When It No Longer Pays to Follow Your Dreams By Andrew Kosztyo
"Think outside the box..."
"Follow your heart and pursue your passions..."
"Don't be afraid to roll the dice..."
Wonderful bromides: they're the staple of every haughty high school and elite university commencement address. "Graduation Bingo" smart phone apps now allow ADD-addled grads to track the beneficent buzzwords as they flow from the august speaker's silvery tongues.
The only problem: it's all a bunch of baloney!
For every hedge fund millionaire and Silicon Alley billionaire pontificating from the podium, there are thousands -- no, tens of thousands -- of talented individuals who follow the be-an-iconoclast advice, roll the dice, and come up snake eyes.
This template is especially treacherous when applied to middle-aged professionals trying to recalibrate their careers in the post-recession, "new-normal" environment. To wit, a displaced corporate lender with twenty years experience at a money center bank has almost no realistic chance of reinventing herself as an entrepreneur or, worse yet, an independent consultant.
http://www.thestreet.com/story/11835862 ... L_atb_html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"