Friday Hacks #218: How to Build a Career Moat

THE CAREER CAPITAL THEORY OF GREAT WORK The traits that define great work are rare and valuable. Supply and demand says that if you want these traits you need rare and valuable skills to offer in return. Think of these rare and valuable skills you can offer as your career capital. The craftsman mindset, with its relentless focus on becoming “so goo

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A career moat is an individual’s ability to maintain competitive advantages over your competition (say, in the job market) in order to protect your long term prospects, your employability, and your ability to generate sufficient financial returns to support the life you want to live. Just like a medieval castle, the moat serves to protect those ins

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the most strategic move is to find an environment with stronger tailwinds — one where your skills and contributions create more value, both for the company and for your career.

Product Mistakes that Apply to Careers: focusing on acquisition instead of retention (focusing on networking instead of relationships & reputation). Or working in a space that doesn’t get more valuable over time (e.g working in a dying industry), or building another “me-too” product without differentiation (not taking enough career risk). Choos... See more