One of my goals in 2021 and beyond is to publish new forms of content such as infographics, short essays, podcasts, and comedy. I’m working on the podcast part, and I can write short and long form content with some comedy infusion no problem, but I’ve got no graphic skills other than being able to draw an arrow. The solution I’ve found is to simply ask permission from relevant personal finance companies to be able to republish their infographics.
It’s an amazingly small world because one of the leaders in producing infographics is a company called Visual.ly, also based here in San Francisco. They raised a $8.1 Series A round of funding in January 2014 from well-known VC investors such as SoftTech VC, and Crosslink Capital. I think they charge anywhere between $1,000 – $50,000+ for a customized infographic! With companies the world over spending more on content creation, they are in a sweet spot for growth.
You might think I’m crazy for continuously encouraging folks to move to expensive San Francisco to find their fortune since starting ONIG Financial Blog in 2009. But I’m pretty confident that if you work hard, develop the right skill-set, and get on that $120 Greyhound bus from anywhere, you will have a terrific chance of finding your fortune here.
Lending Club in SF is now worth over $3 billion after its IPO pop. I could have joined them three or four years ago, but didn’t like a donkey. HortonWorks in Palo Alto went public, despite losses of $80+ million this year. Then there’s Box, Dropbox, Uber, and Airbnb in the pipeline. A $68 billion dollar valuation in 4Q 2021 for Uber from just $18 billion at the beginning of 2014 is amazing! It sure feels frothy when companies are valued on price-to-sales multiples instead of operating profit multiples, but you might as well ride the wave and get off before it crashes.
I discuss a lot about women’s issues because I love women and desire to understand half the population as much as possible. I love my mother, I want my sister to flourish in her career, and I want my future daughter to have as equal a playing field as possible for succeeding. Although you might tilt your head in bewilderment when I write some of my relationship posts, I can assure you that my main intent is to make people question why things are the way they are for a better future.
Here’s a nice infographic I found that shares information on gender wages, family, which countries employ the most female CEOs, and advice from women in leadership positions. One of the interesting takeaways from my “Median Net Worth Has Gone Nowhere” post is that one of the ways modern families maintain their standard of living despite facing great cost inflation is by having fewer kids than previous generations.
The reason why I entitled this post, “Advice from Female CEOs” is because advice is timeless. Please spend time listening to people who’ve been there before in order to minimize disappointment and maximize luck. The one underlying message I see from the infographic is that it’s important for women to BELIEVE they have every right to be a leader as well. If you don’t believe in yourself, others won’t believe in you either.
If you want to leave a job you no longer enjoy, I negotiating a severance instead of quitting. If you negotiate a severance like I did back in 2012, you not only get a severance check, but potentially subsidized healthcare, deferred compensation, and worker training. Since you got laid off, you’re also eligible for up to 27 weeks of unemployment benefits. Having a financial runway is huge during your transition period.
Conversely, if you quit your job you get nothing. Check out, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye, on how to negotiate a severance. I first published the book in 2012 and have since expanded it to 180 pages from 100 pages in the 3rd edition thanks to tremendous reader feedback and successful case studies.
Start your own business/website: If you feel you’re not getting paid what you’re worth and want to boost your income, start your own business online on the side! It used to cost a fortune and a lot of employees to start your business. Now you can start it for next to nothing with a hosting company like Bluehost for under $4/month and they’ll give you a free domain for a year to boot.
Brand yourself online, connect with like-minded people, find new consulting gigs, and potentially make a good amount of income online one day by selling your product or recommending other great products. Not a day goes by where I’m not thankful for starting ONIG Financial Blog in 2009. Here’s my step-by-step guide to for how to start your own website like mine in under 30 minutes.
Updated for 2021 and beyond.