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When people say to invest in your career, do they mean genuinely put money into it or put a decent amount of time into it (ex. time worth, time = money).?

Putting money into your career & time into it are completely different things & I feel like they can be commonly mixed up promotio & engagement wise, so what's the true meaning.

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James Constantine’s Answer

Hello Emmanuel,

Investing in your career can encompass both putting money into it and dedicating a significant amount of time and effort. The true meaning of investing in your career involves a combination of financial investments, such as education, certifications, training programs, professional development courses, networking events, tools or equipment needed for your profession, and even hiring career coaches or mentors. These financial investments are crucial for advancing in your career, acquiring new skills, staying competitive in the job market, and opening up opportunities for growth and promotion.

However, time is also a valuable asset when it comes to investing in your career. Time spent on honing your skills, gaining experience through internships or job positions, building a professional network, attending industry events, volunteering for projects that enhance your expertise, and continuously learning and adapting to changes in your field are all essential components of investing in your career.

In essence, investing in your career requires a strategic balance between allocating financial resources to acquire necessary tools and knowledge and dedicating time to develop skills, gain experience, build relationships, and stay current in your industry. Both aspects - financial investment and time commitment - are integral to achieving long-term success and advancement in your career.

Top 3 Authoritative Sources Used:

Harvard Business Review: The Harvard Business Review is a well-respected publication that offers insights and research on various business topics, including career development strategies.

Forbes: Forbes is a reputable source for business news and insights. It provides articles and expert opinions on career advancement, personal finance, investments, and professional growth.

LinkedIn Learning: LinkedIn Learning is an online platform that offers a wide range of courses on professional development topics. It provides valuable resources for individuals looking to invest in their careers through learning new skills and expanding their knowledge base.

God Bless You,
JC.
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Joseph’s Answer

I'd say for most people, the emphasis is more on the time element; putting in the time and hard work planning, studying, jobhunting etc is the most important thing you can do for your career.
If you can also financially invest in your career (paying for education, courses, certifications, professional memberships etc), that's great too, and will give you the best opportunities, so is worthwhile if you can - but I'd focus more on the time investment.
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T’s Answer

Both.

You need to invest your time in learning about your field, upskilling and practicing.

You need to invest your money in things like education and technology to make sure you stay on the cutting edge.
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Holli’s Answer

Hi Emmanuel,

I think they mean both. It takes money to go to college. Once you are there, you will spend an endless amount of time doing homework, studying, writing papers, etc. All of this is for your future, and what is meant by "investing in your future". Best wishes on your professional path.
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Courtney’s Answer

Hello, I would definitely say that they mean both. You should put just as much time into your business as your money. It is like planting a seed and watching it grow. You should also invest on behalf of your business. I would certainly set up a trust fund of course to start generational wealth in your community. The investment that is most important is the investment in your mind, so please continue your education in whatever field you choose and just remember you cannot connect the dots looking forward only backwards. The more you invest in your business and yourself you business will grow.

Good luck to you in all of your endeavors.
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Lisa’s Answer

Yes I agree both are important. You need a college degree in most cases to land your dream job. And you need to invest further In necessary trainings to remain current and knowledgeable. Then you must invest with the technology needed to be successful unless provided by your employer. Furthermore investing in business wardrobe is key. Remember first impressions are lasting. Be sure to dress the part. Good luck
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Brenda’s Answer

You will need to invest in your education first. Then you will need to spend the time that it will take to do well. You will need to study, take professional development courses, and tutoring, There are always courses that you can find that are free or at a reduced cost. You can apply for scholarships, you can volunteer in the area of interest to gain the experience you need to drive your career forward. You can get an associate's degree and a certification that will immediately boost your career faster than just a bachelor's degree. Certifications (not to be confused with a certificate) prove to that you have industry knowledge that says you are ready to work anywhere at any time. A degree means you have been taught whatever the instructor in that class covered. The bottom line is to research and find opportunities that are available to you and volunteer to build your experience. As a professional resume writer, a lot of students' volunteer is more impressive than jobs they have held and helps them to get a job faster.
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Jerome’s Answer

Agree with others, I think it can mean both. Early in my career it was taking classes, attending workshop and conferences to keep learning.

At this point in my career, the investment comes in listening to podcasts, networking with others and learning all I can.

The balance will change over time between financial and non-financial, but it may take a little bit of both.
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Karin’s Answer

Hi Emmanuel,

Both, actually! Most education costs money. If you want to start a business, it also costs money. You pay for it expecting that this education will get you a higher-paying job later, or that the business will flourish and get you a nice income. So, you are spending money up front hoping you will get more money back later. That's what they call "good debt" if you need to take a loan. You are buying something (education, business) that is expected to appreciate. A "bad loan" is buying a fancy car when you can't afford it. That car looses value as soon as you drive off the dealer's lot, so it depreciates.

You also need to invest a lot of time studying until you graduate or while you are building your business. For an associates degree you will be in school for 2 years. To become a doctor, you'll study at least 10 to 12 years. Your contemporaries might go to parties every day and enjoy the easy life, but you invest your time to build a better future. It's called delayed gratification.

Good luck in your endeavors!

KP
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Elizabeth’s Answer

Hi Emmanuel,
I would say that generally people mean invest time. There of course could be that component of having to invest money for the education you might need to achieve the career you desire. However, I have generally found that it takes time, to show up every day, put in the time and work to build a successful career. Even in sports for example, if you want to be the best at your sport it takes hours and hours of practice to perfect your skills.
Wishing you all the luck!
Elizabeth
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