Wednesday, August 31, 2011

9 Qualities That Will Rock Your Career

Success in life is always relative. Some people are happy with small achievements while there are others who won't be satisfied until mountains are moved.

Regardless of our ambitions, our career spans through a series of jobs and experiences that truly polish our personality and will. While we all have defining moments that will determine our core beliefs around hard work, persistence, determination, etc., these are all simply components of a greater foundation that defines 'you'. A rocking rise through corporate ranks involves a radical understanding and possible change in your attitude and behaviors.

There are millions of brilliant people who pursue aggressive career paths and have their sights set on great achievement. While their ability is nothing short of genius, many lack the soft skills that could put them over the top. These are the traits, qualities and understandings are what make good people great. Practical and time tested, mastering and practicing the following qualities will make if difficult for success to elude you.

  1. Out of Box Thinking
    Many dislike this term but the concept is for real. All it requires is thinking of problems though a different set of eyes, or different dimension. This is why many brainstorming sessions fail; most people sit and think of work problems in the context of what it means to the company, not the user, not the environment, etc. Sit back and try to solve the problem from the eyes of a 6 year old, turn things upside down, and absolutely challenge the norm. Go outside and sit in a subway station (or somewhere you generally don't sit to work) and think about why other solutions not worked? What has worked?

    Remember the best ideas come from people who are hands-on with their work. When everyone thinks and recommends a lackluster way, lackluster results will follow. Change your surroundings, change your views, change your thought process and come up with a killer idea!
  2. Taking Ownership
    When no one is willing to own it, be the first to grab the opportunity. A process involving various stakeholders normally loses vision and momentum. A process with a good leader, input from others, and true direction, has a much better chance of success. Be the person that jumps in and takes on a new project (just don't over-commit). An ability to own and work towards success is a skill which gives long lasting returns.
  3. Eagerness to Learn
    After a certain period, a job becomes monotonous and people become bored and eventually even lazy. They lose all the zeal to learn new things and although they won't admit this, their actions would make you believe they have thrown in the towel and are satisfied with a status quo life and career. If you really want to move ahead, don't get into this rut. Don't tune out.

    Always remain eager to learn; you never know what knowledge or capability will push you up in your career. Remember, you need an open mindset and positive attitude to approach work. If you are constantly learning, it will be tough to be or appear to be interested in mediocrity.
  4. An Eye for Detail
    If you are hands on with your work there is no reason why you won’t know the intricacies involved. Therefore, have the confidence needed to make difficult choices. When you master something and know the minute details, your logic and ideas will be highly regarded. While people love to argue, they get easily impressed by intelligent reasoning too.
  5. Willingness to Help
    Much of life is give and take. Work is no exception. If you are the person that is constantly stepping out of your comfort zone in order to help others, people (most) will return the favor when you ask. That's the key though, you have to be willing to help someone and not too proud to ask them for help when you need it.
  6. Networking
    Your network should never be restricted to people in your domain but it should span other departments too. Again, break away from comfort and get engaged with someone from a different department. When you sell yourself in the market, you need people who can vouch for you and the broader the network, the better. A strong network always gives you an upper hand, not only to receive but also influence the information flow.
  7. Solution Seeking Mindset
    People love to mention and talk about problems. However, when you ask for their solutions to those problems, they aren't willing to go on record with sweeping changes. The majority of employees lack an attitude to solve issues and love to keep them burning for long time, almost to encourage sympathy. It is these times that a positive mindset can send the right vibes across and can really give you a lot of attention. Don't avoid complainers, listen to them just long enough to hear the problem, then try to come up with a solution.
  8. Humility
    Arrogance has its own advantages but it never attracts more people than the magic done by humility. When you know your work and are humble about it than there is no reason that you would not get the desired appreciation. Humility needs to be pitched with much care lest it lets people take undue advantage of you. Strike the right balance and you would see its real magic.
  9. Being Practical
    Human beings are emotional and many fall for popular decisions. A practical decision made at right time with right attitude has the ability to shower you with long lasting fame. Remember, the people who are at the top are nothing but practical.
Source: dumblittleman

Monday, August 29, 2011

3 Tips for Asking Better Questions


For leaders to be effective, they need to connect honestly with others: investors, direct reports, fellow leaders. Asking good questions can not only help you find out essential information, but also lay the groundwork for collaboration. Often it's not about what you ask, but how. Here are three tips for improving the way you ask questions: 

Be curious. Executives who do all the talking are those who are deaf to the needs of others. Sadly, some managers feel that being the first and last person to speak is a sign of strength. In reality, though, it's the opposite. Such behavior is closer to that of a blowhard who may be insecure in his own abilities, but is certain of one thing — his own brilliance. Such an attitude cuts off information at its source, from the very people — employees, customers, vendors — whom you should trust the most. Being curious is essential to asking good questions. 

Be open-ended. Leaders should ask questions that get people to reveal not simply what happened, but also what they were thinking. Open-ended questions prevent you from making judgments based on assumptions, and can elicit some surprising answers. In his autobiography, talk show host Larry King recalls asking Martin Luther King, who had just been arrested for seeking to integrate a hotel in Florida, what he wanted. To which King replied, "My dignity." Using what, how and why questions encourages dialogue. 

Be engaged. When you ask questions, act like you care. Yes, act — show that you are interested with affirmative facial expressions and engaged body language. This sets up further conversation and gets the individual to reveal information that could be important. For example, if you are interviewing a job candidate you want to encourage him or her to talk about not only accomplishments but also setbacks. An interested interviewer will get the person to talk in depth about how he or she rebounded from failure. That trait is worthy of consideration in recruiting. But interviewees will only open open up — especially on sensitive subjects — if you actively show interest. 

Dig deeper. So often executives make the mistake of assuming all is well if they are not hearing bad news. Big mistake. It may mean employees are afraid to offer up anything but good news, even if it means stonewalling. So when information surfaces in your dialogue, dig for details without straying into recrimination. Get the whole story. Remember, problems on your team are, first and foremost, your problems.

Source: hbr.org

Friday, August 26, 2011

Job Interviews How to Give Job-Winning Answers to Interview Questions

Human Resources personnel, professional recruiters and various other career experts all agree: one of the best ways to prepare yourself for job interviews is to anticipate questions, develop your answers, and practice, practice, practice. 

There are plenty of websites that offer lists of popular job interview questions, and knowing the types of questions to expect can be very useful. But knowing how to answer those questions can mean the difference between getting the job and getting the "reject letter." 

job interviews

How to Answer Questions

First, know these important facts:
  • There is no way to predict every question you will be asked during a job interview. In other words, expect unexpected questions - they'll come up no matter how much preparation you do.
  • Treat any sample answers you find, such as in discussion forums, books or on Internet job sites, as guides only. Do not use any sample answers word for word! Interviewers can spot "canned" answers a mile away, and if they suspect you are regurgitating answers that are not your own, you can kiss that job goodbye. You must apply your own experiences, personality and style to answer the questions in your own way. This is crucial, and it will give you a big advantage over candidates who simply recite sample answers.
  • Job interview questions are not things to fear, they are opportunities to excel. They allow you to show why you are the best person for the job, so instead of dreading them, look forward to them! The key is to give better answers than anyone else, and that's where your preparation comes in.
Now, take these actions:
  1. Make a list of your best "selling points" for the position. What qualifications, skills, experience, knowledge, background, personality traits do you possess that would apply to this particular job? Write them down and look for opportunities to work them into your answers.
  2. In addition to any sample job interview questions you find through various resources, you absolutely must develop your own list of probable questions based specifically on the job for which you are applying. Put yourself in the hiring manager's shoes… what kinds of questions would you ask to find the best person for this job?
  3. Write down your answers to likely questions. Study the job announcement carefully. (If you don't have one, get one!) Note the phrases they use when describing the desired qualifications. You'll want to target these as much as possible when developing your answers. For example, if the announcement says they want someone with "strong customer service skills," make sure you include "strong customer service skills" in at least one of your answers. That will make a better impression than saying "I helped customers."
  4. Review and edit your answers until you feel they are "just right." Read them over and over until you are comfortable that you know them fairly well. Don't try to memorize them; don't worry about remembering every word. Practice saying them out loud. If possible, have a friend help you rehearse for the interview.
Here are some more very important tips:
  1. Be a (Short) Story Teller

    Make use of this old marketing tip: "Facts tell but stories sell." During a job interview, you are selling yourself. Whenever possible, answer questions with a short story that gives specific examples of your experiences. Notice I said "short." You don't want to ramble or take up too much time; you want to be brief but still make your point.

    For example, imagine two people interviewing for a job as a dog groomer are asked, "Have you ever dealt with aggressive dogs?" Candidate Joe answers, "Yes, about 10% of the dogs I've groomed had aggressive tendencies." Candidate Mary answers, "Oh yes, quite often. I remember one situation where a client brought in his Pit Bull, Chomper. He started growling at me the moment his owner left, and I could tell from his stance he wasn't about to let me get near his nails with my clippers. I think he would've torn my arm off if I hadn't used the Schweitzer Maneuver on him. That calmed him down right away and I didn't have any problems after that." (I know nothing about dog grooming; I made the Schweitzer Maneuver up for illustrative purposes.)

    Don't you agree that Mary's answer is better? Sure, Joe answered the question, but Mary did more than that--she gave a specific example and told a quick story that will be remembered by the interviewers.

    In today's job market where there are dozens of highly qualified candidates for each opening, anything you do that will make you stand out and be remembered will greatly increase your odds of getting hired.

  2. Keep the Interviewer's Perspective in Mind; Answer His "What's in it for Me?" Question

    While many questions asked during job interviews appear to focus on your past accomplishments, here's an important tip: they may be asking about what you did, but what they really want to know is what you can do now, for them.

    The key is to talk about your past accomplishments in a way that shows how they are relevant to the specific job for which you are interviewing. Doing advance research about the company (such as at their website or at www.hoovers.com) and the position will be extremely helpful.

    Here's another example with Joe and Mary. The interviewer asks, "What is the most difficult challenge you've faced, and how did you overcome it?" Joe answers with, "In one job I was delivering pizzas and I kept getting lost. By the time I'd find the address, the pizza would be cold, the customer would be unhappy, and my boss was ready to fire me. I overcame this problem by purchasing a GPS navigation device and installing it in my car. Now I never get lost!" Mary answers, "In my current job at Stylish Hounds, management ran a special promotion to increase the number of customers who use the dog-grooming service. It was a bit too successful because we suddenly had more customers than we could handle. Management would not hire additional groomers to help with the workload. Instead of turning customers away or significantly delaying their appointments, I devised a new grooming method that was twice as fast. Then I developed a new work schedule. Both efforts maximized productivity and we were able to handle the increased workload effectively without upsetting our customers."

    Joe's answer shows initiative and commitment (he bought that GPS gadget with his own money, after all). But Mary's answer relates specifically to the job they are applying for (dog groomer). And Mary had done research about the company and discovered it was about to significantly expand it's dog-grooming operations. So she picked an example from her past that addressed an issue the interviewer was likely to apply to a future situation in his company. See the difference?

    Here's one more example. Joe and Mary are asked, "What's your greatest accomplishment?" Joe answers, "I won two Olympic Gold Medals during the 2000 Olympics in the high-jump competition." Mary answers, "I was named Stylish Hounds's Dog Groomer of the Year in 2003 for increasing productivity in my section by 47%."

    Joe's accomplishment is pretty spectacular. But remember the interviewer's perspective. He might be impressed, but he's thinking "What's in it for me? What does being a world-class high-jumper four years ago have to do with helping me to increase sales in my dog-grooming department?" Mary's answer is much less spectacular than Joe's, but it's relevant to the position and indicates that she has what it takes to be successful in this particular job. It tells the interviewer, "I have what you're looking for; I can help you with your specific needs." Looks like Mary has a new job!

  3. Do Not Lie 

    Last but not least, tell the truth. It's sometimes very tempting to "alter" the truth a bit during a job interview. For instance, say you quit instead of being fired. But the risk of being discovered as a liar far outweighs the potential benefit of hiding the truth.

    If you are thinking about telling a lie during the interview, ask yourself these questions (this technique has helped me make many major decisions): "What is the best thing that could happen? What is the worst thing that could happen? Is the best thing worth risking the worst thing?" In this instance, the best thing would be getting the job. The worst thing would be getting discovered as a liar, which could lead to getting fired, which could lead to unemployment, which could lead to more job searching, which could lead to another interview, which could lead to the stress of deciding whether to lie about just getting fired, and so on a cycle that can go on indefinitely. Is all that worth getting the one job, perhaps on a temporary basis? Always consider the consequences of your actions.
In Summary, Here's What You Need To Do When Preparing To Answer Job Interview Questions:
  • Study the job announcement.
  • Research the company.
  • Anticipate likely questions.
  • Prepare answers to those relevant interview questions.
  • Promote your best "selling points"
  • Practice. Practice. Practice. 
Source: best-interview-strategies.com

Monday, August 22, 2011

Make Your Resume Stand Out with Tag

Need help landing a new job? Using a Tag could be the secret sauce that makes recruiters think your resume tastes great (metaphorically speaking). Using a 2D barcode (especially a colorful, customized Tag) can set it apart from the rest of the pile and help you rise above other hungry job-seekers in this tricky professional climate.

Graphic designers, social media pros, and digital media journalists alike can show off that they're tech-savvy – and give hiring managers more info than can fit on a single sheet of paper. A Tag on a resume could link to a bunch of things like:
  • A video of you explaining your capabilities (like this guy did) or demonstrating your acting or video-journalism chops
  • A graphic design portfolio or links to writing clips
  • Your personal website, with links to your LinkedIn account, blog, and other pages
Custom Tags can even incorporate your logo, initials, or other aspects of your personal brand. Giving HR staff a way to interact with you off the printed page could be what it takes to land you that awesome job. 
Source: tag.microsoft

Wednesday, August 17, 2011

99 Interview Tips That Will Actually Help You Get A Job!

Whether you have a big interview tomorrow, or are hoping to have one soon, you can gather several helpful interview tips from this article. Thanks a lot to author James Clear for providing valuable insight to landing a dream job! Enjoy!

 

I. Mindset and approach

 

1. It’s your job to sell yourself. If you don’t do it, then you can be sure that no one else will. Most of us understand this, but that doesn’t mean that we’re all comfortable with it. There is no need to bloat your accomplishments or make false claims, but there is every need to paint the best picture of yourself. If you’re feeling apprehensive about this idea, then remember: it’s not bragging if you did it.

2. Apply to fewer jobs. When you need a job, it’s easy to shotgun your resume in 100 different directions. And that is exactly why the stack of resumes is so high for that job you want. Everyone is sending out the same resume to every job they can find. Slow down. Focus on a few jobs that you actually want. Then tailor everything about your application to each specific job.

3. You’re interviewing them too. Your goal should be to find a job that you actually care about and a company that you want to be a part of. If you focus on jobs like that, then the interview will be much better. You’ll be genuinely engaged. You’ll ask more questions because you’re interested and not because “that’s what you’re supposed to do in an interview.” Plus — and here’s a crazy bonus — if you only apply to jobs that you look interesting, then you aren’t going to end up in a job that you never actually wanted. Sort of makes you wonder why you’re applying to a bunch of jobs that you aren’t going to enjoy, right?

4. Realize that some things are of minimal benefit. If you really wanted, you could write out a list of 1000 things to remember for a job interview. Of course, most of them wouldn’t really help you because some things just aren’t that important. Your focus should be on solving problems for the company, on proving why you’re the best candidate for the job, and on finding a culture and community that you naturally fit in with. If you do those three things, then you’ll find that the little things (like remembering to iron your shirt) are… well… little things.

5. Sometimes you may need to be persistent. If you want to make an impression, then you might have to find the courage to never say die. You might need to take ten people out to lunch before you find a contact that can help you. You might need to send a progress report to the recruiter every week for two months before they even care. You might need to start a project on the side and email a progress report to a recruiter every week for two months before they start to pay attention to you. You might need to ask one person to vouch for you. Then you might need to ask five more. Don’t lose hope and keep moving forward everyday. Keep walking and you’ll make it to the finish line.

II. How to prepare for an interview

 

6. If you want to be an exceptional candidate, then you need to do exceptional preparation. Preparation is the number one thing that will set you apart from other candidates. Want to be more impressive? Prepare more. If you are obsessed with preparing for every aspect of the interview, then you will be ready to crush it.

7. Know why you are applying for this job. Yes, you want a job so that you can pay for your lifestyle. But what are your underlying motivations? Why are you driven towards this job? Why are you passionate about this position? How do your values match the values you will need to do your job? This is a deep question and if you know the answer to it, then you will understand what drives a lot of the answers you will give during the interview. You’ll have a better idea of why you’re a good fit for the job … and that makes it easier for you to tell the recruiter why you’re a good candidate.

Monday, August 15, 2011

Five Lessons About How To Treat People

During our busy days,  we can sometimes forget how we treat people around us. These 5 lessons will remind us that we have a huge affect on other people's daily lives and everyone deserves a warm smile and a "hello".



1. First Important Lesson - "Know The Cleaning Lady"

During my second month of college, our professor gave us a pop quiz. I was a conscientious student and had breezed through the questions, until I read the last one: "What is the first name of the woman who cleans the school?"

Surely this was some kind of joke. I had seen the cleaning woman several times. She was tall, dark-haired and in her 50s, but how would I know her name? I handed in my paper, leaving the last question blank. Just before class ended, one student asked if the last question would count toward our quiz grade.

"Absolutely," said the professor. "In your careers, you will meet many people. All are significant. They deserve your attention and care, even if all you do is smile and say "hello."

I've never forgotten that lesson. I also learned her name was Dorothy.

2. Second Important Lesson - "Pickup In The Rain"


One night, at 11:30 p.m., an older African American woman was standing on the side of an Alabama highway trying to endure a lashing rainstorm. Her car had broken down and she desperately needed a ride. Soaking wet, she decided to flag down the next car.

A young white man stopped to help her, generally unheard of in those conflict-filled 1960s. The man took her to safety, helped her get assistance and put her into a taxicab.

She seemed to be in a big hurry, but wrote down his address and thanked him. Seven days went by and a knock came on the man's door. To his surprise, a giant console color TV was delivered to his home.

A special note was attached. It read: "Thank you so much for assisting me on the highway the other night. The rain drenched not only my clothes, but also my spirits. Then you came along. Because of you, I was able to make it to my dying husband's bedside just before he passed away. God bless you for helping me and unselfishly serving others."

Sincerely, Mrs. Nat King Cole.

3. Third Important Lesson - "Remember Those Who Serve"

In the days when an ice cream sundae cost much less, a 10 year-old boy entered a hotel coffee shop and sat at a table. A waitress put a glass of water in front of him. "How much is an ice cream sundae?" he asked. "50¢," replied the waitress.

The little boy pulled his hand out of his pocket and studied the coins in it.

"Well, how much is a plain dish of ice cream?" he inquired. By now more people were waiting for a table and the waitress was growing impatient. "35¢!" she brusquely replied.

The little boy again counted his coins. "I'll have the plain ice cream," he said. The waitress brought the ice cream, put the bill on the table and walked away. The boy finished the ice cream, paid the cashier and left.

When the waitress came back, she began to cry as she wiped down the table. There, placed neatly beside the empty dish, were two nickels and five pennies. You see, he couldn't have the sundae, because he had to have enough left to leave her a tip.

4. Fourth Important Lesson - "The Obstacles In Our Path"


In ancient times, a King had a boulder placed on a roadway. Then he hid himself and watched to see if anyone would remove the huge rock. Some of the king's wealthiest merchants and courtiers came by and simply walked around it. Many loudly blamed the King for not keeping the roads clear, but none did anything about getting the stone out of the way.

Then a peasant came along carrying a load of vegetables. Upon approaching the boulder, the peasant laid down his burden and tried to move the stone to the side of the road. After much pushing and straining, he finally succeeded. After the peasant picked up his load of vegetables, he noticed a purse lying in the road where the boulder had been. The purse contained many gold coins and a note from the King indicating that the gold was for the person who removed the boulder from the roadway. The peasant learned what many of us never understand - "Every obstacle presents an opportunity to improve our condition."

5. Fifth Important Lesson - "Giving When It Counts"

Many years ago, when I worked as a volunteer at a hospital, I got to know a little girl named Liz who was suffering from a rare and serious disease. Her only chance of recovery appeared to be a blood transfusion from her 5-year-old brother, who had miraculously survived the same disease and had developed the antibodies needed to combat the illness. The doctor explained the situation to her little brother, and asked the little boy if he would be willing to give his blood to his sister. I saw him hesitate for only a moment before taking a deep breath and saying, "Yes, I'll do it if it will save her."

As the transfusion progressed, he lay in bed next to his sister and smiled, as we all did, seeing the color returning to her cheeks. Then his face grew pale and his smile faded. He looked up at the doctor and asked with a trembling voice, "Will I start to die right away?".

Being young, the little boy had misunderstood the doctor; he thought he was going to have to give his sister all of his blood in order to save her.

Tuesday, August 9, 2011

5 Ways to Intern Like a Rock Star -- or at Least Work for One

If you're going to do an internship, or anything else for that matter, you might as well do it right -- there's more competition out there than ever, and every minute, every experience, counts. After all, it isn't just students who are doing internships these days -- but graduates who need more professional experience under their belts. And seasoned professionals who want to change careers are also going the internship route. That's a lot of competition.

Interning also has become so much more than just learning how to do a particular job. Many workers are now turning to internships to get the hands-on experience that they need, but also to make contacts among those who can help them get to the next level in their professional lives.

Will Sprayberry is one savvy worker who, while a student at SAE Instititute, where he studied creative media, interned at Doppler Studios. He not only interned like a rock star, but because of it, got to work with rock stars. The hands-on experience he enjoyed during his internship lead to working with celebrities including Ludacris, Usher, Mary J. Blige, Akon and Nelly.

How did he do that? Sprayberry offers the following tips:

1. Persistence pays off.

When looking for an internship, research positions that best suit your goals and apply early; this will show your punctuality and eagerness to learn. Keep in mind when applying, a "no" today does not necessarily mean "no" next month.

2. A schedule is a guideline.

While you may only be assigned to work certain hours, make it clear you're willing to come in early or stay late whenever needed. Make it evident your internship is your number one priority.

3. Dress to impress.

Take care to dress professionally. Dress for the position you want, not the position you have. This is a sure way to stand out, and make others take notice.

4. Be flexible.

As an intern, your technical abilities are important but so is your willingness to do everything else. Whether it's picking up coffee, mopping the floor or making copies, you should be willing to do it. Hard work isn't always glamorous, but it pays off.

5. Network, network, network.

Develop a solid professional relationship with your advisers during you internship. Use them as mentors and pick their brains about the industry you're interested in. When your internship ends, make sure to request a recommendation and make an effort to keep in touch with any connections you make.

Source:Aol Jobs

Thursday, August 4, 2011

6 Reasons Why People Are Afraid to Start a Business

Starting a new business can be a turbulent undertaking. For one thing, there are no guarantees of success. Businesses fail every single day, and plenty of entrepreneurs come away with nothing to show for months or years of hard-fought effort. The idea of sacrificing a steady salary for an uncertain, hoped-for payday also tends to provoke anxiety. 

While some are undeterred by these obstacles, others opt to play it safe and scrap their business plans altogether. Below are six of the most prevailing reasons why people are afraid to start businesses (and whether they make sense.)

1. The Economy
Some of the most common fears about starting businesses relate to how “the economy” is doing. If the economy is in a lull, many would be entrepreneurs assume that now must necessarily be the wrong time to get started. This belief is reinforced by nay-saying politicians and journalists who exaggerate even the very worst economic news.

Remember, though, that there is no single entity called “the economy.” What is loosely referred to as the economy is really just the vast, interconnected web of buyers and sellers accommodating each other through the market and price system. Moreover, there are two sides to every transaction. While some sectors of the economy may be hurting (such as finance and housing today), those on the other side of the affected transaction (like foreclosure specialists and storage facilities) could be thriving.

2. Uncertainty
Another fear that stops entrepreneurs from getting started is the uncertainty inherent in owning a business. Unlike a salaried job, business ownership provides no immediate or guaranteed pay. Income, if any, is commensurate with the company’s sales or profits. If you have grown accustomed to being paid on a regular schedule regardless of outcome, trading that in for the uncertainty of business ownership can feel like a leap of faith. It is entirely legitimate to wonder if your business will be capable of providing for you or your family.

That said, there is a flip side to the uncertainty. If and when your business does produce an income, no boss or employer can take it away. Never again will you have to plead for a raise or demonstrate why you “deserve” more. In business, your income is entirely determined by what you produce and/or sell.

3. Indecision
Others have reservations because they are undecided about what type of business to start. More often than not, these are people who know they want to be self-employed, but not in what capacity. This, too, can be a legitimate fear to have. If you currently work in a steady career, it is not enough to simply “go into business.” In order to credibly go off on your own, you must be confident about what kind of business you will open. You must also have the skills and expertise to succeed in that business.

Current or previous jobs are a good reference point. If you currently work for an accounting firm, starting your own is perfectly reasonable. Deciding to abruptly change course and buy an Alaskan crab fishing boat might warrant more scrutiny.

4. Debt
Debt can constitute a serious obstacle to entrepreneurship. If you are saddled with student loans or credit card bills, it will be difficult to obtain any start-up financing you might need. In severe instances (such as if your wages are being garnished), any income your business produces will go directly to your creditors anyway.

Needless to say, concern about your pre-existing debt is a completely defensible reason to fear starting a business. Rather than trying to juggle both at once, focus squarely on repaying all of your debts first. Once your financial slate is wiped clean, you can move on to business ownership with a clear mind.

5. Family Obligations
Financial concerns are not the only reason people fear starting businesses. The early years of a new company can be incredibly taxing, and some fear having little time to spend with their families. After all, everyone gets the same 24 hours in a day. There is only so much of yourself to go around, and if you’re putting in ten or twelve hour days at work, there is no way to also spend that time at home. (Unless you have a home office, that is.)

It may truthfully be that family time is a deal-breaker for you. On the other hand, don’t be too quick to relinquish your ambitions. Discuss with your spouse whether arrangements or sacrifices can be made for the early days of your company.

6. No Benefits
Finally, other would-be entrepreneurs worry about what losing benefits, such as employer-provided health insurance or 401(k) contributions, will do to their overall finances. This, too, is a serious concern worth addressing. Perhaps you or a family member has a long-standing health condition. In such a scenario, a sudden lack of coverage could prove devastating.

Not every situation is so dire, however. Retirement accounts (including IRAs, Solo 401(k)s and self-employed pensions) can be opened and funded on your own without the help of any employer. It may also be possible to form a pool with other entrepreneurs and buy health insurance at lower group rates, which is essentially how large employers buy it.


Monday, August 1, 2011

Get into ACTION: 77 Thoughts on Motivation

This great list is originally posted at dudye.com, enjoy!

You have a fire inside you, a frictional energy, read these thoughts, think about them and let them propel you into action.


1. “I paint very large pictures. I realize that historically the function of painting large pictures is painting something very grandiose and pompous. The reason I paint them, however – I think it applies to other painters I know – is precisely because I want to be very intimate and human. To paint a small picture is to place yourself outside your experience. However you paint the larger picture, you are in it.” - Mark Rothko
2. “Obstacles are those frightful things you see when you take your eyes off your goal.” - Henry Ford
3. “Only those who will risk going too far can possibly find out how far one can go.” -T.S. Eliot
4. “Great spirits have always encountered violent opposition from mediocre minds.” - Albert Einstein
5. “Knowing is not enough; we must apply. Willing is not enough; we must do.” - Goethe
6. “The best way out is always through.” - Robert Frost