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A List Of Career-Limiting Moves To Blow Up Your Future

Updated: 01/25/2023 by Financial Samurai 49 Comments

Avoid career-limiting moves if you want to get rich. Your career is probably your number one money-maker. If you blow up your career, you will likely blow up your finances.

Unfortunately, if you blow up your finances, you will become a bitter person who decides to hate other people for their success. If you hate other people for their success, you’ll happily vote to raise taxes on people who already pay the most taxes without having to pay more yourself!

A Career Limiting Move, or CLM can really destroy your career. Let me share one of my career limiting moves and 16 more career limiting moves to be aware of.

Don’t Make Career-Limiting Moves

The first time I heard of Career Limiting Moves (CLM) was during my first year of work out of college. I worked at Goldman Sachs in the Equities department as a financial analyst.

I went down to the basement level to get some coffee for my senior co-workers. Given I had to get eight orders, I figured I might as well get a haircut next door while I waited.

Unfortunately, the barber cut my sides a little too tight and my luscious locks turned into military buzz cut spikes. When I got back to my desk, everybody started making fun of me.

“You trying out for the military Sam?”

“How was your vacation?” (Given I was gone for about 25 minutes)

“Sonic boom!” (In reference to Guile from Street Fighter)

“Where’s Sam and what did you do with my grande mocha?”

It’s customary to get ribbings on the trading floor of a major investment bank so I took it like a man. Then out of nowhere, I thought of the best comeback lines when a senior VP started giving me more shit.

“I hope you like your coffee. I figure if it grows on company time, might as well cut it on company time!” BOOM! The senior VP wasn’t too amused. Welcome to my first Career Limiting Move! Luckily I escaped to San Francisco the following year for a new opportunity.

Now that you understand the importance of doing well in your career, let me share with you a list of career limiting moves you should not make.

A List Of Career-Limiting Moves To Avoid

If you want to get ahead in your career, you must constantly side step the landmine. Career limiting moves are everywhere. The less unforced errors you can commit, the better.

1) Not knowing your place.

The main career-limiting move is not knowing your place. Seniors beat up freshmen. First year analysts listen to VPs. VPs listen to Directors. Directors listen to Managing Directors. If you choose to work for an organization instead of becoming an entrepreneur it is vital you know your place.

The last thing anybody wants is some cocky kid who thinks he or she knows it all. You must suffer like they have suffered when they first started. Anything less will seem like insubordination. Do what you are told until the new incoming class.

One of the reasons why I think some Asian cultures do so well in the workplace is because filial piety is indoctrinated into their every move. It almost doesn’t even matter whether an older person is right or wrong.

What matters is that you show the older person some respect through listening and following directions. Through respect comes mentorship. Through mentorship comes a much greater chance of being successful in one’s career.

2) Perpetually coming in late.

Coming in early is the easiest thing any newbie employee can do. Yet for some reason not everybody comes in early! If you come in after your boss you are disrespecting your boss and your senior colleagues.

If you don’t really care then why should they care? You can kiss your promotions and pay raises goodbye. The same thing goes for those who perpetually leave early. You do not know everything so put in more time.

Coming in late is incredible annoying. It is the easiest career-limiting move to identify and fix. Not only should you come in early, you should leave later. There is always work to be done. You are a cost center!

3) Not speaking Swahili.

If your boss is from Swaziland, then you need to know everything there is about Tanzania or Kenya. Immediately learn about the culture, language, customs, economy, and areas of pride and tradition.

By studying about your boss’s culture, it shows you care. You won’t be busting out your Swahili to show off. Instead, you are simply prepared to speak and act in appropriate fashion when the inevitable culture bias shows itself.

Look around your office. People hire people who look, act, and speak like them. The phenomena goes across race, nationality, sex, education, and orientation.

A pessimist can point to nepotism as a reason for such similarities. May I suggest the simple fact that people trust people who are more like themselves. You can’t change the color of your skin, but at least you can go to a tanning salon to understand someone else’s culture.

Related post: Three White Tenants, One Asian Landlord

4) Constant complaining.

Constant complaining is one of the biggest career limiting moves. Complainers are always the first to get slaughtered when it’s time to let people go. Nobody likes a complainer, especially the ones who complain about their colleagues, subordinates, and bosses.

When there are millions of people dying from starvation and can’t even get a minimum wage job, what the hell are you complaining about? Only spoiled and clueless people complain. A complaint will always get around the office because nobody is able to keep their mouth shut. Office gossip is like a juggernaut that cannot be stopped. Do not engage.

The number one thing a boss is thinking when s/he hears a complainer is, “If you’re so happy, why don’t you get the hell out of here?” Once the boss realizes it’s because you are too chicken shit or unqualified to move, he’ll also label you as a cancer that must be removed.

Always think in your head, “Thank you sir! May I have another?” Revel in the long hours, the hard work, and the impossible tasks. Once you do, you will ascend.

5) Getting too drunk at social functions.

Free alcohol is great, but nobody ever gets promoted because of a holiday party. There is really only downside if you get hammered and start blabbering on about how you find Y colleague hot, and how you find X boss annoying.

One old colleague of mine got sloshed at a Managing Director’s house and was fired two months later. Coincidence? Of course not. He was a blight to the firm. Getting drunk was his ultimate career limiting move.

6) Not participating in office social functions.

If your colleagues and bosses are going out for a beer after work, you better get your ass there as well. Of course you’re not going to get drunk, but you are going to spend another hour or two after a long day’s work getting to know your colleagues in a more relaxed setting. Outside of work, we are all equal. Here’s your chance to develop common ground.

It only takes a one hour lunch to drastically improve a relationship, especially if you pay. Your clients will pick up your e-mails and calls and business gets that much easier.

Do not ever miss a chance to go bond with your colleagues once this damn pandemic is over. Once you develop friendships with higher ups, your survival rate shoots through the roof.

One of the biggest reasons why I’m heavily investing in big city real estate is because I’m certain people will rush back to cities like NYC and San Francisco once there is herd immunity. People want to go where the power and the opportunities are. People want to develop relationships that have been diluted due to working for home.

Working from home for too long is a career limiting move.

7) Not identifying rocket ships.

There is always a star in your office that is going places. The star doesn’t always have to be senior to you either. Look at Marissa Mayer who became the CEO of Yahoo at age 37. She hired plenty of under 37 year old colleagues from Google to be her lieutenants.

It’s important to identify the rocket ship so you can also go along for the ride. If your friends ascend to powerful places, they will make sure they take care of the people who helped bring them there.

8) Taking all your vacation too soon.

Before the easiest career limiting move to avoid for new workers is taking a vacation too soon. If you haven’t even worked six months and are already asking for a two week vacation you can kiss your career goodbye.

The first one to two years of work should be balls to the wall focus. Taking vacations too soon shows that you don’t care as much as you should about your future at the firm.

Vacation days almost always carry over up to a certain point, therefore don’t worry about losing them. If you ever leave your firm, your old firm is required to pay your vacation days in the form of income as well.

If you must take your vacations, spread them out in two or three day chunks through the year. Try not to take more vacations during the second half of the year. The second half is usually when bonuses and promotions are decided.

Remember, if you are enjoying your life too much, you will piss off those who don’t. If you piss of those who matter, then you’re not going to be very happy.

9) Calling in sick on a Friday (or Monday).

Everybody knows that if you call in sick on a Friday you are blatantly lying. Your boss knows that you are taking a three day weekend to go booz it up with your friends in Vegas.

What are the chances that you are really sick on a Friday in a week of 7 days? 15%! If you call in sick more than a couple Fridays then you should start looking for a job right now since it’s statistically rare to always be sick on a Friday.

Thanks to the pandemic, it’s much more acceptable to call in sick. In fact, nobody wants anybody to ever come into the workplace sick again! However, just don’t consistently call in sick on a Monday or Friday.

10) Never volunteering for extra work.

It’s important to raise your hand when your boss asks for volunteers. Take it as a privilege that you get to do more work. Your bosses will recognize those who go above and beyond their day to day jobs. Bosses love employees who come in on the weekends. Another big tip is to volunteer for your boss’s charity.

11) Overestimating your abilities.

You may have gotten straight A’s at Harvard, but you don’t know shit once you first start working. If you carry your superiority complex into the work environment without putting in your due diligence, you will fail miserably. It is much better to come in with the attitude that you know nothing.

Suffering from Dunning-Kruger (delusion) is one of the biggest career limiting moves. Always stay humble, respectful, and curious.

12) Interoffice romance.

Dating a colleague is risky business. There are strict HR policies that either forbid interoffice dating or that if a relationship occurs it must be reported for liability reasons.

If we know that 50% of marriages end in divorce and even more relationships don’t even get to the marriage point, chances are high that eventually the relationship will back fire.

If you can’t deny love, then just don’t get caught on camera doing something funny on the conference room table. Dating a colleague that turns sour is a huge career-limiting move.

From the firm’s perspective, there is a lot of liability when there is interoffice romance. Sexual harassment is like the Black Plague for firms. Be careful with this career limiting move. Try to keep your romance private.

13) Jumping ship too soon.

There’s an inherent desire for all of us to want more now. If we are underappreciated and a better opportunity comes along, then absolutely jump ship. But if you are on track but simply lack the patience, then you are shooting yourself in the foot because you have to redevelop all your existing relationships.

Make sure you read the list of things to consider before quitting your job. Everything always seems greener on the other side. Make sure you bring some fertilizer.

14) Writing an open letter to your boss.

I’m not sure if this is a Millennial thing, but writing an open letter online to your boss to complain about your pay and your work environment is a terrible, terrible idea. It shows that you are an egomaniac who wants attention and isn’t willing to discuss internal matters in private.

Having a low emotional intelligence won’t get you very far. It will probably get you laid off because you’ll be deemed an unstable liability to the firm.

15) Abusing personal time with company time.

Everybody will go through some type of situation where you’ll need to take time off to take care of a loved one or family member. Employers understand this and have no problem with the occassional departure.

However, if you decide that it’s OK to always leave at 2pm while your colleagues stay until 6pm to take care of your child, eventually something is going to give. This is especially true if you haven’t been at the employer for very long.

Your personal business should be addressed on your personal time. It’s a competitive world where many business can’t afford to not have fully dedicated employees. Try to negotiate a pay cut if you still want the job but clearly can’t put in the same amount of hours as everybody else.

16) Being a jackass outside of the work place.

There world is small and people talk. Being a jackass outside of the work place is a big career-limiting move as well.

I play a friendly meetup softball game in San Francisco every month. There’s this rude 25-year-old guy named John who graduated from UC Santa Cruz. For some reason, he has something against me, even though I’ve never said anything bad to him or even know him or his friends.

During our second game of the day, I mentioned to everybody that I probably had to leave around the 5th inning as a courtesy heads up. And then he spits out like venom, “Then why did you sign up then?”

Only an antagonistic asshole would say this. I told him because our babysitter called in sick and I wanted to relief my wife from care taking. This was the fourth time he has said something snide to me out of the blue.

Unfortunately for him, he limited his career because I know his boss. Don’t mess with strangers outside of work. If you are not yet financially independent, be kind and respectful to everyone instead.

17) Always working from home

Post-pandemic, working from home is common place for knowledge workers nowadays. However, if you’re still in your 20s and 30s, always working from home is a career-limiting move.

You need to be building relationships and being in sight. Because those who are out of sight are out of mind. WFH employees are more easily fireable. WFH employees also will get passed up more often for promotion and pay raises.

When a recession comes, those with less experience who’ve been working from home will get laid off first. As a manager, it’s much easier to lay people off you don’t see in person and don’t know as well. It’s way breaking up with people over text message or e-mail is easier.

The quiet quitting movement is great for setting boundaries between your work and personal life. Just be careful to not take it too far if your company culture requires more from you.

Knowing Your Place Is #1 Opposite Career Limiting Move

Out of all the career limiting moves, not knowing your place is the worst career limiting moves. Knowing your place is the most important thing to grow your career and make more money.

When you are just starting out spend most of your time listening, studying, and volunteering for work. Sooner or later you will no longer be the green gord in your office. Just be patient.

I hear a lot of excuses from people who “just don’t want to play the game.” The excuses are born out of laziness and lack of knowledge. Selling yourself internally is just as important as selling yourself externally.

You are being naive if you think doing great work alone will move you ahead. I didn’t particularly like the process of selling myself, but I knew I had to in the very political world of finance where big bucks are at stake.

Only after I started planning my exit did I begin to not care as much. My focus was on engineering my layoff to receive maximum severance benefits. Remember, a job is a means to an end. Don’t cock it up!

Negotiate A Severance, Don’t Quit

If you want to leave a job you no longer enjoy, I recommend negotiating a severance instead of quitting. If you negotiate a severance, like I did back in 2012, you not only get a severance check, but potentially subsidized healthcare, deferred compensation, and worker training.

Since you got laid off, you’re also eligible for up to 27 weeks of unemployment benefits. Having a financial runway is huge during your transition period.

Conversely, if you quit your job you get nothing. Check out, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye, on how to negotiate a severance. I recently expanded it to over 200 pages with new resources, strategies, and additional case studies thanks to tremendous reader feedback.

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Start Your Own Website, Be Your Own Boss

If you’re sick of office politics or have already performed many career limiting moves, then it’s time to be your own boss.

There’s nothing better than starting your own website to own your brand online. Why should LinkedIn, FB, and Twitter pop up when someone Google’s your name?

With your own website you can share your thoughts, sell a product, sell some else’s product, make passive income, connect with potentially millions of people online, and find a lot of new consulting and FT work opportunities.

Every year since 2012, I’ve found a new six figure consulting opportunity thanks to employers finding Financial Samurai online. Start your own WordPress website like this one today.

You get a free domain name for a year as well. You never know where the journey will take you! There’s not a week that goes by where I’m not thankful for starting my site back in 2009.

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. Sam is also the WSJ bestselling author of Buy This, Not That: How To Spend Your Way To Wealth And Freedom.

Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. Everything is written based off firsthand experience. 

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Filed Under: Career & Employment

Author Bio: I started Financial Samurai in 2009 to help people achieve financial freedom sooner. Financial Samurai is now one of the largest independently run personal finance sites with about one million visitors a month.

I spent 13 years working at Goldman Sachs and Credit Suisse (RIP). In 1999, I earned my BA from William & Mary and in 2006, I received my MBA from UC Berkeley.

In 2012, I left banking after negotiating a severance package worth over five years of living expenses. Today, I enjoy being a stay-at-home dad to two young children, playing tennis, and writing.

Current Recommendations:

1) Check out Fundrise, my favorite real estate investing platform. I’ve personally invested $810,000 in private real estate to take advantage of lower valuations and higher rental yields in the Sunbelt. Roughly $160,000 of my annual passive income comes from real estate. And passive income is the key to being free. With mortgage rates down dramatically post the regional bank runs, real estate is now much more attractive.

2) If you have debt and/or children, life insurance is a must. PolicyGenius is the easiest way to find affordable life insurance in minutes. My wife was able to double her life insurance coverage for less with PolicyGenius. I also just got a new affordable 20-year term policy with them.

Financial Samurai has a partnership with Fundrise and PolicyGenius and is also a client of both. Financial Samurai earns a commission for each sign up at no cost to you. 

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Comments

  1. Thomas says

    September 14, 2022 at 9:26 pm

    You better hope John never finds out it was you. Because if I was him I’d hunt you down and hurt you

    Reply
    • Financial Samurai says

      September 15, 2022 at 7:24 am

      Oh, no need to hunt me down. He knows and he apologized once he realized. I got into a sparring match last month.

      We fight regularly once a month for the past 14 years. Good training to keep fresh. Are you a fighter as well? If so, there’s nothing quite like the adrenaline rush of getting in the ring right?

      Reply
  2. Xhris Thrives says

    August 9, 2022 at 5:35 pm

    Lol haha dude you are worse than a company man lol! You ain’t just trying to sell this garbage but you been eating it for years! Lol

    I’m a slave to work, but who cares? I can buy things I want!

    Reply
    • Financial Samurai says

      August 9, 2022 at 6:16 pm

      Right on! If you feel good being a slave to buy what you want, I’m happy for you. To each their own.

      Personally, I had enough at 34 and negotiated a severance to be free. And I love it.

      Reply
  3. PaulQ says

    June 8, 2022 at 8:28 pm

    “Then why did you sign up then?”

    It’s a valid question.

    Reply
    • Financial Samurai says

      June 14, 2022 at 9:12 am

      Yep. Because my intention was to play, but life happens.

      Being flexible is one key to happiness and a better life. So is learning how to communicate in a friendly manner. There’s a reason why the guy hasn’t been able to launch and still lives at home with his parents and doesn’t have a career.

      But everything is rational long term. We’ll fix what we need if we want.

      Reply
  4. Jonathan Edward says

    September 23, 2018 at 8:26 am

    Great post, thank you! I agree with everything you say and its a very fresh view on one’s career start, especially for us entitled millennials.

    Sam, I find your blog extremely inspiring, especially your concrete and tangible investment advice. There is so much bullshit out there and high-level talk about passive income/side hustles etc., but your blog posts are actually helpful.

    I am 25 years old, finished my masters in Europe and am about to start my first job in Zurich, Switzerland at one of the big 2 banks there, as GS didn’t work out ;-). At first, during uni I was extremely focused on developing my own business idea and told everyone “I could never work for someone.” However, as I matured I changed my mindset. I believe it is extremely helpful to start in a big corporation, learn as much as possible, learn to be humble, work hard and build a network. Let’s see how it goes

    Greetings from Germany!

    Greetings from

    Reply
  5. Ronald says

    April 5, 2018 at 7:34 pm

    This advice makes me think about how difficult the rat race really is. You have to become a corporate whore and bend over. Very sad.

    Reply
  6. Someone says

    January 3, 2018 at 10:06 am

    Looking back on it, using Marissa Meyer from Yahoo is a terrible way to hit the point home. She did nothing but “bad” for Yahoo. I could go on and on but I will save us all the time. Glad they canned her, she was a terrible leader.

    Reply
    • Financial Samurai says

      January 3, 2018 at 10:15 am

      Didn’t she make out with over a $100 million severance package? I just saw her in November and she was looking pretty happy!

      Reply
  7. Luciana says

    August 10, 2017 at 7:34 am

    “Revel in the long hours, the hard work, and the impossible tasks. Once you do, you will ascend.”

    Love it. Truth.

    Reply
  8. Pholile says

    April 17, 2016 at 3:14 am

    Hi FS,

    I really, really love your blog and it’s always great to see my country mentioned (positively) in international articles. I would however like to point out that Swazis (the people of Swaziland) have no cultural or linguistic similarities to Kenya or Tanzania, we speak siSwati.

    Other than that, keep up the good work. You have really helped shape my perspective on finances as a whole.

    Pholile

    Reply
  9. Tara @ Streets Ahead Living says

    August 7, 2013 at 1:48 pm

    There is a perfect example of someone not knowing her place where I work currently. A pretty-young-thing who thinks she’s better than her boss (despite her lack of experience) started going straight to the head of my organization instead of her direct supervisor when she had complaints and also asked for a raise and a title change through him as well. Had she gone to her boss first (who’s an easy-going and talented guy) she actually might have had a chance of getting part of what she asked for. Now that she jumped authority and the chain of command, she pissed off her boss and a lot of people off in the process and she’s since done enough damage to other folks in the organization that she’s now in danger of being fired. It’s unfortunate that “knowing your place” in your career isn’t as common a trait in American culture.

    Reply
  10. Eric Shun says

    July 23, 2013 at 9:15 am

    I’ve worked in government agencies in the past, and most of these rules do not fully apply in that environment. Salaries and wages are pretty much in steps based on service time. Promotions are heavily dependent on affirmative action. Management does not require or expect much performance from certain protected class workers. Non-protected class employees are expected to perform at a higher level, but not a high level relative to many in the private sector.

    Reply
    • Financial Samurai says

      July 23, 2013 at 11:01 am

      Sounds like a great place to work after retiring from the private sector!

      Reply
  11. Financial Samurai says

    July 22, 2013 at 5:00 pm

    It’s part of the reason why prestigious firms look for ex athletes or folks who serves in the military. Besides the discipline and team work, it’s the understanding that each person must pay his or her dues. The rookies carry the bags for the veterans in the NBA, even if the rookie is a super star talent.

    And of course, if you don’t want to know your place, there’s no greater meritocracy than entrepreneurship.

    Reply
    • K says

      July 23, 2013 at 7:31 am

      Funny you mention this, because we actually hired an ex pro basketball player and he quit in a few days. We also hired an ex NBA player and he quit in about a month.

      Reply
      • K says

        July 23, 2013 at 7:31 am

        We aren’t a prestigious firm though.

        Reply
      • Financial Samurai says

        July 23, 2013 at 7:32 am

        Doh. Where did they go? Maybe just hire ex athletes, not world class pro athletes in the future :)

        Reply
      • K says

        July 23, 2013 at 10:04 am

        World class pro’s? I mean yes they made it there but they had been released from their contracts so that’s why they were here. And oops I meant NFL, not NBA. The NFL guy went to go play football for some team overseas. The basketball player went to go do some basketball announcing thing and then a google search tells me he now works for a non-finance co. The NFL guy actually wasn’t bad at it so I was surprised to see him go, but not so surprised since it was to play more football which obviously was his passion. The basketball player…it clearly wasn’t for him. On the flip side we aren’t a prestigious firm so maybe that’s why they didn’t want to stick it out with us.

        Reply
  12. K says

    July 22, 2013 at 1:22 pm

    Well, DOH! on not going to work social functions.

    Are there ways to undo CLM’s?

    Reply
    • Financial Samurai says

      July 22, 2013 at 4:58 pm

      There’s always the ability to reverse course, but one has to make a concerted effort to build pertinent, genuine relationships. We pay and promote people we like and trust. It’s as simple as that.

      Reply
      • K says

        July 23, 2013 at 10:48 am

        OK… I guess I’ll give it one more shot. But if after 1 year I’m not promoted, then it’s time to move on for sure. Is 5 years and no promotion and being a top 3 producer normal?

        I actually used to be the model employee…never took vacations (still have never taken one), worked up until the day before I gave birth (twice), worked through maternity leave from home while I recovered (twice), came back from maternity leave early (twice), was always a top 3 producer, took on unpaid projects outside of my job role, mentored and helped other employees. I used to have a great relationship with my boss (he considered me his little sister and protege, I went to his first son’s bday party, my husband used to be his workout partner, and in many situations I was his loyal henchwoman) and I *thought* I was cool with his bosses, and my colleagues. He pushed for me to be promoted, but I was passed up last year and I was very very VERY bitter about it. That’s when the change in attitude occurred. Probably when all the CLM’s started (except for the alcohol and office romance–I’m completed teetotal and happily married) and office relationships have been strained to say the least. But funny enough it’s also when my production and income also vastly improved. I think I’m still bitter about it though. That’s why I started to look back on all of my past efforts as having been in vain and mad that I took all of the lashings from my boss/brother (who was much harder on me than anyone else because we are both Asian and that is the way it is just done in our culture, right?) and worked this hard to be passed up for an outsider who had NO experience in our industry. Really. None. Management experience yes, but not our industry. It just felt like…why try anymore…why don’t I just focus on production and make that money (I’m a full commish sales rep).

        I’m going to turn a new course for the second half of this year. Focus on production AND go back to the way I used to be. Just a hard pill to swallow.

        Reply
        • Financial Samurai says

          July 23, 2013 at 11:00 am

          I would say being a top 3 producer and no promotion after 5 years is absolutely NOT normal. I would definitely have a heart to heart with your boss to get him/her to explicitly highlight what it is you need to do to get promoted. Make them set a date, and hopefully it’s end of this year. If you don’t get it, you should feel guilt free to cruise and look for something else.

          Reply
      • K says

        July 23, 2013 at 4:18 pm

        Thing is… it wasn’t up to my boss. We’ve had many heart to hearts leading up to it. He wanted me to get promoted. I already was his right hand and doing the job without pay, doing all of the projects, mentoring and helping all of the other employees, actually sacrificing time away from my own deals and away from my family. The only thing that we needed to do was make it official and give me the title. He pushed for it, but ultimately it was his boss or bosses who didn’t support it. We are in a small branch office in CA, corp and upper management is on the east coast, so the east coast bosses (his bosses) didn’t really know me or what I did around here, and for whatever reason, my boss’s recommendation was not enough.

        When I heard that his boss was not on board, the next time he was in town, I caught him alone at the office to ask about the promotion. This management position would have been a position right under my boss and would mean building a running a group that does what existing group already does, basically working parallel to the existing group. I told him why I wanted it, why I was qualified for it, and what my long term plans were at the company.

        He basically told me that A.) the position wouldn’t pay you enough so why do you want it and B.) that you don’t have management experience. On A, he had did have a point. The base pay was well under 50% what I was making at the time. So it would have been a significant pay cut at first, but over time the top end pay would be higher than mine as the group is built and the overrides start coming in, and the title experience would open up better opportunities if I decided to leave after (I didn’t say that to him, but that IS part of why I would have been willing to take the pay cut). I told him I was willing to take the pay cut because I was confident enough in my abilities to build a successful and profitable group that would mean my pay would exceed what I was making at the time. On B, management experience, I told him I actually do have management experience, I had already been doing it in the office for years and that when my boss is out of the office I run the group. He basically told me he needed to think about it, that he wasn’t going to react but would give his official response shortly.

        Well, as you know, they hired the outside guy with no industry experience. I never did get an official answer on what happened to me. My boss comforted me by saying it was better this way…I make way more money than he does and he doesn’t even have an office (he is in a cube, and I do make a LOT more than he does).

        I brought it one more time to my boss’s boss’s boss, and he said it’s good that I’m bringing it up, but that it needs to be seriously looked at a future date.

        I didn’t know what was going on behind the scenes that was limiting my career. My boss couldn’t tell me either. What did I do? What did I not do? What do I need to do? Why won’t anyone tell me? Does a key person hate me? Do they all hate me? Am I too valuable as a top producer to risk pulling me off the floor and turning me into a manager and hoping that we can find someone to replace me? With those thoughts I was just kind of like, well, the hell with it. I’ll just make much money. Attitude change and CLM’s abound since I didn’t feel like it mattered anyway. The money has been good though! But to be honest I don’t want to keep grinding like this forever…I do want to get into management.

        And now you know my whole story! Any theories on what happened and what to do next? How could I have handled it better? Is it really just time to look?

        Reply
        • Financial Samurai says

          July 23, 2013 at 4:40 pm

          At the end of the day, if you are getting more responsibility and headache but even or less pay,
          then forget it.

          The best job is sometimes the boss of one, yourself, who gets paid on performance.

          Reply
        • K says

          July 30, 2013 at 12:41 pm

          Thank you, Sam! Definitely what I needed to hear. At this point I am wondering if wanting the promotion was the CLM in itself. Looking back on it now, I wonder if they think I wouldn’t be a very good leader if I’m the type of person would want a lower paying position with a better title. I was looking at the higher long term upside of having my own team, but maybe they didn’t see it that way. Thank you though, I’m glad that you think I’m better off now without the promotion. I’d love to be truly the boss of one when I retire though :)

          Reply
  13. B says

    July 22, 2013 at 9:20 am

    Oops – I meant have “no consumer debt or student loans” – this to me is a big distinguishing factor.

    Reply
  14. B says

    July 22, 2013 at 9:19 am

    I like your post and at my current firm am willing to implement all but the one related to vacations. It makes me angry inside to think of giving up my vacations to make my employer like me more. While I wonder if I am shooting myself in the foot, I value myself my than I value my firm, and to me a fullfilling life includes taking meaningful vacations. I’m willing to get to the firm before everyone else and stay later on many nights, but they can’t take away my vacations! I wonder if and how this will limit my career. My goal now (I am still early in my career but have consumer debt or student loans) is to learn as much as possible and network as much as possible so that my “employer” has less and less control over me – I could leave anytime to go out on my own and it would be a bigger loss to the employer than to me.

    Reply
    • Financial Samurai says

      July 22, 2013 at 10:51 am

      Take sick leaves instead. You get paid out your vacations once you leave!

      Reply
  15. No Waste says

    July 22, 2013 at 8:15 am

    Sheryl Sandberg, COO of Facebook, said that when was originally offered a job at the then very young Google, she was put off by the lackluster title/position she would be receiving.

    Eric Schmidt immediately said: forget the title, if someone offers you a ticket on rocket ship, you take it.

    Reply
    • Financial Samurai says

      July 22, 2013 at 9:00 am

      Bingo. Identify rocket ships!

      Reply
  16. My Multiple Incomes says

    July 22, 2013 at 8:07 am

    Interesting points, Sam. People who whine about the simplest things and those who always create tension in the office by focusing on office politics instead of their work are on top of my career limiting moves. It’s either they’ll be the first ones to be fired or they’ll end up resigning from the job because they simply cannot work well with the people at work.

    Reply
  17. Financial Samurai says

    July 22, 2013 at 7:17 am

    Did he give you a raise at least while you were there?! Or…. was it only the other way around :p

    Reply
  18. Untemplater says

    July 21, 2013 at 10:30 pm

    I agree that constant complainers are the first ones to get the boot because nobody wants to work with people like that. I agree that controlling your liquor at holiday parties and happy hours is important to your career. I knew a guy who was always getting sloshed and he made such a fool of himself. He lost a lot of respect that way.

    Reply
  19. Mr. Utopia says

    July 21, 2013 at 9:23 pm

    I’ll let you in on a secret – you can get away with every single one of these CLM’s and still rise to the top. How you ask? Work for the government!!

    Ok, kidding aside, this is a pretty good list of ways to shoot yourself in the foot. I’m a permanent teleworker for a Fortune 50 company, so a few of these don’t apply to me. In fact, working from home allows me to take advantage of the coming in late/leaving early taboo. I can answer an e-mail at 8pm or leave my instant message status to available and give the appearance of working way beyond my normal hours. However, in a way, being a teleworker is probably a CLM. With no face time, I’m essentially a name and a voice only. Oftentimes it can be difficult to stand out.

    Reply
    • Financial Samurai says

      July 22, 2013 at 7:16 am

      Id enjoy being a teleworkers now when I have my finances set. But is be too worried my first 10 years about being out of site out of mind.

      Glad it’s working for you!

      Reply
  20. Hannibal says

    July 21, 2013 at 5:59 am

    Minor quibble, your stats on marriage are incorrect – divorce rates for college-educated couples are less than 20%. For those without a high school diploma it’s much higher. Your point still stands though, don’t play at work.

    Reply
  21. Gek says

    July 20, 2013 at 8:01 pm

    People that are offended by you “not knowing your place” are often quite hard to work with. That said this is probably accurate. Sadly.

    Reply
    • Geek says

      July 21, 2013 at 3:04 pm

      And “Gek” is why you shouldn’t type on your phone.

      ~the more you know~

      Reply
  22. Maverick says

    July 20, 2013 at 4:39 pm

    The P.I.E. (Performance, Image, Exposure) model comes to mind here. Your job performance is important, but Image and Exposure combined is more important. It is important to arrive early, stay late, volunteer for special projects, work closely with the office superstar, as well as get face time in front of as many superiors as you can.

    Reply
  23. Kevin Watts @Graduatingfromdebt says

    July 20, 2013 at 9:50 am

    Great post. I am just starting my career and I have followed most of these rules to the tee. In my company even if you are getting results you can get fired very quickly if you are insubordinate. This is something I learned from a colleague who got fired for not listening to his manager even though the manager was new. I am however guilty of taking some Mondays off lol.

    Reply
    • Financial Samurai says

      July 22, 2013 at 7:18 am

      Well, just don’t start taking Fridays off as well!

      Reply
  24. Barbara Friedberg says

    July 20, 2013 at 9:03 am

    Although a CLM, I liked your “how do you like your coffee” line. Humor trumps all! (Just probably not with your superiors) In all seriousness, treat your job with respect, do your best and then do a bit more. Figure out how to negotiate for the highest salary possible by trumpeting your accomplishments. And it won’t hurt to kiss a bit of butt to get ahead!

    Reply
    • Financial Samurai says

      July 22, 2013 at 7:18 am

      Brown nosing in a skillful way always helps actually. Make your boss look good, and you too will look good.

      Reply
  25. krantcents says

    July 20, 2013 at 8:54 am

    Very interesting points! Everyone is in a rush to the top! They do not want to pay their dues and learn the basics. It doesn’t mean indentured service to pay your dues!

    One of your examples reminded me of a conversation I had with my boss very early in my career. He told me no one sees when you come in, but everyone will notice when you leave. I used to come in early because I was in a carpool and left about 9-10 hours later. It didn’t matter I was putting in just as much time, he disliked I was leaving “early”. I generally arrived approximately 7 AM, he did not get in until 9 AM! It did not harm my performance, but it was appearances. I was promoted 2 years later.

    Reply
    • Financial Samurai says

      July 22, 2013 at 7:20 am

      Smart man. Mine was the opposite since so many coworkers got in by 5am before the markets. They saw me get in later at 7:30am, but never saw me work until 6:30pm when they leave at 3pm. CLM! But, I didn’t care at that point as I was performing well, and then I became slowly disinterested.

      Reply
  26. Pat S says

    July 20, 2013 at 5:25 am

    Great way to think about it.

    I would add one to the list (similar to complaining), and that is self fulfilling prophecies. I’ve seen so many people who assume they will fail or doubt their abilities sabotage themselves by the very actions they think will help them get ahead.

    Knowing your place is key, true. But knowing who you are and what you want out of life might be even more critical. That, and never letting the only person who truly values your success (you) stand in your way.

    Reply
    • Financial Samurai says

      July 22, 2013 at 7:21 am

      Hmm, interesting point. On Wall St, everybody I knew was pretty much a go getter balls to the walls type. Self doubt or confidence was not lacking. But I can see that playing out in other industries for sure.

      Reply

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