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Wednesday, 5 February 2014

10 Reasons to Invest in Your Career

Not investing in yourself is like floating down a fast river without a paddle, map or knowledge of what's around the next bend. Things may go fine for a while, but at some point, you're going to realize you made a giant mistake.
To avoid such unforeseen disaster, you need to make a proactive and thoughtful investment in a plan for achieving your career -- and life -- goals.
And if that isn't enough to convince you, here are 10 reasons that investing in your career is a must:
1. It's the Greatest Return on Investment, Anywhere
The return on investing and improving yourself is astronomically higher than any financial investment you could make. From increased lifetime earning power and unimagined opportunities, to protecting yourself from unemployment and the satisfaction that comes from personal growth and success, the returns are enormous.
2. You're the Boss of You
If you're the president and CEO of You Inc., then it's your job to ensure you don't go out of business. It's your job to nurture growth and prosperity. You do this by planning carefully, performing consistently, operating true to your mission and investing in You Inc.
3. You Become More Valuable
Draw up two balance sheets for yourself. On the first, list your financial assets and liabilities. On the second, list your skills, ideas, knowledge, marketability, personal networks, passion and ability to make things happen. Increase your personal net worth by investing in your second list -- that's how you'll increase the assets on your first list.
4. You Can Become Great
You are capable of greatness. Most of us settle for just getting by, using a fraction of our capabilities. This is tragic. Realize your greatness by identifying your talents and investing in your potential.
5. You Can Achieve Your Goals
Your career and life goals are far too important to be just wishes. A mismanaged career can derail your life goals. Investing in yourself dramatically increases the probability of achieving your goals and is a real demonstration of your commitment to achieving them.
6. You Create Your Own Future
Your career is yours to mold. Investing in yourself gives you the clarity, power and tools to create your own future and take the path less travelled. Sometimes, investing means taking a risk, but that's the price of entry for success and happiness.
7. Because the World Is a Complex Place
You cannot know everything you need to know or do everything you need to do alone. You can't be your best without help. Find and invest in those who can teach you, show you the way and help you achieve your goals.
8. Life Is Too Short for Mediocrity
You don't have the luxury of being mediocre -- period. Whether you opt for self-improvement or outsourcing your weak areas to someone who can do them better, determine where you are mediocre and get help.
9. It's a Cliché, But on Your Deathbed...
The reason we hear this often is that it is so true. The passage of time will provide a perspective we don't have now. One day, you'll look back at your problems and successes and see them as bumps in the road. Your focus will be on the big picture: the life you led, opportunities pursued or abandoned, how happy you were, and the legacy you left behind. Investing in yourself will give you the courage and determination to be happy and do your own thing.
10. Who Else Can You Count On?
Let's face it: You're alone on this. No one has as much to gain or lose as you do. No one else is going to make those consistent investments in your development to maximize your career and life.
How to Invest in Your Career
Invest in understanding yourself better and developing your goals, plans, professional skills, knowledge, career management skills, networks, and your personal brand and profile. Do it yourself, or pay experts to do it for you.
Try thinking, planning, self-assessment tools, goal development, reading, consulting experts, getting coached, taking courses, upgrading or acquiring skills, and proactively marketing yourself. Recognize that investing in yourself often requires that you don't play it safe.


By Ian Christie, Monster Contributing Writer .

PERSONAL SWOT ANALYSIS AND THE BENEFITS.

SWOT Analysis is a useful technique for understanding your Strengths and Weaknesses, and for identifying both the Opportunities open to you and the Threats you face.
Originated by Albert S Humphrey in the 1960s, SWOT Analysis is as useful now as it was then. You can use it in two ways – as a simple icebreaker helping people get together to "kick off" strategy formulation, or in a more sophisticated way as a serious strategy tool. -
 
After you’ve defined your career aspirations and goals the next step is to understand more about yourself and your external environment. This is where the SWOT analysis is helpful. It stands for:
  • S = Strengths (internal)
  • W = Weaknesses (internal)
  • O = Opportunities (external)
  • T = Threats (external)
  •  

To get an idea of what you could incorporate into your own SWOT chart, look at some examples in each category:
Strengths
Strengths are your internal, positive attributes and selling points. You have some control over these. Examples include:
  • Positive personal traits.
  • Relevant skills, competencies, knowledge and work experience.
  • A solid education.
  • A strong network.
  • Commitment, enthusiasm and passion for your field.
Weaknesses
Weaknesses are your internal negative attributes. You have some control over these as well. Examples include:
  • Negative personal characteristics and poor work habits.
  • A lack of work experience or relevant experience.
  • A lack of education.
  • No network or a small one.
  • A lack of career direction or focus.
  • Weak professional or career-management skills.
Opportunities
Opportunities are uncontrollable external events that you can potentially leverage. Examples include:
  • Favorable industry trends.
  • A booming economy.
  • A specific job opening.
  • An upcoming company project.
  • Emerging demand for a new skill or expertise.
  • Use of a new technology.
  • Referral to a high-powered contact.
Threats
Threats are uncontrollable external factors that may work against you and require you to take protective action. Examples include:
  • Industry restructuring and consolidation.
  • Changing market requirements and their impact on your employer.
  • Changing professional standards that you don't meet.
  • Reduced demand for one of your skills.
  • Evolving technologies you're unprepared for.
  • The emergence of a competitor, either to your company or to you personally.
  • A company decision maker who does not like or support you.
An external factor can sometimes be both a threat and an opportunity. For example, the emergence of a programming language that replaces one you know is a threat if you do nothing about it and an opportunity if you commit to becoming one of the early experts.
 
 
BENEFITS OF PERSONAL SWOT ANALYSIS
 
There are lots of benefits and advantages of Personal SWOT Analysis for your success and betterment, Few of them are as follows,

1 Develops strategies and strengths to achieve your goals
2 Shine amongst your friends and colleagues, for best job prospects
3 Indicates your present position on the path of success
4 Measures your chances of reaching desired goals
5 Enhances your carrier, personality and life 
6 Better understand who you really are as a person 
7 Maximize your strengths and minimize your weaknesses 
8 An important step in enhancing life and career. 
9 Explores and enhances your hard skills and soft skills
10 It give you an insight into your personality traits and preferences
11 Focuses your Attitudes, abilities, skills, capacities and capabilities. 
 Give you an insight into your personality traits and preferences. 



DO YOUR SWOT ANALYSIS TODAY AND CHART AN INCREDIBLE PATH TO YOUR DESIRED FUTURE.