Negotiating Your Career

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Duration: 4:14
Source: Stanford ECorner
Author: Dan Springer, Responsys - Stan Christensen, Stanford Technology Ventures Program; Arbor Advisors
Copyright: Creative Commons: by-nc-nd
Found: Nov 5, 2009

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We think about negotiating your career. It’s constantly in process. So what have you learned about that, the things to do differently or things that you were glad you did? I guess I'd put two or three observations. One is the advice that my undergraduate college counselor gave me which I hated as advice and now I give it to other people so they can hate it, too. When you're out negotiating a job, get the lowest salary and the lowest title that you can achieve in that first interaction with whatever company it is. And I remember he told me that. I thought, "That's got to be the stupidest thing I've ever heard in my life. I want to do the exact opposite." Right? And this is an economics professor, so that was particularly annoying. What college was this at? Occidental College. But in what he stood him in his name and the principle was, you want to blow people away. You want to come in with expectations set that you're going to blow away and start a path of success in your career. If you come in at the highest possible title and the highest possible salary, you dramatically decrease the chance. There's a certain side that says, "Well, I don't want to set a low bar for myself." And so you've got to be cautious about going too far the other way. But really set up people that you're going to wow them. Make sure that when you get done with that first year, everyone's excited to have you on board. Now, obviously, you'd say, "Why don't I go get the highest I can start and then still wow everyone?" And of course, that sounds great. But a lot of this is around don't try to get the best short-term deal. One of the things that I sometimes think about is, if you're taking your first job out of college or your first job out of graduate school, the difference in the salary of the various jobs you might be considering, unless you're really one of these people who's all over the map, but if you focus down into a core area, is not that much. And if you go into it and...
Language: English
Category: Business
Tags: Dan Springer, Stan Christensen
Country: United States


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