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Archive for April, 2011

The 6 Step Process to Become Successful by the Age of 25

April 29, 2011 5 comments

6 step process to become successful by the age of 25

You ever wonder how some people end up being so successful by the time they’re 25? Ever wonder why others don’t change after high school and end up in the same position at 25 as they were when they were 18? Well, I can’t speak for the latter, but I can share with you my personal path to success:

1. Leave High School in the Past

We all did things in high school that we probably regret, right? Leave those things in the past. They are done and over with and by the time you’re 25, nobody will remember the person you were in high school (I hope). In fact, by the time you’re 25, you will probably be friends with about 5% of the people you knew in high school and will probably keep in touch with only 15% of your fellow high schoolers.

2. Go To College

I can’t stress enough how important a college education is. Not only do you look more valuable on a resume when you’ve got a Bachelor’s degree, but you learn so much more in college that you wouldn’t learn otherwise; things like professionalism, communication skills, and time management. You also meet so many people that can help you throughout your college and professional career, like other students, professors, and other successful professionals.

3. Find your Special Someone

A significant other can be a huge support system during this time in your life. My Fiancé and I started dating the summer after I graduated high school and we’ve been together all through college. She’s kept me on the right track, and in fact, if it wasn’t for her, I wouldn’t be on this track. She kept me away from all the parties and other distractions that are present during college and encouraged me to do my best in school.

4. Get an Internship before You Get the Job

If your college offers an internship course, take it! I don’t have to brag about the importance of an internship, because you already know that. Internships are the number one way to get a job when you graduate, but you have to take it seriously. This is your opportunity to show the employer what you’re capable of. Use the things you’ve learned in school to go above and beyond and show them what makes you remarkable.

5. Get a Master’s Degree

If you want to get a Master’s degree at some point, don’t wait to do it! Do yourself a favor and jump right into a Master’s program. You don’t want to wait until after you’re wrapped up in your job and have a family. The longer you wait, the harder it is to go back.

6. Get Noticed by the “Higher Ups”

I don’t mean get all “buddy, buddy” with your boss and his boss. Just make sure the great work you do gets noticed by the “higher ups.” The best way to do this, without being labeled as a brownnoser, is to simply do great work. Not just good work, great work. Great work gets noticed and you’ll be surprised how far your name will travel.

Now that I’ve shared with you my path to career success, it’s your turn to add your own opinions. Share your comments below!

Image Credit

Webpage Credit:
Christian Fey – Communication Fanatic
Michelle Fox – The Power of Productive Living

4 Things You Get to Enjoy when You’re Successful

April 28, 2011 2 comments

Gene Gastanaga Eric Chaump Harrah's Steakhouse DiinerI had the honor of getting to know an extremely smart and successful business person over the last 4-5 years.  His name was Gene Gastanaga and he was my Fiance’s great grandfather.  He was a Basque immigrant that not only lived through the Great Depression, but prospered.  Later in his life, he owned and managed a number of Eagle Thrifty stores, which were the first of its kind in Reno and surrounding areas.  He later sold the chain to Tom Raley, who renamed the stores, Raley’s.  He was also part owner in the Ponderosa and Onslow casino in Reno, NV, and the Tahoe Biltmore and Crystal Bay Club in Crystal Bay, NV.

Unfortunately, Gene recently passed away at the age of 95 years young.  His obituary explicitly states what kind of business man he was.  “In his business career he was a smart, energetic and tough businessman, always open to suggestions yet dedicated to finding the best solutions and solving the most complex problems.”

I attended his small family burial, because he absolutely did not want a full-blown funeral, and as I listened to his family talk about him, I realized he shaped his entire family’s lives in such an influential way.  I wasn’t planning on saying anything that day, but my Fiance’s dad asked if I wanted to say something and for some reason, I just couldn’t say no.  I got up to the podium and shared 4 things that this family enjoyed and they enjoyed it because of Gene:

1. Great Food

Gene valued great food and it didn’t matter what the price tag was.  I had the opportunity to dine at some extraordinary restaurants and eat some extraordinary foods because of him.

2. Scotch

Scotch is one of those things you have to develop a taste for.  Nobody takes their first sip of Scotch and says, “Man, that’s good.”  I’ve learned from this family that Scotch is not just an alcoholic beverage.  It’s a symbol of hard work and success, and carries a sense of prestige.

3. Vacations

There’s a reason why Gene and his family enjoyed vacations and that’s because it brought the family together.  Not only was it an opportunity to get away from the real world, but it was an opportunity to spend quality time with family.  It may be one of the underlying reasons why he purchased a plot of land right on the water at Lake Tahoe and then custom built a house that would accommodate his growing family.

4. Picking up the Tab

There’s something so satisfying about saying “I’ll get that” when the bill comes to the dinner table, isn’t there?  Gene was one of those guys that would take the family out to dinner or on vacation, just so he could get the family together.  It didn’t matter what the price tag was, as long as everyone was having a good time.

I finished my speech that day with the following statement.  “From listening to everyone speak about Gene, I’ve learned that it was him that passed down these traditions to each one of you and it’s my hope that I get the opportunity to pass them on to my own children someday.”

Who are (or were) some of the influential people in your lives?  Please share your thoughts in the comments section below.

Webpage Credit:
Eugene Thomas “Gene” Gastanaga

The Definition of Success: Possessions, Happiness, or Both

April 26, 2011 5 comments

dictionary success definitionAccording to Merriam-Webster, success is either “a favorable or desired outcome or the attainment of wealth, favor, or eminence.” Does this definition leave you thinking, “Huh?” Yea, me too. Let’s look at some more practical and literal definitions of success.

Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.

People tend to measure success in material possessions or monetary terms.

Everyone has a different definition of success and I would say none of them are necessarily wrong, whether that means being happy with what you do, meeting personal and professional goals, getting continuous promotions, living in a nice house or driving nice cars. In my opinion, success is what you make of it. You may or may not agree with me, but here’s how I define success…

Possessions

I’ve always said I want to live in a nice big house, with hardwood floors and granite countertops, drive a nice luxury car, have all the latest and greatest gadgets and all the fun grown-up toys like boats and ATV’s. But I won’t be able to do that until I become successful of course. So are possessions the definition of success?

Happiness

Some people say having a job they enjoy is the key to success. But what if you really love to volunteer? Is that successful? I would say so. As long as you’re good at it, you make a positive impact, and you enjoy it, then you are successful.

Both

While everyone’s definition of success may be different, my definition involves a perfect balance of possessions and happiness. I think a successful person has the money to buy the things that he or she enjoys, but at the same time is happy with the way he or she makes their money.

So now it’s your turn to tell me your definition of success. Share your thoughts in the comments section below.

Image Credit

Webpage Credit:
Success – Definition from Merriam-Webster
Success Quote 1 – Virtual Happiness Institute
Success Quote 2 – Business Personal Coaching

Related Articles:
What Does Your Car Say About Your Success?
The First Step to Real Success
Who’s Definition of Success are you Living By?

Categories: Success Tags: , ,

What Goes Around Comes Around… A Special Thanks to Kade Dworkin at Meet My Followers

April 21, 2011 3 comments

Meet My Followers @EricChaump Eric Chaump Kade Dworkin Podcast interview

This post is in reference to my interview with Kade Dworkin featured in tonight’s podcast on MeetMyFollowers.com.  Click the image above to go straight to the interview!

About a week and a half ago, I had the pleasure of speaking with Kade Dworkin from MeetMyFollowers.com.  Kade Skyped into the Personal Branding class I’m currently taking at the University of Nevada, Reno.  He spent about an hour sharing his stories of social media and answered any questions we had through a Twitter back chat.  I sat back and watched the questions flow through the back chat and just listened to Kade share his answers with us.  At the end of his Skype presentation, I started closing out of all the windows I had open on my laptop to get ready to shut it down.  The last window I had up was Google Chrome, which had my Twitter stream flowing through it.  I saw a number of my fellow students thanking Kade for taking the time to speak with us, so as a last second effort, I sent this Tweet…

kade dworkin meet my followers eric chaump twitter @EricChaump @KadeDworkin

The next day, I got a public response from Kade that said…

kade dworkin meet my followers eric chaump twitter @EricChaump @KadeDworkin

My initial reaction was, “Wow, that was nice of him…”  I honestly didn’t think anything of it.  I was quite curious to find out what he wanted to talk about.  What I didn’t realize was that he wanted to interview me for his podcast, Meet My Followers!  Not only that, but I didn’t even realize we were going to do an interview until we made a call on Skype.  Completely unprepared, I put on my improv pants and away we went!  I think I did pretty good to be honest.  You’ll have to let me know what you think.

As I laid in bed that night, I thought about our interview.  Why did Kade want to interview me?  What was so special about me?  I’m the guy who’s been blogging for less than two months, I have less than 200 followers on Twitter, and I get about 20 visits to my blog every day.  I know he told me that my content was awesome and that “I might be on to something,” but what was the benefit to him for having someone like me on his show.  In my opinion, there was no benefit to him and he might tell you differently, but Kade actually did me a huge favor.  Kade is one of those people who has the ability to see things within people that we cannot see for ourselves.  It takes someone like Kade to open our eyes and see the value we add to the world.  That’s what Kade did for me and it was incredibly motivational to hear someone, who I’d just personally met on Skype, tell me how valuable my blog is and how I have the potential to be very successful doing it.

I hope one day that I have the opportunity to return the favor, but for right now, the best I can do is owe Kade a huge THANK YOU for taking the time to talk to me personally and giving me the opportunity to appear on his show.

So, please take a few minutes to check out my interview by clicking here.  Don’t forget to come back and let me know what you thought!

Image Credit:
Meet My Followers Interview
@EricChaump Twitter
@KadeDworkin Twitter

Webpage Credit:
MeetMyFollowers.com

Potential Career #2: College Professor

April 20, 2011 2 comments

About a year ago, a friend of mine referred me to an interesting website called TransparentNevada.com. This website provides the salaries of all public employees in the state of Nevada. I apologize ahead of time to those of you who are public employees, but the information is public and I’m sure you are well aware of that. I can’t begin to tell you how many hours I spent searching for people I knew. Why is it so fascinating to know how much other people make? I don’t know, but that’s a topic for another discussion. I happened to notice that most of my college professors actually make a pretty good chunk of money every year. I started to wonder if being a college professor is something I might want to do later on in life. Obviously, right now is not a great time to be a college professor at UNR and probably isn’t a good time anywhere else, but it may be a good idea later on down the road.

So, now is the time when I answer the 6 questions that I outlined in Identifying Potential Careers by Leveraging Your Skills and Interests.

1. What?

This career obviously involves teaching at the collegiate level, but I’d prefer teaching at a University like UNR. I got my undergraduate degree in Supply Chain Management and I would really enjoy teaching an Operations Management class that involves manufacturing resource planning.

2. Why?

The obvious reason why I’m considering this career is the money and the schedule. Working a 9 to 5 can get pretty boring, so I think having a two night a week teaching schedule would be cool. Yes, I understand there are office hours and other activities you have to participate in when you’re a professor, but I still think it provides more flexibility.

3. Where?

I would prefer to teach at UNR or maybe TMCC, but unfortunately, there aren’t as many colleges as there are high schools and elementary schools, which leaves me with less options. In the end, there is a possibility of having to move if this is something I really wanted to do.

4. When?

I could probably teach an introductory summer class as a guest professor without any other preparation, but I would probably be better off getting a Ph.D. if I really decided to pursue this career. I don’t plan on doing this anytime soon, so I have some time to think about it.

5. Who?

The nice thing about being a college student is I have a ton of resources to help get me on the right track. I actually have a classmate and friend who is teaching an introductory accounting class this summer that I could talk to. Check out his Accounting for the Instant Generation blog when you get a chance.

6. How?

If I was to lose my job this week, I would get in touch with my accounting friend to see how he got a part time summer job as a guest professor. That would give me some time to start talking to other professors about how to go about getting a full time position with the university.

If you didn’t watch the video before reading this post, go ahead and watch it now. If you did watch the video before reading, watch it again. Makes me laugh every time. I just hope none of my students decide to tackle me in front of the class if I decide to be a professor.

If you have any suggestions or advice, feel free to share your thoughts in the comments section below.

Video Credit

Webpage Credit:
TransparentNevada.com
Accounting for the Instant Generation – Ryan Moser

Make Your Own Luck: 3 Important Aspects of Success that Work Together

April 18, 2011 4 comments

I read a Tweet a few days ago that really struck a nerve with me.  It went something like this.

there's no such thing as luck if its meant to be and you work hard enough you will get it luck is nothing twitter

Anyone who believes this statement is lying to themselves.  Yes, most of us work very hard, but that’s not to say that luck has nothing to do with it.  As I searched through my Twitter stream trying to find this exact Tweet so I could take a screenshot of it, I found a quote that opposed this opinion.

@conniebriscoe there are no secrets to writing success only talent a little luck and a lot of hard work

Although the quote has to do with “writing” success, it’s still relevant to the idea of success as a whole.  Let’s pull out the three important pieces of this quote and discuss how they all relate to success.

1. Talent

This is the base of success.  In order to be successful, you have to be good at something.  Talent is acquired in a number of ways.  You can go to school, you can read books, you can research online, or you can just go out there and do it.

2. Hard Work

Once you’ve figured out what you’re talented at, you have to work hard at it.  Just doing something isn’t always good enough.  You have to have the drive to do things right and with passion.  This is what turns regular work into hard work.

3. Luck

This is where it all comes together.  Luck is when someone or something gives you the opportunity to do something or be someone that you couldn’t do or be before.

Rob Dyrdek Make Your Own Luck Tshirt T-Shirt T Shirt Fantasy Factory

Talent, hard work, and luck have to work together to create success.  I’m going to use myself as an example. When it came to school work, I was talented.  I got all A’s and a couple B’s throughout my undergrad and ended up graduating with a 3.92 GPA.  But there was a reason why I was good; because I worked hard.  I made sure papers were properly formatted, everything was spelled correctly, and my arguments were valid.  I studied diligently until I was overconfident walking into class on test days.  I asked questions and challenged professor’s opinions.  In my third year of college, I took an internship class.  There were about 10 of us in the class and since the job market at the time was terrible, our professor was only able to find two available internships.  He pulled me into his office one day and explained the situation to me.  He wanted to give me first choice because he saw how hard I worked and the potential I had in the professional work force.  I got the internship about a week later, was hired full time when I graduated, and still work for the company today.  I’d like to think that I’m pretty successful and I have my internship professor for thank for it.

If I was talented and worked hard, but nobody saw that and gave me the opportunity to succeed, I’d probably still be prepping softball fields for a bunch of drunken crazies every day.  Likewise, if you have a talent, but you don’t care to work hard at it, who’s going to want to give you the opportunity to succeed?

That’s my take on making your own luck.  Luck is something you have to work hard at.  To say luck is nothing is simply ridiculous.

If you have other opinions on luck, I’d love to hear them.  Please use the comments section below and I’ll be sure to reply.

Image Credit:
Twitter – First Quote
Twitter – Second Quote
Make Your Own Luck

Related Articles:
Luck or Hard Work – Which One Determines Life’s Success?

Potential Career #1: Stock Market Investing

April 17, 2011 11 comments

bank of america stock market google financeI remember buying my first stock in February of 2009.  Since I had never even paid attention to the stock market, I just listened to what the people around me were talking about.  This was the time when the banks were going through rough times and nobody was really sure what would happen to them.  Bank’s stock prices kept falling and falling with no end in sight.  Well I figured Bank of America wouldn’t go under, and we all know that it didn’t.  I decided to buy 18 shares of BAC at $4.91 (I’ll remind you that BAC was once trading in the $50’s in 2007).  After I bought the stock, it kept dropping and started freaking out, because at the time, $100 was a lot of money for me.  It turned out that I made a good choice with BAC though, because by the end of the year, the stock was up to about $16.  That’s a 226% increase!

After seeing how easy it was to make money in stocks, I spent every minute researching strategies and watching stock prices.  I remember days when I would wake up at 6:30am to start watching the stock market and I wouldn’t take my eyes off the computer until 1pm when the market closed.  I now own a 5-stock portfolio consisting of BAC, EFGU, JOEZ, DHT, and JSDA.  My overall portfolio is currently up 55%.

So how can I turn this into a career, or a way to consistently make money?  I’ll answer the questions provided in my last post, Identifying Potential Careers by Leveraging Your Skills and Interests.

1. What?

This career obviously involves the stock market.  Some of the potential careers involved in the stock market can be an independent stock trader (like myself), a stock broker, hedge fund manager, mutual fund manager, or an investment banker.

2. Why?

One of the reasons I really like this career path is simply because I like the stock market.  I like watching stock prices, analyzing securities, knowing what’s going on with companies, and trying to find trending patterns.  I think I would be pretty good at this career because I’ve already been quite successful as an individual investor.

3. Where?

The nice thing about this career is that if you have access to the Internet, you can trade stocks.  I wouldn’t necessarily have to move away for this career, although, stock market careers are more prominent in New York.

4. When?

I’ve owned stocks for over 2 years now, I’ve read a number of books, I’ve researched stock market strategies online, and I’m currently taking an MBA level portfolio management class at UNR.  I think I would be ready to move from individual investing to professional money management.

5. Who?

If I wanted to seriously consider this option as a career path, I could talk to my portfolio management professor who could help me get started.  We had a guest speaker come into our class a few weeks ago named Mike Hurley who runs a mutual fund called Incline Capital who would be a great resource.

6. How?

If I was to lose my job this week, I would dive deeper into individual investing until I could get in touch with someone like Mike Hurley who could help me set up a mutual fund and begin to professionally manage money.

Image Credit

Related Articles:
About Stock Market Careers – eHow.com
Stockbroker Job Requirements and Careers: Facts and Fiction