Career capital is an idea mentioned by Cal Newport in the book So Good They Can’t Ignore You, an American computer research who rights about deep work, good careers and digital disruption. Good podcast summary here. Career capital is your rocket fuel to push you to your GPwSI niche. Career capital is the experience, skills and value you bring. One of the stand out ideas to me from the book was the idea of career capital – what store of value do you have that sets you apart from other people and makes you a natural choice for that patient to choose you, that selection panel to select you or gives confidence that your new venture will succeed.

How Do I build up career capital for GPwSI?
Some is a framework created for us – schooling, university, fellowship. This basic scaffolding allows us to work in our chosen area and be trusted that we meet basic standards. If we want to stretch ourselves, or move into a new area, career capital is the rocket fuel that can push us there. Again some of this can be formal – skin cancer clinic training courses, Possums/IBCLC training, FPS training. Some may be informal – self education, conferences, shadowing. Maybe you provide value to patients via youtube videos, providing value to colleagues, becoming the go-to-person in your clinic or area for this problem. Maybe through volunteering at the local sports club you get exposure to the sport physician world.
Why do I need career capital?
To run with my rocket fuel metaphor, if there is no career capital, there is no push and you will fall short of your goals. People can’t find you, people don’t know you and your value may not be clear. We cannot just put up a shingle stating we are open for business in our niche and expect patients to roll in. We need to provide value, demonstrate safe, appropriate care and demonstrate social proof (reviews within APHRA guidelines). Of course we all have to start somewhere and just like a bank account, we start with a low stock of career capital and build over time. Like the savings account as well, frequent small additions build over time. So regular videos, patient handouts, education to colleagues, blog posts or interaction with an online community builds connection and trust allowing you to be thought of as a trusted provider.
Is career capital just marketing?
Yes in that marketing is getting people to know, like and trust you before using your service. No in that career capital is also about the knowledge or skills to complete the work required, not just a hollow sales pitch. Crucially in medicine we are offering so much more than selling some active wear or a cook book – we need to be confident our skills are safe and at expected standards, particularly if moving into a GPwSI or niche that bridges that gap between GP and specialism work. We have seen the negative aspects of this with the cosmetic surgeon problems in Australia – people with good marketing pitches but high complication rates and practices that did not meet societies or our colleagues expectations of safe practice. How do we assess our competence? having a mentor, CPD, audit, education, research, developing a craft group or joining a society in your area.
What are your next steps to develop career capital?
Is this sitting down with some paper to think about what skills you already have, what skills you might need to develop to get to your ideal niche? Is this about creating resources that patients or colleagues can use and get to understand your knowledge? Is this around finding a mentor or a volunteer position that will allow you exposure to that area that is currently walled off?
Dr Simon Wilson
Contact me via GPDU/CCIM closed facebook groups or LinkedIn


