CAREER PLANNING. STANDARD 2 STUDENTS WILL UNDERSTAND SOURCES OF INCOME AND THE RELATIONSHIP BETWEEN...

CAREER PLANNING

STANDARD 2STUDENTS WILL UNDERSTAND SOURCES OF INCOME AND THE RELATIONSHIP BETWEEN INCOME AND CAREER PREPARATION.

INCOME

What is minimum wage?Working part time or full time for a business pays at least minimum wage which is $7.25 an hour.

What is considered part-time?Part time is considered 20 hours or less in a week.

What is considered full-time?Full time is considered 40 hours a week.

WHAT DO YOU THINK

MINUTE-MINDER

List as many jobs as you can think of that have affected your life in the past 24 hours.

(ex. teacher, bus driver, etc.)

Job vs. Career

JOB VS. CAREER

A job provides you with the basics– cash and something to do.

A career is your chosen occupation. It provides you with challenges, opportunities, and a level of satisfaction.

CAREERS…

Determine your lifestyle

Should reflect your values

Provide you with personal satisfaction

“Money is important– but it isn’t everything.”

“To love what you do and feel that it matters– how could anything be more fun?”-Katherine Graham

OCCUPATIONAL NECESSITIES Class Activity

Let’s imagine for a while that the world had to start all over. Nothing exists but water, land, trees, animals and 50 people whose ages range from 10 to 50. Trying to restart the world, your group of 50 people has put you in charge of selecting the seven most necessary occupations to get the world going again. No training for any of these occupations is necessary. List the seven occupations and the reasons why you would select each one.

FIVE TYPES OF SMALL BUSINESS OWNERS

10

Idealists24%

Optimizers21%

Hard Workers

20%

Jugglers20%

Sustainers15%

Rewarded by chance to work on something new and creative

Thrive on the challenge of building a larger, more profitable business

Enjoy chance to balance work and personal life

Get personal satisfaction from being a business owner

High energy people who enjoy handling every detail of their own business

SOURCE: Study conducted by Yankelovish Partners, reported in Mark Henricks, “The-Cast,” Entrepreneur (March 2000), 14-16.

HOURS WORKED PER WEEK BYOWNERS OF NEW BUSINESSES

11

0

5

10

15

20

25

30

Less than 50 50-59 60-69 70-79 More than 80

Per

cent

% o

f N

ew

Bus

ines

s O

wne

rs

SOURCE: National Federation of Independent Business, Reported in Mark Robichaux, “Business First, Family Second,” The Wall Street Journal, May 12, 1989,B1.

Experiential Exercise: What’s Your Entrepreneurial IQ?

SOURCES OF ENTREPRENEURIAL MOTIVATION AND NEW-BUSINESS IDEAS

12

To Control My Future

To Fulfill a Dream

To Be My Own Boss

Downsized/Laid Off

Reasons for Starting a Business

In-depth Understandingof Industry/Profession

Market Niche Spotted

Brainstorming

Copying Someone Else

Hobby

Other

37%

36%

7%

44

Source of New-Business Ideas

Source: “The Rewards,” Inc. State of Small Business, 2001, May 29 2001, 50-51; and Leslie Brokaw, “How To Start an Inc. 500 Company,” Inc. 500, 1994, 51-65.

Joined Family Business41%

36%

27%

25%

5%

11%

RISKS OF OWNING A BUSINESS

Working long hours

Having an uncertain income

Being fully responsible

Risking one’s investment

THE RISKS OF STARTING A BUSINESS

REWARDS OF OWNING A BUSINESS

• Being your own boss

• Doing something you enjoy

• Having the opportunity to be creative

• Freedom to set your own schedule

• Controlling your salary

• Contributing to the community

TYPES OF BUSINESSES

Start your own business

Purchase a franchise business

Buy a new or existing business

Web-based business

FRANCHISE BUSINESS

PURCHASING AN EXISTING BUSINESSRay Kroc of McDonalds purchased a hamburger stand from the McDonalds brothersWho is Ray Kroc?

WEB-BASED ENTERPRISES

Businesses that generate their revenue directly from their website fall into the web-based business category

The following are web-based enterprises:

E-bay

Monster

Amazon

JOB APPLICATION

VS

RESUME

RESUME

A resume is - a personal data sheet commonly used to apply for a job.

It lists your skills and experience so that future employers can see what you have already done and whether your experience meets the job’s requirements.

You can find different templates (patterns) or example resumes in word processing programs that you can use to fill in your information in the spaces provided, without having to create your own layout.

SECTIONS OF A RESUMEContact Information

• Name, Address, Phone, Email (professional)

Objective Statement

• To obtain a job… where I can advance my skills…. Towards my goal of…

Work Experience

• List chronologically, most recent first

• Name, Dates, responsibilities (make GLAMOROUS!)Education

• List chronologically, most recent first• Name, Dates, advanced classes or concentrate

Skills

• Proficient in….• Communication, Organized, team work, work ethic, motivated, reliable, trustworthy,

Attention to detail, handles stress well, etc.

Awards and Accomplishments (optional)

• Honor Roll, CTE Skills Certificate, EMT, CNA

References

• People who have seen you work, DO NOT LIST FAMILY• References available upon request

SOMETHING TO CONSIDER:

If an individual gives misinformation (lies or is dishonest) about jobs, skills or anything on their job application, resume, in their interview, on their background check, or any other time during the hiring process or while working for that employer, they could be fired or not even considered for the job.

RESUME ASSIGNMENT

Create a Resume using templates in Word (File/New/Resumes and CVs/Basic Resumes)

• You may need to add, delete, or rearrange sections (copy and paste, then change the name)

Use the Resume Guide on the website.

Have someone proofread your resume and turn in a final copy.

Job Interview

INTERVIEW FOR A POSITION

INTERVIEW TIPS

Video (1:52)

• http://video.about.com/jobsearch/Job-Interview-Tips.htm

TIP #1Be punctual. If necessary, drive to the interview location the day before to ensure you know how to get there. A good rule of thumb is to be 15 minutes early.

TIP #2Prepare for the interview. Research the company and its products and services, and make sure you know the company's correct name. Stating the wrong name probably won't earn you a second interview.

TIP #3Relax and be yourself. So many times, people stress over a job interview. Your best bet is to be the best, professional version of yourself, and look at an interview as an adventure. You are likely to learn something new and useful, even if you aren't the right person for the job.

TIP #4Smile and be friendly. An interview is not the time to be shy. A warm smile goes a long way toward establishing a good first impression and rapport with the interviewer.

TIP #5Use a firm handshake and direct eye contact. A limp handshake or lack of eye contact can make you appear ill-at-ease and possibly less than honest. Greet the interviewer when you walk into the room and don’t sit down until they are seated or they ask you to sit.

TIP #6Bring copies of your resume and portfolio. Interviewers don't always have a copy of your resume available and you will seem ultra-prepared if you have extras. A portfolio containing samples of your work is also impressive. Of course, the type of job you are applying for dictates what goes in your portfolio.

TIP #7Look the part. You want your potential employer to be able to visualize you in the role. Good grooming and professional appearance are important. Even if you know the office is typically business casual, a well-fitting suit makes an excellent first impression. A good rule of thumb is to dress one step above what you will be wearing on the job. You don’t want to look underdressed.

TIP #8Ask questions. Make sure you have prepared a few questions ahead of time. Typically, interviewers gauge your interest in the position by whether you ask questions.

TIP #9Turn off your cell phone! Don’t pull out your cell phone at all, even when you are waiting. Use the time waiting for the interview to familiarize yourself with the office environment. Make sure you phone is all of the way off and don’t ever answer your phone during an interview.

TIP #10Write a thank-you note. Make sure you get business cards from every person who interviews you and send a handwritten note to each one. Make sure you spell their names correctly. So few people write thank-you notes that this alone will create a positive impression.

DID YOU KNOW?

It is illegal to deny an individual a job because of their race, color, religion, sex, national origin, age, or disability.

In fact, it is illegal for a potential employer to ask you any of the following information

in an interview:• Your age

• A disability• Your family• Your marital status• Your religion• Your national origin• Your race• Any military discharges• Your height• Your weight• Your sexual orientation

MOST COMMON QUESTION?

Tell us a little about yourself.

How would you answer that?

TELL ME ABOUT YOURSELF

Five-part structure:

1. Give yourself a title that says what you do;

2. Refer to your experience;

3. Mention your education;

4. Offer something unique about yourself;

5. Tie it in with what you can do for the company.

TELL ME ABOUT YOURSELF…

One Minute Me Statement

PARTNER INTERVIEW QUESTIONS

GREATEST STRENGTH & WEAKNESS QUESTION