Wednesday, August 16, 2017

Financial Steps to Take if You Plan to Quit Your Job



If you’re planning to leave your current job, either to take a new job or to step out as an entrepreneur, you’ll want to assess your financial situation.

Consider taking the following steps to ensure you’re in a good financial place to make the move.

Create a budget. Some studies have shown that about two-thirds of us do not have a budget. This is an important first step to determine your income needs and to aid in salary negotiation with your next job. You’ll want to know how much money you need to make so you can pay your bills. In addition, creating a budget will help you determine anything you’re wasting your money on and ways you can decrease your spending so you can take the following step.

Save. You’ll feel much more confident with your next step if you’ve built up a nest egg of savings. If you have enough in your savings to pay your expenses for at least six months you should be fine, depending on your next plans. If you don’t have much in savings right now be proactive and look at your expenses. What can you get rid of? Maybe you can go without cable service for a few months, or perhaps pack your lunch rather than eating out every day. You can likely find some creative ways to reduce your expenses.

Live simpler, cut back, and sell. To continue with the point above, make eBay or craigslist your friend. This is a great time to inventory the things in your home and determine what you can sell to bring in a few extra dollars. This might be some CDs or DVDs gathering dust, or perhaps that old laptop you no longer use. Take a look around and see what can be converted into some cash for your savings.

Evaluate 401k options. If you have a 401k with your current employer speak with a financial planner about the implications and options related to leaving your money with your old company’s plan or moving it to an IRA.

In addition to the steps above you might consider speaking to a financial adviser in order to develop a specific financial plan that fits your situation.

Monday, August 14, 2017

Daily Leap Career Video of the Week: 5 Morning Success Hacks from Millionaires

Each week we present our Daily Leap Career Video of the Week. The video we share presents news or advice related to career and life development, searching for a job, the economy and employment, and other career-related topics.

In the video below from Entrepreneur learn how millionaires set up their morning routine for success in life, career, and business.

Friday, August 11, 2017

High 5 Weekly Career Transitions Roundup: 10 Unmistakable Signs You've Stayed at Your Job Too Long

This is our weekly roundup of some of the best career-related articles, interviews, blogs, etc., we've read during the week. We share them so you have some great resources to prepare you for the coming week. Enjoy!

Wednesday, August 9, 2017

5 Tips to Communicate Effectively By Email


If you’re like many of us your email inbox is overloaded with messages you’ve been planning to respond to for days (or maybe weeks?) and sometimes it feels like our lives are run by email or text.

There are definitely some benefits to email (its speed and the ability to communicate with a group, for example) but unless we understand how to email effectively we’re just contributing to an overload of unnecessary communication crowding our inbox.

Here are several tips for communicating more effectively by email.

Write a clear subject line. Ensure that the person you’re communicating with can understand the purpose of your message by looking at the email subject line. It also helps you to organize and archive your emails more effectively. Instead of using “hey” as your subject consider something more specific like “Question about Project XYZ” or “Status of budget on Project ABC”.

To avoid miscommunication write in complete sentences. It’s difficult enough to communicate clearly and effectively in complete sentences but it’s made even more difficult when we write in half sentences with questionable grammar, or utilize slang or emojis. Keep your communication clear and brief and not only will you communicate more effectively with your colleagues, but you’ll likely also have a leaner inbox.  

Only include those who need to see the email. Too often we resort to cc:ing too many people in emails, resulting in frustration for those who don’t really need to see a string of fifty messages on a subject they have no direct involvement with. Limit your emails to those who need to know.

Tag important emails when needed. If your email is important use a tag to indicate its high priority and in your message be sure to let the reader know of the significance of your request or information. Another option is to make a note in the subject line that you require a response. Your subject line might read: “Status update needed for Project XYZ; response needed within 24 hours”.

Handle more complicated discussions in person or by phone. Of course, when necessary and possible, stop by your colleague’s desk or give them a call. It can be frustrating to get an email asking a simple question from the colleague sitting in the cubicle next to you. For more detailed discussions email is not effective. Set up a face-to-face meeting or a conference call, and then follow-up with the key points in an email to ensure clarity on key points.


Finally, take initiative and only email when necessary. In some situations you simply need to act and sometimes we email others out of uncertainty about our level of authority or knowledge on a project. Limit your emails and learn to communicate more clearly and effectively and you’ll make your work life more efficient, while also improving your work environment for your colleagues.

Monday, August 7, 2017

Daily Leap Career Video of the Week: How to Be Persuasive

Each week we present our Daily Leap Career Video of the Week. The video we share presents news or advice related to career and life development, searching for a job, the economy and employment, and other career-related topics.

In the video below Ben Angel offers a simple technique you can use immediately to become more persuasive. Check it out:

Friday, August 4, 2017

High 5 Weekly Career Transitions Roundup: 3 secrets of Every Successful Job Search or Career Change


This is our weekly roundup of some of the best career-related articles, interviews, blogs, etc., we've read during the week. We share them so you have some great resources to prepare you for the coming week. Enjoy!
  • 5 Habits of Successful People: "your daily habits help determine how you run your life. Ask yourself a couple of questions: a) what does success mean to me? and b) is there anything in my daily routine that I need to change that will help me become more successful?"

Wednesday, August 2, 2017

Six Ways to Be a Great Coworker


To be successful in your career you need to learn to work well with others, similarly to when report cards noted when an elementary school student could play well with others.

It is unlikely that your career will lead you occupy a solitary position that doesn’t require you to work closely in collaboration with other people. Your ability to be a good colleague and coworker can significantly benefit your career and help you enjoy your job.

Here are six ways to rock the workplace as a great colleague.

Share the credit. Your success is not your own and is made possible by the support of others working with you. Be sure to recognize and acknowledge the others that help you successfully complete your tasks and projects. 

Be supportive and help out. In turn, offer your assistance to your colleagues and volunteer to help out with other projects when possible. Stay alert to co-workers who might be struggling with a particular task or project and step in to support them.
   
Let your guard down and be social. Some people try to keep their professional and personal lives separate but it’s important to be authentically you in the office. It’s difficult to develop meaningful relationships with colleagues without sharing some details about your personal life and finding some things to bond over. Develop these relationships by socializing with your colleagues at lunch, for dinner and drinks after work, and at the company-wide holiday party.

Smile and be kind. Your generous smile and greeting to a passing coworker can help ease a stressful day and brighten the office for others. Showing kindness to your colleagues is a simple way to build rapport and contribute to a positive work environment.

Offer what you know. You don’t need to have a formal mentoring relationship with someone to provide them with some training and offer guidance. You don’t want to come across as a know-it-all but be willing to share your skills and knowledge with others who could benefit from it.

Communicate effectively. It’s impossible to overestimate the importance of learning how to effectively communicate with you colleagues, customers, and supervisors. Developing positive ways of communicating with others will enable success in many other areas of your career.

Implement these practices and you’ll develop a reputation around the workplace as someone others look forward to working with.