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

May 17, 2025

Nigeria's major producer halts oil feeds into key pipeline for crude exports after burst

Nigerian oil firm Renaissance Energy has halted production on one line feeding into the Trans…
May 12, 2025

Northern leaders demand urgent action on insecurity, push for state police

Amid worsening insecurity across Nigeria, the 19 Northern governors and traditional rulers have called for…
May 16, 2025

Maple syrup and honey are both natural sweeteners. Which is better for you?

Sarah Jacoby Natural sweeteners — especially maple syrup and honey — have taken over social…
May 17, 2025

Woman files for divorce after ChatGPT read husband’s affair in coffee cup

A Greek woman decided to divorce her husband of 12 years after ChatGPT told her…
May 17, 2025

Finland charges Simon Ekpa with terrorism over Biafra agitation

The Finnish government has formally charged Simon Ekpa, a Nigerian-Finnish citizen and controversial pro-Biafra activist,…
May 17, 2025

What to know after Day 1178 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Russia’s top negotiator outlines key outcomes of Istanbul talks Russia’s chief negotiator at…
May 11, 2025

African diet – plantains and cassava can be as healthy as tomatoes and olive oil,…

Plantains, cassava and fermented banana drink should be added to global healthy eating guidelines alongside…
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.