Tag Archives: job

No One Owes You A Living!

 

The world, including the US, does not owe you a living. Or as Dave Ramsey would say, “You Are NOT Entitled To Anything“. If you dream to make a widget and insist that everyone must support you in your dream and insure that you make a full time living making that widget, then i fear you may be sorely disappointed.  Especially, if your widget making imposes on others’ freedom and property rights.

There are very few, if any, financially successful people with no debt and have, or are building wealth, working only one job.  Often the most successful have at least 2 or 3 other gigs on the side going.  (Even Warren Buffet has several unrelated income streams going!)  When you are in your teens, twenties, and even into thirties, you have energy, vision,  and motivation that enable you to put in 10-16 hours a day, 6 days a week.  This allows you to save, build equity, and work towards your dream job if you aren’t already doing that.  When you are older and that energy level drops, hopefully those side gigs are the money invested which are then working for you rather than you working for it.

I recently wrote a blog which told of the near impossibility of a person to get into farming or ranching these days.  This is largely due to the out of balance cost of land vs its productive value.  However, it is not yet impossible to farm and build wealth – even without incurring massive debt!  It may take longer, however.  And, i know of absolutely no one – young or old, in the present or in the past- who can farm or ranch (or any other business for that matter) full time without some sort of side gig.  Read stories of old timers – they were blacksmiths, carpenters, mechanics, traders, transportation specialists, suppliers; any skill they could put to use for pay was engaged.  Wives farmed alongside their husbands, raised the children, and often had a couple side gigs as well.  (Yes, i know that many women are farmers and ranchers, i am one, but also raised my own children, managed the household, and help with the farm.)  It is the same today – if you want to farm (or start any business for that matter) you’d better put a sharp pencil to how you’ll put food on the table and a roof over your head.  Don’t incur debt and make sure you have some savings.  (a borrower is always slave to the lender).  Operational farm debt is as bad as school loans.  Debt for building  a depreciating asset may be the worst of all!  What if something happens to you?  make sure you have plenty of life insurance!  Liability, maintenance, disease, accident associated with buildings and machinery are expensive and ongoing.  Once debt is incurred for a single purpose gadget, you have to keep it going or you may default or leave your family with a ball and chain which seldom adds value (it may actually devalue) to your property. Better yet, don’t go into debt.

Keep your paying job and save your money before you buy a single acre or cow or gadget. Many ranchers today are leasing both land and cattle which can be a great way to get started with very little investment or risk.  Best book i’ve read on this is Greg Judy’s book, No Risk Ranching.  Maybe you won’t have the exact same opportunities that Greg has, but use your imagination – maybe you’ll have to move – as Allan Nation, founder and former editor of Stockman Grass Farmer, used to say, “Everyone has an unfair advantage.”  Figure out yours and put your best foot forward.

Many farmers today still abide by the ways of Earl Butz to ‘get big or get out’ and we now have such an abundance and overproduction of all products that prices continue to slide.  Yet, the mantra continues to be ‘produce more’  and use the economy of scale to maximise profits.  That may good to a point, but the cost to the environment has been substantial by farming ‘fence row to fence row’  and with government subsidies now firmly entrenched there is less risk of a ‘failed crop’ resulting in going broke regardless of debt load or lack of wise financial planning.

I’m not espousing a return to farmers falling out due to the vagaries of weather, political machinations, or burdensome regulations.  Without subsidies, food, fiber, energy prices could soar to the level of parity and the consumer would certainly cry ‘foul’.  But, we all must remember that the economic  rule of supply and demand may cause us to consider better management practices.

There is the concept of focusing on profit rather than production.  If it is possible to make more money producing 120 bushel corn to the acre rather than 200 bushels to the acre, would that be something to consider?  what is the cost to the land and quality of life to produce 200 and even 300 bushels to the acre?  Can i do a better job of regenerating and improving the soil i have to increase pounds, bushels per acre and lower cost as well?  There are a lot of opportunities and new/old practices to learn – the hard part is keeping it simple and CHANGE!  This is a head issue – don’t be a stiff necked people.

Speaking of quality of life – how have you organised your dream?  does it enhance and edify others?  or detract from the lives of others?  is it sustainable?  is it regenerative?  can you keep doing this for the next 60 years?   If not, it’s not sustainable and you had better have a plan in place for the future, less strong, less energetic you.  Will your model rely on unpaid labor of yourself or your family?

Happy Planning!

 

Proverbs 6:

1My son, if you have put up security for your neighbor, have given your pledge for a stranger, 2if you are snared in the words of your mouth, caught in the words of your mouth, 3then do this, my son, and save yourself, for you have come into the hand of your neighbor:  go, hasten,a and plead urgently with your neighbor.

4Give your eyes no sleep and your eyelids no slumber; 5save yourself like a gazelle from the hand of the hunter,blike a bird from the hand of the fowler.

6Go to the ant, O sluggard; consider her ways, and be wise. 7Without having any chief, officer, or ruler, 8she prepares her bread in summer and gathers her food in harvest.

9How long will you lie there, O sluggard? When will you arise from your sleep? 10A little sleep, a little slumber, a little folding of the hands to rest, 11and poverty will come upon you like a robber, and want like an armed man.

12A worthless person, a wicked man, goes about with crooked speech, 13winks with his eyes, signalsc with his feet, points with his finger, 14with perverted heart devises evil,
continually sowing discord; 15therefore calamity will come upon him suddenly; in a moment he will be broken beyond healing.

16There are six things that the LORD hates, seven that are an abomination to him:
17haughty eyes, a lying tongue, and hands that shed innocent blood, 18a heart that devises wicked plans, feet that make haste to run to evil, 19a false witness who breathes out lies, and one who sows discord among brothers.

 

Getting A Job – Networking Reigns!

Try this old school idea!

 

At least 70% of jobs are not even listed — here’s how to up your chances of getting a great new gig

As a member of modern society, you’re well aware that networking is one potential route to finding work.

But, did you know it might actually be the best way to get the job done? (The job of finding a new job, that is.)

Some estimate that upwards of 85% of open positions are filled through networking.

If you’re looking for work, it might be better to put your time into building your professional network rather than pouring through all those listings online.

Could networking actually the best way to find a new job?

The most common way to find work

The benefits and the overall impact of networking have received a lot of study in recent years. The results of these reports vary to some extent, but all agree that it’s definitely a popular way to get a job. Some experts say that 70% of people ended up in their current position thanks to networking. Others say it’s more like 80% or even 85%.

Even when figures are broken down into different categories of job seekers and people are asked how they landed their current job, networking tops every list. In one survey, conducted by LinkedIn and the Adler Group, “active candidates” were separated out from “tiptoers” and “passive candidates,” those who looked for work in more casual ways.

Regardless of the individual attitudes and approaches job seekers brought to the table, networking was the most popular way to get a job. For “tiptoers” it won out 3 to 1, and for even more casual job seekers, dubbed “passive candidates,” networking dominated other job-search methods on a scale of 7 to 1.

There are a lot of hidden jobs out there

One of the major reasons that networking is such an effective way to get a job is that there is something of a hidden job market out there. Some estimate that as much as 80% of new jobs are never listed but are instead filled internally or via networking.

In fact, getting a referral for a job opening from someone who’s already working with the company could give you pretty impressive odds. Only 7% of job applicants get this kind of referral, yet referrals make us 40% of new hires. Clearly, networking isn’t just one potential route to finding a new job — it’s actually the most effective path.

“At least 70%, if not 80%, of jobs are not published, ” Matt Youngquist, president of Career Horizons told NPR. “And yet most people – they are spending 70% or 80% of their time surfing the net versus getting out there, talking to employers, taking some chances [and] realizing that the vast majoring of hiring is friends and acquaintances hiring other trusted friends and acquaintances.”

There are many ways to network 

We really ought to come up with another word for networking — the one we have is just icky. But, networking doesn’t have to be an uncomfortable process. So, don’t let the thought of it intimidate you or turn you off.

Networking is really about connecting with people — and, like everything else, it helps to be sincere. So, backburner the job search process a little in your mind and focus on making new connections and strengthening existing ones. Then, be sure to let those contacts know what you’re up to professionally and where you’re looking to go next in your career. That’s networking! Here are a few other tips to consider:

  • Try to get out there and network the old-fashioned way sometimes, meaning face-to-face interactions. Online professional networking sites are great. But, personal interactions are often still the most powerful.
  • Have conversations that aren’t all about you with those in your network. Offer your help without looking for something in return. Helping others could end up coming back to help you in the end.
  • If you consider yourself on the shy side, don’t fear. Introverts can be great at networking. One important key is to come up with some questions and topics to discuss in advance. That should help you feel prepared and more relaxed.
  • Keep in mind that establishing a strong network takes time. Be ready to invest some effort on a regular basis. Then, your network will be there at the ready when you need it.

Find out how your salary stacks up on PayScale.

Read the original article on PayScale. Copyright 2017. Follow PayScale on Twitter.

Old, Stupid, and Lazy?!

I know I promote Dave Pratt and his Ranching for Profit video blogs a lot and, even though i don’t agree with him on many points, there are a lot of good points he eloquently describes which are applicable to any business – not only ranching.

I’ve ’bout got my hobby farm to the ‘old, stupid, and lazy’ stage, but gracious, how could i attract anyone to cover for me if they thought i was needing someone old, stupid, and lazy ?  😀

Here’s another great one!

Making Investments vs Creating a Job

Economic definitions:

Investment – an investment is the purchase of goods that are not consumed today but are used in the future to create wealth.  to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value.

Job – a paid position of regular employment.  a piece of work, especially a specific task done as part of the routine of one’s occupation or for an agreed price. Everyone has goals in life – some will involve being financially secure.  If you are interested in building financial wealth, there are a few basic premises which need to be incorporated into your plans.

1) Your saved dollars must be put to work!

2) Break free from the bondage of financial slavery by changing your spending habits

3) Invest in yourself – education or your own business

4) Learn to manage the money you do have – more money will not necessarily fix your financial problems

5) Debt is a hard task master – avoid it!

6) Use your income from a paid job to make investments that will gain in value while you continue your paid job.  Later you can retire from your job and enjoy your investments.

Many, many economic experts have different ideas about how to invest, so it’s up to you to decide who or what you want to invest in.

Dave Ramsey Investing Philosophy

How to Become Wealthy  – Nine Truths that can Set You on the Path to Financial Freedom

Rich Dad/Poor Dad – Dave Pratt, Ranching for Profit newsletter

Shabbat Shalom!

tauna

Faith, Family, Farm

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