job & interview

Why Baby Boomers Can Be Great Entrepreneurs

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Why Baby Boomers Can Be Great Entrepreneurs</h1>
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Increasingly, this generation is dipping its collective toes into the entrepreneurial waters.</h2>
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<span style="font-size: 14px; line-height: 1.5;">When Lehman Brothers collapsed in 2008, so did the career of Lynn Zuckerman Gray, who was the global chief administrative officer for a division of the firm at the time.</span></div>
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After her 11-year tenure with Lehman Brothers ended, and with few employment options, Gray, 64, took steps the following year to start Campus Scout, a New York-based college recruiting service for employers.</div>
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"I think to some extent, I had no choice," she says of the move to start her own business. "I'm not one who sits around much."</div>
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Gray's case speaks to a growing trend among baby boomers of taking on the title of entrepreneur.</div>
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While overall entrepreneurship in the U.S. is down, there has been an increase among boomers. A report earlier this year from the Ewing Marion Kauffman Foundation, an organization that studies entrepreneurship, found that adults ages 55 to 64 comprised 23.4 percent of all U.S. entrepreneurs in 2012, compared to 14.3 percent in 1996, a larger growth rate than any other age group.</div>
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The increase is partially due to financial need. While the U.S. unemployment rate among boomers was significantly lower (4.9 percent) than the national average (7 percent) in November, boomers suffered financially during the Great Recession, losing 25 to 28 percent of their median net worth, according to a 2013 study by Pew Charitable Trusts. The majority of people retiring today "do not have the financial means to underwrite 20 to 30 years of their lives," says Elizabeth Isele, co-founder of Senior Entrepreneurship Works, a nonprofit that helps seniors age 50 and older start businesses. But others, who may be in better financial shape, are becoming their own boss to pursue an occupational dream years in the making, she notes.</div>
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For baby boomers on the fence about starting a business or pursuing an entrepreneurial idea, here are some reasons you can excel.</div>
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<strong>Willing to take on risk. </strong>Starting a business has its share of potential landmines, such as selling a product that struggles to attract customers. But baby boomers have a penchant for risk-taking when it comes to their current jobs. According to a survey released in February by job search engine Monster.com and Millennial Branding, a Generation Y research and consulting firm, 43 percent of boomers identified with being high-risk, compared to 40 percent of Generation X and only 28 percent of Generation Y who felt the same way.</div>
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As Isele explains, baby boomers who took risks in their careers are more adept at assessing their risks. But there's also an element of fatalism. "There is an end in sight to their life. And they figure, 'If I don't risk this now, I will never have this opportunity again,'" Isele says.</div>
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<strong>Applicable work experience. </strong>After being laid off from the national design firm DLR Group in 2002, Delena Stout, 56, started her own business the following year, Brookside Barkery & Bath. Over the course of a decade, the Kansas City-based dog bath and all-natural pet food store has expanded to multiple locations, gained more than 25,000 customers and generated millions of dollars in profits.</div>
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But it was Stout's past work life, which included time in retail, accounting and business development, that proved critical in her later success as a business owner. "Every job that I've had brought me to the point of where I am today," she says.</div>
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<strong>Motivated to avoid boredom. </strong>Only 14 percent of baby boomers say retirement is a time to "retire and enjoy a well-deserved rest, take it easy, pursue leisure activities and take care of myself," according to a 2011 report from encore.org, a nonprofit that focuses on baby boomers.</div>
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"Some people retire and find that they're bored to death, and they want to stay active and mentally engaged," says Mary Beth Izard, author of "BoomerPreneurs: How Boomers Can Start Their Own Business, Make Money and Enjoy Life" and founder of Acheve Consulting, an organization that works with aspiring entrepreneurs. From lining up financing to marketing a product, you'll have more than enough work to consume your time and keep boredom at bay.</div>
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<a href="http://money.usnews.com/money/careers/articles/2013/12/10/why-baby-boomers-can-be-great-entrepreneurs" rel="nofollow" target="_blank">View the original article here</a></div>

Why Baby Boomers Can Be Great Entrepreneurs

Why Baby Boomers Can Be Great Entrepreneurs Increasingly, this generation is dipping its collective toes into the entrepreneurial waters...

7 Tips for Job Hunting While Still Employed

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7 Tips for Job Hunting While Still Employed</h1>
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Here’s how to tactfully shield your search from your employer.</h2>
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<span style="font-size: 14px; line-height: 1.5;">In today's workforce, it's not uncommon to look for a new job while currently holding one. In fact, about 73 percent of employees don't have a problem searching for new employment before leaving their current firm, according to a survey released in July by the staffing firm Accountemps.</span></div>
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Such employees have the best of both worlds: They can test the job market waters in hopes of finding something better, while holding onto a job they may genuinely like. Andy Teach, author of "From Graduation to Corporation," says employed job seekers are in a good position. "If you don't get the job you're looking for, you can always fall back on your present job," he says.</div>
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Still, engaging in this job seeking practice could backfire. Even if you're universally liked in your office, the revelation of your job search could cause feelings of resentment, damage your reputation and possibly lead to your dismissal.</div>
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To ensure your search is both tactful and discreet, follow the steps below.</div>
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<strong>Maintain a positive attitude.</strong> It's natural that your enthusiasm for your current job may slip once you've decided to bolt, notes Patti Johnson, CEO and founder of PeopleResults, a Texas-based human resources firm. But don't wear that attitude on your sleeve. Continue to excel in your current position and diligently complete your work on time. Also, take on additional assignments, like mentoring a new co-worker, to prove that even in the midst of your departure, you've remained fully committed to the company. "You want to make sure that there's no visible sign that, internally, your heart's not in it," Johnson says.</div>
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<strong>[See: <a href="http://money.usnews.com/money/careers/slideshows/the-10-worst-times-to-switch-jobs" style="color: #005ea6; text-decoration: none;">The 10 Worst Times to Switch Jobs</a>.]</strong></div>
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<strong>Don't let your job search enter the office. </strong>Save your search time for your house or a local coffee shop. A snooping employer may catch on if you're using the company's email, phone line and/or fax to facilitate a job search. "You don't want to use any company materials to look for a job," Teach says. "Those obviously can be traced, and a lot of companies track Internet usage."</div>
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Plus, your search won't be productive when you're conducting it in a state of paranoia, according to Jaime Petkanics, a career advisor and founder of The Prepary, a website devoted to job search advice. "I think all aspects of the job search require focus, and if you're worried about someone coming by, or pausing to pick up a phone call, or complete a task, you're not going to give searching, résumé updating (or whatever else) the attention it deserves," Petkanics writes in an email.</div>
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<strong>Stay quiet on social media.</strong> While you may not directly interact with your boss and colleagues on social media sites such as Facebook, LinkedIn and Twitter, that doesn't mean they aren't viewing your profile. It's even easier for them to see your activity if you fail to activate your privacy settings or if you share mutual acquaintances who acknowledge your search through a post or tweet. "Even if you don't think people from work are in your networks, it's best not to post anything that indicates you're looking for a job on any social media outlets," Petkanics says.</div>
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<strong>Don't list your present employer on your references list. </strong>"If you're interviewing with another company, you want to let them know, 'Please don't contact my present employer,'" Teach says. Instead, fill your roster of references with previous employers. If you're determined to demonstrate success at your current job, direct hiring managers to a key recommendation or endorsement on your LinkedIn profile that you received from a boss or colleague.</div>
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<strong>[Read: <a href="http://money.usnews.com/money/blogs/outside-voices-careers/2013/10/24/the-job-seekers-guide-to-mastering-interview-image" style="color: #005ea6; text-decoration: none;">The Job Seeker's Guide to Mastering Interview Image</a>.]</strong></div>
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<strong>Keep in line with the company dress code. </strong>Wearing a suit to an office that embraces business casual attire will only ignite suspicions on your job interview day. "If you dress informally, and one day you show up with a suit or tie, that's going to raise some red flags," Teach says. "You don't want to dress any differently than you normally would." Whether you're directly leaving work before the interview or returning after, find an offsite location where you can change. If time allows, return home or turn the backseat of your car into a dressing room.</div>
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<a href="http://money.usnews.com/money/careers/articles/2013/10/30/7-tips-for-job-hunting-while-still-employed" rel="nofollow" target="_blank">View the original article here</a></div>

7 Tips for Job Hunting While Still Employed

7 Tips for Job Hunting While Still Employed Here’s how to tactfully shield your search from your employer. In today's workforce...

Surviving the Holidays With Your Job Intact

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Surviving the Holidays With Your Job Intact</h1>
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The do’s and don’ts of making it to the new year while preserving your professional reputation.</h2>
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<span style="font-size: 14px; line-height: 1.5;">Enduring the holiday season isn't just a challenge we face in our private time, it's also one we grapple with at work. While there's plenty of good tidings to go around, there's also a swell of anxiety and awkwardness in the air.</span></div>
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Below are the three most common trouble areas for how the working world celebrates the holidays, plus do's and don'ts to make it to the new year with your job and professional reputation intact:</div>
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<strong>[See: <a href="http://www.usnews.com/money/careers/slideshows/the-dos-and-donts-of-surviving-the-holidays-at-work" style="color: #005ea6; text-decoration: none;">Do's and Don'ts of Surviving the Holidays at Work</a>.]</strong></div>
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<strong>Vacation Time</strong></div>
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Carole Delouvrier, one of the manners and etiquette experts behind the website Right or Rude (www.rightorrude.com), says taking time off during the holidays is sacrosanct. "It's for spending time with family or getting some rest – a time of year when your boss should be more flexible." Still, many departments can't stop working completely at holiday time, plus your boss has the vacation needs of an entire staff of Christmahanukwanzadan-celebrating employees to coordinate and monthly goals to strive toward. If you want to ensure you're one of the lucky employees to take personal days, then make your requests early. Delouvrier suggests asking in October, so that your needs are considered well before Thanksgiving and the winter holidays. When talking with your boss, "have a plan in place for how work will continue to get done, and be as flexible as possible with what you're requesting," she says. "Also ask if your boss will make a decision by a certain deadline, so that you may make travel plans."</div>
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Be extra nice to whichever one of your colleagues has been left behind to cover for the work you'll miss. Diane Gottsman, etiquette expert and owner of The Protocol School of Texas, recommends that you compile a work binder or digital folder of how-tos for your basic duties, so that your co-worker has materials to reference while you're out. "This is something that can be used for vacation time at the holidays or any other time, plus you can use it for a step-by-step guide of what's expected if you're out for illness," she says. "It's also a great training manual for future employees. Really, creating this binder is just a win-win."</div>
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<strong>Last-minute tip:</strong> If you didn't submit your request for time off early, consider asking for flextime during the holiday. Perhaps you could telecommute or stagger your hours so that you might still celebrate away from work.</div>
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<strong>[Read: <a href="http://money.usnews.com/money/blogs/outside-voices-careers/2013/12/11/7-tips-for-navigating-the-office-holiday-party" style="color: #005ea6; text-decoration: none;">7 Tips for Navigating the Office Holiday Party</a>.]</strong></div>
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<strong>Holiday Parties</strong></div>
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If your employer is kind enough to host a holiday gathering, then you should do your utmost to attend, "even if it's after hours or on the weekend," Gottsman says. "It's an indicator that you value your team and the people you work with." Wendy L. Patrick, business ethics lecturer at San Diego State University, says the holiday party is "an opportunity for team building. This is your chance to interact with those co-workers that you wouldn't interact with otherwise. The important connections that you build in your career don't happen in the office hallway, but at social events."</div>
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But the keyword of the office holiday party is "office," not "party," so mind your professional Ps and Qs. Arrive on time, wear something respectable and ration your trips to the bar, because you don't want to careen from the life of the party to the butt of the next-day's water cooler jokes. If you're unsure of whether you should drink or abstain altogether, follow your supervisor's lead, then stay at least a drink behind him or her. Also stick to beverages you know you can tolerate. "Now isn't the time to try out a signature cocktail," Patrick notes. "If the company culture is to allow employees to drink, keep what you order very practical."</div>
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<strong>Last-minute tip: </strong>If you don't drink, then you have your own set of obstacles. To ward off unwanted questions, Patrick suggests nursing a virgin cocktail as you network. "Order sparkling water or sparkling apple cider from the bar, or bring a drink you like with you and carry it around. It's a magic pill against hearing the 'why are you not drinking?' question," she says. If people still ask, "tell them that what you're drinking is your favorite. That shuts down any further inquiries."</div>
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<a href="http://money.usnews.com/money/careers/articles/2013/12/16/surviving-the-holidays-with-your-job-intact" rel="nofollow" target="_blank">View the original article here</a></div>

Surviving the Holidays With Your Job Intact

Surviving the Holidays With Your Job Intact The do’s and don’ts of making it to the new year while preserving your professional reputati...

Interview Tips – Consider Timing to Interview Your Best

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<a href="http://www.interviewbest.com/?p=5178" style="color: rgb(51, 51, 51) !important; line-height: 50px !important; margin: 0px; padding: 0px; text-decoration: none;">Interview Tips – Consider Timing to Interview Your Best</a></h2>
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“Life is all about timing… the unreachable becomes reachable, the unavailable become available, the unattainable… attainable. Have the patience, wait it out. It’s all about timing.”<br style="margin: 0px; padding: 0px;" /><strong style="margin: 0px; padding: 0px;">Author Unknown</strong></div>
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The job selection process is typically long and agonizing particularly when a person is unemployed. Even if a selection process goes as scheduled, it can take 6-8 weeks to select a final group of candidates (from 100s of resumes), get candidates through multiple rounds of interviews with multiple interviewers, decide on the winning candidate and work through the job offer. With travel schedules, organizational changes, communication glitches, and general disorganization the selection process can stretch to 3-6 months. Many candidates have been surprised by a phone call in reference to a position to which they had applied but had totally forgotten over a long period of time and numerous unreturned inquiries.</div>
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Exacerbating this long agonizing process is an almost universal lack of communication. I remember interviewing for a job and being told after my interview on a Tuesday that the selection committee would be meeting that Friday to make a decision. Monday rolls around no word; Tuesday Wednesday passes no word. Finally, I call Thursday only to be told the meeting was canceled and rescheduled for next week. Nice of them to let me know! I have heard dozens of stories about difficulty contacting hiring managers to follow-up on interviews and not being notified of negative hiring decisions. Based on all the time, effort, and emotion job seekers put into interviews, the lack of contact borders on the inhumane.</div>
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So what is the solution? The best solution is for hiring managers to be empathetic and do the right thing. As soon as a decision is made, let the losing candidates know. Not being selected is bad, not knowing makes it worse. If you absolutely cannot handle picking up a phone and giving difficult news, send a letter or email. If you want to be a real human being, call the losing candidate and give them feedback about why they were not chosen. This will give them valuable information they can use minimally in their job search and maybe in their career and life in general. Why take the time out of a busy schedule conquering the business world to give feedback to a losing candidate? I could give you numerous reasons related to your company’s image and brand, your company’s ability to attract talent, what will be written about your hiring process on <a href="http://vault.com/" style="color: rgb(51, 51, 51) !important; margin: 0px; padding: 0px; text-decoration: none;" title="Vault career information">Vault.com</a>, etc. However, bottom line it is the right thing to do and you will actually be happier having done the right thing.</div>
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Ok, so given that there will still be hiring manager that won’t step up, what is a candidate to do? First and foremost, and this is important, do not take it personally. Companies are almost universally lousy in communicating with candidates- it is not you or anything you have or have not done.</div>
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Second, be sure in your interview to ask questions about the hiring process and when and how you should contact the hiring manager to follow up. When they tell you when and how to contact them you can begin your contact with, “just as you requested…”</div>
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Third, realize that job search takes a lot longer than you had anticipated and your sense of time is distorted. In the throes of job search, a day seems like a month. When you were working and you set up a meeting for next week, it was part of the natural business rhythm. When an interview is set up a week from now, it seems like an eternity especially if it is rescheduled for the following week, which is not unusual.</div>
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Forth, there is a natural tendency to call hiring managers too often and too urgently. Talk with a trusted advisor and ask for advice and direction. An objective advisor can help you be more rational and set up a contact schedule that is reasonable and professional.</div>
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I often tell people that job search is about 1000 times more difficult than working. This is true for numerous reasons that will be the subject of subsequent entries. However, for the subject of this entry, the lack of communication and feedback adds extra angst to the already difficult job search process. However as Sir John Lubbock said, “When we have done our best, we should wait the result in peace.”</div>
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<a href="http://www.interviewbest.com/?p=5178" rel="nofollow" target="_blank">View the original article here</a></div>

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