Do You Have This Moneymaking Personality Trait

Do You Have This Moneymaking Personality Trait 104 To plan or not to plan. This is a guest post by Stephan Wiedner. If you’d also like to guest post here on JobMob, follow these guest post guidelines. Two flights, two kids, 16 hours of air travel and a 3-hour drive to our final beach-side destination. We tuck the kids in, flop down on our own bed, and whisper in exhaustion “we made it!” The next morning I roll over with the sound of waves gently hitting the shore and smile at my wife. “Good morning,” she exclaims, “so, what’s the plan?” What’s the plan??? We’re on holidays. The last thing I need is a plan.eval Despite our many similarities, there is one way in which my wife and I are dramatically different: she is a planner and I am a go-with-the-flow kind of a guy. Now, what the heck does this story have to do with earning more money in your job or career?eval If you want to maximize your lifetime earnings (i.e. make more money) â€" whether you are looking for a job or wanting to move up in the career world â€" you need to know which one you are because planners make more money than go-with-the-flow types. The MBTI Version of Planners Go-With-The-Flow Types If you’ve spent any time researching the Myers-Briggs Personality Type Indicator (MBTI), you’ll know that there are four personality dimensions: Introversion vs Extroversion (I vs E) Sensing vs iNtuition (S vs N) Thinking vs Feeling (T vs F) Judging vs Perceiving (J vs P) Diplomatic MBTI professionals are quick to recognize the strengths and weaknesses of each personality type (i.e. saying things like “Introverts are no better than extroverts. They are different.”) But what they don’t tell you is that the last dimension (J vs P) matters more than the others when it comes to earning money. If you want to make money, it’s better to be a Judger than a Perceiver. CareerAssessmentSite.com published the chart below which displays the average household income of all 16 MBTI personality types. The most obvious observation from the chart is that ENTJs make the most money, by quite a margin. But it doesn't easily reveal the most shocking insight. Using my limited graphic design hacking skills, I sliced and diced the original graph to group the Js and Ps together. After doing this, I immediately observed that the 6 highest income earners (ESFJs, ESTJs, ISTJs, ENFJs, ENTJs, and INTJs) are Js. The highest P income earners are ESTPs coming in at an unimpressive 7th place. Further slicing and dicing the original graph, I grouped each of the 8 Js with their closest P companion. The Js out earn the Ps 7 times out of 8. No other MBTI dimension can account for such income earning disparity. What is the Difference Between Judgers and Perceivers? Judgers tend to be organized and proceed in a linear manner. Perceivers tend to be more spontaneous and when they make todo lists, they don’t necessarily execute on them in a linear fashion. For example, when you go on holidays, do you have your daily agenda carefully planned out (Judger) or do you like to wait until you get there and remain open to the spontaneous possibilities (Perceiver)? When you have a goal, do you quickly make a todo list and execute on the plan (Judger)? Or do you prefer to take one step at a time, assessing your progress along the way (Perceiver)? Hopefully by now, you already know if you lean toward being a J or a P. If you want to have a more in-depth description of the difference between a Judger and a Perceiver, MBTI Consultant Hile Rutledge describes the different goal setting and decision making styles of Judgers and Perceivers in the following YouTube video. As a Perceiver, How Can You Make More Money? If you are a Judger, congratulations! You need to take that part of you and leverage it, especially when it comes to developing your income potential. Think of it like this. If you were a sailboat, your ability to plan and organize the outside world is your sail. Make it as big as possible so it propels your boat forward, depositing money straight into the bank. On the other hand, if you are a Perceiver and making money is important to you, then you will need to find other ways to propel your sailboat forward because your Judger sail might only be the size of a pillow case. Here are 3 suggestions to help Perceivers make more money in their career: 1. Surround yourself with Judgers Are you a team leader, manager, or business owner? Don’t just surround yourself with like minded Perceivers. Instead, make sure that at least some of the people that work for you are Judgers and can execute on the plan while you assess the progress along the way. 2. Work on your skills as a Judger In her book Mindset: The New Psychology of Success, Carol Dweck points out that the most successful people recognize that their skills and abilities are malleable. So too, is your ability to be more of a Judger even if your naturally inclination is to be a Perceiver. For your next project, try making a list of action steps and following through in a linear manner. For the next month, use a day planner and write down your objectives every day. It might not come easy but the more you flex that muscle, the stronger it will get. 3. Hire a kick-ass accountability coach If the burden of maintaining a plan overwhelms you, then offload that part of your success to a life or business coach that can hold you accountable. This will relieve you to do what you do best and earn a good income while you’re at it. Any other ideas, observations, or suggestions for Judgers or Perceivers? Please leave a comment below. About the Author Stephan Wiedner creates kick-ass accountability systems for solo entrepreneurs who want to forge a unique path in this world. He is also the founder of Noomii.com, the professional life coach directory. Connect with Stephan on Twitter or Google+. This article is part of the The $11K 8th Annual JobMob Guest Blogging Contest. If you want Stephan Wiedner to win, share this article with your friends. READ NEXT: How Do You Score on this Human Resources Personality Test?

Make the most of mentoring

Make the most of mentoring University and the life beyond offer many opportunities to be mentored and to mentor. If you are soon to embark on your HE career you may find students who are one or two years above you offer mentoring. Similarly if you have graduated, or will soon be entering your final year, there may be the chance to be mentored by an alumnus of your institution. Should you embark on this relationship? What might you gain from it? What do you want from mentoring? The single most important thing is to be clear about  what you hope to gain through the mentoring process. If you’re starting out in your degree what can an older student offer? An explanation of academic work which you find difficult? Advice on whom you can approach within the department for support on different matters? Help in understanding what you need to do to ensure that you avoid academic malpractice or plagiarism? Support when you have to make module choices? A friendly face when you feel lonely or homesick? Some of this support falls easily within the remit of a peer mentoring relationship. Some might be more problematic. An older student is not necessarily the right person to support you if youre finding work difficult. Advice a peer will give you on module choice is always going to be subjective and based on the student’s own experience, preferences and ability. Yours may be different. Your hopes from the relationship may be different if youre a graduate or finalist. You’re likely to be focussing on career support. Perhaps you want an insight into a particular career path, ideas on how to get into a particular profession or occupation, or even introductions to useful contacts? If youre at Warwick why not see what support is being offered in your chosen career area. What does your mentor want to offer? The key to a successful relationship between mentor and mentee is the sharing of a vision about the relationship and what can be offered. A mentor is offering to give up time to support the mentee. That’s an altruistic thing to do, it’s important to make the maximum use of what is being offered without abusing the kindness of the mentor. It’s easier to get the balance right when the relationship is between students, more care is needed if you have linked up with an alumnus from your university. Try to ask for information and don’t  have an expectation  that your mentor will hand over lists of useful contacts or be able to offer you meaningful work experience. Let the relationship develop through emails or perhaps over coffee and allow trust to build. It may be that, in time, your mentor will be able to offer you a real leg up the career ladder. How do you set realistic expectations? Talk to one another! Try asking what the other person hopes to get out of the relationship. Be up front about what you hope to gain, or what you want to offer. Where there is a clear mismatch in expectations, then talk this through and see if you can find a middle way. If you can’t find agreement then this particular relationship is probably not going to work out! Think about whether there might be better to look for another partner or rethink the whole idea of mentoring. What if you don’t actually get on with your mentor/mentee? A successful mentoring relationship normally requires some “chemistry” between the two parties. You don’t have to be best friends but it certainly helps if there is mutual respect and it is a good idea to work on building trust. If you are the mentee, then let your mentor define the early limits of the relationship, how you should make contact, how often and in what way. You need to allow time for the trust to build. And final tips? I asked Megan McMellon (2014-15 President of the University of Warwick Law Society) for her comments. She identifies a number of positives from one of the many schemes run at Warwick: The Law Society Mentoring Scheme, (sponsored by Allen Overy), has been extremely successful over the last few years. It provides an enormous amount of support to first year students, particularly in relation to academic skills and career planning. As well as giving you the opportunity to develop mentoring skills, becoming a mentor enables you to reflect on your own time at Warwick. Furthermore, the “family” structure of the scheme enables both mentors and mentees to get to know several other students, strengthening relationships between different year groups. And my thoughts? 1. Approach the mentoring with a positive mindset, it definitely won’t work out if you are negative. 2.  Why not give it a go, you dont have anything to lose! 3.Try to enjoy the time you spend together. You might both have things to learn!

What to Do If Your Business Has a Fire - Personal Branding Blog - Stand Out In Your Career

What to Do If Your Business Has a Fire - Personal Branding Blog - Stand Out In Your Career Although many of us go through great efforts to fireproof our home, we rarely bring this outlook into the workplace. While theres no replacement for a little bit of forethought and diligence, a fire at your place of business doesnt have to mean the end of your company altogether. In fact, approximately 60 percent of all U.S.-based businesses reopen their doors after a disastrous fire. Some companies have even gone on to achieve a great amount of success and profitability after such an event. Determine the Responsible Party The first thing you should do in the wake of a fire at your business is determine the responsible party. This depends on a number of different factors, including whether you lease or own the building, the exact cause of the fire and even your specific amount of insurance coverage. Keep in mind that some insurance policies only cover the contents of the structure and not the materials used in the actual construction of the building. Sometimes, you may need to wait until an investigation has been completed by your local fire department, police department or insurance company. If this is the case, make sure to maintain communications for further information and instructions. Safeguard and Secure Your Remaining Property If the fire has caused significant damage to the exterior walls, doors, windows or roof of your building, youll want to act quickly in order to safeguard and secure your remaining property. Smoldering remains should be fully extinguished and any large holes should be temporarily patched. Not only will this prevent vandalism after the fact, but a little bit of effort can go a long way towards minimizing the overall amount of damage caused. Contact Anyone Who May Be Affected Next comes the daunting task of contacting anyone who may have been affected as a result of the fire. This includes employees, board members, external partners and, in some cases, customers. If any activities or services need to be postponed or suspended, make sure to communicate that news, too. The last thing you want to do after a fire is to leave your valuable employees and business partners in the dark about the future of your company. Furthermore, dont forget to contact your insurance agent as soon as possible. A simple call or email will typically suffice, though large claims may require face-to-face consultation or even an on-site inspection of the damaged property. Get Your Documentation in Order Your insurance company will require proof regarding any claimed losses as a result of the fire, so be sure to have any pertinent documentation, including receipts, user manuals and credit card statements, at the ready. You may even want to take digital pictures or video of your property. Not only can this be used in determining your overall losses, it could serve as hard evidence in case any court proceedings should follow. Repair and Restore Damage If the structure isnt a total loss, you might be able to rebuild, repair and restore your business back to its original state. Extensive smoke damage, for example, can typically be cleaned up through a number of different tools so you can go on with business as usual after the restoration. Initiate the Recovery of Sensitive or Critical Data Depending on your exact case, you may need to take steps to recover any sensitive or critical data that was lost in the occurrence. Damaged servers, hard drives and even personal computers can all hold data critical to the day-to-day operations of your business. If the situation warrants, you may even consider hiring a third-party that specializes in data recovery and restoration, specifically in the event of fire. Such individuals are more likely to be equipped with the right hardware and software tools than a company that offers general disaster recovery services. Most data recovery experts will also be able to work with you in order to introduce techniques in disaster recovery planning and data loss prevention. Getting Back to Business Once everything has been restored to order, its finally time to get back to business. Make sure to outline a comprehensive fire safety plan when moving forward, just in case your business experiences another fire. You might also consider increasing your insurance coverage for the future. After all, its better to be safe than sorry.