Harnessing Entrepreneurial Manic-Depression: Making the Rollercoaster Work for You

Many of you probably know who Timothy Farriss is or have maybe read his book The Four Hour Work Week, but if you haven’t let me introduce you to him.  Click here for a great overview

His most recent blog entry is titled “Harnessing Entrepreneurial Manic-Depression: Making The Rollercoaster Work For You.

If you are an entrepreneor or want to be one someday it is a must read.  The author of the article from Tim’s blog is Cameron Herold, former COO of 1-800-GOT-JUNK.  Here is a little info about Cameron:

  • While COO at 1-800-GOT-JUNK? the company ranked as #2 Best Employer To Work For in all of Canada, and were twice ranked the #1 Employer in BC.
  • He’s landed PR about his companies since 1986 and most recently built and led a team which landed over 5,000 stories in just 6 years
  • As COO he helped grow a company from $2 Million to $105 Million in six years with no debt
    and no outside shareholders
  • Helped build a company which sold for $64 Million

Cameron walks us through the stages all entreprenuers go through no matter how old or new your business is.  The ups and downs of being an entrepreneur are clearly articuled here in five stages.

Again, if you are an entreperenur or want to be one I highly recommend you read this article here.

Internship Ratings.com

An interesting site.  Here is how they describe themselves:
First-hand experience. Networking. Challenges. Freebies. These are qualities we look for in our internships. We are two goal driven, adventurous, best friends who spend countless hours dissecting and analyzing our relationships, shopping purchases, and offbeat internships. We wouldn’t buy a pair of shoes without our best friend’s opinion, so why not apply the same idea to internships?
We created InternshipRatings.com to give students an outlet to reveal and critique the intern world. We know first hand that being an intern is thrilling, overwhelming, challenging and stimulating. That’s why we created a place for interns to find out the real deal. Whether or not your experience involved coffee runs and filing papers (like ours did), your internship story will help others determine if “it’s worth the coffee.”

25 Well Paying Jobs Most People Overlook (and why)

Found a blog I haven’t read before, Business Pundit.com.  They have a great post on 25 Well Paying Jobs That Most People Overlook and why.  Very interesting jobs that I have never thought about before.  Who knew a crab fisherman could make so much money in eight weeks!  Read more.

One Person’s Reason to Be Self Employed

I came across a blog via Twitter today, Tina McAllister’s blog on freelance writing.  She has a great post today about why the current economy doesn’t scare her and why she would never return to her former government employer.  Even though she was loved by her fellow cogs, it was stable, and retirement seemed fairly secure.  Read the full post here.

All I have to say is I am with you Tina.  I also left a fairly stable company with a fairly stable job for more unstable and more ambiguous endeavors that only self employment can bring.  Would I go back?  Well, I can’t say never at this point but I love the new challenges and exciting possibilities that lie ahead.

If you are looking for career advice here, consider your goals in life.  Some people love the stability of big corporations or big governments. Others here the word staff meeting and procedure manual and it makes their head spin.  Figure out where you are going so you can pursue what you are truly passionate about.

Virtual Book Tour Begins!

about.com logo

My virtual book tour has officially begun, and I cannot think of a better place to start it than at About.com!  About is one the top 15 content sites on the web.

Alison Doyle the Job Search Guide over at About.com has agreed to publish an article I wrote about my book and practical career advice for college students.  Check it out here.

Next week I will be visiting Kantis Simmon’s Blog, Playing Your A Game.  Be sure to stay tuned for that!

Three Foundational Leadership Development Principles

Recently, I have been given the opportunity to begin working one-on-one with two young men who have recently been tasked with taking over the youth ministries at our church.  One is starting up a junior high youth ministry and the other is taking over a senior high youth ministry.  I am so excited to have the opportunity to work with them on a weekly basis in a leadership development capacity rather than hands on week-to-week youth pastor.

My background is seven years in weekly youth ministry with both junior high and most recently senior high.  So I have had the opportunity to make many mistakes over the years that I can hopefully help them avoid.  However, developing leaders is no easy task.  I had the opportunity to chat with a great friend and mentor of mine last night about this very topic.  He is a passionate leadership development advocate and practices what he preaches by mentoring scores of men year and year.  Our discussion really gave me the kick-start that I needed to realize how important my job is.  Even though I am no longer “technically” responsible for the weekly operations of our youth ministry I am even more responsible for the success of two ministries but more importantly the success and development of two young men.  Wow!

My friend David, who by the way is a base guitar player in the band The Last Epic, suggested I use curriculum from Dr. Tim Elmore called Habitudes – images that form leadership habits & attitudes.  So far I have been very impressed by it.  This has really given me a beginning point for the type of material and information we as leaders need to be taking in all the time.  This is not a short-term commitment; leadership development is a continually process in all of us.
Some discussion points to consider about developing leaders are:

COMMUNICATORS
Leaders aren’t really leaders per se but really communicators.  The best leaders are those who can communicate with everyone they are leading.  If you aren’t communicating you really aren’t leading.  Leaders must be the one casting the vision, setting the standard, developing their own followers who can use their strengths to make the goals more realistic.

DEVELOPING THEIR TEAM
Leaders must also be sure they have strong team of co-leaders around them.  No one can do everything well all the time.  As leaders we need a strong group of people around us who can do bits and pieces of what needs to be done so the end goal is reached.  The leader casts the vision to his or her followers so they catch the dream and march toward the end goal.  Where there is no vision the people parish, they parish because they have nothing to work toward.  Cast the vision leaders and watch the people follow.

90/10 RULE
What I call the 90/10 rule others might call the Iceberg theory.  Dr. Tim Elmore’s first lesson in his leadership development series Habitudes uses the example of the iceberg that sunk the Titanic.  It wasn’t the 10% of the iceberg that the Titanic could see that sunk her, it was the 90% below the water that did her in.
90% of the time your team and your followers will never see what you do.  That time is the most important time in your development of a leader.  How you spend you time, what you watch, what you listen too, who you hang around with will determine how the 10% of your public time unfolds.  It will determine if you are effective or ineffective.
In my case I am mentoring youth pastors.  If they spend very little time of their non-public, preparation time in study and prayer for their upcoming message, most likely it will be a weak and non-effective message.  However if they spend their time wisely during the 90% of the time when no one is around watching them they can be extremely effective and make an impact with the young people they are leading!  Their minds will be focused on the tasks at hand rather than distracted because of other matters.

The great public speaker Zig Ziglar use to say about salesman (and I am paraphrasing);
“When a salesman is outselling he really is wishing he was at home and when he is at home he really wishes he is out selling.  If that is the case you ain’t ever nowhere.”

It doesn’t matter who you are leading.  As a leader you need to be a consistent communicator, a developer of people to assist in your goals, and ruthless believer in the 90/10 RULE.  Don’t let your guard down, press toward the mark of effective leadership!

Internships After Graduation

Did you do one?

Should students consider this?

Is it a great way to find your first job?

Let me ask another question.  If you cannot find a job in your field after graduation would it be worth six months of sacrifice to land the type of job you want?

Or, are your goals important enough to consider working for considerably less money as an intern in order to gain experience that has no price tag?

All of these are very good questions when it comes to the discussion of students taking internships after graduation.  Some of our friends within the career services field at some major universities have some insight on this matter.  I subscribe to the INTERNSHIP LIST SERV hosted by Messiah College in Pennsylvania.  Since Internships After Graduation was the topic I thought it would be worthwhile to share with my readers the basis of the discussion.

Katie Johnson, Associate Director of Internships at Philadelphia University comprised three responses to the question should student students complete an internship after graduation.

The first response is from the career center at the University of Connecticut.

We too have seen this rise, from both employers offering the programs and job seekers upon graduation. It appeared to me that it started in the sciences but has now moved outside that realm. I look at it like a GAP year concept, where the student is doing something intentionally short term while he/she figures out what his/her career path is going to look like. It is better than job-hopping. I recently presented on this topic at Nichols College and about 2/3 of the attendees have seen this phenomenon occurring – where the student just isn’t ready to commit to a ‘career’ and wants to still figure stuff out. So we are seeing more interest in NGO’s, socially responsible careers, etc. like Teach for America or America Corp. They are able to live at home more easily than say, ten years ago. They are not as financially driven even though they are more in debt. I think too, companies are recognizing how the Millennial Generation, if I can do a broad generalization, is not as focused on staying with one company for many years, so they are now designing some positions to be one-two year options, and if the worker leaves at the end, no harm, no foul. If the person is a great fit, then he/she can move around and get promoted.

The next response is from Ita Fischer, Director of Career Services at Wheaton College.

We’ve seen a rise in this trend, as well, and actually encourage some graduates to seek this option as it seems to be a good way to get their foot in the door.  We have had employers state that this is the only way they are hiring their entry level staff for competitive positions.

 From what I have been reading, this post-graduate trend seems to be stemming from the Millennial tendency to “kick corporate tires.”  The costs involved in setting up the HR for these grads who then quit after a few months is forcing companies to fight back and not offer benefits (although they do pay a good wage).  As such both the company and grad can ensure they are the right fit.

The final response is from Sandra Bevill, PhD, a professor in the College of Business at the University of Arkansas.

I’m full-time faculty, but part of my job is to handle internships for the students in the College of Business.  If students want to do those internships and not get credit, then the school doesn’t get any tuition money which, indirectly, goes to cover my salary.

The FLSA thing is something that the employers should be worried about.  I’m  not sure how the Dept. of Labor would look at someone who said they were “just learning” yet had a college degree and weren’t getting at least the federally-mandated minimum wage.

I personally liked the response from the first response from UCONN the best.  It seems to make the most sense.  Many students exit their university with very little direction on where they are headed in life.  Do you remember what it was like to be 21 or 22?  How can we expect these young people to know where they are headed?  They need to be mentored, molded, shaped into the next generation of leaders.  An internship could be the beginning of that road.

Job Fairs Are So Last Century

Here is a great article over at Accounting Web.com about two accounting firms approach to scrapping their sole reliance on attending job fairs to find college talent and turning to more innovative ideas.  I have been saying this for years and hope that industry continues to see that more innovative methods like Ernst & Young and Pricewaterhouse Coopers have exhibited are needed in the recruiting industry.

Read the full article here.

12 Steps To Changing Your Career In a Slow Economy

Good afternoon everyone.  I found this nice article over at Employaid.  I think they give 12 very practical pieces of advice for changing jobs in a slow economy.  One thing to keep in mind as we are inundated day after day with bad new about the ecomony is that not everyone is suffering at this time.  There are always industries that are thriving during bad times, and of course there are always industries that are suffering during “good times.”  Our economy is very niche in nature so don’t let ABC, NBC, and CBS ruin your day simply because they love to report bad news.

Click here to read the full article.

Facebook and Dating

Did anyone else notice how if two people are dating and they are both on facebook they must proclaim their love for one another in EVERY status update?  What is up with that?  I love my wife but do I need to proclaim it everytime I update my facebook status?

A few funny status update examples…

“Had a terrible day in the office today…but still madly in love with my Billy!!!”

“The cat just puked all over my keyboard…but still lovin my Alexis!!!!”
“Just got fired for spending too much time on Facebook… but still lovin my Eric!!!”

Is it just me or is this really necessary??? :)

Have a great day!

JD

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