Tuesday, April 21, 2020

Are a Resume Summary vs Objective Necessary?

Are a Resume Summary vs Objective Necessary?In my previous article I mentioned a concept called the resume summary vs objective. In this article I will further explain what these two concepts are and how you can use them to make your resume stand out from the crowd.The resume summary (or objective) is usually a section of your resume that contains an overview of your work history. This is often preceded by a short paragraph about why you are applying for the job. It also generally contains the required personal information, such as your name, address, contact details, and contact number. It is very important to state this information on your resume, as the employer may not read this part of your resume when they have received it.Your resume summary usually contains a 'purpose' paragraph which states the reason for your applying for the job. It is important to state that you have applied for the job if you have found out that you are being interviewed for a job that you have applied f or previously. This will avoid the employer having to read your resume again. It is also important to state in your resume summary why you feel that you should be the person that is hired.Your resume objective is the key reason why you are applying for the job. There is no point in your employer reading your resume if they do not know what the job requires. You can use this to create a statement of who you are and what you want to achieve at work.You should try to be consistent in your resume summary and in your resume objective. If you are using a different objective or summary in your resume than your objective, you will have a lot more difficulty in getting an interview.Finally, if you think that you do not want to write a resume objective yourself, there are plenty of companies out there that will help you out. For example, CareerBuilder provides free objective analysis tool and they will analyse your resume and give you the results for free.If you would like to include more tha n one objective on your resume, it would be useful to add more points into each one. In the end, you should consider writing a resume summary vs objective in order to make sure that you have completed your job application with the minimum amount of work.

Wednesday, April 15, 2020

How to Determine What Your Business Idea Is Worth MONEY

How to Determine What Your Business Idea Is Worth â€" MONEY This story is part two of a five-part series on the best way to launch your own business. As a new business owner, you may have little idea of what to charge for your product or service. Figuring that out is an crucial piece of prelaunch legwork. Here’s how to do it. Name the right price If you’re staying within the same field, one shortcut is to ask whoever hires outside vendors for your company what the ballpark price range is for services similar to the one you plan to offer. “That will give you a sense of what the market rate is,” says Gene Zaino, CEO of MBO Partners, a firm in the Washington, D.C., area that provides technology and other services to independent contractors. Some trade organizations put out reports on the going rates in their industry. The government’s General Services Administration website publishes rate schedules for businesses that contract with federal agencies. Seeing what they charge takes digging, but it’s worth the effort. Go to gsaelibrary.gsa.gov. Click on a subject area in the category guide, such as “office solutions,” and then choose a product for a list of contractors and prices. Finally, you can also simply go windowshopping. Put yourself in the role of a customer and ask for price quotes. “Looking at your competitors or similar products is the place to start,” says Barbara Roberts, an entrepreneur in residence at Columbia Business School and a co-author of The Owner’s Journey, a study of closely held businesses. Know your goal Before you set your price, count your costs of doing business. “Whatever salary you want to earn the first year, you need to bill 1.5 times that,” says Zaino. If, say, you make $120,000 a year in your current job, you’ll need to bill about $180,000 to cover costs like health insurance, self-employment or employer taxes, insurance, and running an office to maintain your lifestyle. Reach out for a reality check Entrepreneurs are rightly known for their optimism. The best way to determine if your enthusiasm is justified is to write a business plan, says CPA Paul Gevertzman, a tax partner with the accounting firm Anchin Block Anchin. This document typically includes a description of your product or service, your marketing plan, a market analysis, and financial projections. For help, use the SBA’s Business Plan Tool. Then get feedback from a mentor or an accountant who serves other businesses in the field. (Remember the pros you interviewed about the market for your idea? Tap that pool for a mentor.) “The key is to figure out if all the things you expect are realistic,” Gevertzman says. “If not, you’ve got to give serious thought as to how to make it work. If it doesn’t work out on paper, it’s probably not going to work.” Look into the future Another reason to do a business plan is that it can help you estimate what you’ll earnâ€"year one and beyond. Your projections should be based on the business you have already lined up, if any, or expect to line up soon, as well as market research that suggests how much more business you could realistically acquire in the next year or two. Next in this series: 4 Smart Ways to Fund Your New Business

Saturday, April 11, 2020

How To Learn From Failure - Work It Daily

How To Learn From Failure - Work It Daily Learn from failure - you probably have heard it all from articles, stories, and books. I won’t bore you with them here. This article is to drive home some key points about learning from failure. Lessons you probably are very familiar with but need reminder about. Or, if you are new to this thing called 'failure,' then it will serve as a springboard to better success (I hope). You hear stories about failure. You hear stories about success. Everyone hears how failure is the mother of all successes. Yet, you are still fearful of failure. As if it is a black mark that will appear in your report card of life if you did fail. And fail you will, if you are like the rest of us mere mortals. Does that mean you stop trying? How To Learn From Failure Here are some tips for learning from failure: 1. Take The Risk And Pay the Price Nothing ventured, nothing gain. You have to be willing to take the risk venture beyond the comfort zone regardless of what area you are in to gain some form of success. Think about the entrepreneurs, scientists, leaders, and businesses that took the path less trodden and how they were rewarded handsomely. If you are willing to pay the price with the risk you take, then the returns may just surprise you. But, but what if I fail, you ask. 2. Know It’s OK To Fail, Really Yes, it’s OK to fail. The adage we learn from failure is true. Be open with your mind, eyes and ears. The lessons are there for you to understand and do better next time. Think about what you have done right, what you can do better and what you should stop doing. That is one of the easiest ways to analyze how to learn from failure. One side point, in cases like these I dislike to use the word failure. Setback is my preferred word. 3. Realize Experience Is The Best Teacher Think about this, if you do not fail in any of your endeavor, how do you learn to be better? How do you become wiser? People say experience is the best teacher. If you accept that to be true then you need to accept failure as one of the many lessons you gain from experience. So, you get to learn from failure. It’s that simple. Think about failure as lessons paid in the journey of life. 4. Allow Yourself The Freedom To Fail Allow yourself the freedom to fail if you want to learn from failure. When you are too cautious, you do not allow yourself to take any risks. If you are safe all the time, then you are not giving yourself the opportunity to learn from failure. Give yourself the freedom to fail and see how the lessons of success open up for you. 5. Let The Fear Of Failure Help You Succeed The fear of failure may not necessarily be a bad thing, as it can propel you to succeed. Some people use it as a motivating factor to ensure they succeed. As long as you do not get paralyzed into inaction and limit your appetite for taking risk, I believe the fear of failure as a propelling factor can be of good use. 6. Welcome Failure There can be no success without failure. You should welcome failure as an opportunity to learn and you will learn from failure. The fees for learning from failure may seem too high sometimes, but in the long run you will somehow discover it a worthwhile price to pay. Related Posts How To Manage Without Being Mean (Is It Possible To Not Be Pushy?) 5 Things To Consider Before You Take That Management Job #1 Key To Becoming An Effective Leader Photo Credit: Shutterstock Have you joined our career growth club?Join Us Today!