Wednesday, October 26, 2011

Brainstorming

Brainstorming is useful when you are trying to think of a new business venture.  You can look at your own daily routine and ask yourself, what would be a better way of doing this?  Your answer may be the beginning of a new business or even an invention.  Many people think of new ideas but never follow through to make their idea a reality.   In other words, the idea was only a dream and had no action steps attached to it. 
Brainstorming is something that should be done on a regular basis if you want to think of new ideas. 
Companies often brainstorm in meetings to solve various problems.   Individuals can also get together with supportive people to brainstorm.  It is said that two heads are better than one.  So find people in your life who can benefit from brainstorming sessions.  The results should benefit all and trains the brain to be more creative.  Thinking outside of the box applies here.

Tuesday, October 18, 2011

New Jobs?

There are monthly reports on how many new jobs were created the previous month some of which go unfilled due to lack of applicants.

One day I was on a government website attempting to obtain instructions for doing business in my state.  I was amazed at the choice of possible business enterprises that could exist in the area.  Here is a partial list.
Bait dealer
Reinsurance Co
Fishing guide
Milk hauler
Welding service
Fuel transporter
Soil tester
Timber harvesting
The point for the list is that I wonder if many younger people do not know about such businesses and are missing out on opportunities.  Some of these businesses may exist in more rural areas, but work is work.  People relocate for work and it may be well worth is for some.

Thursday, October 13, 2011

You're Hired, Now What?

After months of looking for work, you finally get a job offer.  While that is great news, it does not mean that you should relax.  Due to the state of today's job market, no job is permanent.  Once hired at a new job, you still need to have a plan for any possible future lay-offs.  That is not to say that you should be paranoid, rather you should be thinking of the future.  Your new plan should include a plan for a side business venture, a plan to obtain more training, or some type of financial investment. 
The point of this is to avoid being dependent on one source of income.  When a job ends, it is critical to have another source of income.   Too many people have experienced this vary scenario.   What about a married couple working at the same company and they both get laid-off?  In such a case the household is devastated when the income stops.
A good thing about this economy is that there are many lessons to be learned.   One of the biggest lessons is to have other income sources. 
We all have to change the ways that we conduct our financial lives.  Otherwise, we will be at the mercy of a company concerned with their own bottom line.

Wednesday, October 5, 2011

Time for Action

To say that is a time for action is an understatement.  For those affected by the bad economy, finding work has been out of their reach for too long.  If you tell people that you are out of work, their reaction may not be that sympathetic due to the large numbers of people in the same position.  With that being said, "what can be done to improve the situation of the unemployed?"
  1. A jobs bill can be passed by the federal government.
  2. People can return to school for more training.
  3. People can get together to invest, or to start business.
  4. Individuals can start a home business
  5. You, I and the government can do nothing.
My favorite ideal from the above list is for individuals to start a home business.  This puts control of one's fate into their own hands.  Many people who will have no luck finding a job can easily improve their odds by starting a business.   What is the alternative when no one will hire you?   

Times are tough, but the tough keep going.  Of course, this line of thinking is of little use to anyone looking for answers.   Those who do understand what's going on they can help their friends explore options.  The time for action for most of us is now.  There our opportunities for those with a vision, the motivation and an urgent need.