Money and ambition

The topic of money comes up a lot in my career coaching practice.

This is the story of a young college student who came to talk to me about her career path after graduation. We ended up talking about money and ambition.

This young woman sat down in my office and, fumbling in her purse, started telling me about her classes.

As she was talking, she poked her thumb with a little needle and glanced at the reading. Still talking, she pulled out a syringe and casually jabbed her thigh with an insulin shot.

I watched, awestruck.

“I’m interested in science,” the young woman said. “But I’ve also really enjoyed my finance classes.” She was feeling overwhelmed by the smorgasbord of interesting classes and interesting directions she could take.

“How ambitious are you?” I asked.

That’s one of my favorite coaching topics. Talking about a client’s ambition exposes a potential Catch-22 of social expectation and censure. On the one hand, it can seem somehow unseemly (for women, particularly) to be ambitious. At the same time, there is all kinds of pressure to be financially successful.

My client squirmed, caught in the Catch-22.

“I think I’m really ambitious,” she said shyly, as if she were confessing something embarrassing. “I want to make a difference.”

She described growing up poor, of being the first in her family to go to college.

“What does money mean to you?” I asked.

My client squirmed again. “I really like making money. Having money,” she said slowly. “But it seems wrong — like, greedy — to want it.”

“What if that’s not true?” I asked her. “What if money means health for you?” I gestured at her bag of insulin shots. “What if money means financial independence and freedom, not greed and superficiality?”

She looked at me askance. “I’ve always thought it was wrong to want money,” she said. “My friends all talk about it like we need to save the world and not think about money.”

“You, awesome young woman, will be part of saving the world,” I told her. “Either in science, or business, or wherever you land as you explore interesting classes and opportunities in the future.”

“And you get to make lots of money while you’re at it,” I said.

First published in The Seattle Times. Read my archive of Seattle Times Explore columns.

Related articles

Maximize Your Career in Your Current Organization

From a University of Washington Professional and Continuing Education webinar: Prospective clients sometimes ask me how I have the credibility to coach senior executives in industries I know nothing about. Challenging question, right? So I have a choice here: I can answer in a way that risks sounding defensive, talking about my experience and my degrees. I like to do something really unexpected instead.
I like to talk about knots.

Read More »

How to Network When You’re Not Networking

From a University of Washington Professional and Continuing Education webinar: It can be useful to think of networking in terms of the classic journalistic Who, What, Where, When, Why and How, although I’m going to mix up the order and start with Why. Why do you need to even bother with this networking thing? We’re going to talk about something I call the “career lifecycle” – which sounds awful, doesn’t it? I think you’ll find it reassuring, actually.

Read More »

Assess whether coaching is right for you