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3 Career Mistakes That Will Cost You Money and Future Opportunities

Updated: Aug 30, 2022

We all know that making mistakes is a part of life, and I'll even admit that I've made a few in my career. While mistakes are often a great opportunity for learning and growth, sometimes it's best to learn from others to avoid making some costly mistakes of your own.

There are 3 major career mistakes that you'll really want to avoid because they can cost you big time - in terms of money and future opportunities. Even if you're currently employed and happy in your job, you might be surprised to find out that you're making one (or more) of these mistakes that might hurt you down the road.

So, read on if you want to protect your career and ensure your future success!

3 Career Costly Career Mistakes to Avoid

Not Updating Your Resume Every Six Months

You might not be job hunting right now, but that doesn't mean your resume should collect dust on your computer. In fact, one of the best things you can do for your career is to update your resume regularly so it's always ready to go just in case that dream opportunity comes along.

Think about it this way - can you tell me what you had for dinner 6 weeks ago on Thursday? Didn't think so… As time goes on, we forget about the day-to-day tasks we complete. This is even more true in your career. 5 years from now, you won't remember the impressive projects you worked on, the challenges you overcame, or your most outstanding achievements.

Updating your resume every 6 months ensures you have a place where all of your accomplishments are captured. This is important not only for applying to future companies but also for promotions and raises. This habit will ensure you can articulate and quantify the impact you're making in your role.

Having a "That's Not My Job" Mentality

If you prefer to stay in your lane and only do what's asked of you in your job description, you might want to think again. The best way to earn a promotion or a raise within your business is by taking on new responsibilities and showing your managers and team members that you're a team player.

To advance in your career, you need to be open to learning new skills, thinking outside the box, and taking on tasks for the greater good of the team/organization. I'm not asking you to be a doormat, but opportunities come to those who are willing to break out of the mold, step outside their comfort zone, and ensure the job gets done.

Failing to Network Outside of Your Organization

Careers are built within the walls of an organization, but money and opportunity can be left on the table when you're unaware of what's happening outside of your company.

Networking with others in your career field and industry will allow you to learn new information about processes, best practices, and industry standards. It can also often lead to discussions about compensation. What better way to know if you are being paid fairly than to have candid conversations with those in your industry.

Not sure how to network? Start by attending industry events, local meetups, or even joining Facebook groups for professionals within your niche. You can also connect with others on platforms like LinkedIn or Twitter. Networking doesn't have to be a chore; in fact, it can be a lot of fun when you find others who share your interests.

I also offer 1:1 consultations to create a custom networking plan. Book an online coaching session with me today to get started!


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