ABOUT THE SPEAKER
Larry Smith - Professor of Economics, University of Waterloo
A professor of economics at the University of Waterloo in Canada, Larry Smith coaches his students to find the careers that they will truly love.

Why you should listen

Larry Smith is a professor of economics at University of Waterloo. A well-known storyteller and advocate for youth leadership, he has also mentored many of his students on start-up business management and career development. The most notable start-up he advised in its infancy is Research in Motion (RIM), maker of the BlackBerry.

"What you see in the TED Talk is essentially thirty years of Smith’s frustrations reaching a boiling point," wrote Carmine Gallo in Forbes. “'Wasted talent is a waste I cannot stand,' Smith told me."

More profile about the speaker
Larry Smith | Speaker | TED.com
TEDxUW

Larry Smith: Why you will fail to have a great career

Filmed:
6,789,574 views

In this funny and blunt talk, Larry Smith pulls no punches when he calls out the absurd excuses people invent when they fail to pursue their passions.
- Professor of Economics, University of Waterloo
A professor of economics at the University of Waterloo in Canada, Larry Smith coaches his students to find the careers that they will truly love. Full bio

Double-click the English transcript below to play the video.

00:03
I want to discuss with you this afternoon
0
1087
4916
00:08
why you're going to fail to have a great career. (Laughter)
1
6003
4008
00:12
I'm an economist. I do dismal.
2
10011
4078
00:16
End of the day, it's ready for dismal remarks.
3
14089
4947
00:21
I only want to talk to those of you who want a great career.
4
19036
3986
00:25
I know some of you have already decided
5
23022
1076
00:26
you want a good career.
6
24098
2913
00:29
You're going to fail, too — (Laughter) —
7
27011
2038
00:31
because — Goodness, you're all cheery about failing. (Laughter)
8
29049
3008
00:34
Canadian group, undoubtedly. (Laughter)
9
32057
5963
00:40
Those trying to have good careers are going to fail,
10
38020
2046
00:42
because, really, good jobs are now disappearing.
11
40066
3976
00:46
There are great jobs and great careers,
12
44042
3025
00:49
and then there are the high-workload, high-stress,
13
47067
3971
00:53
bloodsucking, soul-destroying kinds of jobs,
14
51038
3045
00:56
and practically nothing in between.
15
54083
1934
00:58
So the people looking for good jobs are going to fail.
16
56017
2035
01:00
I'm going to talk about those looking for great jobs, great
17
58052
2996
01:03
careers, and why you're going to, why you're going to fail.
18
61048
4002
01:07
First reason is that no matter how many times people tell you,
19
65050
6025
01:13
"If you want a great career, you have to pursue your passion,
20
71075
3953
01:17
you have to pursue your dreams, you have to pursue,
21
75028
3003
01:20
the greatest fascination in your life,"
22
78031
3016
01:23
you hear it again and again and then you decide
23
81047
2032
01:25
not to do it. It doesn't matter how many times you download
24
83079
4008
01:29
Steven J.'s Stanford commencement address,
25
87087
4926
01:34
you still look at it and decide not to do it.
26
92013
3030
01:37
I'm not quite sure why you decide not to do it.
27
95043
2039
01:39
You're too lazy to do it. It's too hard.
28
97082
2000
01:41
You're afraid if you look for your passion and don't find it,
29
99082
2949
01:44
you'll feel like you're an idiot, so then you make excuses
30
102031
3010
01:47
about why you're not going to look for your passion.
31
105041
2994
01:50
And they are excuses, ladies and gentlemen.
32
108035
1062
01:51
We're going to go through a whole long list, your creativity,
33
109097
2978
01:54
and thinking of excuses not to do what you really
34
112075
2992
01:57
need to do if you want to have a great career.
35
115067
2997
02:00
So, for example, one of your great excuses is,
36
118064
6005
02:06
"Well, great careers are really and truly, for most people,
37
124069
5001
02:11
just a matter of luck, so I'm going to stand around,
38
129070
3948
02:15
I'm going to try to be lucky, and if I'm lucky,
39
133018
2068
02:17
I'll have a great career. If not, I'll have a good career."
40
135086
2998
02:20
But a good career is an impossibility, so that's not going to work.
41
138084
3948
02:24
Then, your other excuse is, "Yes, there are special people
42
142032
3987
02:28
who pursue their passions, but they are geniuses.
43
146019
3997
02:32
They are Steven J. I'm not a genius.
44
150016
3027
02:35
When I was five, I thought I was a genius,
45
153043
2959
02:38
but my professors have beaten that idea
46
156002
2002
02:40
out of my head long since." (Laughter) Mm?
47
158004
3018
02:43
"And now I know I am completely competent."
48
161022
4058
02:47
Now, you see, if this was 1950,
49
165080
2972
02:50
being completely competent,
50
168052
2967
02:53
that would have given you a great career.
51
171019
2023
02:55
But guess what? This is almost 2012, and saying
52
173042
4005
02:59
to the world, "I am totally, completely competent,"
53
177047
4013
03:03
is damning yourself with the faintest of praise.
54
181060
4025
03:07
And then, of course, another excuse:
55
185085
2933
03:10
"Well, I would do this, I would do this, but, but,
56
188018
3037
03:13
well, after all, I'm not weird.
57
191055
4042
03:17
Everybody knows that people who pursue their passions
58
195097
2954
03:20
are somewhat obsessive. A little strange? Mm? Mm? Okay?
59
198051
4977
03:25
You know, a fine line between madness and genius.
60
203028
3021
03:28
I'm not weird. I've read Steven J.'s biography.
61
206049
4046
03:32
Oh my goodness. I am not that person. I am nice.
62
210095
3952
03:36
I am normal. I'm a nice, normal person,
63
214047
3004
03:39
and nice, normal people
64
217051
2013
03:41
don't have passion.
65
219064
3968
03:45
Ah. But I still want a great career.
66
223032
2981
03:48
I'm not prepared to pursue my passion, so I know
67
226013
2024
03:50
what I'm going to do, because I have, I have a solution,
68
228037
2972
03:53
I have a strategy.
69
231009
1999
03:55
It's the one Mommy and Daddy told me about.
70
233008
2018
03:57
Mommy and Daddy told me that if I worked hard,
71
235026
3027
04:00
I'd have a good career. So, if you work hard
72
238053
3957
04:04
and have a good career, if you work really, really, really hard,
73
242010
3018
04:07
you'll have a great career. Doesn't that, like,
74
245028
2020
04:09
mathematically make sense?"
75
247048
1962
04:11
Hmm. Not. (Laughter)
76
249010
1050
04:12
But you've managed to talk yourself into that.
77
250060
2980
04:15
You know what? Here's a little secret.
78
253040
2001
04:17
You want to work? You want to work really, really, really hard?
79
255041
3014
04:20
You know what? You'll succeed. The world will give you
80
258055
2014
04:22
the opportunity to work really, really, really, really hard,
81
260069
4990
04:27
but are you so sure that that's going to give you
82
265059
4973
04:32
a great career when all the evidence is to the contrary?
83
270032
4033
04:36
So let's assume, let's deal with those of you
84
274065
3935
04:40
who are trying to find your passion.
85
278000
2017
04:42
You actually understand that you really had better do it,
86
280017
2024
04:44
never mind the excuses. You're trying to find your passion,
87
282041
3996
04:49
and you're so happy.
88
287078
2009
04:51
You found something you're interested in.
89
289087
2934
04:54
I have an interest! I have an interest! You tell me.
90
292021
2994
04:57
You say, "I have an interest!" I say, "That's wonderful!
91
295015
2033
04:59
And what, what are you trying to tell me? That you — "
92
297048
3014
05:02
"Well, I have an interest."
93
300062
1955
05:04
I say, "Do you have passion?"
94
302017
1045
05:05
"I have an interest," you say.
95
303062
2947
05:08
Your interest is compared to what?
96
306009
1081
05:09
"Well, I'm interested in this."
97
307090
2945
05:12
And what about the rest of humanity's activities?
98
310035
3063
05:15
"I'm not interested in them."
99
313098
2000
05:17
You've looked at them all, have you?
100
315098
1999
05:19
"No. Not exactly."
101
317097
2977
05:22
Passion is your greatest love.
102
320074
2961
05:25
Passion is the thing that will help you create
103
323035
4995
05:30
the highest expression of your talent.
104
328030
2039
05:32
Passion, interest -- it's not the same thing.
105
330069
2946
05:35
Are you really going to go to your sweetie and say,
106
333015
2047
05:37
"Marry me! You're interesting." (Laughter)
107
335062
6939
05:44
Won't happen. Won't happen, and you will die alone. (Laughter)
108
342001
5031
05:49
What you want, what you want, what you want,
109
347032
3045
05:52
is passion. It is beyond interest.
110
350077
3958
05:56
You need 20 interests, and then one of them,
111
354035
3059
05:59
one of them might grab you, one of them might engage you
112
357094
3001
06:02
more than anything else, and then you may have found
113
360095
2951
06:05
your greatest love in comparison to all the other things
114
363046
4009
06:09
that interest you, and that's what passion is.
115
367055
3041
06:12
I have a friend, proposed to his sweetie.
116
370096
3904
06:16
He was an economically rational person.
117
374000
2098
06:18
He said to his sweetie, "Let us marry.
118
376098
3961
06:22
Let us merge our interests."
119
380059
3000
06:25
(Laughter)
120
383059
1994
06:27
Yes he did.
121
385053
1992
06:29
"I love you truly," he said. "I love you deeply. I love you
122
387045
4034
06:33
more than any other woman I've ever encountered.
123
391079
3952
06:37
I love you more than Mary, Jane, Susie, Penelope,
124
395031
4051
06:41
Ingrid, Gertrude, Gretel --
125
399082
2003
06:43
I was on a German exchange program then." (Laughter)
126
401085
2940
06:46
"I love you more than — "
127
404025
2975
06:49
All right! She left the room halfway through his enumeration
128
407000
6036
06:55
of his love for her.
129
413036
2004
06:57
After he got over his surprise at being, you know,
130
415040
2979
07:00
turned down, he concluded he'd had a narrow escape
131
418019
5056
07:05
from marrying an irrational person,
132
423075
3985
07:09
although he did make a note to himself that the next time
133
427060
2025
07:11
he proposed, it was perhaps not necessary to enumerate
134
429085
4010
07:15
all of the women he had auditioned for the part. (Laughter)
135
433095
5998
07:21
But the point stands. You must look for alternatives
136
439093
3926
07:25
so that you find your destiny,
137
443019
1075
07:26
or are you afraid of the word "destiny"?
138
444094
2989
07:29
Does the word "destiny" scare you?
139
447083
2981
07:32
That's what we're talking about, and if you don't find
140
450064
2019
07:34
the highest expression of your talent, if you settle
141
452083
2976
07:37
for "interesting," what the hell ever that means,
142
455059
2959
07:40
do you know what will happen at the end of your long life?
143
458018
3027
07:43
Your friends and family will be gathered in the cemetery,
144
461045
3015
07:46
and there, beside your gravesite will be a tombstone,
145
464060
3028
07:49
and inscribed on that tombstone, it will say,
146
467088
2987
07:52
"Here lies a distinguished engineer who invented Velcro."
147
470075
7018
07:59
But what that tombstone should have said,
148
477093
4953
08:04
in an alternative lifetime,
149
482046
2983
08:07
what it should have said if it was your highest expression of
150
485029
3067
08:10
talent, was, "Here lies the last Nobel Laureate in Physics,
151
488096
5930
08:16
who formulated the Grand Unified Field Theory
152
494026
3031
08:19
and demonstrated the practicality of warp drive."
153
497057
3983
08:23
(Laughter)
154
501040
2035
08:25
Velcro, indeed. (Laughter)
155
503075
4010
08:29
One was a great career.
156
507085
3985
08:33
One was a missed opportunity.
157
511070
4000
08:37
But then, there are some of you,
158
515070
2000
08:39
in spite of all these excuses, you will find,
159
517070
3963
08:43
you will find your passion,
160
521033
3972
08:47
and you'll still fail.
161
525005
3024
08:50
You're going to fail, because,
162
528029
3040
08:53
because you're not going to do it,
163
531069
3002
08:56
because you will have invented a new excuse,
164
534071
3985
09:00
any excuse to fail to take action, and this excuse
165
538056
5027
09:05
I've heard so many times.
166
543083
2955
09:08
"Yes, I would pursue a great career, but I value
167
546038
11976
09:20
human relationships more than accomplishment.
168
558014
5020
09:25
I want to be a great friend. I want to be a great spouse.
169
563034
4981
09:30
I want to be a great parent, and I will not sacrifice them
170
568015
3067
09:33
on the altar of great accomplishment."
171
571082
3992
09:37
(Laughter)
172
575074
2003
09:39
What do you want me to say?
173
577077
1961
09:41
Now, do you really want me to say now, tell you,
174
579038
2999
09:44
"Really, I swear I don't kick children." (Laughter)
175
582037
3033
09:47
Hmm? Look at the worldview you've given yourself.
176
585070
4022
09:51
You're a hero no matter what, and I, by suggesting,
177
589092
5003
09:56
ever so delicately, that you might want a great career,
178
594095
3930
10:00
must hate children. I don't hate children. I don't kick them.
179
598025
3001
10:03
Yes, there was a little kid wandering through this building
180
601026
2977
10:06
when I came here, and no, I didn't kick him. (Laughter)
181
604003
4029
10:10
Course, I had to tell him that the building was for adults only
182
608032
3008
10:13
and to get out.
183
611040
1042
10:14
He mumbled something about his mother,
184
612082
2000
10:16
and I told him she'd probably find him outside anyway.
185
614082
3984
10:20
Last time I saw him, he was on the stairs crying. (Laughter)
186
618066
3946
10:24
What a wimp. (Laughter)
187
622012
2046
10:26
But what do you mean? That's what you expect me to say.
188
624058
2945
10:29
You really think, you really think it's appropriate
189
627003
2024
10:31
that you should actually take
190
629027
2985
10:34
children and use them as a shield?
191
632012
3082
10:37
You know what will happen someday,
192
635094
1985
10:39
you, you ideal parent, you?
193
637079
4009
10:43
The kid will come to you someday and say,
194
641088
3928
10:47
"I know what I want to be.
195
645016
2021
10:49
I know what I'm going to do with my life."
196
647037
2003
10:51
You are so happy. It's the conversation
197
649040
2039
10:53
a parent wants to hear, because your kid's good in math,
198
651079
2989
10:56
and you know you're going to like what comes next.
199
654068
3012
10:59
Says your kid, "I have decided
200
657080
2016
11:01
I want to be a magician.
201
659096
2967
11:04
I want to perform magic tricks on the stage."
202
662063
4013
11:08
(Laughter)
203
666076
2003
11:10
And what do you say?
204
668079
2946
11:13
You say, you say,
205
671025
2047
11:15
"Umm ... that's risky, kid.
206
673072
3930
11:19
Might fail, kid. Don't make a lot of money at that, kid.
207
677002
2082
11:21
You know, I don't know, kid,
208
679084
1916
11:23
you should think about that again, kid,
209
681000
1092
11:24
you're so good at math, why don't you — "
210
682092
1953
11:26
And the kid interrupts you, and says,
211
684045
1048
11:27
"But it is my dream. It is my dream to do this."
212
685093
4944
11:32
And what are you going to say?
213
690037
1990
11:34
You know what you're going to say?
214
692027
1066
11:35
"Look kid. I had a dream once, too, but -- but."
215
693093
5947
11:41
So how are you going to finish the sentence with your "but"?
216
699040
2987
11:44
"... But. I had a dream too, once, kid, but I was afraid to pursue it."
217
702027
5995
11:50
Or, are you going to tell him this?
218
708022
2060
11:52
"I had a dream once, kid.
219
710082
3974
11:56
But then you were born." (Laughter)
220
714056
5005
12:01
(Laughter) (Applause)
221
719061
1986
12:03
Do you, do you really want to use your family,
222
721047
5042
12:08
do you really ever want to look at your spouse
223
726089
2970
12:11
and your kid and see your jailers?
224
729059
4952
12:16
There was something you could have said to your kid
225
734011
3989
12:20
when he or she said, "I have a dream."
226
738000
4012
12:24
You could have said, looked the kid in the face, and said,
227
742012
5043
12:29
"Go for it, kid,
228
747055
2971
12:32
just like I did."
229
750026
4029
12:36
But you won't be able to say that
230
754055
2974
12:39
because you didn't. So you can't. (Laughter)
231
757029
7050
12:46
And so the sins of the parents
232
764079
2955
12:49
are visited on the poor children.
233
767034
5001
12:54
Why will you seek refuge in human relationships
234
772035
5036
12:59
as your excuse not to find and pursue your passion?
235
777071
5974
13:05
You know why.
236
783045
2020
13:07
In your heart of hearts, you know why,
237
785065
3027
13:10
and I'm being deadly serious.
238
788092
2924
13:13
You know why you would get all warm and fuzzy
239
791016
2063
13:15
and wrap yourself up in human relationships.
240
793079
3003
13:18
It is because you are —
241
796082
3977
13:22
You know what you are.
242
800059
1981
13:24
You're afraid to pursue your passion.
243
802040
3979
13:28
You're afraid to look ridiculous.
244
806019
2013
13:30
You're afraid to try. You're afraid you may fail.
245
808032
6058
13:36
Great friend, great spouse, great parent, great career.
246
814090
6938
13:43
Is that not a package? Is that not who you are?
247
821028
5000
13:48
How can you be one without the other?
248
826028
3025
13:51
But you're afraid.
249
829053
2959
13:54
And that's why you're not going to have a great career, unless --
250
832012
8061
14:02
unless, that most evocative of all English words --
251
840073
6930
14:09
unless.
252
847003
1088
14:10
But the unless word is also attached
253
848091
4912
14:15
to that other, most terrifying phrase,
254
853003
5064
14:20
"If only I had ... "
255
858067
2981
14:23
"If only I had ... "
256
861048
2984
14:26
If you ever have that thought ricocheting in your brain,
257
864032
5002
14:31
it will hurt a lot.
258
869034
3967
14:35
So, those are the many reasons
259
873007
2070
14:37
why you are going to fail
260
875077
1951
14:39
to have a great career,
261
877028
3019
14:42
unless ...
262
880047
4996
14:47
Unless.
263
885043
4038
14:51
Thank you. (Applause)
264
889081
4920
Translated by Thu-Huong Ha
Reviewed by Morton Bast

▲Back to top

ABOUT THE SPEAKER
Larry Smith - Professor of Economics, University of Waterloo
A professor of economics at the University of Waterloo in Canada, Larry Smith coaches his students to find the careers that they will truly love.

Why you should listen

Larry Smith is a professor of economics at University of Waterloo. A well-known storyteller and advocate for youth leadership, he has also mentored many of his students on start-up business management and career development. The most notable start-up he advised in its infancy is Research in Motion (RIM), maker of the BlackBerry.

"What you see in the TED Talk is essentially thirty years of Smith’s frustrations reaching a boiling point," wrote Carmine Gallo in Forbes. “'Wasted talent is a waste I cannot stand,' Smith told me."

More profile about the speaker
Larry Smith | Speaker | TED.com

Data provided by TED.

This site was created in May 2015 and the last update was on January 12, 2020. It will no longer be updated.

We are currently creating a new site called "eng.lish.video" and would be grateful if you could access it.

If you have any questions or suggestions, please feel free to write comments in your language on the contact form.

Privacy Policy

Developer's Blog

Buy Me A Coffee