Browsing Tag

life after college

Career Other

What Skills Can Students Learn to Appeal to Tech-Savvy Companies?

May 12, 2020

Graduation is approaching and if you haven’t thought about companies you want to work for, now might be the time to start. 

Do you want to work for a progressive company? Do you want to reap the benefits of remote and flexible work? Maybe you’re interested in having advanced technology and an engaging office environment. If this sounds appealing, you should consider adding tech-savvy companies to your list. 

As you can probably guess, it’s not as simple as applying to companies you want to work for. Oftentimes, you have to take steps to make yourself and your application more attractive to specific companies in order to score the position you want. 

Here are some of the top skills you can learn to appeal to tech-savvy companies. 

Cloud Computing

Cloud computing has become popular in many companies, as it enables safer storage of company data, along with remote access to company platforms. The popularity of the product means that the field will only continue to grow. 

Even if you don’t want to work directly with cloud computing, showing an employer that you understand how to safely manage your devices and company information will make you a desirable job candidate. You can look for certification courses online, many of which are now offered entirely online through virtual courses. Some of the most popular certifications include AWS and Azure. 

Adding these certificates to your application will separate you from the competition and increase your chances of working for a tech-forward company. 

Automation Testing

With software like robotic process automation (RPA) becoming common in most companies, there will be a need for human involvement to manage and test the platform. 

A common misconception is that automation is out to get jobs, but in reality, software like RPA needs to be monitored consistently to ensure that the technology is performing correctly. This means with growing automation implementations comes the need for more new employees skilled in testing and monitoring automation. 

Working with automation doesn’t necessarily mean you’ll be programming or directly monitoring the software, but having a deeper understanding of your role alongside automation can make you a valuable asset to any company. 

Most automation companies have online training courses that end in certification for their programming and managing their product. Not only will they teach you how to manage the software, but some also teach you how to build RPA bots. Some popular options include IQ Bot and IBM’s Build a Bot tutorial. 

Coding

Learning to code is one of the top-ranked hard skills to develop in 2020. Before learning to code, it’s important to decide what programming language is most relevant or interesting to you.

The majority of companies use Python or JavaScript as their primary coding language, yet there are others that are as important, if not more, depending on the job you want. For example, HTML is considered to be a beginner language when learning to program, but it’s essential for anyone building websites or doing website optimization at their company.

Start by determining what programming language is most relevant to your job interests and sign up for classes, online certification programs, or a tutor to improve your skills.

These skills are sure to boost your resume and make you more valuable to any company. Even more importantly, they’re all skills you can learn online, at any point. Adding just one of these skills to your resume is sure to help you land a job at a tech-savvy company!

Career Other

Best Practices to Transition to a Home Office

May 12, 2020

Welcome to the world of nearly universal remote work. Just a few weeks ago, COVID-19 turned the business world completely upside down in a matter of weeks, scattering workers from their offices, cubicles and conference rooms in brick-and-mortar office buildings to using their kitchen tables and ottomans as makeshift desks. Gone, at least for now, are the days of collaborating through in-person meetings and gossiping at the watercooler. Transitioning to your new work environment may be a little jarring at first, but here are a few tips to help you stay motivated and productive:

Establish a Routine for Yourself and Stick with It

Whether we know it or not, we all crave some sort of routine to keep ourselves focused on accomplishing our goals. This is not to say that idle hands immediately become the devil’s plaything, but setting out a loose routine for yourself will help you make the most efficient use of your time. It worked for you as you established a routine going to the office, and it will behoove you to do the same for your home office. 

Resist the urge to sleep in too much, roll out of bed and start working right then and there. Get up at a reasonable hour, eat a nutritious breakfast, maybe try to get in a little exercise, clean yourself up and then begin your workday. Getting yourself into a routine and holding yourself accountable for sticking with it will help you stay productive and engaged.

Set Aside a Dedicated Workspace to Use As a Home Office

For many people, working from home will blur the lines between work and non-work activities. After all, work used to happen primarily–if not entirely–at a workplace outside of and completely separate from everyone’s houses. Now, you can start and stop working practically whenever you want. Suddenly, the physical delineations between your workplace and your home have disappeared. To help yourself adjust, set aside a specific area of your living space for work and use that area as your home office. If you work only in this space, you can still maintain some semblance of physical separation from your job while you work from home.

Make an Effort to Keep in Contact with the Other Members of Your Team

Collaborating on group projects and keeping morale high is undeniably more difficult when you and the other members of your team cannot interact in person. There are still plenty of other ways to stay in contact with them, though. Try setting up occasional video meetings and holding group chats on your organization’s internal instant messaging system. If all else fails, start an informal team email chain. However you need to do it, find a way to communicate with and stay connected to the rest of your team or department. 

Take Regular Breaks from Working If You Need Them

It is easy to lose track of time when you do not have the rhythms typically associated with a standard workday to guide you unconsciously from start to finish. Before you know it, you may have spent several hours sitting in one place trying to complete a task. Try to give yourself regular breaks from working so you can go to a different area of your living space and relax your mind for a few moments. You will go back to your workspace feeling refreshed and ready to tackle whatever comes next. 

A Combination of Exercise and Relaxation

Not leaving your living space for work means you will probably get far less incidental exercise–like, for example, walking from your desk to conference rooms or other common spaces and back, walking up and down stairs in your building or walking to a restaurant to go to lunch with your team–than you did during the average pre-COVID-19 workday. 

It is important to remain healthy and maintain your good habits while you work from home, so make an effort to incorporate exercise, a healthy diet and plenty of water into your routine. Maybe it’s something simple like a 20 minute walk during your lunch break. But it’s advantageous to maximize your movements and get as much vitamin D as you can. 

We also recommend relaxation techniques if you’re feeling any combination of anxiety from changes in work, to financial worries. Breathing techniques can help alleviate stress and calm your heart rate. 

Know When to Call It Quits for the Day

Compartmentalization is one of the keys to a healthy work-life balance, and that is particularly true when you are working exclusively from home. Unless you have a looming, immovable deadline to meet, you should stop working at or around a set time every day. Remember that this is a marathon, not a sprint. Your work will still be there in the morning, so be sure to take time for yourself.

Things are strange right now and time has only proven that we have no idea when things are going to shift again. Use these tips for adjusting to the new normal that is in this moment. With a good headspace, workspace, and taking the time you need to distinguish the two, you’re sure to adjust the best way possible.

Career Other

5 Ways to Avoid the Post-Grad Slump

April 17, 2020

College graduation is quickly approaching, and while it’s a time of celebration and achievement, it can also be the pivotal moment right before post-graduate depression kicks in. Graduating college is a huge transitional period for young adults as they start to work tirelessly to enter the “real world.” Stay ahead of the post-grad slump with these 5 tips: 

1. Make a Timeline

A visible timeline is key to keeping yourself busy and on track while securing your first post-grad role. Setting soft deadlines for yourself allows you to keep your efforts organized and meaningful. For example, if you graduate in May, you may want to set the goal of having 20 applications submitted by the second week of June. Utilize resources for finding a job to determine if your goals are realistic and achievable. 

2. Look good, feel good 

It goes without saying that when you look your best, you feel your best. Take time to care for your appearance right after college, whether that means getting a fresh haircut or treating hair loss, so you enter the adult world feeling the most confident. You should also create a consistent skincare routine to follow every night to keep yourself pampered and feeling excited to show your face. Exercise is a key ingredient to feeling good. The Department of Health and Human Services recommends that everyone engages in at least 30 minutes of physical activity every day to ward off stress and boost their mood. So, get out there and find your favorite way to stay fit! These small adjustments should help you feel good and ready to impress.

3. Keep a positive mindset 

Make sure you’re taking care of your mental health during this stressful period of your life. This could mean spending time with your family and friends to get some daily laughter in, or meditating in the morning to start the day with an open mind and heart. Therapy is another great option for staying on top of your mental health. Whatever it may be, know that it’s okay to take a deep breath and just trust that you will find the right opportunity to use your degree.  

4. Enhance your skillset 

During your downtime between graduating college and finding a job, why not pick up some new skills? There’s plenty of online classes and certifications available to learn something beneficial, like Excel or graphic design. Continuing to learn after college is not only good for your brain but is also a way for you to stay motivated and dedicated to bettering yourself, which will make you feel accomplished. 

5. Reward yourself 

Motivating yourself with rewards is a wonderful method for staying on track and holding yourself accountable. When you achieve a milestone in the post-graduate process, make sure to celebrate, even if it’s small. If you have something to look forward to then you’ll be less likely to find yourself in a funk.  

With the help of these tips, recent grads will be able to dodge entering a post-grad depression. Start these practices as soon as you can in order to maximize productivity, feel good, and start your first career with a positive mindset!

Career Other

4 Modern HR Tools Recruiters Are Using That Every Applicant Should Know About

April 10, 2020

As you begin your career search, preparing your resume, preparing for interviews, and choosing your professional attire will likely be the most important things on your mind. However, with new technology emerging in the human resources industry, a new set of requirements and preparations could arise for job applicants. Being prepared for what these changes may mean for you could help you land the job you want.

Here are five of the modern HR tools that recruiters are using nowadays that every applicant should know: 

Social Media

Social media is becoming a popular means of recruitment for companies of all sizes. There are a variety of ways in which a recruiter can benefit from using social media, such as:

  • Advertising open positions
  • Sourcing candidates
  • Highlighting company culture
  • Screening candidates 

You must use caution when posting online. Not only are companies looking to see what you are talking about or what you may be like, but they are often looking for any red flags that may stick out on your social profiles. A company could end up deciding not to hire a candidate solely based on something they found online

Talent Management Software

When considering the large number of applications that employers usually receive for any given position, they need to have a central processing system that can handle large sets of data. 

By using talent management software to process candidates appropriately, candidates are kept up to date with any hiring decisions as they’re made. This software also provides applicants with an easily accessible hub for gathering information and completing files in the hiring process. Once an applicant is hired, this software can be used for the entirety of the onboarding process and even throughout their tenure at the company. 

Resume Screening Tools

A resume screening tool automatically processes your resume to see if it is a potential match for the job description based on keywords the employer has chosen to screen for. Applicants with the best matches are then put into a smaller pool to be reviewed by the recruiter. Resumes that do not match the criteria, whether they are a fit or not, usually do not receive a second look. 

For employers, this can help limit the often-large selection of applications they receive, but for qualified candidates, it could cause them to miss out on seemingly perfect opportunities. Because of this, it’s important to tailor your resume for each position

Automated Background and Reference Checks

As automation technology continues to advance, more companies are finding ways to use it to increase efficiency across their business. In recruitment, this can be especially beneficial for running background checks and contacting references.  

Businesses can use this technology to automatically scan any registered databases and verified systems to see if your name appears alongside anything worrisome, such as criminal records or false social security numbers. 

For your references, automation ensures a smooth communicative process so the business can send them pre-populated questions they can answer and send back quickly. This can help prevent candidates from being held up in this portion of the hiring process. 

Video Conferencing for Interviews

In the modern world, work situations are becoming unique to each employee. With the introduction of video conferencing tools for interviewing purposes, more applicants can apply to positions of interest to them, no matter their location. 

This can be extremely beneficial for you as an applicant if you live in a different location than the position you are applying for and are looking to relocate or work remotely.

Because technology in recruiting has increased significantly over time, you must consider how prospective employers will view your application and interview. Enlist the help of professionals to ensure your application has the potential to stand out at the top of any employer’s list.

Health Other

The Doctor is Out: Non-Medical Career Paths in Healthcare

March 9, 2020

Maybe you’ve always thought about a career in medicine, but blood isn’t really your thing. Or maybe you’ve actually embarked on a career as a healthcare provider, but the road is long, and you’ve got to make ends meet while you chase your dreams. The good news is you have a lot of options for pursuing a career in the healthcare industry outside of the practice of medicine itself.

Think About What You Want

As you explore your options in the healthcare industry, you’ll want to consider not only what kind of work you want to do, but also what you need from your job. Before you accept a job, you need to ensure they offer a benefits package that serves you today as well as tomorrow, especially if you’re considering staying for the long haul. Ensuring that your prospective employers offer benefits, such as retirement and medical, dental, and vision insurance, can help protect you now and well into the future.

The Good Enough Job

If you’re not yet ready to settle into your forever job, you can still find great ways to make a solid living while you work toward your ultimate career goals. For example, if you’re a medical student looking to earn some income and garner some experience in the healthcare industry, there are a lot of great sites you can turn to. Major job boards like Indeed and Monster can help you tailor your job search to your particular requirements, while other sites like College Recruiter are dedicated specifically to helping undergraduate and graduate students connect with prospective employers.

Turning a Job into a Career

If you’re ready to start your career now instead of waiting on that advanced degree or those years of clinical training, you don’t have to abandon the healthcare industry to do it. There are endless options for stable, well-paying, and richly rewarding jobs in the healthcare industry. For instance, if computers, as well as healthcare, are at the top of your interests, then why not combine them by pursuing a career in Big Data and healthcare AI?

Or you may want to be a bit more hands-on while sparing yourself the rigors of med school. Studies show that careers in home health are among the most in-demand and fastest-growing in the US. Or, if you’re ready to commit yourself to a bit more time in school, you can build an exciting and very lucrative career with a Masters’s degree in health law and policy!

The Takeaway

Even if you feel a career in medicine isn’t for you, that doesn’t mean you have to abandon your interest in the healthcare field. Whether you’re looking for a temporary job in the industry to make ends meet while you cultivate vital professional experience, or you’re hoping to launch your professional career, your options are virtually endless. The healthcare industry has something in it for just about everyone, from health AI and Big Data to home healthcare to health law. So do a little exploring to find the career path that’s tailor-made for you!

Career Other

Tips for Students Looking for Jobs

February 21, 2020

Looking for a job as a student can be a challenge since you’ll need to balance your job-hunting time with your focus on your schoolwork. Plus, if you’re about to graduate, you might not have the real-world work experience that many positions require. By adjusting your job hunting and application approach, you can increase your chances of quickly getting a job that you’ll enjoy. 

Be Flexible in Your Requirements

You might have an idea of your dream job in your head, but if you’re graduating or just need to bring in money, you might need to put that dream job on hold for a bit. If you don’t yet have any professional work experience, it can be hard to get a position when you’re competing against applicants with relevant experience and training. 

Instead, be flexible about the positions that you’re looking for, and look for jobs that don’t require you to have experience. These types of positions may include working in a coffee shop, in a retail store, for a landscaping company, or at a movie theater. Remember, you won’t have to stay in these positions forever, and they can serve as stepping stones, giving you the experience and skills that will help you to later get those more competitive jobs that require experience.

Use All of Your Resources

When finding a job as an early college graduate, it’s important to make the most of the job search resources available to you. In addition to using the job search boards, like Indeed, that everyone has access to, you have access to a very valuable resource: Your college’s career services department. This department may be able to help you find job opportunities that aren’t widely advertised to the general public, cutting out some of the competition. 

Most career services also offer many other valuable services. You may be able to have your resume and cover letter reviewed and edited, and the department might hold workshops to teach you valuable career skills, like how to prepare for your first professional job interview. Many career services offices also allow alumni to come back for future support, so even if you’ve already graduated, look into how this important resource might help you.  

Make Yourself Stand Out

When you apply for a job, you’ll probably be competing against many applicants, so you’ll need to find ways to make yourself stand out. For instance, there are many ways to get noticed on LinkedIn, such as by writing a summary that’s focused on what employers want to hear, and by incorporating keywords into your profile so that search engines (and recruiters) can find you. 

Don’t forget to incorporate these strategies into your cover letter and resume, too, since many employers now use technology to scan applications and identify those that include keywords indicating appropriate experience for the position. This strategy might make the difference in having a hiring manager look at your application, versus it ending up in the trash. 

Consider Starting a Business

If you’re graduating and looking for a way to financially support yourself, a job doesn’t have to be your only option. If you’re talented, ambitious, and driven to succeed, then you may be able to start your own business and work for yourself. 

Before you start a business, carefully think about what you enjoy doing and how you’re talented, then look for ways to monetize those talents. Be prepared to work hard and invest in your business, but remember that if you can build it into something successful, you won’t have to worry about applying for jobs. 

Even if your business fails, you’ll have learned valuable lessons and gained experience that can help you if you do decide to apply for jobs in the future.

There are so many opportunities when it comes to job searching. As long as you keep these tips in mind, you will be employed in no time! Happy Hunting!

BIO: Dan Matthews is a writer with a degree in English from Boise State University. He has extensive experience writing online at the intersection of business, finance, marketing, and culture.

Career Other

8 Tips for Writing an Engaging Cover Letter

November 14, 2019

The average recruiter spends about 7 seconds looking at a resume. With such a time constraint, you might be tempted to leave out the cover letter altogether when applying for jobs. But before you do that, know that your cover letter is what helps recruiters see you as an actual person. And not just another faceless name in a pile of generic applications. 

That being said, writing cover letters can be daunting for even the best of us. So, to get you started, here are a few tips to help you write an engaging cover letter that draws in recruiters and gets you the coveted first interview

1. Know Who You’re Writing To

Cover letters that read like conversational letters are more likely to appeal to recruiters and hiring managers on a personal level. So make sure to directly address the person on the job ad in your cover letter. 

If a name isn’t mentioned, search for the HR or relevant department personnel’s profiles on LinkedIn or Twitter, and address the letter to them.  HR Departments in some companies can even tell you about the right person if you call in. However, when in doubt, writing ‘Dear HR Manager’ is always a safe option. 

2. Be Original from The Start

Avoid starting with something as generic, obvious and space-wasting as: ‘I am writing this letter in response to your ABC advertisement for XYZ position’. Instead, summarize who you are (and no, that doesn’t include mentioning your name) and why you would be the best fit for the position in the first 2 lines. For instance, it can start something like this: “As a fashion enthusiast graduating with a high CGPA in the field, I was excited to see your advertisement for Junior Designer”.    

3. Use Keywords as Clues

Job advertisements are quite descriptive and can be used to your advantage when writing the follow-up to your stellar introduction. Use the keywords in the job description to write a personalized and relevant description of your skills and experience. This helps the HR manager see that you’re a good fit, and also makes the main body easier to write and organize. 

4. Be Precise, Simple, and Consistent

Avoid going past the one-page limit. While it may seem too short, this will help freshen and streamline your cover letter, and keep it from becoming a repetition of your resume. Also, while it’s good to insert a few field-related terms, avoid peppering the letter with technical jargon. This will only confuse the HR personnel who reads it, hence leaving a bad impression.   

5. Be Skill Savvy

As a fresh graduate, you may not have enough work experience to base an entire cover letter around it. Instead, select 2-4 of your skills that are most relevant to the position. Then explain each in 2-3 sentences with an example from school, your previous internship, or volunteer work. This will keep your cover letter fresh, and distinctly different from your resume.  

6. What Can YOU Do for The Company?

Companies. don’t want to know how much you admire them. What they do want to know is how your particular skills can contribute towards their organization. Devote a major part of your letter to explaining how you can improve their current processes, and what challenges you can help them overcome. This is where your research skills will come in handy. 

Use the organization’s online presence to your advantage by exploring the company’s website, along with looking up journals, articles, and websites relevant to the company. This will help you understand what the company, particularly your intended department, needs and any potential problems you might be able to solve. 

7. Be Confident

A cover letter’s main purpose is to convince recruiters that you are a good fit for the company and department. This means replacing words like ‘feel’ and ‘believe’ with more assertive terms to communicate your confidence in your skills and experience. 

8. Have A CTA

Conclude your cover letter on a positive note by thanking the reader, and politely encouraging them to contact you for an interview. Exhibit your enthusiasm and keenness on getting to meet and discuss with them in person. If it’s a speculative application, consider adding a follow-up statement to let them know when you’ll call back to confirm receipt of your application. 

Writing cover letters gets easier with practice. Use the above tips, your personal experience, and judgment to write an engaging cover letter that is sure to catch the recruiters’ eyes. 

BIO: Amanda Jerelyn is a recruitment specialist and an authority on hiring management who is currently working as an Academic Advisor at King Essay. She is also a fashion enthusiast who spends her spare time designing leather products for her website premiumjackets.com.

Other Transition

Recent Grads’ Guide to Homeownership

November 6, 2019

There are so many things to look forward to upon graduating from college, like new careers, new cities, new friends, and much more! Life after college looks different for everyone, but for some, the first big step might be a transition from dorm-dweller to homeowner. In which case, we’re here to help you plan your next move (literally).

Decide Where to House Hunt

Determining the type of house you want to buy as well as its location can be almost as challenging as it was choosing your major in college. Start by researching important aspects of different areas like safety ratings and median home values. Then, narrow down choices based on other criteria important to you. Is the commute distance to your first post-grad job reasonable? Is there enough nightlife to help you make new friends after college?

Think Long-Term

Don’t feel the pressure that your first home needs to be your dream house or forever home. Instead, a starter home is a perfect option for first-time buyers—especially someone fresh out of college—as they are generally smaller in size and more budget-friendly. Ideally, you should live in a starter home for at least five years and plan to complete a few home improvement projects along the way. 

Even if it’s not on your radar at the moment, home remodeling updates can help you get the most resale value for your home once you outgrow it. In general, kitchen updates are one of the most value-adding renovations—and are do-able even with a low-income entry-level job. To help you budget accordingly, take a look at the average project costs for minor kitchen remodels. Remember, you should only spend 5–15% of your property’s total value if you plan on selling in the near future.

Consider Financial Factors

With all of the transitions of life after college and the excitement of potentially owning a home, it’s not uncommon to overlook various expenses. Therefore it’s vital to plan early and thoroughly. Be sure to research the additional costs of purchasing a home, which may include:

  • Down payments
  • Property taxes
  • Homeowners’ insurance

More importantly, consider how your personal finances will change after college and what you need to account for in your budget. Examples include:

  • Student loan repayments
    • Is your six-month grace period for your federal student loans coming to an end?
    • Are you on an income-based repayment (IBR) plan? If so, it might be more challenging to get approval for a mortgage.
  • Health insurance
    • Is your student health plan ending?
    • Are you in the middle of a health coverage gap until your post-grad job benefits kick in?

Assess Your Credit

Once you establish your budget, it’s time to begin the mortgage process. When you apply for a mortgage loan, most lenders start by looking at your FICO scores—a summary of your credit report. The type of loan you qualify for will depend on your credit score, but the higher your credit score, the higher your chances are of getting approved. Most grads don’t build a credit history until after college; But to remain in good standing, below are tips to improve your credit before applying for a mortgage:

  • Pay off any existing credit card balances
  • Avoid making purchases with credit cards (i.e., using available credit)
  • Don’t apply for credit elsewhere that will generate a hard inquiry (ex: credit cards, car loans)
  • Consistently make all payments on time, especially student loans

Buying a home is an exciting and expensive investment that will undoubtedly impact your future, so take these considerations into account when searching for your first home and don’t rush the process. 

Career Other

From New Grad to Entrepreneur: Starting a Business Right After College

October 30, 2019

Thousands of ambitious graduates each year walk out of the halls of college life to take on the real world. These graduates will make up the next generation of scientists, inventors, founders, entrepreneurs, and business owners. Each armed with their career plan and determination, they tread the road to career building and make bold moves in professions they want to pursue. 

Naturally, nothing comes easy and almost everything requires a solid plan. College grads that crave the excitement and control of entrepreneurship also need to follow a set of guidelines to run a flourishing business. We’ve gathered some of the best entrepreneurial advice for those looking to start a business fresh out of college. 

 Refine your idea through research

Those who are considering starting a business, likely have a brief idea about the product or service they wish to sell and the market they want to enter. All potential business runners must do some research on existing firms, their products and advertising techniques in their selected industry to figure out how to do it better. Identify and understand your targeted audience; learn what grasps their attention and pay close attention to their demands. 

Your aim is to stand out and offer something that other businesses lack, while also providing a stellar user experience. Scout the idea you’re most passionate about. If it’s something that doesn’t inspire you then it’s time to brainstorm some fresher ideas. 

Learn from the inside

Graduate students need to have some level of employment history or experience, before starting a business. This is because learning some key skills from seasoned professionals in bigger companies can help in networking and connecting with the right people. These are practices that are oftentimes not introduced in school and learning them in real-time can be an incredibly knowledgeable experience. 

Learning from management leaders and business tycoons in your desired industry allows you to gain first-hand experience on the operations that go on within a smooth-running business in a short amount of time. Additionally, working in a variety of establishments helps to build a stronger network and contacts that could later guide you in what you wish to accomplish. 

Use your tech knowledge

College grads can harness technological tools and devices to develop, promote and expand their businesses. Technology allows us to access information and data that wasn’t available a decade ago, so making good use of it to promote and advertise your brand increases audience engagement. It also lets us search solutions and answers to several everyday-related business issues, making our work easier and more streamlined. 

For instance, if your firm is located in London and has important business guests visiting so you need your carpets and upholstery cleaned; look up London carpet cleaners online and you’ll be provided with a list of reviews that can help you decide the best deal for your company. 

Figure out finances

One of the biggest hassles of starting up a business straight out of college is securing sufficient financing. This could be your investments, a bank loan or in some cases through angel investors. Potential entrepreneurs are required to understand all the elements in running a business, including the financial aspects like budgeting. Starting small is always a smart move, and expanding as you gain momentum is the way to go. This way you have more control over what is spent and consumed by the business. 

Cultivate Determination

Success is never guaranteed from the starting point. You are bound to fail a solid number of times before you get the hang of things. What matters is your undying dedication and commitment to your business to see it prosper and succeed. 

Perseverance and devotion are what makes a successful entrepreneur, so don’t fear failure and turmoil. As long as you face every challenge with a clear mind and a positive attitude, you’ll pound your way through them. This is the reality that prospective business owners need to understand before venturing into this competitive realm.

BIO: Anne Taylor is a serial blogger with a technical and business background. She loves writing about digital marketing, the IT industry and workplace productivity. She is currently the content writer for Carpet Cleaning London.

Other Transition

Top 5 Way to Save Money After College

October 3, 2019

There are 3.6 million college graduates living in poverty, and it’s to be expected given not only factors such as student loans and other college-related debt, but also the difficulties one might experience when obtaining a job in their field or the starting wages at these jobs.

Creating a Budget

You hear it all the time and not to be a broken record, but creating a budget is the first step to saving money, especially as you start paying back student loans or other debts. Right now you’re probably getting notifications that you need to start paying off your loans, you’re having to move out of student housing, and basically, this whole being-an-adult-thing is about to get a lot harder!

You can do this though! And the first step is creating that budget. It doesn’t need to be fancy. You can even use a free template on Excel or Google Docs. Make sure to carefully document all sources of income and all expenses, even the ones you might want to ignore. If you’re not sure where to start on paying your student loan debt, there are great calculators and resources available.

Saving $$$ on Food

Don’t worry, you don’t have to eat ramen the rest of your life — although there are some fun ways to spice up that cost-effective meal! But a good chunk of your expenses may be coming from food. Apps like Mint actually track how you spend your money and you might be surprised to see how often you eat out or how much those “treat yourself” items at the grocery store are costing you. A great way to avoid those last-minute splurges is creating yourself a meal plan with a shopping list, allowing yourself to be only one spur-of-the-moment item.

Meal planning isn’t just for being healthy, although that can be a great perk, but it’s great for time management and budgeting. Simple, cheap meal plans will help you save without living off rice, beans, and ramen!

Cut Back on Utility Bills

A lot of us may have had the luxury of free or discounted internet and TV while living in student housing, but now that we’ve graduated, we’re having to deal with these bills on our own. A great way to cut down bills is to really examine what you need: Do you really watch cable or do you watch Netflix or Hulu? You might even be able to cut down on your internet speeds. An internet connection with 5mbps, though not ideal, is enough to stream and browse the internet.

Getting Married? Don’t Worry!

And then there’s the biggest expense of all—marriage! If you’re one of those ‘lucky’ ones about to make the big commitment dive into marriage, you’re probably stressed about a long list of expenses ranging from booking a venue, the cost of a wedding dress, and all the things that come after. What if you don’t get the things you need most on your registry? And if you’re the one getting to propose, you might be worried about the cost of a ring. The good news is, it doesn’t have to be that complicated!

There is even a list of venues that won’t cost an arm and a leg. And if you’re still looking for that special ring you might consider an eternity band that offers special financing and a wide array of options for various budgets.

 Creating Long-Term Goals and Building Credit

Two of the most important things to consider after graduating from college are your long-term goals and how you’re going to obtain them. One of the biggest factors for obtaining our long-term goals (such as buying a house) is building our credit. There are important factors to pay attention to when building your credit, such as staying on top of your student loan payments, credit card usage, and ways to avoid negative marks are your credit. There are also options for credit repair if you’re already suffering from negative items on your credit report.

Whatever your goals may be, there are many paths to take, even when you’re fresh out of college and still sorting everything out. If you start saving now and planning for those special life plans, there’s nothing you can’t achieve! 

BIO: Brett Clawson has a degree in Business Management and has started a couple of small businesses. When he’s not focusing his time on those, he spends time with his wife and two sons. His oldest son has entered the wonderful realm of college, and he now enjoys sharing tips that he and his son have found essential for college life.