Career planning entails choices. This means you have to choose a path you would want to lead your life to. A job or the work you do does not only help you financially but also has a great effect on your personal life-psychologically, emotionally, and physically. which is why it is imperative that you give career planning your full serious attention. This holds true, more so today that many new fields and opportunities are available.Career planning entails having a good understanding of the terminologies of job and career seeking. Try looking and reading at the following words:- Employment
- Position
- Job
- Occupation
- CareerReading them for the first time you’d think that they all mean the same thing. There are, however, slight differences. A manager and a machine operator are both employees in one company but the manager would more often refer to his work as a position, while the machine operator sees himself as an employee. Thinking of getting a career? Then it is also of importance that you familiarize yourself with these terminologies:- Career development
- Career management
- Career counseling
- Career guidanceThese are all steps to a systematic approach at making certain that you find the best career path and to progress satisfactorily. Career planning entails that you gauge your own planning capability. It’s you who will have to figure out and identify your short term and long term goals. You do your own decisions, choose your own options, and evaluate your resilience and flexibility. These factors are going to be very important when it comes to meeting career challenges. In the long run, all you have to rely on are your own personal management skills. Career planning involves life changing decisions, and different survival skills as well as role and work-leisure integration. Career planning would also mean acquiring good marketing skills. Do you know your skills and strengths? How about your weaknesses? Can you conduct an effective and efficient job search? Do you know what image you project and should project? Can you sell yourself to the employers? How do you make yourself more marketable? Career planning means taking your own steps at being aware of the opportunities available out there. You should keenly investigate labor trends and get hold of training opportunities. There is a high probability that you will be taking on more than 1 job in your lifetime, and by means of a well designed career planning system, you have a better chance of succeeding at your chosen career path. Through these, you are able to gain skills and experience, making you an even more productive and marketable employee.
Career Planning – How To Choose Your Path
Picking the Right Commercial Property Lender
What a Super Weekend for sports! No … NOT the Super Bowl (although I’ll get to that), I mean the Australian Open. When Federer plays Nadal in a Grand Slam final, you begin to lose words to describe what you see. Even the announcers were speechless, and it’s their job to talk! Hats off to Rafa for beating Federer in 5 amazing sets and dispelling any doubt as to who is truly #1 in tennis. If you’re not a tennis fan, go see this match. If it doesn’t make you one, you need life support.And many thanks to the Cardinals and Steelers for putting on an amazing show of their own. We have had two years in a row of “Good” Superbowls … the ones that live up to the hype and don’t have you dipping deeper into the chips before half time for something to do. Congratulations, Steelers for Championship #6. And may Kurt Warner come back one more season for another run to the Superbowl.Both of these events highlight the importance of having a coach get you to the top of your game. That’s why I talk about great sporting events so much. None of these players or teams would be where they are without the help of their coaches and mentors to help them fill the holes in their games and get more effort from them each and every week.This week’s commercial loan origination tip concerns your lender choices. When seeking commercial real estate financing for your clients, picking the right lender is half of the battle. There are different types of commercial lenders, each with its own set of lending preferences:o Depository Institutions which include Banks, S&L’s, Credit Unions, and Mutual Savings Banks. They prefer shorter term financing such as construction and bridge loans with adjustable or short term fixed periods and are very borrower oriented in their underwriting.o Life Insurance Companies and Pension Funds prefer longer term fixed rate loans, only lend on high quality properties, and usually offer only permanent financing.o CMBS or Collateralized Mortgage Backed Securitizers (Wall Street) usually only get involved in fixed rate permanent financing (although sometimes will do “floaters” or adjustable). They are “conduits” for mortgage originators, buying loans and putting them into securities.o Private Investors and Funds also like short term construction and bridge financing, although they are property oriented (looking for lower LTVs) and will lend on higher risk projects.o Mortgage Banks and Direct Lenders represent one or more of the above, fund or table fund the loan, do not keep it, but may service it.o Mortgage Brokers represent one or more of the above, but originate only.Researching the proper type of lender can save you hours of frustration and thousands of dollars in lost time and mis-applied fees.