Let's talk about how to use to build wealth! Welcome to the latest episode of Tech Careers and Money Talk, where we discuss all things related to the tech industry and how to make the most of your time and talent. Today, we're diving into the importance of managing risk when trading time and talent for tech equity.
Let's face it, risk is an inherent part of any investment. However, as employees, we have a unique opportunity to manage risk by aligning our risk management strategies with our financial goals. In this episode, Christopher Nelson provides examples of how managing risk to build wealth should be an active part of your financial planning, whether you're saving for a down payment on a house or thinking about investing in your career capital by joining a promising company.
Have you ever wondered how to mitigate risk when choosing a manager or evaluating a company? Stay tuned, as Christopher will also share tips for creating an avatar to guide you in these important decisions. He'll also highlight the importance of asking good interview questions to assess both the company's and your own risk tolerance.
To sum it up, evaluating risk and aligning financial goals with the companies we work for is a crucial part of building a successful career in tech. Join us for this episode of Tech Careers and Money Talk to learn more about managing risk and making the most of your time and talent in the tech industry.
Don't miss this one! Tune in to the latest episode of Tech Careers and Money Talk now!
In this episode, we learn about:
[00:00] Introduction
[01:04] Understanding Risk
[06:57] Managing Risk Around Career Capital
[11:47] Creating an Avatar and Mitigating Risk
[12:53] Building Career Capital
[14:10] Interviewing Managers and Assessing Risk
[23:08] Risk and Reward in REI
[24:21] Risk and Reward in Non-Public Companies
[25:26] Liquidity Options for You
Resources:
From No Dough to IPO: A Proven Playbook for How to Trade Your Time and Talent for Tech Equity - https://www.fromnodoughtoipo.com/
Episode 06 - Maximizing Your Earnings in Tech: A Comprehensive Guide to Working for Equity - https://www.techcareersandmoneytalk.com/006-maximizing-your-earnings-in-tech-a-comprehensive-guide-to-working-for-equity/
