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Tuesday, June 19, 2012

If you want to get a job you need transferable skills

Transferable skills are a versatile set of skills that you can apply to more than one job. These are the skills that add to your marketability as a candidate and help you assimilate from one job to another. So, for example, while you may be studying accounting and sharpening your ability to balance bookkeeping ledgers, a transferable skill could be your ability to problem solve

Read more: http://www.businessinsider.com/if-you-want-to-get-a-job-you-need-transferable-skills-2012-6#ixzz1yJWmasuI



Monday, June 18, 2012

Most Powerful Questions When Starting a New Business


  1. What are we?
  2. What is our higher Purpose?
  3. What must Work?
  4. Who will be our first customer?
  5. Why are we starting a business?
  6. How much money do you have in the bank?
  7. What is your exit criteria?
  8. Who are your competitors?
  9. What is your core focus
  10. .......


    click here to view the other questions

    Tuesday, June 12, 2012

    Factors that determine whether a business succeeds or fails

    During the last two decades, small and new businesses have created two of every three new jobs in the United States. According to the National Economic Council, small businesses employ 60 million Americans - or half of all jobs in the country.

    The numbers are impressive and the success stories are many, but even long hours of hard work and steadfast dedication don't guarantee success. In fact, more than half of small businesses fail within the first five years, according to the U.S. Small Business Administration.

    What makes the difference between success and failure? several fundamental factors...determine whether a business succeeds or fails



    1. Experience
    2. A plan
    3. Money
    4. Strong credit
    5. Outside income
    6. Bench strength
    7. Strong financial controls
    8. Friends. The business owner needs a lot of support
    9. Energy. 
    10. A good team
    11. A realistic perception of success


    The best part of starting a new business is that there are a number of resources to help with the process, including a personal banker. Remember, they've been there before and have helped many other businesses get off to a successful start.


    click here for full article...

    Monday, June 11, 2012

    11 ways to quit your job and be more successful


    Now, more than ever, you need to be entrepreneurial to be successful; you need to create a job to keep a job," says Gerber.
    "When you work for someone else you're putting all your eggs into one basket. If you want to secure your financial future regardless of the bad economy, you need to be in control of your own life," he insists.
    Ready to take a stab at entrepreneurship?

    Wednesday, May 30, 2012

    Difficulties of starting a business in Africa

    According to the World Bank, African nations make it harder for entrepreneurs to succeed than other parts of the world, so why is it so difficult to start a business in Africa?
    For example if you want to start a business in Mozambique, it takes 153 days to register a business, with a total of 14 separate steps.
    But it isn't always so long-winded. Rwanda was singled out as among the biggest reformers in the past year.
    Are you trying to start a business? What problems are you currently facing? How do you maintain a successful business? Is it more difficult if you are a woman?click to view comments of business people in Africa

    Thursday, May 24, 2012

    A mechanism that could address structural unemployment problem

    It’s impossible to know precisely how much unemployment is structural and how much is cyclical, and probably there’s some of both right now. Cyclical unemployment resulting from weak demand is amenable to expansionary government spending or monetary policy. Structural unemployment is harder to fix. Structural joblessness results from things like skills mismatches, and policy to address such mismatches is inherently longer-term in scope, involving education and encouraging innovation. Expansionary policy can't reduce structural unemployment; when that's all that's left, more expansion generates nothing but rising inflation.
    click here to view full economist article

    careergong.com is more than a policy, but a mechanism that could address structural unemployment problem in the world presently 

    Wednesday, May 2, 2012

    50M fewer jobs worldwide since '08 due to structural Unemployment

    The bleak worldwide employment picture is worsening and is, in some ways, irreversible, according to a United Nations agency report of global unemployment.
    "This is not a normal employment slowdown," said the World of Work Report 2012, an annual survey of the global job market. "Four years into the global crisis, labour market imbalances are becoming more structural, and therefore more difficult to eradicate.....This means that they would be unable to obtain new employment even if there were a strong recovery."......
    The report, released Monday by the International Labor Organization, based in Geneva, said there are 50 million fewer jobs worldwide than at the start of the economic meltdown in 2008.
    .....Pearl Kamer, chief economist for the Long Island Association...said..."There's a structural mismatch of the skill sets of the unemployed and the industries with emerging jobs,...This crisis has been transformational," ...it is different from previous job deficits because, in past recessions, people became unemployed only temporarily because the jobs returned. "Many of the jobs lost are not coming back. The ones that are being created are in technology-intensive industries."

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