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Guide to Doing well in Rough Times
"Success is not final, failure is not fatal: it is the courage to continue that counts." (Winston Churchill)
I couldn't have put it better Winston. When looking at how to go about earning money in the worst financial slump since Churchill's era, determination is just one factor you must consider.
And if you keep reading you'll soon determine what skills you will need to start earning money in the credit crunch. (As that lady in Allo Allo says, "I shall say this only once!")
Firstly let's paint the picture of how hard it is out there. As budgets and firms are continuously curtailing costs this means inevitably that there is not enough work designed for everyone.
Staff cuts have to be made as a must in order to reduce costs accordingly. The financial industry has been the worst sector affected since the start of the downturn with jobs going by the hundred including the recent spate of job cuts at the Royal Bank of Scotland.
It's much like a snowball effect that keeps on spinning out of control. Furthermore as the quantity of jobs available become less, the number of prospective applications goes up at a rapid rate. In many sectors you'll be lucky enough to just make tea as the employment market is now saturated.
People are so anxious for work they will do anything (even for free) just to gain that vital work experience. However it's a different story if you do have bills and a mortgage to pay!
However if you do have enough to cover urgent payments you still can't afford to unwind, especially if you have just been made redundant or have been looking for work in the worst economic climate in post war Britain.
You might also want to consider the number of graduates qualifying each and every year which just adds to the countless piles of CV's, employers have to sift through due to the UK's saturated job market.
As an example just to give you some rough data there are at least 20 applications for each role in big financial firms which include Accenture and Deloitte.
The media industry is much more brutal with up to two or three hundred applications for every role (I have even heard stories of a mammoth seven hundred applicants for just one position!)
Some jobs don't even get announced so you really have to be quick off the mark when sending off to a prospective employer.
Yet don't let this deter you. Have you had countless applications ignored? Been to interviews and not quite making the cut? As Winston once wisely said failure is undoubtedly not fatal!
One skill one should possess in order to succeed is courage - to carry on in the face of adversity, if you already have exhausted all avenues because in the end you'll make it.
Inspite of the current economic slump you will discover things you can do to achieve that ideal role or make serious capital. Now I've grabbed your attention here are my pointers to ensure success in the current climate.
Be Determined
Now I'm sure you have all heard the phrase "if at first you don't succeed try, try and try again..." This will serve you well here.
Create a list of the companies you have to target and ensure you obtain the most relevant contact name in each business.
Send a speculative email. Besides what have you got to lose! They can either respond or not. When you've achieved the direct link follow up with as much correspondence as is possible.
This can lead you to arranging a casual [url=http://www.newscar.com.cn/bbs/home.php?mod=space&uid=285494][/url] meeting. They may not have anything currently but at least they can put a name to a face so they know if something comes up.
The alternative route is to push down as many doors as is possible, well not literally. Put yourself about, go into places with your details and enquire about job openings. Make an effort to get yourself out there and sell yourself. This is what the books don't teach you.
If you have the essential skills and believe in your own ability, (if you don't who else will?!) then possibilities will come your way. Put into practice what you have done previously and most importantly what you have achieved and how you can add value.
People currently are more concerned with the practical experience and not just qualifications in some industries.
Use this to your benefit and most importantly have a positive mental attitude (PMA). This is aspect is particularly key as a recent Metro article cited negative body language as an undesirable quality for possible employers.
Network
This is the current buzzword that's sweeping through various UK sectors. After all it's not what you know it's who you know! This is even truer in the present situation where there is a shortage of jobs.
People really want to do business with people who they have met and above all like. It's just a simple fact.
The quick burst of networking companies, breakfast get togethers and evenings is no surprise in the downturn. People want to find more ways of doing business and winning new clients. To do this get yourself along to as many meetings and events as you can and...Network!
The so called elevator pitch is also important in winning potential new customers. Imagine yourself going up in a very quick lift.
As people have limited time it's essential to get across what you're about, what you will be offering and how other people might benefit by the time they reach the top floor. Got it?
A quick sharp personal introduction will go a long way. I [url=http://www.ttcarpets.co.uk]mulberry outlet[/url] hate to coin another phrase (Well I am anyway) but first impressions do count. Business is not simply about transactions but instead is more focused on building relations.
This will stand you in good stead especially if you have been personally suggested. If you have performed well for an employer then the chances are they will speak highly of you to other individuals.
Subsequently this will create lots more opportunities to win clients and earn new business. In essence, the more people you speak to the more chances you will have of attracting new work. Take a look at 4Networking who run over 250 networking groups all over the UK and currently has more than 25,000 members!
Entrepreneurial Spirit:
If you really want to make some serious dosh then there has never been a better time to start your own business. A number of people say starting up in a recession has only benefitted them.
There are more bargains to be had especially if you are thinking of buying commercial office space. As asset [url=http://www.riad-marrakesh.fr]abercrombie pas cher[/url] prices have dropped buildings and properties can sometimes be invested in at a [url=http://c001.znjz.chinaccnet.cn/news/html/?188892.html]barbour pas cher soldes The Best Muscle Building Tips That You Do Not Know About - written by Kristy Turner[/url] knockdown price.
As the market [url=http://www.diecastlinks.co.uk]hollister uk[/url] is saturated and over qualified people out there become more and more available, you can get highly talented workers at very reasonably priced rates.
Worried no person will take you seriously as you are a start-up? Alleviate those fears right now. Even if the market place is amazingly competitive there are always companies looking for new and exciting partnerships, so it's no harm to be the new kid on the block.
As long as you can approach people with your service, show that it's unique and innovative and why you believe it has excellent potential the chances are endless.
By also slightly undercutting the competitors but making sure the service or product you offer is still high quality, people will begin to be very interested in you as companies will always be after a good price. Plus you don't need any swanky transparent glass office to get started on making your fortune from.
Take for example the fire breathing dragon James [url=http://www.rtnagel.com/louboutin.php]louboutin pas cher[/url] Caan who began in Mayfair out of a room the size of a shoebox. He then went on to bring about Alexander Mann - one of the leading HR outsourcing companies in the UK with a turnover of andpound;130m. It can be done!
Back to School:
Gaining knowledge of a new skill is crucial to the amount of possibilities you may have in making profits and finding potential business opportunities. The more strings you have to your bow the better chance of succeeding.
If you are finding it demanding to land that role for the time being then honing your pc skills or learning a language can do wonders for your job prospects.
People with IT skills can make some serious moolah as with modern technology evolving these workers are becoming more in demand and can charge high consultancy fees to boot!
Employers require people who are really motivated and can add several strings to their bow by way of incorporating several skills. By acquiring new abilities this will make you even more appealing to potential people.
From City Boy to Del Boy
You can always start selling a lot of stuff on eBay! It worked out rather well for one chap who [url=http://www.wiis.fr]louboutin pas cher[/url] didn't turn out to be such a plonker!
Anthony Ponsford aged 40 agreed to quit his andpound;55,000-a-year job to become an eBay trader and is now set to make his first andpound;1million as a modern day Del Boy.
You see what just a bit of courage does?! It has proven extremely profitable for the former lawyer after becoming disenchanted with the tough working hours and corporate lifestyle.
Actually he rejected the chance of becoming a law firm partner which would have netted him a cool half a million pounds.
Instead he began selling camera and phone memory cards from his bedroom. He then created this into a business with former university friend Marcus Caston [url=http://www.par5club.com/louboutin.php]louboutin pas cher[/url] [url=http://www.livebreathediscover.com/2013/05/01/denver-boulder-the-mile-high-cities/#comment-111194]Are You Bored With Cardio and Want a Different Type of Progam - written by William Nottoli[/url] and started importing bric-a-brac items such as like desks and even pet furniture from the Far East.
He turned himself into a modern-day Del Boy by purchasing anything and everything from gazebos to cat scratchers.
His company, Piranha Trading - which sells on both Amazon and eBay, is set to make andpound;1.3million in sales this coming year alone.
'When the value of the pound [url=http://www.corsodiesperanto.it/peuterey.php]peuterey outlet[/url] dropped 40 per cent against the dollar I was fully [url=http://www.tagverts.com/barbour.php]barbour online shop[/url] expecting the company to fold. But weirdly, I think it actually helped because people were still considering the purchase of things like computer desks and office furniture but were now after more of a good deal." [url=http://www.teatrodeoro.com/hollisterde.php]www.teatrodeoro.com/hollisterde.php[/url] He said
So in effect the credit crunch significantly helped Ponsford as a new start up. He found his niche and differentiated himself from the market.
And with bags of persistence he set up his company which is now reaping the financial rewards. Do you think he has the complete Only Fools and Horses box set on offer?
In summary if you want to start making money in this financial turmoil then have a look at my handy pointers earlier which I am sure will help you on the way to achieving some of your plans.
There are many underlying factors which of course we can't control - luck and timing being two of them.
If you still find it hard going and times are still difficult out there you do have other options available to acquire some immediate cash. I'd advocate checking out Payday Power, one of the leading payday loans companies on the market. They can help with short term cash flow problems and better [url=http://www.anepf.fr]doudoune moncler pas cher[/url] yet you could possibly borrow anything up to andpound;800 to keep you going!
However if you keep persisting, talk to a good amount of people and ensure you distinguish yourself from the [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] pack then opportunities will come your way at some point. So what are you waiting for?!
Self-help guide to Succeeding in Challenging TimesArticle Summary: Secrets and techniques for Making it in Really hard Times
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