Networking

How Important Is Networking to Your Career?

There are many constructive and fulfilling opportunities and outcomes in a successful career as a financial advisor. With the proper education and certification, there are a couple of pathways from which a person can choose. For example, an ambitious newcomer can get in on the ground floor at an established agency and take the road more travelled, building a clientele and climbing the corporate ladder over the years.

Another choice would be deciding to hang out his or her shingle and take the leap into establishing their own business. Either way, it's important to remember that while finance may naturally seem to be a business of and about money, it's really a business of and about people. The people you come to know, work with and serve over the span of your career will mean the difference between fulfillment and success or mediocrity and failure.

The Networking Newsletter

Networking does not necessarily have to be face to face to make strong and meaningful connections. There are benefits and advantages to building relationships and doing business via online. One good example is through newsletters and marketing. Being able to reach your networks with relevant and useful information can strengthen your networks and enhance your goals and objectives.

Listed below are helpful tips for engaging your online networking community through various publications.

Networking - 5 Things You Need to Know

Do you ever get the feeling that no matter what you do or how you do it, it's just not good enough, or not what people want? Maybe you just aren't looking in the right place? If so, I'd say you need to network, get out there, tell people what you're all about and how you can help them. Begin to network locally and then move further a field. Tell them what you have to offer and how it will benefit them, but don't go heavy on the big sell. The idea of networking is to spread the word and build links.

The world it seems isn't interested in people who want something from it. The world isn't interested in whether you really wanted that job or not, or why you can't get ahead in the business world, or why everyone else but you seems to be lucky! The truth is? The world isn't interested in takers, it's interested in givers, people with passion, dedication and excitement. People who are willing to give rather than to take.

The Value of Networking to Your Business

As a professional accountant I sometimes struggle with the people side of business. When things are going really well, I tend to neglect networking and marketing of my business. I am someone who can talk business all day long, but when it comes to being personable and building long term relationships with new contacts: I struggle.

As my company has added new products to the lineup, (and since they are right in my office building) I decided to join my local Chamber of Commerce. Of course, the first thing they do is point me in the direction of a get together they are having. Ugh! My experience has not always been positive with the coffees and social hours, but am keeping an open mind!

Networking and Golf

If you are a business professional, there is a good chance you will be invited to play golf with a possible future employer. This meeting could be the difference between you landing your dream job or settling for a lesser job. Golf has been a staple in conducting business for years and that is unlikely to change anytime soon.

Employers play a game of golf with a prospective employee to identify if he or she has a personality that fits his or her organizational culture. When an employer takes a prospective employee to play a game of golf it is usually for an upper management position. This does not mean networking during a golf game does not apply to other levels of employment. A business professional should always be aware of who he or she is playing with and should follow this guide.

The Secret to High Performance Isn't What You Think

I have been given projects and jobs that I had no experience doing and was trusted that I would do a good job. I don't say this to brag, but simply to point out that I know myself as, and am known to be a high performer. It is not that I have some super powers or am a genius or anything that you might think. What has me be a high performer is that I have a very high degree of integrity.

First, I want to say a bit about the meaning of integrity that I am speaking about. I am not speaking about anything that has to do with morality- with right and wrong or good and bad, that most people refer to when they speak about integrity. For example- you are good if you have integrity or bad if you don't. I am not talking about it like that, at all.

Why You Should Hire a Bankruptcy Attorney

Money that you've earned is better off in your pocket. A qualified bankruptcy attorney can turn a horrible word like bankruptcy into a breath of fresh air for your financial woes. Remember that filing isn't necessarily a bad thing for people who need it, as the process was created to provide relief.

The Different Types of Filings

Chapter 7 is beneficial for debtors that qualify and want to keep covered properties in exchange for manageable monthly payments. Almost all debts are completely wiped out. Debtors cannot legally contact you to make collections.

Chapter 13 is a court mandated payment plan for all financial problems, giving you three to five years to pay all debt back using new income. You have to pay back a portion of your debt, calculated by how much money you have available and how much you owe, back to creditors. With Chapter 13, there is more responsibility for repayment and continuing payment after the plan. This qualifies for both minor and major settlements.

Chapter 11 and 12 are used for businesses, allowing them to continue to operate without any harm to the business. This is beneficial on many fronts and happens more than you think. The latter is for farmers or commercial fishermen, allowing them to make payments on the season when it is more advantageous.

Student Loans and Tax Debt

Student loans and tax debt are both hard to eliminate. In court, you would have to prove 'undue hardship,' which means that you are completely unable to maintain the lowest standard of living if required to pay back tax debt or student loans. An example of undue hardship is if you become disabled.

Asking Questions That Matter

You cannot just claim bankruptcy; you have to go to a court and petition before a judge. A bankruptcy attorney can help you navigate this complicated process, ensuring the best possible outcomes. Many people are under the impression that bankruptcy will ruin their credit score. However, an attorney will tell you that the bankruptcy will remain on your credit report for ten years but will help you start rebuilding your credit almost immediately. A bankruptcy attorney can also help you keep your house. These laws are federal regulations, and cases are brought to federal courts, not state courts. Many states, however, have homestead exemptions that allow you to keep your house. A professional can help you interpret the laws in your state to protect your home and financial future.