10 Career lessons from celebrities
When I heard about Celebrity Inc by Jo Piazza, I was doubly excited. First of all, I love business books, and I couldn't wait to peek behind the curtain at various aspects of the entertainment industry. Secondly, I was looking forward to some escapism from the celebrity examples. As a career coach, my whole focus is on career stories, but celebrities have that aura of unattainability, of being different from you and me. However, after reading the book, I realized that, while the stories have an extreme, outlandish quality you'd expect from celebrities, the career lessons still apply to everyday folks like you and me.
Compensation is situation-specific (Mariah Carey and Nick Cannon)
The opening chapter of the book focuses on the run-up of prices in celebrity baby pictures, with a focus on the Jolie-Pitt pictures. The bidding war peaks and then bursts, such that several years after the million-dollar payouts, Mariah Carey and Nick Cannon only got $600,000 for their baby photos. Even celebrities aren't immune to compensation market trends. Do not compare what you make to other people, in other circumstances, during different time periods. (excerpt from Forbes)
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