Archive for April, 2010

25 AprThree Basic Choices Remain for Business Career Training

business career training 300x225 Three Basic Choices Remain for Business Career TrainingStudents with an interest in business have several choices today. These three options have existed for a long time, although the third one is only now gaining in popularity.

  1. If you have established yourself as a good to great student in your high school, then take the requisite tests, and apply on time, you may make it into a top college or university. Be sure to apply for any scholarships that may apply to you. If you can afford the time and money to attend Harvard, Yale, Wharton, or any other top business school, your career is off to a great start.
  2. Attendance at a community college or specialized business career school is another excellent choice that can give you great credentials. Sure, private business schools do not have the cache of an ivy league school, but the education they provide is concentrated, elective free, and can often be very good. If you attend one of these schools, distinguish yourself with internships, special projects, and awards.
  3. Apprenticeship is another business career opportunity that is gaining in popularity. Not all who aspire to business are great in a school setting, but that doesn’t mean they can’t succeed. After all, business is about making intuitive decisions with clients and shareholders in mind. That means building relationships. If you can find a company that will take you as an intern or apprentice and you strive each day to prove your mettle, this could be a great introduction to the world of business.

25 AprFind Several Sources for Business Career Information

business career information 300x224 Find Several Sources for Business Career InformationIf you are about to graduate from business school, you will soon need to keep abreast of the business world in a new way. Once outside of your college or university setting and applying for work, you will find yourself isolated from the business community you once new. In order to continue to keep your finger on the pulse of  business life, be sure to immediately find new sources of business career information. Some excellent sources include:

  • Magazines such as Businessweek or Fortune
  • Newspapers such as the Wall Street Journal or New York Times Finance Section
  • Networking with local business leaders in your city or town
  • Attending chamber of commerce meetings, where you will become aware of the issues facing local businesses
  • Joining local business associations

Some of these ideas will help you stay in touch with local business career information, and other ideas will have a more national or international scope, but that is precisely what you need to understand as a young business graduate. You must keep abreast of a wide variety of business information in order to impress hiring managers.

25 AprYour Business Finance Career Will Thrive in 2011

business finance career 300x199 Your Business Finance Career Will Thrive in 2011Times are good for students entering the world of business finance. A finance major or concentration has always been a wise choice—it shows your keen mind and head for numbers. But in this day and age, it offers even more benefits than usual. Corporations are looking for new faces in the world of finance because of so many scandals having occurred in the past few years. Those with connections to any of the disgraced financiers of the 2009 financial scandal are starting to be passed over for jobs in favor of new graduates.

One thing that will help you rise ahead in the world of business finance is a keen understanding of ethics. Companies today are looking for fresh faces, untinged by scandal, whose understanding of business ethics as well as financial risk issues is keen. If you are able to demonstrate that you can see a financial disaster in the making—through internships, special projects, and written work—you will catch the eye of hiring managers in financial firms throughout the country. Remember, those who know history are the only ones not condemned to repeat it, so understand the issues that led to the 2009 collapse, and be willing to discuss  frankly how you think they could have been avoided.

25 AprThree Tips for Your Music Business Career

music business career 300x201 Three Tips for Your Music Business CareerIf you are a musician and also considering a career in the music business, congratulations on your ambition. It can be difficult, however, for musicians to find their way through the labyrinth of the world of agents, producers, managers, distributors and all the rest. So, if you want ultimately to see your own music on the popular charts, follow these three tips to stay focused.

  • If you are an artist, remain one. Don’t get sidetracked by too much involvement in the other aspects of the business.
  • Create a team around yourself. You can’t do it all alone, so ensure your manager, agent, and other team members are qualified and working actively on your behalf.
  • Know the music business. Even if your primary role is as an artist, it is important to know the basics of the music business and the content of the deals you make. It will prevent you from making any major mistakes involving your intellectual property rights.

25 AprBecome Multilingual to Get an International Business Career

international business career 200x300 Become Multilingual to Get an International Business Career International business careers are in high demand today, as locations such as Singapore, Taiwan, and Brazil gain in prominence throughout the business world. Executives with international business careers travel first class, stay in 5-star hotels, and meet with top business owners all over the world. If you enjoy travel, this career is an excellent one. But with all the competition, you will have to find a way to make yourself stand out from the crowd. Being multilingual could be just the thing.

If you come from a multi-ethnic background, you are lucky. While other careers may subtly discriminate against unusual backgrounds, finding them not suitable to mainstream culture, international business is different. In this field, your exposure to multiple cultures and languages will always be a plus. Here are three things you can do to make yourself a prime candidate:

  • Travel and take an immersion course in a language that interests you.
  • Learn the ways to express respect and give a proper greeting in a variety of languages.
  • Specialize in the cultures and languages of countries from a certain region of the world.

Do you have a particular interest in Latin America? Indochina? Eastern Europe? When you select a region of the world to specialize in, that doesn’t mean you will be excluded from jobs that travel to other regions, it simply indicates that you have a lot of drive and a willingness to go that extra mile for your career in international business.

25 AprToday’s Business Degree Careers are Multifaceted

business degree careers 300x183 Today’s Business Degree Careers are MultifacetedWith a business degree, you have the world at your fingertips. There are many different careers available to you depending on your concentration and minor, so which one will you select? Of course, the ultimate decision has a lot to do with what positions are available at the time of your graduation, but don’t become a job applicant who simply tries to mold himself around “what is out there.”

To be truly successful in your business career you must have a vision, but not one that limits you. You must understand your own skills, abilities, and interests as a single multifaced unit. You have a lot to offer and when you go on a job interview you must think of it as you interviewing the hiring manager, not simply as him interviewing you. If you know what you have to offer, you can inquire as to whether the company will utilize your skills to the best of your abilities. This means you won’t get bored and you will find the work fulfilling. If a company is interested in you but not in your multifaceted offerings, consider this a red flag. The job may be available, but ask yourself, “will it be fulfilling?” The ultimate answer is up to you.

25 AprThe Best Business Career Is a Creative One

best business career 300x191 The Best Business Career Is a Creative OneBusiness is a popular major for today’s college students, but many find themselves frustrated with the tedium of facts and figures. Recent studies show that 30% of college students suffer from a lack of creative outlets. A comprehensive university will enable students to take electives in the arts, but many students do not, fearing that might get distracted from their primary aim, but this is a mistake.

Creative outlets are essential for students involved in business. Studies show three new findings:

  • Creative outlets help to alleviate frustration and tension
  • Creative outlets can lead to business ideas and potential minor concentrations
  • There is a lot more creativity in the business world than most students perceive

In addition, a lot of the business world relies on intuition for decision making and forming relationships. Those who turn out to be best at networking and finding the latest trends are those whose intuition has been sharpened through hobbies or sidelines in the arts. If you are a business student consider adding the arts into your curriculum. It could be the ticket to your success in business.

17 AprTo Excel in your Specialty, Consider a Business Career School

business career school To Excel in your Specialty, Consider a Business Career SchoolNot every business man or woman requires an MBA to succeed. Many individuals have interests in a specific field, such as agriculture, graphic arts, or education, and those interests should be respected when selecting a school. There are numerous trade and technical schools that can offer top level business skills as well as specialization in very specific fields. Such schools will not rank as high as an MBA from Harvard or Yale, certainly, but many business students simply do not have the grades or money to go that route, so let’s take a look at where to find information on these alternatives.

The vocational information center at www.khake.com is a wonderful resource for any student with an interest in both business and the trades. It offers links to everything from agriculture schools and programs to culinary and veterinary schools and programs. It also lists accredited business schools as well as schools for art and design. If your interest lies in approaching business through trade and technical schools, know that your dreams can come true. www.khake.com can help.

17 AprA Great Business Administration Career Depends on a Great MBA

business administration career 300x199 A Great Business Administration Career Depends on a Great MBAYour MBA isn’t everything, but it will make a big difference in terms of what starting salary you get, the prestige of the company you work for, and the management level where you start your work. Getting an MBA from a top school is one thing that most business students desperately desire, and if you work hard for top grades, you will manage to be one of the lucky few. Recent rankings list the following schools as the top ten for MBA degrees:

  1. Northwestern
  2. Chicago
  3. Harvard
  4. Stanford
  5. Pennsylvania
  6. MIT
  7. Columbia
  8. Michigan
  9. Duke
  10. Dartmouth

There are many more schools, however, that offer excellent MBA programs. The school ranking is, of course important, but it isn’t everything. Just as important is your own specialty in business, and that specialty or area of focus should be something you would be comfortable spending the rest of your life doing, so be sure to select a school that will enable you to stay within your area of interest.

17 AprDisaster Recovery is Part of All Careers for Business

careers for business 300x251 Disaster Recovery is Part of All Careers for BusinessOf course, you plan for the best and expect to succeed in your work, but everyone knows that sometimes situations are simply out of our hands. A majore financial disaster or natural disaster could cause business failure in even the most successful corporations. In order to avoid this fate, your business must have a disaster recovery plan. Such a plan includes:

  • Insurance. Examine how much of the business you want to insure and know the limitations of your insurance.
  • Business Impact Analysis. This BIA is a study that offers an evaluation of possible repercussions of any unexpected disaster. Such a study will help you to prepare in a myriad of ways.
  • Company-wide understanding. Any disaster recovery plan should be well comprehended by personell in every department. Complete cooperation will be required, so employees should be prepared.

17 AprMany Business Administration Careers Depend Upon a Leadership Coach

business administration careers Many Business Administration Careers Depend Upon a Leadership CoachIf you feel your business administration career is lacking that certain extra something, you may be ready to hire a leadership coach. Your problem could be productivity, organization, or financial setbacks, but in any case your leadership coach should be able to help you learn how to better deal with these challenges as time goes by.

Most leadership coaches will consider the following issues first:

  • Bad communication. Is this the key to your woes? A solid examination of your verbal interactions with others will help your coach find out.
  • Low confidence. Is self confidence the only problem you have? If so, there are many ways to remedy the situation. A leadership coach specializes in these methods.
  • Unclear goals. Many business men and women have a lot of drive, but often drive themselves in circles. Without clear and stated short and long-term goals, your business will not grow.

Such issues can be addressed at home on your own time as well, but if you, as a business person, find yourself stuck and unable to move forward in your career, a leadership coach could be just the ticket to jump start your productivity.

17 AprCareers and Business Trends Tend to Revolve Around “Parental Outsourcing”

careers and business 236x300 Careers and Business Trends Tend to Revolve Around “Parental Outsourcing”Even in today’s tough economic times, parents still desire to live the lives of their dreams, and those dreams usually don’t include scrubbing toilets. The outsourcing of daily chores has become big business as parents scrimp and save in order to be able to pay someone else to take care of those household duties that just aren’t glamorous. Some analysts say that today’s parents, especially women, simply refuse to view parenting as the laborious chore that it once was, and are endeavoring to reinvent the job. Others claim the trend reflects parents spending more time with their children in fulfilling activities such as sports and outings, rather than humdrum tasks.

In either case, businesses that specialize in providing domestic services, party catering, test prep and tutoring, and even driving courses are all thriving in today’s “parental outsourcing” economy. This area is a great one in which entrepreneurs can get their start. Initial costs tend to be low, while demand is high. Job satisfaction for workers can also be high, as these “parenting” type jobs tend to be focused on caretaking and soft skills. Will your first business venture be in the field of parental outsourcing? It’s a field worth consideration.

17 Apr“Buy Local” is a Great Slogan for Any Business Strategy Career

business strategy career “Buy Local” is a Great Slogan for Any Business Strategy CareerLooking for a great strategy to anchor your business? Look no further than your own city, town, or state, because the ethos of buying local is becoming more and more popular with consumers as they discover the benefits of supporting local economies and growers. With the advantages of small, organic farms producing excellent food and boutique businesses boosting local economies, consumers see that buying locally made products and foods has many advantages. Your business can take advantage of this trend in a number of ways.

  • Connect with Farmer’s Markets and Craft Fairs. Many towns support farmer’s markets where growers sell their produce for cash and get the advantage of money in the bank along with knowing their customers.
  • Market your goods through the “locally grown or made” departments of major stores. Even Walmart and Safeway are beginning to offer sections that appeal to those interested in buying locally.
  • Always use word-of-mouth advertising. Even goods that are not locally produced have the same caché when consumers find out about them through their local grapevine.

17 AprA Discount Retail Store Can Be a Great Place for a Business Career

a business career 300x199 A Discount Retail Store Can Be a Great Place for a Business CareerOnce upon a time, discount stores were the domain of the poverty-stricken, the low-income, and the nonachiever, but in today’s economy, people of all income levels are doing brisk business at discount stores. Middle and even high income buyers now see discount stores as not only convenient and thrifty but also a great way to avoid the “luxury shame” that goes along with having wealth when surrounded by others who don’t.

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Today’s consumer is complex, and buying decision stem not just from income levels and taste, but also social stigma and cultural distinctions. Business men and women would do well to consider these factors when seeking job opportunities. There was a time when only a job at a high-end retail chain seemed appropriate for a college graduate, but these days shooting low can bring high earnings.

17 AprYour Small Business Career Could Depend on the Senior Market

small business career 300x300 Your Small Business Career Could Depend on the Senior MarketEntrepreneurs these days are always trying to spot the latest trend or take advantage of some perceived new change in society. Since technology is always changing, software and computing systems have long been popular topics for entrepreneurial ventures, but there is one other thing that is always changing, yet staying the same: the human body. Western society is now full of “baby boomers” who are aging and requiring a myriad of products and services, and many new small business careers are becoming dependent on this market.

The senior market includes everything from pharmaceuticals to cosmetics, cosmetic surgery, technical assistance, senior dating, and more. Those interested in starting small businesses today and searching for that can’t-lose idea that will ensure a profit should spend some time looking into issues relating to seniors. These individuals tend to have sufficient disposable income and a sense of need surrounding many consumables, from gourmet foods to psychiatrists to beach vacations. This market is now considered one of the most up-and-coming for entrepreneurs.

17 AprAny Career in Business Depends on Understanding Trends

career in business 300x300 Any Career in Business Depends on Understanding TrendsToday’s trends can be tough to spot. When you notice a new product or service that is out there, you might tend to watch it as though it were an indicator of consumer activity, but the trap is in failing to identify a fad when you see one. A fad is certainly a popular new item in the marketplace, however its popularity tends to wane in a brief time. This is because trends are long-lasting social movements, whereas fads are merely fly-by-night manifestations of those social changes.

For instance, the new Volkswagen Beetle was a very popular car when it came out. Its popularity soon fell away, however. It was followed by the Mini Cooper, another cute, small car with a strong sense of design. Each of these cars is a fad, an exciting new item. But together, these cars represent a trend: that of women buying their own vehicles.

Today’s women are saying, with their dollars, that they want cars that represent who they are—smart, savvy, green, cute, and brand new. They are willing to spend money not just on practical vehicles, but on vehicles with a sense of style all their own. Each particular vehicle represents a fad, but the trend indicated is the social movement toward women enjoying more economic prosperity. Know the difference between a fad and a trend, and you, as a business person, are well on your way to a great career and great investment opportunities as well.

17 Apr3 Tips for Business Career Planning

business career planning 300x225 3 Tips for Business Career PlanningWhen you begin a business career, it is important to keep in mind that a bright future depends on planning for that future. Business career planning means planning for success in terms of marketing and consumer services, but also in terms of financial planning and management issues. Business careers don’t simply emerge from the combination of a great degree followed by a great job. True careers require a great deal of initiative and ongoing education from a worker. This is why the business career you choose is so important. It should fascinate you enough to sustain your interest through the planning phase and beyond.

Three issues relevant to planning a business career are:

  • Anticipating consumer needs
  • Understanding psychological motivators for buying
  • Understanding demographics and store-location issues

When your business career depends on retail service, these issues are, of course, essential, but even when your career is in the financial sector, banking, or virtual world, the issues above are still essential. Today’s business career strategists always pay attention to who their consumers are, where they live, and what they are looking for, above all else.

17 AprInventors Can Now Move Right Into Careers in Business

careers in business 300x180 Inventors Can Now Move Right Into Careers in BusinessAt one point it was truly challenging for any inventor or creative person to get a project off the ground. First, one had to convince a corporate entity that an idea was worth the investment, then have a prototype made in cooperation with that company. Inventors simply couldn’t go it alone because of the manufacturing component. But now there is 100kGarages, a community of fabricators around the world that work to empower individual inventors.

100kGarages is comprised of workshops and artisans who have the know-how to create any invention to exact specifications, and they don’t require corporate sponsorship or large batches. They work directly with designers and inventors to turn ideas into actual products. In so doing, they help to create new careers in business and retail where entrepreneurs can sell items made of steel, plastic, wood, or any other modern material, and without a middle man. If your interest is in business, but from the creative inventor’s point of view, 100kGarages could be just the support team you have been looking for.

17 AprRemote Farming is an Unusual, But Attractive Career and Business Idea

career and business 300x228 Remote Farming is an Unusual, But Attractive Career and Business IdeaThose looking to start an unusual but highly lucrative, cutting-edge business, may want to consider remote farming. With this innovative concept, consumers may remotely control a parcel of land and plant an organic garden of their own through the web. Actual farmers follow the consumer specifications to the letter, then deliver the produce harvested right to the customer’s door.

These days, with health and environmental awareness so much an integral part of the fabric of society, and with technology playing a bigger and bigger part in the consumer picture, the idea of remote farming is something whose time has truly come. Not everyone has the time or wherewithal to actually farm a plot, but just as consumers now enjoy playing video games that simulate real sports, they are now finding more and more that the interaction they have with the land through the remote farming concept is enough to satisfy, educate, and actually nourish them. This unusual business idea is only for the truly adventurous, but you know what they say—nothing ventured, nothing gained.

17 Apr3 Great Ideas for Any Emerging Business Management Career

business management career 300x142 3 Great Ideas for Any Emerging Business Management CareerIf you wish to get into business management from an entrepreneurial standpoint, finding that essential product or service to promote is all-important. Today’s new businesses must reflect an understanding of the emerging markets as well as the technology that people require for comfort. Today’s hot enterprises don’t ride the waves generated by fads, but take advantage of trends in order to create ideas and products that grow and evolve over time. Here are three entrepreneurial ideas perfect for the recent business management graduate who is eager to get his or her feet wet in the latest and greatest business ideas.

  • Sampling. They call it “tryvertising” and it is simply a matter of attracting customers with the irresistible attraction of free stuff. Money stands to be made through sample stores, cafes, and vending machines.
  • Discreet green design. Many of today’s homeowners are turned on by the idea of sustainable power, but turned off by the look of solar panels and wind turbines. Discreet design offers innovative new ways to “go green” without losing the sleek, modern look.
  • Temporary retail. When retail outlets rotate in high-traffic locations such as malls and airports, they great constant new venues for themselves and their goods and brands are eager to be seen in the pop-up shop environment.