Author's Perspective: There are hundreds of problems that we all face during our lives. Besides our health, one of the most significant problems that most of us face is associated with our finances -- keeping a job, finding a job, getting promoted, getting a raise, staying out of debt, buying a house, etc.
The key to dealing with financial problems is to be proactive -- to prevent financial problems by saving and investing, and being responsible with our money. Then, when a financial problem arises such as losing your job, you are somewhat prepared to handle it.
Financial Problems
Unless you were born with rich parents or somehow became a millionaire at a young age, then, you will struggle financially at one time or another during your life. The key is to be prepared when the struggle arises.
Note: Refer to the bottom of this page for specific information about growing and protecting your financial health, especially if you just lost your job or if you're still looking for a job.
Note: Refer to the bottom of this page for specific information about growing and protecting your financial health, especially if you just lost your job or if you're still looking for a job.
How to Solve Financial Problems
Approach the problem with clarity. Evaluate your entire situation so that you can see the big picture, be truthful, and determine your current financial state. This is the first and most important component to problem solving. While action and energy can often assist you in overcoming challenges, this effort is a waste if misguided or misplaced. The first step is always to approach any problem in a clear and logical manner, even if under time constraints or pressure.
Acquire the knowledge. Educate yourself to acquire the knowledge about finances, economics, budgeting, saving, investing, 401ks, mutual funds, mortgages, insurance scams, etc. Seek the knowledge in colleges, local community classes, research, seminars, workshops, etc. Seek further knowledge by reading multiple books with different philosophies. Remember: Knowledge is power.
Understand the problem. Now that you have the knowledge, you can better understand the problem! Many of us try to solve complex problems based on our limited understanding. As a result, we come up with a poor solution that doesn't work. Use your knowledge to break down the problem. What are the components of the problem? What aspects are vital to a solution and which are extraneous? Once you've broken down a problem into its vital aspects, sort through any cause and effect relationships or patterns and cycles at work. Basically, you want to have a good grasp of what is going on. Engineers know that the better you are able to define the problem, the easier it will be to find solutions.
Analyze the problem. Break the problem down into simpler components and conduct technical research into the cause and effect relationships that triggered the problem. Make sure that you have exhausted all possibilities. Engineers know that the better you are able to break down and analyze the problem, the easier it will be to evaluate solutions. If you find yourself struggling with understanding and analyzing the problem, you may need to acquire more knowledge. Don't be afraid to acquire more knowledge.
Plan a strategy. After you have a good grasp of the problem, begin to plan out a solution. In most cases this is a simple relationship of cause and effect. In dealing with a problem, you desire to achieve a particular result. Consider what steps must be taken to achieve said result, given the parameters posed by the problem. Engineers know that having a set of metrics to be able to measure success or failure is critical for this step.
Execute your strategy. Once you've outlined logical steps toward your desired result, execute! If you are dealing with an issue such that conditions change upon execution, don't be afraid to reevaluate your strategy. Is something going vastly awry? Approach any new developments in the same logical manner in which you approached the original problem. This is important! You must make a critical decision as to whether or not your plan warrants alteration. Remember, changes in parameters of the issue do not necessarily mean the steps you've outlined will fail! In addition, it is sometimes necessary to execute your original plan fully to gain more insight into the problem. Unless this is a one shot deal, trial-and-error is often an excellent approach. Track and record your results.
Evaluate the results. Upon seeing your plan through, evaluate the result. Optimally, you successfully tackled the dilemma. However, if the results you expect were not achieved, consider your approach. Was there an error in planning or execution? Did new parameters present themselves? Reevaluate in light of these discoveries and approach the problem again. Sometimes you can repeat your original plan if the error was in execution. However, if the parameters have changed then a new strategy is often necessary. Or, you may still need more knowledge, or the expertise of an outside party.
Continue to evaluate and execute. Several attempts may be necessary to solve the issue. Each time, however, keep in mind logic, clarity, focus and metrics. These are the elements that ultimately lead to resolution. Even if you are checked by failure, clear thinking usually leads to a successful resolution.
Perform a Lessons Learned. Once you have solved a problem, evaluate how you got into the problem in the first place; and, figure out how to avoid the problem in the future. Learn from your mistakes, otherwise, you'll repeat the same problem in the future.
What To Do When You Lose Your Job
Acquire the knowledge. Educate yourself to acquire the knowledge about finances, economics, budgeting, saving, investing, 401ks, mutual funds, mortgages, insurance scams, etc. Seek the knowledge in colleges, local community classes, research, seminars, workshops, etc. Seek further knowledge by reading multiple books with different philosophies. Remember: Knowledge is power.
Understand the problem. Now that you have the knowledge, you can better understand the problem! Many of us try to solve complex problems based on our limited understanding. As a result, we come up with a poor solution that doesn't work. Use your knowledge to break down the problem. What are the components of the problem? What aspects are vital to a solution and which are extraneous? Once you've broken down a problem into its vital aspects, sort through any cause and effect relationships or patterns and cycles at work. Basically, you want to have a good grasp of what is going on. Engineers know that the better you are able to define the problem, the easier it will be to find solutions.
Analyze the problem. Break the problem down into simpler components and conduct technical research into the cause and effect relationships that triggered the problem. Make sure that you have exhausted all possibilities. Engineers know that the better you are able to break down and analyze the problem, the easier it will be to evaluate solutions. If you find yourself struggling with understanding and analyzing the problem, you may need to acquire more knowledge. Don't be afraid to acquire more knowledge.
Plan a strategy. After you have a good grasp of the problem, begin to plan out a solution. In most cases this is a simple relationship of cause and effect. In dealing with a problem, you desire to achieve a particular result. Consider what steps must be taken to achieve said result, given the parameters posed by the problem. Engineers know that having a set of metrics to be able to measure success or failure is critical for this step.
Execute your strategy. Once you've outlined logical steps toward your desired result, execute! If you are dealing with an issue such that conditions change upon execution, don't be afraid to reevaluate your strategy. Is something going vastly awry? Approach any new developments in the same logical manner in which you approached the original problem. This is important! You must make a critical decision as to whether or not your plan warrants alteration. Remember, changes in parameters of the issue do not necessarily mean the steps you've outlined will fail! In addition, it is sometimes necessary to execute your original plan fully to gain more insight into the problem. Unless this is a one shot deal, trial-and-error is often an excellent approach. Track and record your results.
Evaluate the results. Upon seeing your plan through, evaluate the result. Optimally, you successfully tackled the dilemma. However, if the results you expect were not achieved, consider your approach. Was there an error in planning or execution? Did new parameters present themselves? Reevaluate in light of these discoveries and approach the problem again. Sometimes you can repeat your original plan if the error was in execution. However, if the parameters have changed then a new strategy is often necessary. Or, you may still need more knowledge, or the expertise of an outside party.
Continue to evaluate and execute. Several attempts may be necessary to solve the issue. Each time, however, keep in mind logic, clarity, focus and metrics. These are the elements that ultimately lead to resolution. Even if you are checked by failure, clear thinking usually leads to a successful resolution.
Perform a Lessons Learned. Once you have solved a problem, evaluate how you got into the problem in the first place; and, figure out how to avoid the problem in the future. Learn from your mistakes, otherwise, you'll repeat the same problem in the future.
What To Do When You Lose Your Job
If you've just lost your job or if you're still looking for a job, don't give up or lose hope. Keep looking -- you can't find a job if you stop looking or if you lose hope. Instead, clear your mind, be creative, and use the steps (above) to help find a job and solve your financial problems.
Here are some specific things that you can do if you've just lost your job or if you're still looking for a job:
Here are some specific things that you can do if you've just lost your job or if you're still looking for a job:
- Clear your mind.
- Energize your entire being with positive thoughts.
- Burn off any excess emotion or anxiety.
- If necessary, let out a good scream or have a good cry alone or with a friend or partner -- don't let the emotions build up. Don't feel ashamed.
- Negotiate for your severance package.
- Tie up loose ends and collect all compensation due from your job.
- Just before you leave, send out emails to people to let them know how to contact you (phone no./email).
- Apply for unemployment benefits asap.
- Create a home office -- treat it like a job.
- Explore freelance or part-time work options asap.
- Freelance, take on odd or part-time jobs while you search.
- Redo your budget, and cut your expenses. Stop spending.
- Prioritize your debts.
- Continue your health insurance if possible.
- Conserve your emergency fund as long as possible.
- Don't spend any of your 401k -- set up your own IRA account, and rollover your 401k to that account.
- Don't use credit cards (unless you absolutely have to).
- Watch the Suze Orman financial show (CNBC).
- Update your resume. Give your resume to everyone, even if they don't ask.
- Work your network.
- Search your company website and other company websites for possible jobs in other cities.
- Leverage online job resources, i.e. Monster.com, Job.com, Indeed.com, CareerBuilder, The Ladders, Executive Search Online.
- Submit resume to employer web sites; do mass mailing of resume to recruiters, companies.
- Cold call everyone you know and everyone they know.
- Post your profile and networking on LinkedIn.
- Evaluate your skill set, get new skills, consider new career options.
- Seek (emotional) support.
- Use yoga/meditation/jogging to reduce anxiety and stress.
- Think outside the box: be flexible, resourceful, practical.
- Go where the demand is for your skills.
- Look into alternatives for health insurance. Unless you can get on your spouse's insurance, or be covered by the Veterans Administration, your best bet may be continued coverage under COBRA (Consolidated Omnibus Budget Reconciliation Act). If COBRA is not an option for you, some professional organizations, alumni associations, universities, and local chambers of commerce sponsor group health insurance plans.
Here are a couple web links with a lot of good information:
Here are some other web links that may help:
What To Do Before You Lose Your Job
Warning! Don't become overly-secure with your job! Be proactive and be aware of what's going on with your company and the job market.
Given today's economy, you must be prepared for getting laid off and losing your job eventually. Many companies terminate employees at the end of the year during November and December.
Losing your job can be devastating for 2 reasons: (1) financial, due to the loss of income, and (2) emotional: due to the loss of friends. You can diminish the devastation of losing your job by being practical and proactive.
Given today's economy, you must be prepared for getting laid off and losing your job eventually. Many companies terminate employees at the end of the year during November and December.
Losing your job can be devastating for 2 reasons: (1) financial, due to the loss of income, and (2) emotional: due to the loss of friends. You can diminish the devastation of losing your job by being practical and proactive.
There are a lot of things that you can do or you should be doing long before you lose your job or get laid off:
- Make yourself indispensable at work.
- Acquire new skills and experiences to get that promotion or raise.
- Pay yourself first every pay period.
- Review your budget each month to identify areas where you can cut your expenses.
- Build up an emergency cash fund equal to 8 to 12 months of your take home pay.
- Contribute to your company's 401k.
- Contribute to a Roth IRA.
- Set up automatic withdrawals for savings, 401k, Roth IRA, investments, etc.
- Buy one car -- keep as long as possible.
- Avoid credit cards.
- If you use a credit card, pay off the balance at the end of the month.
- Reduce, avoid eating out especially at fast food places.
- Buy healthy foods, avoid/reduce buying processed foods from grocery-store.
- Maintain health insurance for you and your family.
- Avoid whole life insurance, get term life only.
- Delay having children until you can afford it. Each child costs a minimum of $100,000 to raise to the age of 18.
- Pay at least 20% down when buying a house.
- Get a 15-year mortgage, avoid 30-year mortgages.
- Don't loan money to family or friends -- unless you're willing to kiss the money goodbye, and you don't have any debt.
- Start your own home business in an area that you have skills and interest.
- Create a home office to start your home business.
- Explore freelance or part-time work.
- Keep your resume updated. Keep an eye out for new job opportunities.
- Post your profile and networking on LinkedIn.
- Evaluate your skill set, get new skills, consider new career options.
- Go where the demand is for your skills.
- Figure out your Purpose in Life.
- If you have a home business, set up your own blog or website, and use Facebook or YouTube to network.
- Stay focused with your family goals, health goals, and financial goals.
- Energize your entire being with positive thoughts every day.
- Use yoga/meditation/jogging to reduce anxiety and stress.
- Watch the Suze Orman financial show (CNBC).
- Read our web pages about wealth and health.
Here are some web links that may help:
How to Find a Job
Whether you're looking for your very first job, switching careers, or re-entering the job market after an extended absence, finding a job requires two main tasks: understanding yourself and understanding the job market. Presuming you've already chosen a career and are currently searching for jobs, here are several ways to actually get a job.
Network. The best companies to work for tend to rely heavily (up to 40%) on employee referrals. Make a list of all of your friends, relatives, and acquaintances. Call each one and ask them if they know of any openings that they could recommend you for. Don't be too humble or apologetic. Tell them what you've been looking for, but let them know that you're flexible and that if they have any suggestions, you're open to them. This is not the time to be picky about jobs; a connection can often get your foot in the door, and you can negotiate pay or switch positions later once you've gained experience and established your good reputation.
Network. The best companies to work for tend to rely heavily (up to 40%) on employee referrals. Make a list of all of your friends, relatives, and acquaintances. Call each one and ask them if they know of any openings that they could recommend you for. Don't be too humble or apologetic. Tell them what you've been looking for, but let them know that you're flexible and that if they have any suggestions, you're open to them. This is not the time to be picky about jobs; a connection can often get your foot in the door, and you can negotiate pay or switch positions later once you've gained experience and established your good reputation.
Touch base with all of your references. The purpose of this is twofold. You can ask them for leads and you'll also be refreshing their memory of you in their mind. (Hopefully their memory of you is a good one, or else you shouldn't be putting them down as a reference.) If a potential employer calls them, they won't hesitate as much when remembering who you are.
Make a list of work-related skills you'd like to learn. Your employer will be interested in hearing about how you intend to become a better employee. Think about which skills will make you more competent in the position you're applying for. Public speaking, project management, team leading, and computer programs are usually beneficial. Find some books and upcoming conferences that would significantly improve your abilities. In an interview, tell the employer what you're reading and learning, and that you'd like to continue doing so. This is a list of the 7 most important job skills, wanted by employers, that a job seeker must have to be sure of landing a good job and just as importantly, keeping it.
Make a list of work-related skills you'd like to learn. Your employer will be interested in hearing about how you intend to become a better employee. Think about which skills will make you more competent in the position you're applying for. Public speaking, project management, team leading, and computer programs are usually beneficial. Find some books and upcoming conferences that would significantly improve your abilities. In an interview, tell the employer what you're reading and learning, and that you'd like to continue doing so. This is a list of the 7 most important job skills, wanted by employers, that a job seeker must have to be sure of landing a good job and just as importantly, keeping it.
- The ability to find relevant information: Research Skill Job seekers should possess the ability to systematically find relevant information through research not because they want a research job, but in order to do effective searches for the data needed by a particular activity.
- Logical thinking: Information Handling. Most businesses regard the ability to handle and organize information to produce effective solutions as one of the top skills employers want. The ability to make sensible solutions regarding a spending proposal or an internal activity is valued.
- IT Skill: Technological Ability Most job openings will require people who are IT or computer literate or know how to operate different machines and office equipment, whether a PC or multi-function copier and scanner. This doesn't mean that employers need people who are technology graduates. The simple fact that job seekers know the basic principles of using the technology is sufficient.
- Getting your words understood: Communication Skills Employers tend to value and hire people who are able to express their thoughts efficiently through verbal and written communication. People who land a good job easily are usually those who are adept in speaking and writing.
- Efficiency: Organizational Skills Organization is extremely important to maintain a harmonious working relationship in the company and the opposite, disorganization costs money. Hence, most employers want people who know how to arrange their work through methods that maintain orderliness in the workplace.
- Getting along with others: Interpersonal Skill Because the working environment consists of various kinds of personalities and people with different backgrounds, it is essential to possess the skill of communicating and working with people from different walks of life.
- Career Advancement: Professional Growth Employers prefer to hire people who are able to create a plan that will generate maximum personal and career growth. This means that you are willing to improve yourself professionally by learning new skills to keep up with developments in the workplace. These are just some of the top skills employers want. Take note of these skills which demonstrate how to get the job and be successful in your every job seeking endeavor.
Develop your personal elevator pitch. Many structured interviews, particularly those at large companies, start with a question like "tell me about yourself." The interviewer doesn't really want you to go back to grade school and talk about your childhood. This is a specific question with a specific answer...in two minutes or so, the interviewer wants to get you to relax and loosen out your vocal cords, understand your background, your accomplishments, why you want to work at XYZ company and what your future goals are.
Prepare for a behavioral interview. You might be asked to describe problems you've encountered in the past and how you handled them, or you'll be given a hypothetical situation and asked what you would do. They'll basically want to know how you'll perform when faced with obstacles in the position you're interviewing for. Be able to give honest, detailed examples from your past, even if the question is hypothetical (e.g. "I would contact the customer directly, based on my past experience in a different situation in which the customer was very pleased to receive a phone call from the supervisor"). You might find yourself listing facts--if so, remember that in this kind of interview, you need to tell a story. Some questions you might be asked are:
- "Describe a time you had to work with someone you didn't like."
- Tell me about a time when you had to stick by a decision you had made, even though it made you very unpopular."
- "Give us an example of something particularly innovative that you have done that made a difference in the workplace."
- "How would you handle an employee who's consistently late?"
Settle down. If you've moved around a lot, be prepared to offer a good reason for it. Otherwise, you'll need to make a good case for why you want to stick around in the area where the job is located. A company doesn't want to hire someone with wanderlust who still wants to relocate. Be prepared to outline why you are where you are today, how long you intend to stay there, and why. Give specific reasons like "This county has the best school systems in the entire state, and I have a daughter who might find the cure for cancer" or "I was drawn to this area because it's at the cutting edge of innovation for this business and I want to be a part of that." The more details, names, and specifics, the better.
Cold call. Locate a specific person who can help you (usually the human resources or hiring manager at a company or organization you're interested in). Call that person and ask if they are hiring, but do not become discouraged if they are not. Ask what kind of qualifications they look for or if they have apprentice or government sponsored work programs. Ask if you can send your resume indicating what field you want to go into. Indicate whether you would accept a lesser job and work up.
Note: Reflect after each phone call on what went well and what did not. You may need to write out some standard answers on your list of skills so you can speak fluently. You may need to get some additional training to break into your chosen field. None of this means you cannot get a good job, only that you need to become further prepared to do so.
Change your attitude. There's a difference between making phone calls and going to interviews thinking "I'm looking for a job" versus "I'm here to do the work you need to have done". When you're looking to get a job, you're expecting someone to give something to you, so you focus on impressing them. Yes, it's important to make a good impression, but it's even more important to demonstrate your desire and ability to help. Everything that you write and say should be preceded silently by the statement "This is how I can help your business succeed."
Fit the job to the skills rather than the other way around. Many people search for jobs, then try to see how they can "tweak" the way they present their own skills and experiences to fit the job description. Instead, try something different. Make a list of all of your skills, determine which kinds of businesses and industries need them most (ask around for advice if you need to) and find businesses that will benefit from having you and your skills around. It's important the nature of the job fits your personality and salary requirements, otherwise you'll have spent a significant amount of time to find a day job you dread getting up for every morning.
Credit History. According to Suze Orman, companies are now reviewing your credit history to see how responsible you are with your bills. So, don't try to hide anything from the job interviewer if you've had some problems with your creditors. And, be prepared to answer openly and honestly.
Tips:
- The surest way to obtaining employment is to stop complaining about no work, get off the couch and go knock on doors with resume in hand. If you do that all day, every day, you will then be choosing which job you are willing to take. This tactic is independent of any economic times. They don't call them go-getters for nothing. Anything less than that and you're hoping someone feels sorry for you.
- Specify your resume to a specific job offering: Remove items which are less specific to the talents the job calls for
- Realize that you may have to work your way up. For example, if you want to become an apparel buyer, work for a company that manufactures or sells such goods.
- Remember you are doing some HR workers a favor when you present yourself and they do not have to go out and find workers like you.
- One option is to be self-employed or an entrepreneur, in which case your task is not so much to find and get a job, but to create a job. Most people who work for themselves, however, often started off with a "day job" that paid the bills until their preferred income source could take over.
- Be willing to spend some time learning about the job and the people that work there, maybe they like turkey sandwiches, bring them one, you could get a promotion to a better starting position.
- Of course, it's not everything, but it is best to dress appropriately to create the right impression.
- Use placement agencies. They sometimes keep a good chunk of your income for themselves, but they can get you decent placements, so you can improve that resume. Never go to just one agency. Always go to as many as possible. It is easy and it increases your chances a lot!
- Treat your search as a full time exercise: the job of getting a job. You are employed by yourself as a sales person/marketing person selling the product you.
- If you're doing a thorough job search, you will get rejected sometimes. If you're not getting rejected, you're not putting yourself out there enough. And if you don't learn to see rejection as a chance to improve your approach, then you'll have a very difficult time getting a job.
Note: Here are some web sites with more ideas to help you find a job:
Job Search Ideas
If you are getting ready for a job search during troubled times, here are some tips to get you started.1. Take a closer look at industry data. Research industries and job sectors that are experiencing worker shortages or still experiencing job growth. These are the areas where you may want to focus your search.
2. Freshen up your skills. Don't give an employer a reason to pass you over because you don't know the basics. Everyone should know basic office skills like Microsoft PowerPoint and Excel. Since these are skills you can teach yourself from the Internet or a library book, there are no excuses for not having them.
Another alternative is CBInstitute.com, which offers easy-to-use online courses at all levels, including business etiquette, project management, foreign languages and typing. You can take courses at times that are convenient for you, so no matter how little time you have to invest, you can make it work. At the same time, the courses are affordable and reasonably priced.
Also, brush up your sales skills (persuasion, negotiating and influencing) even if you aren't in the sales industry. You need to sell your best product, which is you, so make sure your personal pitch is relevant, timely and effective, she asserts.
3. Try part-time or freelance work. Rather than one 'job,' think in terms of multiple positions. Breaking in [to a new job] may be easier if you aim for part-time work within a company. Line up multiple part-time positions and you'll benefit from more job security; if one position evaporates, you have the others to fall back on. Moreover, it will pad your résumé and your wallet.
Consider job sharing or taking over for someone on maternity leave or during the holiday crunch. A lot of people don't want to commit full-time skills to a part-time or temporary gig. In this economy though, it can allow you to not only try on a job for size, but to also improve your skills, impress a potential long-term employer and network like crazy with people in your chosen industry. "Instead of nervously waiting for the right full-time career, you can potentially make something better happen in the short term.
4. Rev up your social networking. Gone are the days of peddling your résumé at anonymous networking events with watered-down drinks and goofy nametags. Now you can have countless opportunities with a few keystrokes and a couple of mouse clicks.
Sure you've received those requests to join LinkedIn and BrightFuse, and you certainly use Facebook daily. But now is the time to really take advantage of the network you've probably casually built over the years.
Networking is easier than in years past because of the easy access to your network and those of your friends and colleagues. Now you can go onto [social networking] sites and see who in your network knows someone at a company that you might be interested in working for. You can then ask them to make an introduction on your behalf.
5. Think in terms of results. In today's recessionary environment, the single most important thing that a job seeker can do to advance his or her career is to demonstrate how they can build value for a company.
As we all know, past behavior is indicative of future behavior, so if you've been successful in growing sales, slashing overhead costs, improving profit margins on specific products, capturing new clients, etc., then clearly and prominently position those achievements within your résumé and other job search communications.
6. Role play. Practice your answers to interview questions -- especially the one that explains why you aren't working. If you were fired, or part of a layoff, you most likely are struggling to deal with this adversity. Role play with someone so you can get comfortable with your answer.
Confidence is key. You'll need to be able to explain the situation in a way that is authentic and sincere without sounding bitter or defeated. Try to stay positive and share what you've learned from the experience -- employers hire folks with good attitudes and the ability to handle adversity.
7. Polish your brand and market it. How you choose to market yourself will directly impact how long it will take to find a new job. Identify your strengths and put together the best possible personal brand. You can do this with a flawless résumé, customized and compelling cover letters, and articulate and engaging networking.
Searching for a job is the same in any type of market. You should be prepared, professional and do the work for the interviewer. Don't make them guess or imagine how you could fit in -- that is your job. If you can't make yourself relevant, your résumé will quickly be on the bottom of the pile.
8. Find opportunity in your current position. New skills can come from a small part of your job that you most enjoy doing. Ask your current employer to send you to a conference, pay membership dues or join an association.
You can also leverage dreaded tasks by seeking out ones that match a future interest. If you dream of running a nonprofit but are an operations manager, volunteer to run the community day for your company. A former law colleague is now the head of PR for a botanic garden because she leveraged her hobby.
9. Be realistic. Get real about the time it will take to find a new job. In this current job market, expect it to take at least three months to find a job that pays $40,000. Add one month for every $10,000 more you want in salary.
[Back to Top]
Job Interview Tips: How to Nail That Job
Dress nice. Be on time. Remember to breathe. While these are all great tips for your job interview, there’s so much more to know. You need to be prepared if you really want that new position. Whether you’re new to the workforce or are switching jobs after many years, it’s time to brush up on your job interview skills. Plus: Do you make a good first impression?
Preparing for a job interview begins with doing your homework. You applied for that job for a reason, so make sure you leave your interviewer with no doubt in his or her mind as to why you want it.
First, obtain any information you can about the job description, application process, salary and benefits, etc. Often the human resources department can help you with that, so don’t be afraid to call or shoot over an email.
Then get online or to your local library and read up on the company, its history, the industry, the company’s competition, and the employers, especially the interviewer, if possible. It might sound like a lot of research for a job you may not even end up getting, but it’s worth it. You’ll let the interviewer know just how serious you are about the position you’re vying for.
Preparing for a job interview begins with doing your homework. You applied for that job for a reason, so make sure you leave your interviewer with no doubt in his or her mind as to why you want it.
First, obtain any information you can about the job description, application process, salary and benefits, etc. Often the human resources department can help you with that, so don’t be afraid to call or shoot over an email.
Then get online or to your local library and read up on the company, its history, the industry, the company’s competition, and the employers, especially the interviewer, if possible. It might sound like a lot of research for a job you may not even end up getting, but it’s worth it. You’ll let the interviewer know just how serious you are about the position you’re vying for.
Don’t forget to bring extra copies of your resume and, if appropriate, a portfolio of your work (but wait for the interviewer to ask for it). The more prepared you are, the less anxious or nervous you’ll feel.
The First Impression
Like it or not, job interviewers can usually tell whether or not you are an ideal candidate for the job within the first minute.
It’s called the first impression, and it means your personal appearance, outfit, facial expressions, and body language can all make or break it for you.
Always dress for success. Choose a nice pant or skirt suit, even if the position you’re applying for is casual. Lay low on heavy cologne, perfume and makeup.
And whatever you do, don't be late! MapQuest the directions, or if you’re prone to getting lost, do a test-run to the interview site the day before. Plan to be 15-20 minutes early to fill out any applications or paperwork before the actual interview begins.
The First Impression
Like it or not, job interviewers can usually tell whether or not you are an ideal candidate for the job within the first minute.
It’s called the first impression, and it means your personal appearance, outfit, facial expressions, and body language can all make or break it for you.
Always dress for success. Choose a nice pant or skirt suit, even if the position you’re applying for is casual. Lay low on heavy cologne, perfume and makeup.
And whatever you do, don't be late! MapQuest the directions, or if you’re prone to getting lost, do a test-run to the interview site the day before. Plan to be 15-20 minutes early to fill out any applications or paperwork before the actual interview begins.
To make a great first impression, take a deep breath and put on a smile. Walk in with confidence, but not cockiness, give a firm handshake, introduce yourself in a pleasurable tone of voice, make eye contact, sit up straight, and show your enthusiasm.
Common Questions
Every company has specific interview questions they like to ask job candidates. How you prepare for those questions can either land you the job, or sink your battleship. Here is a sample of list of possible job interview queries:
"Tell me about yourself."
"Why do you want to work here?"
"Describe a bad situation and how you dealt with it."
"Why should we hire you?"
"How well do you work with others?"
"What are your strengths and weaknesses?"
"Where do you see yourself in several years?"
Common Questions
Every company has specific interview questions they like to ask job candidates. How you prepare for those questions can either land you the job, or sink your battleship. Here is a sample of list of possible job interview queries:
"Tell me about yourself."
"Why do you want to work here?"
"Describe a bad situation and how you dealt with it."
"Why should we hire you?"
"How well do you work with others?"
"What are your strengths and weaknesses?"
"Where do you see yourself in several years?"
While you probably assume you could talk your way through any question, it’s not as easy when you’re actually put on the spot. Ask yourself one of these questions out loud.
Did your answer just come out the way you’d want it to in an interview? More likely than not, you’ll need to practice your answers, and maybe even do a little soul-searching.
When considering how you’ll answer common interview questions, think in terms of the job and the company, not your personal life. Your interviewer doesn’t want to know that you see yourself married with a family in five years or how you dealt with a meddling in-law. He or she is looking for job-specifics.
Also, keep your answers less than 60 seconds. It’s helpful if you write down your responses and practice answering them to yourself or to a friend or family member beforehand.
Did your answer just come out the way you’d want it to in an interview? More likely than not, you’ll need to practice your answers, and maybe even do a little soul-searching.
When considering how you’ll answer common interview questions, think in terms of the job and the company, not your personal life. Your interviewer doesn’t want to know that you see yourself married with a family in five years or how you dealt with a meddling in-law. He or she is looking for job-specifics.
Also, keep your answers less than 60 seconds. It’s helpful if you write down your responses and practice answering them to yourself or to a friend or family member beforehand.
Just be careful not to sound like you’re reciting them; take a moment to really consider the question and collect your thoughts before answering.
Turn Negatives into Positives
Interviewees often trap themselves by answering an interview question with a negative response. For example, a question like “Why did you leave your old company?” can turn into a five minute rant about the horrible ways you think your boss tried to sabotage you.
Even if your boss was a jerk, the interviewer will not be impressed by your bad-mouthing him or her.
To answer the boss question, be diplomatic. Never show disdain for your old boss, coworker or company. Your interviewer might think you were actually part of the problem because of your negativity.
Turn Negatives into Positives
Interviewees often trap themselves by answering an interview question with a negative response. For example, a question like “Why did you leave your old company?” can turn into a five minute rant about the horrible ways you think your boss tried to sabotage you.
Even if your boss was a jerk, the interviewer will not be impressed by your bad-mouthing him or her.
To answer the boss question, be diplomatic. Never show disdain for your old boss, coworker or company. Your interviewer might think you were actually part of the problem because of your negativity.
If the interviewer asks if you have a certain skill, never reply with “No, I don’t, I’ve never had to do that before.” With questions that have a potential negative answer, spin it into something positive.
If you don’t have a certain skill set, it’s always appropriate to say, “But I’m willing to take a night class or stay late after work to learn.”
Ask Not What the Company Can Do For You…
…ask what you can do for the company. A common mistake interviewees make is trying too hard to sell themselves. Don’t go into an interview with the mindset that you’re doing them a favor if they hire you.
When asked, “Why should we hire you?” don’t just blindly rattle off all of your personal and professional achievements. Instead, relate those accomplishments to how they will contribute to bettering their company.
If you don’t have a certain skill set, it’s always appropriate to say, “But I’m willing to take a night class or stay late after work to learn.”
Ask Not What the Company Can Do For You…
…ask what you can do for the company. A common mistake interviewees make is trying too hard to sell themselves. Don’t go into an interview with the mindset that you’re doing them a favor if they hire you.
When asked, “Why should we hire you?” don’t just blindly rattle off all of your personal and professional achievements. Instead, relate those accomplishments to how they will contribute to bettering their company.
Show Me the Money
To negotiate a salary, don’t walk into an interview announcing you’ll take nothing less than double the figure they’re offering. Familiarize yourself with the rules for negotiating this often touchy subject.
First, find out what kind of salary people in your same field are making. And remember, geography does play a role in how much you can expect to make. Cost of living can range widely from city to city and state to state.
Next, have a flexible salary range in mind, starting with what would be the very minimum you can accept to what may be a long shot. What you currently make doesn’t have much bearing on the job you’re interviewing for, unless you’ve applied for an entry-level position.
Your interviewer will assume you’re looking for a higher salary, and if you know you’re qualified, go for what you’re worth!
To negotiate a salary, don’t walk into an interview announcing you’ll take nothing less than double the figure they’re offering. Familiarize yourself with the rules for negotiating this often touchy subject.
First, find out what kind of salary people in your same field are making. And remember, geography does play a role in how much you can expect to make. Cost of living can range widely from city to city and state to state.
Next, have a flexible salary range in mind, starting with what would be the very minimum you can accept to what may be a long shot. What you currently make doesn’t have much bearing on the job you’re interviewing for, unless you’ve applied for an entry-level position.
Your interviewer will assume you’re looking for a higher salary, and if you know you’re qualified, go for what you’re worth!
Never bring up the subject of money until the interviewer does. Once the topic is on the table, and you’re sure you have all of the information you need about the job, give a range and mention that it’s the total compensation package you’re more concerned with.
Avoid bringing up salary questions at the end of the interview when the interviewer asks you if you have any more questions. Instead, end your interview by asking about anything you’re unclear on.
Don’t forget to thank your interviewer for his or her time. Take the initiative and let the interviewer know that you’ll follow up with him or her after the interview is over.
And don’t forget to send a thank you note that reiterates your interest in the position. You’d be surprised at how well this small gesture works.
Dealing with the Job Interviewer
You finally found a job or through a recommendation from a friend that sounds like a perfect fit for you. But before you move into that cubicle or corner office, you have to conquer the job interview.
There’s little more nerve-wracking than a job interview – you have to be the best version of you that you can be, and that means lots of preparation. And while you may have your resume perfected and answers rehearsed in your head, you might be forgetting one important element of a job interview – connecting with the interviewer.
Read the following to find out how to build a relationship with an interviewer to maximize your chances as a candidate.
To make a great first impression, walk in with confidence, but not cockiness, give a firm handshake, introduce yourself in a pleasurable tone of voice, make eye contact, sit up straight, show your enthusiasm and take a deep breath!
Avoid bringing up salary questions at the end of the interview when the interviewer asks you if you have any more questions. Instead, end your interview by asking about anything you’re unclear on.
Don’t forget to thank your interviewer for his or her time. Take the initiative and let the interviewer know that you’ll follow up with him or her after the interview is over.
And don’t forget to send a thank you note that reiterates your interest in the position. You’d be surprised at how well this small gesture works.
Dealing with the Job Interviewer
You finally found a job or through a recommendation from a friend that sounds like a perfect fit for you. But before you move into that cubicle or corner office, you have to conquer the job interview.
There’s little more nerve-wracking than a job interview – you have to be the best version of you that you can be, and that means lots of preparation. And while you may have your resume perfected and answers rehearsed in your head, you might be forgetting one important element of a job interview – connecting with the interviewer.
Read the following to find out how to build a relationship with an interviewer to maximize your chances as a candidate.
The First Impression
Like it or not, job interviewers can usually tell whether or not you are an ideal candidate for the job within the first minute.
It’s called the first impression, and your personal appearance, outfit, facial expressions and body language can make or break you.
To make a great first impression, walk in with confidence, but not cockiness, give a firm handshake, introduce yourself in a pleasurable tone of voice, make eye contact, sit up straight, show your enthusiasm and take a deep breath!
Always dress for success with a nice pant or skirt suit, even if the position or job is causal, and lay low on heavy cologne, perfume and makeup.
And whatever you do, don't be late!
And whatever you do, don't be late!
Building Rapport
Doing business is a lot about building rapport, and building rapport with a job interviewer is equally as important.
Studies show that job interviewers tend to hire candidates based on whether or not they are like them, as well as whether or not they seem like a match for the company culture.
This is a good secret to be in on in order to maximize your hiring power.
The trick is to emphasize the similarities between yourself and the interviewer.
Take notice of the way they speak and what kind of vocabulary and phrases they use, as well as their expressions and seating position.
While subtle mimicking can unconsciously go a long way, don’t forget to be yourself and infuse your own unique personality.
Second Interview Tips
You've done it! You passed the first interview with flying colors and you just got a call to schedule a second interview. What happens next? How can you use a second interview as a means to get a job offer? It's important to be aware that the company is seriously interested in you, or they wouldn't have called. You are definitely in contention for the job!
Here are suggestions on how to use your second job interview to help secure an offer.
Get the Agenda
Sometimes, a second interview can be a day-long interview. You may meet with management, staff members, executives, and other company employees. Ask the person who scheduled the interview for an itinerary, so, you know upfront what to expect.
For example, at Microsoft the second interview process involves meeting with people from different product groups. Candidates usually meet with four or five people who are geared to provide an idea of what it's really like to work for Microsoft.
Review Interview Questions and Answers
You may be asked the same questions you were asked during the first interview. So, review the questions you will be asked and brush up your responses.
Also review additional questions you may be asked during a second round interview and have another set of interview questions ready to ask the employer.
Like the first time around, it's good to take some time to practice interviewing, so, you are comfortable with your answers.
Second Interview Questions
During a second interview, you will also be asked more specific interview questions about the job, the company, your ability to perform in the job and how your skills and abilities translate into what the company is seeking in the person they are going to hire.
Second Interview Questions may include:
What challenges are you looking for in a position?
Why do you want this job?
Why are you the best person for the job?
What applicable experience do you have?
Why are you interested in working for this company?
What can you do for this company if we hire you?
What can you contribute to this company?
What do you know about this company?
Why do you want to work for this company?
Why should we hire you? -
What are your salary requirements?
Questions about your career goals.
Company and Job Specific Interview Questions
Depending on the type of position you're interviewing for, you'll be asked questions that will require detailed responses. For example, if you are interviewing for a sales job, you'll be asked interview questions about your sales achievements. It's important to be clear about how you can help the company and how you will grow sales and market share. For these type questions, you'll need to tailor your responses to reflect the company's products, services, and goals.
The best way to prepare to answer questions about how you will perform is to learn as much as you can about the job and the company. The more you know, the easier it will be to relate your skills to the company's needs.
Check out the company's web site, Facebook page, Twitter feed, and LinkedIn page. Check Google news for the latest information about the company. Talk to your connections, if you have them, at the company to get as much insider information as possible.
Make a Match
Review the job posting you applied for and other company job listings. You will get a good idea of what the company wants from the people they hire from reviewing the job descriptions. Make a list of how you match what the company is looking for and use that information when you respond to interview questions.
You goal is to convince the company that you are the candidate who can help them reach their goals and if you provide actionable information in your responses, you'll be well positioned.
In addition, review behavioral interview questions and answers because they are designed to elicit responses that include specific examples of how you achieved results.
Give Consistent Responses
Remember to be consistent. Your interviewers are going to compare notes, so it is important that what you tell one interviewer matches what you tell you the others. Take the time to review your resume ahead of time and take notes after your first interview so you remember what you said the first time around.
Second Interview Questions to Ask the Employer
It's important to have questions ready to ask the interviewer and since you don't want to repeat what you asked in the first interview, have a different set of interview questions ready to ask during your second interview. Here are examples of questions to ask the employer during a second job interview.
Job Interview Tips
Just because you've been invited for a second interview, don't think it's a done deal and you're going to get the job. In this competitive job market, most employers conduct second interviews and sometimes even third and fourth interviews.
Prepare carefully for each and every interview to enhance your prospects of turning your interview into job offer.
Remember: When you get an email or call to schedule a second interview, it's just as important to take the time to prepare for this interview as it was for your first one.
Dress Professionally
Even if the workplace is casual, until you get the job, you will want to dress in your best interview attire, unless you are told otherwise. If the person scheduling the interview mentions dressing down, business casual attire would typically be most appropriate.
Lunch / Dinner Interviews
When you are scheduled for a full-day of interviewing, lunch and/or dinner may be included on the agenda. Dining with a prospective employee allows the company to review your communication and interpersonal skills, as well as your table manners. It's important to dine carefully. The last thing you want to do is spill your drink (non-alcoholic, of course) or slop food all over the table. Order appropriately and brush up on your dining skills, and your manners.
What You Didn't Say
Was there something you thought you should have mentioned during your first interview? Or was there a question you had difficulty with? The second interview will provide you with the opportunity to expand upon your responses from the first interview. Review the notes you took during the first interview, to see what you might have missed talking about and what you can clarify or add.
Ask Questions
When you're invited to interview a second time, the chances are good that you are in contention for the position. It's appropriate to ask for a copy of the job description to review, as well as to ask about the organization structure and how you will fit in.
Is There a Fit?
Sometimes, whether a particular job is a good fit is hard to define. I've been in a position where I had an uneasy feeling that I really didn't want the job. It wasn't anything I could pinpoint specifically, but, it was there. If a voice is telling you you're that you are not sure about this job, listen to it. You don't have to turn down the job, but, you can ask for additional meetings with staff, especially the people you are going to be working with, to make sure the job is a good fit for you.
If You Get a Job Offer?
In some cases, you may be offered a job on the spot. You don't have to say yes, or no, immediately. It actually makes sense not to say yes right away, unless you are 110% sure that you want the job. Everything may seem perfect while you're there, but, once you have a chance to mull over the offer, and the company, it may not seem as wonderful. Ask for some time to think it over and ask when the company needs a decision by.
Say Thank You
You have, I hope, already sent a thank note to the people you interviewed with the first time. Again, take the time to send a thank you letter (email is fine) to everyone you met with and reiterate your interest in the company and in the position.
The trick is to emphasize the similarities between yourself and the interviewer.
Take notice of the way they speak and what kind of vocabulary and phrases they use, as well as their expressions and seating position.
While subtle mimicking can unconsciously go a long way, don’t forget to be yourself and infuse your own unique personality.
The Small Talk Counts
Many interviewers like to make small talk with a prospective employee to get more of a feel of the temperament and personality that goes beyond responses an interviewer might have rehearsed.
While you don’t want to attempt to be buddy buddy with your interviewer, being able to converse in small talk is almost a talent.
Make a connection with the interviewer, and your chances immediately increase.
Make a connection with the interviewer, and your chances immediately increase.
If possible, do a little research on the interviewer and include what you have found in your small talk.
For example, if your interviewer worked on a large campaign, ask them what it was like. Avoid too trivial of subjects and listen more than speaking.
Once you’re home, you’re still not finished.
Pull out a nice card or get on the computer and send a thank you note.
Hopefully, these tips will help you to relax and feel more confident before your big day. It will also help to remember that, if you are meant to have the job, you will, and if you don’t get it, then it’s because something better is coming for you. Always do your best and you will be rewardedFor example, if your interviewer worked on a large campaign, ask them what it was like. Avoid too trivial of subjects and listen more than speaking.
After the Interview
Before trying to get out of the door as quick as possible, make sure you leave behind one more lasting impression.
Reaffirm your interest, thank the interviewer for the opportunity for a job interview and give one last handshake.
Reaffirm your interest, thank the interviewer for the opportunity for a job interview and give one last handshake.
Once you’re home, you’re still not finished.
Pull out a nice card or get on the computer and send a thank you note.
Thank you notes should always be written after an interview.
Just think - If there are two equal candidates for a position, and one of them writes a thank you note, who do you think the interviewer will choose?
You guessed it – the one who continued to make an impression even after the interview was over by sending the note.
Job interviews aren't just about reciting all of the right answers you know the interviewer wants to hear.
You can have all of the experience in the world, but if you don't establish a connection with your interviewer, your chances of scoring that dream job diminish.
Show your interviewer that you're a real person and a good fit for the company, personality-wise. Most importantly - just relax! The more at ease you are, the more you'll be yourself.
You guessed it – the one who continued to make an impression even after the interview was over by sending the note.
An appropriate thank you note should restate your interest and enthusiasm for the position, include anything you forgot to mention during the interview and state why now you especially think you’re a good fit for the company.
Make it brief, concise and free of typos.
If time and mail purposes allow, write a handwritten note.
If time and mail purposes allow, write a handwritten note.
Otherwise, a thank you note sent through the email is still acceptable.
Job interviews aren't just about reciting all of the right answers you know the interviewer wants to hear.
You can have all of the experience in the world, but if you don't establish a connection with your interviewer, your chances of scoring that dream job diminish.
Show your interviewer that you're a real person and a good fit for the company, personality-wise. Most importantly - just relax! The more at ease you are, the more you'll be yourself.
Second Interview Tips
You've done it! You passed the first interview with flying colors and you just got a call to schedule a second interview. What happens next? How can you use a second interview as a means to get a job offer? It's important to be aware that the company is seriously interested in you, or they wouldn't have called. You are definitely in contention for the job!
Here are suggestions on how to use your second job interview to help secure an offer.
Get the Agenda
Sometimes, a second interview can be a day-long interview. You may meet with management, staff members, executives, and other company employees. Ask the person who scheduled the interview for an itinerary, so, you know upfront what to expect.
For example, at Microsoft the second interview process involves meeting with people from different product groups. Candidates usually meet with four or five people who are geared to provide an idea of what it's really like to work for Microsoft.
Review Interview Questions and Answers
You may be asked the same questions you were asked during the first interview. So, review the questions you will be asked and brush up your responses.
Also review additional questions you may be asked during a second round interview and have another set of interview questions ready to ask the employer.
Like the first time around, it's good to take some time to practice interviewing, so, you are comfortable with your answers.
Second Interview Questions
During a second interview, you will also be asked more specific interview questions about the job, the company, your ability to perform in the job and how your skills and abilities translate into what the company is seeking in the person they are going to hire.
Second Interview Questions may include:
What challenges are you looking for in a position?
Why do you want this job?
Why are you the best person for the job?
What applicable experience do you have?
Why are you interested in working for this company?
What can you do for this company if we hire you?
What can you contribute to this company?
What do you know about this company?
Why do you want to work for this company?
Why should we hire you? -
What are your salary requirements?
Questions about your career goals.
Company and Job Specific Interview Questions
Depending on the type of position you're interviewing for, you'll be asked questions that will require detailed responses. For example, if you are interviewing for a sales job, you'll be asked interview questions about your sales achievements. It's important to be clear about how you can help the company and how you will grow sales and market share. For these type questions, you'll need to tailor your responses to reflect the company's products, services, and goals.
The best way to prepare to answer questions about how you will perform is to learn as much as you can about the job and the company. The more you know, the easier it will be to relate your skills to the company's needs.
Check out the company's web site, Facebook page, Twitter feed, and LinkedIn page. Check Google news for the latest information about the company. Talk to your connections, if you have them, at the company to get as much insider information as possible.
Make a Match
Review the job posting you applied for and other company job listings. You will get a good idea of what the company wants from the people they hire from reviewing the job descriptions. Make a list of how you match what the company is looking for and use that information when you respond to interview questions.
You goal is to convince the company that you are the candidate who can help them reach their goals and if you provide actionable information in your responses, you'll be well positioned.
In addition, review behavioral interview questions and answers because they are designed to elicit responses that include specific examples of how you achieved results.
Give Consistent Responses
Remember to be consistent. Your interviewers are going to compare notes, so it is important that what you tell one interviewer matches what you tell you the others. Take the time to review your resume ahead of time and take notes after your first interview so you remember what you said the first time around.
Second Interview Questions to Ask the Employer
It's important to have questions ready to ask the interviewer and since you don't want to repeat what you asked in the first interview, have a different set of interview questions ready to ask during your second interview. Here are examples of questions to ask the employer during a second job interview.
Job Interview Tips
Just because you've been invited for a second interview, don't think it's a done deal and you're going to get the job. In this competitive job market, most employers conduct second interviews and sometimes even third and fourth interviews.
Prepare carefully for each and every interview to enhance your prospects of turning your interview into job offer.
Remember: When you get an email or call to schedule a second interview, it's just as important to take the time to prepare for this interview as it was for your first one.
Dress Professionally
Even if the workplace is casual, until you get the job, you will want to dress in your best interview attire, unless you are told otherwise. If the person scheduling the interview mentions dressing down, business casual attire would typically be most appropriate.
Lunch / Dinner Interviews
When you are scheduled for a full-day of interviewing, lunch and/or dinner may be included on the agenda. Dining with a prospective employee allows the company to review your communication and interpersonal skills, as well as your table manners. It's important to dine carefully. The last thing you want to do is spill your drink (non-alcoholic, of course) or slop food all over the table. Order appropriately and brush up on your dining skills, and your manners.
What You Didn't Say
Was there something you thought you should have mentioned during your first interview? Or was there a question you had difficulty with? The second interview will provide you with the opportunity to expand upon your responses from the first interview. Review the notes you took during the first interview, to see what you might have missed talking about and what you can clarify or add.
Ask Questions
When you're invited to interview a second time, the chances are good that you are in contention for the position. It's appropriate to ask for a copy of the job description to review, as well as to ask about the organization structure and how you will fit in.
Is There a Fit?
Sometimes, whether a particular job is a good fit is hard to define. I've been in a position where I had an uneasy feeling that I really didn't want the job. It wasn't anything I could pinpoint specifically, but, it was there. If a voice is telling you you're that you are not sure about this job, listen to it. You don't have to turn down the job, but, you can ask for additional meetings with staff, especially the people you are going to be working with, to make sure the job is a good fit for you.
If You Get a Job Offer?
In some cases, you may be offered a job on the spot. You don't have to say yes, or no, immediately. It actually makes sense not to say yes right away, unless you are 110% sure that you want the job. Everything may seem perfect while you're there, but, once you have a chance to mull over the offer, and the company, it may not seem as wonderful. Ask for some time to think it over and ask when the company needs a decision by.
Say Thank You
You have, I hope, already sent a thank note to the people you interviewed with the first time. Again, take the time to send a thank you letter (email is fine) to everyone you met with and reiterate your interest in the company and in the position.
Notes:
Refer to the Wealth Connection, Financial Impact, Business web pages on this site, and Chapter 17 of the Death to Diabetes book.
For more information about success, refer to the What is Success web page.
For more information about how to find your Purpose in Life, refer to the Purpose in Life web page to help you find your Purpose in Life.
For more information about starting a business, refer to our How to Start a Business web page to help you develop a business plan and a marketing plan for your new business.
For more information about starting a business, refer to our How to Start a Business web page to help you develop a business plan and a marketing plan for your new business.
References:
www.successmagazine.com
http://success.org/
www.purposedrivenlife.com
www.theonequestion.com/
www.purposedrivenlife.com/ [Back to Top]
Home-Based Business
If you're interested in becoming your own boss and want to work out of your home but are in need of some good, profitable ideas, you'll be happy to know that there is no shortage of possibilities out there, ripe for the plucking.
Some great (and profitable!) home-based businesses include computer-repair technician, bodywork/massage therapist, computer tutor, coach (business or career), technical writer, elder caregiver, virtual assistant, personal chef, Web-site designer, and pet sitter.
If none of these get you very excited, take a deep look inside yourself to see what you would like to do. Doing the work you love — and throwing your entire heart and soul into it — can make the difference between profit and loss. If you would like to first try working at home for another company before starting your own home-based business, check out SOHO Jobs, which has a pretty good collection of reviews and links to other sites offering work-at-home opportunities.
Some great (and profitable!) home-based businesses include computer-repair technician, bodywork/massage therapist, computer tutor, coach (business or career), technical writer, elder caregiver, virtual assistant, personal chef, Web-site designer, and pet sitter.
If none of these get you very excited, take a deep look inside yourself to see what you would like to do. Doing the work you love — and throwing your entire heart and soul into it — can make the difference between profit and loss. If you would like to first try working at home for another company before starting your own home-based business, check out SOHO Jobs, which has a pretty good collection of reviews and links to other sites offering work-at-home opportunities.
Whether you start your own home-based business or work at home for another business, research the opportunity thoroughly before diving in too deep — there are a lot of scams targeted at people like you who want to work from home.
As you weigh the options review the following checklist to get an understanding of the logistics of that endeavor. Remember, also, that your dreams of working at home may not align with the real demands of running a business out of your house. Considering the requirements of balancing work with family might help you envision the work-at-home scenario.
1. Create a business plan. Even if you are the only one that will ever read it, it is important to plan out your business and the important milestones you hope to accomplish. See the AllBusiness.com Business Plan Center for advice on putting together this important document.
2. Establish your business entity. You will need to decide if you want to run your business as a sole proprietorship, a partnership, or a corporation.
3. Get your business license or reseller certificate. Make sure you are in compliance with your state laws and get a business license or a reseller certificate if your state requires one.
4. Check with your local zoning commission. You do not want your business shut down prematurely due to zoning laws. Make sure you can legally run your business from your home before you put in too much time and effort.
5. Purchase insurance. Determine what kind of insurance you need, and purchase this before you actually open your new business.
6. Organize your office. A well-organized office space leads to a successful business. Make sure that your office is in a place in your home where you will be able to focus on running your business with minimal distractions.
7. Purchase your equipment. Make sure that you purchase any required office equipment ahead of time. You will avoid embarrassing moments if a customer wants to fax you an order and you do not have the proper equipment ready.
8. Set up your Web site. You will need to purchase a domain name and set up your Web site so that it is ready to go live when you open for business. By planning your Web site concurrently with starting your business, you will be able to include your domain name on your promotional material. Check out the Internet & E-Business Center at AllBusiness.com.
9. Make your schedule. Even if you do not want to work 9 to 5, you will need to create a schedule that follows somewhat normal business hours to ensure that your customers can reach you. They may not be aware that your business is in your basement and you have to get your kids to soccer practice.
10. Organize your inventory. If you plan on stocking merchandise in your home, you will need to make sure it is well-organized to facilitate a quick turnaround time. Make sure that they are easily accessible and free from dirt and debris. If you are a smoker, make sure you store your inventory in a smoke-free area.
11. Get your shipping supplies ready. You should not have to scour your house for a padded envelope when you get your first order. Gather ahead of time all of the supplies you will need, such as envelopes, boxes, bubble wrap, shipping tape, and labels.
12. Open your virtual doors. Now that you are completely prepared, you are ready to open your business up to the public.
Checklist for Starting a Home Business
Starting a home-based business can be a complicated undertaking. The following checklist covers the most important points that you will need to consider and will help you stay focused as you try and get your business off the ground.1. Create a business plan. Even if you are the only one that will ever read it, it is important to plan out your business and the important milestones you hope to accomplish. See the AllBusiness.com Business Plan Center for advice on putting together this important document.
2. Establish your business entity. You will need to decide if you want to run your business as a sole proprietorship, a partnership, or a corporation.
3. Get your business license or reseller certificate. Make sure you are in compliance with your state laws and get a business license or a reseller certificate if your state requires one.
4. Check with your local zoning commission. You do not want your business shut down prematurely due to zoning laws. Make sure you can legally run your business from your home before you put in too much time and effort.
5. Purchase insurance. Determine what kind of insurance you need, and purchase this before you actually open your new business.
6. Organize your office. A well-organized office space leads to a successful business. Make sure that your office is in a place in your home where you will be able to focus on running your business with minimal distractions.
7. Purchase your equipment. Make sure that you purchase any required office equipment ahead of time. You will avoid embarrassing moments if a customer wants to fax you an order and you do not have the proper equipment ready.
8. Set up your Web site. You will need to purchase a domain name and set up your Web site so that it is ready to go live when you open for business. By planning your Web site concurrently with starting your business, you will be able to include your domain name on your promotional material. Check out the Internet & E-Business Center at AllBusiness.com.
9. Make your schedule. Even if you do not want to work 9 to 5, you will need to create a schedule that follows somewhat normal business hours to ensure that your customers can reach you. They may not be aware that your business is in your basement and you have to get your kids to soccer practice.
10. Organize your inventory. If you plan on stocking merchandise in your home, you will need to make sure it is well-organized to facilitate a quick turnaround time. Make sure that they are easily accessible and free from dirt and debris. If you are a smoker, make sure you store your inventory in a smoke-free area.
11. Get your shipping supplies ready. You should not have to scour your house for a padded envelope when you get your first order. Gather ahead of time all of the supplies you will need, such as envelopes, boxes, bubble wrap, shipping tape, and labels.
12. Open your virtual doors. Now that you are completely prepared, you are ready to open your business up to the public.
No comments:
Post a Comment