1 00:00:01,530 --> 00:00:07,030 Charles Shoesmith is an economist and author with over 20 million readers of his works worldwide. 2 00:00:07,240 --> 00:00:11,920 In this snippet of our interview we talk about the importance of accrediting yourself in the modern 3 00:00:11,920 --> 00:00:13,560 economy. 4 00:00:16,630 --> 00:00:17,140 So. 5 00:00:17,610 --> 00:00:24,650 So Charles on the topic of careers and you're talking about personal empowerment and in the book that 6 00:00:24,650 --> 00:00:28,340 you wrote here you know the. 7 00:00:28,520 --> 00:00:34,880 Get a job build a real career defining the world economy it seems like you're talking about these these 8 00:00:34,970 --> 00:00:37,080 ideas where you're you're taking charge. 9 00:00:37,220 --> 00:00:42,730 So I guess my first question is like what where is that kernel for. 10 00:00:42,740 --> 00:00:44,570 For taking charge of your life. 11 00:00:44,660 --> 00:00:45,160 Where is that. 12 00:00:45,170 --> 00:00:47,380 Where's the beginning of that. 13 00:00:47,870 --> 00:00:55,070 I think the beginning of it is to do what I say what I call a credit yourself. 14 00:00:55,160 --> 00:01:01,700 In other words the conventional view is you need to get a credential from somebody else that's going 15 00:01:01,700 --> 00:01:08,870 to say you know how to do X Y Z and it which is presumably valuable and in the marketplace. 16 00:01:08,870 --> 00:01:15,620 And so but but this whole conventional view hasn't as a real big problem. 17 00:01:15,620 --> 00:01:23,250 And if you're an employer you know the problem just somebody showing you there's their CV you know their 18 00:01:23,270 --> 00:01:25,580 resume or their their degree. 19 00:01:25,580 --> 00:01:29,830 It doesn't really communicate what they actually know how to do. 20 00:01:30,080 --> 00:01:36,620 And it doesn't really tell you the level of their social capital and social capital is our you know 21 00:01:36,770 --> 00:01:43,280 economics term for for how you collaborate with other people how easily you communicate with other people 22 00:01:43,340 --> 00:01:45,580 the contacts you can make. 23 00:01:45,770 --> 00:01:53,570 And so this is of course a key part of our value as a worker is our human capital is what we know how 24 00:01:53,570 --> 00:01:57,280 to do our social capital is how well we work with other people. 25 00:01:57,290 --> 00:01:58,270 So you. 26 00:01:58,280 --> 00:02:04,190 So what I suggest to people is is to take control in your career or your life first start thinking about 27 00:02:04,190 --> 00:02:05,660 how can you accredit yourself. 28 00:02:05,660 --> 00:02:08,390 In other words don't just tell somebody what you can do. 29 00:02:08,390 --> 00:02:09,730 Show them what you can do. 30 00:02:09,740 --> 00:02:15,110 And so there are you know in my view the easiest way to do this is to have like a web site where you 31 00:02:15,110 --> 00:02:16,800 post the projects you've completed. 32 00:02:16,910 --> 00:02:24,730 You get verification or accreditation from individuals who are known and respected in your field. 33 00:02:24,980 --> 00:02:31,790 And so then a potential employer or collaborator can go to your Web site and go oh wow they've actually 34 00:02:31,790 --> 00:02:34,210 done this I can see the project they completed. 35 00:02:34,250 --> 00:02:39,530 I don't have to like trusted their degree in marketing it as value or not. 36 00:02:39,740 --> 00:02:45,740 And that's one of the key piece in Google is name wise little Bach. 37 00:02:45,740 --> 00:02:53,930 And he's come out with a book on their hiring because Google feels that that hiring is everything. 38 00:02:53,930 --> 00:02:58,870 In other words that's that's the entire business proposition for any company is hiring. 39 00:02:58,880 --> 00:03:03,800 So they're very careful about it and they've discovered that the typical credentials like your grade 40 00:03:03,800 --> 00:03:06,800 point average or your degrees you hold. 41 00:03:07,010 --> 00:03:11,690 They don't really have any correlation to your productivity as a worker in Google. 42 00:03:11,900 --> 00:03:14,930 And so they're starting to hire people they have no college degree. 43 00:03:14,990 --> 00:03:22,250 They've completely discarded that whole idea that academic performance has anything to do with your 44 00:03:22,250 --> 00:03:25,940 performance as a worker because they didn't find any correlation. 45 00:03:25,940 --> 00:03:32,460 They ran all these numbers and stats and found there was virtually no correlation between somebody's 46 00:03:32,540 --> 00:03:36,880 academic success and their their performance in Google. 47 00:03:37,460 --> 00:03:39,620 So that's fascinating. 48 00:03:39,620 --> 00:03:45,830 So I mean I guess you know when I was reading through some of the reviews of the book that I did in 49 00:03:45,970 --> 00:03:49,580 this segment here you know a lot of people were loving it. 50 00:03:49,580 --> 00:03:56,770 I mean I personally actually you know just just for what it's worth I feel like you know Coachy and 51 00:03:56,780 --> 00:04:05,280 people like Tony Robbins for a while were considered these kind of hokey you know parts of our society. 52 00:04:05,390 --> 00:04:10,730 And now more and more I think this message of and harm it is turning people on to the power is seen 53 00:04:10,730 --> 00:04:16,270 as really valuable but it's not something that can be called a class on that. 54 00:04:16,280 --> 00:04:21,710 And so I guess to really build on this I'm wondering the only criticism I read in the reviews is like 55 00:04:22,440 --> 00:04:29,540 being in power and taking charge is great for these people who has passion and feel comfortable with 56 00:04:29,550 --> 00:04:30,930 taking charge of their life already. 57 00:04:30,980 --> 00:04:35,620 So what would you tell to the person who's in it who maybe has something to. 58 00:04:35,660 --> 00:04:41,760 Like you know their income stream is subsidizing their their kids or whatever or something like that. 59 00:04:42,210 --> 00:04:49,580 Well I think there's definitely a place for jobs that are reliable. 60 00:04:49,600 --> 00:04:57,760 In other words these would be government you know or state jobs or jobs in the corporate sector that 61 00:04:57,760 --> 00:05:02,200 are typically controlled by the government which would be health care national defense. 62 00:05:02,200 --> 00:05:09,280 These kinds of things these jobs are quite secure and for people that are juggling you know two or three 63 00:05:09,460 --> 00:05:17,440 children and trying to have time to get to enrich their lives and clearly you want a 9 to 5 job and 64 00:05:17,770 --> 00:05:23,650 better yet a nine to five job with flex time so you can work nine hours a day for a week and then take 65 00:05:23,650 --> 00:05:25,110 an extra day off or you know. 66 00:05:25,120 --> 00:05:32,250 And so for those people I would say try to find an employer who is sensitive to these needs of the family. 67 00:05:32,350 --> 00:05:40,390 And so and so and there's nothing wrong with putting your you know your passion on hold and just finding 68 00:05:40,390 --> 00:05:46,000 a job that's steady reliable and then my advice beyond that is don't get over your head in debt to where 69 00:05:46,000 --> 00:05:47,770 you need two incomes to survive. 70 00:05:47,770 --> 00:05:49,370 You know keep your expenses. 71 00:05:49,390 --> 00:05:57,090 Always always always below your income so that if your hours are cut or one of the one of the working 72 00:05:57,100 --> 00:06:03,590 members in the family loses their job that you're not suddenly under tremendous financial stress. 73 00:06:03,600 --> 00:06:09,310 And so I guess I guess the thing is I mean do you just think that it's important for for the for for 74 00:06:09,340 --> 00:06:14,440 a certain honesty to be there that you know you are going means for me to function and that maybe like 75 00:06:14,530 --> 00:06:20,260 in his dream and his idea of a credit to yourself that you know like me maybe that's maybe in this case 76 00:06:20,470 --> 00:06:25,430 you're just trying to do the best you can at that jobs versus building up a lot of capital in there. 77 00:06:25,450 --> 00:06:28,460 Or would you say go for it try to make a difference anyway. 78 00:06:29,110 --> 00:06:34,660 Well you know and this is just based on my experience and I'm only one person so I'm you know I may 79 00:06:34,660 --> 00:06:35,520 be missing something. 80 00:06:35,530 --> 00:06:42,610 But even people in Lake admin assistant levels or you know the the lower echelons of of our sort of 81 00:06:42,610 --> 00:06:50,410 white collar office type jobs it's still important to accredit yourself in a sense that if you worked 82 00:06:50,500 --> 00:06:56,410 well with a manager then don't just assume the manager is going to write something good about you. 83 00:06:56,620 --> 00:06:59,000 When you have to move on you know. 84 00:06:59,470 --> 00:07:01,040 And why would you have to move on. 85 00:07:01,040 --> 00:07:05,500 Well corporations closed divisions you know it has nothing to do with you as an individual that the 86 00:07:05,500 --> 00:07:12,220 workforce is is just is more fluid now and so you have to anticipate that you may need to get another 87 00:07:12,220 --> 00:07:19,090 job and so get the manager to say something about you know good about you in writing while you have 88 00:07:19,090 --> 00:07:20,370 the job. 89 00:07:20,670 --> 00:07:27,890 And and document the projects that you've helped other people complete even at the level of admin assistant. 90 00:07:27,940 --> 00:07:35,890 And so what I see people struggling with is they when they have to get another job they have no documentation 91 00:07:35,890 --> 00:07:41,530 themselves except the resume and whatever credential they may have they may have earned. 92 00:07:41,530 --> 00:07:45,840 And this is just not enough for an employer to realize your true value. 93 00:07:45,850 --> 00:07:50,920 You know I have to make the case for yourself not by bragging or anything but just by documenting the 94 00:07:50,920 --> 00:07:52,690 things that you've helped see through. 95 00:07:52,870 --> 00:07:56,770 And so that's my basic recommendation for for everyone. 96 00:07:56,770 --> 00:07:59,480 Timid or or passionate. 97 00:07:59,570 --> 00:08:06,100 And is is is document what you have been successful doing and that's what people want to know. 98 00:08:07,750 --> 00:08:08,110 All right. 99 00:08:08,110 --> 00:08:10,750 Thanks Charles So I think that a wrap up the interview. 100 00:08:10,750 --> 00:08:12,570 I really appreciate your time. 101 00:08:12,590 --> 00:08:13,110 Great. 102 00:08:13,120 --> 00:08:13,900 My pleasure.