Since our last post we have been brainstorming and coming up with a list of cons that we would like people to think about when the decision comes for you on how you are going to make money. After all we have focused on bring issues to your attention with this site on. Many of our e-mails that we have received since our last post have been very thankful of the pros that we pointed out, but many still fell that the cons are more important. People have mentioned that the cons are more of the deciding factor in their current decision to further their career choices. The pros are great benefits but the cons are all of the stuff that we are going to have to live with. We took this job very seriously to make our list as affective as possible. We took our experiences and came up with a list of things to think about and we still felt like we were missing something. To do a thorough research job we decided to talk to some acquaintances of ours and discussed our list with them to see if they had anything else to add since they have walked the walk so to speak in various industries. We feel that this list is a great starting point and taking contributions of cons from people that have made their business career decisions, we can provide you with first hand ideas to help.
Before we post the list, to start off with, everyone that we talked to, as well as us, want to make sure to stress the fact that you need to know the company you are joining. Among all of the people that we consulted with the one continuing similarity was that if large business is your career choice it is imperative that you know what you are up against in terms of management and the overall future for the company. So many people have lost their jobs and so many companies have gone under due to the fact that people just were oblivious to the market and the health of the company. First bit of advice before we start with our list (which will come in another post), is to get involved and be involved in what the company is doing and futures plans for the company. You need to be an active employee, we are not saying to have a hand in every business decision that goes on, that would almost be impossible especially in a large corporation and if you are in an entry level position. All we are suggesting is to at least hear about the future of the company and maybe even do a little research in the industry so that you are in the know and can make sure your future is secured. It is not a good idea to put all your eggs in one basket, well in this case in one company you have no clue about. The company’s health will affect you directly and it is important to know and be aware of: what competitors are doing, new products your company will be using or selling, how profitable your company is, what investments the company has now and for the future, and future industries the company plans to branch into. If you are ok with all of this that is the number one important tool that employees need to make sure of. Invest yourself into a company, be an active employee and you will have a solid security with your company.
Since our last post we have been receiving some e-mails and been asked more questions that deal with going more in depth about the pros and cons of working toward a lifetime career with one company. We have been given some specific examples and specific questions that some people have and we will do our best to answer all of these. Since we just started out with a general overview of getting a solid job with a company and some history that has helped contribute to the work force that we are in today, we will back it up and cover the pros and cons of this way on how to make money.
Making money this way has goods and has its bads like anything else. To make our decision on what direction we want to take; we all need to ask ourselves what we can live with and what we cannot live with. Some situations we will be put in we can deal with and others we can’t deal with. It is based on you the individual. First we will be covering the pros of being a part of a company that is considered a large category company. One of the nice things about getting a job with a large solid company is that you have plenty of room to grow within the company. At first if you can get a good job that is not a high paying position but because you have plenty of opportunity to advance, this is considered a good move toward your future. This for example, is the saying “You just need a chance to get your foot in the door”. Another way of saying it would be to take an entry level position and sacrifice now so that you will be able to put in your time and advance before you know it.
Another positive is the fact that you have a large variety of industries to choose from. Within those industries you also have different department you can choose from. This is a great thing to have because you can find your niche, and customize your work to what you like doing. You can move from department to department and take on different positions as you put in your time with the company. Another way that you benefit from this is not just the fact that you learn all of these skills along the way but you really get a sense of what goes on in the company or industry you are a part of. It is like learning the ropes so to speak. I for one am not someone that likes to learn one job and focus on that job for the next 10-15 years. For me that would get boring really quick. I prefer learning one position mastering it and moving onto another. Let’s face it, the more you know about the company as a whole and if you know all the ins and outs of a company, the more valuable you are to that company. The more you can contribute and the better the company is because you know what is position requires and you can have things run as smooth as possible for all departments and positions.
The next thing that is a plus in how to make money in a business setting is that you do have a certain amount of financial strength. By financial strength I am referring to the security that a large company or corporation can provide you with. Thanks to state laws, companies are required to pay its employees in a timely manner. Most paydays are weekly, or more common, bi-weekly. This gives you the assurance that your money that you have made and worked for will be there. You never have to worry about not having a check. This affects your life directly and will allow you to budget and have your personal finances go a lot smoother. This also ties in with a large company’s volatility. This means in a sound well managed company; you will be ok in hard times. When economies begin to slow they have the success behind them and they know how to be very resilient where they can get through the hard times. If you can find a good company like this anyone would not mind taking an entry level position to get into a corporation like that. This also has a direct relationship to benefits. How to make money in a large corporation does have strings attached into benefits. That is a huge bonus to working toward your success in life. You are a member within a company you can receive the rewards of the employee group that you are with from programs like this. Benefits include are: stock option, retirement packages, full healthcare, vacation time, and sick time. Power is in numbers and with a large company you definitely have numbers on your side.
Those are the main pros that holding a position in, and making money in, a company situation have. We would recommend examining what is important to you and what you can deal with. After all you are the one that has to make the overall decision for yourself. We hope we have been helpful with some food for thought and we will be putting together the next part focused on the cons of how to make money in a company.
This site covers the basics and will give ideas of how to make money in today’s world.