Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 A professional mistake, Enjoy the joke SPECIALLY for big 4!!!

views
     
dreamer101
post Mar 26 2011, 08:21 AM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
Folks,

It is VERY SIMPLE...

A) You WORK FOR YOURSELF. You exchange YOUR TIME for MONEY. So, why would you give it away for FREE?? If you want to do this, why don't you come to my house and wash my car for FREE??

B) So, if you work LONGER than normal office hour, what do you get in return?? Is it worth it??

C) If you LEARN something NEW and INCREASED your CAPABILITY and MARKET VALUE, this is an investment. If not, why bother??

I worked 40 hours per week. I spent 20 hours after work self-study to increase my capability. I do not NEED to count on my current employer to reward me. The JOB MARKET will reward me because of my capability.

D) Ditto, some bosses are USELESS. They are not willing or capable to REWARD you for your extra effort. So, why bother?? Why work for FREE??

THINK!!! Take care of yourself. If you don't, no one else will....

Dreamer


Added on March 26, 2011, 8:26 am
QUOTE(mercury8400 @ Mar 26 2011, 12:12 AM)
The thing is every f%#king asian have this herd mentality(myself included). Once they say accountant is a good prefession like my son/friend/relative is oing very well, then every parents brainwash their sons/daughters to study accountancy. Same with doctors, engineers and most other profession. The when they graduate, they find that 1) they are competing with so many other people 2) they don't even like the job in the first place 3) Becasue of the oversupply, companies pay lesser to employ freshies. Had I know the things I know now, I would have never studied accounting & finance. I will probably be a geologist or a vessel/oil tanker captain or something like dat coz there is a acute shortage of these people and the pay is generous. again supply & demand
*
mercury8400,

Average people are not rich. Rich people are not average..

If YOU are not smarter or luckier than average people, you have to work HARDER and SMARTER than average people to get somewhere.

<< Had I know the things I know now, I would have never studied accounting & finance. I will probably be a geologist or a vessel/oil tanker captain or something like dat coz there is a acute shortage of these people and the pay is generous. again supply & demand>>

B.S. You could be ABOVE AVERAGE on accounting and finance if you CHOOSE to. Then, you will earn a lot more money than average geologist and oil tanker captain.


Ditto on above average wanton noddle seller, chicken rice seller and so on....

YOU choose to be AVERAGE or NOT. No one else...

Dreamer



This post has been edited by dreamer101: Mar 26 2011, 08:26 AM
dreamer101
post Mar 26 2011, 07:57 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(mercury8400 @ Mar 26 2011, 12:12 AM)
The thing is every f%#king asian have this herd mentality(myself included). Once they say accountant is a good prefession like my son/friend/relative is oing very well, then every parents brainwash their sons/daughters to study accountancy. Same with doctors, engineers and most other profession. The when they graduate, they find that 1) they are competing with so many other people 2) they don't even like the job in the first place 3) Becasue of the oversupply, companies pay lesser to employ freshies. Had I know the things I know now, I would have never studied accounting & finance. I will probably be a geologist or a vessel/oil tanker captain or something like dat coz there is a acute shortage of these people and the pay is generous. again supply & demand
*
QUOTE(mercury8400 @ Mar 26 2011, 06:55 PM)
My principle is that the more competition the more one needs to raise above the challenger/s irregardless of the industry or risk involved.
*
mercury8400,

Any profession and / or career with good pay will face a lot of competition!!! In this case, there will be a lot of people like YOU aka "average people" that will change their career or degree into oil tanker captain or geologist because it pays more and aka "SHORTAGE".

You have the HERD mentality...

YOU cannot run away from competition if you want to be ABOVE AVERAGE. It is more worthwhile to INVEST TIME and ENERGY to beat your competition as opposed to WHINING that you MADE a wrong decision.

Dreamer

This post has been edited by dreamer101: Mar 26 2011, 08:04 PM
dreamer101
post Mar 27 2011, 08:38 AM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(mercury8400 @ Mar 26 2011, 10:46 PM)
This is a clear example of someone who cannot accept an alternative view or could not understand other's point of view and has to resort to personal attacks. And strangely there are alot of these irrational people around in lowyatnet. Let me clearify the facts for you

1) I never said i made a wrong decision and I admited taht i was also part of the herd mentality earlier in my post. I merely said it was better if some one had pointed out my options earlier before i decided what course to take

2) Not all profession and/or career with good pay will face a lot of competition. It depends on the supply vs demand. Unfortunately most people in asia at least adopt the herd mentality hence traditional "professional" jobs like accountant will continue to have a dearth of supply while other "professionals" such as geologist will continue to suffer a lack of supply. With the lack of supply you can be average and still command a better pay tahn say the thousands of other accountants. This is a clear example of what they call the blue and red ocean strategy. You move from a highly competitive environment (where i presume co (in this case) will be embroiled in price wars and move to something which you have a competitve edge(i.e. less competition). The competitive edge in my e.g. case above would be from the fact that not many people are working as a geologist hence the blue ocean.

So yr arguments are clearly invalid
*
mercury8400,

<<2) Not all profession and/or career with good pay will face a lot of competition. It depends on the supply vs demand. >>

Basic law of economy...

Supply will increase to meet the demand unless there is some kind of obstacle to stop the supply.

So, either

A) Average people cannot become geologist. Hence, there is NO AVERAGE people in geology to begin with.

or

B) Average people become geologist. Supply increase to drive the price down.

<< The competitive edge in my e.g. case above would be from the fact that not many people are working as a geologist hence the blue ocean.>>

The POINT is WRONG and INVALID anyhow. This assumes that a person can stay in one career path for their whole lives and survive... How TRUE that is?? Most people of new generation will change job at least 10 times in their life time.

Dreamer

P.S: MY POINT is

1) Instead of WHINING about which area is more or less competitive, a person SHOULD expect competition as a fact of life if they want above average pay.

2) It is MORE IMPORTANT to find out which area that a person HAS inherent advantage aka talent to be ABOVE AVERAGE in than finding out which area has SHORTAGE. As per my observation, almost all SHORTAGE that I observed over 20+ years are temporary.

3) By the way, I still remember Houston Oil Bust where large number of geologists were unemployed...


This post has been edited by dreamer101: Mar 27 2011, 08:45 AM
dreamer101
post Apr 9 2011, 10:20 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(meebo @ Mar 29 2011, 01:55 PM)
I think you gotta understand what mercury IS REALLY TRYING TO SAY dreamer (u really gotta stop your judgementalism sometimes to force your own pov onto others), if you take the profession of accountancy v.s engineering or other less-governed body of profession, that statement is not really fair at all. Engineers, overall, aren't governed by any body as RIGID as accountancy or finance ppl do if you get what I mean, literraly, an enginner can be paid really handsomely even he doesn't have many paper qualification like an accountant does, accountant and finance ppl, on the other hand, they rely really a lot on paper qualification stage by stage to climb the so-called echelon of coporate ladder, degree--->ACCA--->Charted so on and so forth.

You can ague that an accountant CAN quit his current rat race to other field like sales to continue his career path but that I can guarantee you that it is gonna be so much HARDER than an engineer or doctor trying to venture into other less conventional area. The amount of risk that he requires to do this is higher and he's got too much to sacrifice. Or maybe I could put it this way, some professional jobs are somehow DESTINED to be a corporate slaves unless they have the guts to quit what average people do.
*
meebo,

<< Or maybe I could put it this way, some professional jobs are somehow DESTINED to be a corporate slaves unless they have the guts to quit what average people do.>>

You are making one big ASSUMPTION. You are ASSUMING that they had a choice...

<<stage by stage to climb the so-called echelon of coporate ladder, degree--->ACCA--->Charted so on and so forth.>>

You are assuming that a person can stay on this track and survive. And, a person had the CHOICE of staying on this track and not being a road kill...

How many accountants had fallen off this track??

As per my observation again across 20+ years, not many accountants stay as accountant and survive... How many people with accounting degree ended up to be chartered accountant??

My POV is formed by my many years of observation. It may not be totally valid.

Now, what is the basis for your POV??

My wife and most of my in-laws are accounting degree holders. None of them are working as accountant now....

Dreamer


dreamer101
post Apr 13 2011, 09:54 AM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(meebo @ Apr 12 2011, 06:03 PM)
Facts and statistics matter to my POV. Here read my fact

Fact 1:

After university graduation, the NUMBER of engineers end up working in totally unrelated or least related engineering work scope is HIGHER than accountants working in accounting-unrelated jobs.

Fact 2:

MOST medical doctors, pharmacists and lawyers are always quicker to break themselves from the employees' path by forming their own business/firm partnership compared to MOST accountants.

Fact 3:

In the initial 5 years of working experience, traditional non-oil related engineers and accountants are the least paid profession ALWAYS. Statiscally and averagely speaking.

Conclusion:My collection of fact shows that accountant has the most resistance of all professions to stop whinning about their work.
*
meebo,

We are looking from a different POV. You are looking at first 5 years. I am looking at 10 to 20 years of career.

My point is still stand.

A) You could earn a lot of money by being ABOVE AVERAGE in a profession by AVERAGE people.

Or,

B) You could earn a lot of money by being AVERAGE in a profession by ABOVE AVERAGE people.

It could work out either way. Just because a person is in a profession by average people as per your example (accountant and engineer), a person could still earn a lot of money by being ABOVE AVERAGE.

The poster, Mercury, claimed that only (B) is possible. I counter by saying both (A) and (B) are possible.

It is VERY SIMPLE.

Average people are not rich. Rich people are not average. You have to choose one: Average or Rich.

Dreamer
dreamer101
post Apr 13 2011, 07:33 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(mercury8400 @ Apr 13 2011, 10:26 AM)
Anyway just something a bit out of topic, in malaysia anything is possible if you have the right cvonnections. U practically don't have to work and money keeps falling from the sky (like some of our dato who have connection.) Remember the klang MP who is clearly below average but living like a king?
*
mercury8400,

He has ABOVE AVERAGE connection...

Dreamer

 

Change to:
| Lo-Fi Version
0.0193sec    0.27    6 queries    GZIP Disabled
Time is now: 1st December 2025 - 05:57 AM