Slideshare jan 2011
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Transcript of Slideshare jan 2011
![Page 1: Slideshare jan 2011](https://reader035.fdocuments.us/reader035/viewer/2022062419/557566d2d8b42a2e248b48dd/html5/thumbnails/1.jpg)
THE NEW CAREER ECONOMY®
THE NEW CAREER ECONOMY®
GERRI SEFI SELF-EMPLOYMENT COACH
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Canadian workers face job uncertainty
Canadian workers face job uncertainty
The job market is changing.The time to explore your options
Is NOW
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OUR PRESENT ECONOMYOUR PRESENT ECONOMY
• Recession: Defined as two consecutive quarters of decline in real GDP
• 1929 – recession lasted 22 months
• Aftermath of 9/11 – almost 12 months.
• Second recession in a decade
started in December of 2007
• 36 months later - is it over?
• Is it really still a recession or is it a jobless recovery?
Source: StatsCan
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NATIONAL UNEMPLOYMENT RATENATIONAL UNEMPLOYMENT RATE
PREVIOUSYEARDEC 2009
PREVIOUSNOV. 2010
CURRENT DATADEC. 2010
Unemployment 8.5% 7.6% 7.6%
Employment 61.4% 61.8% 61.8%
Labour force size 18,439,100 18,654,800 18,674,000
Net jobs gained(from prev. period)
(2,600) 15,200 22,000
SOURCE: Statistics Canada, Labour Force Survey *seasonally adjusted
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“ I NEVER THOUGHT IT WOULD HAPPEN TO ME”
“ I NEVER THOUGHT IT WOULD HAPPEN TO ME”
• The length of time to find new employment has grown.
• Competition is fierce – the rise of social media an networking events is evidence that everyone is trying to find an “edge”.
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WHO GETS HIT THE HARDEST?WHO GETS HIT THE HARDEST?
• Good News: In a typical economy, unemployment rate for people with college degrees is approximately half for those with no degree.
• Bad News: This economy is anything but typical.
• In fact, senior executives are among the hardest hit.
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WHO HAS CONTROL OVER YOUR FUTURE?
WHO HAS CONTROL OVER YOUR FUTURE?
Increasing consumer debt Longer work,
less money
Company downsizing
Enormous corporate
bankruptcies
Lengthy lay-offs Massive pension deficits
The elimination of benefits
Old Age Security
insolvency
There could be a storm on your horizon
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STILL HAVE FAITH IN CORPORATE CANADA?STILL HAVE FAITH IN
CORPORATE CANADA?
• There is a dramatic increase in the rise of out-sourced service centres = visible loss of jobs.• Pension plans are under-funded – if
you even had a pension plan.• The near collapse of the stock market
last year left corporate pension plans underfunded by billions of dollars.
• Eroding confidence in corporate executives
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“Careers” in the New Career Economy®?
“Careers” in the New Career Economy®?
The lifetime of a typical New Career Economy employee:
– 6 to 8 job changes
– at least 3 changes in profession
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DENIAL WON’T CHANGE YOUR FUTURE DENIAL WON’T CHANGE YOUR FUTURE
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THE QUEST FOR THE GOOD LIFETHE QUEST FOR THE GOOD LIFE
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EVERYONE WANTS TO STEER THEIR OWN SHIP
EVERYONE WANTS TO STEER THEIR OWN SHIP
• Know your OPTIONS!
• Break free from the traditional employer- employee relationship
• Learn what successful people are doing
Successful people DO steer their own ship
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IS IT TIME TO WORK FOR THE PERFECT EMPLOYER … YOU!
IS IT TIME TO WORK FOR THE PERFECT EMPLOYER … YOU!
• Successful people work to build their own future, not someone else’s
• What are your options for self-sufficiency?
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SO IS SMALL BUSINESS THE ANSWER?
SO IS SMALL BUSINESS THE ANSWER?
• 97% of businesses in Canada are classified as “small”.
• Small businesses contribute nearly 43% to Canada’s economic output.
• 75% of small businesses employ fewer than 5 people.
• 59% of small business owners are men – 41% are women.
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GOING TO ALONE = LOWER COST/HIGHER RISK
GOING TO ALONE = LOWER COST/HIGHER RISK
• A marketable product or service
• Expertise to manage a business alone.
• Vision and an executable, sustainable business plan
• Cash and/or access to a friendly bank
• The ability to take unquantifiable risk
• Relationships and Good Luck
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Why most independently-owned small businesses don’t work
Why most independently-owned small businesses don’t work
• Knowing how to bake a pie does not guarantee you success in owning a bakery.
• Common belief says “do what you know and love and you will be successful”
• Can you be an expert in every aspect of your business?
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The alternative to going it alone:find a TEAM to support you
The alternative to going it alone:find a TEAM to support you
• Millionaires are "team-made"
• A good team ill include the following:– Mentors who act as
coaches– Like-minded, supportive,
wealth builders and visionaries
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FRANCHISING – DID YOU KNOW? FRANCHISING – DID YOU KNOW?
• Franchises account for 40% of all retail sales (*Walmart is not a franchise*)
• There are 78,000+ franchises in Canada
• Franchising employees over 1M Canadians
• Franchising accounts for 10%+ of the gross Domestic Product
• Franchising accounts for 1 out of every 5 dollars spent by consumers in goods and services
• On a per capita basis, Canada is the most franchised country in the world
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GOALS – NEEDS - EXPECTATIONSGOALS – NEEDS - EXPECTATIONS
Four crucial steps:
• Define your goals
• Map your course
• Build a winning team
• Explore your options
And work with a coach who will be your guide and cheerleader
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SUMMARY SUMMARY
• The New Career Economy is upon us.
• We can no longer just look the other way
• You owe it to yourself to explore your options – TODAY!
• How to find the right business? Speak with me, Gerri Sefi, about you options and career transition.
• We’ve helped thousands of people find the right opportunity with our coaching, support, experience and relationships with franchisors.