Friday, 30 June 2023 02:49

The most common career mistake young people make, according to Uber CEO

Rate this item
(0 votes)

Some people reach incredible heights in their careers because they happen to be the kind of creative genius who has the right idea at the right time. Most tech-whiz kids like Bill Gates, Steve Jobs and Mark Zuckerberg fall into this bucket. 

But what if you're the kind of entrepreneur who wasn't lucky enough to think up the idea for Facebook in 2004 and is looking for a more step-by-step path to career greatness? Then you could do a lot worse than follow the example of Uber CEO Dara Khosrowshahi. 

A lucky break and a fast climb 

Khosrowshahi started out with the advantage of coming from a storied family of business tycoons, but his initial forays into business didn't look too different from the path taken by many bright and ambitious young people.

After earning an engineering degree, he followed a girl he liked to New York City, where he landed a job as an analyst at Allen & Company. 

That's when things took an unusual turn. A few years later, he was still a junior employee tasked with running numbers for a huge deal by media mogul Barry Diller. When Diller demanded someone explain the numbers to him, Khosrowshahi's boss was sick and he found himself talking through his model with the billionaire. 

Impressed by Diller, Khosrowshahi soon made a jump to work for one of his companies. Once there, he became Diller's protégé, moving swiftly up the ranks of Diller's companies to eventually become CEO of Expedia. Then, in 2017, he left the company to work for Uber. 

While Khosrowshahi is extraordinarily successful, he's worked his way up based on business and personal canniness rather than Richard Branson-esque daring or Steve Jobs-level creative vision. What's his advice to young people looking to climb high and fast too? 

Plan less

According to a recent in-depth interview on the podcast Acquired (hat tip to Insider), Khosrowshahi's secret is simple – plan less.

"The most common mistake that I see in young people is that they over plan their career. 'Oh, I want to do X or I want to be vice president or I want to make so much money by a certain time,'" he said.

"And when you over plan your career, there's this human bias which is to look for a signal that agrees with the plan you have and ignore everything else that doesn't agree with it." 

That can cause you to miss incredible chances that are right in front of you.

"You never know what opportunities are going to come up. I planned to stay at Allen & Co. my whole life," he recalled, before recommending "being open to possibilities, being open to opportunities and then when you get that opportunity, going all in. Don't hedge. Do what's required of you and 50 percent more. Blow people away."

And keep your eyes open

There are plenty of reasons to think this is more than just the personal opinion of one particular rich guy. When LinkedIn surveyed members for their best career advice for young people, a similar theme came up again and again.

Sometimes too much planning keeps you from jumping in, learning, and seizing opportunities that crop up, professional after professional said. Instead, get out there, do, experiment, observe and adjust. 

Similarly, theorists of luck insist one of the biggest drivers of being a lucky person isn't just blind chance and hustle, it's the ability to spot luck when it's in front of you. This is referred to as "luck from awareness," if you have your head buried in a rigid five-year plan, you're unlikely to benefit from it. 

Last but certainly not least, President Obama was also recently asked about his advice for young people. He framed his thoughts differently – his takeaway boiled down to "get stuff done" – but Obama's underlying thinking had a lot in common with Khosrowshahi's.

Both men stress focusing on the work front of you now and giving it your all and caution against fixating on when and how you'll reach certain fancy-sounding milestones. 

All of these examples lead to the same takeaway for those starting out in their careers.

Planning has its place, of course, but it can actually be a distraction when you get to the point when you're spending more time thinking about the future than scanning the present for problems to fix and jobs to excel at.

As Khosrowshahi concludes, the best advice for young people is simple: "Keep your eyes open because you never know."  

 

Inc

March 10, 2025

30% of Nigeria’s small and medium businesses shut down due to unfavorable economic conditions, NESG…

The Nigerian Economic Summit Group (NESG) has revealed that 30% of Nigeria’s 24 million registered…
March 07, 2025

Natasha suspended from Senate amid sexual harassment allegations against Senate President Akpabio

The Nigerian Senate has suspended Natasha Akpoti-Uduaghan, representing Kogi Central, for six months without pay…
March 09, 2025

‘One of the most powerful antidotes to loneliness,’ from U.S. Surgeon General

Every year in January, I tell myself I’ll spend less on dinners out, read more,…
March 01, 2025

Man offers to split $525,000 jackpot with thieves who stole his credit card to buy…

A Frenchman appealed to the homeless thieves who stole his credit card to buy a…
March 09, 2025

CJN reassigns Nnamdi Kanu’s case following court outburst

Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has thanked the Chief Justice…
March 10, 2025

What to know after Day 1110 of Russia-Ukraine war

WESTERN PERSPECTIVE Russian forces take three new settlements in drive to oust Ukrainian forces in…
February 24, 2025

How AI is affecting the way kids learn to read and write

Kayla Jimenez For Lisa Parry, a 12th grade teacher in South Dakota, the students' essays…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.