Career Possibilities
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The document discusses options for career transitions for those over 45 who have experienced job instability. It suggests that self-employment may be a viable alternative career path. It outlines a 4-step process for exploring self-employment opportunities, including determining if it is feasible based on one's skills and finances, researching suitable business models, industries, and reflecting on whether to start one's own business or purchase an existing business system. The document promotes self-employment as a way to potentially rescue one's financial goals and career stability.
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4. Understand that the goal of the first interview is to get a second interview rather than landing the job immediately. Research the recruiting process.
Clarity Focus Action - for business with marketing departments of one.
The document discusses providing a different input for businesses to help them achieve better outputs and success. It promotes developing clarity, focus, and action. The document states that clarity involves exploring human behavior and leadership principles to apply to business. Focus is about creating a new, practical business strategy rather than old models. Action means identifying the most effective starting point to move the business forward over time. Support involves accessing tools and resources to help momentum. The overall message is that businesses need clarity, focus, and action supported by the right resources to improve outputs.
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This document provides 15 frequently asked questions about starting and running a small business. It addresses questions about determining if someone has the right characteristics to be an entrepreneur, how to evaluate one's own skills and capabilities for starting a business, the importance of writing a business plan even without seeking financing, how to determine startup costs and expenses, the purpose and importance of financial statements, why monthly cash flow analysis is critical, ways to obtain cash to maintain and grow a business, why location is so important, how to evaluate competition, strategies for better marketing a business, what to consider when creating marketing brochures, how to improve customer service, and resources for getting answers to business-specific questions. SCORE is identified as an organization that provides free
How to Motivate Yourself for Business.
The document provides 8 approaches for motivating yourself for business. The approaches include learning about the industry, understanding career paths, setting goals, emulating successful professionals, setting small attainable goals, rewarding accomplishments, focusing on positives, and surrounding yourself with motivated people. It also provides contact information for Roberto Lico's business consulting services in Brazil.
Entrepreneurship the time is now
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Fundamentals of Management, Chapter 5Lecture NotesEntrep.docx
Fundamentals of Management, Chapter 5
Lecture Notes
Entrepreneurship
Isabel M. Isidro (2007) tells us that there are ten rules that entrepreneurs should follow to make sure their businesses grow and prosper. Her suggestions include: find a niche market to target, be small but think big, differentiate the product or service, make a good first impression, plan for success, and establish long-term relationships with customers and suppliers. She further states that by listening to your customers you can best determine potential innovations and plan for success.
An entrepreneur should understand the power of planning. A good plan helps you increase your chances of succeeding and can help you define your business concepts, estimate costs, predict sales and control your risks. It tells you where you are going and how to get there. (Isidro, 2007)
Entrepreneurs, like all business people, must also keep an eye on the financial status of their firms. The difference between their focus and that of a corporate CEO is that entrepreneurs must understand that their sustainability is also predicated on other factors. Hupalo (2007) states,
If entrepreneurs become too earnings focused, they may cut corners leading to less customer satisfaction. They may not reinvest enough in their company’s future. They may compromise their relationship with their employees. This can lead to less success in the future.
Entrepreneurs, therefore, must measure their success by means beyond revenue or profitability. Other measures include increasing profit margins, paying down debt, year-over-year performance, growth in sales, product quality, the number of new clients, and customer satisfaction. Hupalo also makes the following statement about employees:
Employee satisfaction is another measure of success. The great companies tend to have employees who pride themselves in working for their company. Consider what your company has done for its employees throughout the year. If you added a 401(k) plan or improved the level of employee feedback and recognition, for example, you should deem your company more successful than last year. You own a better company.
So, what does it take to be an entrepreneur? Let’s take a look at the case of Sherryl Ford, owner of Facelogic International Inc. According to Lee (2007),
Sherryl Ford wrote the first business plan for a new spa venture on a 4-by-6-inch card at 2 a.m. Three years later, Ford and business partners Shari Nevarez and Evangelina Eastman have established Facelogic International Inc. as a comparatively inexpensive spa chain with more than 22 franchises in the United States and Canada. By year-end, Ford expects to have opened 45 spas, each employing 10 staff members. The company's revenues to date are $2.3 million. (p. 39)
A recent interview with Ms. Ford brought forth some critical elements behind her entrepreneurial success. Here are some of her comments relating to the following topics:
Reason for Getting into Business: .
Job Search 101 Careers Connect
A quick introduction 101 on the basics of job search. Interested to find out more? Attend the Career BounceBack workshop by Careers Connect.
Your Career Map - A Guide to achieve your professional goal
This document provides an overview of creating an effective career map. It discusses the importance of having a well-defined career strategy to guide progression towards goals. An effective career map allows for exploratory detours while keeping long-term goals in mind. It also highlights matching skills to employer needs, communicating qualifications effectively in interviews, and setting further goals to continue progressing along a customized career path. Regularly assessing progress using goals helps ensure the map guides one's career as intended.
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2 Career Planning
YOU MUST BE KIDDING, RIGHT?
Alberto Duarte is contemplating going to graduate school at night for a master's degree so he can advance his career and earn more than his current $64,000 salary income. He is a sales account manager for a health care organization, and he has a small business maintaining aquariums for medical offices and other small offices. How much more income can Alberto expect over an anticipated 40-year career if he obtains the advanced degree?
A. $100,000
B. $300,000
C. $600,000
D. $900,000
The answer is C, $600,000. Over a 40-year working career, a person with a postgraduate degree can expect to earn more than $3 million, and this is about $600,000 more than a person with a bachelor's degree will earn. Getting an advanced degree is no guarantee of additional income, but the likelihood of such a reality is high!
LEARNING OBJECTIVES
After reading this chapter, you should be able to:
Identify the key steps in successful career planning.
Analyze the financial and legal aspects of employment.
Practice effective employment search strategies.
WHAT DO YOU RECOMMEND?
Nicole Linkletter, age 21, expects to graduate next spring with a bachelor's degree in business administration. Nicole's grades are mostly As and Bs, and she has worked part time throughout her college career. Nicole is vice president of the Student Marketing Association on her campus. She would like to work in management or marketing for a medium- to large-size employer. Because she loves the outdoors, Nicole thinks she would prefer a job in the Northwest, perhaps in northern California, Oregon, or Washington.
What would you recommend to Nicole on the importance of career planning regarding:
1. Clarifying her values and lifestyle trade-offs?
2. Enhancing her career-related experiences before graduation?
3. Creating career plans and goals?
4. Understanding her work-style personality?
5. Identifying job opportunities?
You can control much of your financial future with effective career planning. A career is the lifework chosen by a person using his or her personal talent, education, and training. Career planning can help you identify an employment pathway that aligns your interests and abilities with the tasks and responsibilities expected by employers. Career planning has always been important, but with today's level of unemployment and slow economy, it is absolutely crucial. You must plan your career because failure awaits those who do not.
careerThe lifework chosen by a person to use personal talent, education, and training.
career planningCan help you identify an employment pathway that aligns your interests and abilities with the tasks and responsibilities expected by employers over your lifetime.
Your focus should not be simply a “job” but a career. The general progression of one's career will include a number of related jobs. Indeed, the average tenure at a job for U.S. workers is about three years. A career translates into a base of income, ...
2 Career PlanningYOU MUST BE KIDDING, RIGHTAlberto Duarte i.docx
2 Career Planning
YOU MUST BE KIDDING, RIGHT?
Alberto Duarte is contemplating going to graduate school at night for a master's degree so he can advance his career and earn more than his current $64,000 salary income. He is a sales account manager for a health care organization, and he has a small business maintaining aquariums for medical offices and other small offices. How much more income can Alberto expect over an anticipated 40-year career if he obtains the advanced degree?
A. $100,000
B. $300,000
C. $600,000
D. $900,000
The answer is C, $600,000. Over a 40-year working career, a person with a postgraduate degree can expect to earn more than $3 million, and this is about $600,000 more than a person with a bachelor's degree will earn. Getting an advanced degree is no guarantee of additional income, but the likelihood of such a reality is high!
LEARNING OBJECTIVES
After reading this chapter, you should be able to:
Identify the key steps in successful career planning.
Analyze the financial and legal aspects of employment.
Practice effective employment search strategies.
WHAT DO YOU RECOMMEND?
Nicole Linkletter, age 21, expects to graduate next spring with a bachelor's degree in business administration. Nicole's grades are mostly As and Bs, and she has worked part time throughout her college career. Nicole is vice president of the Student Marketing Association on her campus. She would like to work in management or marketing for a medium- to large-size employer. Because she loves the outdoors, Nicole thinks she would prefer a job in the Northwest, perhaps in northern California, Oregon, or Washington.
What would you recommend to Nicole on the importance of career planning regarding:
1. Clarifying her values and lifestyle trade-offs?
2. Enhancing her career-related experiences before graduation?
3. Creating career plans and goals?
4. Understanding her work-style personality?
5. Identifying job opportunities?
You can control much of your financial future with effective career planning. A career is the lifework chosen by a person using his or her personal talent, education, and training. Career planning can help you identify an employment pathway that aligns your interests and abilities with the tasks and responsibilities expected by employers. Career planning has always been important, but with today's level of unemployment and slow economy, it is absolutely crucial. You must plan your career because failure awaits those who do not.
careerThe lifework chosen by a person to use personal talent, education, and training.
career planningCan help you identify an employment pathway that aligns your interests and abilities with the tasks and responsibilities expected by employers over your lifetime.
Your focus should not be simply a “job” but a career. The general progression of one's career will include a number of related jobs. Indeed, the average tenure at a job for U.S. workers is about three years. A career translates into a base of income, .
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2. Explore Options - Research potential career options that align with your profile and the current job market.
3. Build Job Search Strategies - Learn tips for an effective resume, interview preparation, and networking.
4. Keep a Positive Spirit - Maintain a growth mindset and focus on factors within your control during your job search.
5. Help is Always Available - Leverage government support programs for skills training, career coaching, and job placement
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Job Search 101
The document provides a guide to job searching in 6 steps:
1) Know yourself - understand your values, interests, personality and skills
2) Explore options - research job options that fit your profile
3) Build strategies - develop a personal brand, write an effective resume, and learn interview techniques
4) Connect with employers - understand how employers hire and network effectively
5) Keep a positive spirit - maintain a growth mindset and well-being during your search
6) Seek help - leverage government support programs to aid your search
Amanda
The document discusses what a business plan is and why it is important. It defines a business plan as a formal statement of business goals, reasons they are attainable, and the plan to reach those goals. A business plan also provides an overview of how a company will operate and grow. The document notes that a business plan contains elements like an executive summary, product description, management team, market analysis, marketing strategy, and financial projections. It explains that a business plan is a necessary tool that provides a blueprint for a business, helps ensure all involved are aligned, and helps develop a game plan and identify priorities and questions to answer. Developing a business plan can also help avoid big mistakes and help raise capital.
Head Hunter Guide To Small Business Hiring In 2016
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www.caribbeanheadhunters.com - This is a New Recruitment Site being Released on Monday Feb-15-2016 at 4:00 p.m.
FIA INSIGHT 1 Passion Article
This document outlines a 9 step "P Process" for financial planners to develop passion and professionalism in their work. The steps are: 1) Develop passion for financial planning and helping clients. 2) Identify your purpose in the profession. 3) Determine your optimal positioning and specialization. 4) Create a value proposition for clients. 5) Develop your personal brand. 6) Focus on building your practice. 7) Generate passive income streams. 8) Strive for professionalism through qualifications and ethics. 9) Work to establish financial planning as a full profession. Following this process can help practitioners find greater meaning and success in their careers.
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Career Possibilities
- 2. The New Job Cycle
- 3. The New Job Cycle
- 4. The New Job Cycle
- 5. The New Job Cycle
- 6. The New Job Cycle
- 7. The New Job Cycle
- 8. Average Job Length - 3 to 5 Years The New Job Cycle Limited Recovery of Savings for Retirement Fewer Salary Increases Lower Starting Salary Longer Duration Between Jobs Use of Retirement Funds . Need a PLAN B
- 12. Alternative Career Paths Entrepreneur Start Up Proven Business Systems Franchises, Licenses, dealerships Expenses Net Income .
- 13. Rescuing The American Dream Joe Tarshis Self Employment Specialist The Entrepreneur’s Source 203-364-8686 [email_address] .