Mohit Tater's Blog, page 694

Success Stories to Inspire Your Next Business Feat

Everyday life can sometimes be quite dull. Going to work, coming home, eating, sleeping. Most people need something to keep them going through the day. This is why we often turn to fiction and look for inspiration there. However, ordinary people live extraordinary lives even outside the world of books: they are brave, courageous, and they achieve things others can only dream about. They venture into the world and conquer diverse obstacles in order to achieve their goals. They battle enemies and face perils, all in the jungle of this modern world, beneath the arch of the stock market.

Here are some of the examples of such stories, and how the heroes of these stories became wealthy, successful, and famous. It seems age plays an insignificant role in risk-taking: recent crashed have caused most people to think twice about where they allocate their money, but some still dare to take the plunge, which can sometimes be quite rewarding.

During the 1970s, at the age of 34, a man named Neil McCarthy started investing his money in the stock market. By today, he has made an incredible profit, waging around $2 million. His bravest feat was the now famous purchase of stocks when they were on a downward spiral. So, when the value of certain stocks was decreasing and they looked like a lost cause, Neil invested more in them and bought even more stocks. During the 90s, he tripled his net worth, and made his first million. He avoided all the tech companies, for they made no sense to him, and only invested in ratios that were around 1:200 and 1:300. Now, that is true courage!

Ron Omohundro was an engineer at Fujitsu when he started investing in the stock market. He was using the traditional buy and hold method, for he believed this to be the safest way of earning a profit. It was not long before he switched all of his stocks to corporate bonds which yielded high, and had dividend paying stocks. By doing so, he avoided much of the 2007 stock crash, and held on to most of his investments. Today, he is enjoying the rest of his life and is getting more and more proactive as he is aging.

Max Dufour is an American investor who used to invest in foreign markets. He explained his reasons for doing so by stating that his aim was to save his capital if the US economy “decided” to suddenly take the wrong turn. He was a program manager in a Boston consulting firm when he first started investing, and by now, his portfolio has increased by over 50 percent. We can only guess that having a global approach can be profitable in most cases, but choosing such a path also needs a lot of experience and knowledge as well.

A married couple during the early 2000s used the traditional method of buy and hold, and by doing so, they earned a nice income. But, the time came when the economy went grey, and they consulted a business counselor. So they moved one-quarter of their assets to Bandon Capital Management, and when the entire stock market portfolio went down by 30 percent, theirs rose by 3 percent. They are Kendall and Mark Youngblood.

Among one of the most famous stock investors is surely Tim Sykes, a man who achieved things that many only dream about. He used his $12,415 initial budget and by trading with penny stocks every day, he earned the sum of a bit over $4 million. All of this was done while he was still a college senior, and today, he has a fortune made from penny trades, plus a talent foundation which supports really talented youngsters and gives them scholarships to further improve their knowledge and skills. You can find many guides made by Tim, and his blog provides a lot of information for both experienced and novice traders.

Investing in the stock market can be a very profitable thing. It is all a matter of persistence, good research, and smart investing. One day, you can be a regular 25-year-old with a small savings, and the next day you can become famous and rich by trading and investing in the right (penny) stock. Be courageous and embark on a life-changing journey, for many riches lie ahead. However, bear in mind that a dragon may be guarding that same treasure, and invest wisely – while risks do pay off sometimes, they can also lead to disaster.

Apps for Going to Concerts

Concert apps are becoming popular, and it is fitting that this comes at a time when so many people have smartphones at their disposal. It is therefore easy for you to track when your favorite celebrity is performing in the area and take advantage of offers or score easy tickets. We all have experienced that sinking feeling that comes when you know that you are not going to be in on the action, even when the whole thing is going down a block away. Most of the time this happens because we do not know what application are the most appropriate to use. Below is an analysis of the top available concert applications today.

Gig beat

This application gives you an updated analysis of the artists it features on its list. It is very easy to browse and gives you a welcome break from the Apple leanings of the more popular applications. There is plenty of graphic content, and this breaks the monotony of the display that is so prevalent in the earlier concert applications. This simplicity does not however compromise on content. If for example, you are looking for directions on Madonna tickets and tour dates or her promotions, everything is available at the single swipe of a screen.

Bandsintown

This is a regular concert app, but its most standout feature is the cloud provision that goes by the name concert cloud. This one uses GPS to bring to you other artists who are visiting your location in the near future. It then provides you with assistance in choice, showing you what it recommends as the best artists as well as concerts. Bandsintown is impressively comprehensive, giving you details on the major gigs as well as the smaller ones in a neat list. From time to time, it will also bring you a list of some of the more popular attendees.

ThrillCall

This is the ideal app for those who find themselves uncovered at the last minute. Therefore, it will heavily emphasize on the shows that are coming up late on the menu. It is also a place for offloading tickets if you find that things are moving along slowly. Thrill call has become quite popular because the purchase of tickets is easy and you can get tickets on the cheap.

Setlist.fm

You are not going to find a chronicle of every gig here, but you will find enough. Users themselves generate lists based on their own preferences, so you are going to find a lot of diversity here, as well as a lot of prejudice. If you are looking for detailed analyses, this is going to be one of your more popular areas of visitation, because the concerts will have an indication of performers, songs and featured acts all at the same point.

On Tour Concert Finder

If you happen to have a local library, this application synchronizes with it so that it knows your needs and preferences. It also works with Last.fm and Bandsintown to provide you the most current and tailored results. In addition, finder helps you calculate the distance from your location to the venue of preferred concerts.

Entrepreneur Profile: MobileCast Media

Successfully launching and running a business is a daunting task. Getting a look inside the entrepreneurial mindset, to learn from a business owner who’s been down that road and can offer some sage advice is invaluable. Today we are speaking with John Houghton, Owner of MobileCast Media. Visit them online at http://www.mobilecastmedia.com/.

When launching your company in 2005, what were the most difficult challenges with getting the business up and running? Did you have help?

We started as a service startup to help other companies exploit the power of podcasting, and one of the biggest challenges was legal.  Most of our customers were from traditional industries, and there wasn’t much legal precedent for the digital rights involved in producing a podcast.  For example, if you want to make a music-based show and put it out on podcast, there was a number of copyright laws in place, but nobody knew which ones to apply.  As a result, a lot of companies ended up waiting in the wings.

How did you begin your career in mobile application development?

In 2011, one of our customers, Ericsson, had a successful podcast that we produced, and they wanted to build an app around it and add videos, so they asked us to develop it.  Since I had a software development background from Oracle, it was easy and a natural fit.  It turns out that the technologies for distributing podcasting via RSS dovetail nicely with apps and allow us to update the content real-time via a content management system.  Plus we had 6 years of expertise in mobile content marketing, so that made the whole project very successful because it got out to a wide audience, which is what they wanted.

What are some of the challenges associated with managing your own mobile application development company as opposed to just working at a mobile application development company? 

When you start and probably for the duration or your venture, you’re going to lack a regular paycheck.  It’s feast or famine.  One year you’ll be up, and another you’ll be down.  Sometimes the cycles are even longer, so you’ve got to hang in there.

What are some of the important “Start-Up Costs” associated with starting your own mobile application development company that need to be considered?

In order to be taken seriously by customers, you should incorporate your business.  Incorporation also provides liability protection.  In California, an S corporation costs $800 per year, and your CPA will probably charge an extra $1500 for your returns, an extra $1000 to keep your books, and you will need a payroll service such as ADP to pay yourself, which is about $70 a month.

Make sure you get expert advice, and even with advice that you think is good, you can make big mistakes.  One mistake is to pull your salary directly out of the corporation without setting up payroll.

Other than that, the biggest cost is getting clients.  There are a number of strategies and tactics for sales and marketing.  You really have to get out there to find out what other successful companies are doing to find new business and then adopt those techniques.

How did you generate clients early on in the business? 

You need to be good at selling, and I recommend a selling course such as the Dale Carnegie 3 day selling course.  I took it myself and found it very useful.  Before that, I relied entirely at first on my website to generate leads, and that was good, since I have a strong background in web development and SEO, but it wasn’t enough.  You need to get out to events and make lots of friends, and you should consider doing some outbound marketing, such as cold calling.  Most founders abhor the idea of cold calling, but if you can make 50 – 100 calls a day and get advice on adjusting your pitch, it’s hard not to succeed.

A few authors have been selling lots of books by saying that cold calling is dead, but it’s not, and it’s perfectly fine for a founder to cold call.  It does take a while to get good at it though, so you might get a mentor or hire a coach.

How do you adapt the constant changes in the mobile application technology?

In order to stay on top of things, I love listening to podcasts, although there aren’t many out there that hit my interests just right.  So what I do is get the schedule of a cutting edge conference and then look up all the speakers to see if I can find a recent talk of theirs on YouTube.  I then convert their talk to mp3 using an online mp3 converter.  It’s pretty quick.  You can have a lecture downloaded and converted in about a minute or two.  After that, I load all the MP3s onto a play list on my iPhone and listen with a Bluetooth headset.  I listen while I’m driving, working out, or organizing and cleaning.  On one recent weekend, I organized my whole garage and consumed 16 hours of audio content.

Otherwise, there is no substitute for doing it.  If you don’t have any projects, I suggest volunteering to help on somebody else’s project.  Also, it’s important to spend money to buy the latest things.  For example, you won’t be conversant in wearables if you don’t have a Fitbit or Pebble and the latest iPhone.

What are some of the biggest lessons you’ve learned about running an online business over the last 10 years, and what advice would you give an aspiring entrepreneur wanting to get started in mobile application development today?

Make sure you’re passionate about your idea and don’t just do it for the money.  The passion will make you work harder than you otherwise could.  Without that motivation, you’re not likely to make it.  Passion will see you through and infuse your conversations with enthusiasm.  It will make other people want to follow.

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The Impact of Millennials on the Housing Market

The millennial generation (people between the ages of 18 and 36) is finally entering the housing market, and realtors and mortgage brokers are starting to pay more attention to this developing niche. Down payments are low, mortgage rates are falling in the mid to 3% territory, and the market conditions are ideal for this generation. In fact, rent is skyrocketing and monthly mortgage payments are comparatively affordable.

National Real Estate broker Redfin declares that these first-time buyers made up more than half of its home tours conducted by its agents mid-month. Real estate and mortgage specialists are gaining clients from this demographic, and here’s how.

Characteristics of the Millennial Generation 

People currently in their 20’s and 30’s are moving more slowly towards major life changes. This includes studying in school longer, spending more time living with family, and entering the housing market at a later age. Those currently looking for a home are likely first-time buyers.

Because house-buyers from the millennial generation were raised in the Great Recession, they tend to value financial status less than members of other generations. Larger, showier homes aren’t likely to impress them as much as a inviting but modest dwell.

Catering to an Information Era

The millennial generation is highly educated, and they are almost guaranteed to do their homework to find the perfect real estate or mortgage company to do business with. By the time a member of the millennial generation has contacted a company, she has probably investigated the company’s website, social media profiles, and online reviews.

To attract this growing pool of buyers, realtors and mortgage brokers are changing their online marketing tactics. Since a website only has a few seconds to lure a client in, successful companies are capturing readers’ interests with an attractive design, links to social media and online reviews, and content that is engaging yet concise.

Custom Service

Clients from the millennial generation value companies that treat them to a custom experience. Since they are one of the most diverse generations in American history, they want to be treated as such. They trust realtors and mortgage brokers that are able to get back in touch quickly, and who treat them as an individual.

Social Media Presence

An SDL marketing service determined that five out of six people connect with companies via social media. Remaining active on a social media account is imperative for attracting customers from 18 to 36 years old. Leading mortgage brokers and realtors are replying to client messages and “liking” customer comments.

Most of the content that is discovered over the internet happens through social media. There is a monstrous view difference between content that is discovered by happenstance and content that is shared with hundreds of people, several times over. Real estate and mortgage companies are creating curiosity-provoking, innovative, shareable content to travel through the realm of social media.

Sources

https://placester.com/real-estate-marketing-academy/real-estate-marketing-millennials/
http://www.latimes.com/business/realestate/la-fi-harney-20150201-story.html
http://www.b-logics.com/is-the-time-finally-right/
http://www.entrepreneur.com/article/234531
http://www.entrepreneur.com/article/234891

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Why Is Information Architecture Important?

Information architecture is the informational structure associated with an organization. Therefore, any person who operates a business should understand what information architecture is and why it’s important for a business. In order to understand what this term represents and how a business may implement information architecture effectively, exploring the fundamental elements of the concept could be helpful.

Information Architecture Defined

The term, information architecture (IA), may be defined in a few ways, depending on the context in which it is being applied. At the most basic and general level, the term could be described as the “structural design” of the various environments that enable information to be shared within an organization (source: http://www.iainstitute.org/en/learn/resources/what_is_ia.php). Most modern businesses must share information via a digital format, and devising a functional and flexible structure to support such an environment is known as information architecture. Another way to describe IA is to define it as the foundation from which all actions and solutions are carried out within a business platform (source: http://community.aiim.org/blogs/rich-blank/2010/10/25/what-is-information-architecture-and-why-is-it-important). In the same way that the structure of a building is designed in a certain way, so is the structure of any system of information.

Why Information Architecture Is Important to a Start Up Business

Because of the structural design of the information environment associated with a particular start up, the individuals involved with that business are able to access important information. Whether a start up is modest or massive in scope, designing an efficient system of information architecture can be advantageous to everyone involved, from the principals to the associates to the clients. Designing a solid information structure can help the decision makers to make the best choices possible for a company. In addition to better decision making, a well-constructed informational foundation can lead to more efficient meetings, the capacity to identify and adopt solutions more efficiently, and smoother business operations overall (Source: Biz Forum). This may ultimately result in higher profits and greater opportunities for expansion.

One crucial aspect of IA is that it must be designed in such a way that it allows for flexibility. Business operations are often fluid, and this is especially true in a business world that is continually adapting to changing technologies. A solid information structure is a must for any business, but that foundation should be flexible enough to match changing needs.

An Example of Adapting Information Architecture to Meet a Need

To better understand the value of flexibility in relation to information architecture, a person might consider a brief example of IA at work. If IA is the basis by which information flows throughout a company, then it directly affects how that information is utilized. A florist might offer customers an ordering page on its website that enables them to order arrangements based on color theme. After doing market research on the subject, the florist may realize that this method is not as useful to customers as listing arrangements by price. By reorganizing the ordering page to suit the needs of customers, the florist is adapting the information architecture of the website to meet the needs of the people who keep the florist in business (Source: Huber & Associates). By adapting the structure of information to serve customers better, the florist is virtually ensuring an increase in sales.

Information architecture is the basis from which information is shared and utilized in an organization. Most businesses would not survive without a strong foundation of information exchange and implementation. When a company’s information architecture is both well-organized and flexible, that company may operate effectively, build client relations, and enjoy healthy profits.

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Cost Efficiency and Other Benefits of Cloud Archiving

Thinking of archiving your business data in the cloud? According to Dolphin, “Cloud storage is ideal as a repository for archived information because it moves infrequently accessed archived data and documents out of the production environment to storage where the cost is on a pay-as-you-use basis.” Indeed, cloud archiving is smart and makes sound financial sense for many companies seeking to improve their bottom line. However, there are a few considerations before you make the move.

What type of performance do you require? While cost is a concern, going with the lowest cost cloud archive service provider could mean sacrificing performance and availability. Define your service level requirements and choose a cloud archiving service that can deliver.
Does the solution comply with any applicable regulations? For example, if you are subject to HIPAA, is the solution HIPAA-compliant? In addition to specific regulatory compliance, consider how well the solution complies with your own internal data retention policies. Does it support data lifecycle management?
Does the solution allow for discoverability? Many cloud archives are capable of storing vast amounts of data, but how do you find that one specific file you’ve been tasked with finding? What type of discovery management tools are available or are you on your own? For example, does the archive store metadata? Can you add tags? Can you search manually? Does the solution have a search engine?
Does your archived data play nicely with your original application? While you could copy data into a cloud-based archive, that doesn’t necessarily mean you’ll be able to work with it easily should you need to. If you anticipate working with archived data, look for a cloud archiving solution that integrates with your applications. For example, on popular cloud archiving solution for SAP “enables SAP archived data and documents to be stored to cloud and transparently accessed whenever and wherever they are needed.”

While numerous cloud archiving solutions exist, one size doesn’t fit all. Consider performance, compliance, discoverability, and integration with your applications before making a decision. By taking all of these factors into consideration, you should be able to select a cloud archiving solution that truly meets your needs.

Works Cited

TechTarget, “Cloud archiving for cold and not-so-cold storage,”- http://searchcloudstorage.techtarget.com/feature/Cloud-archiving-for-cold-and-not-so-cold-storage
Dolphin Corp, “Cloud Storage for SAP Archived Data and Documents,”- http://www.dolphin-corp.com/information-lifecycle-management/sap-cloud-computing/

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The Importance of Consumer Research For a New Business

Launching a business can be an exciting time and there’s lots to think about. However, it’s important to keep your feet on the ground and to focus on the essentials. For example, consumer research is a must when you’re setting up a new enterprise.

If you’ve never undertaken research like this before, it may sound expensive and difficult. However, by getting specialists on board, like Wirral Sensory Services, you can ensure the process is efficient, cost-effective, and above all easy.

Meanwhile, here are just some of the ways in which your fledgling firm could benefit from thorough consumer research.

Establish viability

Even the best business ideas can fail if conditions aren’t right. The fact is, no matter how good your idea for a product or service is, the world has to be ready for it and there must be a gap in the market. This is one reason why consumer research is so important. It gives you a chance to see whether real people would be prepared to hand over their hard-earned money for your offerings.

Getting negative feedback at this stage can be disappointing, but it may save you cold, hard cash – and lots of it. After all, it may prevent you from making the potentially costly mistake of launching a business based on an idea that is doomed to fail.

Identify your target market

Consumer research can also help you to identify your market. By finding out exactly who is interested in your products, what makes them tick and how much they are willing to spend, you will be in a better position to tailor your brand and to establish the precise direction you want to move in.

Hone your product

Finding out what people think about your goods will also help you to hone them. You can get feedback on the aspects of your products people like best and what they would want you to change. In turn, you can use this valuable information to tweak your offerings to perfection. This should help you to sell your goods once you launch them for real. Ultimately, this is good news for your bottom line.

Not just a one-off

Of course, consumer research shouldn’t be seen simply as a one-off activity. As well as proving invaluable to start-ups, this type of intelligence gathering plays an important ongoing role in established companies. You can use it to get feedback whenever you change your products or introduce new ones, and this research can help you to stay up-to-date with the latest consumer trends and tastes.

It’s now easier than ever to conduct consumer research, and doing so could help you to get your budding business off to the best possible start.

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The Perfect Pass-time For Entrepreneurial Spirits

Entrepreneurs aren’t like normal people. They are much more interesting than that.

The Austrian economist Joseph Schumpeter was one of the first people to fully celebrate the qualities that distinguished those of an entrepreneurial characterform ordinary men or women. And Schumpeter was determined to offer a living model of his idea of the entrepreneur as both energetic and courageous in the pursuit of a potential gain. ForSchumpeter the entrepreneur represented a kind of commercial hero without whom nothing would ever advance.

Credit: babak_bagheri

Schumpeter is still studied by serious academics for his work on entrepreneurship and innovation. He also gave us creative destruction, but that is another story. He was though an undeniably colourful character. His declared ambitions were – in no particular order – to be the finest economist of his age, the best horseman in all of Austria and the greatest lover in Vienna. He claimed to have succeeded in only two of these endeavours, but was coy as to which they were. Schumpeter was certainly not like normal people. 

An entrepreneurial character

Amongst the characteristics that Schumpeter attributed to entrepreneurs was an ability to take risks in the pursuit of potential gain. It was, in effect, a mind-set as much as a skill set, but it remains a key attribute 65 years after Schumpeter’s death.

It is on this basis that Financial Spread Betting (FSB) has been increasingly targeted by those of an entrepreneurial character. Born out of the marriage between sports spread betting and the derivative markets of the city FSB bets are wagered on the movement of stocks, shares and markets.

In practical terms this evolutionary path can be seen in the formation of the ground-breaking Betfair organization and then the subsequent roll out of its specifically FSB off-shoot Tradefair. Anyone who is bold enough to visit Tradefair.com will undoubtedly be impressed with what FSB now has to offer.

Credit: Jon Clark

The Tradefair app is representative of the industry’s best practice currently in that it offers almost immediate access to take a position on over 3,000 different markets. Any bet is a straightforward binary matter of whether you think the stock will either rise or fall. Bets tend to be completed in a matter of minutes, so FSB is a way to derive a return from the markets in a way that is perfectly in tune with the often impatient nature of the entrepreneurially minded.

FSB’s attractions for the entrepreneurially-minded

At the same time, its open-ended nature means that whilst risk is always inherent in the equation this is balanced by the potential for significant returns. A further attraction to those with a keen reading of market moves is that it is equally to bet against falling and rising market values. Thus, it is possible to capitalise on a falling market.

There are those who use FSB as a full-time investment vehicle. These are, admittedly in the minority. Something similar could be said of those who would describe themselves professional gamblers. The majority of FSB clients are those who make their livings by other means but who nonetheless enjoy the cut and thrust of a live trading scenario.

Both camps are happy in the knowledge that any returns they may make are entirely tax-free, and that the charges levied by companies such as Tradefair are entirely up front and part of the investment structure. In other words, there are no dealing fees of commissions to pay. For those trading in small amounts this is particularly important.

FSB is not like ordinary betting. It is more geared towards a professional understanding of market dynamics, and its open-ended nature means that it is particularly suited to those who are prepared to back their judgement in changing or uncertain conditions. Above all else it requires just the sort of fearless, entrepreneurial mindset that Joseph Schumpeter would have approved of.

Tips for a Successful Career in Human Resources

As a professional in human resources, you always want to strive to do your best and have a successful career. Some candidates find HR jobs on job boards like www.jobtonic.in and stay in their position going relatively unnoticed. Instead, you want to be at the top of your industry and move up the ladder. Ambition is just half the battle of having a successful career.

Your industry may be different than mine, and everyone has their own unique talents to bring to a company. But the following tips will help any HR professional have a successful career.

Always Tell the Truth

You’ll deal with a lot of policy changes as a company grows or declines. Employees will often come to you to question changes or express their concerns. During this time, you must tell the employees – honestly – what you can do and what you can’t do. After all, you have to report to a boss as well.

Does this mean you do not fight for your team? Of course not. Instead, you should stress your concerns with your boss prior to a decision being made. Once the decision is final, you’ll need to help your company enforce the policies in a professional manner.

Never blame decisions on corporate or act unprofessionally.

Always Act Justly

You may not realize it, but you have a lot of power in your company. You have the power to make decisions that no one else wants to make. Abusing this power will lead to resentment and a fast track to never moving up in the company, or worse – being fired.

If a supervisor is not doing their job or is behaving inappropriately, you need to act properly. Favoritism has no place in your career.

Look Toward the Future

Sometimes, a company will not realize its full potential. According to statistics, 8 out of 10 businesses will fail within their first 18 months. When a business is on a fast track to becoming insolvent, you need to be ready to start applying for new opportunities. It’s good to be loyal to a company, but when you have no future with them, it’s time to leave.

Growth is essential for your career success.

Always Keep Learning

Staying stagnant in a career is boring. No matter how well you’re doing, there is always room to expand your horizons. Attend seminars, take courses and read books related to your industry and profession.

One of the worst things you can do is show that you have a dated education or mindset. Never let a young, recently trained professional overpass you due to not keeping up in the field.

There are numerous avenues to ensure your education is always relevant. You can even take online courses or attend workshops. If you do it right, you may even be able to have your company pay to send HR to courses alleviating your personal expenses.

Source: JobTonic

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When is it Time for a Career Change

When you have a good job with a nice salary, and a pleasant group of people you work with in an office that has everything from a water cooler to high-tech computing systems – in short: when your job is great, you don’t think about changing it. And why should you? If you are completely fulfilled professionally and happy doing what you do, there’s no need for a change. However, not every single person thinks this way and not everyone has that type of a job. When your work starts putting too much pressure on you, or when you feel fed up with doing same boring repetitive things day in and day out, it may easily be time to change your career. This isn’t a simple decision, but think of the possibilities that lie beyond your current job and you will easily realize that you might be happier doing something else. So, if you are currently considering changing careers, here are some tips.

Changing the Pace

When changing careers, it’s not just about changing your job position or the company you are employed in – it’s so much more than that. In today’s fluctuation of jobs and the adaptations the market is experiencing, some people are forced out of jobs, while others just want a change of pace. That’s how bankers become bakers, real estate agents turn into teachers and business managers start coaching high school softball teams. You can never know when a new opportunity will come knocking on your door and you have to be ready to embrace it.

How to Find a Replacement?

All of us have something that we do and some things we are good at. Whether it’s languages, computer skills or physical abilities, that set of characteristics is what makes us fit for a certain job and position. Those who love math become engineers, those who excel in languages turn to teaching and translation, and so on. But what happens when you completely change your career path and want to choose something that fits your set of skills?

When thinking of a new career, try to take your secret wishes and desires into consideration. Since we don’t all do what we really want to, there has to be something that we fantasize about. Now, try to connect this wish to your already existing skills and you’ll be closer to your new career. For example, an aspiring athlete who has always had a soft spot for children can move to teaching in school and acquire a position as a PE teacher.

Developing Industries

There have always been some industries that have been attracting more people than others and those are the easiest to fit into when changing careers. If you are unsure what the next thing for you is, you can look into career prospects in industries like construction, engineering, digital security, accounting and others that are booming right now and are perspective for the future. Find what you are interesting in and there’s your new career.

Adapting your CV

Certain positions require a certain set of skills that should be emphasized in your CV, and when changing careers, you should adapt them as well. Present valuable skills and references first and aim for the identification between what’s desired and what you offer. Don’t write about your college math diplomas and spelling bee contests if applying for a position in agriculture, for example, but do so when trying to get a job as a software engineer or a translator.

The Final Result

Having a new job is a great change that can boost your self-esteem, make you more motivated and wake up lost potentials. When changing your career, it’s important to adapt quickly and painlessly, and you will find your new vocation rather quickly.