re-invent yourself by
InternetLord 2015/01/11 12:50
Your goal is to organize your life in such a way that
you enjoy a good income, a high standard of living,
and that you are the master of your economic
destiny rather than a victim of changing economic
times.
Contribution Is the Key
Your job is an opportunity to contribute a value to
your company in excess of your cost. In its simplest
terms, your job is as secure as your ability to render
value in excess of what it costs to keep you on the
payroll. If you want to earn more money at your
current job, you have to increase your value, your
contribution to the enterprise.
Add Value Every Day
If you want to get a new job, you have to find a way
to contribute value to that enterprise. If you want any
kind of job security, you must continually work at
maintaining and increasing your value in the
competitive marketplace.
And here's a key point. Your education, knowledge,
skills and experience all are investments in your
ability to contribute a value for which you can be
paid. But they are like any other investments. They
are highly speculative.
Knowledge and Education Are Sunk Costs
Once you have learned a subject or developed a skill,
it is a sunk cost. It is time and money spent that you
cannot get back. No employer in the marketplace
has any obligation to pay you for it, unless he can
use your skill to produce a product or service that
people are ready to buy, today.
Prepare For Your Next Job
Whatever job you are doing, you should be preparing
for your next job. And the key question is always:
Where are the customers? Which businesses and
industries are growing in this economy, and which
ones are declining?
Where Is The Future?
I continually meet people who ask me how they can
increase their income when their entire industry is
shrinking. I tell them that there are jobs with futures
and there are jobs without futures, and they need to
get into a field that is expanding, not contracting.
Never Be Without A Job
There are three forms of unemployment in America:
voluntary, involuntary, and frictional. Voluntary
employment exists when a person decides not to
work for a certain period of time, or not to accept a
particular type of job, hoping that something better
will come along. Involuntary unemployment exists
when a person is willing and able to work but cannot
find a job anywhere. Frictional unemployment is the
natural level; this includes the approximately 4 or 5
percent of the working population who are between
jobs at any given time.
Three Keys to Lifelong Employment
However, there are always jobs for the creative
minority. You never have to be unemployed if you will
do one of three things: change the work that you are
offering to do, change the place where you are
offering to work, or change the amount that you are
asking for your services. You should consider one or
more of these three strategies whenever you are
dissatisfied with your current work situation.
Action Exercises
Here are two things you can do immediately to put
these ideas into action.
First, look around you at your current job and find
ways to create added value every day. There's
always something more you can do.
Second, identify the kind of work you want to be
doing in the future and then make a plan to develop
the knowledge and skills you will require to do it well.
#2
General Area
A forum for life in general. Post about news, social matters, relationships, lifestyle, or anything on your mind.