Contributed by Caroline Ceniza-Levine of SixFigureStart
A popular excuse for not making a big change is money. You don’t have enough money – training for new skills, career coaching, whatever support you need for the big change cost more than you have. You need the income you have – you don’t have any left over to save for the big change and you certainly don’t have the option of quitting to focus more time on the big change. However, although money is a legitimate consideration, it is not an obstacle you can’t overcome. It comes down to the math: how much do you need and where will you get it.
Think Robin Hood. Take from one place to give to another. Look at your discretionary income after the fixed bills are paid. Where can you shave off dollars to allocate towards your career change?
Raise your income. Can you start a side consulting business and use the proceeds for the big change? The graphic designer can create websites, the financial planner can give Quicken tutorials. I know a marketing director who did a brand strategy for a start-up to pay for her kids’ new swing set. However, remember that you need your energy for the big change — this job is just for money so pick something you know you can do in which you won’t get too invested.
Challenge your assumptions. Still don’t have enough? Have you really separated out discretionary income or are non-essentials still in there? (Cable TV is not an essential when you are questioning all expenses.) Are you sure you need this money? (Can you take a workshop instead of getting a long-term class?) Are you sure you have itemized all expenses? (When you are trying to find the wasted dollars, you need to take a microscope to your spending.) There are always gaps between what you actually spend and what you think you spend, so be willing to challenge your memory and actually look.
Caroline Ceniza-Levine is co-founder of SixFigureStart, a career coaching firm comprised exclusively of former Fortune 500 recruiters. Prior to launching SixFigureStart, Caroline recruited for Accenture, Oliver Wyman, Time Inc, and others. Email me at caroline@sixfigurestart.com and ask how you can attend a free SixFigureStart group coaching teleclass.
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NewsDon’t miss this is unique opportunity to gain information valuable to your business on an element of strategic importance to the North American Economy.
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Latinas in Corporate America
Industry Leaders, Leadershipby Tina Vasquez (Los Angeles)
Latinas are statistically the most underrepresented group in the workforce amongst minorities in the U.S. according to Ramona Armijo, a Latina Ph.D. candidate in Walden University’s Masters in Education/Knowledge Management. That’s the bad news. The good news is that their cultural understanding and language skills make Latinas extremely competitive candidates for filling top positions in the private sector to serve the growing Hispanic segment in the U.S. So why so few Latinas in corporate America? “Societal factors, including education and cultural traditions, often compromise the career objectives of high-achieving Latina women, but the lack of research on Latina professionals makes it difficult to address these factors,” Armijo said.
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Adam Sorab, CQS
Claire Smith, Albourne Partners
Jean-Charles Crouzet, Banque Heritage
Lindsey Clavel, Moderator, Hedgebay
Networking and cocktails following session
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Register here
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The mainstream media continues to grind out traditionalist messages about women, even though the economic recession has created some very untraditional realities for women at work and attitudes about working women are starting to shift. So say Rosalind Barnett and Caryl Rivers. Barnett is Research Director, Community, Families & Work Program, Women’s Studies Research Center at Brandeis University. She is considered an international expert on women’s issues and has written seven books and many articles on the topic. Rivers, a professor of journalism at Boston University, is the author of “Selling Anxiety: How the News Media Scare Women” among other books. The two spoke recently at the Women Action Media Conference in Cambridge, Mass.
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Ask-A-Recruiter: Financing Big Changes
Ask A RecruiterA popular excuse for not making a big change is money. You don’t have enough money – training for new skills, career coaching, whatever support you need for the big change cost more than you have. You need the income you have – you don’t have any left over to save for the big change and you certainly don’t have the option of quitting to focus more time on the big change. However, although money is a legitimate consideration, it is not an obstacle you can’t overcome. It comes down to the math: how much do you need and where will you get it.
Think Robin Hood. Take from one place to give to another. Look at your discretionary income after the fixed bills are paid. Where can you shave off dollars to allocate towards your career change?
Raise your income. Can you start a side consulting business and use the proceeds for the big change? The graphic designer can create websites, the financial planner can give Quicken tutorials. I know a marketing director who did a brand strategy for a start-up to pay for her kids’ new swing set. However, remember that you need your energy for the big change — this job is just for money so pick something you know you can do in which you won’t get too invested.
Challenge your assumptions. Still don’t have enough? Have you really separated out discretionary income or are non-essentials still in there? (Cable TV is not an essential when you are questioning all expenses.) Are you sure you need this money? (Can you take a workshop instead of getting a long-term class?) Are you sure you have itemized all expenses? (When you are trying to find the wasted dollars, you need to take a microscope to your spending.) There are always gaps between what you actually spend and what you think you spend, so be willing to challenge your memory and actually look.
Caroline Ceniza-Levine is co-founder of SixFigureStart, a career coaching firm comprised exclusively of former Fortune 500 recruiters. Prior to launching SixFigureStart, Caroline recruited for Accenture, Oliver Wyman, Time Inc, and others. Email me at caroline@sixfigurestart.com and ask how you can attend a free SixFigureStart group coaching teleclass.