Updating my meme for the future generations:
Success for your generation is:
(1) ruthless financial discipline — no bad debt;
(2) a life long interest in learning — education — a degree — they can’t take it away from you;
(3) a white collar job, non-off-shorable, in order to save big bux;
(4) a blue collar skill for hard times — never saw a poor plumber;
(5) one or more internet based businesses — your store is always open;
(6) a free time hobby that generates income; and
(7) a large will-maintained network of people who can “help” you.
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It’s become apparent that any job that can be moved off-shore will be. The cheaper wage rates are making it more and more attractive for work to move globally.
Stories about IBM and their “playbook” style consulting can be done from anywhere.
TATA has an order of magnitude in any bidding war. My friend, a TATA-competing consultant, was told by the TATA sales guy that “they just offered contacting manager to drop the last zero off any bid they received”. Over drinks, the contracting manager confided to my friend that is exactly what he did. The contracting manager took my friend’s proposal for 1.2M$ and TATA took the bid at 120K$. The consulting company my friend worked for went out of business shortly after that.
So, when you look for that white collar job, make sure it’s one that will stay here. (Whereever here is for you!)
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Reinke Faces Life 