Karma's Role In Unemployment

 I know a very wise man.

He draws one of the the highest salary given by the government of our country.

Once we were having a discussion about struggles during initial days.

He said that there was a time when his parents had almost nothing left to sponsor his studies.

While he was failing all exams by thin margins.

I asked him how did he deal with that phase.

He simply said-

“God has given me two hands, two legs and a mind. I was sure that if any day I simply go out and start driving or do some physical labor, I will at least earn food for two times. This thought kept me going with full force until I found my way”

His words did magic to my thoughts.

That day I learnt that-

If you can't earn at your current level, be it any reason, shamelessly step down and you will become the best among rest and easily earn a livelihood.

There is another example-

In 2008, due to recession, a person lost his job of around 40K a month.

He didn't get any job even after repeated searches.

Finally he stepped down from his current level, opened a Chaat (snack) cart, hired two employees, used good quality oil and fresh products.

Slowly he built a customer base.

And now after a decade, he has rented out a store and is earning much more than that job.

Keep doing your karma (deeds) shamelessly, unbothered about what others may think, and you will definitely find a source of income.

-Anubhav Jain

Changing Yourself or Changing the World ?

Here are some things to consider every time you worry about what others might think........

If you are jobless........

Various Income Streams

WARNING: Not all income leads to financial freedom.

Understanding the different types of income, their sources, and how they are taxed is key to building wealth and achieving financial independence.

Here’s a list of them:

To answer your question, how can you create multiple incomes?

The only way to create multiple income streams is by deeply understanding how money is made.

Here is an example of each type of income, all following the same business (a food truck).

Employment: A cook who works for a food truck business and receives an hourly wage from the food truck owner.

Freelancing: A freelance chef who offers occasional party catering services with his own or rental food truck.

Solopreneur: A solopreneur who starts their own food truck business and operates it as a one-person operation, handling all aspects of the business from cooking to marketing to finance.

Entrepreneurship: An entrepreneur who starts their own food truck business, hires other chefs and staff and operates multiple trucks.

Investment: An investor who buys shares in a publicly-traded food truck company and earns returns on their investment.

Rental Income: A landlord who rents out food trucks with a parking space and collects rent payments.

Royalties: An author who writes and publishes food truck cookbooks and earns royalties from book sales.

Passive Income: An investor who provides capital for a food truck business and earns a share of the profits.

To create multiple income streams, deeply analyze each of these eight options and focus on the two or three that you have the best skills and resources to accomplish TODAY.

Which will you focus on?

Share below!

#BeBusinessSmart

-Hector Quintanilla

Hear me out all females

Resume not getting shortlisted ?

Hold on. It is not only about luck. Trust me. It is about skills, credibility, visibility, supply and demand to a very large extent.

It is not enough if you have skills. In addition, the world should know that you exist (visibility) and can clear the interviews (credibility) given an opportunity. It matters because companies spend significant time and money screening, shortlisting and interviewing hundreds of applicants already.

There is an order in which you fix things.

1. Ensure your skills are relevant, polished and top notch. There is no point chasing the job openings without it.
2. Get a higher degree from a reputed institute if possible.
3. Network with people in key roles both online and offline (if you join a reputed institute this aspect becomes easy). Tell them how you have been sharpening your skills over the last few months and how you are ready to interview for challenging roles. Request them to refer you at their workplace.
4. People don’t mind referring other genuine and capable people. In fact, they get paid for it in some places.

It is a fact that companies don’t have time to even screen all resumes they get on their websites or through consultants. Your resume should impress the person screening it in like 3 seconds to get shortlisted. So, how is it going to stand out among the millions of resumes floating around? Think about it.

-Imtiaz Mohammad

Freelancing

 If you are serious about Freelancing then grab a pen and paper before you continue reading the rest of the answer.

I have seen a lot of freelancers from India struggle to get their first job and that is not because freelancing is hard, its just because they don’t know the process of how to get started as a freelancer.

In this answer I will provide which anyone with decent skills can take and start their journey to become a freelancer.

Here are the steps:

1. List down your skills: On a piece of paper, list out the skills which you have currently. You don’t have to be an expert at it but you should be decent at those skills. It would be better if you list your skills in descending order of your expertise. Example: Skills include: Python, Django, Java.
2. Visit a freelancing site: Once you are done with the list, just visit any site like Upwork and search for projects which match your skills listed above.

Now comes the most important step, usually people start applying for jobs right here and they fail miserably. Here is what you should do instead.

3. Check your skills: Once you search for projects matching your skills, you will need to go ahead and pick any random project. Read the project description and figure out if you can really take-on this project. Analyse for yourselves if you have proper skills to handle the project. The most important thing here is to be honest yourselves. This step is to identify what skills you lack. List down the skills you lack on a piece of paper. Example: You may know Java but the project is Android based and you might lack Android application development skills.

4. Lets fill the gaps: Once you have identified which skills you lack, its better to master them first before you proceed ahead working on projects. You will need to learn those skills from scratch but it will boost your confidence. Learn online, buy books, refer to tutorials on YouTube or get courses from Udemy.com. There are plenty of resources to learn the skills and fill the gaps.

Step no. 3 & 4 are extremely important because as a beginner freelance developer it is impossible that one has each and every skill required as a freelancer, hence it is important to analyse ourselves before we apply for jobs.

Most people skip these steps and when they apply for jobs they are rejected because the client senses a lack of knowledge and confidence during the interview.

5. Working on a dummy project: Go back to the project you have selected, instead of placing a bid, try to implement the same project on your own. Test yourselves to see if you have really filled the skill gap which existed before. This will make you confident and also add a project in your portfolio. The significance of this step is to make yourselves confident when you apply for next projects.

6. Apply on your first project: The final step is to apply on projects, once you have the skills and confidence, applying on projects would be quite easy and your chances of acquiring a project would be much higher. Don’t get discouraged though, keep applying on projects.

7. Set a schedule: An aspiring/ beginner freelancer should devote his entire workday to three things. 1. Applying on jobs. 2. Improving your skills 3. Interviewing.

In case you have applied on jobs and yet to receive response from clients, don’t just keep waiting. Instead utilise those hours to further analyse yourselves and enhance your skills.

-Saurav Sharma