Warren Hogarth believes you can never stop learning in your career if you want to maintain your value.
Any time he felt like his work wasn’t teaching him something new, he changes jobs or started a new business.
Currently, he’s the co-founder of Empower Finance, an app to help make smarter money management accessible to everyone by making recommendations that can save you upwards of thousands of dollars a year.
It’s like having a financial advisor plus an extreme couponer looking out for the best deals in every aspect of your life.
Lot of great lessons in our conversation including:
- How to create better money habits using small nudges rather than micromanaging your spending.
- Why you want to view your job more like an apprenticeship.
- Why working for yourself is the ultimate learning experience.
- Two ingredients for starting out on your own: 1) find a problem you want to solve and 2) find your tribe of people as interested in solving that problem as you.
Life Skills That Matter In This Episode
- Tell your story
- Align your habits
- Build your community
How Warren Works and Thinks
- Wake up time: 7:00 am
- Core work activities + habits: 1) Recruit the right people for the business. 2) Strategically make sure everyone is focused on the most high impact things. 3) Develop people.
- Ideal work environment: In the periods where he’s interacting with the team to mentor and help build communication as well as his individual thinking time.
- Superpower: Determination and being able to read and understand people.
- Most influential aspect of his journey: people and conversations, such as the lecture he attended on the future of nanotechnology.
- 90-day goal: Drive revenue through new facets of the business.
“If your career’s going to be 40 years long, you always want to be learning.”
“It doesn’t change who you are as a person if you fail.”
“Very much a believer in team and people as the first catalyst.”
“It’s very hard to reduce your consumption once you’ve sort of increased it.”
To get yourself financially ready for self-employment, Warren suggests the following actions:
1) Set aside some savings so that you can make decisions in a more clear way and reduce stress by having some flexibility.
2) Think about your spending and make conscious decisions to set your life up appropriately for potential times of lower income.