meaning it’s essential but it exciting.
1: so where do you work?
2: oh you know, that supermarket on 14th
1: oh nice!
2: Yeah, I got that pepperoni career on lock down!
n. when one becomes periodically overly emotional about the current state of his/her job/career.
Frankie was complaining about "not being where he should be with his MBA" and how "he should have been a manager by now". I think he's just having his career period.