Fruitful Tips for Career Planning by David Koch


Career planning starts when you are as young as 5 years old. You look at the different
people around and see role models in them. Since you are not sure of what you want to do,
you keep shuffling from one role to another until it is finally time to take a decision for
higher education. Even then, that may not be your final choice as there could be something
more interesting or more lucrative out there. This is all good as long as you are happy with
where your career is going. If you are not, you need some guidance to secure a promising
future. David James Koch is someone who has seen several ups and downs and has come
out of it all being really successful. The following advice from him could help you with your
career planning.
Grab Every Opportunity You Get
“Always have enough confidence in yourself to give anything a go. But, also have enough
confidence, if it doesn’t work out, to go and do something else”, says Kochie. He also
mentions that it was the single best bit of advice he ever received. He also says that he tried
to follow it to the letter. That came from his father, and he’s trying to pass it down to his
children. In essence, it means never be scared of an opportunity. Grab it, give it your best
shot, and if it doesn’t work out, then move on to something else. But never be left
wondering ‘what if?’
When Koch was working at Sunrise Network as a finance editor, he came across an
opportunity to become a host. He was happy for that. It seems that he keeps asking himself:
“How on earth did a finance journalist end up hosting Sunrise?”  And he answers that he has
always been an opportunist and whatever he is today is all because of the dedication and
commitment that he had put in.
Use Your Experience to Uniquely Develop Your Skills
When says that when he was a young, ambitious 25-year-old journalist, he looked around at
all the finance media icons to see what he could learn and how he could be as good. He also
mentions that they were all highly skilled with great contacts and much older than he was.
Then says, “So I looked for what could be the next big thing in finance journalism, something
so new and different than the usual rules wouldn’t apply and age wouldn’t matter. I’d seen
the boom in personal finance media in the US while visiting my parents, who were living in
San Francisco at the time. So I decided to do the same thing in Australia. I think the key in
any career is to look around and find an in-demand specialty where you can develop a
unique set of skills that can set you apart from the rest.”
Be on the Look-Out for Better Opportunities Within Your Line of Work
The economy and technology have dramatically changed the working landscape. Tens of
thousands of positions have been made redundant and some jobs have disappeared
altogether — including many jobs in print media, where I started out.
If you’re in a large company, the first step is to look for the right department and job. Ignore
the gossip and check with the personnel department to see which divisions are hiring.

Internal transfers usually receive preference. Ask department heads about their long-range
plans, and scan trade magazines or websites to learn which parts of your industry are
Plan Every day for the Future
Every New Year I ask Libby and the kids what goals they’ve set for themselves for the next
12 months. For years they’d laugh at me. As they got older, there were fewer laughs and
even a couple of answers.
Life’s so busy these days that we don’t seem to take a deep breath, stop and think about
what we want to do as individuals. But if you don’t have some sort of map, how do you
know where you want to get to?
Additional Income Is Always Welcome – Plan for It
I’ve always vowed I’d never depend on radio or television for a living. While they’re great
jobs, in some ways they’re horrible industries to be in because they’re so cutthroat and
volatile. When you have a single income, a couple of kids and a mortgage, that volatility is
unacceptable. So I’ve always worked other jobs on the side because I don’t want to put the
family at risk.
That little stash of cash from a second job gives you a fallback position for when things go
wrong and flexibility.
A Bird in Hand Is Better Than Two in the Bush
There’s no doubt money is important. Being paid what your worth is important. But it isn’t
the be all and end all.
My top priority has always been to be in a job I love and then be paid appropriately for
doing it. I’ve always thought it’s better to be happy to be paid a little below what your worth
and keep your job than push for every last dollar and run the risk of being let go at the next
Use Constructive Means to Promote Yourself
Branding is important for every organization. The same is applicable for your career as well.
Do what best you can at work and build up your reputation at workplace. Take up
responsibilities in your company even if it is not a part of your daily work. For instance, it
could be anything from helping a committee to being a first-aid representative. This can
help you develop your personal brand.
Get Guidance from Someone Who Inspires You
If you are able to find a good mentor, it can be a great value addition to your life. As
youngsters, you would definitely need someone who can guide you through the right path
after graduation. A well-experienced mentor, who is successful in life, would be able to do

David’s skill as an operator and a company director and also as a business owner has led him
to become a presenter. He is not just a presenter, but a co-anchor on high demand. He is
frequently hired to talk to audiences at business groups and corporate events. His specialty
is delivering finance tips and real-world business advice. He is also well-known for
presenting keynote speeches on up-to-date statistics on investment issues and the method
to succeed in business.
When you have the right kind of guidance, success is not far behind. If you put these tips
from coach Koch into action, you will soon be able to see a shift in your career growth and
an improvement in your financial status.


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