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luni, 31 octombrie 2011
October is Energy Action Month
Thanks to This Month’s Sponsors October 2011 Graywolf's SEO Blog
Thanks to This Month’s Sponsors October 2011 Graywolf's SEO Blog |
| Thanks to This Month’s Sponsors October 2011 Posted: 31 Oct 2011 08:33 AM PDT
I’d like to say thanks to the people who sponsored the blog this month, without them there wouldn’t be regular posts here.
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Halloween at the White House
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Seth's Blog : How to get a job with a small company
How to get a job with a small company
Most advice about job seeking is oriented around big companies. The notion of a standard resume, of mass mailings, of dealing with the HR department--even the idea of interviews--is all built around the Fortune 500.
Alas, the Fortune 500 has been responsible for a net loss in jobs over the last twenty years. All the growth (and your best chance to get hired) is from companies you've probably never heard of. And when the hirer is also the owner, the rules are very different.
1. Learn to sell. Everyone has sold something, some time, even if it's just selling your mom on the need for a nap when you were three years old. A lot of people have decided that they don't want to sell, can't sell, won't sell, but those same people need to understand that they're probably not going to get a job doing anything but selling.
Small businesses always need people who can sell, because selling pays for itself. It's not an expense, it's a profit center.
2. Learn to write. Writing is a form of selling, one step removed. There's more writing in business today than ever before, and if you can become a persuasive copywriter, you're practically a salesperson, and even better, your work scales.
3. Learn to produce extraordinary video and multimedia. This is just like writing, but for people who don't like to read. Even better, be sure to mix this skill with significant tech skills. Yes, you can learn to code. The fact that you don't feel like it is one reason it's a scarce skill.
Now that you've mastered these skills (all of which take time and guts but no money), understand the next thing about small businesses--they aren't hiring to fill a slot. Unlike a big company with an org chart and pay levels, the very small business is an organism, not a grid. The owner is far more likely to bring in a freelancer or someone working on spec than she is to go run a classified help wanted ad.
And many small businesses are extremely bad at taking initiative that feels like risk. They'd rather fill orders than take a chance and go out prospecting for a person who represents a risk. And that's your opportunity.
When you show up and offer to go prospecting on spec, offer to contribute a website or a sales letter or some sales calls--with no money on the table--many small business people will take you up on it, particularly if they are cash-strapped, profit-oriented and know you by reputation. (Please don't overlook that last one).
Hint: don't merely show up and expect a yes. It's something you earn over time...
The rest is easy. Once you demonstrate that you contribute far more than you cost, now it's merely a matter of figuring out a payment schedule.
This is probably far more uncertainty and personal branding than most job seekers are comfortable with. Which is precisely why it works.
More Recent Articles
- The paradox of expectations
- Questions for a new entrepreneur
- If committees told the truth
- Arguing with success
- Your agenda
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duminică, 30 octombrie 2011
Mish's Global Economic Trend Analysis
Mish's Global Economic Trend Analysis |
- Massive Intervention in Yen; Japan Finance Minister Promises to "Intervene Until I'm Satisfied"; Race to Debase Back On; Will It Work?
- Financial Suicide: Head of EFSF says Bailout Fund Could One Day Issue Bonds in Yuan
- Czech PM Considers Referendum to Halt Joining EU
| Posted: 30 Oct 2011 08:54 PM PDT The headlines on the Yen tonight are rather amusing. Two hours ago Bloomberg reported Yen Climbs to Postwar Record Versus Dollar as Traders See No Intervention About 40 minutes ago Bloomberg reported Yen Drops on Intervention; Aussie Weakens About 10 minutes ago Bloomberg reported Yen Tumbles as Japan Sells Currency Third Time in 2011 The yen dropped as Japan stepped into foreign-exchange markets to weaken the currency for the third time this year after its gains to a postwar record threatened an export-led economic recovery.I like to watch these headlines for a bit to see where they are going. Here is a chart of the action. Yen 15 Minute Chart  Intervention Never Works Japan has struck out twice this year on intervention efforts and numerous times before. Why should this time be any different? Currency intervention never works. However, it may appear to work if by some lucky chance intervention came at the time the Yen was ready to reverse on its own accord. The race to debase is back on. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. 
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| Financial Suicide: Head of EFSF says Bailout Fund Could One Day Issue Bonds in Yuan Posted: 30 Oct 2011 03:29 PM PDT Klaus Regling, head of the European Financial Stability Facility has proposed European Bailout Fund Could 'One Day' Issue Bonds in Yuan The euro area's bailout fund could at some point issue bonds denominated in the Chinese currency, Chief Executive Officer Klaus Regling said in Beijing today.Financial Suicide Issuing bonds in another currency risks financial suicide. Currency movements add to the already massive potential risk of huge fluctuations because of leverage. Argentina blew up when it could no longer hold a peg in US dollars. While not a peg, imagine the losses on long-term bonds on a leveraged fund were the Yuan to rise by 33% vs. the Euro. Many homeowners in Eastern European countries have housing loans in Euros or Swiss Francs and have paid a severe price as the value of their currency has dropped vs the Euro and even more so vs the Swiss Franc. Perhaps the yuan would sink vs. the Euro, but anyone entertaining the risk is severely lacking in financial competence. Moreover, that Regling would even suggest such a foolish thing says the EU not only expects this crisis will linger for a long time, and it does not believe it has buyers for the debt it issues. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. 
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| Czech PM Considers Referendum to Halt Joining EU Posted: 30 Oct 2011 01:02 AM PDT The Czech Republic is having second thoughts about joining the EU, and rightfully so. The EU Observer reports Czech PM mulls euro referendum The ruling euro-sceptic ODS party in the Czech Republic wants to push for a referendum on the country's future eurozone accession, claiming that the rules have changed since 2003 when Czechs said yes to the EU and the euro.Conditions Have Changed It is crystal clear the rules and conditions have changed. Thus, the Czech prime minister is right to call a voter referendum. The ESM alone is reason enough to tell the EU bureaucrats where to shove it the Euro. For details, please see Treaty of Debt - An Eye Opening Video on the ESM Bailout Mechanism Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. 
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Seth's Blog : The paradox of expectations
The paradox of expectations
Low expectations are often a self-fulfilling prophecy. We insulate ourselves from failure, don't try as hard, brace for the worst and often get it.
High expectations, on the other hand, will inevitably lead to disappointment. Keep raising what you expect and sooner or later (probably sooner) it's not going to happen. And we know that a good outcome that's less than the great one we hoped for actually feels like failure.
Perhaps it's worth considering no expectations. Intense effort followed by an acceptance of what you get in return. It doesn't make good TV, but it's a discipline that can turn you into a professional.
More Recent Articles
- Questions for a new entrepreneur
- If committees told the truth
- Arguing with success
- Your agenda
- Memories of bitterness
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sâmbătă, 29 octombrie 2011
Mish's Global Economic Trend Analysis
Mish's Global Economic Trend Analysis |
- Treaty of Debt - An Eye Opening Video on the ESM Bailout Mechanism
- Chanos Interview: China Slowdown Just Beginning
- Absurd Comment of the Week; Peter Principle in Action
- Spain's Unemployment "Unexpectedly" Rises to 21.52%; Expect Market Focus to Shift from Greece to Portugal, Spain, Italy
| Treaty of Debt - An Eye Opening Video on the ESM Bailout Mechanism Posted: 29 Oct 2011 03:14 PM PDT Inquiring minds are interested in the terms of the European Stability Mechanism (ESM) accord scheduled to replace the EFSF. The following video highlights the key sections of the proposed treaty. Link if video does not play: Treaty of debt (ESM) - stop it now! There are comments on The Telegraph article A German view of the bailout deal which is where I found the video. Key Details of ESM Accord
There are no independent reviewers and no existing laws apply. Thus Europe's national budgets will be in the hands of one single, unelected body that is accountable to no one and immune from all legal actions. Is this the future of the EU or will the German supreme court and other governments put an end to it? Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. 
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| Chanos Interview: China Slowdown Just Beginning Posted: 29 Oct 2011 02:21 PM PDT Jim Chanos Says China Slowdown has just begun. There is not much new in the video actually. I just happen to think he is correct. The link came in an email I played while stuck in an airport on a plane delay back to Chicago. URL if video does not play: http://www.macrobusiness.com.au/2011/10/chanos-china-slowdown-just-beginning/ Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. 
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| Absurd Comment of the Week; Peter Principle in Action Posted: 29 Oct 2011 08:55 AM PDT The absurd comment of the week goes to Larry Summer for his statements on the irony of the financial crisis. The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending. Most policy failures in the United States stem from a failure to appreciate this truism...Anyone who thinks the cure is the same as the disease (as Larry Summers clearly does) is incompetent (at best). I found the reference when Zerohedge posted the Summers link with no comment. I suspect the Summers comment was so asinine that ZH did not even see a need to state it. Because he did not comment, I will. Peter Principle in Action Larry Summers may be one of the best examples of the Peter Principle that you can ever find. However, I suspect a case can be made that Summers did not rise to his level of incompetence, that he was never competent in any position, ever, and that he got where he is out of sheer luck, birthright, bribery, or some combination thereof. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. 
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| Posted: 29 Oct 2011 12:32 AM PDT With news of a "voluntary" haircut on Greek bonds of 50%, it's time to look ahead to the next big trouble spots. By measure of 10-Year government bond yields, Portugal at 11.8%, Italy at 6.02%, and Spain at 5.51% (as compared to Germany at 2.18%), Portugal, Italy, and Spain clearly have critical issues. Moreover, the economic data from Spain is continuously awful. For example Spain's Unemployment "Unexpectedly" Rises to 21.52% The number of unemployed persons increased by 144,700 in the third quarter, bringing the total number of unemployed amounted to 4,978,300 people, according to Labour Force Survey (EPA) released today by the National Statistics Institute (INE). Spain has not seen such a high unemployment rate since the fourth quarter of 1996.Austerity measures and economic reforms in the "Club-Med" Euro states are much needed. However, the short and intermediate-term effect will not be good for sovereign debt yields, budget targets, or GDP. Spain and Portugal are accidents waiting to happen (sooner rather than later), and judging from bond yields alone, it is safe to add Italy to that mix. The euphoria of a "settlement" (that fixes nothing) in regards to the crisis in Greece will soon give way to the massive number of even larger problems elsewhere in the Eurozone. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. 
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