Why You Need To Love Your Boss: How To Get Ahead At Work and Build Incredible Wealth

I used to hate my boss. I’m sure many of you know the feeling. What you probably didn’t realize is that it could be holding you back from incredible success and wealth.

After spending nearly two decades meeting thousands of the most successful people on the planet, I soon discovered that having the “right” boss can allow you to achieve much more than may be possible on your own.

When I first started working, I followed my father’s advice, “Do what you love.” For me that was investing, which I pursued with a passion. When I graduated I landed a job with one of the top fund managers in the country and couldn’t be happier. Over the next eight years at that firm I progressed to become one of the top investors in my field, but I wasn’t happy. What I wished my father had told me all those years ago was, “Do what you love, for a boss you love working for.”

You see, the problem was even though I was a well-respected investor, my boss didn’t value me or trust me. I had always thought my results would speak for themselves in a field as objective as investing, where your returns are clear for all to see, but it turns out there is more truth to the saying “It’s who you know, not what you know” than I would like to have believed. Having strong networks is only half the equation though, as they need to be “right” boss or partner. As my career mentor, who I describe as “the smartest man in Asia”, once told me, “People want to do business with people they like and trust.” It’s not enough to know someone, you need to have a trusting relationship to form a strong partnership.

Eight years after I started my first job, I had my first big breakthrough success. A company I invested in at an early stage became a billion dollar company. I thought I had made it. That single investment made over $100 million for my company and I thought at the end of the year I would be well rewarded given it was my deal. How disappointed I was when my boss was given a $2 million bonus and I only received $100,000. Not that it wasn’t a lot of money, but given my boss had tried to block the deal on a number of occasions, it just didn’t seem fair. My protests to my boss over the next year for more pay or a larger bonus fell on deaf ears.

My boss thought I was just lucky and I was clearly taking too much risk to be able to generate those kinds of returns. I disagreed, but ended up after that with a smaller portfolio and less responsibility, contrary to what I thought would have happened, given I was now the investor with the strongest returns in the whole company. By the time I had achieved my second billion dollar investment two years later, I finally made the best career decision in my life – finding a boss who shared my vision and who valued, trusted and respected me. I was finally with the “right” boss and over the next decade we made many prominent and success investments, generating significant wealth for both of us. I no longer dreaded going to the office each day and had a spring in my step once more.

So how can you make sure you are with the “right” boss? I have developed the Inside-out Personal Growth Tool to provide a structured approach to this, starting with an assessment of yourself (the “Inside” part), which then broadens to an assessment of your direct manager or your business partner, followed by your broader environment (the “Outside” parts). This strategy is about borrowing other people’s strengths so you don’t have to address your own weaknesses.

The tool follows three steps:

Step 1. Assess Yourself: Write out your career goals and then list all your strengths, without worrying about listing your weaknesses. Once you have a complete list, prioritize the strengths, with your strongest at the top of the list. We will use this list later on to compare with your boss or partner in Step 2 to see how complementary your strengths and their weaknesses are against each other.

Step 2. Assess Your Partner: Firstly, list what you believe are their career goals. Next, instead of listing the strengths of your partner, list their weaknesses. In assessing your partner, there are four key questions to which you must answer yes in order to have the right ingredients in forming a successful partnership:

1. Do you have aligned goals?

2. Are your strengths and their weaknesses complementary?

3. Are you following a star?

4. Do you have a strong relationship?

Step 3. Assess Your Environment: The final step involves broadening the assessment in Step 2 beyond your direct manager or business partner to the wider group of individuals you could work with. If your current business partner or manager is the most complementary to you and you are happy with your role, you may want to stay put. If you are unhappy with your current situation, it may be time to start investing in building on other relationships where there may be a better fit.

Having the “right” boss will make work more enjoyable and give you the best chance of achieving success in your career. It’s never too late to find a boss or business partner who truly respects and values you.

Job Description, Salary and Skills: Aeronautical Engineer

Aeronautical engineers, also known as aerospace engineers work in aviation, aerospace or defense sector. They are responsible for producing specifications that help in designing, developing, manufacturing, maintaining and modifying military or civil aircraft and associated systems as well as other aeronautical components. These engineers can also be assigned the tasks of designing aircraft, spacecrafts, missiles, satellites or systems used for national defense.

What does an aerospace engineer do?

Primarily, aeronautical engineers are those who make use of their technical knowledge to refine different factors such as flight safety, fuel efficiency, cost-cutting and address the issues related to environmental impact caused due to air travel. They are also associated with satellites or robots. Individuals aspiring to work in this domain can do a specialization in any of the one domain namely, aerodynamics, system integration, propulsion, materials and structures, and avionics. The different job responsibilities vary from employer to employer and they might be entrusted with various duties. A general idea of the tasks carried out by an aeronautical engineer is as followed:

Making use of scientific and technological principles to design aircraft, components and necessary support equipment
Researching and developing design specifications
Taking help of computer-aided design software (CAD) to create plans
Supervising different tasks like engine installation, instrument or other equipment and assembling the air frames
Participating in flight-test programs to calculate appropriate take-off distances, landing capacities, rate of climb, maneuverability and stall speeds
Taking lead to resolve issues that are generated during design, development or at the time of the testing process
Doing regular inspections, maintenance work, repairs or servicing to ensure full operation of the aircraft in normal as well as emergency situations
Assessing, measuring and preparing notes to improve the performance of the aircraft system, components and other equipment
Taking efforts to modify existing designs to reduce harmful effects on environment by minimizing fuel consumption, pollution and improving existing features for safety
Investigating aircraft accidents to understand the fault, calculate damage caused and giving appropriate answers to the passengers’ families
Publishing specific technical reports of the special projects carried out by collecting relevant information, analyzing and interpreting data and documenting findings
Effective managing of small as well as large-scale projects by allocating timely budgets and scheduling required resources
Communicating technical or regulatory advice to on duty teams, clients, suppliers or other professionals related to the aerospace industry
These engineers are employed in multidisciplinary teams, and their job tasks might vary from writing manual or documentation reports to retesting the existing product to determine new flaws.

How much is the salary range?

As per the United States Bureau of Labor Statistics, the mean annual salary of professionals employed in this sector was $104K. It is estimated that fifty percent of the aerospace professionals usually make between $81K and $125K per annum. The median salary for this occupation has been fixed around $102,429 per year. The salary package also depends on the sector where the individual is employed in – those who had jobs in companies dealing with manufacturing aerospace parts and equipment, draw $97K. Individuals working in the scientific or consulting services had the highest average earnings that is around $115780 per annum, while federal government employees had the salary package of $111K per year. The average salary for an aeronautical engineer has been said to be at $85,276 per year as per the 2017 data.

What are the necessary skills for this profession?

Given the complex and multidisciplinary nature of the job, an employer would certainly look for some prerequisites in a candidate. You need to show a string of technical knowledge and prowess in subjects related to aeronautical engineering, meticulous and methodical approach towards work, strong analytical thinking and problem-solving skills in critical or emergency situations. A passion for aviation, knowledge of safety measures and up-to-date information technological developments in the sector along with excellent written communication and multilingual abilities would be an added advantage.

Aeronautical engineering is a good option for those who love to be above the ground and want to fly high to observe things from a bird’s eye. To get a break in this line of profession, a degree in relevant field and some work experience under the belt would be the best way to make a successful career.

Why Use an Agent Or Broker When Purchasing Health Insurance Plans?

Have you ever needed the help of a professional for a service in which you have little or no experience? Tasks such as a home or auto repair seem complicated to those who are not experienced in those professions. Shopping for personal health insurance plans can be complicated as well. Consider these reasons for using a professional broker or agent.

Professional service with no fees – Insurance agents and brokers are paid by commissions from insurance companies.

The cost of those commissions is already built into the price of the policy, therefore, you will pay no more than if you had gone directly to the insurance company without the services of an agent. An experienced agent can help you determine which type of coverage will work best for you or your family. The agent can also assist with helping to select a deductible amount, co-pay amounts and whether or not to purchase optional benefits such as maternity or dental insurance. Once a decision regarding the coverage is made, the agent can be a valuable resource in helping complete the application and with the underwriting process. Using the services of a professional comes at no additional cost to the customer.

Service after the sale – Insurance brokers are motivated to provide good service after the sale. Questions may come up regarding your coverage or changes may need to be made to your plan. Having a broker handle those little details for you is a valuable resource. Examples of some simple service issues include answering questions about your policy, adding a dependent to the plan, making changes such as address and telephone number or ordering you a new identification card.

What type of broker should you look for? Here are some important features to consider when searching for a broker:

Experience – The value of experience cannot be purchased. Brokers that have many years of experience will be able to guide you in the proper direction and help you avoid problems. Experienced agents have seen nearly every situation that may come up and can guide the customer so that potential problems will be avoided.

Independent – Look for a broker that represents many competitive companies from which to shop for your coverage. Captive brokers can only use a single insurance company and should be avoided. An independent agent is working for the customer rather than the insurance company.

Professional – While looks can sometimes be deceiving, it is important to locate a broker that runs a professional business. This usually means having an office location in which to do business along with sufficient staff to service their customers.

Reputation-There is nothing wrong with asking for references when looking for an insurance agent. You need to know the reputation that the agent has within the community and the level of satisfaction that customers have with the agent in question.

Local – There is nothing more frustrating than to need service from a large company and having nothing more than a customer service phone number to work with. All of us have experienced the phone maze of recordings and out-sourcing of services departments. Having the services of a local broker that can personally be of help is very valuable. There are times when it’s important to sit across the desk and look the person in the eye with whom you are conducting business.