I hosted an amazing call last week on how to tap into the hidden job market. I would LOVE to get this information into your hands, because it has the power to change your life. No joke. And it is easier than you think! The information is immediately accessible online. Learn more here.
When you understand how to tap into the hidden job market, it is super easy to go after ANY LEVEL position at companies that are growing and expanding, just like the ones below:
WASHINGTON: Activity in the US services sector jumped in July, with virtually all non-manufacturing industries experiencing growth, the latest sign of building momentum in the American economy.
The Institute for Supply Management said on Tuesday (August 5) that its non-manufacturing purchasing managers index jumped 2.7 points, to 58.7 last month – a larger increase than analysts expected. Sixteen of 17 industries in the services sector, the driver of the US economy, notched increases, said the PMI report, which analysts said was the best since 2005.
“Conditions are improving,” according to one survey participant in the construction industry. “Business is still very good,” said a supply manager in retail trade. “Expecting continued growth in the second half of the year.”
The report is the latest to indicate that the US economy continued to strengthen in the second quarter after a soft first quarter blamed on extreme cold weather.
Last week, the US government said the economy grew by a robust 4.0 percent in the second quarter and that it has generated at least 200,000 jobs per month since February. A reading over 50 in the PMI report indicates growth. It has now shown growth for the 54th straight month.
The report said 16 industries reported growth in July, including construction, real estate, retail trade, accommodation and food services, and management of companies. The only sector to contract was utilities.
The report indicated growth in business activity, new orders and employment. However, the prices index dropped by 0.3 of a point from the June level to 60.9. Economist Jim O’Sullivan of High Frequency Economics said the report was “much stronger than expected, adding to the growing list of data showing a net pick-up in the trend in growth this year.”
There are many articles about industry growth popping up lately! I have listed a few articles and links to company hiring trends below. Remember, it doesn’t matter as much who they are hiring, but that they are moving, growing and expanding. 90% of 6-figure positions are never advertised, so use this information as an indicator and fish where the fish are!
As I mentioned in Part 1, job search can be challenging. Here are my last 4 common pitfalls and how you can avoid them:
Pitfall #5: Not Being Open to Try New Job Search Methods
In this job market you are going to have very little success if all you do is answer a handful of posted jobs.
The Solution: Put Yourself Out There and Do Something New
My clients who are having success right now are the ones that are using direct mail programs, learning how to research and use strategies to tap into the hidden job market (actually quite easy) and learning how to leverage LinkedIn to pull opportunities to them.
Pitfall #6: Putting All Your Eggs in One Basket
I worked with a client once who secured three interviews a week after I sent this client her final resume copies.
She was so excited and I was excited for her. But when I asked her how her job search strategies were going, she said she was just waiting for her immediate interviews to pan out before she did anything else. Though I encouraged her not to do this, her mind was made up.
Six weeks later, all three potential job opportunities fell through and my client was left with an empty basket and the daunting task of starting all over again from scratch.
The Solution: Keep Going
You can avoid this pitfall by keeping your pipeline full and your job search activities consistent until your first day at your new company.
Pitfall #7: No Strategy
In order to be successful in your job search, you MUST have a foundation of basic goals and a clear understanding of your driving motivators. If you don’t, you aren’t going to know what to focus on or where to best invest your time and energy.
I have worked with job seekers who when they first came to me shared that they had been in “I’ll know it when I see it” job search mode for over a year with nothing to show for it.
The Solution: Know What You Want
Know what industries you are targeting and why, what your salary goals are, your time frame, and your basic game plan before trying to move forward. You’ll be so glad you did!
Pitfall #8: Work/Life Imbalance
You can’t job search 8 hours a day. Well, you can, but if you do you will probably be feeling drained and burnt out in no time at all.
During a job search you will most likely be experiencing more stress than normal, so it’s important that you take better care of yourself and take more time off then perhaps you are accustomed.
This isn’t a luxury! It’s actually a vital part of your successful job search.
The Solution: Strike a Balance
Eat right, get plenty of rest and do plenty of those things you love to do. This way you will have lots of energy for creativity and strategy. You will be rested, clear-headed and enthusiastic in your job interviews, which will make a positive impression.
So, if you see yourself in any one of pitfalls, take heart and use these simple techniques to break through the hurdles so you can stay focused and confident as you move toward the career opportunity you really want!
A job search is very exciting, but it does not come without its challenges – challenges that can stop you in your tracks, shake your confidence and cause you to doubt yourself, or tempt you to settle for much less than you know you deserve. Here are the first 4 common pitfalls and how you can avoid them:
Pitfall #1: Thought Paralysis
Have you found yourself talking your way out of multiple potential opportunities? You may have job search thought paralysis!
This can lead to hours of heavy contemplation and inner dialogue concerning each move you make in your job search.
Soon hours turn into days and days turn into weeks!
Don’t fall for negative internal dialogue! No one can know what company is hiring internally and you can’t read the minds of potential employers.
Countless times my clients have told me that their incredible job opportunity came from the most surprising place or out of the most unique circumstances.
The Solution: When in Doubt, Send Your Resume Anyway
Don’t assume you know what the company, other party or networking contact is thinking! Go ahead and send your resume.
Pitfall #2: Fear
Bill Briggs was the first man to ski Wyoming’s Grand Tetons. His friends told him it was impossible and that he was crazy. On top of that, Bill had a surgically fused hip. He knew he would have to reckon with cliffs thousands of feet high, falling rock and potential avalanches.
Regardless of all that, he took the challenge. Bill stated simply, “If there is no risk, there is no adventure. Adventure is a part of life.”
Your career – and certainly the wild ride of changing jobs– is indeed an adventure, and one that makes demands on your virtues, including bravery.
It is worth giving your job search 100% simply because you are worth the job you want.
The Solution: Face Your Fears Head On
Face those fears by taking small steps and breaking down your tasks. Create systems and celebrate small successes. Make a list. Do at least one thing right now. Do two more things tomorrow. Three simple steps will get you traction that will lead you quickly and positively to more action.
Pitfall #3: Perfection Paralysis
Feel like everything must be perfect before you can move forward? This is a common pitfall that can stop your job search before it even begins.
Your goal needs to be progress, not perfection. Although this might not be your motto in other areas of your life, when it comes to your job search, the key is implementation.
A client said to me once regarding making follow-up phone calls: “I just can’t get it right.”
Of course we all need a solid and effective phone script, but the secret isn’t in getting it right as much as just getting it done.
The Solution: Make a List
The best way to move forward is to make a plan regarding whatever project you are working on. Create a detailed list of each step you need to take. Now make a note of what tasks you can do, what tasks you don’t know how to do, and what tasks you know how to do but don’t want to do. Now you can figure out what you can start on right now, what you need to farm out to someone else, and what you need to hire someone to help you with.
Pitfall #4: Doing Everything Yourself
Not knowing how to do something often acts like quicksand and can stop your whole job search in its tracks.
Conducting a job search involves a lot of little parts and pieces and one of the reasons why it is so tempting to fall back on job boards is because it has a system. You do A, B, and C and then you’re done. And you feel like you have at least done something.
To avoid this you must make what you know you should be doing manageable. You must create a system so that your job search is turnkey.
There is also the mundane tasks that are associated with a job search. Have you ever figured out how much you make by the hour? If you make around 100k per year at an 8-hour a day / 5-day work week you would be making about $48 per hour. So, if you spending hours and hours trying to rewrite your resume yourself, printing out resumes and licking envelopes you need to ask yourself: are these tasks worth $48 an hour?
The Solution: Delegate
Sub this energy draining work out! Hire a resume writer. Go to InstiPrints, hire a virtual assistant or your own teenager and get them to help you with the administration for a third of the cost of you doing it yourself.
This way you can concentrate on the big payoff activities that are worth your salary.
This will ensure that these important tasks get done and you stay motivated!
Finding the hidden jobs is easy, and anyone can do it. This video shows you how to find as many as you want. This video was made by my dear friend and mentor, the late Mark Hovind who passed away a few months ago. Mark was the only expert in the US that aggregated numbers from the BLS/US Census Bureau to educate job seekers that there are plenty of jobs available at all job levels all across the US.
Are you an executive in the job market? Executive-level job changers seem to have the most difficult time out in the job market. Their reasons range from never having to actively look for a job before to simply not knowing where to start. Typically executives begin by contacting a recruiter, connecting with one or two industry peers and maybe answering a few executive job ads they found on a major job board. Because these efforts rarely produce any significant results, they soon begin to feel a range of negative emotions and the downward spiral begins.
So where are the executive jobs? Well, that’s the million dollar question. In short, to receive multiple, high quality interviews for key executive positions you must have a clear plan followed by a significant level of market exposure. Here are several highly effective techniques and resources to get your phone ringing in no time:
Every successful project starts with a great plan. Focus on one or two industries and one or two positions that interest you. You need to know this information before you can penetrate your market, design a compelling resume or know what you are going to emphasize in your interviews…it all starts with your focus of direction. If your target industries are in significant growth mode, you stand to do even better in the job market.
Now you need to figure out where to invest your job search efforts. If you plan to remain in the same industry and/or function….recruiters are well worth contacting! And since recruiters are generally driven by industry vs. geography, don’t forget to connect with those recruiters that match your industry, but may be out of State.
Resources:For FREE you can find recruiters by industry at www.i-recruit.com. For a relatively small investment you can access lists at The association of executive search consultants www.aesc.org. And for top executives try www.ritesite.com. John Lucht is the author of Rites of Passage at $100,000 to $1 Million+… He has an affordable and easy system for connecting with the right recruiters.
Did you know approximately 80% of key positions are filled before they are ever advertised? Contacting companies and their respective decision makers is a great way to gain in roads and initiate discussions that lead to interviews. Better yet, contact companies who are in a growth mode. Want to add some rocket fuel to that? Introduce a value proposition (letter) to help them in their growth mode. Are you a turnaround or start up expert? Send your resume to venture capital firms. Here is another tip: nationwide, the industries expected to generate the highest number of future executive-level jobs are high-tech, healthcare, business services, pharmaceutical/medical/biotech, and energy/utilities.
There ARE benefits to searching on line as long as you aren’t spending hours and hours each week surfing for that lone executive job! Save yourself a whole lot of time and use a combination of job aggregators and niche executive job boards to locate senior level jobs quickly and easily.
Resources: For FREE – try job aggregator www.indeed.com. For a modest monthly fee
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