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A Job Search Is Your Chance to Get It Right

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Impress Your Interviewer with Your Questions — Part 1

Few endeavours in life are as challenging and when done right, as rewarding as finding a new job. Job searching is a journey filled with uncertainties, rejection, and doubts. When faced with such challenges, imagine the mental power you could cultivate by considering your job search as your chance to get the most influential factor in your life, your job, right, or as close to “right” as possible.

I recently met with a job seeker who appeared to be in their late 40s. After eight years with a national telecommunications company, the last three as regional director of sales and marketing, he was let go due to structural changes, a common occurrence nowadays.

What I found remarkable was his excitement about his job search, which has been ongoing for over five weeks. Rather than being anxious, angry, and frustrated that he was job searching, as most job seekers are, he was excited about all the possibilities his job search could lead to…

  • working remotely
  • making more money
  • having a boss that actually “gets him”
  • having four weeks of paid vacation
  • being part of an RRSP matching contribution plan
  • doing meaningful work and therefore being happier

 

… his list went on.

 

He understood how his job colours every aspect of his life. Therefore, he saw his job search as a tremendous opportunity to improve his life.

Consider all the aspects of your life that your job influences, a few being:

  • Where you live.
  • The car you drive.
  • Where you vacation.
  • The quality of your children’s education.
  • Your identity. (There is a reason, when first meeting, people ask each other, “What do you do?”)

It has been my experience that a job search, especially when unplanned, often turns out to be a blessing in disguise, resulting in finding a better job and a better working environment. Understandably, most job seekers do not view job searching as a blessing, resulting in a negative attitude.

You should view your job search as more than just finding a job to secure financial stability. Think of it as an opportunity to redefine your purpose, explore new horizons, and reset your life. When treated as a chance for “life improvements,” which is how my conversation partner treats his job search, it becomes a transformative journey of self-discovery and growth.

 

Embracing Change: 

Being open to change and leaving behind the familiar is the key to making your job search as stress-free as possible. A job search offers a wealth of opportunities for transformation (READ: Create the life you want.). However, to take advantage of them, you must step out of your comfort zone and re-evaluate your skills and passions. Self-reflection and a realistic assessment of your strengths, weaknesses, and aspirations are necessary for this process.

When you actively seek out new opportunities, the essence of a job search, prioritizing your needs and wants, you begin to understand yourself and your true desires better, increasing your self-awareness, which is a competitive advantage.

 

Exploration and Reinvention: 

Your job search is a chance to explore different industries, job roles, and possibly living elsewhere. By broadening your perspective, you may discover hidden passions, untapped talents, and previously unimagined career paths. Job searching is an opportunity to align your values and passions with your work, creating a sense of fulfillment.

 

Personal Growth and Resilience: 

Job seekers will inevitably experience rejection and setbacks during their job search. Resilience and personal growth are fostered by these challenges. Each rejection or setback teaches valuable lessons, cultivating adaptability and determination. In adversity, perseverance builds character and strengthens your resolve to overcome future obstacles with grit and determination.

 

Expanded Networks and Connections: 

Networking—introducing yourself to people who can help your job search and building connections—is an essential part of job searching. As you engage with individuals from diverse backgrounds, you broaden your horizons and stimulate your intellectual and personal development. Networking exposes you to new perspectives and opportunities, often leading to making new friends or finding a mentor.

The connections you make while job searching do not end when you land a job. When maintained, these connections can be invaluable resources that can shape your professional trajectory.

 

Discovering Purpose: 

Looking for a job that provides more than a paycheck is a quest of sorts—a search for meaning and purpose. Your life’s purpose becomes more evident when you reflect on your skills, interests, and values. Your job search is your chance to align—to “get it right”—your work with your purpose, leading to greater job satisfaction and living a more fulfilling life.

When viewed positively, such as the job seeker I spoke to was viewing their job search, a job search you will see that your job search is your chance to reorient your life toward purpose and fulfillment rather than just pursuing jobs that are only a means to an end. By embracing change, exploring new avenues, and fostering personal growth, allowing your job search to be a transformative journey, you will open doors to uncharted possibilities.

When you see all the opportunities job searching offers you regarding reorienting your life, you realize job searching is good for you.

_________________________________________________________

 

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.

Business

Japan’s SoftBank returns to profit after gains at Vision Fund and other investments

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TOKYO (AP) — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments.

Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period.

Quarterly sales edged up about 6% to nearly 1.77 trillion yen ($11.5 billion).

SoftBank credited income from royalties and licensing related to its holdings in Arm, a computer chip-designing company, whose business spans smartphones, data centers, networking equipment, automotive, consumer electronic devices, and AI applications.

The results were also helped by the absence of losses related to SoftBank’s investment in office-space sharing venture WeWork, which hit the previous fiscal year.

WeWork, which filed for Chapter 11 bankruptcy protection in 2023, emerged from Chapter 11 in June.

SoftBank has benefitted in recent months from rising share prices in some investment, such as U.S.-based e-commerce company Coupang, Chinese mobility provider DiDi Global and Bytedance, the Chinese developer of TikTok.

SoftBank’s financial results tend to swing wildly, partly because of its sprawling investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia.

SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds.

The company’s founder, Masayoshi Son, is a pioneer in technology investment in Japan. SoftBank Group does not give earnings forecasts.

___

Yuri Kageyama is on X:

The Canadian Press. All rights reserved.

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Trump campaign promises unlikely to harm entrepreneurship: Shopify CFO

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Shopify Inc. executives brushed off concerns that incoming U.S. President Donald Trump will be a major detriment to many of the company’s merchants.

“There’s nothing in what we’ve heard from Trump, nor would there have been anything from (Democratic candidate) Kamala (Harris), which we think impacts the overall state of new business formation and entrepreneurship,” Shopify’s chief financial officer Jeff Hoffmeister told analysts on a call Tuesday.

“We still feel really good about all the merchants out there, all the entrepreneurs that want to start new businesses and that’s obviously not going to change with the administration.”

Hoffmeister’s comments come a week after Trump, a Republican businessman, trounced Harris in an election that will soon return him to the Oval Office.

On the campaign trail, he threatened to impose tariffs of 60 per cent on imports from China and roughly 10 per cent to 20 per cent on goods from all other countries.

If the president-elect makes good on the promise, many worry the cost of operating will soar for companies, including customers of Shopify, which sells e-commerce software to small businesses but also brands as big as Kylie Cosmetics and Victoria’s Secret.

These merchants may feel they have no choice but to pass on the increases to customers, perhaps sparking more inflation.

If Trump’s tariffs do come to fruition, Shopify’s president Harley Finkelstein pointed out China is “not a huge area” for Shopify.

However, “we can’t anticipate what every presidential administration is going to do,” he cautioned.

He likened the uncertainty facing the business community to the COVID-19 pandemic where Shopify had to help companies migrate online.

“Our job is no matter what comes the way of our merchants, we provide them with tools and service and support for them to navigate it really well,” he said.

Finkelstein was questioned about the forthcoming U.S. leadership change on a call meant to delve into Shopify’s latest earnings, which sent shares soaring 27 per cent to $158.63 shortly after Tuesday’s market open.

The Ottawa-based company, which keeps its books in U.S. dollars, reported US$828 million in net income for its third quarter, up from US$718 million in the same quarter last year, as its revenue rose 26 per cent.

Revenue for the period ended Sept. 30 totalled US$2.16 billion, up from US$1.71 billion a year earlier.

Subscription solutions revenue reached US$610 million, up from US$486 million in the same quarter last year.

Merchant solutions revenue amounted to US$1.55 billion, up from US$1.23 billion.

Shopify’s net income excluding the impact of equity investments totalled US$344 million for the quarter, up from US$173 million in the same quarter last year.

Daniel Chan, a TD Cowen analyst, said the results show Shopify has a leadership position in the e-commerce world and “a continued ability to gain market share.”

In its outlook for its fourth quarter of 2024, the company said it expects revenue to grow at a mid-to-high-twenties percentage rate on a year-over-year basis.

“Q4 guidance suggests Shopify will finish the year strong, with better-than-expected revenue growth and operating margin,” Chan pointed out in a note to investors.

This report by The Canadian Press was first published Nov. 12, 2024.

Companies in this story: (TSX:SHOP)

The Canadian Press. All rights reserved.

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RioCan cuts nearly 10 per cent staff in efficiency push as condo market slows

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TORONTO – RioCan Real Estate Investment Trust says it has cut almost 10 per cent of its staff as it deals with a slowdown in the condo market and overall pushes for greater efficiency.

The company says the cuts, which amount to around 60 employees based on its last annual filing, will mean about $9 million in restructuring charges and should translate to about $8 million in annualized cash savings.

The job cuts come as RioCan and others scale back condo development plans as the market softens, but chief executive Jonathan Gitlin says the reductions were from a companywide efficiency effort.

RioCan says it doesn’t plan to start any new construction of mixed-use properties this year and well into 2025 as it adjusts to the shifting market demand.

The company reported a net income of $96.9 million in the third quarter, up from a loss of $73.5 million last year, as it saw a $159 million boost from a favourable change in the fair value of investment properties.

RioCan reported what it says is a record-breaking 97.8 per cent occupancy rate in the quarter including retail committed occupancy of 98.6 per cent.

This report by The Canadian Press was first published Nov. 12, 2024.

Companies in this story: (TSX:REI.UN)

The Canadian Press. All rights reserved.

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