Tag Archives: career capital

The Big Reality Check

“You take the blue pill, you wake up and believe..whatever you want to believe. You take the red pill, you stay in wonderland and I show you how deep the rabbit hole goes”.

Most career advice given to people over the last 40 years has been misguided at best and downright dangerous at worst. The West was caught in the grip of a “follow your dreams” craze that is only now just beginning to end. I want you to watch the below video, then watch it again.

Take it in and really internalise it. This is the reality of the job market, and indeed the world for young people leaving school now. In this utterly awful economic climate, there are far more people looking for jobs than there are actual jobs. And not just by a small margin. I live in Australia which has been relatively unaffected by the GFC – nevertheless thanks to poor government business profit and confidence is at an all time low. I’ve applied for jobs recently that had over 750 applicants for a single position. The recruiter only knows how many of those people were actually qualified for the position, but if you assume only 1/7 of them were, you’re still at a less than 1% chance of getting the job (in terms of pure numbers). Continue reading →

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