Category: Your Business (Page 16 of 30)

Your Business Cards

We’ve discussed the cheap revolution before. It’s the notion that you can do so many things today and use countless services for a fraction of what they used to cost. This helps drive entrepreneurship and it helps people sell products or services without a huge support organization. You can be a one-person wrecking crew, using email, the web and social media to network, chase leads and close sales.

That said, there are still some older traditions that you shouldn’t abandon. While you may not need a fancy office and a receptionist answering phones, you should have a web site or other online presence, and you should have things like business cards. The online and mobile worlds are important, but person-to-person networking is still critical.

But here the cheap revolution helps as well. You can access business card printing services online and avoid all the hassles of the past. It’s easier and cheaper and you get exactly what you want. So do all the new media stuff, but never abandon old methods of meeting people in person and exchanging business cards.

The importance of spotting talent

With the death of Steve Jobs, there will be countless articles covering his career, and many of us can learn a great deal from his success. We’ve already posted his advice to college graduates about finding what you love to do. Jobs was also an incredible innovator and manager, even if he was a tyrant at times.

If you’re a manager or you run your own business, this story might be helpful. It comes from a Fast Company article after Jobs stepped down as Apple’s CEO but published before his death.

Jobs had recently come back to the company after a 12-year hiatus working for two of his own startups: NeXT, which made ultra-high-end computers, and Pixar. He was taking a tour of Apple, becoming reacquainted with what the company had become since he’d left. It must have been a sobering, even ugly, sight–Apple was dying at the hands of Microsoft, IBM, Dell, and other competitors that were doing what Apple did, only cheaper and with faster processors.

In a dusty basement across the road from Apple’s main building, Jobs found a solitary designer who was ready to quit, languishing amid a stack of prototypes. Among them was a monolithic monitor with a teardrop swoop, which integrated all of a computer’s guts into a single package. And in that room, Jobs saw what middle managers did not. He saw the future. Almost immediately, he told the designer, Jonathan Ive, that from here on out they’d be working side by side on a new line of computers.

Jobs may not be the greatest technologist or engineer of his generation. But he is perhaps the greatest user of technology to ever live, and it was to Apple’s great fortune that he also happened to be the company’s founder.

Those computers that Ive and Jobs worked on became, of course, the iMac–a piece of hardware designed with an unprecedented user focus, all the way to the handle on top, which made it easy to pull out of the box. (“That’s the great thing about handles,” Ive told Fast Company in 1999. “You know what they’re used for.”) That single moment in the basement with Ive says a great deal about what made Jobs the most influential innovator of our time. It shows an ability to see a company from the outside, rather than inside as a line manager. He didn’t see the proto iMac as a liability or a curiosity. He saw something that was simply better than what had preceded it, and he was willing to bet on that instinct. That required an ability to think first and foremost as someone who lives with technology rather than produces it.

Jobs was always able to see opportunity and usable innovation that others could not see. He could also spot talent and put people in situations where they can thrive. The story of his visit to Xerox is legendary, as they had the graphical user interface and had no idea people would want it in their home computers.

You may not have a Jonathan Ive in your organization or revolutionary products sitting on a shelf, but you probably have some very talented people who are stuck in jobs that waste their talent. Take the time to know your team, and dig deeper than your immediate reports. Find the talent, let them work, and your company will have a better chance to thrive.

Love Animals? Become an Animal Trainer!

If you’re interested in an industry that’s rewarding, fun, and has an excellent job outlook, consider animal training. Employment in this career field is expected to grow 20 percent for the 2008-2018 decade, which is much faster than the average for all career fields. Not only this, but this is one of the top fields for individuals interested in freelancing or running their own business. Around 54 percent of animal trainers are self-employed.

So what do you have to do to become an animal trainer? Besides having a love for animals, according to the Bureau of Labor Statistics, you’ll need a high school diploma or GED equivalent for some jobs, and a bachelor’s degree for others. For example, if you’re interested in becoming a marine mammal trainer, a bachelor’s degree in marine biology, animal science, animal psychology, or biology may be required. Some jobs may also require an animal health technician degree.

Education plays an important role in how much you will earn as well as experience and certification. For example, dog trainers with certification by a professional association or a private vocational or state-approved trade school have the most opportunities and earn the highest salaries in this sector. The Bureau reports that overall, animal trainers earn an average salary of $27,270 per year. The middle 50 percent earned between $19,880 and $38,280 and the lowest 10 percent earned less than $16,700. The top 10 percent earned more than $51,400.

To find out information about animal training and certification, visit the Certification Council for Professional Dog Trainers (CCPDT) at www.ccpdt.org or the Bureau of Labor Statistics at www.bls.gov.

Real Estate Career Outlook OK

In its heyday, real estate was one of the most lucrative careers in the U.S. Top agents and brokers could easily make six (or even seven) figures a year doing what they loved—selling homes and commercial properties. Today, the market has obviously cooled, so it’s a bit tougher for agents and brokers to make a buck. However, according to financial analysts and the Bureau of Labor Statistics, the real estate industry is far from dead. In fact, because home prices and interest rates are so incredibly low, right now is the best time to buy. What this means is, although real estate agents and brokers may make less per sale than they’re used to, there are lots of sales to be made. So, if you want to break into the real estate industry and you’re willing to wait, say 3-5 years for the industry to really bounce back, you could end up making a very lucrative living down the line.

Employment in Real Estate at a Glance

According to the Bureau of Labor Statistics’ Occupational Outlook Handbook (2010-2011), employment of real estate brokers and agents  is expected to grow faster than average for the 2008-2018 decade. The industry is still very competitive, with well-established, more experienced brokers and agents leading the pack. Beginners do face an uphill battle, but can use the time to learn the ropes, establish themselves, and prepare for better days down the line. As such, the Bureau suggests that beginners have enough money to live for about 6 months or until commissions increase.

The Bureau of Labor Statistics (BLS) reports that employment of real estate brokers and sales agents (combined) is expected to grow 14 percent during the 2008-18 decade, which is faster than average for all occupations. Separately, employment of real estate agents is expected to grow 16 percent and real estate brokers is 9 percent, for an average of 14 percent overall.

Brokers and agents can expect job growth based on “a growing population, particularly young adults, who will be forming households in greater numbers.” These buyers will require the services of real estate agents and brokers to buy their homes. In addition, although some argue that renting rules right now, millions of people still believe in the American Dream. This means owning a home. According to BLS, home sales will be sparked by the continuing desire for people to own their own homes and their perception that real estate will be a good investment over the long run.

According BLS, in addition to job growth, agents just entering the field can expect a large number of job openings based on the need to replace workers who transfer to other occupations or leave the labor force. Real estate brokers and sales agents are older, on average, than most other workers, and many are expected to leave the occupation over the next decade.

Salaries for Real Estate Brokers and Agents

Today’s real estate industry is no place for part-timers. If you are ambitious, well trained,  enjoy selling, and have “extensive social and business connections” you will have the best chance of success. In addition, large urban areas and “rapidly growing communities” are the best places for real estate. Employment is heavily concentrated in these areas.

The Bureau reports average salaries for agents and brokers, but keep in mind that commissions are the main source of earnings in this industry and they vary greatly “according to whatever the agent and broker agree on, the type of property, and its value.” Region may play a role as well. While commissions can be all over the board, several years ago, the National Association of Realtors reported an average commission rate of 5.2 percent across the nation, with a range between 5 and 7 percent. Again, average salaries should be taken with a grain of salt. According to BLS:

The median annual wages, including commissions, of salaried real estate sales agents were $40,150 in May 2008. The middle 50 percent earned between $27,390 and $64,820 a year. The lowest 10 percent earned less than $21,120, and the highest 10 percent earned more than $101,860. Median annual wages, including commissions, of salaried real estate brokers were $57,500 in May 2008. The middle 50 percent earned between $36,420 and $93,970 a year.

Residential building construction offered the highest median average annual wages at $63,280 per year for real estate brokers and $49,620 per year for real estate agents.

Becoming a Real Estate Agent or Broker

Yes, to be a successful agent or broker, you have to have a pleasant personality and be trustworthy, mature, and enthusiastic about selling real estate, but in today’s competitive real estate industry, you need much, much more. A high school diploma is the minimum requirement to break into the industry, but many firms wont even look at an applicant that has less than a bachelor’s degree. Common degrees for this field include real estate, finance, law, business, economics, accounting, and marketing.

Whether you have a high school diploma or a bachelor’s degree, you must be licensed to become a real estate broker or agent. This means you’ll have to pass a written examination. Many states also require 30-90 hours of classroom instruction. Broker’s must take a more comprehensive exam and have between 60 and 90 hours of formal training, and typically 1-3 years of experience selling real estate. In some states, a bachelor’s degree in real estate may allow you to waive the experience requirements to become a licensed broker.

Because laws are always changing, among other things, many states require continuing education for license renewals. Brokers and agents must renew their licenses every 1-2 years, depending on state requirements. Contact your state real estate licensing commission for specific licensing requirements. Visit Nationalrealtorsdirectory.com for contact information for each state commission.

Dressing for an Interview: What’s Appropriate, What’s Not

First impressions are everything, especially in today’s competitive job market. There are dozens, if not hundreds of applicants for any given position, so the first impression you make has to be a lasting one. By the time you are called in for an interview, you can assume that you already look pretty good on paper to the employer. However, according to a recent Forbes Woman article, one tiny detail can have a big impact when it comes to securing the job. And what you wear has a lot to do with it.

According to a recent study by associate professor of psychology at Oregon State University Frank Bernieri, Ph.D., your interviewer decides within 10 seconds of meeting you whether or not you’re right for the job. If you put the right amount of effort into putting a polished look together, you are more likely to be hired than someone that did not.

So, what’s appropriate for an interview and what’s not? The most appropriate style for an interview is conservative. You just can’ t go wrong with this look. What you should never do is wear too tight or ill-fitting clothes, and women should never show cleavage or wear see through garments. If you wear a skirt, fishnets or patterned stockings are a huge no. Women should wear light makeup (if you wear makeup at all) and hair should be neat and clean. Mohawks, cornrows, excessive hair accessories, and multi-colored hair are all no-nos. It’s also a good idea to cover  tattoos or piercings, especially if the piercings are in unusual places such as the eyebrows or lip.

Men should follow the same rules for piercings and tattoos, and stick to button-downs and slacks when it comes to attire. A tie would be a great way to top things off.  A Polo shirt and slacks or khakis are fine for a date, but not for an interview.

While these are general guidelines for interviews, you should also consider the type of business you’re interviewing with. For example, strict conservative is great for conservative businesses, but it’s perfectly ok to go a little trendier (but still polished) for say, an advertising or graphic design firm. A few tweaks here and there can go a long way. For conservative businesses, opt for closed-toe shoes. For creative businesses sling-back heels are hipper, but they still look polished.

So where can you shop for the right interview clothes without breaking the bank? Both men and women can try Marshall’s, TJ Maxx or Nordstrom Rack. During your shopping trip, just remember this: Forbes author Laura Sinberg writes “proper attire for an interview will create a halo effect, meaning your interviewer will see you in a positive light and forgive any minor gaffes you make.”

For a quick slideshow to get an idea of what’s appropriate for an interview and what’s not, read Dress for Interview Success at Forbes.com.

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