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
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