HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

Image
  ALL YOU NEED TO KNOW ABOUT DOLLAR AND MONEY MARKET MUTUAL FUND INVESTMENT After our recent seminar on investment, a lot of participants have contacted me to write on the subject for easy reference. Thus, today we'll be focusing on money market and dollar mutual fund investments. Money market investments are short-term, highly liquid assets that provide a safe place to park cash. Dollar mutual funds, on the other hand, invest in a variety of short-term debt securities issued by the U.S. government, corporations, and municipalities. WHYSHOULD YOU CONSIDER INVESTING YOUR FUNDS? Investing your funds can potentially offer several benefits. Firstly, it allows your money to grow over time through the power of compounding. By putting your money into various investment vehicles like stocks, bonds, or real estate, you have the opportunity to earn returns that exceed traditional savings account interest rates. Secondly, investing helps you hedge against inflation. Over time, the purch...

HOW TO NETWORK JOB OPPORTUNITIES

Top Tips on Career Networking

The key to your own job development is ultimately seeking out chances to network with people or other professionals who have different interests and viewpoints. However, networking may be exhausting, and you might not feel like doing it after a stressful day. It's crucial to muster the strength and determination to push through and channel the confidence you need to forge genuine connections while you're sitting at your computer unsure of whether you'll actually attend the networking event you had pencilled in your schedule.
There is a lot of misunderstanding and false information regarding proper work networking as our transition to a digital world continues to progress. Every week with my LinkedIn profile, I notice people reach out in an unprofessional way, destroying relationships that may have been very helpful to them. Find out every tip you need to know to avoid hazardous workplaces. 

What is Career Networking? 

Career Networking simply means the process of building connections and relationships. These relationships may offer you contacts and career guidance, which will aid in your decision-making. Some unadvertised jobs and internships are most of the time found through networking. In a group or one-on-one context, networking is possible. 

Remember:

 1. The currency of real networking is not greed but generosity." -- Keith Ferrazzi
 2. "Your network is your net worth." -- Porter Gale 
3. "My Golden Rule of Networking is simple: Don't keep score." -- Harvey Mackay 
4. "Networking is marketing. Marketing yourself, your uniqueness, what you stand for." -- Christine Comaford-Lynch 
5. "Networking is not about just connecting people. It's about connecting people with people, people with ideas, and people with opportunities." -- Michele Jennae 
6. "Networking is a lot like nutrition and fitness: we know what to do, the hard part is making it a top priority." -- Herminia Ibarra 

To analyse this case in ampler depth, I recently joined a group of professionals as a career research Senior Analyst, networking for a job and building a supportive community to help. I will share some of these tips here, hoping they will be resourceful for someone. 
 I've listed my opinion of the most crucial networking advice below to assist you to find new mentors, sponsors, and ambassadors who can help advance you and your work:

Tip: 1 

Quit avoiding networking opportunities.

If you want to create a profession that will grow along with you and is truly rewarding, you must comprehend why networking is so important.

Recent studies have shown that up to 80% of employees are not obtained through internet applications but through personal and professional connections and that 70% of jobs are not published publicly. This simply means that possibilities to learn about perfect roles, have the chance to apply for them and have the opportunity to interview for them may come through networking.

You need to surround yourself with inspiring and talented employees if you desire to secure jobs, evaluate candidates, and advance professionally. For the past ten years, Judy Robinett, best-selling author of How to Be a Power Connector and Crack the Funding Code, has been one of my top mentors. Instead of focusing solely on connecting with people, she advises us to "get in the right room" in order to advance our careers and professional pursuits.

Regardless of your professional stage, if you want to have a thriving, meaningful career, you absolutely need to build a network of individuals who can support, advise, and inspire you.

A strong network enables you to:

  1. Discover interesting new positions of interest;
  2. Investigate employers and cultures; 
  3. Connect with people already working for your ideal company or in your desired field; 
  4. Come to the realization that you are deserving of more opportunities than you initially thought, and 

Present yourself more persuasively.

Unfortunately, there are a lot of reasons why thousands of people avoid networking. They circumvent it first because they believe it to be profoundly stressful or unsavoury and awkward. Additionally, introverts frequently feel that networking is opposite to their preferred personal style.

Tip: 2  

It is crucial to keep in mind that this is not going to be your last job. 

You require a network of mentors or sponsors to open doors you cannot open on your own and prevent the mistake of staying too long in a dead-end role or organization. Another vital point to remember about networking is that professionals who are dissatisfied with their jobs often remain isolated for years. This isolated life makes them fail to build the relationships they require outside of their current organization to help them escape those unsatisfying situations.

Many unfulfilled and disengaged professionals believe they do not know how to talk about themselves or their accomplishments and talents in compelling and positive ways, so they hide and remain stuck for years.

This is one of the seven most damaging power gaps that 98% of professional women (and 90% of the men I've studied) face today, preventing them from reaching their highest, most rewarding potential, according to my research. This "hiding" behaviour is known as the Power Gap: According to my most recent survey on isolating from Influential Support, 71% of professional women worldwide are experiencing it today. Furthermore, when I ask unsatisfied professionals who their role models are, the most common response is, "I don't have any." When we lack role models, we limit our access to crucial data and great examples of innovative ways to operate and contribute professionally.

If you want to land ideal roles that excite and stretch you- this has to change. You must fully comprehend what you excel at, the improvements and upgrades you bring, and why hiring managers should choose you over someone else. And networking will be beneficial in this regard.

Take steps this week to improve how you operate at work and how you present yourself online about your work. Are you demonstrating that you are engaged, committed, and enthusiastic about your work showing that you are a thoughtful leader, a contributor, and an inspiring manager?

List the top 50 people in your career who have been the most helpful, make a connection and share how they have positively impacted you as a starting point. On LinkedIn, endorse and recommend them. Every week, perform a random act of kindness and offer an unprompted and generous endorsement.

Follow and share the posts of 50 top thoughtful leaders and influencers in your field (or the career path you want to venture).

Tip: 3

Take note of some important Dos and Don'ts for job seekers who want to effectively network.

Top Don’ts 

Don't approach a complete stranger and ask for a favour right away. Make a connection first by being of generous service.

 Don't make a hard pitch to someone right after you've connected with them. Nobody wants to be hawked. You'll forever burn bridges. 

Don't use canned language; instead, be original, creative, and authentic.

 Don't ask a stranger you've just met to recommend you for a job or to introduce you to the hiring manager. People will not risk their lives for someone they have never met. 

Do not approach a stranger and ask them to "pick their brain." Recognize that many of the people you're seeking information from make a living by providing this type of consulting.

Do this: 

  • List 50 persons you'd like to connect with and help in some way (share their content and add your thought leadership, etc.)
  • Do become a member of organizations, societies, and groups in the field of your choice and take an active role in them by participating in discussions and offering insightful responses to queries.
  • Do keep in mind to network with a diverse group of people in and outside of your field that you like and appreciate. By helping share their work, you may show them your potential.
  • Do suggest those who have had a favourable effect on you, as well as endorse them for important abilities.
  • Don't use your work title in your headline on LinkedIn. You are more than any single job. 

Tip: 4

Be someone who is easily assisting.

Overall, the key takeaway is to not be lazy or passive in your search and evaluation of jobs that will help you thrive in your career. 

Do everything you can to achieve professional success and begin an exciting new chapter.

Here's how it's done:

Create an ideal job description for what you want to do next, including all of the criteria, qualifications, areas of expertise, and so on and share it widely with your mentors.

Take steps to close power and skill gaps if you do not have all of the qualifications for the job you want. 

To develop those skills, take a class, obtain a certification, volunteer, intern, etc.

Remember to look for work.

Do not forget to apply for jobs even if you could only meet 50%–60% of the requirements. 

Men frequently apply for jobs even if they only meet 60% of the requirements, according to research, whereas women typically only apply for positions if they meet 100% of the requirements.

 Don't commit that error. Take on challenging roles. Jobs are frequently designed and customized for the ideal applicant.

Make a list of the 20 companies you'd most like to work for, and then search among your current contacts (people you already have such a relationship with) for somebody who may know someone who works there whom you could contact.

Make sure you've done your research by reading up on the companies you're interested in on sites like LinkedIn, Glassdoor, and salary.com.

Tip: 5

Finally, understand that how you feel about yourself internally and how you present yourself externally are intricately tied to your success in your job hunt and career.

Identifying and expressing your fundamental value and the constructive contribution you can make to a new workplace is crucial.

Get assistance if you lack confidence, self-worth, and a clear understanding of what you have to offer and if you need to improve your ability to explain what you bring to the table and how you differ from the competitors, then you need to close your power gaps and take audacious action now to go beyond your perceptions of your capabilities.

Doors will open, and your potential will soar as soon as you do.

 Read Also: TIPS TO BECOME A CHAMPION: Success Manual for Aspiring Achievers

 Tips on How to Land Yourself a Dream Job| Learn How you can get that Dream Job

Kingsmond Ehimare is a career and leadership coach, speaker, and educator.

 This intellectual property belongs to KCmond Consulting.  No part of it is expected to copy or publish without the sole permission. 

 

 

Comments

Popular posts from this blog

ABOUT BLUME DISTRIBUTION LIMITED

WHAT YOU NEED TO KNOW ABOUT BLUME NIGERIA PRODUCTS

5 TOP SECRETS TO BECOME A SUCCESSFUL ENTREPRENEURIAL

Recently

ABOUT BLUME DISTRIBUTION LIMITED

WHAT YOU NEED TO KNOW ABOUT BLUME NIGERIA PRODUCTS

HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

7 BRANDING STRATEGIES TO GROW YOUR BUSINESS

Types of Facial Mask for a Specific type of Skin and How to Use it

HOW TO CREATE A BREAKEVEN BUSINESS PROPOSAL | EASY STEPS