the business for a year. And here I am looking like I'm 12. And I'm gonna, you know, I'm supposed to advise him and help him, well, you know, if you kind of understand how people tick If you value their words, if you can get inside their heads a little bit and are very adaptable. And that's, of course, a big theme of one step ahead. It's how do you develop those capabilities? So I think I've always had that ability to identify with other people. And that sort of has been a quality. So I guess, in some sense, I do that with my own brain when I think through, okay, what are really the options that I had at the time when I said okay, I can defer law school or I did really well, I did well on my grades I did well on the LSATs, that option sitting there anytime I want to pull that, but what's not going to be sitting there is the chance to do an internship or be, you know, come out of college, in the regular college recruiting cycle and being able to, at that time especially go through that. So I thought, oh, well, that's a pretty easy decision, because I'm kind of doing I'm recognizing my own decision making. And again, this is a big theme that I want all the listeners to think about that not only in negotiations, but in career decision making you want them, the most advanced people, the smartest people are able to both be making the decision and monitoring what they're actually using to make the decision at the same time. So let's bring it to the world of negotiations. I'm actually bargaining, I'm making an offer, but I'm seeing and I'm monitoring myself my own speech, but I'm also monitoring how my counterpart is thinking about things. So I think I'm good at that. And I realized, you know, you're kind of doing this as a default. Why are you doing this? You can defer. So that's the law school decision, the Bain decision to leave early was honestly, there were some, I was really good at it. There were some frustrations for me at the firm, the firm I was at, and I think this is very again, might be relevant to some of the folks that are listening to the podcast, Bain had changed from a small firm to a medium large firm, and the character of the corporate culture had changed was you could see that it had changed, and it was going to continue to change. So when I first joined, we were in the Fanueil Hall Warehouse in Boston, that was the main headquarters. And I could walk, you could walk down one hallway. And you could walk by all four founders offices, I could see everybody in the firm and a five minute walk down a long warehouse hallway and everybody's office, it's all open plan. And so really small firm and the nature of the firm, it became so successful, it grew 35% every year[f] that I was there that by the final year, when I was making this decision to leave, the people that were attracted to Bain had moved from being very risk taking entrepreneurial types, because it was a startup kind of firm to blue chip kind of candidates who were different people and different people to work with than originally. So I kind of saw that I was less happy there than I was at the beginning and I could kind of forecast where it was going. And you know, it just worked out in the timing of my personal life that my wife and I were getting married, she was going off to medical school thought, well, if I'm going to pull the parachute, I'll pull it now and go to graduate school. Yeah, go get my degree in economics. Now, here's the console. That's the two decisions that I think I impact. Here's the confession, I thought what I wanted to do was to be, and some of the listeners may know this name, Michael Porter, especially in the 1980s and 1990s, as a Harvard Business School professor of strategy, and he was the number one writer in corporate strategy at the time, and his books are still, you know, invaluable books. And he had a sweet ass life. He wrote best selling books, he consulted for Fortune 500 companies at probably ridiculously hourly rates, thought a little bit. I thought, you know, what I want to do is be a poor man's Michael Porter, you know, I want to do some strategy research, I'll write some journal articles, I get my PhD and I will have a little consulting business on the side. And let's be realistic, I won't be Michael Porter, but there's room in the market for you know, some other people below his umbrella or doing something, you know, a smaller niche play. And then for reasons, mainly because I had grown up in Chicago, I thought, well, I applied to a number of different programs. But I thought I got into University of Chicago, the Business School PhD program, I thought, well, go back to Chicago. I love Chicago, but it is maybe the single worst place to go, if you want to become Michael Porter, like a Harvard Business School Professor like, with consulting business. University of Chicago is way too serious about economics and the kind of pure academic pursuit. It's the worst possible, I should have gone to Harvard Business School, but I went to Chicago. And then as we talked about earlier, not only did I go to Chicago, which wasn't the right place to go, but then I ended up getting hooked on behavioral economics, which is not gonna lead to doing Michael Porter life. It's gonna be...

Scott Anthony Barlow 14:40

That's two strikes Michael Porter life.

David Sally 14:44

I know. I don't, either, yeah, but it just... I got hooked on behavioral economics. I said no, these are the, you know, as you described, you know, this is the intersection that I want to kind of play around within for a few years[g]. So the best laid plans I guess, which is some story, I'm sure you've heard many, many times, Scott.

Scott Anthony Barlow 15:02

Best laid plans. Yes about that. I feel like we could have an eight hour discussion just on that alone. However, I am really curious about, what took place between then and now? Somehow, somewhere, those best laid plans went awry. And then you began to have an interest as a relates to the, well, I'm going to call it the art and science of negotiation. How did that come about?

David Sally 15:31

That came about because one thing that behavioral economists can teach really well, so I got my PhD, and I got my first teaching job, research job at Cornell University at the business school. And one thing that business schools teach and teach very well is negotiations. And so I was offered the chance my first year[h] to begin teaching negotiations. And I thought, as well as I taught a core class in general management. And I think that the thinking in negotiations was, I have a bunch of real world business experience. And I have behavioral economics, which is a nice disciplinary to the art and science of it is the science part of negotiation. So I started teaching negotiations, and it's honestly, it may be the best, let's keep this confidential between us, it may be the single best teaching gig in a business school, because there's not a single student who walks into the class thinking that they don't want to be there, they know they're kind of negotiate for the rest of their career, they know that it's a class that they are really eager to take. It's also a super fun class, because every week, the way that I teach it, and the way that most people teach it, you are in a simulated negotiation. And you might be an owner of a house, you might be an HR manager interviewing different candidates, negotiating a job offer, all kinds of situations that we put the students in, ranging from very straightforward, simple, one off purchase of an item to very complex diplomatic kind of situations. So the class always combines this experiential element of actually having done in negotiation, we do that in the first part. And then we come back and show everybody that results, some people did really well, some people do poorly. And we spend the next amount of class time trying to unpack why that is. So I had to make myself smart about the negotiation literature in terms of the academic side of things in order to teach the class. And as I did that, and so we're talking about 1995 or so when I started teaching it, I began to get my own ideas about some things that I thought were done correctly in the literature and some enhancements that could be there. And just got really fluent in the research, much of which is done in psychology labs, or business school laboratories, I'm just kind of judgment and decision making. But there's a whole stream of negotiation researchers and I got to know that literature really well and saw some things that some ideas that I thought could add to it. And I began to bring those into the classroom. And in fact, this book, "One Step Ahead", I had started. So I talked for about a decade at Cornell, and then the last number of years at Dartmouth Tuck School of Business. I began about 10 years, actually 12 years ago[i]], in the wrap up class to begin to do what is in the book, some of the data and finding some of the ideas about how to be tough and fair, how to be sophisticated, those began to filter into my kind of wrap up class for the quarter. And it became a book.

Scott Anthony Barlow 18:50

One of the things that you just mentioned, you mentioned the ideas about how to be tough, or how to be fair. And I think that the toughness part is something that is different, or stood out to me compared to much of what the literature and also research is out there. And you dug deeper into that than what I've seen in other places. And it initially stood out to me because one of the things that I heard you say and I think you've also written is something to the effect of good people need to be able to negotiate with toughness, otherwise bad people always win. And that, to be honest, that statement actually hit me badly. First, because I'm like, hold on, what does he mean by toughness? And what about bad people versus good people? Like those are the things that into my brain, but as I kept going in your book, you start to really define what you mean when you say toughness. And I'm wondering if you could shed a little bit of light on that now for all of our listeners, first of all, because I found this very useful is to begin to unpack what does toughness actually mean and what role does it play as it relates to, not just negotiations but interactions as well leading up to negotiate. So what do you mean when you say toughness, first of all?

David Sally 20:02

Yeah. Well, I think you put your finger on a really important point, which is, I think, depending on the culture we come from, and for those of us coming from the US, we hear the word toughness, and we think a red face angry muscle man, that's toughness, right? That's we have this very male centric exterior version of what we think that characteristic is. And it may go back to western movies, and John Wayne, and you know, the PhD dissertations in English literature, I'm sure have been written on this. But for me, the single finding that comes out, so part of what I share with readers is that version of toughness makes it seem like, okay, I understand how that could be helpful. I've seen people operate like that in the business world or in other parts of my life. And sometimes that seems to go pretty well form, I profile in the book, Sam Zell, the billionaire real estate investor in Chicago, who fancies himself the grave dancer, he nicknamed himself and he is this version of toughness is very exterior and very apparent. And I think when people feel the see that version of toughness, you said, "Well, that's going to crowd out every positive quality that I want, as a person, as a business person, as just a human being, it's going to be... I can't do that." So in my classroom, I take... I actually, let me step back for just a sec, I'm going to come to the toughness, the data. So I actually part of how I make this very real for the students is their grades dependent on how good of a contract they sign. So they get evaluated every week on what kind of deal they made. And we soften an oval a little bit by dropping, you know, if they have a really disastrous one, the two lowest outcomes are dropped. And I won't go through all the details, but I basically get a performance score over the entire quarter. Or if I'm teaching corporate executives over a week long executive program. So I have a performance measure that says, "Okay, this person did 10, or 12, different deals, and pretty consistently, they came above average." And so when you total that up, that becomes a really high performing negotiator. And I see on the other end, obviously, some low performing people. After every negotiation, and this is a tool that's used by other business school professors, counterparts rate each other on personal qualities. Were you a good communicator? Were you fair? Were you a rational? Were you emotional? Were you tough? And so at the end of the quarter, and in the book, "One Step Ahead", I can say, okay, what's your mental model of what it means to be a really great negotiator? How important is it to be prepared, to be tough, to be creative? And people have different mental models, it tends to be in the main way that people are correct with their mental models is they think preparation is important, creativity is important and good communication is important. All true. They also have some doubts about toughness, some people think it's really great. Other people think, "Oh, no, that's going to really hurt you." Most business school executives, and many, many executives also think it's really important to be fair, to be seen as fair, it's good for relationships, it's good like that. And the data reveals that the single most important quality is to be tough, is to be seen and be perceived as tough. And you say, "Okay, wow, this is a dismal view of life." Again, if we're thinking about toughness as this kind of macho, horrible person to deal with. But the kicker comes, especially for the students who have been together for an entire quarter, 10 weeks[j] when I say, "Oh, well, let me show you five of your peers in the classroom who manage not only to be seen as the most tough people in the class, but also the most fair, and indeed, every year, there are a handful of people who are seen as very fair and very tough. Well, how can that be? Well, it can only be if we're wrong about the surface understanding of what toughness really is, it's not creating interpersonal conflict, there are ways to signal toughness to the other side where it's much more of an interior quality where you can be fluid and accommodating and easy to deal with on the outside. But toughness is really an interior quality and this is now we're getting back to sort of the way I think about toughness, I think about it as and these are great qualities when you're thinking about changing career or pursuing a career. It's about perseverance. It's about having goals. It's about being dedicated. It's being willing to say no when you have to say no, that you will draw and an image in the book is to think of the relationship of toughness and fairness are the sophisticated negotiator, as an ancient Chinese coin, which we've all seen at one time, or another, which is a round coin, only punched out of the middle was a square. And that was because the Chinese used to carry it around on a string their coins. So this idea is toughness is the square and the insight, it's sharp, it's no, it's the willingness to say, no, it's perseverance, its integrity. But the outside is round, it's fluid, you're accommodating, you say, "Yes, I can, I will talk with you with my counterpart about anything you want to talk about. But ultimately, in my interior, I have goals, I have objectives, and I have aggression in there. But I'm going to keep it in my interior and not necessarily in my exterior." And that's what I think these, the very best negotiators are able to do that be people who can preserve relationships, their counterparts will come to them again and again to deal with even though they know the interaction will be great. But ultimately, there's going to be a strong demands coming at them. They know that the tough fair negotiator will tell them no, might tell them no in a really nice way. But it will be clear what the limits are. That is the version of toughness as being much more about interior qualities than external performance kind of getting red in the face, or anger or macho stuff.

Scott Anthony Barlow 26:26

That is, I believe, and I found it to be a much more useful, helpful, functionally, well useful and helpful functionally as a way to not just negotiate, but also I would say influence as well. And what I'm curious about is how we can take those ideas, the idea of toughness, the idea of fairness, the idea of that's not a dichotomy, necessarily, that is actually something that can coexist when you have different definitions or boxes drawn around what those actually are. So how can we take those ideas? And how can we use them? We take like a real situation that we have somebody going through right now where they are in the, I would say beginning stages, what I would call the beginning stages of a job offer negotiation and for the sake of protecting the innocent and not so innocent, let's go ahead and just call this person "Ruth". Ruth sounds like a great name. But anyhow, Ruth right now is at the place where she is anticipating a job offer, that's probably likely to happen in the next two weeks[k] here. And right then and there is a great point because that's where we can begin to use some of these concepts functionally. So take me through this idea as Ruth goes through her different stages of bargaining and negotiating as a relates to a job offer, how might she bring in some of these ideas for toughness, fairness, and everything else we've talked about up till now?

David Sally 28:03

It's a great question. And it's one that I'm... when I'm teaching both MBAs and executive. One of the main reasons people take a negotiation classes is to be able to ask the professor this question, you know, I'm going through a job offer.

Scott Anthony Barlow 28:16

Not here for the class, but I do anticipate... sometime in this quarter.

David Sally 28:21

I want to bump up my salary. Yeah.

Scott Anthony Barlow 28:23

Can I schedule my office time now?

David Sally 28:25

Yeah, exactly. Definitely. No, the first class, never by the office hours, at the end of first class, we're at an up "Hey, do you mind if I come by to your office and talk to you about it?" And it's totally, totally fair. So I'm going to give let's deal with Ruth situation, I'm going to give some of my generic advice and see if we can work it into the kind of round on the outside and square on the inside.

Scott Anthony Barlow 28:45

Perfect.

David Sally 28:46

So round on the outside for me, one of the main things, I heard a couple points. One is the job offer negotiation is you are already a pseudo employee or pseudo independent contractor with the organization you're talking about with, you're already being evaluated. And if you think you're not, you're sadly mistaken. So therefore, the accommodating the roundness part is to be hyper aware of that fact. And then they use vocabulary and ideas that have currency within the organization that you're talking with. So let me give you two examples that I can think of in my own past where I've counseled students. So I might have students who are eager to do what I did back in the day with a strategy consulting firm, that kind of firm is analytical data driven. So therefore, if I'm going to negotiate with them, I want to negotiate on facts, evidence, numbers, tables, spreadsheets, I want to show them that I can gather the relevant data that I can parse it through that I can say, "Hey, here's what my peers have, you know, here's the average starting salary for people who are like me, here's my data, I'll share it with you completely. Here's how I've crunched it and made it, I'm not kind of throw a US spreadsheet with, I'm going to show you that I'm already a consultant that I'm going to, I might put it in a chart, I'm going to think about the language and the ways whatever clues I have in terms of how they would communicate it." A marketing, let's say, it's more of a marketing or sales job, similar kind of thing. I want to be negotiating with the language and the style and the culture that's relevant for them and making my... so then I'm probably more in whatever it means to pitch in that particular company, in that particular work, then I'm pitching myself, okay, what does it mean to pitch yourself, especially pitch yourself to a particular organization, there are clues that you can gather from your the interactions that you've had from some research. So that's the way I would think about the roundness of kind of adapting the fluidity to work with the counterpart that you're dealing with in a way that, as you said, totally correctly, this is negotiation is influence, I'm not trying to change the way they're or hopefully confirmed the way they're thinking about me how awesome I am, right? This squareness comes to, there are basic economic realities. If poor Ruth is negotiating a job right now, with unemployment at the level set it is, it just on a macro economic level, leverage is going to be limited. So you've got to be... that is the square part, that is kind of seeing life clearly north south. But so the Chinese when they had this image, the Emperor set in a square in the middle and could see clearly north, south, east, west. That's part of what you do in the square, I have my dreams and my ideals. But I'm looking clearly north, south, east, west. And if I'm negotiating a job right now, with unemployment at 15%, plus, and if I don't have another offer in hand, then I want to be extra careful, I want to see clearly how much leverage I really have in a situation. In other situations I want to not be afraid of when they do have leverage. And I see north south east west that I am the number one candidate or they've already committed to me, then I want to make sure that I leverage that. And that's toughness. That's like seeing things clearly. And being willing to have there's a courage to the interior part of toughness, that I think people who were exterior tough are ultimately cowards, and I can think of one in Washington, DC. And I can think of a number of other people whose external toughness is ultimately cowardice because they don't have the interior courage to be willing to risk. So I think there's a bit of courage even when you don't have leverage, there are ways to ask for more, a higher salary, in a way and this is where the toughness combines with the roundness to do it in a way that communicates what is fair or whatever levers, you have to say, No, you need to pay me more money than you are currently offering. But do it in a way that allows as tough as possible while still working with the counterpart.

Scott Anthony Barlow 33:11

I think that's so wonderful. And I appreciate you pointing out how you must be sensitive and aware of what are the situations that you're in, and you use the example of, hey, in a consulting business versus I'm in a sales type role versus any other situation, everyone is going to be slightly different. And there's going to be different, I'm just going to call them levers and buttons for lack of a better phrase that they are more likely to respond to based on, you know, what they're used to. That said, how can we do some of that? You know, I heard you say just a moment ago, there's ways to do this. What would be some examples when we can either keep going within those couple environments?

David Sally 33:53

Yeah, no, that's great. That's great, because especially you did a great job because we're helping Ruth. So I'm going to assume for the sake of argument that to her counterpart, Ruth is seen as a woman. Okay. We know some specific problems that women encounter in negotiations for being tough. And there's a whole chapter in the book in which I describe some of the research on gender and negotiations and the advantages and the disadvantages of being a woman while negotiating. And a slight aside, the central character is one of my favorite in the book, a woman, a white Mississippi housewife in 1949, who Lillian MacMurray, who started trumpet Records, which became for a few years one of the main record labels for gospel music, r&b and country music. She was a real pioneer and it's super fascinating person. So what can Ruth do, Ruth faces a problem that many women do which is no surprise for the listeners, it is that much harder to be tough to be seen as tough as a woman. It's got all kinds of stereotype issues and feedback issues. You're not just tough, you're witch, right. Two specific tactics in the book that seemed to work and let me admit it the outset, it stinks that life is like this right now. But let's deal with the reality of this, the fact that there is gender bias, and there is a stereotype. So how do you get around it? There's a law professor at Marquette University who has labeled the first tactic, the mother bear Grizzly exception. So women, and this is all based on real world research, women are allowed to be tough if it's not for themselves, but for another, hence the mother bear exception. So part of what you can do is, if I am a need to be tougher in a negotiation, I find a way to say I'm doing this because I've got a family to feed because I have people depending on me, I'm using words and images to signal that I'm doing this because I am a mother bear and not for myself, because both men and women counterparts and it's not just male counterparts, it's also women counterparts will be more judgmental, and will activate stronger stereotypes against a woman who is negotiating for solely for herself than without this kind of mother bear exception. So in the book, and and I share this advice with, again, with Andrew Snyder, who's the professor at Marquette, invent a client. If you don't have a client, and this can be a way to generate internal toughness for the negotiator as well that I am doing this on behalf of my future self, on behalf of my partner, on behalf of my kids, on behalf of my department, when I am a leader in an organization or on behalf of my organization, that there is a way for many women negotiators to generate that toughness. So that's the first thing, the mother bear exception. The second tactic is called relational account. So it goes back to the same thing that in our society, women aren't allowed to be seen as tough. So that relational account says a woman can be an effective, tough negotiator if they give an account that their boss or mentor has told them that this is the right tactic, this is what they should be doing. So that is the relational account, they're going to weave a story about how somebody else told them that this was the right thing to do. So I can tell all the listeners out there by one step ahead and say that "David Sally totally that this is how it's supposed to negotiate." This is and honestly joking aside, I tell my students this too, that you're in my class, you've learned this, my professor told me, I have to ask for more. Because if I don't, I'm engaging in malpractice, on my own behalf. So use relations. So women can use relational accounts, whether it's advice that they say they got from a mentor from a trusted source to say this, I didn't want to do that. I didn't want to come back and ask for a bump and pay of 25%. But my mentor slash professors slash trusted advisor, whatever it is said that I have to do it. This is what I have to, he advise me that I have to do this. So that's kind of the nitty gritty of how the extra challenges that Ruth is going to have in this world just because of the female stereotype.

Scott Anthony Barlow 38:39

On a totally, well related note, but slightly different direction. So I think, you know what you said earlier, just acknowledging the fact that that's screwed up in, I think were the words that you were used earlier, that that is what it is right now. And well, I want to be cognizant of both sides in that, that is what it is right now. I'm also curious what your opinion, just, you know, I have a 12 year old daughter, I would love to see some of those stereotypes change over time. I'm just curious. what your opinion is of, what do you think it'll take to change that? I don't really related to as much as the to the topic exactly. But I'm just curious.

David Sally 39:19

I have my youngest, is a 25 year old young woman who, yeah, look, and I think that I'm not sure I'm qualified to answer what's gonna... I mean I think the answer is representation. The answer is more women in running organizations. The answer is having a woman be president, having a woman more women as CEOs, more... it's just representation, I mean, I think is a fairly enlightened, I've always fancied myself as an enlightened male, and I'm Father daughter, but I realized that I think it's slowly seeping into our male brains that we talk over women in meetings and I'm guilty of that and I'm being and what I'm calling in the classroom and allowing a student to blather on or not, I want to make sure that it's not gender based, you know, I don't want to let the male students blather on because they're guys and making sure that all the kind of pathologies of women not getting credit for the ideas that they generate in meetings. So I'm trying to do my own little part, but honestly, in a macro sense, it's just got to be representation. And I hope, you know, my other small contribution is I honestly believe that the secret of one step ahead as a book is it's actually written for women. And the beautiful thing is this, I think women have a harder time being average negotiators think they have an easier time being great negotiators. I think these qualities that we talked about, about toughness being more interior, and about an adaptive bill, about being more naturally cognizant of the social intricacies and complexities, which is this outer fluidity and the ability to operate in the world, those tend to be more female traits in our society, honestly, than male traits, I think men to be great negotiators have more to overcome than most women do. I think that women are starting with a big advantage in terms of the fact that they have most of their character, the way that they would think of themselves as tough tend to be interior qualities to begin with, whether it's through self image, or just the messages that they're getting from the larger society. So you know, one of the most interesting experiments in negotiations on gender is this, the participants were divided into two groups, one group was told that there's been research and this was made up, there was been research done that said, male quality, that they weren't labeled male qualities, but they were being assertive. Being firm, maybe even being a little angry, is good for negotiating, the other group was told. And in that setting, women underperformed as negotiators, the second setting was the both men and women participants were told, the best quality, research has shown that the best qualities of a negotiator our ability to listen, and ability to adapt to what the counterparts interests are, all things ever generally label female kinds of qualities in that setting, women outperformed men. And the hidden message of one step ahead is that research, even though it was kind of a little made up is actually right. Female qualities are in fact that they these female qualities of interior toughness, perseverance, willingness to say no, integrity, etc, etc. That is what it takes to be a sophisticated advanced negotiator.

Scott Anthony Barlow 42:50

I appreciate you sharing. And I have one parting question just for all of our listeners, as they are going into, not just job offer negotiations, but as they are wanting to become better at negotiation bargaining influencing, what advice would you give them?

David Sally 43:11

First I have to fix gender and society.

Scott Anthony Barlow 43:14

And I know you've got. There's no small task here.

David Sally 43:17

Yeah, I think that probably there's two big flaws that I think people under prepare for the negotiations, you should spend more time that we talked about early on about the amount of time that people spend shopping for a TV versus something. Same thing with negotiations, people don't spend enough time, spend more time and in the book, part of the reason I think part of that is is just the way our minds are wired for important decisions and negotiation, you know, negotiating a job offers is somehow no different than retirement savings and that level, but it's also people don't know what to do to prepare. And there's a whole chapter in the book that lays gives people a checklist form. And it's the form that I train my students to use and think about this element. You know, what are your interests? What are your goals? What are you do this, do that? And the fascinating thing is, it has two blank columns. So it's got issues like what are the issues in the negotiation? What are your interests? What are your goals, and then it has to blank columns. And early on, students will say, "Well, why are there two blank columns? Because I can fill it out for myself. But what should I put in that other column?" I said, "Well, how many people are in this negotiation? You know, are there... is it just you? Are you negotiating engine? No." There's a counterpart and many people, not all people, many people don't realize that they avoid thinking through stepping into the other side shoes and thinking through what are they trying to achieve, where are they coming from? So I'd say that's the other big advice is take to spend more time prepping yourself, but part of that preparation is force yourself, if you don't naturally think this way, and some economists do, and some negotiators do automatically and these are, you know, great salesmen do all the time. Right? Great salespeople are thinking through the customers mindset all the time. But not all of us are like that. In fact, I think in the book, who would something like 60% of us are not naturally that way. So force yourself to wait, okay, what do I know about the person I'm negotiating with? What are their interests? Where are they coming from? What offers are they likely to? What kind of language are they likely to use and force yourself to go through that, and you'll be amazed both that you can pull clues and figure some things out. And you'll feel that the whole point of preparation is just like an actor, you're ready to improvise, you know what you're doing, you've thought it through. And when you hear a line from the other side, you are able to react in real time to it. And that's part of being super effective.

Scott Anthony Barlow 46:00

I love it. And I appreciate you taking the time and making the time there's been a super fun conversation. So I appreciate that as well. Where can people who want to learn more about you or get the book, where can they go to be able to do those things?

David Sally 46:14

You can get "One Step Ahead" on amazon.com, at your local bookshop, now that they're reopening and about me, I'm on Twitter a little bit, it's gonna have a little harder time finding out about me.

Scott Anthony Barlow 46:29

Hey, many of the stories that you've heard on the podcast are from listeners that have decided that they wanted to take action, and taking the first step of having a conversation with our team to try and figure out how we can help. And if you want to implement what you have heard, and you want to completely change your life and your career, then let's figure out how we can help. So here's what I would suggest. Just open your phone right now and open your email app. And I'm going to give you my personal email address: scott@happentoyourcareer.com just email me and put 'Conversation' in the subject line. And then when you do that, I'll introduce you to the right person on our team. And you can have a conversation with us. We'll try and understand your goals and what you want to accomplish in your career no matter where you're at. And we can figure out the very best way that we can help you and your situation. So open up right now and send me an email with 'Conversation' in the subject line. scott@happentoyourcareer.com

Scott Anthony Barlow 47:38

Okay, here's a story we hear all the time, you did the work, identified what you wanted, found a role with an organization that you want to join, you got through all the interviews, you met everybody, organization was a fit, you nailed it, you got an offer. Except that the offers not quite everything that you're hoping for. Maybe the salaries not quite meeting your expectations. Or maybe it's half the amount of vacation time that you've grown accustomed to. Maybe it doesn't have all the leadership or mentorship capacities that you're interested in, maybe the role itself needs to be modified.

48:12

I mean, I know that's a crazy signing bonus. But I'm also like, this is a C suite role and the salary at 130 is just not, see it, like if we do any type of comp analysis, 130 is not what a person of my experience for 15 years[l] to master's degrees, the extent of what the role it's just under. But I also know we're talking about a startup. So I just don't know how flexible I should be. And again, I don't want to leave any money on the table..

Scott Anthony Barlow 48:38

Look, when you get to this situation, I understand the stakes are high. You want to negotiate your offer, you also don't want to blow it. So how do you tell this organization? The same organization that you just spent so much time and effort going through the interview process, meeting all the people, determining that it actually is a fit, they finally made this offer, it's your ideal role but, guess what? You need more. And how do you not offend them, by the way? How do you avoid sounding greedy or like you're going to be difficult to work with? These all sound like problems, it's not a great way to start off. However, there absolutely is not one way but multiple ways. So today on the podcast, we don't normally do this but I'm actually sharing with you a recording of a coaching session with one of our clients where we help her negotiate an offer but get this, she not only ended up accepting the offer, but raised her total comp package from 165k, to not 175k not 185k.. 359k. Right. Okay. Hang tight to hear exactly how we did that. All that and plenty more next week[m] right here on Happen To Your Career. Make sure that you don't miss it. And if you haven't already, click Subscribe on your podcast player so that you can download this podcast in your sleep, and you get it automatically. Even the bonus episodes every single week, sometimes multiple times a week. Until, next week. Adios. I'm out!

[a][02:08] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[b][03:13] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[c][03:55] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[d][04:17] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[e][04:30] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[f][12:06] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[g][14:56] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[h][15:51] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[i][18:31 @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[j][23:48] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[k][27:37] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[l][48:26] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

[m][49:52] @joshua@happentoyourcareer.com

_Assigned to Joshua Rivers_

Ready for Career Happiness?

What Career Fits You?

Finally figure out what you should be doing for work

Join our 8-day “Mini-Course” to figure it out. It’s free!

Should I Quit My Job? (How to Know if it’s Ok)

Imagine this scene: you’re driving to the office, and you feel your stomach tighten up.

It’s not like butterflies, it’s more like anxious nerves starting to kick into high gear.

You park, hesitate for a moment in the car before walking up to the building, sigh, and wonder to yourself, “Do I really *have* to today?”

But if you’re anything like the thousands of people we’ve helped, there’s a part of your brain that probably also pipes up and says: “Appreciate what you have! This is a stable job with good benefits, is impressive to other people, and gives you vacation and sick leave. And leaving would have huge consequences on your family, your mortgage payments…what would you even do instead?”

Or, even more scary: “What if I change jobs and it’s worse?”

It makes it really painful to start to answer the question: Should I Quit My Job?

But it doesn’t have to be.

Here are four questions to help you weigh the Pros and Cons of quitting your job — versus some of the possible potential upside of staying.

NAIL DOWN YOUR “WHY” TO FIGURE OUT THE HOW

The first question to answer is the most important: why do I want to leave in the first place? What is driving my decision?

Don’t skate past this question; this is deeper than it seems on first blush.

To get to the bottom of it, write out every single reason, petty or gigantic, that’s motivating your desire to leave. Give yourself 10 minutes of uninterrupted time where your pen never leaves the paper to get them all out of your brain.

Then, take a look at what you’re feeling and thinking. Look for big trends, and look for the reasons that feel particularly emotionally charged.

When you have perspective and can evaluate your reasons outside of your brain, are you wanting to leave because you’re running away from something?

POTENTIALLY RUNNING AWAY = My coworker drives me crazy. I work insane hours. I got demoralizing feedback on a recent project. I didn’t get a big enough raise this last promotion cycle. My manager and I have communication issues.

Running away from setting boundaries or asking for what you truly want can mean that the next job you run into will have the same old baggage and negative behavior patterns, so you’re right to worry about whether it will be an upgrade. If you’re getting the sense you might be running away from a role and haven’t exhausted your options to make the situation better, check out our recent podcast with Melody Wilding on harnessing powerful emotions to set strong boundaries at work.

PROBABLY RUNNING TOWARD = I want to learn a new skill that I can’t find here. I’ve tried to get chances to do an internal pivot onto a new project, but have all been unsupported. This organization no longer aligns with my values. My manager isn’t championing me internally, so I’m less effective here. I’m ready to move to a new state, and can’t transfer with this organization.

However, if you can look at your list of reasons to leave and see that you’ve done everything in your power to make it work for you — and it won’t — it’s great to see why you need to leave outlined so explicitly. You now have a motivational manifesto as to why it’s time to quit and move on.

GET YOUR FINANCES IN ORDER TO MAKE IT HAPPEN – FAST.  

The second question to consider if you know quitting is the right move for you is: do I have the “runway” to do it now?

“Runway” means: do you have the savings in the bank to allow for you to be okay if you don’t get another job right away?

Here’s how you calculate your current financial runway: log into each of your bank accounts, and add up all the cash you have available to you in your checking and savings accounts. Look at your investments and add the value of the ones that are easier to liquefy and get out if needed (meaning: count personal investment amounts as part of your “runway” cash pot, but not 401(k) investments).

Then, take a look at your monthly spending over the past ~3 months, and come up with your average monthly spend. Include things like health insurance that your current employer might be subsidizing.

To determine your rough financial runway, take your total cash amount, and divide it by your average monthly spend. That tells you how many months you could go without any income (and fairly light adjustments of your spending) before you’d be in trouble.

For some people, this financial runway calculation looks like this:

Average monthly spending: $3,200

Total “liquifiable” and/or cash assets: $40,000 in cash, $18,000 in liquifiable investments = $58,000

Rough financial runway estimate: $58,000/$3,200 = ~18 months (18.125 months)

For others, it might be closer to this:

Average monthly spending: $6,600

Total “liquifiable” and/or cash assets: $20,000 in cash, $5,000 in liquifiable investments = $25,000

Rough financial runway estimate: $25,000/$6,600 = ~3 months (Really it’s closer to 3.8 months, but I’d recommend you round down)

Because life is uncertain and it’s better to be safe than sorry, we strongly recommend your financial runway include a minimum of 6 months of cash, with 9+ months’ worth being closer to ideal.

If doing this calculation leaves you in a cold sweat, don’t leave yourself vulnerable. You’ll probably want a financial runway like this on hand regardless of whether you’re thinking of quitting or not, because losing a job unexpectedly or having a sudden illness hit would also require you to have funds on hand. Start increasing your savings now. I did this in the past by asking for a raise and lowering my expenses so I needed less cash to get by each month. For ideas on how to ask for a raise, check out this episode of the podcast.

The other consideration as you’re calculating financial runway to quit your job might also be: do I have any liabilities or future gains that might make this more challenging? Are there things that I owe a lot of money on, upcoming large medical procedures that I’d like to use my employer’s coverage to pay for, or bonuses, vacation that doesn’t cash out, or other compensation on the table that I’d lose if I left now? Did my employer pay for my most recent degree, and I’d owe them some reimbursement if I left now? Understanding the financial logistics of leaving can be incredibly illuminating on whether now is the right time to quit, or if there are ways you can better take care of yourself before saying goodbye.

CONSULT YOUR MOST IMPORTANT STAKEHOLDERS FOR CONSENSUS

The third question is in terms of impact of your decision: who else has a vested interest in the outcome of this decision, and are they onboard and committed to making the same decision?

For me, a clear and obvious impact of my employment decision is how it affects my wife Alyssa and our kids.

Alyssa and I are a team, and I rarely do anything major in my business without consulting her and getting her feedback first. Not only is she incredibly smart and insightful when it comes to strategic decisions, but she’s also supportive while pointing out potential flaws in my master plans. And because I’m typically the breadwinner for our family, any dramatic decisions that I make about my work and paycheck have an immediate impact on her and the kids. So in order to feel like I’m acting in integrity, I need to make sure that she and I are in agreement about what’s right for me and for our family.

When I left my HR job at Target, I didn’t do a good job of involving Alyssa in that decision, and ended up putting her through a ton of stress that made me feel like a jerk. I’ve learned from that experience that bringing her into both the decision and the contingency planning process early and often is the best thing to do for our partnership, relationship, and friendship to stay strong.

The final question is: what’s going to be required for me to make a substantial life change like this?

Let me explain. In order to get results that are different from what you’ve always gotten, you have to take action in ways that are different from what you’ve always done.

For me, that meant finding more time. When I was working a 9-to-5 job and also being a dad, that was no small feat. I realized that I needed to do the most important things first in my day, so I started getting up early.

Really early. Like, 4am early.

And I would do things like record podcast episodes that early. Because when you’re committed to finding a way, and you’re willing to be flexible on the “how,” you can create awesome opportunities for yourself. We have Career Change Bootcamp students who make their transition by having the discipline to do their coursework and their homework assignments during their lunch break at work each day.

With Mike, he needed a break in between jobs to have the time and space to make his transition. So evaluate what’s true for you, and set yourself up for success.

TO RECAP, HERE ARE THE 4 QUESTIONS TO KNOW IF YOU SHOULD QUIT:

1) Why do you want to leave in the first place? What is driving the decision? Is it 100% emotion thinking it will be better or something you are able to run to versus running away from?

2) Do you have the runway, the savings, or more liabilities than you can afford?

3) Who else has a vested interest and are they onboard and committed to making the same decision?

4) What do you need personally in terms of breakthroughs to make this substantial life change? It is substantial and I don’t want people to underestimate that.

Anything you would add having done it yourself?

Ready to quit, but not sure what to transition into? Get a crash course to help you get clear on what you’re great at and what kind of work could fit you best in our 8-day mini-course. Sign up here!

Mike Goodman 0:04
I don't want to waste my whole life being blah, I don't want to be counting down the weeks and the months and life was just passing by. And I knew if I didn't take a stand and change something, it wasn't gonna change. For another year go by and I'd still be at the same job in the same boat feeling the same way.

Introduction 0:30
This is the Happen To Your Career podcast, with Scott Anthony Barlow. We help you stop doing work that doesn't fit you, figure out what it does and make it happen. We help you define the work that's unapologetically you, and then go get it. If you're ready to make a change, keep listening. Here's Scott. Here's Scott. Here's Scott.

Scott Anthony Barlow 00:54
Some people can just keep going forever in a job that they no longer find meaningful. But for many other people, there's an expiration date when it starts to get really painful to keep going to work, sitting at your desk, and knowing you're just not that excited about it. But if you're at that point, how do you know if you should just simply quit your job? Will that be the right move? And aside from the financial aspect, there are many other reasons that this could be the best, or the worst decision of your life.

Mike Goodman 01:29
Nothing felt exciting, nothing. I didn't have any sort of clue what I wanted to do work wise. I didn't have any sort of excitement in the role I was in. I was in this spiral that was just really, really, it was just bad. And I just felt like literally a constant state of blah was the best way to phrase it.

Scott Anthony Barlow 01:49
That's Mike Goodman. Several years ago, he came to us after working in Higher Education, and we had the pleasure of working with him as a client to find his ideal career next step. During his journey, Mike did a phenomenal job evaluating whether or not he should quit his job in Higher Ed before having the next role lined up. Later on in our conversation, you're going to learn four questions, we get into four specific questions to ask yourself to know if it makes sense for you to quit. And we're talking specifically about, without having another opportunity. But first, we need to start with how Mike got to this step in his career in the first place.

Mike Goodman 02:27
It has been a curvy road to say the least. Boy after college, I held a number of, you know, kind of entry level work positions, and then I decided I wanted to pursue a career in Higher Ed. So I started working for a small liberal arts college in the marketing office, and I really had fun with it at first. It was a cool way to learn some different, you know, everyone's responsible for managing a website, which I really liked, and I was the first point of contact for anybody that needed help, you know, marketing related projects, it was a fun role. But then it kind of, like any job I had held previously, I got to a point where it just kind of got stale. And while I was there, I decided to take advantage of a tuition benefit, and I went for another degree. And then when I finished, I moved on to another role. That was an advancement in title responsibility. And luckily also in PE. I never really felt overly engaged in the new role, but I felt like I needed to give it some time. And unfortunately, as time went on, my lack of engagement never really changed. If anything, I probably got more and more unengaged as time went on. And yet the funny part about that is of all the jobs I had held full time, I stayed in that role the longest. I started off, it didn't really feel like a fit. But yet I stayed in that role for just three or five years. I think I got to a point where I thought I had changed jobs a couple times as it was. And I thought, you know, "Is there really... is there anything out there I'm gonna like? And is there, you know, what if I change jobs and it's... what if it's something worse?" I did this routine with myself for several years while I was there where I would apply for jobs, I would sometimes get called for an interview. Sometimes I go to the interview or as the interviewer is approaching, I would change my mind and just think "nah! this isn't for me, I don't think I'm going to pursue this." Or I would go to an interview and then sometimes remove myself from the process because I leave the interview just feeling not excited or not, it didn't feel like an improvement from where I was. I mean, this went on for too long. This went on for several years. And I would just kind of tell myself, it was almost like "The devil you know, is better than the devil you don't know." I'm trying to think of what else. I'm top of everything else, I felt like while I was in this job, my mood was kind of, I phrased it like a constant state of blah. I felt...

Scott Anthony Barlow 05:03
A constant state a blah. What is... expand on that for me. What do you would mean by that?

Mike Goodman 05:07
Nothing felt exciting. I didn't have any sort of clue what I wanted to do workwise, I didn't have any sort of excitement in the role I was in. But then I was looking around at other jobs. And I think, "well, you know, what am I qualified for? What is my resume show? Like, what am I gonna find that's any different than what I'm doing?" Because I think like most people, you sometimes feel pigeon holed in that, you know, my resume states, I've done this, but how am I going to show that I can do something different? Or how am I going to translate my experience into showing that I can do something different? I had about an hour commute without traffic so regularly, I did hit traffic. So I mean, it wasn't uncommon for me to have a day where it could take upwards of two to three hours to get home or in the morning, say if the weather was bad or there was an accident, it could take that long to get in. I was in this spiral that was just really, really bad. And I just felt like literally a constant state of blah was the best way to phrase it.

Scott Anthony Barlow 06:07
That is, I was gonna say super interesting and it probably didn't feel particularly interesting at the time. In fact, they have but it's interesting because so many people get stuck in that state where, you know, you're commuting multiple hours a day and you're, I don't know, gridlocked along traffic and then you are feeling like "hey, I'm not sure even what I want to change to but I know that this isn't it" and you're struggling or trying to push through that all at the same time. And I think that's where a lot of our listeners have been and certainly experienced at least parts of that. So I think everybody knows...

Mike Goodman 06:43
Absolutely.

Scott Anthony Barlow 06:44
exactly what you're talking about. Now, what ended up happening from there, you lived in that state of blah for, it sounds like almost five years, right?

Mike Goodman 06:52
Yeah, I mean, pretty much for and some change for, you know, much too long. What happened was, I didn't want to feel that way anymore. I knew if I didn't take control of my situation and make anything change, then another year would go by and I would still be in the same job and I would still be kind of spinning my wheels in terms of "alright, what am I going to do?" So I had been on the East Coast, I'm from the East Coast, and I decided after a long time of thinking about it, the time had come and I was going to move to the West Coast. I approached my boss and told her my plans. I didn't really have a whole in depth plan other than that, but I thought, well, this is going to force me to find something else and get a new start and just kind of kick things off from the right track. So I told my boss and they approached me with an offer to allow me to go to the West Coast, where I could work remotely for a set time period. So it had an end date. And I was very surprised, but I was definitely appreciative and accepted the offer and so I came to the West Coast and still worked remote. And then it was, kind of reality, in a sense hit me because now it's like, "well, now I really have to figure this out. What am I going to do?" I applied for some jobs, didn't really find anything that I was overly excited about. And then time marched by really quickly. And my contract came to an end with the remote work for the job that I had had from the East Coast. And then all of a sudden, I contacted by a recruiter for a job opportunity that was in Florida. I knew the company and I was intrigued. And I thought, "well, I don't have any other options at the moment.

Scott Anthony Barlow 08:40
That's right in fornt of you.

Mike Goodman 08:41
Let's check this out." Yeah, the whole process was extremely rushed. Like it was just there was very, there was no real personal connection, you know, so I would talk with a recruiter and they'd set me up for a phone call, say they're hiring manager and then I ended up talking to a total of three people by phone. There is no one person and no typos all by phone. It was very quick. I think in the period of a week, I had the three different conversations. And then I got an offer. The whole process again, like I said, was so rushed, they wanted an answer within 24 hours, you know, it wasn't like, "oh, take a few days and think about it. Let's make sure it's the right fit."

Scott Anthony Barlow 09:19
Bad sign number one.

Mike Goodman 09:20
Like, yes, that's, and my gut already was kind of like, I need time to think about this. But then I didn't have anything else. Florida had never really been a plan or a thought or an interest. But I thought, well, maybe this is just a different way of going on an adventure. And I accepted the offer. I had about three weeks from when I accepted to when I had to be down there to start. And the whole period between, honestly I was just in like a personal hell and I just felt my anxiety was just literally it was through the roof. I was like, "Oh my. I don't know if there's this right. And do I really want to be in Florida? And like, what do I know about this job and am I really prepared for this?" So the year just constantly, there's just a lot of doubt. And I didn't feel, I didn't have an excited feeling if anything, I just... I felt extreme anxiety.

Scott Anthony Barlow 10:08
Did you recognize that in the moment? Or was it only afterwards where that was really apparent to you? What was going on at the time?

Mike Goodman 10:17
I knew at the moment I was anxious because I wasn't sleeping well, and I was just kind of like, but I was unsure, but I thought, you know what, it's nerves, and when I get there, it's gonna be better. So I just, I thought, like, see this through and see where it goes. And you know, let allow myself to get there and then just kind of absorb it and things will feel better once I arrive. Normally, that's the case when I have felt uncertain about other things and they've unfolded but unfortunately, this situation, things didn't get better. So I had these three interviews while I was talking with this company. And so three weeks later, when I went down to start, of the three people, one had left the company, one had moved into another role. And then I was going to be working for someone who had just started, who I'd never talked to, it was just, you know, it was like red flag.

Scott Anthony Barlow 11:54
It's almost like total worst nightmare come true in some ways because that's one of the reasons that you stay in those types of roles that are blah for so long, it's like, well

Mike Goodman 12:05
Exactly.

Scott Anthony Barlow 12:05
I don't know if this might not be any better it might be way worse.

Mike Goodman 12:07
Exactly. And, you know, looking back at it, the signs were there, that it wasn't gonna be the right fit. But I think because of the fear of not having a job or not having anything lined up, I jumped. But even then, after jumping, I thought, "Oh, you know, I don't know if this was the right choice." So anyway, I went and I was down there, and literally had zero support at the job in terms of, you know, someone asked questions to where resources are in anything. And after, I didn't even make it at the job eight weeks, I made it just maybe six or seven. And I just decided, "you know what, there was a lot more in between" but I just decided, no job is worth this. And this is not a direction that I want to pursue, and I am just gonna cut my losses. And I remember saying to my family down there, I just want to pretend like this never happened. Wipe the slate clean. So I did. I showed up at the office one day and turned in my computer and I just said, "today's my last day" and I left.

Scott Anthony Barlow 13:12
What was that like? Because I think so many of us think about doing that, in one way or another. Very few of us have that experience though.

Mike Goodman 13:22
I felt good because I made the decision in my mind, and then being able to go and kind of unload my gear, so to say, so you're like my computer in any sort of their property. I turned it in, I sent a letter. The person who was my boss was really never around. So when I went, I just, you know, submitted a letter and then I went and turned in my computer. And then I stopped in the break room. I grabbed a soda and I walked out, decided this is it. And I felt, you know what, I felt I knew I was going to have challenges ahead, but I knew that I was making the right decision because staying in a job that literally just made me feel ill was not ever gonna do anything right for me. So I needed to figure out what was going to do something right and pursue that rather than staying in, you know, it's like a puzzle piece that didn't fit.

Scott Anthony Barlow 14:13
We've used the puzzle analogy more than a few times in our business. But certainly when the puzzle is not fitting in any way whatsoever, and you're, you've already tried hard to make it.

Mike Goodman 14:23
Oh, yeah.

Scott Anthony Barlow 14:24
And sometimes it's impossible, and sometimes a change is needed.

Mike Goodman 14:27
Exactly.

Scott Anthony Barlow 14:29
So not everybody has had that experience of quitting a job without something else lined up. I've done that, you've done that and a host of other people have done that. But most of the, that's only a small portion of the world. And this is a question we get on a regular basis. In fact, we recently had a listener that had sent in a question along those lines. In here, I'll read it off really quick. Yeah`, she had said something. Here we go. "HTYC always seems to discourage the idea of quitting a job that is not working before you've accepted an offer and one that feels right. But I'd love to hear an interview with somebody who took an intentional break between jobs without the next thing lined up and I'm increasingly feeling the instinct to take a life sabbatical." And she goes on to say that, "hey, I haven't heard when it's okay to give yourself permission to let go and when it's okay to regroup and when it's not okay. When does it make it a good idea, essentially? When might be a wiser choice for the long run?" That is what I'd love to dig into with you.

Mike Goodman 15:31
Sure.

Scott Anthony Barlow 15:32
Because reality is your decision might not be right for everyone, but it was certainly right for you. Right?

Mike Goodman 15:39
Yeah, it was what I needed to do. You know, when I left the job that I had been at for several years, you know, I think a lot of people can relate to this too, but between a long commute and days of just total non stimulation and you know, an engagement, I wouldn't feel energized to go home or take a weekend and be like, "I'm gonna figure out what I want to do and like what my next move is gonna be" I would just kind of be, again, like I said, the constant blah, you know, I would just kind of be like, "oh, I'm not there. So I'm gonna enjoy my time, but I'm not going to think about anything because I don't know. And that's what's gonna make me more obsessed." And, but then I got to a point where I just thought, what I can't keep moving forward like this. And if I'm gonna be working until I'm 65 to 70 years old, I don't want to waste my whole life being blah, you know, I don't want to be counting down the weeks and the months and, you know, just waiting, passing... life was just passing me by and I knew if I didn't take a stand and change something, it wasn't going to change. Another year go by and I'd still be at the same job in the same boat feeling the same way. What I did in that sense was, I jumped headfirst into the pool because I just knew all right, I'm doing something but I know if I stay where I am, I will still be here. Like I want nothing will change. The Florida situation was very different because that never fit from the get go. And that just never felt right. I didn't want to be there. I knew at that point, I was fortunate that I had support of family and friends. And I said, you know, I just... I need to take some time, decompress from all this and figure out what is going to be the right fit and what is going to be the right move for me because again, working another 30 to 40 years in a situation that I'm not happy with life. Life is too short, and I don't want to look back at my life and think I had the chance to make a change and I didn't.

Scott Anthony Barlow 15:56
I like what you said there. You are looking forward and saying I don't want to ever be in the place where I had that chance to make a change and I didn't. Like...

Mike Goodman 17:46
Right.

Scott Anthony Barlow 17:46
Making moves for avoiding regret is probably one of the times where it's actually okay to avoid something. This is super interesting. And there's a couple areas where I'd love to really go into deep. One, I want to make sure that we're leaving everyone with some ideas of when it's okay, when it's a good idea to quit your job? Especially when you don't have something else lined up. And we'll sprinkle those in along the way here too. But I also think that all of us and you and I had this conversation the other day, when we were talking about creating this episode and bringing you on here, what we think it's going to be like, after we quit? And what it's actually like, after we quit?

Mike Goodman 18:27
Are very different.

Scott Anthony Barlow 18:28
Yeah, are often very different. And we, we've pretty well proven again and again, that we as human beings are terrible at anticipating the future and what things are actually going to be like in the experience versus what we perceive in advance before it ever comes time. So what I'd love for you to do and I'm super curious, and I can help share some experiences when I quit too without having something else lined up. But what was that like for you? What took place? What did you, what was similar to what you expected? What was far better, far worse?

Mike Goodman 18:57
There were good days and there were bad days. Luckily there were more good because I would, you know, take some time and kind of explore different options, explore opportunities, and then I'd start seeing things. And I'd feel a sense of excitement and hope. And that made me feel better. But then there are days where I felt like nothing's happening, I'm not doing anything, I don't have anything lined up and, you know, feeling almost more of a sense of, I guess, almost despair, I'd say just feeling down. But then when I would have those days, I would think about, specifically the Florida job and the Florida office, and I would think, you know what, this is all going to work out. And I would rather be in this spot now than being back there. And that would make me feel better.

Scott Anthony Barlow 19:43
That's really interesting. And I think that's one of the things that people need to consider before they're making a move like this and leaving a role, blah or not, in really understanding the full impact or at least attempting to understand the full impact.

Mike Goodman 20:00
Absolutely.

Scott Anthony Barlow 20:01
What is driving this in the first place? What are some of the real impacts too? In your case, like that Florida role was having real physical impacts on you. It's cause anxiety and it was making your life a little...

Mike Goodman 20:14
I was a mess, for lack of a better word. I was an absolute mess. And I just knew I'm like, I did not leave the last role to come to something even worse. And I was like, I know there's something better out there. Looking back in hindsight, like if I always ever put in that situation again, where I felt rushed and I wasn't sure that it was the right move or the right opportunity, I wouldn't do it. And you know, it was a definitely a learning experience. And I think it came at a time when I needed the lesson. But again, I would never put myself in a situation like that again, because no job or anything that makes you feel ill or just sick or just, you know, just does not make you feel good is worth it.

Scott Anthony Barlow 20:54
Yeah, and that's what I had for my first professional job experience straight out of college. That same feeling also the same commute, whereas multiple hours in the car and you're looking at the people next to you, and they don't look that happy either. And then you're thinking the entire time like, I don't even like this job like, why am I...

Mike Goodman 21:12
What am I doing?

Scott Anthony Barlow 21:13
What am I doing? Like.

Mike Goodman 21:14
Yeah.

Scott Anthony Barlow 21:15
So totally understand on that. What I think people experience though, is they experienced either what you experienced where it's like, "hey, this is completely blah. And I know that if I don't do something, then I'm going to be here for a long period of time." The other side of it is I think what I experienced too where I got myself into a situation where it was like, "look, anything has to be better than this." Anything has to be better than this. And this a little bit of a case of distorted grass is greener and thinking that "hey, any situation will absolutely be better." It became a situation of me wanting to leave just because I wanted to get the heck out of this situation. So that's the number one thing I would tell people to consider is, what's driving this decision in the first place? And...

Mike Goodman 22:03
Definitely.

Scott Anthony Barlow 22:04
Specifically, are you running to something versus running away from something? And if you're just purely running away from something, that's going to make a bad decision, like in my case, I was running away from something. Had I left when I first wanted to, I would have 100% been running away from something. And in your case, I would say that, that actually wasn't true, which I think is part of the reason why it made it better for you.

Mike Goodman 22:29
The Florida situation I needed to leave the first situation was something that had, you know, I think that had been on my mind for far before from when I actually did do it. And I think, sometimes I try and talk myself into staying say for example, Christmas, we would get a really nice vacation and the gift, and then, you know, so then the fall would come and I think well, you know, the Christmas vacation is really nice. So I'm not going to leave now. And then it got to a point where the things that I stayed for, or that I would talk myself into staying for, we're no longer enough, like, you know, as, what's a two week vacation? Yeah, it was great. But what if the other 50 weeks of the year are not good, then it doesn't really make a whole lot of sense to stick around for the two weeks off. It just got to a point where the reasons I stayed just diminished, you know, less and less. And I just knew that, it was time, I needed to go, it was past time. And it wasn't a quick decision, it was something I really thought, I thought about for a long time, but then I knew I'm ready. It's time, I need to go.

Scott Anthony Barlow 23:37
That kind of invoke the second thing that we really have people take a look at, as well, is what's going to be required, you know, asking yourself this question, what is going to be required to make a substantial life change? Because for some people, some people really can do this over time. And that's something that I've done at different points in time in my life, even starting this business like, you know, we started it on the side and did it from 4am to 7am, every single morning, and that was... that worked well. But then I think that there's other periods of time and other people that doesn't make sense for them, that doesn't make sense for them because they either can't put enough focus in making the life change, or it doesn't make sense for them because of any number of other reasons, too. And I think in your case, you've said multiple times in the last 25 minutes here that you had to have that break. You had to have that.

Mike Goodman 24:30
I did. Yeah, I needed that time. I was fortunate that I was able to take it, but I definitely needed it because, you know, and all those years of commuting, and then just like I had mentioned being really disengaged, I didn't take when I say I had a week off. I wasn't spending the time doing the work in terms of like really digging and searching to figure out, what is it that I want to be doing? What do I want my life to look like? Because in a week, I was just more or less decompressing from being out of office and I wasn't taking on anything of that nature. When I had that time, in between jobs, it was like, well, now I have this time I can really figure out what is my next move gonna be. And what do I want that to look like. Because for so long, that wasn't something that I had thought about.

Scott Anthony Barlow 25:19
Yeah. And that makes a ton of sense. And for you too, from what I know about your situation and everything that we've talked about, you had the runway, and that's where we get into question number three here. Do you have the runway in terms of financial or other to be able to make this a real possibility? Or is it going to be a case where you might have to make a couple of jobs like make a shift from one job to another even though that's not necessarily the perfect job or one job to another that's going to free up your time or headspace or something else so that you can create a different level of focus. But in your case, you had a bit of savings, right? You've done...

Mike Goodman 25:55
I did. I was fortunate that I was able to take that time.

Scott Anthony Barlow 25:58
What did you do to put yourself in that place?

Mike Goodman 26:01
Over the last several years that I was in the job before I left, I had gotten some, you know, annual increases, and there was a period where I had gotten a promotion. So what I would do is every year, I would just put away the difference. So I was essentially living off my original salary. Over the years, I'd put, you know, a decent amount of money away for like a rainy day fund, so to say, or, you know, a couple months of living expenses. And then I was fortunate during my gap where I wasn't working, that I had supportive family, so that I was able to have, you know, a place to stay, whereas, you know, that helps tied my savings along that much longer.

Scott Anthony Barlow 26:41
Lower living experiences for a period of time.

Mike Goodman 26:44
Exactly.

Scott Anthony Barlow 26:45
Very cool.

Mike Goodman 26:45
Exactly.

Scott Anthony Barlow 26:46
That's the question that everybody needs to ask themselves when they're considering leaving, not to something else. As one, do you have that financial runway, we're through savings or other income coming in or something else? And then usually when I'm working with people one on one, we're figuring out okay, what is the likelihood of you being able to move into something else in addition to, what it's actually going to take? And always budget worst case scenario. I think everybody has a tendency to look at, well, I think it's gonna be, you know, three months, and I can get a job in three months, no problem. And we're overly optimistic in a lot of those cases versus

Mike Goodman 27:23
Yeah

Scott Anthony Barlow 27:24
It might realistically take a long period of time. How long did it take you?

Mike Goodman 27:27
It was over six months. Maybe more like eight months. It took a while. It did happened. I allowed myself a little period where I just took some time in the beginning. And then I thought all right, I'm gonna jump in now. So I took, you know, the first, it was a month or two off to just kind of resettle and decompress. And then probably then from when I started, you know, really doing the work about six months and that was, you know, the holiday time things tend to slow down and some interview processes can take quite a while you know, from start to finish. You have to allow that time because there's just no way of knowing how long it's going to take.

Scott Anthony Barlow 28:04
Yeah. And generally, we'll have people budget whatever time they need away. Like in your case, you said, look, I need this month, month and a half, two months time to be able to decompress. And that's 100% okay, like what Laura is asking in her question, you know, if she needs that deep and refresh in time, that's great. And then additionally, she should allow a minimum of six months just in case, because although we've helped a lot of people, make 30 day transitions, that's not the norm. That is the optimistic side. Yes, it can be done but you do not want to be in a situation. I've personally been in a situation where it's taken much longer than what I anticipated. And is Uber stressful, especially if you're in a situation where you have either a family or spouse or other things like that. That's not just stressful for you, but it's stressful for them as well. You know, that actually happened, geez, probably like eight or so years ago to me too, when I was transitioning from a job, I felt like I couldn't take it anymore and ended up leaving. We had savings, was able to get job offers, I already had number of interviews in the works at the point in time and I left and everything like that. So it wasn't like just leaving completely clean. But there was more to the story too, because even though we had some savings, even though we had about, you know, six plus months savings easily, even though those other things are in place, it's still in hindsight, I don't know was the right decision based on everything else we had going on. We were trying to pay down a bunch of debt not ended up putting that on hold. And then for Alyssa, my wife, was really stressful for her too because she has all these people that are asking her really every time they turn around, like "hey, this guy have a job yet" everything else along those lines, too.

Mike Goodman 29:45
Is very stressful.

Scott Anthony Barlow 29:46
Yeah.

Mike Goodman 29:46
And I think going along with it, you have to be prepared and be willing to give up a certain degree of control, because you can control what you put into the situation in your efforts. But you can't necessarily control the outcome or you really can't can control how long it's going to take.

Scott Anthony Barlow 30:01
You can have a lot of influence it but ultimately you don't get to decide whether that person is on vacation and whether you get the job offer in writing this week or three weeks from now.

Mike Goodman 30:10
Exactly.

Scott Anthony Barlow 30:11
And sometimes those things just don't line up perfectly. So if you've only got three months of money in the bank, and you're dependent upon that happening, and that your spouse is looking at you going, "hey, you've promised it would be okay" then that's not going to create a great situation for you. So that ends up being the fourth question that we would advise everybody to ask. Who else has a vested interest in this decision? And are they okay with it? Are they on board? And do they understand all these implications, too?

Mike Goodman 30:38
Yeah, having that support can make all the difference.

Scott Anthony Barlow 30:40
Yeah, absolutely. I'm gonna really quick just run through those questions again, here for anybody that is finding themselves in this place where they're considering, like you were, is this something I just need to do? Is this something that I should do? Is this actually a good idea for me in my situation? So ask yourself number one, do you have the that runway? Do you have that savings? Or do you have more liabilities and you're going to be able to afford at the time? You know, number two, why is it that you want to leave in the first place? What is driving this decision? Is it 100% emotion thinking that is going to be better? Or is it something that you're able to run to versus running away from something? And if it's purely running away from something, probably not a great idea. And then question number three, who else has a vested interest in this decision? And are they 100% on board or at least enough on board and committed to making the same decision? Then last question is for you personally, what do you need in terms of breakthroughs to make this substantial life change? Because it is a substantial life change. And I don't want people to underestimate that. Anything that you would add to that mix for people to consider, you know, having you done this yourself in a couple of capacities.

Mike Goodman 31:55
Think it through and be prepared. I think, you know, having that support like I just said, is really is important. And just looking at it from different ways, like if it's, are you okay with it? If it's not going to happen for six months, if it's gonna take longer, worst case scenario, are you okay with still making that decision? Just way look at the different sides and weigh the outcomes.

Scott Anthony Barlow 32:16
That is phenomenal advice. And then the cool thing is, even if you decide it's not a good idea, then I think that there's plenty of other alternatives, you can work on getting what we call a bridge job, which might not be the perfect job, but it might be something that is vastly improved. And either maybe it's not the state of blah, and you're get into use more of your skill sets and what you enjoy, but maybe it's not the perfect thing, if you will. Or maybe it's a case where it's freeing up more of your headspace or more of your time, so that you can devote some time or headspace or bandwidth, like you were talking about earlier, Mike to figuring out what is going to be a great situation for you.

Mike Goodman 32:55
Exactly. Yeah. What does that look like? Figuring out, what's the right move or what's the next move gonna be? And what's gonna make it better

Scott Anthony Barlow 33:02
Any advice on that figuring it out process because I know that you've gone through that at some point you began working with us and that's how we actually met the first time, right. And that's how I got to learn your strengths and learn what you're great at. And ultimately, at some point, we invited you onto the team after an extensive interview process and having that firsthand relationship. And now you do a phenomenal job because, well, quite frankly, we, you know, we like to practice what we preach and put people in areas where they kick ass.

Mike Goodman 33:33
Thank you.

Scott Anthony Barlow 33:33
Yeah. And you know, we absolutely see it every single day and we get, oh my goodness, just in the short time that you've been with us, I'm trying to think how many emails I've gotten from our audience and customers telling me how awesome Mike is.

Mike Goodman 33:48
Nice. That's awesome. That's great to hear.

Scott Anthony Barlow 33:50
Yeah, absolutely. But as people are going through that figure it out type process, any other advice that you'd give to them once they have decided "hey, look, I need to quit, it is the right decision for me. And I'm going to use part of that time to determine what is next. And what's going to be a great situation for me.

Mike Goodman 34:08
Allow yourself the time to don't jump into a situation just because it comes up, you know, don't... learn from my mistake. Don't jump into something just because it's there, make sure it's the right move. Because if you've made the decision to leave where you were to find something better, see it through, don't jump into something, you know, a lateral move or the frying pan into the fire, for lack of a better word, just take the time and discover what it is that is going to make you happy and seek it out. Because it is out there.

Scott Anthony Barlow 34:39
Something Mike and I didn't say in our interview, is that after we finished working together, Mike ended up taking a role at Avocado Green, and then turning that opportunity and promotion. He did a really phenomenal job with this. And I want to let you know we've got so much more coming up in store for you next week, right here on Happen To Your Career. But also, if you're looking for help in figuring out your next career move, then tell you what, just stop this pause it and text, My Coach, that's M-Y Coach to 44222. And we'll send you the link to tell us a little bit more about your situation and schedule a call with our team. And when you do that, we'll ask you a bunch of questions and really try and understand your situation and figure out the very best way that we can help you through whatever your goals are. It's no obligation, and it's been one of the best first steps for so many people, many that you've heard on Happen To Your Career again and again. So just text My Coach to 44222. On the very next episode of Happen To Your Career, if you're looking for help figuring out what you really want, well, we're going to answer a few questions like, "how to find what you love to do again? If you strayed away from it" "how to identify true strengths and values, that lead to your ideal role?" And, "how to prepare yourself to finally make the jump?" And also, what kinds of jobs or positions or roles, a project manager can move into?" We've taken all these questions live from our listeners, and we've answered them. We're gonna share that with you on the very next episode, this Thursday. Talk to you then, until then. I'm out. Adios.

Ready for Career Happiness?

What Career Fits You?

Finally figure out what you should be doing for work

Join our 8-day “Mini-Course” to figure it out. It’s free!

Creating Passive Income with Kathy Fettke

KNOW WHAT YOU’RE TRYING TO ACHIEVE AND WHAT IS THE STRATEGY THAT IS GOING TO GET YOU THERE THE FASTEST.

Have you found yourself asking the same question about how in the world you can not only make money doing what you love, but also how you can find the time to do all of that while having a life outside of the work you love?

Kathy Fettke has the answer and the experience to share how you can start taking the first steps into the direction that will achieve those goals.

In this episode, she also wants to simplify the process, so you don’t make the same mistakes that she has made while learning to make passive income herself.

Some of her tips include:

  1. Don’t jump into anything that you know anytnothing about
  2. Understand the basics
  3. Learn everything you can – especially the fundamentals
  4. Get your advice from someone that is doing what you want to do

Listen as she shares ways people can create a space for themselves to make it possible to live life the way they want to with the the people that love the most!

ABOUT KATHY FETTKE

Kathy Fettke is the author of the #1 best seller, Retire Rich with Rentals and is the host of The Real Wealth Show. After interviewing real estate millionaires, Kathy uncovered some of the best strategies for creating passive income streams.

Currently Kathy helps people build passive income through cash flowing assets, with the main asset being real estate. She encourages people to create a space for themselves to make it possible to live life the way they want to with the the people that love the most.

WHAT YOU WILL LEARN
  • How to become a money maker to become “job-optional”
  • Gain insight on the whole new (secret) world of real estate investing and its benefits
  • Learn ways to simplify the process of rentals to keep you from making the same mistakes Kathy has made
  • Why it’s important to NOT jump into anything you don’t understand
  • What resources are available and how to use these resources to your benefit in investing in real estate
RELEVANT LINKS AND RESOURCES

Check out Kathy’s work at her website: Real Wealth Network

Follow Kathy on Facebook

Connect with Kathy on Linkedin

Follow Kathy on Twitter: @kathyfettke

GET IN TOUCH WITH US!

Email:  Scott@happentoyourcareer.com

Twitter: @htycbiz and @scottabarlow 

Follow us on Facebook

Come join us over on Facebook in our Work You Love OneStop group!

LOVE THE SHOW? SUBSCRIBE TO THE HAPPEN TO YOUR CAREER PODCAST:

iTunes Stitcher RSS

LEAVE US A REVIEW AND HELP US TO REACH MORE FOLKS JUST LIKE YOU AND HELP THEM “HAPPEN” TO THEIR CAREERS!
 WANT HELP FINDING THE WORK THAT FITS YOU?

If the thought of creating passive income has been on your mind but you aren’t quite sure what you want to target, check out our FREE 8-day course to “Figure Out What Fits” to make you “job-optional”!

For helping finding YOUR signature strengths, enroll in our FREE 8-day video course at figureitout.co!

How to Accelerate Your Career with Bozi Dar (Revisited!)

Are you tired of watching your colleagues get promoted?

Do you feel like you’ve been constantly looked over for that next pay raise?

Are you starting to feel like everyone around you is doing better than you in their career?

If you’re ready to advance your career and find out how to get promoted, we’ve got a solution for you. A six-step formula created by Bozi Dar that will help you accelerate your career.

ABOUT BOZI DAR

Bozi Dar is a career adviser and the author of the #1 bestselling book, ‘Promoted: The Proven Career Acceleration Formula to Reach the Top’. He created the Career Acceleration Formula after having struggled for years to advance his own career.

The six-step formula helped him get six job promotions in six years which led him to increase his salary 15 times. Bozi continues his “mission to liberate you from the crappy, rehashed career advice from the so-called “career gurus” and introduce you to career strategies that will get you 5x results in 1/2 the time (what I call the ’10x effect’)” at Career10x.com.

Today, we revisit Bozi’s episode where he shares his step-wise process for identifying, landing, and succeeding in the job and career path that fits you!

WHAT YOU WILL LEARN
  • The 4 “invisible forces” impacting your career and why they aren’t helping you.
  • Find out about the “10% club”, the 10% of employees at any given company that are steadily advancing in their roles, and learn how you can become a member!
  • And learn Bozi’s signature 6-step formula for accelerating your career!

If you’re finding yourself in a similar situation and need the extra push to get that promotion, check out Bozi’s FREE online training, “3 SECRETS TO ACCELERATING YOUR CAREER WITHOUT WORKING HARDER OR PLAYING OFFICE POLITICS.”

The FREE course takes place THIS THURSDAY, Oct. 20th at 5 PM Pacific (8 PM Eastern).

Sign me up to find out the 3 SECRETS TO ACCELERATE MY CAREER!

RELEVANT LINKS AND RESOURCES

Career10x.com

Get Bozi’s training for HTYC’ers here!

Check out these recommended books by Bozi: Give and Take: Why Helping Others Drives Our Success and The Go-Giver: A Little Story About a Powerful Business Idea

GET IN TOUCH WITH US!

Email:  Scott@happentoyourcareer.com

Twitter: @htycbiz and @scottabarlow 

Follow us on Facebook

Come join us over on Facebook in our Work You Love OneStop group!

LOVE THE SHOW? SUBSCRIBE TO THE HAPPEN TO YOUR CAREER PODCAST:

iTunes

Stitcher

RSS

LEAVE US A REVIEW AND HELP US TO REACH MORE FOLKS JUST LIKE YOU AND HELP THEM “HAPPEN” TO THEIR CAREERS!
 WANT HELP FINDING THE WORK THAT FITS YOU?

Are you at a point in your career where you find yourself asking, “Okay, now what?” Click on the link below to check out our FREE 8-day course to “Figure Out What you Really Want for Your Career!”

For helping finding YOUR signature strengths, enroll in our FREE 8-day video course at figureitout.co!

Mastering Your Side Hustle with Tracey Minutolo

We talk about career transitions and finding and turning your passions into a career you love all the time, but what happens when you love where your career is now and you want to work on incorporating some of your other passions into your work life?

Maybe your career has nothing to do with the additional knowledge, skills, or passions that you want to leverage to create a better future for yourself. All you know is that you’re motivated and ready to make some moves to start working on something big for yourself.

That’s where the side hustle comes in.

Our guest, Tracey Minutolo, has quickly become a side-hustling professional on the topic of side-hustling. She’s a full-time lab supervisor at a medical device and diagnostics company by day, and a side-hustling rockstar by heart.

Tracey got her start in the side-hustle business when she decided it was time to get herself out of debt.

After years of feeling stuck, she found the world of business podcasts and decided to start a small virtual assistant side business, providing social media and community management and other support services for podcasters with purpose.

With the side-hustle fire lit under her, her skill set continues to grow and she is currently coaching others with their side-businesses as HTYC’s Side Biz Coach.

Listen as she shares her career and side-hustle journey!

WHAT YOU WILL LEARN
  • How to leverage your knowledge, skills, and passions to create a better life for yourself with a side hustle
  • That you don’t have to quit your day job to enjoy work you’re passionate about
  • That there is a way to balance your life with a side business- people do it all the time
  • That knowing yourself- what you want, the type of environment you excel in will help you find a successful side hustle that won’t feel like a job
RELEVANT LINKS AND RESOURCES

Follow Tracey on Twitter: @TraceyMinutolo

Check out Tracey’s website and her community of Side Hustlers and Financial Freedomfighters!

GET IN TOUCH WITH US!

Email:  Scott@happentoyourcareer.com

Twitter: @htycbiz and @scottabarlow 

Follow us on Facebook

Come join us over on Facebook in our Work You Love OneStop group!

LOVE THE SHOW? SUBSCRIBE TO THE HAPPEN TO YOUR CAREER PODCAST:

iTunes

Stitcher

RSS

LEAVE US A REVIEW AND HELP US TO REACH MORE FOLKS JUST LIKE YOU AND HELP THEM “HAPPEN” TO THEIR CAREERS!
 WANT HELP FINDING THE WORK THAT FITS YOU?

Not quite ready to quit your job and make a jump to your next career? Test it as a side hustle first.
If you need help figuring out what you want to do next, check out our free 8-day course to “Figure Out What Fits.” We’re here to help and keep you motivated on staying on that new path of success!

For helping finding YOUR signature strengths, enroll in our FREE 8-day video course at figureitout.co!

Negotiating What You Are Worth with Josh Doody

Are you ready to put yourself in the position to make more money?

Whether you are changing your career entirely, aiming for a promotion within the company you already work for, or wanting to negotiate a raise, our guest, Josh Doody, is here to share some insight on how to negotiate what you are worth.

Listen as he explains the process of negotiating effectively.

You can also find your step-by-step approach to negotiate a raise, promotion, or salary offer below.

WHAT YOU WILL LEARN
  • How-to determine your target salary or job title
  • How to negotiate a raise
  • How-to deliver your pitch for that raise, promotion, or salary requirement for a new job offer
  • What happens when your negotiation doesn’t turn out the way you want it to
  • How-to get over the fear of negotiating
HOW-TO NEGOTIATE A RAISE, PROMOTION OR SALARY OFFER

Set Your Target Goal

Whether it is a new salary or an upgraded job title that you are pursuing, make sure your target goal is something that makes sense to the company.

Wondering how to find your target salary or new job title? Think of your target salary as the dollar amount that you think you should be paid because of the value that you add to the company. Likewise, think of your targeted job title as something that represents your responsibilities and the value that you’re adding to the company in that new position.

Do your market research on both salaries and job titles. Estimate your market value to determine your proposed goals. If you’re still having trouble, try to look from your manager’s perspective, a business perspective. Your ask should demonstrate how you are profiting the company. Show the company the realistic value that you add for their benefit.

Justify Your Goal (Salary or Job Title)

After you have your goals in sight, it is best to make a list of reasons why your target salary or job title makes sense to the company.

Start thinking about things that you’ve done that add value to the company.

Have you taken on more responsibilities in terms of business operations? Do you manage more people? Do you bring in more revenue? Have you created or implemented a process that makes the company more efficient?

If you’re looking to upgrade your job title, take your current position and compare it to the job title that you want. What are the differences? Have you demonstrated the level of responsibility that comes with the upgraded title? Are you already accomplishing things that are part of the targeted job title and not of your current position? Use a level of acknowledged responsibility to help justify your request for a promotion.

Whatever your list includes, make sure it gives legitimate reason to what you’re requesting. You can even collect proof of your work from clients and coworkers to add to that list.

Articulate the Justification for Your Goal

With your target goals justified, you’re ready to deliver the pitch.

First, write an email with your raise or promotion request. This is your chance to reorganize all of the information that you’ve compiled from your market research and your performance at your job. When you’re done composing your email, save it. This will be your follow-up email after you have a verbal conversation with your manager.

Schedule a meeting with your manager to discuss your raise/promotion request. If you’re having a hard time putting your request into words, start with the facts.

For example, you can say, “My salary of $_________ was set in the past. I think that based on my research/based on what I do for the company now, that my value to the company reflects a salary that should be close to $_________ and these are the reasons why: (list your reasons).”

What Happens When Your Request is Denied?

If you’ve followed the steps but your manager is unable to meet your goal, your next step is to build a development plan with your manager to get to that salary or job title.

Ask to create a timeline and a list of what you have to do to get you to that goal.

If you are absolutely worth the request and the company that you’re working for doesn’t think that you are worth that, then it may be time to look for another company that will meet your goals.

New Job Offer and Salary Negotiation

BEFORE JOB OFFER: Set a minimum salary requirement for yourself when applying for new jobs. Ask yourself, “What is the minimum salary that I would accept to do the job as I understand it?”

When you get a new job offer, counter their offer with your minimum that you established or with 10-20% above their offer. If you are undoubtedly worth more than their offer, respond with, “Well, we’re really far apart in your offer. I’m sorry, but I really can’t accept the job for less than (your minimum acceptable salary).”

ABOUT JOSH DOODY

A former electrical engineer turned project manager and consultant, Josh Doody realized that he had left a lot of money on the table at his first few jobs without properly negotiating his salary offers. Soon after, he began his practice in negotiating his salary and doubled his salary within three years.

After gaining confidence through his successful negotiations, he began to help others drastically increase their salaries as well. Inspired by both his own experiences in his career and personal salary negotiations and the success stories from helping others, Josh Doody wrote the book Fearless Salary Negotiation in 2015.

Find out more about salary negotiation at: FearlessSalaryNegotiation.com

Check out Josh’s specials for our listeners: Fearlesssalarynegotiation.com/htyc

Buy the book: Fearless Salary Negotiation on Amazon!

Follow Josh on Twitter: @JoshDoody

GET IN TOUCH WITH US!

Email:  Scott@happentoyourcareer.com

Twitter: @htycbiz and @scottabarlow 

Follow us on Facebook

Come join us over on Facebook in our Work You Love OneStop group!

LOVE THE SHOW? SUBSCRIBE TO THE HAPPEN TO YOUR CAREER PODCAST:

iTunes

Stitcher

RSS

LEAVE US A REVIEW AND HELP US TO REACH MORE FOLKS JUST LIKE YOU AND HELP THEM “HAPPEN” TO THEIR CAREERS!
 WANT HELP FINDING THE WORK THAT FITS YOU?

Are you ready to negotiate a new career title, but aren’t quite sure what that may be yet? Check out our FREE 8-day course to “Figure Out What you Really Want for Your Career!”

For helping finding YOUR signature strengths, enroll in our FREE 8-day video course at figureitout.co!

What is debt holding you back from?

ABOUT THIS EPISODE

Alyssa joins Scott on the mic to give us a candid, behind-the-scenes look at what the road to freedom from debt was really like for the Barlows.  Scott and Alyssa paid off over $130,000 in debt over a period of 3 and a half years.  They take us through their journey, from accumulating the debt to what finally sparked them to make a change.

Think you don’t make enough money to get out of debt?

Can’t seem to see how it could be possible for you?

Alyssa says it’s all about setting your sights on the bigger goal and keeping that goal in mind when times get tough.  There will be sacrifices to make and tough decisions along the way, but if you are pursuing what’s meaningful to you, you will do what it takes to get there.

WHAT YOU WILL LEARN:
  • How easy it is to fall into debt in the first place!
  • The importance of aligning with your spouse on common goals when working your way out of debt
  • The power of knowing what you want – you can accomplish anything once you’ve got clarity in your goals!

For more information on finances and career:

For more information on how to ask for (and get) a raise at work:

Also mentioned in the episode:

How to Pay Off Six Figures of Debt – Alyssa’s post on Classy Career Girl

Total Money Makeover by Dave Ramsey – one of Scott’s top-recommended career books!

GET IN TOUCH WITH US!

Email Scott@happentoyourcareer.com

Come join us over on Facebook in our Work You Love OneStop group!  Get the support, information, and encouragement you need!

LOVE THE SHOW? SUBSCRIBE TO THE HAPPEN TO YOUR CAREER PODCAST:

iTunes

Stitcher

RSS

WE WOULD LOVE IT IF YOU WOULD CONSIDER LEAVING US A REVIEW!  EACH REVIEW ALLOWS US TO REACH MORE FOLKS JUST LIKE YOU AND HELP THEM “HAPPEN” TO THEIR CAREERS!
WANT HELP FINDING THE WORK THAT FITS YOU?

 Click to enroll in our FREE 8-day course!

Love Your Work, Love Your Life with Anna Runyan

ABOUT ANNA RUNYAN

How would it feel to be working at something you are truly passionate about?

How would it impact the rest of your life?

Anna Runyan, founder of Classy Career Girl, named one of the 35 most influential career sites of 2014 by Forbes Magazine, takes us step-by-step through her transition from corporate consultant with a blogging hobby to running a full-time business doing what she loves, helping women to find and launch their dream careers or businesses!

Anna was kind enough to make two of her signature training workshops available to HTYC listeners:

If you are interested in changing careers, you can sign up for her free virtual workshop designed to help you determine your calling and ideal career fit.

If you are ready get started doing your own thing, you’ll want to register for her free training on how to plan your exit from the corporate rat race and start a business!

WHAT YOU WILL LEARN
  • How you can start your own “networking challenge” to kickstart a business or new career!
  • How mentorship and coaching can accelerate your transition to work you’ll love!
  • And if you’re thinking about starting an online business, you will get the full scoop on how Anna took her blogging hobby to full-time business designed to fit her life.
RELEVANT LINKS AND RESOURCES

For help finding work that fits you, register for our free 8-day video course!

Classy Career Girl 

For more information on finding the work that fits the life you want:

GET IN TOUCH WITH ANNA!

Twitter: @ClassyCareer

Facebook: Classy Career Girl

Whether you’re looking to move into a new career or whether you’re ready to step out on your own and start a business, Anna has a training to fit your needs.

In her FREE Love Your Career 2.0 virtual workshop, you’ll learn how to finally get yourself out of the job search cycle!  If you’ve been feeling stuck trying to figure out what your next step should be, fighting off feelings of not being good enough, or if you’re just plain frustrated with your job search, this is the training for you.

Are you ready to be your own boss?  Anna’s FREE Corporate Rescue Plan workshop will show you how you can ditch your day job and build a business that’s right for you.  Learn how to avoid the biggest mistakes people make when they make the leap from a day job to their own business.  Find out about little known (yet easy) strategies you can use to work less and make more!

GET IN TOUCH WITH US!

Email:  Scott@happentoyourcareer.com

Twitter: @htycbiz and @scottabarlow 

Follow us on Facebook

LOVE THE SHOW? SUBSCRIBE TO THE HAPPEN TO YOUR CAREER PODCAST:

iTunes

Stitcher

RSS

LEAVE US A REVIEW AND HELP US TO REACH MORE FOLKS JUST LIKE YOU AND HELP THEM “HAPPEN” TO THEIR CAREERS!

Come join us over on Facebook in our Work You Love OneStop group! 

Get the support, information, and encouragement you need to move to work you’ll love!

WANT HELP FINDING THE WORK THAT FITS YOU?

Click to enroll in our FREE 8-day course!

Design the Life You Want with Clark Vandeventer

ABOUT CLARK VANDEVENTER

We’re told to go to school, get a great job with the best salary possible, and then to build our lives accordingly.  But, what if we could turn this approach around?  

What if we designed our lives first and then went out and earned to support living the way we truly wanted?  Clark Vandeventer and his family have done just that.  If you’ve ever been curious about becoming location-independent, this is the episode for you!

At 26, Clark had a stable job making a great income, but he knew the trajectory he was on was not taking him where he wanted to go.  He quit his job and from there, has experienced some dramatic ups and downs – including running for Congress and moving his family into his in-laws’ garage!

But, at this point, he and his family have managed to design their lives around what truly matters to them.  They’ve developed a system for generating income from diverse sources and have found a way to live on their own terms.

Clark is the author of the book, Unworking: Exit the Rat Race, Live Like a Millionaire, and Be Happy Now.

WHAT YOU WILL LEARN
  • Why the approach most people take in building their lives and lifestyles around their salaries is actually backwards!
  • Interested in becoming location-independen? – Clark describes his family’s “Patchwork Income” method that allows them the freedom to live life on their terms!
  • And hear Clark’s tips on traveling the world with kids!

For help finding work that fits you, try our free 8-day video course!

Unworking: Exit the Rat Race, Live Like a Millionaire, and Be Happy Now

For more information on finding the work that fits the life you want:

For more info on travel and location independent life:

HTYC 104 Taking the Path of Most Excitement with Matt Williams

GET IN TOUCH WITH CLARK!

Twitter: @ClarkVand

GET IN TOUCH WITH US!

Email:  Scott@happentoyourcareer.com

Twitter: @htycbiz and @scottabarlow 

Follow us on Facebook

LOVE THE SHOW? SUBSCRIBE TO THE HAPPEN TO YOUR CAREER PODCAST:

iTunes

Stitcher

RSS

LEAVE US A REVIEW AND HELP US TO REACH MORE FOLKS JUST LIKE YOU AND HELP THEM “HAPPEN” TO THEIR CAREERS!

Get the support, information, and encouragement you need to move to work you’ll love!

WANT HELP FINDING THE WORK THAT FITS YOU?

Click to enroll in our FREE 8-day course!