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The No. 1 worst piece of career advice billionaires give, says bestselling author

According to self -made millionaires and best -selling author, billionaires tend to give a bad career advice. Scott Galloway: Follow your passion.

Galloway, a series of entrepreneurs and marketing professors of New York University, said, “Follow your passion for the worst advice given by billionaires'” A section “Everyone who tells you to follow your passion is already rich.”

Born in a single mother in Los Angeles, Galloway said that her family’s income never exceeded $ 40,000 during her childhood, and that her passion for athletics would bring her financial freedom. After discovering that professional sports were not in the future, he graduated from UCLA and received an analyst at Morgan Stanley.

Quickly, ‘I do not have skills for this,’ he said. He began to run different ideas and decided that he was more suitable for entrepreneurship than working in a large company. According to Linkedin in 1992, the marketing company founded the prophet.

Galloway later established In 2010, a research company L2 was purchased for a amount reported in 2017. 130 million dollars. The career journey shows that success is not about blindly following the passion or entering a stereotypically profitable area. Instead, combine what you can make money when you are good and embrace opportunities for Pivot.

“I applied for 29 jobs [after graduation]. I have an offer, “Galloway said.” My ability to reject the key to my success or especially to withstand it. Because often if you don’t do ‘no’, you will never be great ‘yes”.

Galloway’s feeling reflects similar interpretations of MasterCard CEO Michael Miebach, who tells young people to look beyond what they are passionate about when they are passionate. He realized that he had a mastery for leadership at the beginning of his career and helped others and that he had almost 16 years in Mastercard’s role in a series of members of the board of directors in companies such as IBM and Metropolitan Opera.

“I love the fact that you follow your passion, but you should also see what is really good? What distinguishes you?” Miebach tells the trainees, he said Last interview With LinkedIn Editor -in -Chief Daniel Roth. “Understand, where is the intersection point of your passion, what is really important and what can be good?

Finding your strong aspects does not happen overnight and can get some refined and even failure. Let’s say you are a news producer that has recently been dismissed, so you start to attract and edit documentaries to stay active. Now, you’ve learned that your power is not difficult news and short packages, but in fact long form content and storytelling.

According to Yale University Psychologist and Happiness Specialist Laurie Santos, you can adopt a growth mentality and turn it into the idea of learning difficult currents or the idea that you can always improve your skills. In this way, if you encounter failure or rejection, you know what steps to take and avoid to continue to progress in your life and career, he said that CNBC did in 2023.

“This allows us to learn more about how to do better in the future.” He said.

Would you like to be a successful, confident communicator? Take CNBC’s online course Make an effective communicator: Speaking with the public master. We will teach you to talk clearly and confidently, how to calm your nerves, what to say and you cannot say, and the body language techniques to leave a great first impression. Start today.

Plus, Sign up to CNBC Make It Bulletin Here are tips and tips for money and success in life and Request to participate in our private community in LinkedIn To connect with experts and peers.

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