Saturday, 04 May 2024 04:51

‘Your personality will get you 10 times richer than your intelligence,’ says self-made millionaire who retired at 35

Rate this item
(0 votes)

I interviewed millionaire early retiree Steve Adcock recently on the subject of financial regrets.

Adcock identified one thing he wishes he knew in his 20s that would have made him wealthier faster: how much emotional intelligence matters.

“Your personality will get you 10 times richer than your intelligence,” Adcock told me. “I learned that throughout my career, slowly but surely. I worked with a lot of smart people, no doubt about it. But those smartest people in the office weren’t necessarily the ones getting the raises and promotions.”

In short, your EQ can get you more opportunities for raises and promotions than your IQ, he said.

I think that was something I generally understood to be true, but hearing it aloud got me a little nervous. I’m one of the few fully remote workers on my team. I’m doing good work, but who would you promote — the guy you chat with on Slack or the person who you take your lunch break with every day?

So I enlisted the help of Vicki Salemi, a career expert at Monster, to find out how anyone – remote or not – can show off their EQ at work. She suggests three strategies.

1. Act the part. If you think you’re ready for a bigger job at your company, start stepping into that role. “Even if the management position doesn’t exist, act as if you are the manager and take the lead,” she says. That doesn’t mean start bossing people around. Rather, make it a point to come to meetings ready to propose new ideas and initiatives.

2. Get people on your side. If you’re looking to hone your soft skills, ask your boss or even colleagues or external clients which ones they think you should focus on in order to advance your career. “Ask them what areas you need to develop. Make them part of this journey with you,” says Salemi.

3. Find a mentor. Do you have a favorite person in the office? It could be someone whose career you aspire to have or the colleague you enjoy working with the most. Ask them to show you the ropes, either in a formal or informal mentoring relationship, Salemi says. What’s more, think about what makes them such a great colleague and emulate them.

 

CNBC

June 18, 2025

Nigeria imports N1.2tn worth of crude oil as domestic production falls short

Despite its status as Africa’s largest crude oil producer, Nigeria spent N1.19 trillion importing crude…
June 14, 2025

Tinubu's pardon of 'Ogoni Nine' rejected by Ogoni people

Ogoni activists on Friday rejected a posthumous pardon for nine members executed three decades ago…
June 16, 2025

Harvard happiness expert: Do this easy exercise right now to stay socially connected

Renee Onque An 87-year-long Harvard study found that social fitness — maintaining your personal relationships…
June 14, 2025

Traditional healer treats the sick with snake bites

Rosalio Culit, also known as Datu Kamandag among his fellow Manobo tribe members in Surigao…
June 15, 2025

Over 100 feared dead as gunmen attack Benue communities in night of horror

At least 100 people have been killed in a brutal overnight attack on Yelewata, a…
June 18, 2025

What to know after Day 1210 of Russia-Ukraine war

WESTERN PERSPECTIVE G7 abandons joint Ukraine statement as Zelenskiy says diplomacy in crisis Ukrainian President…
June 13, 2025

Your favorite alcoholic beverage linked to deadly form of cancer, study finds

Nicole Saphier joins 'America's Newsroom' to discuss the surgeon general pushing for cancer warning labels…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.