Career Path Liquidity Traditional Linear Paths vs Non-Linear Paths
Note: This post is a preview of the types of content I'll be sharing in my new newsletter, "Optima & Outliers." If you enjoy this piece and want to explore these ideas further, you can subscribe here. We're used to thinking about skills and experience in terms of their market value - how useful they are and how much employers or customers would pay for them. But another, more subtle dimension gets less attention: liquidity. Just like in financial markets, some human capital is easier to price and trade than others. This is not about the absolute value of your skills or experience, but how easily the market can assess and exchange them. Consider Jim - with 4 years of experience as a management consultant at McKinsey. In the job market, potential employers have a good idea of what they are buying - someone smart and conscientious enough to be hired by McKinsey; meets a reasonably high bar on commercial acumen and communication skills; and polished enough to have managed clients and move
Note: This is the first post in a series of posts about career liquidity. Read the next part here We're used to thinking about skills and experience in terms of their market value - how useful they are and how much employers or customers would pay for them. But another, more subtle dimension gets less attention: liquidity. Just like in financial markets, some human capital is easier to price and trade than others. This is not about the absolute value of your skills or experience, but how easily the market can assess and exchange them. Consider Jim - with 4 years of experience as a…
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related reading
- Liquid vs Illiquid Careers — LessWronglesswrong.com
- Career Path Liquidity Traditional Linear Paths vs Non-Linear Pathsoptimaloutliers.com
- Liquid vs Illiquid Careers — LessWronglesswrong.com
- Volatility Laundering: How to Tell if Your Non-Traditional Career is Actually Workingoptimaloutliers.com
- Central Nodescapitalgains.thediff.co
- Stuff you should have been taught in college but weren’t – Casey Handmer's blogcaseyhandmer.wordpress.com
- How to Pick a Career (That Actually Fits You) — Wait But Whywaitbutwhy.com
- Reading as the root of career planning - Commoncogcommoncog.com
- schumpeter.pdfjohn-joseph-horton.com
- Career capital: how to invest in yourself | 80,000 Hours80000hours.org
- How to hire low experience, high potential peopleworktopia.substack.com
- How to find the right career for you | 80,000 Hours80000hours.org