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Speaker 1: Welcome to Before Breakfast, a production of iHeartRadio. Good Morning,

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Speaker 1: This is Laura. Welcome to the Before Breakfast podcast. Today's

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Speaker 1: tip is that we all have relationship and career capital accounts.

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Speaker 1: Just as financial wealth tends to be built up over time,

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Speaker 1: career capital and relationship capital accumulates over the long haul

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Speaker 1: as long as you keep putting in more than you

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Speaker 1: take out. But the good news is that many little

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Speaker 1: deposits do add up. Many years ago, I wrote a

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Speaker 1: short e book called What the Most Successful People Do

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Speaker 1: at Work. One of the regular habits I identified was

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Speaker 1: to pay in career capital. I wrote, is a convenient

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Speaker 1: way to think about the sum total of one's experience, knowledge, network,

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Speaker 1: and personality characteristics. When your career capital level is high,

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Speaker 1: you can cash in your chits at any point for

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Speaker 1: a new situation, to take your career to a new level,

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Speaker 1: or even to take a break without destroying your ability

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Speaker 1: to earn a living. Successful people develop the discipline of

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Speaker 1: paying into this account every day. These deposits can take

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Speaker 1: many forms. One of the most straightforward is to share

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Speaker 1: useful information with people. If you have or create some

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Speaker 1: knowledge that someone else would genuinely find helpful, pass it along.

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Speaker 1: Tell the new hire about everybody's favorite coffee shop and

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Speaker 1: about how to get his expenses reimbursed more quickly, tell

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Speaker 1: your colleague who's working with a new team about her

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Speaker 1: new manager's little quirks that you've picked up on from

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Speaker 1: a past project. You can also share articles or social

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Speaker 1: media posts you find, as long as you know the

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Speaker 1: other person will find them useful. If you think, oh,

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Speaker 1: I have just got to send this to Jack, then

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Speaker 1: you are less at risk of tilting towards spam. You

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Speaker 1: can also share useful information more broadly. Start a newsletter,

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Speaker 1: whether that's internal or publicly available, post on LinkedIn, or

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Speaker 1: start a podcast. Every episode will be another deposit in

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Speaker 1: your account. You can also make deposits by doing favors

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Speaker 1: for people. Cover for your colleague if he's got a

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Speaker 1: family conflict or if he is slammed with a different project.

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Speaker 1: Introduce two people who you think can help each other

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Speaker 1: with their permission, of course, give a testimonial for someone,

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Speaker 1: or refer business to someone you think would do a

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Speaker 1: good job. Praise someone for a job well done, ideally

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Speaker 1: in front of other people. Deposits also take the form

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Speaker 1: of being genuinely good to work with every bit of

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Speaker 1: work that is done to a high standard and that's

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Speaker 1: turned in on time is like more money in your account.

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Speaker 1: People understand that it is a gift when you make

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Speaker 1: their lives easier. Just like with money, you don't have

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Speaker 1: to put in a ton at a time to see

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Speaker 1: it accumulate. You just have to do it consistently and

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Speaker 1: do it for a long time. So think about what

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Speaker 1: you could do today that would make a little deposit

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Speaker 1: into your account. To keep yourself accountable, you might make

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Speaker 1: a list somewhere of little things you have done. You

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Speaker 1: might note what you have seen others do too. Think

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Speaker 1: of the people that you want to spend more time

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Speaker 1: with and that you want to work war with. What

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Speaker 1: makes them compelling, what makes you want to do what

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Speaker 1: you can for them? And why doesn't that feel like

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Speaker 1: a burden. Chances are they have made a lot of

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Speaker 1: deposits with you, and over time we can all do

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Speaker 1: the same. In the meantime, this is Laura. Thanks for listening,

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Speaker 1: and here's to making the most of our time. Thanks

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Speaker 1: for listening to before breakfast. If you've got questions, ideas,

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Speaker 1: or feedback, you can reach me at Laura at Laura

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Speaker 1: vandercam dot com. Before Breakfast is a production of iHeartMedia.

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Speaker 1: For more podcasts from iHeartMedia, please visit the iHeartRadio app,

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Speaker 1: Apple Podcasts, or wherever you listen to your favorite shows.