1 00:00:00,160 --> 00:00:02,840 Speaker 1: Welcome to How the Money. I'm Joel and I and Matt. 2 00:00:03,080 --> 00:00:26,200 Speaker 1: Today we're discussing career, pivoting and a changing economy. Yeah, man, pivoting. 3 00:00:26,480 --> 00:00:29,440 Speaker 1: That's one of those fancy business terms, right, like we 4 00:00:29,480 --> 00:00:32,800 Speaker 1: need to we need a title that includes pivoting, synergy 5 00:00:33,280 --> 00:00:38,880 Speaker 1: and these days like virtual, I guess all the buzzwords, yeah, 6 00:00:38,880 --> 00:00:41,640 Speaker 1: all the hot technical terms that people are incorporating into 7 00:00:41,880 --> 00:00:43,840 Speaker 1: business these days. But that is what we're gonna talk about. 8 00:00:43,840 --> 00:00:46,600 Speaker 1: We're talking specifically about pivoting, what that might look like 9 00:00:46,640 --> 00:00:49,160 Speaker 1: for a lot of people these days, and then how 10 00:00:49,240 --> 00:00:51,159 Speaker 1: to actually do that. Well, we're gonna wrap the episode 11 00:00:51,240 --> 00:00:53,880 Speaker 1: up with some steps there, man. Yeah, buddy, I'm really 12 00:00:53,920 --> 00:00:55,200 Speaker 1: looking forward to this one, and I think this is 13 00:00:55,200 --> 00:00:57,480 Speaker 1: gonna help a lot of folks really to to just 14 00:00:57,560 --> 00:01:00,200 Speaker 1: look ahead and maybe to look at the world with 15 00:01:00,200 --> 00:01:02,040 Speaker 1: a different light. That's what I hope for us to 16 00:01:02,080 --> 00:01:04,120 Speaker 1: accomplish today. Yeah, there are a lot more people that 17 00:01:04,240 --> 00:01:07,280 Speaker 1: probably need to look into a pivot right now when 18 00:01:07,280 --> 00:01:09,240 Speaker 1: it comes to their career. There are other people who 19 00:01:09,440 --> 00:01:11,720 Speaker 1: might just want to make a change, And no matter 20 00:01:11,760 --> 00:01:13,920 Speaker 1: where you fall in that spectrum, I think this episode 21 00:01:13,959 --> 00:01:15,760 Speaker 1: is gonna help you out. So Matt. But before we 22 00:01:15,800 --> 00:01:18,160 Speaker 1: get to that, it is it's May, and it's uh, 23 00:01:18,240 --> 00:01:19,800 Speaker 1: it's getting hot, and a lot of people are starting 24 00:01:19,800 --> 00:01:22,240 Speaker 1: to think about the next trip they're gonna take. And 25 00:01:22,360 --> 00:01:24,959 Speaker 1: you know, beaches, whether beaches are open or not, right, 26 00:01:25,280 --> 00:01:27,520 Speaker 1: and talking about a spectrum, people are gonna come down 27 00:01:27,560 --> 00:01:29,480 Speaker 1: all over that spectrum of whether they actually want to 28 00:01:29,560 --> 00:01:32,600 Speaker 1: be at a beach anytime soon or not. But from 29 00:01:32,600 --> 00:01:34,759 Speaker 1: the pictures I've seen, I think people are social distancing 30 00:01:34,800 --> 00:01:36,280 Speaker 1: well at the beach and so that's a good sign. 31 00:01:36,440 --> 00:01:38,080 Speaker 1: So maybe people can't go to the beach and be safe, 32 00:01:38,080 --> 00:01:40,640 Speaker 1: I hope. So it all comes down to the photography, 33 00:01:41,400 --> 00:01:44,000 Speaker 1: because if you shoot down a beach with a really 34 00:01:44,000 --> 00:01:46,200 Speaker 1: long lens, you know, like just the way distance and 35 00:01:46,280 --> 00:01:48,200 Speaker 1: lenses work at stacks, everybody on top of each other, 36 00:01:48,240 --> 00:01:50,680 Speaker 1: and it looks crazy crowded. But if you're sitting there 37 00:01:50,720 --> 00:01:53,600 Speaker 1: in person, in reality, the closest person to you might 38 00:01:53,640 --> 00:01:56,080 Speaker 1: be fifteen or twenty feet. But again, when you're shooting 39 00:01:56,080 --> 00:01:58,000 Speaker 1: it from the side that kind of thing, it really 40 00:01:58,000 --> 00:02:01,800 Speaker 1: does look insane and and people cast a lot of judgment, 41 00:02:01,840 --> 00:02:04,240 Speaker 1: I think, but uh, we don't judge, but we also 42 00:02:04,280 --> 00:02:05,760 Speaker 1: know that, yeah, there are steps that we need to 43 00:02:05,800 --> 00:02:08,320 Speaker 1: take in order to be smart and to be proactive 44 00:02:08,400 --> 00:02:11,959 Speaker 1: as we are continuing to to live with this virus. Yeah, 45 00:02:11,960 --> 00:02:13,720 Speaker 1: and no matter whether you are going to the beach 46 00:02:13,840 --> 00:02:16,360 Speaker 1: or you're avoiding it, you're probably gonna need sunscreen at 47 00:02:16,360 --> 00:02:18,280 Speaker 1: some point this summer, whether you're just going on longer 48 00:02:18,280 --> 00:02:20,720 Speaker 1: walks with the fam. Uh, sunscreen is kind of one 49 00:02:20,720 --> 00:02:22,919 Speaker 1: of those must haves. And so man, I thought it 50 00:02:22,960 --> 00:02:25,919 Speaker 1: was appropriate to bring up how much we pay for sunscreen. 51 00:02:26,000 --> 00:02:28,919 Speaker 1: Sunscreen talk, a little sunscreen talk, get sexy with the 52 00:02:28,919 --> 00:02:31,919 Speaker 1: sunscreen talk, And Yeah, I think a lot of people assume, 53 00:02:32,000 --> 00:02:33,880 Speaker 1: most of us assume that if we pay more for something, 54 00:02:33,880 --> 00:02:36,240 Speaker 1: we're going to get more value. And you know, you 55 00:02:36,240 --> 00:02:38,160 Speaker 1: and I both agree that that is the case on 56 00:02:38,280 --> 00:02:40,920 Speaker 1: certain things, that it's worth it to pay more for 57 00:02:41,000 --> 00:02:43,480 Speaker 1: things that are actually going to be better. But when 58 00:02:43,520 --> 00:02:45,800 Speaker 1: you take a look at sunscreen, that's not actually the case. 59 00:02:46,160 --> 00:02:49,119 Speaker 1: And some of the cheaper sunscreens are just as effective. 60 00:02:49,639 --> 00:02:53,160 Speaker 1: Most sunscreen does pretty much the exact same thing. So 61 00:02:53,560 --> 00:02:57,240 Speaker 1: I looked up the Consumer Reports ratings of sunscreen and 62 00:02:57,280 --> 00:02:59,640 Speaker 1: they actually say that two of the cheapest sunscreens are 63 00:02:59,680 --> 00:03:03,640 Speaker 1: the bad Trader Joe's has a fifty SPF sunscreen that 64 00:03:03,840 --> 00:03:07,440 Speaker 1: is rated really really highly and uh, Copper Tone Ultra 65 00:03:07,480 --> 00:03:10,000 Speaker 1: Guard apparently is the lotion that's most highly rated. And 66 00:03:10,000 --> 00:03:12,280 Speaker 1: so yeah, just for folks out there who are thinking, Okay, 67 00:03:12,360 --> 00:03:14,040 Speaker 1: do I need to spend a lot of money to 68 00:03:14,040 --> 00:03:17,120 Speaker 1: get fancy sunscreen from my family, No, you don't. And really, 69 00:03:17,200 --> 00:03:19,919 Speaker 1: these cheaper brands are actually gonna be just fine for 70 00:03:20,040 --> 00:03:22,760 Speaker 1: keeping your skin safe during the summer season when we're 71 00:03:22,840 --> 00:03:25,440 Speaker 1: using more and more sunscreen. And I saw another article too, 72 00:03:25,480 --> 00:03:28,200 Speaker 1: man that referenced the A A D. Which do you 73 00:03:28,200 --> 00:03:29,720 Speaker 1: know what that stands for? It it's gotta be like 74 00:03:29,720 --> 00:03:32,640 Speaker 1: the Association of Dermatology something like that. Yes, the American 75 00:03:32,800 --> 00:03:36,320 Speaker 1: I think it's the American Academy of Dermatologists something like that. 76 00:03:36,720 --> 00:03:38,360 Speaker 1: But there's an article that referenced them, as well as 77 00:03:38,360 --> 00:03:40,400 Speaker 1: the Mayo Clinic. And one of the things they pointed 78 00:03:40,400 --> 00:03:41,960 Speaker 1: out was that a lot of times we also think 79 00:03:42,000 --> 00:03:43,880 Speaker 1: not just the more money we spend on something, but 80 00:03:43,920 --> 00:03:46,960 Speaker 1: the higher SPF the better. Like so you see fifty 81 00:03:47,160 --> 00:03:50,280 Speaker 1: or maybe seventy five SPF, some of us super pale 82 00:03:50,320 --> 00:03:53,080 Speaker 1: people need a three hund lest we think we do exactly. 83 00:03:53,120 --> 00:03:55,640 Speaker 1: That's the thing that's that's what you think. But in reality, 84 00:03:55,720 --> 00:03:59,440 Speaker 1: SPF thirty it covers ninety seven per cent of the 85 00:03:59,560 --> 00:04:01,880 Speaker 1: UVB raise and that's what that's what burns your skin, 86 00:04:02,320 --> 00:04:05,160 Speaker 1: and so that's an overwhelming majority of the amount of 87 00:04:05,400 --> 00:04:09,400 Speaker 1: sun protection that you need. Right. Uh. SPF fifty it increases. 88 00:04:11,680 --> 00:04:14,240 Speaker 1: And so if you are looking at a specific brand 89 00:04:14,480 --> 00:04:17,159 Speaker 1: and you know the SPF fifty costs way more, you're 90 00:04:17,160 --> 00:04:20,039 Speaker 1: only paying for one percent more. So only maybe if 91 00:04:20,080 --> 00:04:22,880 Speaker 1: if it's the same price, or obviously if you need 92 00:04:23,279 --> 00:04:26,560 Speaker 1: that extra coverage if you are super pale because you're 93 00:04:26,600 --> 00:04:30,400 Speaker 1: from Norway, like we're susceptible to skin issues exactly. That's 94 00:04:30,440 --> 00:04:32,120 Speaker 1: an instance where you don't want to skimp right when 95 00:04:32,120 --> 00:04:34,040 Speaker 1: it comes to your health. But I really I found 96 00:04:34,080 --> 00:04:36,240 Speaker 1: that really interesting. And one other tidbit in there too 97 00:04:36,400 --> 00:04:40,120 Speaker 1: is that they referenced how sunscreen like when it's been 98 00:04:40,120 --> 00:04:42,000 Speaker 1: sitting around from a previous season, you just don't know 99 00:04:42,040 --> 00:04:44,479 Speaker 1: whether it's good or not, right right. Uh. They said 100 00:04:44,560 --> 00:04:47,320 Speaker 1: that for the most part, sunscreen has a shelf life 101 00:04:47,680 --> 00:04:50,839 Speaker 1: three years. Because I bought some last year at the 102 00:04:50,839 --> 00:04:52,719 Speaker 1: local thrift store and my wife kind of gave me 103 00:04:52,760 --> 00:04:55,360 Speaker 1: crap for it, but it worked. Just fine. So, oh 104 00:04:55,400 --> 00:04:58,760 Speaker 1: my gosh, we're gonna hear from my dermatologists that say, dude, 105 00:04:58,800 --> 00:05:00,280 Speaker 1: you have no idea how well that's the the screen 106 00:05:00,440 --> 00:05:02,039 Speaker 1: is No, no, I could tell them, but I could 107 00:05:02,040 --> 00:05:03,760 Speaker 1: tell on the on the bottom there was an expiration 108 00:05:03,920 --> 00:05:05,560 Speaker 1: date on there. There was an expiration date. It was 109 00:05:05,560 --> 00:05:07,800 Speaker 1: still within the expiration date. I always gave me crap, 110 00:05:07,800 --> 00:05:09,920 Speaker 1: but we still used it that summer and weren't work. Yeah, 111 00:05:10,000 --> 00:05:13,239 Speaker 1: it was worth great. Who let's see the threat store 112 00:05:13,320 --> 00:05:17,840 Speaker 1: and find sunscreen? You doinite? Yeah, so all that beans said, 113 00:05:17,880 --> 00:05:21,440 Speaker 1: we're good with sunscreen that was manufactured in or I 114 00:05:21,440 --> 00:05:23,320 Speaker 1: guess if it has an expiration date on it, you 115 00:05:23,360 --> 00:05:25,159 Speaker 1: can just refer to that. But I found that really 116 00:05:25,240 --> 00:05:27,440 Speaker 1: interesting and helpful as well, because I know I found 117 00:05:27,480 --> 00:05:28,960 Speaker 1: that in the spring or early in the summer, you 118 00:05:29,040 --> 00:05:31,039 Speaker 1: kind of pulled out last year sunscreen and you think, 119 00:05:32,800 --> 00:05:35,240 Speaker 1: is this even gonna work? But give it a good 120 00:05:35,240 --> 00:05:37,560 Speaker 1: shake and lather up that skin, and yeah, I get protected. 121 00:05:37,600 --> 00:05:40,400 Speaker 1: All right. Well, yeah, don't cheap out on your health, 122 00:05:40,440 --> 00:05:42,279 Speaker 1: don't cheap it on your skin. But you can buy 123 00:05:42,279 --> 00:05:44,480 Speaker 1: the cheap sunscreen and you'll be just fine. And and 124 00:05:44,560 --> 00:05:47,080 Speaker 1: you look at the ratings, those those ratings in places 125 00:05:47,080 --> 00:05:49,479 Speaker 1: like consumer Reports can be a really helpful guide to 126 00:05:49,560 --> 00:05:52,680 Speaker 1: buy the stuff that actually works the best, and oftentimes 127 00:05:52,720 --> 00:05:54,599 Speaker 1: it's the cheapest show. Or what else you can do? 128 00:05:54,800 --> 00:05:59,160 Speaker 1: You can go, uh, Dad's cheek like I do, and uh, 129 00:05:59,400 --> 00:06:01,440 Speaker 1: we're a long sleeve shirts. Just wear clothes on the 130 00:06:01,440 --> 00:06:03,320 Speaker 1: beach anytime I'm not in the water. These days, I 131 00:06:03,360 --> 00:06:05,359 Speaker 1: feel like I'm always wearing like a giant hat and 132 00:06:05,400 --> 00:06:08,120 Speaker 1: a long, a nice loose fitting long sleeve shirt because 133 00:06:08,160 --> 00:06:10,120 Speaker 1: that costs nothing. Are already owned that shirt, And so 134 00:06:10,200 --> 00:06:12,679 Speaker 1: I'm gonna say that sunscreen for the kids there You alright, 135 00:06:12,720 --> 00:06:14,760 Speaker 1: good point. You have four kids to slather up, so 136 00:06:14,800 --> 00:06:17,120 Speaker 1: it makes sense. Yeah, that's true. All right. Alice mentioned 137 00:06:17,120 --> 00:06:18,680 Speaker 1: the beer that we're having on the show today. We're 138 00:06:18,720 --> 00:06:22,080 Speaker 1: drinking a beer called Twisted Galaxy by Toppling Goliath. It's 139 00:06:22,080 --> 00:06:24,200 Speaker 1: a double I p A. And we'll give our thoughts 140 00:06:24,200 --> 00:06:25,760 Speaker 1: on this beer at the end of the show. Yeah, man, 141 00:06:25,760 --> 00:06:27,080 Speaker 1: And this one was sent to us by a listener, 142 00:06:27,120 --> 00:06:30,040 Speaker 1: Joe up in Minnesota, where maybe there is a less 143 00:06:30,040 --> 00:06:32,799 Speaker 1: need for sunscreen just as much of a need for beer. 144 00:06:32,839 --> 00:06:34,760 Speaker 1: But yeah, so yeah, we'll share our thoughts on this 145 00:06:34,800 --> 00:06:36,680 Speaker 1: beer at the end of the episode, all right, Matt, 146 00:06:36,720 --> 00:06:39,159 Speaker 1: onto the topic of hand. We're talking about career pivoting 147 00:06:39,400 --> 00:06:43,239 Speaker 1: and a changing economy, and change can be a little frightening, 148 00:06:43,520 --> 00:06:45,479 Speaker 1: but it really is the only constant right there. There's 149 00:06:45,520 --> 00:06:48,719 Speaker 1: no lack of change in our lives. Changes something that 150 00:06:48,760 --> 00:06:51,800 Speaker 1: happens whether we want it or not. It's inevitable. And 151 00:06:51,839 --> 00:06:53,880 Speaker 1: recently on the podcast, Matt, we spoke with far News 152 00:06:53,920 --> 00:06:56,719 Speaker 1: to Robbie, and I really appreciated one thing in particular 153 00:06:56,720 --> 00:06:58,960 Speaker 1: that she said. She said that even if you've lost 154 00:06:58,960 --> 00:07:00,919 Speaker 1: your job due to COVID, right, and we've seen just 155 00:07:01,080 --> 00:07:05,080 Speaker 1: massive unemployment numbers. It's been heart wrenching to see the 156 00:07:05,160 --> 00:07:07,840 Speaker 1: unemployment numbers get reported because it's gotten worse and worse, 157 00:07:07,880 --> 00:07:10,000 Speaker 1: and I feel for everybody who's who's lost their job. 158 00:07:10,440 --> 00:07:13,080 Speaker 1: But even if you've lost your job, you still have 159 00:07:13,200 --> 00:07:16,400 Speaker 1: your skills, you still have your network, And it's so true. 160 00:07:16,440 --> 00:07:18,400 Speaker 1: She's so right. And so even though I know that 161 00:07:18,480 --> 00:07:20,720 Speaker 1: losing a job can be super hard, it happened to 162 00:07:20,720 --> 00:07:23,120 Speaker 1: my dad when I was a kid. I've never forgotten 163 00:07:23,120 --> 00:07:24,680 Speaker 1: that told that that took on our family, That was 164 00:07:24,680 --> 00:07:27,560 Speaker 1: such a difficult experience for my dad, in particular, but 165 00:07:27,560 --> 00:07:29,280 Speaker 1: but then for all of us as a family unit, 166 00:07:29,640 --> 00:07:32,400 Speaker 1: I know that something like that it affects you on 167 00:07:32,440 --> 00:07:35,200 Speaker 1: more than just a loss of income scale, and hopefully 168 00:07:35,200 --> 00:07:37,840 Speaker 1: the COVID impact, it's more of an economic bump in 169 00:07:37,880 --> 00:07:40,240 Speaker 1: the road and not some sort of massive pothole. But 170 00:07:40,280 --> 00:07:42,080 Speaker 1: either way, it's important to know that you do have 171 00:07:42,200 --> 00:07:45,080 Speaker 1: resources at your disposal and to figure out what those 172 00:07:45,120 --> 00:07:48,679 Speaker 1: are so that you can pivot well in this changing economy. Yeah, Juel, 173 00:07:48,720 --> 00:07:51,600 Speaker 1: you know, the economy, it really is changing before our 174 00:07:51,680 --> 00:07:54,000 Speaker 1: very eyes. You know, it's not terribly dissimilar from the 175 00:07:54,040 --> 00:07:56,840 Speaker 1: way nine and eleven changed our government as well as 176 00:07:56,880 --> 00:07:59,640 Speaker 1: business practices, you know, back then. It really seems that 177 00:07:59,640 --> 00:08:02,880 Speaker 1: we're see industries that were in a slow decline massively 178 00:08:02,920 --> 00:08:06,600 Speaker 1: accelerating towards demise. In particular, I'm thinking of like brick 179 00:08:06,600 --> 00:08:11,760 Speaker 1: and mortar retail locations, like clothing retailers, specifically Jay Crew. Yeah, 180 00:08:11,720 --> 00:08:14,000 Speaker 1: I'm doing well at all. They're not the only ones, right, 181 00:08:14,280 --> 00:08:16,440 Speaker 1: and we're seeing other industries that were fairly new and 182 00:08:16,520 --> 00:08:19,560 Speaker 1: unproven being tested in real time. For example, I'm thinking 183 00:08:19,600 --> 00:08:23,040 Speaker 1: of like online learning platforms. We're seeing explosive growth when 184 00:08:23,040 --> 00:08:25,320 Speaker 1: it comes to some of that software. I'm also thinking 185 00:08:25,320 --> 00:08:28,200 Speaker 1: of online shopping and grocery delivery. They were of course 186 00:08:28,280 --> 00:08:30,600 Speaker 1: becoming a standard for a lot of households. But companies 187 00:08:30,600 --> 00:08:33,920 Speaker 1: in both of these industries are seeing massive expansion as well, 188 00:08:34,280 --> 00:08:36,440 Speaker 1: and who knows if that is going to be affected 189 00:08:36,520 --> 00:08:38,719 Speaker 1: by the changing economy as well. Right, just like we've 190 00:08:38,720 --> 00:08:42,800 Speaker 1: seen businesses that have been on the path of slow demise, 191 00:08:42,800 --> 00:08:46,080 Speaker 1: we've seen that accelerated drastically. It's it's a more painful 192 00:08:46,160 --> 00:08:48,760 Speaker 1: change because of the circumstances. And I think we're going 193 00:08:48,800 --> 00:08:51,040 Speaker 1: to see something similar to that when it comes to 194 00:08:51,720 --> 00:08:54,440 Speaker 1: the workforce and the jobs that we have. Uh, you know, 195 00:08:54,480 --> 00:08:56,240 Speaker 1: so whether we like it or not, the chances that 196 00:08:56,280 --> 00:08:59,320 Speaker 1: will want to or have to pivot when it comes 197 00:08:59,320 --> 00:09:01,520 Speaker 1: to our careers, I think it's pretty high. Yeah, Matt 198 00:09:01,520 --> 00:09:03,560 Speaker 1: long gone. Or the days where we work for one 199 00:09:03,600 --> 00:09:06,120 Speaker 1: company for thirty five years, we collect a pension after 200 00:09:06,160 --> 00:09:09,079 Speaker 1: we retire, That's just not the norm in today's society. 201 00:09:09,160 --> 00:09:10,880 Speaker 1: And you know, working at one place for four years 202 00:09:10,880 --> 00:09:12,160 Speaker 1: and then moving on to the next place. I mean, 203 00:09:12,200 --> 00:09:15,000 Speaker 1: we could have ten eleven jobs over the course of 204 00:09:15,000 --> 00:09:17,240 Speaker 1: our working lifetime. That's a lot of different companies work 205 00:09:17,280 --> 00:09:18,480 Speaker 1: for and at the same time, people are gonna be 206 00:09:18,480 --> 00:09:21,840 Speaker 1: working in different fields inside of those jobs. So yeah, 207 00:09:21,840 --> 00:09:23,599 Speaker 1: the flexibility we need to have to be able to 208 00:09:23,640 --> 00:09:26,400 Speaker 1: pivot is amplified right now. And so it's really important, 209 00:09:26,400 --> 00:09:28,320 Speaker 1: I think, for us to talk about the word pivot 210 00:09:28,320 --> 00:09:30,800 Speaker 1: and what it means, because it can be an awkward term, 211 00:09:30,880 --> 00:09:33,600 Speaker 1: an awkward business e term. And so the first thing 212 00:09:33,600 --> 00:09:35,120 Speaker 1: I think about when I think about the word pivot 213 00:09:35,559 --> 00:09:38,960 Speaker 1: is my youth basketball days. They were not good days. 214 00:09:39,480 --> 00:09:41,480 Speaker 1: Those are the days of your Scottie Pippens, right, the 215 00:09:41,679 --> 00:09:43,120 Speaker 1: shoes that you had, they were the best shoes I've 216 00:09:43,120 --> 00:09:45,240 Speaker 1: ever They were cool. So I can't help but to 217 00:09:45,240 --> 00:09:47,960 Speaker 1: think of the Friends episode where Ross and Chandler are 218 00:09:48,000 --> 00:09:50,240 Speaker 1: are moving the like a sofa or something like that. 219 00:09:50,280 --> 00:09:53,199 Speaker 1: It's like pivot. I never really watched that show, but 220 00:09:53,800 --> 00:09:55,400 Speaker 1: it was good, all right, I'll to look it up. 221 00:09:55,559 --> 00:09:57,079 Speaker 1: But so yeah, I don't think of Friends. I think 222 00:09:57,080 --> 00:10:00,360 Speaker 1: about my my youth basketball days. And I was for tall. 223 00:10:00,440 --> 00:10:02,280 Speaker 1: People thought I should be able to dunk or be 224 00:10:02,320 --> 00:10:06,240 Speaker 1: good at basketball. At least neither were true. Um, but 225 00:10:06,559 --> 00:10:09,079 Speaker 1: that pivot foot, I remember, it was crucial if you 226 00:10:09,120 --> 00:10:11,080 Speaker 1: want to get to the hoop. That strong pivot in 227 00:10:11,160 --> 00:10:13,120 Speaker 1: order to be able to turn on a dime was 228 00:10:13,160 --> 00:10:14,920 Speaker 1: a major help in whether or not you're going to 229 00:10:15,000 --> 00:10:17,360 Speaker 1: be a good basketball player down to the paint and 230 00:10:17,559 --> 00:10:19,120 Speaker 1: or if you're gonna be able to to make that 231 00:10:19,200 --> 00:10:21,360 Speaker 1: layup on a fast break if you could pivot strongly 232 00:10:21,640 --> 00:10:23,800 Speaker 1: and so basically needs to turn or to rotate. Is 233 00:10:23,800 --> 00:10:25,480 Speaker 1: that pivot foot that allows you to cut to the 234 00:10:25,480 --> 00:10:28,160 Speaker 1: basket when otherwise you were headed for the out of 235 00:10:28,160 --> 00:10:30,360 Speaker 1: bounds line. And so, yeah, hopefully that puts an idea 236 00:10:30,400 --> 00:10:32,360 Speaker 1: in your mind of what it looks like. It's planting 237 00:10:32,400 --> 00:10:33,880 Speaker 1: that foot so that you can turn on a dime 238 00:10:33,880 --> 00:10:35,840 Speaker 1: to go in a different direction. That's kind of what 239 00:10:35,880 --> 00:10:38,199 Speaker 1: we're talking about, is that career pivot in order to 240 00:10:38,280 --> 00:10:40,199 Speaker 1: be able to do something different. And Matt, I want 241 00:10:40,240 --> 00:10:42,800 Speaker 1: to throw an example out there of an old school 242 00:10:42,800 --> 00:10:44,720 Speaker 1: business person who could show us what a good pivot 243 00:10:44,760 --> 00:10:47,840 Speaker 1: looks like. And it was the guy who founded Wrigley's Gum. 244 00:10:48,160 --> 00:10:49,600 Speaker 1: And it turns out what he was doing was he 245 00:10:49,640 --> 00:10:52,520 Speaker 1: was a salesperson for baking powder. I don't think they 246 00:10:52,520 --> 00:10:56,920 Speaker 1: have those people anymore, maybe not specifically for baking powder, 247 00:10:57,000 --> 00:11:00,000 Speaker 1: but maybe all of arm and hammer, right, Yeah, exactly, exactly. 248 00:11:00,400 --> 00:11:03,200 Speaker 1: But so he was selling baking powder business to business, 249 00:11:03,400 --> 00:11:05,160 Speaker 1: and he was giving away gum while he was doing 250 00:11:05,160 --> 00:11:07,480 Speaker 1: his work, and it turned out that his clients liked 251 00:11:07,520 --> 00:11:09,400 Speaker 1: the gum more than the other products he was selling. 252 00:11:09,800 --> 00:11:11,320 Speaker 1: So this light bulb went off and he said, I'm 253 00:11:11,320 --> 00:11:13,760 Speaker 1: gonna go into gum manufacturing. And so that's just kind 254 00:11:13,760 --> 00:11:16,440 Speaker 1: of the sweet pivot. You start to see what people 255 00:11:16,520 --> 00:11:19,560 Speaker 1: like about what you're providing, and maybe it's not your 256 00:11:19,559 --> 00:11:21,560 Speaker 1: bread and butter, maybe it's a side thing that you 257 00:11:21,640 --> 00:11:24,240 Speaker 1: had going on, and then you realize, oh wait, that's 258 00:11:24,280 --> 00:11:26,320 Speaker 1: the true gold. I'm gonna mind that, I'm gonna I'm 259 00:11:26,320 --> 00:11:28,480 Speaker 1: gonna pivot. I'm gonna make that my full time thing. 260 00:11:28,760 --> 00:11:30,920 Speaker 1: Or maybe you're realizing in your current job that it's 261 00:11:30,920 --> 00:11:34,040 Speaker 1: not utilizing your strongest abilities, your best skills, and so 262 00:11:34,080 --> 00:11:37,079 Speaker 1: it's time to pivot and use those more effectively, right yeah, man, 263 00:11:37,120 --> 00:11:40,280 Speaker 1: And sometimes too, it's not out of a desire to 264 00:11:40,280 --> 00:11:42,320 Speaker 1: to do something new, but it's out of a necessity, right, 265 00:11:42,400 --> 00:11:43,800 Speaker 1: Like I'm thinking of a couple of weeks ago, we 266 00:11:43,840 --> 00:11:46,840 Speaker 1: mentioned that that pub owner in the UK where he 267 00:11:47,080 --> 00:11:50,000 Speaker 1: was you know, obviously his bar is closed, his pub 268 00:11:50,080 --> 00:11:52,000 Speaker 1: is closed, but he switched it up and he is 269 00:11:52,040 --> 00:11:56,480 Speaker 1: now delivering his castcales to his customers. And I feel 270 00:11:56,520 --> 00:11:59,559 Speaker 1: like that's just an awesome opportunity where he saw the need, 271 00:11:59,600 --> 00:12:01,680 Speaker 1: figured out how he could solve that problem, and started 272 00:12:01,720 --> 00:12:04,520 Speaker 1: doing it. Who knows what that's going to continue to 273 00:12:04,520 --> 00:12:06,760 Speaker 1: look like for him, because he may have just started 274 00:12:06,800 --> 00:12:09,719 Speaker 1: a new beer delivery service, you know, And this is, 275 00:12:09,960 --> 00:12:12,160 Speaker 1: you know, an older guy, and so so maybe a 276 00:12:12,200 --> 00:12:13,800 Speaker 1: lot of folks who you know, maybe are in their 277 00:12:13,800 --> 00:12:18,120 Speaker 1: forties and fifties are possibly thinking of a career change 278 00:12:18,240 --> 00:12:21,240 Speaker 1: like this. But it's not always for folks who are 279 00:12:21,320 --> 00:12:23,120 Speaker 1: later in their career. You know, you might only have 280 00:12:23,160 --> 00:12:26,400 Speaker 1: a few years in the workforce, and maybe you already 281 00:12:26,440 --> 00:12:28,920 Speaker 1: realize that you would like to and potentially maybe you 282 00:12:28,960 --> 00:12:31,839 Speaker 1: even need to pursue a different career. And oftentimes I 283 00:12:31,880 --> 00:12:33,840 Speaker 1: think it might even be easier to pivot into something 284 00:12:33,880 --> 00:12:37,680 Speaker 1: else if you're younger, right before you become specialized. A 285 00:12:37,720 --> 00:12:39,559 Speaker 1: lot of that I think has to do with responsibilities 286 00:12:39,559 --> 00:12:42,079 Speaker 1: that you have. You know, typically, I think when you're younger, 287 00:12:42,120 --> 00:12:44,559 Speaker 1: you have fewer debt obligations. You don't have a giant 288 00:12:44,559 --> 00:12:47,600 Speaker 1: mortgage perhaps on a house. Uh, and you also haven't 289 00:12:47,640 --> 00:12:51,599 Speaker 1: been in a specific industry, you know, developing this specialty 290 00:12:51,600 --> 00:12:54,320 Speaker 1: where you have very specialized skills. I mean, I'm thinking 291 00:12:54,320 --> 00:12:56,400 Speaker 1: of like myself. Actually, So I used to be in 292 00:12:56,440 --> 00:12:58,600 Speaker 1: advertising and I worked there for a couple of years. 293 00:12:59,000 --> 00:13:01,360 Speaker 1: That happened to be right when the Great Recession was 294 00:13:01,400 --> 00:13:02,960 Speaker 1: going on and I was able to pivot out of 295 00:13:02,960 --> 00:13:05,520 Speaker 1: advertising and working for an agency. Uh it started my 296 00:13:05,559 --> 00:13:07,800 Speaker 1: own photography business. And by switching it up like that, 297 00:13:07,840 --> 00:13:09,880 Speaker 1: I was able to use skills that that suited me 298 00:13:09,920 --> 00:13:12,839 Speaker 1: a little bit better. But also just agency life kind 299 00:13:12,840 --> 00:13:15,080 Speaker 1: of didn't suit me right, just the showing up in 300 00:13:15,080 --> 00:13:17,160 Speaker 1: an office every day. I didn't really Let's just say 301 00:13:17,200 --> 00:13:19,000 Speaker 1: that it was my favorite thing to do. That mad 302 00:13:19,000 --> 00:13:21,520 Speaker 1: Men lifestyle didn't work out for you. If only it 303 00:13:21,600 --> 00:13:23,840 Speaker 1: was like that, I probably would have been Okay, fashions 304 00:13:23,840 --> 00:13:26,160 Speaker 1: at three pm every day, terrible for your liver actually. 305 00:13:26,920 --> 00:13:29,240 Speaker 1: But I was also able to make more money. I 306 00:13:29,240 --> 00:13:31,319 Speaker 1: mean literally, that first year that I went full time 307 00:13:31,320 --> 00:13:33,600 Speaker 1: with photography, I was able to make twice as much 308 00:13:33,640 --> 00:13:36,200 Speaker 1: as I was making the previous year working for a 309 00:13:36,240 --> 00:13:38,640 Speaker 1: real company. And that actually isn't saying much because I 310 00:13:38,679 --> 00:13:42,200 Speaker 1: was basically making just minimum wage, like barely thirty dollars 311 00:13:42,240 --> 00:13:45,200 Speaker 1: a year before taxes. But either way, we want folks 312 00:13:45,280 --> 00:13:47,800 Speaker 1: to to look for those different opportunities. Yeah, Matt, and 313 00:13:47,800 --> 00:13:50,120 Speaker 1: I feel like down economy sometimes that is the perfect 314 00:13:50,120 --> 00:13:52,440 Speaker 1: time to pivot. Although it doesn't always feel like that, 315 00:13:52,480 --> 00:13:54,640 Speaker 1: but that's what you did. A lot of people have 316 00:13:54,760 --> 00:13:57,160 Speaker 1: found a lot of success in starting their own thing 317 00:13:57,600 --> 00:14:00,280 Speaker 1: when the economy has been experiencing rough times. So as 318 00:14:00,280 --> 00:14:03,040 Speaker 1: workplaces are transforming and they're going to continue to do so, 319 00:14:03,320 --> 00:14:06,280 Speaker 1: it's important to think about where your particular skills are 320 00:14:06,320 --> 00:14:09,120 Speaker 1: going to fit well. It's obviously contingent on the work 321 00:14:09,160 --> 00:14:11,559 Speaker 1: you do, your personal goals, but but taking those into 322 00:14:11,600 --> 00:14:14,360 Speaker 1: account now might just be the perfect time to pivot 323 00:14:14,400 --> 00:14:17,160 Speaker 1: into something new, whether that's taking a new job in 324 00:14:17,160 --> 00:14:19,640 Speaker 1: the same industry, garnering new skills to help you break 325 00:14:19,680 --> 00:14:21,600 Speaker 1: into a new line of work, or even starting your 326 00:14:21,600 --> 00:14:23,600 Speaker 1: own business going on on your own. So we're gonna 327 00:14:23,600 --> 00:14:25,960 Speaker 1: talk more about how to pivot as the economy changes 328 00:14:26,200 --> 00:14:38,080 Speaker 1: right before our very eyes, right after the break, all right, 329 00:14:38,120 --> 00:14:39,920 Speaker 1: so we are back from the break. We're talking about 330 00:14:39,920 --> 00:14:43,320 Speaker 1: career pivoting and a changing economy. And before we dive 331 00:14:43,320 --> 00:14:46,360 Speaker 1: into you know, how to pivot, well, let's talk about 332 00:14:46,640 --> 00:14:49,040 Speaker 1: basically what pivoting looks like and what it could look 333 00:14:49,080 --> 00:14:51,160 Speaker 1: like for folks today, and we can start by talking 334 00:14:51,200 --> 00:14:54,600 Speaker 1: about what it doesn't look like. Specifically, we're not talking 335 00:14:54,640 --> 00:14:57,280 Speaker 1: about everybody learning how to code, because I feel like 336 00:14:57,280 --> 00:14:59,200 Speaker 1: that's like the typical answer. They're like, Oh, you just 337 00:14:59,240 --> 00:15:00,760 Speaker 1: need to learn how to code. Learn how to code, bro, 338 00:15:01,080 --> 00:15:03,520 Speaker 1: you'll be fine, exactly. And they're talking like fifty five 339 00:15:03,600 --> 00:15:07,560 Speaker 1: year old truck drivers who have probably not gonna happen, right, yeah, 340 00:15:07,600 --> 00:15:10,800 Speaker 1: who work in a completely different field and learning something 341 00:15:10,800 --> 00:15:12,960 Speaker 1: new at that point in time. She doesn't make a 342 00:15:13,000 --> 00:15:14,680 Speaker 1: whole lot of sense. And I think, yeah, sometimes that 343 00:15:14,920 --> 00:15:18,440 Speaker 1: continuing education, learn to code kind of thing is is 344 00:15:18,480 --> 00:15:20,920 Speaker 1: actually more harmful than it is helpful. And oftentimes, too, 345 00:15:20,960 --> 00:15:23,240 Speaker 1: that's a recipe for disaster. Like you're trying to fit 346 00:15:23,280 --> 00:15:25,800 Speaker 1: a square peg into a roundhole. It's not really gonna 347 00:15:25,840 --> 00:15:29,040 Speaker 1: work out. And you know, politicians, they might sound smart 348 00:15:29,080 --> 00:15:31,560 Speaker 1: too when they're talking about retraining the workforce for the 349 00:15:31,640 --> 00:15:34,080 Speaker 1: jobs of tomorrow, like that whole kind of mindset of 350 00:15:34,160 --> 00:15:36,560 Speaker 1: optimism and looking forward and oh, oh we need to 351 00:15:36,680 --> 00:15:38,880 Speaker 1: we need to be flexible. But oftentimes that is kind 352 00:15:38,920 --> 00:15:41,200 Speaker 1: of pie in the sky, right. Not many people are 353 00:15:41,240 --> 00:15:44,000 Speaker 1: helped by these kinds of retraining efforts. Uh, And so 354 00:15:44,040 --> 00:15:46,320 Speaker 1: we just wanted to make clear that this type of 355 00:15:46,360 --> 00:15:49,000 Speaker 1: message is not what we're trying to convey today. This 356 00:15:49,040 --> 00:15:51,040 Speaker 1: isn't what we're talking about. So like, on that note, 357 00:15:51,120 --> 00:15:53,440 Speaker 1: let's talk about what it will take in order to 358 00:15:53,560 --> 00:15:56,600 Speaker 1: pivot effectively. All right, let's do that. So, yeah, pivoting 359 00:15:56,960 --> 00:15:58,800 Speaker 1: does it require going back to school? I think that's 360 00:15:58,840 --> 00:16:01,840 Speaker 1: one question people might have is do I have to 361 00:16:01,880 --> 00:16:04,560 Speaker 1: go get an education? Do you have to spend money 362 00:16:04,600 --> 00:16:07,760 Speaker 1: in order to pivot and and do something different with 363 00:16:07,800 --> 00:16:10,040 Speaker 1: my life that could hopefully earn me more, be a 364 00:16:10,080 --> 00:16:13,160 Speaker 1: steady or paycheck, be something I enjoy doing more, and 365 00:16:13,680 --> 00:16:16,560 Speaker 1: school could be in your future. You could decide that 366 00:16:16,600 --> 00:16:19,880 Speaker 1: pursuing education or another decree will will help you make 367 00:16:19,920 --> 00:16:22,680 Speaker 1: the best pivot possible. And if that is the case, 368 00:16:22,880 --> 00:16:25,480 Speaker 1: I think tougher economic times are again a fantastic time 369 00:16:25,520 --> 00:16:27,360 Speaker 1: to go back to school, right, Matt. Recently we talked 370 00:16:27,360 --> 00:16:30,480 Speaker 1: about borrowing costs. They're greatly reduced right now for going 371 00:16:30,480 --> 00:16:32,640 Speaker 1: to school for this next term. It's gonna be so 372 00:16:32,720 --> 00:16:34,960 Speaker 1: much cheaper to take out that debt, which means it's 373 00:16:34,960 --> 00:16:37,800 Speaker 1: gonna weigh less heavily on you when you do graduate 374 00:16:37,840 --> 00:16:39,720 Speaker 1: with that degree. And at the same time, it's kind 375 00:16:39,760 --> 00:16:42,240 Speaker 1: of harder to find an awesome job right now. So 376 00:16:42,280 --> 00:16:44,840 Speaker 1: if the pivot you do want to make involves getting 377 00:16:45,080 --> 00:16:47,760 Speaker 1: another degree, well then now might be the perfect time 378 00:16:47,800 --> 00:16:50,680 Speaker 1: to do that. So don't write off higher education when 379 00:16:50,720 --> 00:16:53,160 Speaker 1: you're considering your next move, when you're considering the pivot 380 00:16:53,200 --> 00:16:55,480 Speaker 1: that you might need to make. And on that note, 381 00:16:55,480 --> 00:16:57,520 Speaker 1: I want to kind of provide a quick counter to that, 382 00:16:57,560 --> 00:16:59,760 Speaker 1: which is so on Monday's episode, We We Did, we 383 00:16:59,800 --> 00:17:02,280 Speaker 1: took listeners question Rick and he talked about how he 384 00:17:02,320 --> 00:17:05,800 Speaker 1: took a job at a hospital, getting experience and working 385 00:17:05,800 --> 00:17:08,080 Speaker 1: within the hospital setting. And obviously, if you want to 386 00:17:08,080 --> 00:17:10,439 Speaker 1: become a doctor, you gotta go to med school. You 387 00:17:10,480 --> 00:17:12,560 Speaker 1: can't just like work your way up the ranks. It's 388 00:17:12,560 --> 00:17:15,960 Speaker 1: not like being a podcaster up there and just start 389 00:17:16,000 --> 00:17:19,000 Speaker 1: dabbling around a little bit in neurosurgeon right uh, and 390 00:17:19,080 --> 00:17:21,480 Speaker 1: started working on people's brains. But I keep thinking about 391 00:17:21,520 --> 00:17:24,240 Speaker 1: how smart that was for him to do. In his case, 392 00:17:24,280 --> 00:17:26,000 Speaker 1: he was able to kind of get that experience and 393 00:17:26,400 --> 00:17:28,639 Speaker 1: get a feel for what hospital life was like. You 394 00:17:28,680 --> 00:17:30,880 Speaker 1: get a feel for for helping people when it comes 395 00:17:30,920 --> 00:17:33,040 Speaker 1: to your work. But I think there are a lot 396 00:17:33,080 --> 00:17:34,800 Speaker 1: of industries where folks can do that, where they can 397 00:17:34,840 --> 00:17:37,320 Speaker 1: kind of dabble a little bit and not necessarily take 398 00:17:37,320 --> 00:17:39,840 Speaker 1: those formal steps of education in order to kind of 399 00:17:39,840 --> 00:17:41,760 Speaker 1: get their foot in the door. So it might not 400 00:17:41,880 --> 00:17:46,080 Speaker 1: mean that additional formal education, however, it will likely mean 401 00:17:46,160 --> 00:17:48,639 Speaker 1: kind of brushing up on some specific skills that you have, 402 00:17:48,800 --> 00:17:51,440 Speaker 1: right Like these could be those hard skills that come 403 00:17:51,480 --> 00:17:54,120 Speaker 1: in handy with a specific job that you have to do. 404 00:17:54,480 --> 00:17:56,679 Speaker 1: And there are a lot of different resources online, but 405 00:17:56,880 --> 00:17:59,200 Speaker 1: especially given the pandemic, there have been a lot of 406 00:17:59,400 --> 00:18:02,159 Speaker 1: free option as well, like of course SAH you know, 407 00:18:02,160 --> 00:18:05,960 Speaker 1: they're offering their online catalog for free if you're unemployed. 408 00:18:06,400 --> 00:18:08,320 Speaker 1: There are a lot of resources out there for folks, 409 00:18:08,359 --> 00:18:11,000 Speaker 1: and we want folks to realize that there are channels 410 00:18:11,000 --> 00:18:14,200 Speaker 1: and there's ways to increase your knowledge without taking out 411 00:18:14,200 --> 00:18:16,480 Speaker 1: student loans, without you know, taking two years off of 412 00:18:16,560 --> 00:18:18,919 Speaker 1: not working in order to study and go to school. 413 00:18:19,119 --> 00:18:21,359 Speaker 1: But in addition to those hard skills, don't forget the 414 00:18:21,359 --> 00:18:24,360 Speaker 1: soft skills that are necessary to thriving in today's work 415 00:18:24,359 --> 00:18:27,280 Speaker 1: world as well. Oftentimes it's these soft skills that are 416 00:18:27,280 --> 00:18:31,040 Speaker 1: the most transferable regardless of the industry. That makes me 417 00:18:31,080 --> 00:18:33,440 Speaker 1: think of I think, I think it's warm Buffett. I 418 00:18:33,440 --> 00:18:36,480 Speaker 1: think he's got his graduation certificate from Toastmasters up on 419 00:18:36,520 --> 00:18:39,120 Speaker 1: the wall in his office. I think it's him. But yeah, 420 00:18:39,520 --> 00:18:43,080 Speaker 1: so many people have said that going through Toastmasters, which 421 00:18:43,560 --> 00:18:45,840 Speaker 1: is either free or just incredibly cheap, and there's all 422 00:18:45,880 --> 00:18:48,840 Speaker 1: these local chapters of Toastmasters. I think we've got a 423 00:18:48,840 --> 00:18:51,480 Speaker 1: couple in our area. But learning how to be a 424 00:18:51,480 --> 00:18:54,040 Speaker 1: better public speaker and getting together with other people and 425 00:18:54,080 --> 00:18:56,719 Speaker 1: actually practicing it is so helpful. And that is one 426 00:18:56,720 --> 00:18:59,600 Speaker 1: of those soft skills that does, regardless of the industry 427 00:18:59,600 --> 00:19:01,240 Speaker 1: you work in, have an effect on the kind of 428 00:19:01,320 --> 00:19:04,040 Speaker 1: jobs that you can potentially get. So in particular, Toastmasters 429 00:19:04,040 --> 00:19:05,359 Speaker 1: is one of those things that people could kind of 430 00:19:05,400 --> 00:19:07,600 Speaker 1: take a look at. But it's awesome to know that 431 00:19:07,640 --> 00:19:10,720 Speaker 1: there are resources like that. Outside of getting an extremely 432 00:19:10,720 --> 00:19:13,440 Speaker 1: expensive college degree, there are all these other ways in 433 00:19:13,440 --> 00:19:15,800 Speaker 1: which you can benefit yourself that cost very little money 434 00:19:16,040 --> 00:19:17,960 Speaker 1: and that can have a big impact on what you 435 00:19:17,960 --> 00:19:19,399 Speaker 1: do on a day to day basis. And a lot 436 00:19:19,400 --> 00:19:21,000 Speaker 1: of times too, you might be in a position to 437 00:19:21,040 --> 00:19:23,920 Speaker 1: where you're thinking, Okay, cool, What soft skills do I 438 00:19:23,960 --> 00:19:25,679 Speaker 1: need to work on? It's hard to know, right, Like 439 00:19:25,760 --> 00:19:27,879 Speaker 1: do I need to work on my communication? Do I 440 00:19:27,920 --> 00:19:30,040 Speaker 1: need to work on being a better team player or 441 00:19:30,080 --> 00:19:33,399 Speaker 1: being more adaptable or emotional intelligence. They're all these different 442 00:19:33,440 --> 00:19:36,280 Speaker 1: channels that kind of feed into what we consider soft skills. 443 00:19:36,440 --> 00:19:38,840 Speaker 1: And I think one of the best ways potentially to 444 00:19:38,920 --> 00:19:40,520 Speaker 1: figure out what you need to work on is to 445 00:19:40,720 --> 00:19:42,919 Speaker 1: ask your employer. You don't have to tell them that like, hey, 446 00:19:42,960 --> 00:19:45,320 Speaker 1: I'm I'm trying to better myself so that I can 447 00:19:45,440 --> 00:19:49,080 Speaker 1: pivot and take a job elsewhere, but literally go to 448 00:19:49,119 --> 00:19:51,680 Speaker 1: them and ask, like, what would make me a better employee? 449 00:19:51,920 --> 00:19:54,480 Speaker 1: A lot of time supervisors and bosses, they're probably gonna 450 00:19:54,520 --> 00:19:57,200 Speaker 1: have something to say. They're gonna have a pretty clear 451 00:19:57,280 --> 00:20:00,600 Speaker 1: understanding of of how you could be a your employee, 452 00:20:00,600 --> 00:20:03,639 Speaker 1: and certainly those things would also benefit other jobs and 453 00:20:03,720 --> 00:20:05,800 Speaker 1: other industries that you might find yourself in. Yeah, and 454 00:20:05,840 --> 00:20:07,399 Speaker 1: you might be able to just pivot your way up 455 00:20:07,440 --> 00:20:10,400 Speaker 1: the ladder where you currently work too. Sorry, Yeah, but 456 00:20:10,520 --> 00:20:12,159 Speaker 1: I think it's important to note to Matt that you 457 00:20:12,200 --> 00:20:14,600 Speaker 1: don't have to work for someone else, right, A good 458 00:20:14,600 --> 00:20:17,640 Speaker 1: pivot might mean starting your own thing. And it's never 459 00:20:17,720 --> 00:20:20,639 Speaker 1: been easier technologically to do that. Right when you started 460 00:20:20,640 --> 00:20:23,080 Speaker 1: in your own photography business, it was so much easier 461 00:20:23,119 --> 00:20:25,240 Speaker 1: to get the word out about a business that you 462 00:20:25,280 --> 00:20:28,320 Speaker 1: started ten years ago than it was thirty years ago. Facebook. 463 00:20:29,160 --> 00:20:31,560 Speaker 1: That's so much of our original business plan was based 464 00:20:31,600 --> 00:20:35,360 Speaker 1: on Facebook and the communication and the networking that it allows. Man. 465 00:20:35,400 --> 00:20:38,359 Speaker 1: I mean a lot of businesses today are still primarily 466 00:20:38,640 --> 00:20:41,840 Speaker 1: reliant on Facebook. But but but yeah, for us back then, man, 467 00:20:41,880 --> 00:20:44,399 Speaker 1: it was clutch. Yeah. And the great thing about having 468 00:20:44,440 --> 00:20:47,320 Speaker 1: your own business too, is that it becomes exactly what 469 00:20:47,400 --> 00:20:49,679 Speaker 1: you make of it. I think to Matt some sometimes 470 00:20:49,680 --> 00:20:51,560 Speaker 1: people think about starting their own business and it seems 471 00:20:51,600 --> 00:20:53,640 Speaker 1: like this really risky endeavor. Makes me think of our 472 00:20:53,680 --> 00:20:56,240 Speaker 1: conversation with Vincent Pugilisi, and I thought he had some 473 00:20:56,240 --> 00:20:58,359 Speaker 1: good things to say about that. I was in that camp. 474 00:20:58,400 --> 00:21:00,720 Speaker 1: I used to think that's starting your own business was risky, 475 00:21:00,840 --> 00:21:03,920 Speaker 1: was scary, But now I kind of believe the exact opposite. 476 00:21:04,080 --> 00:21:06,000 Speaker 1: I think there's something so much sturdier about having your 477 00:21:06,000 --> 00:21:08,119 Speaker 1: own business and not being reliant on an employer for 478 00:21:08,160 --> 00:21:11,160 Speaker 1: your income. And this guy's the limit at the same time, right, 479 00:21:11,240 --> 00:21:13,680 Speaker 1: That's one of the things that Vincent noted, And it's 480 00:21:13,680 --> 00:21:16,240 Speaker 1: totally true that owning your own business you kind of 481 00:21:16,240 --> 00:21:18,080 Speaker 1: set the cap. You set the cap for hours worked, 482 00:21:18,160 --> 00:21:20,679 Speaker 1: which is a great thing, but it can also be detrimental. Right, 483 00:21:20,720 --> 00:21:23,199 Speaker 1: we can overwork ourselves in our own business, but we 484 00:21:23,240 --> 00:21:25,600 Speaker 1: set the cap on earnings, we set the cap on 485 00:21:25,720 --> 00:21:28,439 Speaker 1: our hourly rate. They're all these things, these levels that 486 00:21:28,440 --> 00:21:30,800 Speaker 1: we have control over, based in large part on how 487 00:21:30,840 --> 00:21:32,760 Speaker 1: good our work is. But yeah, it's important to note 488 00:21:32,800 --> 00:21:35,080 Speaker 1: that when we're thinking about pivoting, you don't have to 489 00:21:35,080 --> 00:21:37,440 Speaker 1: think about a nine to five job working for somebody else. 490 00:21:37,800 --> 00:21:40,280 Speaker 1: You can also think about pivoting to being able to 491 00:21:40,320 --> 00:21:42,560 Speaker 1: do your own thing. And if you're considering doing your 492 00:21:42,600 --> 00:21:45,240 Speaker 1: own thing, it doesn't have to be this massive, you know, 493 00:21:45,280 --> 00:21:48,159 Speaker 1: business where we have tons of employees. Right, These digital 494 00:21:48,200 --> 00:21:52,000 Speaker 1: micro businesses are having a major impact on the economy. 495 00:21:52,400 --> 00:21:56,320 Speaker 1: There's research based on over twenty million websites that are 496 00:21:56,320 --> 00:21:58,800 Speaker 1: hosted by these small businesses, right, And it turns out 497 00:21:58,800 --> 00:22:02,000 Speaker 1: that the counties where these businesnesses are based experienced a 498 00:22:02,240 --> 00:22:06,480 Speaker 1: much stronger recovery after the two thousand eight housing crisis 499 00:22:06,520 --> 00:22:09,120 Speaker 1: after the Great Recession, So the spillover effects that these 500 00:22:09,119 --> 00:22:12,919 Speaker 1: small businesses have, uh is pretty large and something certainly 501 00:22:12,920 --> 00:22:14,760 Speaker 1: to keep in mind. And they just seem so much 502 00:22:14,760 --> 00:22:17,040 Speaker 1: more resilient. It's more resilient for the local economy and 503 00:22:17,080 --> 00:22:19,600 Speaker 1: so much easier to bounce back as an individual business 504 00:22:19,600 --> 00:22:23,040 Speaker 1: owner as opposed to just a complete layoff and complete 505 00:22:23,760 --> 00:22:26,080 Speaker 1: reduction income. Yeah a that note. There's a New York 506 00:22:26,080 --> 00:22:29,000 Speaker 1: Times article and they discussed these two sisters who started 507 00:22:29,040 --> 00:22:32,120 Speaker 1: a business selling cheesecakes two years ago during the government shutdown. 508 00:22:32,400 --> 00:22:36,359 Speaker 1: They called their business Furlow Cheesecake, appropriately named because of 509 00:22:36,400 --> 00:22:39,080 Speaker 1: the government furlough that was happening. Um, and now they're 510 00:22:39,080 --> 00:22:41,120 Speaker 1: crushing it. You know, it took a lot of hard 511 00:22:41,119 --> 00:22:42,960 Speaker 1: work to build their business up. But you know, last 512 00:22:43,040 --> 00:22:46,439 Speaker 1: year they sold six thousand cheesecakes alone. That's a lot 513 00:22:46,440 --> 00:22:48,680 Speaker 1: of cheesecakes. And I, you know, I'm a fan of cheesecake. 514 00:22:49,359 --> 00:22:51,280 Speaker 1: I want some of that. Yeah, And I read to 515 00:22:51,520 --> 00:22:53,840 Speaker 1: that because of COVID, their sales are down right now. 516 00:22:53,960 --> 00:22:55,760 Speaker 1: I think they've been cut close to in half. But 517 00:22:55,760 --> 00:22:59,080 Speaker 1: that's so much better than completely losing a job. And 518 00:22:59,080 --> 00:23:02,000 Speaker 1: so the eighties at Furlow Cheesecakes seemed to have pivoted 519 00:23:02,280 --> 00:23:06,119 Speaker 1: extremely well when they were experiencing a tough time basically 520 00:23:06,119 --> 00:23:08,760 Speaker 1: being furloughed from their government job. Maybe now they can 521 00:23:08,760 --> 00:23:13,760 Speaker 1: pivot into pandemic pies. So many options. Yeah, maybe that 522 00:23:13,880 --> 00:23:17,160 Speaker 1: that's the spinoff business, right. Yeah. And one of the reasons, Matt, 523 00:23:17,280 --> 00:23:19,720 Speaker 1: that that particular business, whether it's pandemic pies or for 524 00:23:19,800 --> 00:23:22,240 Speaker 1: low cheesecakes, it's going to survive this downturn is because 525 00:23:22,280 --> 00:23:24,240 Speaker 1: they've kept their cost down. That was one of the 526 00:23:24,240 --> 00:23:26,400 Speaker 1: things they talked about in the article. I think in particular, 527 00:23:26,480 --> 00:23:29,359 Speaker 1: they said that they started baking in their church's kitchen. 528 00:23:29,600 --> 00:23:32,440 Speaker 1: So keeping that cost down was crucial to being able 529 00:23:32,480 --> 00:23:35,200 Speaker 1: to get off the ground. And staying lean is such 530 00:23:35,240 --> 00:23:37,280 Speaker 1: an important thing that we need to talk about and 531 00:23:37,320 --> 00:23:38,720 Speaker 1: that we need to get right if we want to 532 00:23:38,720 --> 00:23:40,720 Speaker 1: be able to pivot well. And so we're gonna talk 533 00:23:40,880 --> 00:23:43,280 Speaker 1: more about that and some other things that people need 534 00:23:43,280 --> 00:23:45,040 Speaker 1: to consider and things that you need to do right 535 00:23:45,040 --> 00:23:46,800 Speaker 1: now if you are looking to pivot in any one 536 00:23:46,840 --> 00:23:48,359 Speaker 1: of the ways that we just mentioned. So we'll get 537 00:23:48,400 --> 00:23:59,719 Speaker 1: to some of that stuff in just a second. All right, man, 538 00:23:59,720 --> 00:24:01,639 Speaker 1: we are back for the break, and you know, we 539 00:24:01,680 --> 00:24:03,919 Speaker 1: talked about what pivoting might look like for a lot 540 00:24:03,960 --> 00:24:07,000 Speaker 1: of folks today. So now let's talk about how and 541 00:24:07,160 --> 00:24:09,720 Speaker 1: what to do in order for us to pivot successfully. 542 00:24:09,760 --> 00:24:11,240 Speaker 1: And the first thing we want to encourage folks to 543 00:24:11,240 --> 00:24:14,040 Speaker 1: do is to think ahead, right, to prepare. So here's 544 00:24:14,040 --> 00:24:16,080 Speaker 1: a little dated reference for you, but like, you didn't 545 00:24:16,080 --> 00:24:18,159 Speaker 1: want to be the last person at the typewriter factory 546 00:24:18,160 --> 00:24:19,919 Speaker 1: when it shut down, right, Like, you wanted to be 547 00:24:19,960 --> 00:24:22,640 Speaker 1: working at IBM at that point. Okay, I guess a 548 00:24:22,680 --> 00:24:25,240 Speaker 1: modern one the mall clothing store there. Yeah, you don't 549 00:24:25,240 --> 00:24:26,399 Speaker 1: want to you don't want to still be working at 550 00:24:26,400 --> 00:24:30,480 Speaker 1: hot topics. It's important to ask questions like how will 551 00:24:30,520 --> 00:24:33,639 Speaker 1: consumer habits change in the coming weeks and months given 552 00:24:33,720 --> 00:24:35,720 Speaker 1: the current pandemic that we're living in, Like how can 553 00:24:35,760 --> 00:24:38,280 Speaker 1: I create a winning business that will serve the needs 554 00:24:38,280 --> 00:24:40,960 Speaker 1: of people in a changing economy? If you continue to 555 00:24:41,000 --> 00:24:43,720 Speaker 1: do things the way that they were formally done, like, 556 00:24:43,800 --> 00:24:45,800 Speaker 1: there is going to be a good chance that your skills, 557 00:24:46,240 --> 00:24:49,120 Speaker 1: you know, or your business it won't have the strength 558 00:24:49,240 --> 00:24:52,679 Speaker 1: to survive. So doing some thinking about your current or 559 00:24:52,720 --> 00:24:55,800 Speaker 1: your desired industry and what evolutions are taking place, like, 560 00:24:55,840 --> 00:24:57,879 Speaker 1: that's going to help you to be prepared to pivot 561 00:24:57,920 --> 00:25:00,200 Speaker 1: well because it's something that you've thought through. Yeah. At 562 00:25:00,200 --> 00:25:01,879 Speaker 1: before the break, we just talked about the ladies that 563 00:25:01,960 --> 00:25:04,199 Speaker 1: started for Low Cheesecake, and I think one of the 564 00:25:04,200 --> 00:25:07,199 Speaker 1: biggest takeaways that I had from reading their story was 565 00:25:07,400 --> 00:25:11,160 Speaker 1: that they stayed lean, that they kept their expenses incredibly low. 566 00:25:11,520 --> 00:25:14,240 Speaker 1: They didn't start their business by renting out a really 567 00:25:14,320 --> 00:25:16,560 Speaker 1: nice kitchen in order to be able to ramp up production. 568 00:25:16,800 --> 00:25:19,640 Speaker 1: They didn't buy a whole lot of equipment. They stayed lean. Well. Yeah, 569 00:25:19,680 --> 00:25:22,520 Speaker 1: in particular, like commercial kitchen equipment is crazy expensive. I 570 00:25:22,520 --> 00:25:25,040 Speaker 1: don't know if you've ever looked at prices on what's 571 00:25:25,040 --> 00:25:27,440 Speaker 1: the restaurant depot or some of those sites. It's really 572 00:25:27,440 --> 00:25:30,400 Speaker 1: into cooking. So sometimes we consider maybe we should have 573 00:25:30,520 --> 00:25:34,399 Speaker 1: a Hobarts instead of a dishwasher, uh, and then we're like, 574 00:25:34,400 --> 00:25:36,159 Speaker 1: oh wow, no, that's five times more expensive than a 575 00:25:36,160 --> 00:25:39,560 Speaker 1: normal dishwasher. Gosh, it's it's insane. Yeah, that sounds frighteningly 576 00:25:39,800 --> 00:25:42,320 Speaker 1: expensive to start up that business if you're doing it 577 00:25:42,359 --> 00:25:44,399 Speaker 1: at a premium level, right, But if you can kind 578 00:25:44,400 --> 00:25:45,879 Speaker 1: of bootstrap it, you're gonna be able to go a 579 00:25:45,880 --> 00:25:48,760 Speaker 1: lot further. Individuals, of course, have the ability to pivot 580 00:25:48,800 --> 00:25:52,120 Speaker 1: and make better decisions. The more money they've got saved up. Matt, 581 00:25:52,160 --> 00:25:53,720 Speaker 1: you and I we've called this peace out money. The 582 00:25:53,760 --> 00:25:55,600 Speaker 1: more money we've got in our bank account, we can 583 00:25:55,640 --> 00:25:58,199 Speaker 1: make a decision that is better for us, better for 584 00:25:58,240 --> 00:26:01,040 Speaker 1: our family because our expenses our leaner, and we've got 585 00:26:01,040 --> 00:26:03,320 Speaker 1: more sitting there that we can tap if we need it. 586 00:26:03,760 --> 00:26:05,879 Speaker 1: Um it's the same with companies. The ones that have 587 00:26:06,040 --> 00:26:08,399 Speaker 1: low overhead are able to pivot more quickly and weather 588 00:26:08,520 --> 00:26:11,080 Speaker 1: longer economic downturns. And Matt, you and I kind of 589 00:26:11,119 --> 00:26:13,119 Speaker 1: did this firsthand right. For the first two years of 590 00:26:13,119 --> 00:26:15,840 Speaker 1: this podcast, we recorded in the evening at your dining 591 00:26:15,920 --> 00:26:18,600 Speaker 1: room table. We recorded late into the evening. It was 592 00:26:18,720 --> 00:26:21,679 Speaker 1: a labor of love. But yeah, sometimes we're at the 593 00:26:21,720 --> 00:26:25,840 Speaker 1: table until midnight. And it was because we really wanted 594 00:26:25,840 --> 00:26:28,200 Speaker 1: to create a great podcast. But we didn't start out 595 00:26:28,480 --> 00:26:31,480 Speaker 1: by renting office space and getting super pro mics and 596 00:26:31,560 --> 00:26:34,120 Speaker 1: having all the equipment in order to have the most 597 00:26:34,160 --> 00:26:36,960 Speaker 1: baller podcast of all time. Yeah, we still don't have 598 00:26:37,200 --> 00:26:40,879 Speaker 1: super pro mikes, but we're still using the same microphones. 599 00:26:40,920 --> 00:26:42,760 Speaker 1: But you know what, they're good enough, baby, they are. 600 00:26:42,800 --> 00:26:45,280 Speaker 1: But finally we've moved into a legit space and it's 601 00:26:45,400 --> 00:26:47,679 Speaker 1: the basement beneath your house. And so yeah, we know 602 00:26:47,760 --> 00:26:50,760 Speaker 1: firsthand that's staying lean can give you the ability to 603 00:26:50,840 --> 00:26:53,159 Speaker 1: launch something and to create something that's gonna last for 604 00:26:53,160 --> 00:26:55,439 Speaker 1: a long time, as opposed to feeling like you have 605 00:26:55,560 --> 00:26:59,160 Speaker 1: to meet this really expensive rent payment obligate. It becomes 606 00:26:59,160 --> 00:27:01,760 Speaker 1: an obligation every month and it makes it really harder 607 00:27:01,800 --> 00:27:04,120 Speaker 1: to to sustain. And the great thing is to matt 608 00:27:04,200 --> 00:27:06,600 Speaker 1: your web presence can look really fancy, it can make 609 00:27:06,640 --> 00:27:09,239 Speaker 1: you look really legit. But on the back end of that, 610 00:27:09,400 --> 00:27:11,080 Speaker 1: you don't even have to be wearing pants while you're working. 611 00:27:11,119 --> 00:27:13,000 Speaker 1: You don't even have to have a real office. So 612 00:27:13,160 --> 00:27:15,679 Speaker 1: that web presence in and of itself can make a 613 00:27:15,680 --> 00:27:18,360 Speaker 1: big difference in a lot of industries. So yeah, it's 614 00:27:18,359 --> 00:27:20,399 Speaker 1: important for people to think about that. Stay lean if 615 00:27:20,400 --> 00:27:22,840 Speaker 1: you're gonna pivot, because that is going to keep more 616 00:27:22,880 --> 00:27:25,000 Speaker 1: money in your bank account. It's gonna make it easier 617 00:27:25,240 --> 00:27:27,479 Speaker 1: to help you no matter which direction you're pivoting in, 618 00:27:27,520 --> 00:27:29,600 Speaker 1: to make that a success. And for the record, I 619 00:27:29,640 --> 00:27:31,360 Speaker 1: will say that when we record, you and I both 620 00:27:31,359 --> 00:27:34,440 Speaker 1: wear paints, both pants for sure. Another point I wanted 621 00:27:34,440 --> 00:27:37,399 Speaker 1: to mention, man, is just staying flexible overall, right, the 622 00:27:37,480 --> 00:27:39,719 Speaker 1: days of working for a single employer like we were 623 00:27:39,720 --> 00:27:43,320 Speaker 1: talking about earlier, Like that's mostly over right, Like this 624 00:27:43,400 --> 00:27:45,679 Speaker 1: comes with some pros and cons as well, though, like 625 00:27:45,760 --> 00:27:48,520 Speaker 1: most young people entering the workforce, there are very few, 626 00:27:48,560 --> 00:27:50,679 Speaker 1: if any pensions out there. You're not going to get 627 00:27:50,720 --> 00:27:52,639 Speaker 1: that gold watch, you know, at the end of your career. 628 00:27:52,960 --> 00:27:55,520 Speaker 1: And so with hopping around you know, not just different companies, 629 00:27:55,520 --> 00:27:58,560 Speaker 1: but different industries altogether. Like, there are pros and cons, 630 00:27:59,240 --> 00:28:02,800 Speaker 1: but the biggest con I feel like it's essentially the unpredictability, right, 631 00:28:02,920 --> 00:28:05,720 Speaker 1: Like we don't know what's lying ahead of us. So 632 00:28:05,800 --> 00:28:09,119 Speaker 1: prioritizing skills that can work in different industries could be 633 00:28:09,160 --> 00:28:11,760 Speaker 1: your way to continually pivot. Well, we're not talking about 634 00:28:11,760 --> 00:28:14,680 Speaker 1: just doing this once because of the pandemic. We're talking 635 00:28:14,720 --> 00:28:17,840 Speaker 1: about basically like creating a set of skills that allow 636 00:28:17,880 --> 00:28:21,639 Speaker 1: you to pivot well every four years potentially. And you know, 637 00:28:21,880 --> 00:28:24,320 Speaker 1: like we talked about, this isn't great advice for maybe 638 00:28:24,560 --> 00:28:27,359 Speaker 1: you know somebody that has a more specialized skill, but 639 00:28:27,480 --> 00:28:30,879 Speaker 1: it certainly makes sense for a lot of the modern workforce, 640 00:28:31,119 --> 00:28:34,440 Speaker 1: especially for a lot of folks who work in digital industries. 641 00:28:34,600 --> 00:28:36,359 Speaker 1: And I think more and more. We're gonna see that, right, 642 00:28:36,400 --> 00:28:38,040 Speaker 1: Like we're we're gonna see a need for folks to 643 00:28:38,080 --> 00:28:41,400 Speaker 1: have some of those hard skills. Essentially, Um, not only 644 00:28:41,400 --> 00:28:44,480 Speaker 1: do we need to be comfortable with digital technologies, but 645 00:28:44,520 --> 00:28:47,640 Speaker 1: we need to be proficient and professionals at the ability 646 00:28:47,720 --> 00:28:50,600 Speaker 1: specifically to to work remotely. Uh, and just all the 647 00:28:50,640 --> 00:28:53,200 Speaker 1: demands that are going to be required of us as 648 00:28:53,200 --> 00:28:55,800 Speaker 1: so much of our workforces is now working from home. Yeah. Man, 649 00:28:55,880 --> 00:28:57,440 Speaker 1: when you were saying that, it made me think about 650 00:28:58,000 --> 00:29:00,480 Speaker 1: potentially someone who doesn't have to be slex someone who 651 00:29:00,480 --> 00:29:02,680 Speaker 1: owns their own business. Maybe they're a plumber or an electrician. 652 00:29:03,000 --> 00:29:04,640 Speaker 1: But then I started thinking about it a little bit more, 653 00:29:04,720 --> 00:29:06,280 Speaker 1: and I feel like those people actually have to be 654 00:29:06,320 --> 00:29:09,160 Speaker 1: flexible in other ways because people are going to find 655 00:29:09,200 --> 00:29:12,560 Speaker 1: your service through specific avenues and that's changed a good 656 00:29:12,560 --> 00:29:14,960 Speaker 1: bit in the last ten fifteen years. So if you're 657 00:29:14,960 --> 00:29:18,120 Speaker 1: relying on the same way of people finding out about 658 00:29:18,120 --> 00:29:20,120 Speaker 1: the work that you do, it might be time to 659 00:29:20,120 --> 00:29:22,600 Speaker 1: pivot slightly at least in that way too. Like word 660 00:29:22,600 --> 00:29:24,720 Speaker 1: of mouth is great and it's always going to be 661 00:29:24,760 --> 00:29:27,680 Speaker 1: there for businesses that do really good work, but you 662 00:29:27,680 --> 00:29:29,920 Speaker 1: know what, you might need to get some solid Google reviews, 663 00:29:30,320 --> 00:29:32,680 Speaker 1: or you might need to get a Facebook presence that's meaningful. 664 00:29:33,120 --> 00:29:34,640 Speaker 1: Or if you're an artist, you might need to get 665 00:29:34,640 --> 00:29:37,200 Speaker 1: on Instagram so other people can find out about the 666 00:29:37,200 --> 00:29:39,240 Speaker 1: work you do. You might be doing the same thing, 667 00:29:39,520 --> 00:29:41,800 Speaker 1: but you're gonna need to pivot in the way people 668 00:29:41,840 --> 00:29:44,400 Speaker 1: find out about and end up reaching you. Yeah. Well, 669 00:29:44,400 --> 00:29:46,040 Speaker 1: when you were talking about plumbers, I thought you were 670 00:29:46,080 --> 00:29:47,800 Speaker 1: going to say that you have to be flexible, like 671 00:29:47,840 --> 00:29:50,280 Speaker 1: physically as well, because some problems it's hard to get 672 00:29:50,360 --> 00:29:52,280 Speaker 1: up under that sink and find that leak. That's a 673 00:29:52,320 --> 00:29:54,400 Speaker 1: good point. No. Yeah, I was gonna put in a 674 00:29:54,440 --> 00:29:57,520 Speaker 1: new faucet recently at my house, and I decided against 675 00:29:57,560 --> 00:29:59,560 Speaker 1: it because it's so hard to get back out there 676 00:29:59,560 --> 00:30:01,400 Speaker 1: behind the s You don't want that water scort now, 677 00:30:01,480 --> 00:30:04,320 Speaker 1: like like you would picture on a commercial or a sitcom. Well, 678 00:30:04,360 --> 00:30:06,680 Speaker 1: I was wondering, am I could have the fortitude to 679 00:30:06,720 --> 00:30:09,160 Speaker 1: follow through with this, because if I don't, I've taken 680 00:30:09,200 --> 00:30:11,480 Speaker 1: out a faucet that works perfectly fine, and I have 681 00:30:11,560 --> 00:30:13,160 Speaker 1: not been able to replace it with something that works 682 00:30:13,160 --> 00:30:15,160 Speaker 1: perfectly fine. So maybe I'll just hold off on that 683 00:30:15,200 --> 00:30:16,640 Speaker 1: for right now. Nice. Well, there you go, man, I 684 00:30:16,680 --> 00:30:18,600 Speaker 1: think that was a wise move on your part. My 685 00:30:18,600 --> 00:30:20,560 Speaker 1: wife agrees with you. All right, man, So you know 686 00:30:20,600 --> 00:30:23,480 Speaker 1: we've talked about some overarching principles essentially, right we're talking 687 00:30:23,480 --> 00:30:27,400 Speaker 1: about thinking ahead and being prepared, staying lean, staying flexible. Now, 688 00:30:27,480 --> 00:30:29,800 Speaker 1: let's go ahead and dive into some specific things that 689 00:30:29,840 --> 00:30:32,239 Speaker 1: we would recommend for folks to do, even right if 690 00:30:32,280 --> 00:30:33,720 Speaker 1: you don't even know what you want to pivot too 691 00:30:33,960 --> 00:30:35,760 Speaker 1: right now, but these are things that you can do 692 00:30:36,040 --> 00:30:39,520 Speaker 1: to basically getting the ball rolling and then hopefully very 693 00:30:39,520 --> 00:30:42,080 Speaker 1: soon you will see what the opportunity is for you. 694 00:30:42,320 --> 00:30:44,280 Speaker 1: And the first thing we want to mention is networking. 695 00:30:44,480 --> 00:30:46,040 Speaker 1: You know you mentioned this at the top of the episode. 696 00:30:46,040 --> 00:30:48,600 Speaker 1: You're referring to Farnish's episode where she was talking about 697 00:30:48,640 --> 00:30:50,880 Speaker 1: how we still have our network, we still have who 698 00:30:50,880 --> 00:30:53,479 Speaker 1: we are as individuals, and and she also mentioned our 699 00:30:53,520 --> 00:30:55,840 Speaker 1: network and the people that we know. This is even 700 00:30:55,880 --> 00:30:59,400 Speaker 1: more crucial and important right now. Don't forsake the network 701 00:30:59,480 --> 00:31:01,320 Speaker 1: that you've built up over the years. You want to 702 00:31:01,320 --> 00:31:03,400 Speaker 1: make sure that you stay in touch, reach back out 703 00:31:03,440 --> 00:31:06,760 Speaker 1: to folks we've met at conferences and events. A huge 704 00:31:06,800 --> 00:31:10,800 Speaker 1: percentage of jobs are found through personal connections, and you 705 00:31:10,840 --> 00:31:13,440 Speaker 1: never know when one of your personal connections are are 706 00:31:13,440 --> 00:31:15,360 Speaker 1: going to pan out. So you know, we talked about 707 00:31:15,400 --> 00:31:18,080 Speaker 1: this in an episode sixty two with Jordan Harbinger. He 708 00:31:18,240 --> 00:31:20,880 Speaker 1: is all about networking. He's basically probably one of the 709 00:31:20,920 --> 00:31:23,920 Speaker 1: best people we know at networking and talking to folks 710 00:31:23,920 --> 00:31:26,120 Speaker 1: and kind of keeping those lines of communication open and 711 00:31:26,160 --> 00:31:28,600 Speaker 1: finding ways to help people. Uh, if you haven't listened 712 00:31:28,600 --> 00:31:30,440 Speaker 1: to that episode, go back and listen to that one. Yeah, 713 00:31:30,480 --> 00:31:33,400 Speaker 1: that's definitely step number one is making sure that network 714 00:31:33,520 --> 00:31:36,600 Speaker 1: is intact and growing your network and whatever ways you 715 00:31:36,600 --> 00:31:38,960 Speaker 1: can that are gonna help you in in your future. 716 00:31:38,960 --> 00:31:41,840 Speaker 1: Pivots also get your resume together, make sure it looks 717 00:31:41,960 --> 00:31:44,280 Speaker 1: really good. That can help you stand out from the 718 00:31:44,280 --> 00:31:46,680 Speaker 1: crowd when you're applying for a job. And there are 719 00:31:46,680 --> 00:31:48,960 Speaker 1: ways that you can get help with your resume, and 720 00:31:48,960 --> 00:31:51,160 Speaker 1: it's worth it to pay someone to help you make 721 00:31:51,160 --> 00:31:53,600 Speaker 1: sure your resume looks awesome. If it looks like junk 722 00:31:53,680 --> 00:31:56,440 Speaker 1: right now, you could certainly spend a lot of hours 723 00:31:56,440 --> 00:31:58,240 Speaker 1: on it yourself, and there's no shame in that game. 724 00:31:58,480 --> 00:32:00,320 Speaker 1: But it's also important to note that you would go 725 00:32:00,400 --> 00:32:03,120 Speaker 1: somewhere like fiber or Etsy and pay a hundred or 726 00:32:03,200 --> 00:32:05,680 Speaker 1: hundred fifty bucks to have somebody help you make your 727 00:32:05,720 --> 00:32:08,600 Speaker 1: resume look awesome and make sure you're posting it on 728 00:32:08,680 --> 00:32:10,640 Speaker 1: the right places, to looking for jobs in the right 729 00:32:10,680 --> 00:32:13,960 Speaker 1: places Monster dot com, LinkedIn dot com, in addition to 730 00:32:14,040 --> 00:32:16,640 Speaker 1: hitting up your network to kind of see what's available 731 00:32:16,960 --> 00:32:19,560 Speaker 1: where where people that you know work. But getting your 732 00:32:19,560 --> 00:32:22,960 Speaker 1: resume together, making sure it looks great, and making sure 733 00:32:22,960 --> 00:32:25,920 Speaker 1: it gets dispersed to all the right people for all 734 00:32:25,960 --> 00:32:28,760 Speaker 1: the positions you're interested in. That's that's really crucial in 735 00:32:28,840 --> 00:32:32,120 Speaker 1: order to be able to open up those potential pivoting opportunities. Yeah, man, 736 00:32:32,160 --> 00:32:34,880 Speaker 1: I was shocked at how many resume writers and reviewers 737 00:32:34,880 --> 00:32:37,640 Speaker 1: there are on Etsy, specifically, because you think of Etsy 738 00:32:37,720 --> 00:32:40,480 Speaker 1: and you think of like, you know, like a woodlands 739 00:32:40,520 --> 00:32:43,600 Speaker 1: candle or like handmade bracelet. Yeah, exactly. And I'm not 740 00:32:43,600 --> 00:32:46,160 Speaker 1: trying to say that everybody ons is doing stuff like that, 741 00:32:46,200 --> 00:32:47,680 Speaker 1: but that's kind of what I think of at least. 742 00:32:47,720 --> 00:32:51,040 Speaker 1: But to search for resume reviewers and writers on see 743 00:32:51,040 --> 00:32:53,880 Speaker 1: there are lots of folks who have five stars and 744 00:32:54,080 --> 00:32:57,040 Speaker 1: hundreds and hundreds of reviews and that's just what they do. 745 00:32:57,320 --> 00:32:59,200 Speaker 1: So I agree, I think that's a really great resource 746 00:32:59,200 --> 00:33:00,720 Speaker 1: for a lot of folks out there who may not 747 00:33:00,840 --> 00:33:03,400 Speaker 1: be you know, willing to you know, create a new 748 00:33:03,400 --> 00:33:05,320 Speaker 1: LinkedIn account because that's just kind of not the world 749 00:33:05,320 --> 00:33:06,560 Speaker 1: that they're in, and not willing to go on there 750 00:33:06,560 --> 00:33:08,960 Speaker 1: and submit their resume to you know that the folks 751 00:33:08,960 --> 00:33:11,720 Speaker 1: over at Monster and seeing what their thoughts are on 752 00:33:11,840 --> 00:33:14,080 Speaker 1: their resume. So you kind of mentioned this earlier in 753 00:33:14,120 --> 00:33:15,760 Speaker 1: the episode as well. Like you, we kind of talked 754 00:33:15,760 --> 00:33:19,240 Speaker 1: about climbing the ladder there at your current job. But 755 00:33:19,280 --> 00:33:21,200 Speaker 1: that's really important to keep in mind. You might not 756 00:33:21,280 --> 00:33:23,680 Speaker 1: even have to leave your current employer in order to 757 00:33:23,920 --> 00:33:27,360 Speaker 1: successfully pivot. Depending on how big your employer is and 758 00:33:27,600 --> 00:33:29,720 Speaker 1: what skills you have, there's a good chance, I think 759 00:33:29,720 --> 00:33:33,200 Speaker 1: that you can stay put while pivoting towards better future 760 00:33:33,200 --> 00:33:36,080 Speaker 1: career prospects. You may not be doing exactly what you 761 00:33:36,120 --> 00:33:38,840 Speaker 1: were doing, you know, for the past five to seven years, 762 00:33:39,240 --> 00:33:41,040 Speaker 1: but you know that you've got what it takes in 763 00:33:41,120 --> 00:33:43,560 Speaker 1: order to to kind of switch roles. Uh. And it 764 00:33:43,640 --> 00:33:46,480 Speaker 1: might be a lateral move for now, but you see 765 00:33:46,560 --> 00:33:48,600 Speaker 1: the runway that you have in front of you, you know, 766 00:33:48,680 --> 00:33:50,720 Speaker 1: after that lateral move. This is the kind of thinking 767 00:33:50,760 --> 00:33:52,360 Speaker 1: that we want to encourage folks to do. If they're 768 00:33:52,400 --> 00:33:54,680 Speaker 1: not already thinking about that. Yeah, I think it's important 769 00:33:54,720 --> 00:33:57,600 Speaker 1: to Matt for people to give themselves a good bit 770 00:33:57,640 --> 00:34:01,120 Speaker 1: of credit. I think lots of times, pivot seems like 771 00:34:01,240 --> 00:34:03,440 Speaker 1: this daunting task, and people out there might have been 772 00:34:03,440 --> 00:34:06,680 Speaker 1: listening to this whole episode with doubts about whether they 773 00:34:06,840 --> 00:34:09,880 Speaker 1: can successfully pivot careers. It's this monumental thing, and you 774 00:34:09,960 --> 00:34:12,759 Speaker 1: might feel stuck where you're currently at. But remember that 775 00:34:12,800 --> 00:34:15,480 Speaker 1: you do have skills, and you do have connections, and 776 00:34:15,480 --> 00:34:18,239 Speaker 1: those things are unique to you. Right, So taking most 777 00:34:18,280 --> 00:34:21,359 Speaker 1: of these steps into account, you can purposely pivot into 778 00:34:21,400 --> 00:34:24,040 Speaker 1: something new. So make sure to give yourself the benefit 779 00:34:24,080 --> 00:34:26,920 Speaker 1: of the doubt. Give yourself some credit. You can pivot too. 780 00:34:27,280 --> 00:34:28,880 Speaker 1: It might be really really hard to go from middle 781 00:34:28,880 --> 00:34:32,000 Speaker 1: aged truck driver to coding genius, right, there are some 782 00:34:32,040 --> 00:34:34,480 Speaker 1: things that are a really big leap. It might be 783 00:34:34,560 --> 00:34:38,759 Speaker 1: really really hard to go from subpar podcaster to astronaut. Right. 784 00:34:38,840 --> 00:34:41,319 Speaker 1: That's probably not gonna happen either. But there are a 785 00:34:41,400 --> 00:34:44,080 Speaker 1: lot of opportunities for us that are inside a realm 786 00:34:44,080 --> 00:34:47,520 Speaker 1: of possibility that we can pivot successfully. We can pivot 787 00:34:47,520 --> 00:34:50,080 Speaker 1: into something that we enjoy more. We can pivot into 788 00:34:50,120 --> 00:34:52,800 Speaker 1: something that earns us more money. There are all sorts 789 00:34:52,800 --> 00:34:55,919 Speaker 1: of opportunities for us out there. It takes a little 790 00:34:55,920 --> 00:34:57,759 Speaker 1: bit of gumption, it takes a little bit of work. 791 00:34:58,120 --> 00:35:00,560 Speaker 1: But give yourself some credit because you can do it too, 792 00:35:00,600 --> 00:35:02,799 Speaker 1: and you can make a pivot into something that's better 793 00:35:02,840 --> 00:35:04,920 Speaker 1: for you and better for your family. Man. I think 794 00:35:04,960 --> 00:35:06,520 Speaker 1: the benefit too that we have now is that so 795 00:35:06,560 --> 00:35:09,120 Speaker 1: many of us are in a position where we don't 796 00:35:09,120 --> 00:35:12,360 Speaker 1: have a choice right. Necessity is the mother of all invention, 797 00:35:12,400 --> 00:35:14,840 Speaker 1: and a lot of folks may have been very happy 798 00:35:14,920 --> 00:35:17,040 Speaker 1: with a job had it continued on for another ten 799 00:35:17,120 --> 00:35:19,160 Speaker 1: or twenty years. But I think a lot of folks 800 00:35:19,160 --> 00:35:20,799 Speaker 1: are in a position to where they're going to be 801 00:35:20,800 --> 00:35:22,200 Speaker 1: forced to make that change. And so I want to 802 00:35:22,200 --> 00:35:24,160 Speaker 1: see that as a silver lining to the pandemic, is 803 00:35:24,200 --> 00:35:26,480 Speaker 1: that it's it's forcing a lot of people out of 804 00:35:26,480 --> 00:35:29,080 Speaker 1: their comfort zones to do something that they would never 805 00:35:29,160 --> 00:35:31,480 Speaker 1: have even considered before. Yes, sometimes we just need that 806 00:35:31,560 --> 00:35:33,680 Speaker 1: kick in the pants to make a move we otherwise 807 00:35:33,719 --> 00:35:36,000 Speaker 1: wouldn't have. One last thing too, that's important to to 808 00:35:36,080 --> 00:35:38,040 Speaker 1: keep in mind is that this this episode is about 809 00:35:38,040 --> 00:35:40,440 Speaker 1: our careers. It's about our work. But we want to 810 00:35:40,480 --> 00:35:43,480 Speaker 1: point out that work is not everything. Part of finding 811 00:35:43,480 --> 00:35:46,480 Speaker 1: satisfaction in our work is realizing that the grass isn't 812 00:35:46,480 --> 00:35:48,880 Speaker 1: always greener. On the other side, there are some folks 813 00:35:48,880 --> 00:35:51,640 Speaker 1: listening to this episode who might need to stay where 814 00:35:51,640 --> 00:35:54,720 Speaker 1: they are, right We're not encouraging everybody to to change 815 00:35:54,800 --> 00:35:58,000 Speaker 1: what they're currently doing. However, pivoting is going to be 816 00:35:58,000 --> 00:35:59,880 Speaker 1: a necessity for a lot of folks right now, and 817 00:36:00,120 --> 00:36:03,120 Speaker 1: just something smart for others to consider too. And you know, 818 00:36:03,160 --> 00:36:05,279 Speaker 1: as you're searching for how to move forward in a 819 00:36:05,360 --> 00:36:08,480 Speaker 1: quickly changing economy, like that's going to continue to change 820 00:36:08,560 --> 00:36:11,239 Speaker 1: even after there's a COVID vaccine, right Like, make sure 821 00:36:11,280 --> 00:36:13,040 Speaker 1: that you continue to think about what the future of 822 00:36:13,040 --> 00:36:16,560 Speaker 1: work specifically looks like for you. And and also remember 823 00:36:16,640 --> 00:36:19,680 Speaker 1: that your continued flexibility in career choices is going to 824 00:36:19,800 --> 00:36:22,880 Speaker 1: be really important to the success of your overall career. 825 00:36:23,239 --> 00:36:26,439 Speaker 1: Because we stay with you know, specific employers for so 826 00:36:26,520 --> 00:36:29,279 Speaker 1: much less time, and because our likelihood of changing career 827 00:36:29,320 --> 00:36:33,080 Speaker 1: paths altogether is very high, staying flexible is going to 828 00:36:33,120 --> 00:36:36,960 Speaker 1: be one of the biggest keys to work in career success. Yeah, Matt, 829 00:36:37,040 --> 00:36:39,800 Speaker 1: once again, I think the only true constant is change. 830 00:36:39,960 --> 00:36:42,359 Speaker 1: In times like this only seemed to speed up the 831 00:36:42,360 --> 00:36:45,200 Speaker 1: pace at which changes are taking place. And right now 832 00:36:45,239 --> 00:36:48,040 Speaker 1: our economy is seeing a big shift. And so everybody 833 00:36:48,040 --> 00:36:50,040 Speaker 1: out there, we want you to be able to have 834 00:36:50,080 --> 00:36:51,799 Speaker 1: a fulfilling career. We want you to be able to 835 00:36:51,840 --> 00:36:54,200 Speaker 1: work at something that you're passionate about that earns you 836 00:36:54,320 --> 00:36:56,600 Speaker 1: enough money to support your family to support them well. 837 00:36:56,920 --> 00:36:59,799 Speaker 1: And pivoting, pivoting consistently is going to be a huge 838 00:36:59,800 --> 00:37:02,120 Speaker 1: part of that for people and they're in their working lifetimes. 839 00:37:02,280 --> 00:37:03,759 Speaker 1: But let's get back to the beer mat. Today on 840 00:37:03,800 --> 00:37:07,560 Speaker 1: the show, we had Twisted Galaxy by Toppling Goliath Brewing Company. 841 00:37:07,640 --> 00:37:10,560 Speaker 1: This was sent to us by listener Joe. So, yeah, Matt, 842 00:37:10,640 --> 00:37:12,920 Speaker 1: what was your take on this double? I p A, Yeah, man, 843 00:37:12,920 --> 00:37:14,600 Speaker 1: this was a good one. Uh you know, I'll say, 844 00:37:14,680 --> 00:37:16,080 Speaker 1: like a lot of I PA has has some poured 845 00:37:16,120 --> 00:37:18,400 Speaker 1: a nice golden color, and it was kind of halfway 846 00:37:18,440 --> 00:37:21,400 Speaker 1: between that New England style and kind of the old style, 847 00:37:21,600 --> 00:37:23,759 Speaker 1: kind of old school West Coast. I p A like 848 00:37:23,800 --> 00:37:26,040 Speaker 1: it was a little bit hazy, a little bit cloudy, 849 00:37:26,080 --> 00:37:28,080 Speaker 1: but it's sort of had a foot in both camps, right, 850 00:37:28,560 --> 00:37:30,200 Speaker 1: I'll say to one of the first thing I noticed 851 00:37:30,239 --> 00:37:33,759 Speaker 1: before taking a sip was just the tropical citrusy notes, 852 00:37:34,239 --> 00:37:37,840 Speaker 1: and my first sip confirmed all of that. Uh, it 853 00:37:37,960 --> 00:37:41,120 Speaker 1: had those kind of grapefruit and orange notes, but then 854 00:37:41,160 --> 00:37:44,160 Speaker 1: it also had some of the kind of pithy, like 855 00:37:44,360 --> 00:37:47,919 Speaker 1: you know, citrus skins bitterness that accompanies those hops as well. 856 00:37:48,080 --> 00:37:51,279 Speaker 1: And so yeah, it wasn't a shock. You know. This 857 00:37:51,320 --> 00:37:53,439 Speaker 1: is I feel like a classic example of a sort 858 00:37:53,440 --> 00:37:56,200 Speaker 1: of modern I p A. Really enjoyed this one. I'll 859 00:37:56,200 --> 00:37:57,840 Speaker 1: go ahead mentioned to you that this is my Toppling 860 00:37:57,880 --> 00:38:00,400 Speaker 1: Goliath and this isn't the first great I PA that 861 00:38:00,440 --> 00:38:02,080 Speaker 1: we've had by them, So I'm glad that you and 862 00:38:02,120 --> 00:38:04,120 Speaker 1: I we got to share another one of their beers 863 00:38:04,160 --> 00:38:06,400 Speaker 1: on the podcast. Yeah, me too, man. Yeah, this was 864 00:38:06,520 --> 00:38:09,760 Speaker 1: a double I p A that was very, very citrus heavy. 865 00:38:09,920 --> 00:38:13,640 Speaker 1: I got mostly oranges from the Galaxy hops that they 866 00:38:13,719 --> 00:38:16,359 Speaker 1: use when they brewed this beer, and it did have yes, 867 00:38:16,440 --> 00:38:19,040 Speaker 1: some nice citrus sort of bitterness at the same time. 868 00:38:19,400 --> 00:38:21,560 Speaker 1: So a really good example of a double I p 869 00:38:21,680 --> 00:38:25,320 Speaker 1: A kind of straddling the grounds between an older school 870 00:38:25,320 --> 00:38:27,799 Speaker 1: I PA and a new school i PA. So, yeah, 871 00:38:27,840 --> 00:38:30,520 Speaker 1: Toppling Goliath beers are really good. We've had some good 872 00:38:30,520 --> 00:38:32,440 Speaker 1: ones from them, and this one's up there, man, a 873 00:38:32,520 --> 00:38:34,719 Speaker 1: really good double I pa from from the folks over there. 874 00:38:34,800 --> 00:38:36,680 Speaker 1: And good news for us living here in Atlanta and 875 00:38:37,080 --> 00:38:40,400 Speaker 1: other folks in Georgia is that Toppling Goliath started distributing 876 00:38:40,440 --> 00:38:43,400 Speaker 1: here for us finally, which means that we can purchase 877 00:38:43,680 --> 00:38:46,279 Speaker 1: Toppling Goliathe now ourselves, which is awesome. So we can 878 00:38:46,360 --> 00:38:48,880 Speaker 1: jump on some of that King Sue and you know 879 00:38:49,040 --> 00:38:51,960 Speaker 1: whenever it's I guess available and on the shelves. But yeah, 880 00:38:52,080 --> 00:38:54,080 Speaker 1: looking forward to more of their beers. Yeah, me too, big. 881 00:38:54,080 --> 00:38:55,839 Speaker 1: Thanks to Joe for some of this one our way. Yeah, 882 00:38:55,840 --> 00:38:57,319 Speaker 1: thanks Joe and Matt. That's going to do it for 883 00:38:57,320 --> 00:38:59,719 Speaker 1: this episode. For folks that want to find out more 884 00:38:59,760 --> 00:39:01,920 Speaker 1: about this podcast, and if you want show notes for 885 00:39:01,960 --> 00:39:04,680 Speaker 1: this specific episode, just go to our website at how 886 00:39:04,719 --> 00:39:06,719 Speaker 1: to Money dot com. And maybe you're listening to this 887 00:39:06,760 --> 00:39:08,640 Speaker 1: episode and you really enjoyed it, but you're thinking, you 888 00:39:08,640 --> 00:39:11,239 Speaker 1: know what, I'm pretty happy with my job. But you know, 889 00:39:11,320 --> 00:39:14,040 Speaker 1: somebody who might be in a situation and they might 890 00:39:14,040 --> 00:39:16,399 Speaker 1: find this episode really helpful. And if that's the case, 891 00:39:16,480 --> 00:39:18,799 Speaker 1: we would ask for you to tell them about our 892 00:39:18,800 --> 00:39:22,200 Speaker 1: show how Some Money. Let them know about this specific episode. 893 00:39:22,400 --> 00:39:25,040 Speaker 1: Subscribing and reviewing obviously is really helpful for us, but 894 00:39:25,120 --> 00:39:27,080 Speaker 1: you really can't beat kind of that old fashioned word 895 00:39:27,120 --> 00:39:28,520 Speaker 1: of mouth. So to all of you who are going 896 00:39:28,560 --> 00:39:30,839 Speaker 1: to strike up a podcast conversation and ask your friend 897 00:39:30,920 --> 00:39:34,080 Speaker 1: you know what they've been listening to recently, thanks in advance. Yeah, 898 00:39:34,080 --> 00:39:36,560 Speaker 1: word of mouth even better than that sweet Facebook page. 899 00:39:36,880 --> 00:39:38,839 Speaker 1: It's true. Yeah, alright, Matt, that's gonna be it for 900 00:39:38,880 --> 00:39:42,279 Speaker 1: this episode until next time. Best Friends Out, Best Friends Out,