6 Signs You're in the Wrong Career
By Chris Kyle
Sign #1 - You want to make more money.
There's nothing wrong with wanting a bigger paycheck. It may not happen overnight, but if you're committed to this goal there are things you can do to work toward it.
Solutions:
As a general rule, the more advanced degree you earn, the more money you'll make. This is true in almost every field including nursing, business, health care, and criminal justice.
Management-level jobs also mean more money, so consider enrolling in an MBA program.
Fields such as finance and accounting have some great salary numbers - especially at management levels.
Average Salary:
Office Managers: $45,790 Financial Analysts: $73,150 General Managers: $91,570
Sign #2 - You are bored with your job.
Watching the minutes melt away at work isn't just boring; it's bad for you and bad for your company.
Solutions:
Whether it's transitioning to another job in your company, or making a career change, pursuing your passion is a good place to start.
Julia Child didn't learn how to cook until the age of 37, when she enrolled at Le Cordon Bleu. If you love the culinary arts, consider going to cooking school.
Take the time to discover what moves you - and what careers can make use of your skills - whether it's graphic design, web design, interior design, or something else entirely.
Associate's Degree in Graphic Design
Culinary Arts Certificate
Average Salary:
Photographers: $29,440 Chefs: $38,770 Graphic Designers: $42,400
Sign #3 - You are getting passed over for promotion.
No matter the job or the circumstances, watching others leapfrog you at work is a difficult thing to endure.
Solutions:
The key is to demonstrate that you deserve a promotion. Let your boss know that you have aspirations to move up and ask for areas where you can improve your performance.
Consider adding to your qualifications by getting a certificate or degree.
For those looking to move into management, you can handpick the MBA program that's right for you, whether it's management, marketing, or human resources.
Keep in mind that many companies offer tuition assistance plans to ease the cost of going to school.
Average Salary: Sales Managers: $97,260 Financial Managers: $99,330 Information Systems Managers: $112,210
Sign #6 - You dread waking up in the morning.
Hitting the snooze button isn't a warning sign that you're in the wrong career, but having recurring nightmares about your job could be a signal that it's time to make a change.
Solutions:
Do a self-assessment or talk to a career counselor. What's bothering you at work - and why? If it's time to change careers, make sure you look before you leap.
Getting a degree can arm you with the skills and confidence you need to make the transition.
Going to school at night or online may allow you to keep your current job while looking for a new one.
Read More>>
Money: CNNMoney's Advice for Small Business Owners
Looking Beyond Loans to Finance Your Business
Even in the best of economic times, it's not easy for startups to win bank loans. Most lenders look for a long track record of earnings, and some don't lend to new firms at all. But you can improve your odds by investing your own cash, building banking relationships, communicating a compelling business vision, and courting local investors.
"No one should go into a bank and expect 100% financing," says Bob Seiwert, senior vice president of the American Bankers Association, a Washington, D.C.-based trade group. "Bankers are lending shareholder and depositor money, and they want it returned on time. They get paid to take prudent risks, but they don't get paid to make equity investments."
In short, you need to invest in your enterprise before seeking others' support. Seiwert also recommends seeking out an experienced small business lender who uses the Small Business Administration's loan guarantee programs.
For instance, businesses that can't find bank loans can still apply online for loans from microfinance institutions like Accion USA. Premal Shah, president of Kiva, a global organization that helps people make loans to individuals in developing countries, also suggests visiting Prosper.com, a person-to-person lending site.
"It's the eBay for loans," he says. But first, try to boost your sales, he recommends. "It's very attractive to a lender [if] you've found alternative revenue streams. It shows you're a good entrepreneur."
Read More>>
http://www.cnnmoney.com/ for more finance tips
No comments:
Post a Comment