Monday, October 31, 2011

The One Who Knocks


http://hereandnow.wbur.org/files/2010/03/0318_cranston-e1269050096142.jpg

"I'm not in danger. I AM danger!"


There is no definite set of actions that will land you in a “successful” result. There is always uncertainty. It's like Heisenberg's principle, where you can’t measure the velocity and the location of a particle at the same time (I know you science-illiterate Breaking Bad fans were wondering where “Heisenberg” came from); You can never assess the success of your current situation and how quickly you are going to your new location simultaneously. No matter how well or poorly you think you are doing, there will always be something left to chance.

Although life is uncertain, its not a total crap-shoot. If you have a college degree and get a job related to your major, the chances of you ending up in poverty are (supposedly) extremely low unless you take on drugs, gambling, or fail at business.

“Career Planning” aims to reduce uncertainty. Since poverty is the main fear of everyone, most take a strategy to prevent poverty. This includes getting a certain level of education with the expectation to get a job of high security, and reasonable salary. The “no-poverty” strategy usually aims at slightly better than average and greatly reduces your chances of extreme failure, but also extreme success. As this strategy proves to become effective at protecting against failure and resulting in better than average, more and more people adopt it till it becomes the strategy of the masses.

Fisherman always aim to maximize their catch by fishing in the most fish dense areas. If a certain area of the ocean proves to render great fish, all the fisherman will flock there. After some time that area becomes over-fished, and no longer benefits anyone. The problem occurs when so many individuals take the same strategy that it loses it’s competitive advantage. If the number of individuals of people using the mass strategy becomes too large, it will effectively decrease the average payoff. You can "over-fish" a strategy too.

When I started undergrad in 2006, there was a large demand for Finance majors on the east coast. This “hot” information caused a disproportionate number of of my peers to choose Finance as their major. Most people are “external opportunists”- they do whatever they think will offer the easiest payout based on external circumstances. Majoring in Finance was the mass strategy. No one saw the error adopting this strategy till 3-4 years later when an abundance of Finance majors started graduating an there were hardly any Finance jobs available. That area of the job market had been over-fished.

When it comes to any life strategy, career or otherwise, there is a Red Queen race between the individual and the masses. “The Red Queen” refers to the Alice in Wonderland character whose country is constantly moving so she has to run just to stay still. The faster she moves, the faster the land moves, so she never really gets anywhere. The same goes for those who copy what everyone else is doing. Once everyone and their grandma starts doing the same thing, the playing field is leveled, and all the players are back to where they started.

The only way to protect yourself against the exhaustion of a red queen race, is to not run in it. If you play into what you think society or your peers will pat you on the back for, you will always be a bitch of the masses. That doesn't mean sit around and do nothing. One must realize that no matter what path you take, you will always be exposed to chance. My "starving artist" friends are doing just about as well as my "9-5" friends. You might as well do what you are most interested in because being "an opportunist" leaves you vulnerable to the whims of the market. The path that will give you the highest probability of success - whatever you define it as - is doing what you find fulfilling.



http://images.wikia.com/breakingbad/images/d/d1/Heisenberg_S4.jpg

Who are you talking to right now? Who is it you think you see? Do you know how much I make a year? I mean, even if I told you, you wouldn't believe it. Do you know what would happen if I suddenly decided to stop going into work? A business big enough that it could be listed on the NASDAQ goes belly up. Disappears! It ceases to exist without me. No, you clearly don't know who you're talking to, so let me clue you in. I am not in danger, Skyler. I AM the danger! A guy opens his door and gets shot and you think that of me? No. I am the one who knocks!"
-Walter White, Breaking Bad




Friday, October 28, 2011

Our Impotent Generation


http://nymag.com/news/features/my-generation-2011-10/




Our generation has E.D.

We, the “Millennials,” the most recent college graduates, are supposed to be popping our life cherries- only most of us can’t get it up. Record high unemployment and underemployment means that your barista at Starbucks may have actually scored better on the SATs than you did. (The one who just served me my Salted Caramel Mocha definitely has a better vocabulary than I do.) Many blame the economy, the government, education, or “Wall Street.” Yes there are some unfavorable conditions out there right now. But it’s time to grow a pair and stop blaming the environment for your whisky dick.

Many of our talented peers have been forced to revert to communism-a.k.a collect unemployment. (I’ll be giving handys to truckers before I give up on capitalism but that’s besides the point). You can’t blame the economy. “Occupy Wall Street” was born of young people who are rebelling against the game because they never learned how to play. Today’s college grad has a great education on how to be fed, but most don’t know how to fish.

New York Magazine’s October 24th cover article, with caption “Sucks to be Us,” documents the current situation of young Americans, who can’t find meaningful work despite “doing the right thing.” “Right” meaning conventional. If you went to high school in the 21st century it should look very familiar. Here it is simplified:

  1. Get good grades/SAT score.
  2. Go to most expensive school who will accept you.
  3. Major in a field where there is a “demand.”
  4. Get good grades and “participate” in extra-curricular activities to fill up your resume.
  5. Go back-packing in Europe before you “commit to your career."
  6. Get a “cushy” job (and pray you don’t have a mid-life crisis.)
  7. Settle down in the suburbs with 2.5 kids and dog.
  8. Retire, cash in on your IRA, tell your grand-kids to do the same.



Many are met with frustration when they follow the formula to a T and but don’t find the promised land. We have the highest unemployment rate of adults with college degrees (and the corresponding debt) since WWII. Noreen Malone, the author of the previously mentioned New York mag article and fellow 20-something, quotes her friend Lael who exclaimed,


“[T]ell me what I need to do to get ahead, because I did everything right!”


The conventional formula was made with good intentions. The conventional path becomes convention because at one point it was strategy with the highest probability of the desired result: “not being a fuck up.” Parents and teachers in the last 2-3 decades wanted a way to recreate “success” in cookie-cutter fashion. This mass production of “successful” worker-bees has zapped many Millennials individual determinism, removing the passion for self-actualization. Ayn Rand must be spinning in her grave.

"Happiness is that state of consciousness which proceeds from the achievement of one's values."


When I was in college we were taught “how to have a career.” The School of Management even had a class on resume writing and interviewing- as if there was a formula to “selling yourself.” Resume templates and prep questions made all the business students at the University of Buffalo quasi-identical “job-hunting ants.” The result is obliviousness to a common sense truth:

Marketing yourself doesn't matter if the product sucks.

Seth Godin kicked Madison Avenue in the balls with Purple Cow. For those of you not in marketing and have never heard of it, the gist of the book is that the best marketing is in the product itself. Today it’s too easy to distribute information with this Internet thingy people are using. No amount of advertising will sell a product that isn’t worth talking about. The best marketing is to make the product remarkable, and let the word spread. This is true for a person as much if not more so than a product.

Kids are being being taught to strive for grades over knowledge, credentials over experience. Ideally your grades are a representation of what you know, but many Dean’s List recipients have no idea how to apply such knowledge a semester later. Your resume is supposed represent your character and experiences. But if your activity in the student government was just a ploy to be “marketable,” you are no better than a broken down car with a fresh coat of paint.


“I admit my co-secretaryship of the math club had nothing to do with any passion for numbers and much to do with the extra credit points.”
-Noreen Malone, The Kids Are Actually Sort of Alright. New York Magazine. Oct 24th, 2011.


Too much weight has been placed on seeking others’ approval. Basing your success on whether or not a recruiter is impressed by your resume forfeits your locus of control. If the job market shifts (I hear we’re in a recession), then suddenly the time you spent on “impressive activities” is worthless. You’ve invested in Confederate money.


"Dagnabbit!"

Jefferson Davis would have been a billionaire if only the South had won.

Developing skills and character is the only investment that is guaranteed a return. Working on yourself for your own fulfillment means you will have recession-proof value. This will always be rewarded with positive life experiences even if Corporate America isn’t giving handouts. A highly developed skill set means you can stay hard regardless of the economy or any other circumstances. Hopefully the shitty economy will teach our impotent generation that we are not entitled to anything. You might actually have to stimulate yourself in order to get it up.


p.s. I'm not anti-Occupy Wall Street. I'm actually a big fan of free speech and drum circles,