Part of the joy of retiring is spreading our wings, trying new things. Sometimes that can include trying our skills in a new industry. But how do we go about the business of convincing others we are a resource?
The key element in finding the work you want is converting yourself into a
resource for the industry you have selected.
To do this well, you need to do some homework. First, you need to find certain “experts” who are already at elevated levels in this industry and do “informational interviews” with them, finding out as much as possible about the key issues and challenges facing them. You will then need to use this information to develop your “pitch.”
A pitch is a concise but clear articulation of why you would be a resource to this industry, and, most particularly at this phase, why you are a resource to the person you are addressing. How do you see the future of his/her industry? How are you a person who both understands the challenges of the future and yet has developed strategies in the past which could be useful in responding to these challenges. The pitch is an action shot of “challenge” and […]
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The world of real estate investing is a very imaginative world out there. Your success revolves around your creativity and productivity. You have keep reassessing your strategies for new ideas to make a profit. I wish I could say that real estate investing makes millionaires over night which we all know is not likely. We all love to dream to make a fortune when we are young and live that fantasy life. I will not say it is not possible with real estate, but it all depends on how hard you are willing to work and give up making that possible. Many of the gurus out there say the exact same thing as I am telling you know. You are looking into a hard journey for about ten years of living modest and investing wisely. If you do that you will be successful in real estate.
There are many different types of real estate investors and what their ideas of investing are. The oldest and most traditional way is the old buy and hold scenario. I would purchase a piece of real estate and turn it into a rental. The rent should cover all costs and provide a little positive […]
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One will find at least one credit card in American household. These days carrying debt has almost become inevitable and in many households, is necessary. Most of the cases sound financial budget is forgotten. In between credit cards, mortgages, carloans, retirement funds, many of the Americans have no time to even ponder what to do next. The ever-growing debt consumes the largest chunk of their incoming resources. All said and done, a sound financial budget can be daunting for every person who is burdened with debt but not at all impossible.
The very first thing is to know how much debt is there with a person and how much is too much for him. Generally speaking, if more than 20% of the take home pay is going towards non-housing debt and rent or mortgage exceeds 30% of take home pay, then the person is overextended. In such case one must immediately take recourse to financial budgeting.
There are number of steps one can follow to establish a sound financial budget and eliminate debt. One need to adjust his spending habits to work out of debt trap and establish a sound financial budget.
The first key to establishing a financial budget is to find […]
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