In this speech "The New Normal - Career, Family and Personal Finance", Roger McNamee defines the New Normal as :
a time when there are four unshakable issues that each of [us] has to deal with. First, technology is changing just about everything. Second, globalization is changing the nature of economic opportunity. Third, every individual is on his or her own. We have more power than ever before, but no safety nets. And fourth, none of us has enough time to deal with life.
He discusses each of these topics and then concludes:
The three Ps - priorities, plans, and participation - can help you make the most of the New Normal. Let me offer a little more advice about how to succeed in the New Normal.
First, move on from the 90s. No matter what anyone tells you, the 90s are gone. If you got rich from them, more power to you. If you didn’t, I’m sorry. But the 90s aren’t coming back. Not in tech. At least not on a time frame that will work for any of us.
Second, work at a company you believe in. You can build transportable skills almost anywhere. Finding something to believe in is much harder.
Third, establish a balance between your professional and personal lives that you can sustain for five or ten years. In the New Normal, the guy with the longer time horizon will win most of the time.
Fourth, remember the three Ps: priorities, planning, and participation. They apply to every aspect of your life: family, career, and personal finance. Lastly, remember that life is a constant battle between fear and greed.
Worth reading.
via Bizz Bang Buzz
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