Mar 29 2011, 01:55 PM
QUOTE(dreamer101 @ Mar 27 2011, 08:38 AM)
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...
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.<<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...
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.
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