Sunday, May 8, 2011

Tips on Finding a Dream Job


So after my blog “Be an Entrepreneur - Do not suppress your career potential!” I received emails from readers suggesting “there are people out there interested in a job career, I should write for them as well!

So I asked myself, what is a dream job?

1. Comes with loads of money?
2. Provides career growth opportunity?
3. Less volatile?
4. Or all three?

Anyone with very basic intelligence would say yes, ALL THREE. I do not think one should not ask for the best, however, without self diagnostic it is not possible to expect all that falling into your lap!

Market forces together with your education, experience, will to accept challenges and your Unique Selling Proposition (USP) that helps you stand out in competition determines what will be your career opportunities.

I highly recommend James Caan’s book “Get the Job You Really Want”. James was born in Pakistan in 1960. Migrated to UK where he changed his identity. He graduated from Advanced Management Program at Harvard Business School, and known for building and selling businesses. He made his fortune in recruitment business “Humana International” with 147 offices in 30 countries.

His book not only addresses the challenges for experienced job seekers, but also provides tools for new market entrants.

Caan says: “It is possible to have the job of your dreams. Together we are going to set about getting you there..”

Enjoy reading and get your dream job.

Mothers Day Special “Mompreneurs - a very happy mother’s day!”


Mother’s Day on the second Sunday of May is a well-established tradition going back to Ann Jarvis of Philadelphia in 1907. With her strong determination, Ann dedicated her life to fulfill her mother’s dream of the recognition of day for honoring mothers.

Mothers are special, absolutely! They carry a baby for 9 months, day-night, work or rest, rain of snow. Go through birth pains, feeds, loves, cares, guides. No doubt, God has combined all His loving qualities only in one person “Mother”.

With ever changing dynamics of business, raising a family for working mothers has been a challenge. The term used for Mom Entrepreneurs is “Mompreneur”. Cool, isn’t it?

There is no doubt that striking a balanced life is perhaps the biggest struggle for a Mompreneur. Writer Julie Lenzer Kirk in her book “The PartnerpReneur Edge” suggests that being a mom makes a better businesswoman and how parenting teaches helps building a successful business.

In my view mothers are:

Better planner
Have people’s qualities
Caring
Visionary
Understand money
Pushy and
Supportive

Keep it up moms, a very happy mother’s day to Momopreneurs around the globe!

Saturday, May 7, 2011

Financial Wisdom helps Generate Wealth!


I was sitting with a very old friend who is a brave entrepreneur. He has successfully owned businesses in the US, Sri Lanka and now experimenting with his travel knowledge and owns a Travel Agency in Karachi, Pakistan.

He was in bad mood!

Reasons:
1.Phenomenal increase in cost of doing business
2.Strike calls by various political and religious outfits in protest of one thing or another.

Knowing my friend, I asked him about his financial management policy. Response: Sales-costs=Profits. Well done I said!

But how do you price your services? Are you now underselling, how much capital has been with held by your suppliers (airlines etc)-did you add the cost of capital into your pricing, how much is your promotional cost-who pays for this?

These were aftershocks for my friend. He never built those costs into his pricing and was also unaware if he was underselling. The only thing he knew, “His company was getting into financial trouble”.

I remembered a tag lines from Robert T Kiyosaki’s book Rich Dad Poor Dad “The Rich Invent Money”. They do it by carefully considering the financials of their businesses, “every bit of financials”. They understand the difference between assets and liabilities. They invest in assets and reduce their liabilities. This helps them invent money. That is the power of

Robert suggests:

“ the primary cause of financial struggle is simply not knowing the difference between an asset and a liability.”

Usually businessmen, particularly in countries with low literacy rate, struggle in working with their financials. Today I understood the key reason for business failures in developing countries – Lack of Financial Literacy - A knowledge that ensures the strength of a company.