3 quick updates everyone:
“Excelling on the Role to Earn Return Offers, Faster Promotions, and Workplace Influence” masterclass, backed by SG government — sign up if you’re in SG.
Join our Tele career community for updates on future career programs, bite-sized career insights, and community chat with equally-as-ambitious peers 🙂.
Insights on networking, interviews, side hustles, and more — check out our previous career deep-dives.
Hello everyone! Hope you all had a fantastic start to November.
We’ve been getting a lot of questions on building wealth outside of the traditional 9-5 career. The first way to do this, of course, is via side hustles. However, among youths who we’ve spoken to about side hustles in the past 4-6 months:
Group 1: ~3% actually launched a side hustle that made $ (even if just $1).
Group 2: ~12% have done something meaningful, for example interviewed at least 15-20 target users like we suggested.
Group 3: ~85% have done…..absolutely nothing 😂. No judgment here — launching something yourself / entrepreneurship is TOUGH, which is why vast majority of people still stick with traditional job paths.
Thus, on the topic of side hustles, here’s what we can do to help. If you are part of groups 1 or 2 above, message me back here with your side hustle & what you’ve accomplished already. My team and I can have a 1-on-1 mentorship chat with you (pro bono) & provide bespoke guidance on your next steps. Limited spots. If you’re group 3 / still trying to get started, refer to our past deep-dives on side hustles (which you can find in our newsletter archive, linked at the top).
Now, assuming you want to build passive wealth or another income stream (in addition to a traditional career) but don’t want to spend the time or effort on side hustles, the only remaining option is via investing — stocks, bonds, real estate, etc.
We actually have a lot to say about this topic (e.g., 99% of my personal savings is invested in stocks or bonds lol). With high inflation, uncertainties around traditional career paths, and the ‘asset owners win’ macro-trend (read up on the ‘K-shaped economy’ — your future self will thank you), I think investing no longer plays second fiddle to a traditional career path, and should be taken just as seriously. Treat it as part of your overall career/life portfolio.
We’re hosting a live workshop on investing (free of course) in Nov/Dec; register here. We’re starting with ‘beginner-friendly’ sessions next week; our Monday 9 Nov session is fully booked already (we gave preferential slots to those in our Tele community), but we have a few more slots on 13 Nov — first-come-first-serve!
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We've used Beehiiv for the past 2+ years. One of the best ways to build, reach, and engage with your audience as you build your own business or side hustle.
Yes, that Arnold Schwarzenegger.
He has a newsletter on beehiiv. So do Codie Sanchez, Jay Shetty, David Begnaud, Colin & Samir, and Joanna Stern.
They could publish just about anywhere. They chose beehiiv to build a direct connection with the people who want to hear from them most. And you can do the same, whether you’re world-famous or just at the start of your plan for world domination.
Best,
Vincent (feel free to connect with me on LinkedIn 🙂)
