Category: Your Business (Page 28 of 30)

More workers use the beach as their office

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This is a great trend. With easy high-speed Internet access and improved technology, more people can work anywhere they like, and many of them are choosing to work at the beach.

While you’re Dilberting away in your cubicle, there are people taking conference calls in board shorts and flip-flops. While you’re saving your two weeks of vacation to hit the sand, they’re getting paid to be there. There are people—even respectable people—who have somehow turned a folding chair into a place of work.

Aided by technology, pioneers are now converting the beach into a fully functional office. People who work from the beach in non-hotel, non-burger-stand, non-pot-dealer capacities are still rare enough that no agency tracks the phenomenon. Brooks Brothers does not yet make a three-piece bathing suit; Herman Miller doesn’t sell an Aeron chaise.

It’s not like these beach workers are slackers; they just don’t like being controlled. It’s the same reason why we TiVo shows or e-mail and text more than call. When you can work from wherever you want to be—especially if it’s the place where everyone wants to be—work isn’t so bad.

It helps to be self-employed.

Yes, it definitely helps to be self-employed. It’s frankly one of the best reasons to take control of your career and start your own business from home . . . or the beach.

That said, this option is open to everyone who is willing to take more control of their career. Sure, you may not be able to do it all the time, but you’d be surprised how often you can escape the office if you begin to train your boss.

This is one of the arguments popularized by Tim Ferris. Check out his site at 4-Hour Workweek for ways to do this. In a nutshell, they key is showing your boss over time that you can spend days away from the office and still be just as productive. Once you establish this, it won’t matter whether you do this from your home or from an exotic beach. He doesn’t have to know and he shouldn’t care if he does.

Extreme hiring – psychological scrutiny and rigorous simulations

It’s getting tough out there. Employers are realizing that the old ways of screening out job candidates, particularly candidates for executive positions, are insufficient in today’s competitive world. Employers are employing much more thorough tactics, such as psychological scrutiny and rigorous simulations. Some are calling it “extreme hiring.”

It’s Andrew Noon’s first day on the job, and already he has had to discipline a worker, thwart a departmental turf war, cajole two recalcitrant employees, convince an irate customer not to cancel a contract and present his strategic plan for the next three years to the company’s chief executive, complete with flip charts. But the boss, the employees and the customers are actors. The company is fictitious. The office space is an assessment center outside Pittsburgh. At least three trained observers are listening to Noon’s every voice mail, reading his every e-mail and watching his every move. The whole exercise is a simulation designed to determine his readiness for the executive suite at Mutual of Omaha.

To prepare, Noon, 35, spent the weeks leading up to his assessment poring over reams of fictitious financials and memorizing fake org charts, employee bios, product descriptions, company histories and global sales breakdowns. He also took three personality tests, each consisting of 200 to 300 questions designed to uncover his levels of sociability, creativity and ambition and to identify any “derailers”–talent-management-speak for the dark side.

Psychological scrutiny and rigorous simulations are fast becoming a requisite part of the interview process. Gone are the days when a clutch golf swing or well-schmoozed dinner might score you a spot in the C-suite. The downturn has shed a decidedly unflattering light on subjective hiring practices. Even the standard application-interview-résumé-and-reference-check formula has come under fire for being too soft and unreliable.

In many ways this makes sense, but it would make even more sense if the results are compared to feedback given by that candidates former co-workers and superiors.

Learning to be an entrepreneur

Is the life of an entrepreneur for everyone? Probably not, as it can be rather demanding and it’s hard to imagine living that life unless you have a passion for business or for the service or product you choose.

The next question involves whether you can learn to be an entrepreneur. Some people may want to do it, but they really aren’t prepared to make a successful go of it.

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Tough time for jobs in California

Forbes has several articles asking tough questions about the job market in California. The sad truth is that California is losing jobs to other states and other countries, as the high tax burden and cost of living makes it difficult for employers to commit to the state.

Now, you have to take into account the agenda at Forbes. While the business magazine is excellent, the ideological bent is very clear. The publication favors free markets and loathes taxes. While you would expect that from most business writers and publications, Forbes sometimes takes that to an extreme.

That said, they often make compelling arguments when presenting cases where business development is hindered by taxes and regulation, and California has become the poster-child for many of these problems.

In one provocative article, a Forbes writer argues that California is becoming more like France.

A friend of mine who is a successful venture capitalist shared a depressing observation over dinner recently: “California is like France,” he said. “I try not to hire here, and I certainly would not launch a company here. But the wine is good.”

*******

Listen up Sacramento, your tax base is moving elsewhere.

“California has competition,” says Mehta. This is starting to show. A report recently released by the Bureau of Labor Statistics shows Silicon Valley lagging. Tech employment fell nearly 17% between 2001 and 2008, while nationally those types of jobs grew 4%. Silicon Valley’s 11.8% unemployment level is higher than the nation’s.

“It’s a combination of taxes and talent,” says Mehta. “Taxes and expenses here are high, and we can get the talent or move it elsewhere. This wasn’t the case 10 years ago.”

Another article details how employers like McAfee are moving employees outside the state.

The dysfunctional nature of California politics is now catching up to the state. Meanwhile, other states are seizing the opportunity with incentives and other aggressive tactics to brings in jobs. Will California wake up?

Watching expenses with prepaid credit cards

If you have a small business, the thought of giving some of your employees a credit card for expenses can be terrifying. Sure, they may be trustworthy, but it becomes something you have to monitor, and sometimes the problem can get out of hand and you don’t catch it for months.

One solution would be to use prepaid credit cards for your employees. This way, you don’t have to worry about them exceeding the limit on the card, and it forces you to monitor the situation and pay attention to expenses.

In this economy, you need to use every tool at your disposal to monitor costs. Having your employees fill out reports isn’t enough, as you’re often too busy to look over them closely. With this system you can minimize mistakes.

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