Ask For A Little More.

salary negotiations

Last week, I wrote about a big mistake I made when I was first interviewing at BuzzFeed: I didn’t talk to colleagues and mentors about the role, so I incorrectly estimated the value of the job. In the end, I accepted an offer for less money than I should have.

And a few days after writing that post, I realized that I left a key part of the negotiating process out. So let’s discuss it here:

Let’s say you’re about to get the offer. You’ve talked to your network. You’ve figured out what you want to ask for. You’ve done some research online for salary ranges. You’ve asked for your number, and you’ve gotten the offer.

You should go back and ask for a little more.

That HR lead you’re dealing with? They’ve been authorized to give you more money already. It’s probably not a ton of money — depending on the size of the offer, it might be anywhere from 5-10% more. But if you ask for a little more, you’re likely to get it.

How do you actually approach that conversation? You could try an approach like this:

“I’m really excited to work here, and I know that I will bring a lot of value. I appreciate the offer at $58,000, but was really expecting to be in the $65,000 range based on my experience, drive and performance. Can we look at a salary of $65,000 for this position?”

Or:

“I’ve done some research and I see the salary range for comparable positions is $45,000 to $55,000. I think what would be fair for me is $50,000.”

Or:

“I realize you have carefully considered how much you think this job is worth. As we discussed in our interview, I believe I can do this job [more profitably, more efficiently, more quickly, more effectively] by doing [such and such]. For these reasons, I believe my contribution on this job would be worth between $X-$Y in compensation…. Are you open to discussing this?”

Several of my co-workers even referenced Sheryl Sandberg in their negotiations, and got more money.

Yes, it can feel a little awkward asking for more. But they’re almost certainly not going to pull an offer because you asked, and in most cases, they’ve already built in a little wiggle room to offer you more. So go back and ask.

And if they genuinely can’t offer you more: Ask for something else! Ask for more vacation days. If the company offers stock options, ask for more stock. You can even ask to do your next salary review on an advanced timeline. At BuzzFeed, I negotiated my first review 6 months into the job — and ended up getting a five-figure salary bump at that mid-year review.

Ask for a little more. If you don’t, you’re leaving money on the table.

———

That drawing at top is called the “Payment of Salaries to the Night Watchmen in the Camera del Comune of Siena, anonymous, 1440 – 1460” by anonymous. It’s licensed under CC0 1.0.

Talk To Your Friends.

“Two men in Conversation”

We’re interviewing candidates for a new member of my team right now — exciting, I know! And that’s gotten me thinking about what I wish I knew when I was on the other side of the table, trying to get that offer.

I’ve written before about things recent grads should be doing to get an offer:

Telling a great story with your resume
Writing a thank you note after the interview
Searching for a great boss
Asking lots of questions

Let’s add another to this list: Utilizing your network of peers.

When I was interviewing at BuzzFeed, I was wading into brand new territory. I’d never worked at a start-up like that before. I didn’t have a good sense of how much they’d pay, what my hours would be like, or whether or not their offer of stock options was something I should take seriously.

I’d made this mistake once before: In the final months of my senior year at Mizzou, I’d been offered the chance to run a blog network, and I turned out it down without talking to my network. It wasn’t until a few years later that I realized the size of the opportunity I’d refused. As I wrote back in 2012:

What I’ve learned since is the importance of a really good conversation. You need people who can advise you, guide you and — most importantly — ask the kind of questions that will help lead to you the right answers. When you have an opportunity, talk about it with smart people. It’s amazing how a good conversation can really open your eyes to your full potential.

I made a similar mistake with BuzzFeed. I talked mostly to my family during the interview process, and I accepted BuzzFeed’s offer. But I ended up accepting an offer for less than I was worth.

What happened? I didn’t utilize my network correctly. I should have also been talking to:

1) Colleagues a few years older than me — They could have told me more about what to expect from a growing company like this, and helped me understand how to approach a difficult salary conversation.

2) Peers my age — They could have told me more about what they were making doing similar jobs in the same city, and made sure I understood how much I really needed to make to live in New York. (Far more than I ever would have guessed!) That would have helped me set a salary floor for the negotiations.

Why didn’t I talk to my network? Honestly, I was just a little nervous about bothering people. I was worried that it might sound like bragging if I told them about the exciting new offer I had on the table. I was scared that they wouldn’t want to open up about their personal experiences.

I was wrong on all counts.

Five years later, let me offer this simple advice: You should always ask for help. Utilize every resource you have to make sure you get the best offer at the right company.

This is your career. You should never be afraid to ask for the help you need to get it right.

———

That drawing at top is called “Two men in Conversation” by Hans Schliessmann (German, Mainz 1892–1920 Vienna). It’s part of The Metropolitan Museum of Art collection, and is licensed under C0 1.0.

Write It In Reverse.

jamie-saw-26902

The class of 2017 is going to graduate in a few weeks. They’re going to be ambitious, and they’re going to be ready to go from 0 to 60 in their careers. (I know I expected to hit the ground running.) But careers don’t move quite that fast.

When I talk to recent grads and explain the first decade of my journalism career, it makes a lot of sense:

-In 2008, I covered the Olympics for a big paper and did a ton of blogging.
-In 2009, I graduated and started working on the digital side at a TV station.
-In 2010, I quit my job to build Stry.us and write about the five-year anniversary of Katrina.
-In 2011, I got the fellowship at Mizzou to keep growing Stry.us.
-In 2012, I launched a bunch of new projects, created my first newsletters, and grew the Stry.us team.
-In 2013, I used that experience launching newsletters to start a career at BuzzFeed as their first newsletter guy.
-In 2014, we grew newsletters, built out a marketing strategy, and started growing the team.
-In 2015 and 2016, we launched a ton of new projects, kept hiring, and really figured out the marketing side of things.

And looking back, there’s a very clear path! There’s the big arc: I’m a guy who launches digital projects and grows teams. There’s the common thread through every year: Being able to use my writing skills, whether it’s for telling stories, writing newsletters, or creating good marketing copy.

But I’ll tell you this: In real time, my career didn’t make sense at all. I had no idea where all of this was taking me, and definitely never expected to land here at BuzzFeed. That I’ve gotten here is a wonderful, happy accident.

I’ll quote you Joe Walsh, the guitarist for the Eagles, who — quite surprisingly, I should say! — explains this phenomenon well:

“You know, there’s a philosopher who says, ‘As you live your life, it appears to be anarchy and chaos, and random events, nonrelated events, smashing into each other and causing this situation or that situation, and then, this happens, and it’s overwhelming, and it just looks like what in the world is going on. And later, when you look back at it, it looks like a finely crafted novel. But at the time, it don’t.’”

And he’s right! In real time, it’s chaos. It’s only in looking back that it makes sense.

So here’s my advice to the class of 2017: Think about writing your career in reverse. Visualize where you want to be in five years, and ask yourself:

What would I need to do in year 4 to be able to make the leap to that dream role in year 5?

Would would I need to do in year 3 to get to year 4?

What about in year 2?

And ultimately: What do I need to do in that first year after graduation to get started on that path?

I had no plan, so I stumbled around and accidentally ended up here. (I’ve said it before: I’m lucky to be lucky.)  But maybe you can work smarter: Start with the dream role, and then reverse engineer a potential career path to get to that dream. Create the mile markers you’ll use to measure success. And don’t get frustrated when you career veers in a different direction — things never go as planned!

No, you’re probably not going to get that dream job as a reporter at the big daily paper or website just yet — but maybe you can in five years. Instead, start planning out the path, and then get working to take that first step on your 5-year plan.

———

That photo of stairs — the path upwards, I suppose — comes via Jamie Saw and was first published on Unsplash.

Try Not To Be Stupid.

charlie-munger

I’ve written lovingly about Warren Buffett many times before. (See here, here, here and here.) I’m a fan. And any follower of Buffett’s will tell you that they’re also a fan of his right-hand man, Charlie Munger. Munger has been as important to the rise of Berkshire Hathaway as Buffett himself. And he might be an even better quote than Buffett.

A friend sent me one the other day, from Munger’s 1989 letter to shareholders of the Wesco Financial Corporation. (Berkshire owned them, though Munger served as CEO and Chairman of the board.) In it, Munger dove into the idea of taking risk. He said that taking big risks for short-term gains — particularly by acquiring other companies — is a foolish move:

“Wesco continues to try more to profit from always remembering the obvious than grasping the esoteric. It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

That’s not to say Munger wouldn’t ever take risks. He wrote:

“Wesco would cheerfully invest $75 million tomorrow, with a 60% chance of total loss, provided the pay-off for winning was large enough to cause statistical expectation to provide a handsome return.”

So what’s the lesson here? Understand who you are and what you do best, and manage risk. It’s okay to bet big sometimes — as long as you understand the size of the opportunity and the amount of risk involved.

Otherwise, Munger’s advice was simple: Try not to be stupid! Yes, he wrote, it’s a strategy that “is bound to encounter periods of dullness.” But it also works in the long-term.

Munger wrote that letter in 1989. Today, he’s worth $1.48 billion. Maybe we should heed his advice.

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That photo of Munger was taken by Nick Webb, and re-used here thanks to a Creative Commons license.

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The Rules Don’t Apply.

3-dots

Imagine you’ve got a pencil in your hand, and I give you this challenge: Using four continuous straight lines, without picking up your pencil, what’s the best way to draw a line through every one of those nine dots?

I’ll give you a second.

If you try to go around the outside first before cutting to the middle, that’s five lines. If you try starting in the top left, then going to bottom right, and then up and over and… well, that’s far more than four.

The issue most people have with this puzzle is that they — without even realizing it! — try to stay within the boundaries of the dots. But there’s no rule against going outside the dots. Nobody’s going to stop you from trying something like this:

3-dots-4-lines

And if there really are no rules[1. Channel your inner Ferris Bueller! Only the meek get pinched!], who’s to say you can’t solve the puzzle with just three lines, like this?

3-dots-3-lines

The challenge isn’t in thinking outside the box — it’s thinking entirely without a box! It’s about thinking without any boundaries or rules. Nobody’s going to stop you from trying something unexpected or different. The solutions you’re looking for don’t have to be elegant — they just have to work.

Here’s your permission to break a few rules today. There’s always another way to do the work you want to do.

The 1-1-1 Model.

d9hv7uxenei-danka-peter

A friend forwarded me an email the other day — Mikki Halpin’s Action Now newsletter. It’s an email series geared towards inspiring progressive activism, but she said something so wonderful that I wanted to give it a little shoutout here.

She wrote:

Think about all of the things swirling around you, all the opportunities you have to do things and act on your values and choose these three things:

• One thing to be a leader on

• One thing to be a follower on

• One thing to make a habit of

I love this so much. If I had a cubicle wall, I’d print this out and hang it beside my desk. It’s so simple, yet potentially so powerful.

I’ve been trying to think about how to adapt this for my team. Here’s what I’m thinking so far:

One thing to be a leader on — There are always so many projects in the works. Instead of centralizing power among just a handful of leaders, why not spread the responsibility around and give everyone something to take charge on? Even a smaller project — overseeing some design fixes to our newsletters, for instance — could be a great opportunity to give a junior staffer the opportunity to lead.

One thing to be a follower on — As teams gets stretched thin with additional work, it’s easy for a team member to be left alone on a project. And that should never be the case. Everyone should have someone to bounce ideas off of, or to support the work. It’s true that when two people work together on a project, their total output far exceeds what you’d expect from adding 1 + 1 together. Every leader needs a follower to support them.

One thing to make a habit of — Building good habits matter. Whether it’s making time to read in the morning or starting a new routine at the gym, I really believe that building good habits can change your life. And you don’t need to wait for New Year’s Day to resolve to build better habits. You can start today!

That 1-1-1 model — lead, follow, and build good habits — is an amazing example. I can’t wait to bring it to my team.

— — —

That photo of someone to follow comes via Unsplash and photographers Danka & Peter.

Ask, Listen, Learn, Decide. (The Tevye Theory Of Leadership.)

Fiddler

Can we talk about “Fiddler on the Roof” for a second?

I love “Fiddler.” I love the music, and I love the story.[1. I especially love the Lin-Manuel Miranda version of “To Life”, but that’s for another day.] And as I grow into a leadership role at my office, I’ve been thinking a lot about the main character of Tevye, and how his role in “Fiddler” has partly inspired the way I try to make decisions at work.

If you’ve never seen “Fiddler,” here’s the 15-second version: It’s the story of a humble milkman (Tevye), trying to lead his family and his Jewish community through a period of huge upheaval in Russia at the turn of the 20th century. Over the course of the story, Tevye’s homeland rejects him for his religious beliefs; his daughters grow older and marry, but not to the men he’d once envisioned for them; and his family is uprooted from their home. It’s a fascinating — and heartbreaking — story.[2. For Jewish families like mine, watching “Fiddler” can feel like watching a biography of our ancestors.]

Lately, though, I’ve been thinking a lot about Tevye’s role in “Fiddler” story — specifically, the way Tevye adapts to the realignments happening around him. As his world changes, Tevye deals with every new issue by moving through the same four steps:

1) Ask — Tevye asks a lot of questions, seeking to understand the “why” behind changes that affect him.

2) Listen — He listens carefully to what the people he trusts most (his family, his fellow villagers, even some Russian officials) tell him.

3) Learn — He’s receptive to a variety of viewpoints, and willing to accept ideas that aren’t his own. He challenges himself to see things through other people’s eyes.

4) Decide — He tries to make the best decisions he can with the information he’s been given.

And by using the same method for every major change — ask, listen, learn, decide — Tevye consistently makes good decisions. He surrounds himself with people who support him, but who are also willing to challenge him. And Tevye has the humility to understand that by listening to those perspectives, he can push himself towards the best possible decision. In his family, the decisions are always ultimately his, but Tevye never makes a decision without going through that decision-making process first.

All of this matters when you’re making decisions as a leader in your workplace. You have to surround yourself with smart people who are willing to confront you with hard truths. On a team, dissent and disagreement can be a good thing — as long as you’re willing to recognize that you don’t have all the answers. Together, the team can always get to a better solution than you will alone.

The next time you watch “Fiddler,” watch it with Tevye’s process in mind. I think you’ll be impressed at how such a humble character can show such wisdom as a leader.

———

That photo of a “Fiddler” playbill was taken by Deb Nystrom and used here thanks to a Creative Commons license.

Look Up.

the morning 6 train

I’ve lived in New York City for four years, and in those four years, I don’t believe I’ve ever gone all Tom Friedman and written a post in which I take a tiny public transportation experience and make it into a big thing.

That, sadly, ends today.

So with apologies to the Times’s op-ed page, here’s a story:

I’m riding the subway down to work this morning, and the arrival board on the downtown 6 train has one word on it: “Delay.” I wait for a few minutes, but the subway still hasn’t arrived.

And then a voice comes over the loudspeaker: There’s a sick passenger on the train one stop away, and it’s not moving. If you want to go downtown, please go to the other side of the tracks, take a 6 uptown one stop, and then take an express train back downtown.

It’s annoying. But it is what it is.

So I start walking to the uptown platform, and a handful of people are walking there, too. But everybody else on the platform is just standing there.

The voice comes over again to repeat the message, but most people still aren’t moving.

I get to the other side of the tracks, and I look back at the downtown platform. There must be a hundred people still standing there, completely oblivious to the message from the loudspeaker. I look up and down the platform. Everyone’s in their own world, listening to something via headphones, or loudly locked in conversation with someone else. The trains aren’t moving, and they’re too busy to even notice.

Now here’s where Tom Friedman would make a profound statement about the state of the world based on that one story, and since I’m already this deep into my anecdote, here goes:

We all have ways of building little bubbles for ourselves, and shutting the rest of the world out. You throw on headphones. You hide in our offices, doors closed, or in corners of the building where you won’t be bothered. You tell yourself that you need the quiet, or you need to be productive. You need to get away.

But here’s the downside: That leaves you isolated. You miss out on the things happening all around you — sometimes little, sometimes big and obvious.

I used to laugh about a manager at my office who was infamous for a leadership style called Management By Walking Around. It seemed like such an odd way to lead. But I’m starting to see the benefits. Being visible and keeping your eyes open exposes you to what’s happening around you — at least at the surface level. It opens the door to serendipitous conversations, and as a manager, it’s certainly not a bad thing to be a noticeable presence around the building.

But first you have to open your eyes and ears. Things are happening all around you — it’s up to you to decide if you want to pay them notice.

———

That’s a photo of my subway platform, taken by yours truly.

Momentum Matters.

locked door

I hate feeling stuck.

I hate those weeks where you feel like things aren’t moving forward — your relationships, your job, your life. You feel like things aren’t going at the speed you want.

I’ve been there enough times to know how to get myself unstuck, and it might work for you, too:

By starting something.

A new series of classes at the gym. A new writing routine. A new challenge: reading a new book every month, cooking a new recipe every week, whatever.

I find that as soon as I get a little energy behind a new thing, even if it’s a small thing, everything else my life tends to open up, too. Motion turns into momentum. I start noticing new ways to attack a problem at work. I start developing new ideas for launches or ways for teams to work together.

There’s something about trying a new thing that kickstarts my brain. I know I can get stuck in my head, dwelling on a problem or project for way too long. Starting something new gets me past that and focused on what’s ahead. And often a simple act — deciding to start — is enough to get me past a big obstacle.

———

This post got me thinking about getting past the obstacles in your life — hence that photo of a locked door. The photo’s by Cristina Gottardi, and was first published on Unsplash.

Get That Buy-In.

work-resolutions

’Tis the season to start setting New Year’s resolutions. Every year, I set several personal goals, but this year, I want to set a few resolutions for my work, too. Here’s the third and final resolution:

I’m really excited about something that’s happening at work this month: Several members of my team are moving on to bigger roles at the company.

I’m absolutely thrilled for them. They’re worked so hard, and they’re going to continue to do amazing work that shapes the future of our company. They’ve got big opportunities ahead of them.

But before we finalize these new roles — or before my team launches any new projects this year — I have to keep my final 2017 work resolution in mind: Before you start, you have to get that buy-in.

Here’s what I mean: Every decision has a handful of stakeholders involved. You’ve got bosses who need to approve things, direct reports who need to get on board with the next steps, and colleagues who can help move a decision along. But before you can make a big decision, you have to get all necessary parties to buy in to the idea.

I’m a believer that many of the headaches that happen at an office could be resolved if managers did a better job of getting buy-in at the start of a big decision. Before anything else happens, you’ve got to sit down with the key parties and listen to them. You have to figure out what they want, and how you can help them. You have to make it known that you’re going to work hard — and work with them — to find a solution that works for everyone.

Once everyone lays their cards on the table, it becomes a lot easier to move forward with a decision. Getting buy-in means that you’re invested in everyone else’s success, and they’re invested in yours. When you get to that place, it changes everything about the way a decision gets made.

Buy-in takes work. It’s a lot of one-on-ones over coffee, and a lot of asking questions. But it can also get obstacles out of your way early on and allow you to focus on making the right decisions for your team. It’s an important and necessary step.

Get that buy-in, and you’ll get things done.