Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Career and wealth advancement 20130911 f (1)
1. A Synergy that Scale Career and Wealth Advancement
Agency for Development and Enterprise Ltd.
(ADEL)
recruitment 4 kenya
YOUTH CAREER & WEALTH ADVANCEMENT
TRAINING
IN PARTNERSHIP WITH ADEL &R4K
FOR GREAT IMPACT
2. A Synergy that Scale Career and Wealth Advancement
TENENTS TO CAREER DEVELOPMENT
Define your goals
Define the requirements of your goal
Create your career development plan
Review regularly & follow through
3. A Synergy that Scale Career and Wealth Advancement
Defining your goals
You can’t reach goals if you don’t have them.
Think about your biggest dream, your 5-year plan or your
10-year goal – whatever seems realistically achievable
and measurable to you.
Defining your goal can indeed be difficult, but it’s a
critical step.
This is often the hardest part of the career planning
process.
There is a lot of self-assessment and job market research
to be done to properly develop your goals.
When defining your goals, keep in mind that they may
change over time – and that’s OK. The most important
aspect is to have them written down.
4. A Synergy that Scale Career and Wealth Advancement
Define the requirements of your goal
Next, define the steps you will need to take in
order to achieve the requirements to be qualified
for your goal.
Record the skills, knowledge, experience,
education and network that you will need to
develop to become the ideal candidate.
Not sure where to start?
Review existing job postings to see the preferred
qualifications of employers for that role, and write
down where you do not yet meet the qualifications.
Many of our clients also look at self-employment
as an option, which this can apply to as well, but
the measurements may be slightly different.
5. A Synergy that Scale Career and Wealth Advancement
Create Your Career Development Plan
This is where your career planning process becomes
more visible and solidified
Stay objective and analyze the steps you will need to
take in order to go from Step 1 (where you are now)
to Step 2 (the requirements of your goal)
Create mini milestones that you can achieve within
specific time periods that are appropriate for your
goal and needs (ex. 3 months, 6 months, 1 year, 2
years)
Make sure to schedule supporting activities into your
calendar and force yourself to make time for them
6. A Synergy that Scale Career and Wealth Advancement
Review Regularly & Follow Through
Set aside a regular time to actively participate in the career
planning process, and schedule it on your calendar to ensure
you do not forget
Review your plan quarterly (at least)
Don’t let changes in your path or goals set you back
As long as you’re regularly making progress and reviewing
your career development plan, you can make quick changes
that reflect changes in the job market, technology or your
interests
If you properly engage in the career planning process by
creating a formal career development plan, you’ll be ahead
of the game and prepared to reach your goals. If you need
help with your career planning and want to speak with an
expert, feel free to reach R4K / ADEL for a deeper insight.
Affordability with Style
7. A Synergy that Scale Career and Wealth Advancement
PERSONAL BRANDING FOR JOB SEEKERS
In today’s job market, employers are looking for applicants
who stand out, have a unique skill set and are social media
savvy
So, just how can you be all this and more and in today’s
competitive job market?
First, figure out what you want to do and how you want to
be perceived
Next, figure out the specific skills and attributes that you
have to offer employers
And finally, show employers your value by building a
strong personal brand, continuing your education and by
sharing your valuable perspective.
8. A Synergy that Scale Career and Wealth Advancement
How to Get Employers to Love Your Brand
One of the key factors of building your personal
brand is creating one that employers and recruiters
will love, which will give you an edge on your
competition
To stay competitive in your job search, your
personal brand must tell a story about your unique
you
You need to feel confident marketing yourself as a
job seeker throughout your personal brand
9. A Synergy that Scale Career and Wealth Advancement
How to Harness the Power of Your Personal
Brand
Your reputation personally and professionally is tied to
your personal brand which is how you conduct
yourself around others and the sum of your personal
experiences and education that define your character
Whether it is a potential employer or a prospective
new client, people are going to Google your name to
see what comes up about you
Why not give a presentation? By having a portfolio of
your work online and a personal site, prospective
clients or employers can assess your skills.
Testimonials, Recommendations or accomplishments
all help you
10. A Synergy that Scale Career and Wealth Advancement
How to Get Hired: Show Perspective, Not Pedigree
It seems the dismal job market has created some real
cynicism especially among recent graduates
What are companies looking for?
How can prospective hires get a competitive advantage in
an overcrowded marketplace?
As a Recruitment consultancy, we look for people who are
curious, open, and collaborative
More than ever before, we want people who have eclectic,
varied backgrounds
People who are genuinely interested in the world around
them, who have a strong point of view and who can bring a
fresh perspective to their work.
11. A Synergy that Scale Career and Wealth Advancement
How to Stay on top in the Career Game
In today’s market, more employees are boosting
their education and training and implementing
other career-enhancing strategies to stay relevant
and to get ahead
Unlike the 1990′s when companies lavished
employees with endless training perks, today’s
students are self-funded and driven by the
realization that increased competence equals
continued employment
Personal branding has is a job-hunting prerequisite
12. A Synergy that Scale Career and Wealth Advancement
GOAL DEVELOPMENT WORKSHEET
A development goal is a statement of a desired
outcome or accomplishment that is specific,
observable and realistic
For you to progress in your career, you must set
goals
Here are a few questions to help develop your
goals hence progressing the vision of your career..
13. A Synergy that Scale Career and Wealth Advancement
GOAL DEVELOPMENT WORKSHEET
1.
2.
3.
4.
5.
What I want to accomplish and the competencies
(knowledge/skills) I want to acquire or improve by this time
next year are…
What I want to accomplish and the competencies
(knowledge/skills) I want to acquire or improve by the end of
the second year are...
What I want to accomplish and the competencies
(knowledge/skills) I want to acquire or accomplish by the end
of the third year are...
What barriers or obstacles might prevent me from
accomplishing my goals on time (e.g., time, money, and other
commitments)
What can I do to overcome these barriers or obstacles? What
resources are available to help me?
14. A Synergy that Scale Career and Wealth Advancement
TENENTS TO CAREER DEVELOPMENT
Define your goals
Define the requirements of your goal
Create your career development plan
Review regularly & follow through
16. Ask yourself
•
•
•
•
•
•
•
I have worked for your money ……
Does it work for me?
I handle money yes …………………
Do I manages it or it manages me?
I need to be wealthy …………..
I’m I working hard or SMART?
Do I want to be an entrepreneur or an
investor or both?
17. Ask yourself
•
•
•
•
•
•
•
I have worked for your money ……
Does it work for me?
I handle money …………………
Who manages the other?
I need to be wealthy …………..
I’m I working hard or SMART?
Do I want to be an entrepreneur or an
investor or both?
19. An Entrepreneur or an Investor?
An Entrepreneur
An Investor
• An entrepreneur is a
• The act of committing
businessperson who not only
money or capital to an
conceives and organizes
endeavor with the
ventures but also frequently
expectation of obtaining
takes risks in doing so.
an additional income or
• An entrepreneur willingly bear
profit.
the risk of a new venture if there • Investing means putting
is a significant chance for profit.
your money to work for
• An innovator who markets his
you. Essentially, it's a
innovation. He/She develops
different way to think
new goods or processes that the
about how to make
market demands and are not
money.
currently being supplied.
20. Levels of Entrepreneurial Development
Level One: The Self-Employed Mindset:
The emotional driving force behind the self-employed
person is not security but a desire for greater control over his
or her life, career, and destiny.
They want more autonomy. They want to do things their
own way. And they usually begin by creating a situation
where they do the same type of work they did while an
employee, but they figure out how to do it by themselves
and for themselves.
Level Two: The Managerial Perspective:
Those with a managerial outlook are often in a great position
to succeed as entrepreneurs, expect for two big
misconceptions that lead to massive problems.
21. Levels of Entrepreneurial Development
Level Three: The Attitude of Owner/Leader
Knowing how to step aside and let the business – and those
employees working in it – operate as a profit center not
reliant upon the owner’s constant hands-on participation
This kind of entrepreneur has created an organization that is
more self-sufficient and self-sustaining, and by doing so has
created more wealth, personal freedom, and free time.
Level Four: The Entrepreneurial Investor
With a business that generates profits, the entrepreneur
who has succeeded this far can begin to accept another
exciting challenge, that of managing money so that it
works to produce more money
Create a franchise
22. Levels of Entrepreneurial Development
Level Three: The Attitude of Owner/Leader
Knowing how to step aside and let the business – and those
employees working in it – operate as a profit center not
reliant upon the owner’s constant hands-on participation
This kind of entrepreneur has created an organization that is
more self-sufficient and self-sustaining, and by doing so has
created more wealth, personal freedom, and free time.
Level Four: The Entrepreneurial Investor
With a business that generates profits, the entrepreneur
who has succeeded this far can begin to accept another
exciting challenge, that of managing money so that it
works to produce more money
Create a franchise
23. Levels of Entrepreneurial Development
Level Five: The True Entrepreneur
Having learned new things and evolved through various stages of
entrepreneurial accomplishment and insight reaching the ultimate goal.
The true entrepreneur experiences a paradigm shift that involves a 4step process of changed thinking:
# 1: Idealization – Imagine gigantic, all-encompassing dreams for
creating the ideal world.
• #2: Visualization – Picture the ideal world as a reality and begin to
clarify this vision on a daily basis, filling in more details each day.
• #3: Verbalization – Begin to put words to the dream and talk of it as
if it was already happening.
• #4: Materialization – Because the effort and intention of designing
and believing in the ideal and the dream, things begin to fall into place
and happen in a natural and automatic way.
24. Characteristics Essential for Entrepreneurs
#1) Confident: Confidence is a hallmark of the entrepreneur.
Many confident women and men gain their sense of self esteem
and faith in their ability to greet challenges by acting – even
when they lack the confidence – and then gaining strength and
belief in themselves by seeing the results and gaining the praise
and respect of others.
#2) Feels a Sense of Ownership: Taking responsibility for getting
things done – and doing them with care and attention – means to
act like an owner: Solution based
#3) Able to Communicate: Entrepreneurs recognize that the most
important part of any business is the human element. HR–
whether in the form of clients, employees, or strategic partners –
are what makes or breaks a business, and communication is the
key to successful relationships with people.
25. Characteristics Essential for Entrepreneurs
#4) Passionate about Learning: Entrepreneurs are often
“autodidactic” learners, which means that much of what they
know they learned not in a formal classroom setting but instead
on their own by seeking out information, asking questions, and
doing personal reading and research
#5) Team Player: Those who go into business for themselves but
do not utilize teamwork wind up without the team but still have
all the work to get done
#6) System-Oriented: Like mathematical formulas, good systems
allow us to reproduce great results every time – with less and
less exertion of energy or resources.
#7) Dedicated: Entrepreneurs dedicate themselves to the
fulfillment of their plans, visions, & dreams, and that tenacity of
purpose generates electricity throughout the whole organization
26. Characteristics Essential for Entrepreneurs
#8) Grateful: Being grateful for what we have open us up to
receive more, and one reason that is true is because those
who are grateful appreciate what they are given.
#9) Optimistic: A positive outlook is essential for the
entrepreneur. Past shortcomings, failures, or
disappointments are relegated to the past so that they
cannot continue to haunt the present or obstruct the future.
#10) Gregarious: Because business is all about people,
entrepreneurs tend to be socially outgoing. They get
excited about sharing ideas, products, and services, and
that excitement is contagious to their employees, clients,
friends, and other contacts both within and beyond the
business sphere.
27. Characteristics Essential for Entrepreneurs
#11) A Leader by Example: Entrepreneurs not only lead
themselves through self-motivation as self-starters who
jump into tasks with enthusiasm, but they are also skilled
at leading others. They know the importance of teamwork,
and they understand the need to appreciate others, support
them, and reward them accordingly.
#12) Not Afraid of Risk or Success: Many people could be
successful if they only took chances. And many people
who do take chances and become somewhat successful
find the realization of their dreams an overwhelming
possibility, so they sabotage their continued success by
retreating back into a comfort zone of smallness.
29. SAVINGS & INVESTMENT
Savings refers to that part of income which isn't consumed
Investment means an addition to the stock of physical
capital
Savings and investment are two crucial economic variables
by which we can measure a person’s physical quality of
life and standard of living
Saving money as early as possible will help one and his
family to achieve more stable life than someone who has
no savings
Warren Buffet: If a person has to become a millionaire at 65,
then he has to save $10 per day if he is at the age of 25. Saved
amount of money generate 8% returns per year. This example
shows the importance of savings in one’s life.
30. IMPORTANCE OF SAVINGS
1. To meet unexpected expenditure in life
2. Savings act as an inducement for investment
3. Makes a feeling of rationality: Every normal human
beings are rational in behavior.
4. Children’s education: One of the most important things a
person can do is to educate his children.
5. Achieve a feeling of self reliance: A habit of savings give
people the ability to enjoy independence and power to do
things.
6. 6. Security of the family: Everyone fears death. So they
are always aware of the stability and security of their
family. It forces them to save a portion of their income.
.
31. INVESTMENT
The act of committing money or capital to an endeavor with
the expectation of obtaining an additional income or profit.
1.Putting your money to work for you. Essentially, it's a
different way to think about how to make money.
2.Growing up, most of us were taught that you can earn an
income only by getting a job and working. And that's exactly
what most of us do. There's one big problem with this: if you
want more money, you have to work more hours
3.However, there is a limit to how many hrs a day we can
work, not to mention that having a bunch of money is no fun
if we don't have the leisure time to enjoy it
32. TYPES OF INVESTMENTS
Type
Features
Pros
Cons
Bonds
Grouped under the general
category called fixedincome securities
The term bond is commonly
used to refer to any securities
that are founded on debt
When you purchase a bond,
you are lending out your money
to a company or government
In return, they agree to give
you interest on your money and
eventually pay you back the
amount you lent out.
The main
attraction of bonds
is their relative
safety.
If you are
buying bonds
from a stable
government, your
investment is
virtually
guaranteed,
or risk-free.
Because
there is
little risk,
there is little
potential
return.
As a result,
the rate of
return on
bonds is
generally
lower than
other
securities.
33. TYPES OF INVESTMENTS
Type
Features
Pros
Cons
Stocks
When you purchase stocks,
or equities, you become a part
owner of the business
This entitles you to vote at
the shareholders' meeting and
allows you to receive any
profits that the company
allocates to its owners
These profits are referred to
as dividends.
Compared to
bonds, stocks
provide relatively
high potential
returns
The only way
that you can make
money is if the
stock increases in
value - which might
not happen.
While bonds
provide a
steady stream
of income,
stocks
are volatile.
No guarantee
Some Stocks
don't pay
dividends
Mutual
Funds
A mutual fund is a
collection of stocks &bonds.
Its pooling money with
other investors, enables u (as
part of a group) to pay a
professional manager to select
specific securities for you.
You can invest
your money
without the time or
the experience that
are often needed to
choose a sound
investment.
You give
your money to
a professional
to choose and
investments on
your behalf
(No control)
34. Type
TYPES OF INVESTMENTS
Features
Pros
Cons
Alternative
Investments
Options, Futures,
FOREX, Gold, etc
These are numerous
alternative vehicles,
which represent the
most complicated
types of securities and
investing strategies.
They are
generally highrisk/high-reward
securities that are
much more
speculative than
plain old stock and
bonds
Yes, there is
the opportunity
for big profits,
but they
require some
specialized
knowledge..)
Real Estate
Investment in land
and housing with
anticipation of capital
growth and return on
asset
Offering a wide
range of options with
differing capital
requirements that
determines
affordability
You can invest
in stage and over a
negotiated long
period of time
They are in most
case assured
collateral for loans
Give & assured
capital growth a
times through
speculation
The capital
outlay maybe
demanding,
though pulling
resources
through groups,
has made it
more
affordable
35. Now that you know!
• Make prudent investment
choices!
• Invest now
• Buy you piece and secure
your generations