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10 Costly Career Mistakes (And How to Avoid Them) You think you must: ↳ Follow the path laid out for you. ↳ Stay silent and wait your turn. ↳ Be grateful without asking for more. All that’s doing is holding you back. If you're feeling stuck, it's on you to do something about it. Here are 10 career mistakes you absolutely must avoid: 1. Staying Quiet When You Should Speak Up ↳ Silence only keeps you under the radar. ↳ Speak your truth. Share your thoughts. 2. Waiting to Be Noticed ↳ If you're waiting for recognition, you might wait forever. ↳ Don't play the waiting game. Play to win. 3. Chasing Titles, Not Growth ↳ A fancy title is nothing without real experience. ↳ Develop skills and keep upgrading. 4. Fearing Failure ↳ Without failure, there is NO growth. ↳ Take risks, step into fear, and learn from mistakes. 5. Not Seeking Mentors ↳ Nobody reaches the top on their own. ↳ Mentors can help you shortcut your way to success. 6. Taking on Too Much ↳ Busy doesn't mean productive. ↳ Prioritize high-impact work and delegate the rest. 7. Sticking to Your Comfort Zone ↳ Stressing a muscle is what causes it to grow. ↳ Expand your abilities with challenging projects & roles. 8. Not Networking ↳ Networks open doors that your degree and CV can’t. ↳ Build authentic connections and nurture them. 9. Assuming Your Work Speaks for Itself ↳ Sure, you’re doing great. So are tons of others. ↳ Highlight your work and results to the right people. 10. Avoiding Difficult Conversations ↳ Tough conversations are inevitable. ↳ Ask for the raise or resolve the conflict with confidence. Your career is yours to shape. Take charge of it today. ♻ Repost to help your network build successful careers. And follow Eric Partaker for more content like this. 📌 If you’re serious about leading with impact, my latest video is a must-watch. I share three books that gave me clarity, structure, and purpose as a leader—without the overwhelm. Check it out here! https://lnkd.in/d7upNCsN

Don't fool yourself Charlie Munger once said that EBITDA are bullsh*t earnings. Invest in companies that translate most Revenue into Net Income. 1️⃣ Revenue Revenue, also known as "sales" or "total sales," is the total amount of money generated by a business from its primary operations. It represents the income a company receives from selling its products or services to customers before deducting any expenses, taxes, or other costs. Revenue is a key indicator of a company's top-line financial performance. 2️⃣ Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) Adjusted EBITDA is a financial metric used to assess a company's operating performance by excluding certain non-operating expenses and income. It starts with EBITDA (defined below) and then further adjusts for items such as one-time expenses, non-cash items, and other extraordinary or non-operational factors. Adjusted EBITDA provides a clearer picture of a company's core operating profitability. 3️⃣ EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) EBITDA is a measure of a company's operating performance. It represents the earnings or profits generated by a company before accounting for interest expenses, taxes, depreciation, and amortization. EBITDA is often used as an indicator of a company's cash flow from its core business operations, as it eliminates non-operating factors that can vary from one company to another. 4️⃣ Net Income Net income, also known as "profit" or "net profit," is the bottom-line profit of a company after deducting all expenses, including operating costs, interest, taxes, depreciation, and amortization, from its total revenue. It represents the actual profit a company earns, which can be distributed to shareholders or reinvested in the business. Net income is a critical measure of a company's overall financial performance. It's important to note that these financial metrics provide different perspectives on a company's financial health and performance. The more Revenue is translated into Net Income, the better. __ 📚 Sign up here if you want to receive it together with my free Financial Analysis course: https://t.co/cwPWWDTvzO

Sooooo much talking in the system … Understand this truth and love life It’s all about execution!

Did you know there are different types of strategists? And each with a unique approach. Some are known for their expertise and innovative thinking, while others focus on teamwork or preserving the current situation. Jeroen Kraaijenbrink's insightful article separates strategists into five distinct types: Type 1: The King Strategist These assertive and independent leaders possess a clear vision for the organization's future. Known for their strategic thinking and forward-looking approach. Strengths: They have well-founded ideas about the organization's direction and are often correct in their assessments. Weaknesses: They may become disconnected from the rest of the organization, setting high expectations that can lead to frustration among team members. Type 2: The Servant Strategist Favoring a participative or democratic approach, these strategists value input from others in the organization rather than solely defining the strategy themselves. Strengths: They excel in fostering harmony, engagement, and commitment, creating a shared strategy with a sense of ownership among team members. Weaknesses: Reluctance to share their own vision may result in perceptions of weakness or indecisiveness. Type 3: The Elder Strategist With extensive tenure within the organization, these strategists value continuity and may hesitate to embrace new developments. Strengths: They possess a strong sense of history and continuity, focusing on the organization's existing strengths rather than chasing trends. Weaknesses: They may become defensive and lose touch with internal and external changes due to their emphasis on tradition. Type 4: The Prince Strategist Embracing change and innovation, these strategists are a source of creativity and enthusiasm, constantly identifying opportunities for transformation. Strengths: They excel at identifying new opportunities and motivating others to innovate. Weaknesses: They may frequently change strategies without fully implementing them, leading to a lack of follow-through. Type 5: The Joker Strategist Lacking a clear strategic direction, these individuals struggle to make decisions or take action, often prioritizing humor and popularity. Strengths: Their shortcomings may inspire others to step up and take on strategic leadership roles. Weaknesses: Their lack of a clear strategy and ineffective execution can hinder organizational progress. Which type of strategist do you identify with: King, Servant, Elder, Prince, or Joker? Follow Igor Buinevici for more useful posts like this one. Credit: Jeroen Kraaijenbrink (don't forget to give him a follow).

This one is hard for a lot of leaders to understand. Leaders work for their employees. That means you have to understand what your employees want at a deep level. You have to be constantly adapting to their needs and what they want from the organization. There are a million different variables, and it’s on you as a leader to adjust to reality as it changes. When you go from being someone who “executes” to someone who’s managing a team, you go from trading on IQ to trading on EQ. You go from doing the actual work to listening to employees, catering to what they want, taking blame, and being the bigger person. The best managers are actually the best mentors.