How Do You Choose A Career?

career

How Do You Choose A Career?

Most people have the mindset that they will someday choose a career and then follow that path and see where it takes them. However, in this day and age choosing a career is not very simple and many people end up on a road that they never expected to take. Unfortunately, for many that road can include a lot of twists and turns and bumps and potholes, including unemployment. Being unemployed or under-employed is a tough predicament to be in, and it’s one that most people don’t expect to go through. This is especially true for recent college graduates, most of who figure they will get a job right out of college and enjoy the fruits of their labors. Unfortunately, this is not how things always work.

Find Your Passion and Stick to it

Therefore, it has become increasingly important to learn how to choose a career. I want to talk about some important factors in choosing your career. Being the father of seven kids and having watched several of them graduate from college I have advised them to always fall back on what their passion in life is. I tell them to focus on what they enjoy doing and encourage them to visualize where they want to be in the next three to five years. So these are some of the key things to consider if you are in the process of choosing your career.

First, remember that it’s not always about the money, but it’s also about choosing a career path that will provide you the balance in life to be able to accomplish the things you desire to do.

Next, you should consider your personal growth and ask yourself if a certain career will challenge your abilities and will it cause you to grow?
Your career should also be something that you excel at. You choose something you do well and something that matches your strengths.
While money is not everything is important so consider your financial concerns and make sure you choose something that will provide for you and your family. You also have to consider how much schooling will cost and how much debt you will be able to handle. You do need to choose a career that will sustain the type of lifestyle that you desire.

What Do You Enjoy?

These are all important factors, but the bottom line is to choose something you really enjoy. If you are going to be spending much of your life in one career then you need to be sure that the career is built on a foundation that interests you. For many young people determining what their passions are is not always easy. It might take some time to discover what you are passionate about in life. In addition, some people start new jobs in the career path they’ve chosen only to discover that they aren’t really happy with their choice. If you are in this situation, don’t worry. It’s not uncommon for people to change careers a few times, especially when they are younger and just starting out. At the end of the day, ask yourself: “what have I learned from the path I’ve traveled, what has it brought to me so far and do I want to continue on this path?” Lastly, ask yourself “will it lead me to the places I want to go in life?”

We hope you found this article about “How Do You Choose A Career?” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in
New guidelines for deferring payroll tax obligations during COVID-19 disaster

New Guidelines for Deferring Payroll Tax Obligations During COVID-19 Disaster

New Guidelines for Deferring Payroll Tax Obligations During COVID-19 Disaster New guidelines for deferring payroll tax obligations during COVID-19 disaster.  On August 8, 2020, President Trump issued a Presidential Memorandum (Notice 2020-65) directing the Secretary of the Treasury to use his authority pursuant to section 7508A of the Internal Revenue Code to defer the withholding,…

should I move out of California due to the proposed wealth tax

Should I Move Out of California Due to the Proposed Wealth Tax?

Should I Move Out of California Due to the Proposed Wealth Tax? Why now?  I am currently getting a lot of questions from individuals wanting to change their state tax status to California non-resident due to ab2088. Ab2088 known as the Wealth Tax, is a bill going through the California legislation process. “This bill would…

COVID-19 Stimulus Round 4

COVID-19 Stimulus Round 4, which plan will go into effect?

COVID-19 Stimulus Round 4, which plan will go into effect?  Many people have been looking forward to the government’s next round of COVID-19 stimulus– sadly, the fourth wave of COVID-19 relief and the laws around it have become highly politicized and appear to be caught in gridlock between the House and Senate. While both Republicans…

5 Real Estate Investment Tips

5 Real Estate Investment Tips

5 Real Estate Investment Tips There are a lot of options for investing. And one of the most popular choices amongst many high net worth individuals and family offices is real estate. Despite current interest rates being historically low, the real estate market, like all investments, carries some risk. It also experiences ups and downs.…