Adopting certain ways of thinking increases your chances of Success.
Today I’m going to share with you my framework for success and what a framework really is.
In this Framework, I discuss the three dimensions you should start using to assess whether or not you’ll be successful in achieving the goals you set for yourself in your B.A. career and in life.
A Framework For Success
What Is A Framework?
It’s kind of a mental model, it’s a way of thinking about a certain situation that helps you arrive at a conclusion much more quickly than you would if you didn’t have that mental model.
It sounds a bit abstract and I know that for those of you who are used to getting very direct and very practical advice from me this might seem like a bit of an abstract concept.
For Your Benefit
I want to encourage you to keep on paying attention because if you are able to frame situations in your own mind or if you can adopt certain ways of thinking your chances of success in whatever you do are going to increase right.
What My Framework For Success Helps Me Do
Any time I’m trying to decide whether I’m going to be successful at something, or deciding whether or not I should invest my time or my money or my effort into, I always try to think about it in terms of three different dimensions and those three dimensions are:
I always try to assess “Am I competent enough to be able to do what it is I’m trying to do?”
I have to be very honest with myself if I’m going to be spending a lot of my time, money and a lot of my effort. I have to be brutally honest with myself about whether I have the level of competence it takes right.
I don’t want to under-assess my competence and then invest my time and money and then not be able to be successful while I’m trying and still waste my time and my resources.
So the first one is I test my own level of competence. OK.
I always look at whether I have access to the opportunities.
Are there the opportunities for me to do what it is that I want to do? The opportunities are largely out of our hands.
Look at the opportunities exist out there in the world. Again, I have to be very honest with myself about whether the opportunities exist or whether the opportunities are going to present themselves to me for what it is I’m trying to do.
So I ask myself if what I’m trying to do is difficult. Do I have enough motivation and do I have enough in me to sustain myself in the long run in being able to achieve a certain goal.
Am I just going to give up after a couple of months of trying and realizing it’s not going to work out or am I motivated enough to keep on trying this for as long as it takes to be able to become successful? Right.
So COMPETENCE – OPPORTUNITY – MOTIVATION
Those are the three main dimensions that I always consider when I’m trying to figure out whether I should try something new or whether I’m trying to figure out whether I’m going to be successful at whatever it is I’m trying.
Let’s Look At This More In-Depth:
So let’s look at how this applies to your decisions, your possible decisions about whether you’re gonna become a B.A. or whether you know what kind of a B.A. (there are 3 types) you want to become right.
If you’re considering becoming a business analyst first what you need to do is you need to be very honest with yourself about your level of competence.
Be Brutally Honest With Yourself
You don’t want to over-assess your capabilities and you don’t want to under you assess your capabilities.
What I see for a lot of analysts is that they have a lack of confidence in themselves right.
People who want to become analysts have a lack of confidence because they overestimate the difficulty level of the job that they’re trying to do.
So they’ll immediately fail the first test there or, you know, they’ll ask themselves the first question “Am I capable of doing this?” and a lot of times they lean towards saying no I’m not capable of doing this.
Know Your Competencies For The BA Role You Pursue
Now there are a wide variety of types of business analyst jobs out there right. You can do business analyst jobs that are very very demanding and very difficult but there is a whole spectrum of analysts jobs out there that are not necessarily that high pressure.
They’re not that difficult and they’re not as pressing right.
So you should know when you’re trying to measure your own level of competence, trying to measure whether you’re capable of doing this type of work, know that you have a wide spectrum of the different types of rules that are out there and you can always find you don’t always have to choose the most difficult one you have.
You can choose the one that is at the right level that you think that you can perform at and still have a very good meaningful career at being able to do right.
So, on the competence front, that’s what I would do. That’s the type of advice I would give you.
When it comes to the second one which is opportunity – it speaks for itself, If you do a job search on any of the major job sites.
I did a video a while back ago where I talked about the number of jobs that were available just on LinkedIn for the four B.A. roles ( Business Analyst Salaries ).
How Many BA Jobs Are Actually Available?
I think it was around 60 or 70 thousand jobs available.
Remember LinkedIn is only one job board. So that’s seventy thousand jobs out there and I’m speaking mostly about the US right now.
There are seventy thousand business analyst jobs out there in the US, that question (of Opportunity) is answered for you right away. Right. The answer to that question is certainly yes.
What Is The Outlook For BA Jobs?
If you look at any of these statistics that are coming out from the IIBA (International Institute of Business Analysis) or from any of the other standards organizations you can see that that number is only going to increase in the future.
So in the next 5 to 10 years, that number is only going to be growing.
If you’re considering getting into analysis and you know you have the competence or you can find the right job for the level that you want to be at, you’re now considering all the opportunities there, I would say just do a simple job search and just check for yourself because the answer to that question will inevitably be yes.
We’ve considered competence. We’ve considered opportunity. Now what we need to do is tackle the third one. How Motivated are you?
How much work are you willing to put in to try to get yourself from where you are today into a position where you have a meaningful and rewarding business analyst career?
This is solely in your own hands.
How much motivation do you have to continue to pursue the career that you want to create for yourself?
That’s a question that you should ask yourself.
Some Don’t Take It Seriously
Again, you have to be very very honest with yourself about all of these questions, because if you think to yourself “well you know what, I just want to try it for a couple of months and see if I can make this thing happen, then after that I’m not really going to try again”.
Then There Are Those That Are Serious
For most people that I’ve met they take their careers very very seriously.
So when they have decided that they’re going to pursue a certain career path most people put in the work that it takes to actually achieve that.
For motivation, a lot of the professionals that I come across, professionals and the aspiring business analysts that I meet, they have an immense amount of motivation they just need help with the other two.
They need to help increase their level of competence and they need to find ways of opening up opportunities for themselves.
But usually the motivation piece isn’t there.
There are times where I will meet some people who are not really that serious about it but they’re just trying it out. “If it works out I’ll give it a shot for a couple of months and it may work out for me if it doesn’t I’m just going to move on to something else”.
Wrapping It All Up
Again, when you’re thinking about your own pursuit of a meaningful business analysis career you should look at it from the framework of success. This framework of success is what I try to apply to everything that I try to do right. Apply this into your own career.
If you’re able to answer these questions for yourself honestly, you’re going to have a much better idea of whether this profession is the right one for you or not.
- Number one do I have the ability to do this work and keep in mind that in the job market the big job market you don’t have to choose the most difficult type of business analysis work to do. Right there’s a huge spectrum.
- Number two, are the opportunities there. Do a quick search and you can answer that question very quickly. The challenge there is how do you make those opportunities open to yourself? I can talk about this in other videos.
- Number three, motivation. Dig deep down inside your own heart and figure out do I have it in me to continue to pursue this. If it doesn’t work out in the short run, am I willing to put enough time and work? And do I have the motivation to pursue this until it actually works?
My Request To You…
I really want you to share this video with one other person even if they’re not interested in becoming a business analyst.
I want you to share it with them because of the framework for success and thinking about increasing your opportunities for success.
That framework applies to not just this career choice, it applies to almost anything that anybody wants to pursue.
For me it’s it has worked wonders in the past. So just share this video if you can with at least one other person that you know I’ll leave the video there and I’ll see you on the next one.