You Can Add Luck to Your Job Search | Canada News Media
Connect with us

Business

You Can Add Luck to Your Job Search

Published

 on

Online News Platform

Once you identify what you are in control of throughout your job search, you begin to realize just how much control you have over “creating luck,” which is an integral part of job searching.

 

Ask yourself:

  1. Do you often blame your circumstances on bad luck?
  2. How can you add more luck to your life?

 

There are many things you can do to increase your job search luck. Meeting more people will make you luckier. Learning more skills will make you luckier. Becoming comfortable with taking risks and failing will make you luckier. Helping others will make you luckier. A well-crafted, result-oriented, optimized LinkedIn profile will make you luckier.

There is a tendency to think that luck is entirely random and uncontrollable, which leads to a victim mentality that successful people are lucky and we are not. Furthermore, when we succeed, we often minimize it due to luck, which undermines our self-esteem.

Without getting too existential, life’s hard truth is that every action we take is uncertain; therefore, there is an element of luck in everything we do. I am sure you have experienced more than once having done “all the right things” and not having achieved the results you were aiming for. Job searching is full of such scenarios. On the other hand, you can do everything wrong and achieve success. This paralyzes many people, but others find ways how to influence being lucky.

The key to creating luck is to be able to determine what you can and cannot influence. Making such determinations requires extinguishing your ego and any sense of entitlement you may have while doing so.

Anything you cannot influence is simply blind luck. Giving in to these factors and giving them mental energy is pointless. Blind luck includes things like your family, acts of God, where you were born, your life starting point, and the result of any single action you take. The last one is the one you need to come to grips with because many times, despite your best efforts, not everything will go as you wish, which is why the number one factor, which you have complete control over, in creating a job search luck is your hustle.

In other words, are you taking enough shots at your goal? Do you believe in your actions, or are you going through the motions?

Because we want “easy” (READ: feel entitled to), we drastically underestimate the number of attempts we must make before finding what respectively works for us to achieve the success we are after.

When we see success stories, we only see the end of the success story; we do not see all the struggles, failures, and hustles between the beginning and the end.

The second most important factor in creating luck is identifying opportunities. Not just any opportunities, but the right opportunities. This entails defining your circle of competence — an area of expertise that matches a person’s skills — which I often talk about. Having more than a rudimentary understanding of your field and industry, relevant topics to your career, skills you need for success, or your surrounding political and economic landscape positions you for lucky breaks. Additionally, you will be able to recognize emerging trends and subtle changes and capitalize on them.

Warren Buffett summarized the concept by saying, “Know your circle of competence and stick within it. The size of that circle is not very important; knowing its boundaries, however, is vital.” As Inspector Harry Callahan in Magnum Force, Clint Eastwood simplified the circle of competence concept when he said, “A man’s got to know his limitations.”

Dancing, music, gardening, and numbers, to name a few, are outside my realm of competency, which I accept; thus, I focus on what I am good at. Focusing on my competencies makes me luckier. After all, am I not more likely to succeed by doing what I am good at and enjoy versus trying to succeed outside my circle of competence?

The third factor in creating luck is to stand out so luck finds you. Being visible is crucial to being lucky, hence why networking is undoubtedly the most efficient way to find a job. Thanks to social media, promoting yourself, and connecting with like-minded people, is easier than ever.

The more people you connect with, the luckier you get — it’s not who you know; it’s who knows you.

In a previous column, I pointed out two life truisms:

  1. The world is made of extroverts for extroverts.
  2. The most connected people are often the most successful.

Being social, talking, learning, and listening to other people’s experiences will make you luckier. Participate in ongoing conversations and your community by building relationships online, posting, and commenting on LinkedIn, Facebook, Twitter, etc. As much as possible, spend time talking to people who are ahead of you — who are where you want to be. I like feeling as if I am the dumbest person in the room; that is how I learn. I am sure you know the adage, “The more you know, the further you go,” which can be interpreted as, “The more you know, the luckier you get.”

_________________________________________________________

 

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

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

Published

 on

 

CALGARY – TC Energy Corp. has lowered the estimated cost of its Southeast Gateway pipeline project in Mexico.

It says it now expects the project to cost between US$3.9 billion and US$4.1 billion compared with its original estimate of US$4.5 billion.

The change came as the company reported a third-quarter profit attributable to common shareholders of C$1.46 billion or $1.40 per share compared with a loss of C$197 million or 19 cents per share in the same quarter last year.

Revenue for the quarter ended Sept. 30 totalled C$4.08 billion, up from C$3.94 billion in the third quarter of 2023.

TC Energy says its comparable earnings for its latest quarter amounted to C$1.03 per share compared with C$1.00 per share a year earlier.

The average analyst estimate had been for a profit of 95 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:TRP)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

BCE reports Q3 loss on asset impairment charge, cuts revenue guidance

Published

 on

 

BCE Inc. reported a loss in its latest quarter as it recorded $2.11 billion in asset impairment charges, mainly related to Bell Media’s TV and radio properties.

The company says its net loss attributable to common shareholders amounted to $1.24 billion or $1.36 per share for the quarter ended Sept. 30 compared with a profit of $640 million or 70 cents per share a year earlier.

On an adjusted basis, BCE says it earned 75 cents per share in its latest quarter compared with an adjusted profit of 81 cents per share in the same quarter last year.

“Bell’s results for the third quarter demonstrate that we are disciplined in our pursuit of profitable growth in an intensely competitive environment,” BCE chief executive Mirko Bibic said in a statement.

“Our focus this quarter, and throughout 2024, has been to attract higher-margin subscribers and reduce costs to help offset short-term revenue impacts from sustained competitive pricing pressures, slow economic growth and a media advertising market that is in transition.”

Operating revenue for the quarter totalled $5.97 billion, down from $6.08 billion in its third quarter of 2023.

BCE also said it now expects its revenue for 2024 to fall about 1.5 per cent compared with earlier guidance for an increase of zero to four per cent.

The company says the change comes as it faces lower-than-anticipated wireless product revenue and sustained pressure on wireless prices.

BCE added 33,111 net postpaid mobile phone subscribers, down 76.8 per cent from the same period last year, which was the company’s second-best performance on the metric since 2010.

It says the drop was driven by higher customer churn — a measure of subscribers who cancelled their service — amid greater competitive activity and promotional offer intensity. BCE’s monthly churn rate for the category was 1.28 per cent, up from 1.1 per cent during its previous third quarter.

The company also saw 11.6 per cent fewer gross subscriber activations “due to more targeted promotional offers and mobile device discounting compared to last year.”

Bell’s wireless mobile phone average revenue per user was $58.26, down 3.4 per cent from $60.28 in the third quarter of the prior year.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:BCE)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

Canada Goose reports Q2 revenue down from year ago, trims full-year guidance

Published

 on

 

TORONTO – Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago.

The luxury clothing company says revenue for the quarter ended Sept. 29 totalled $267.8 million, down from $281.1 million in the same quarter last year.

Net income attributable to shareholders amounted to $5.4 million or six cents per diluted share, up from $3.9 million or four cents per diluted share a year earlier.

On an adjusted basis, Canada Goose says it earned five cents per diluted share in its latest quarter compared with an adjusted profit of 16 cents per diluted share a year earlier.

In its outlook, Canada Goose says it now expects total revenue for its full financial year to show a low-single-digit percentage decrease to low-single-digit percentage increase compared with earlier guidance for a low-single-digit increase.

It also says it now expects its adjusted net income per diluted share to show a mid-single-digit percentage increase compared with earlier guidance for a percentage increase in the mid-teens.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:GOOS)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending

Exit mobile version