3 Ways to Network the Right Way

There’s a definite right way and wrong way to network: avoid the faux pas and network the right way with these easy tips.   Networking is becoming a requirement for landing a dream job – but unfortunately, it’s not a skill they teach in business school. Just like with anything else, there’s a right way and a wrong way to network – and requesting thousands of LinkedIn connections from complete strangers is about as effective as  having too many drinks at a party. In both cases, you’re not that fun to be around. Networking can be incredibly rich and rewarding. It can lead you to connect with entrepreneurs who have succeeded in their own businesses, boost you up the career ladder, or help you launch the business of your dreams. You just have to know how to network the right way – and for many people, it’s not a walk in the park. That’s why I’ve come up with some guidelines for effective networking.   Want to be friends?” Rule number one of business: don’t hire your BFF. Or your BF (or GF, for that matter). When it comes to work, I make it a rule of mine to leave those I love out of the equation. That way, when you have to make some tough calls (and inevitably, you will), you won’t have to tread lightly. The reason for this rule is clear: you can’t stay friends after a break-up, and you probably won’t be able to salvage a friendship with someone you’ve gone into business with if things go sour. The camaraderie that was once there in...

4 Attitudes of Successful Entrepreneurs

Take on these 4 attitudes of successful entrepreneurs and start making your way to the top of the game.   Whether your entrepreneurial journey is just starting up, cruising right along or at a dead standstill, you can take inspiration from these attitudes of successful entrepreneurs, and see where they will take you. “I’ll learn it” Elon Musk didn’t study rocket science – but he is technically a rocket scientist. With only a Bachelor’s degree in physics, he taught himself rocket science to form Space X – a company that’s now revolutionizing space travel. The only way to do new things is to learn new things. Ultra-successful people embrace the unknown, and you can, too. “It’s not too late” Think you need to be a baby-faced Mark Zuckerberg (sorry, Mark) to start a successful business? Think again. Look no further than Ray Crock, who at the ripe age of 52, was selling paper cups and milkshake mixers for a living – that is until he went on to found McDonald’s. Lest you think this is just an outlier, take a look at studies by The Kauffman Foundation, which found that most entrepreneurs are 40 years of age on average, and more than 60 percent of them are married and have a child. We’re all about reinvention – and you need to realize that no matter what the circumstances are, it’s never too late to make a positive change. “I’ll try again” Part of being successful in business is knowing your burn rate and when to say “when”. But another part that many ignore is that failure is an often big...

3 Steps to Stop Being Intimidated By Investing

Investing can seem daunting, but it doesn’t have to be. Here are 3 steps to help you stop being intimidated by investing.   We understand – investing can feel daunting. It actually can feel like walking on a tight rope across the Niagara Falls on a windy day. If you watch the news or read about finance online (it’s pretty hard not to), it probably isn’t helping. While the news is certainly helpful in some situations, having your eyes glued to the television or your tablet/smartphone probably won’t ease your worries. Think about it; on CNN, Fox News, MSNBC and countless other stations, we get a nightly report on how the Dow Jones Industrial Average, NASDAQ and S&P 500 fared that day. And sometimes that news is filled with doomsday predictions. At the same time, there are terms like call options, liquidity, and hundreds more being thrown around at a million miles a minute. It can make your head spin! However, has anyone ever told you in easy to digest terms what these measure, or what any of this actually means? We’re about to break down some basics on why you shouldn’t be intimidated by investing, and how to get started (with baby-steps):   Bounce back With the news it can seem like the stock market is going into a freefall that will never, ever recover. But many of these reporters would be out of a job if they finished the whole story. Relying on viewership means catchy headlines and making everything seem compelling (even if it’s negative). The truth is; despite any market catastrophe – from the Great Depression to...

5 Smart Money Tips That Will Improve Your Life

Put these smart money tips into practice and watch your wealth grow.   If you’re just beginning to get in financial shape, give yourself a pat on the back! Starting is half the battle. There are a million things you can do to improve now, but you might not know where to begin. That’s why we’ve come up with these five smart money tips that will help you get into the best financial shape of your life. Consider the following five financial focal points to make strides toward financial fitness. If you’ve already started improving your finances, that’s great too! You can use these tips to strengthen your regimen.   1. Track Your Expenses You’ve wanted to do this for a long time – get rid of that feeling and make right now the time you finally do it. While it may seem tedious, listing your expenses over the course of at least two or three months can help you to get an accurate look at your true financial picture. Best of all, smartphone apps make it easier than ever to accomplish this.   2. Create a Budget Once you’ve become aware of the true picture of your outflow of cash, it’s time to make a budget you can live with. The 20-30-50 plan is a fun and flexible way to account for your spending. With this plan you can still go on that much-deserved splurge while keeping your money in check. First, you should calculate the amount you have to budget every month – your paycheck (minus taxes), plus any other income. The 20 is 20 percent of your monthly spending....

What If Everything Is Possible?

When you understand what is holding you back, you’ll realize that everything is possible.   In college, everything seemed possible with a straight-A average. So after long, lecture-filled days I would come back to my dorm-room exhausted, and think about all of the ways to whittle down which job I would take to revolutionize finance for the better. First, I would immediately say “nope” to any place that didn’t follow my mission to a T. Then, I needed to have a huge impact at the company, and would make sure the firm was filled with empowered women — a place that wasn’t an “old boys’ club”. Another must-have — they wanted to make sure everyone could get the best financial advice possible. About a year later, my job qualifications had whittled down to “they pay me money”, “they treat women slightly like people”, “they’re making some effort to be honest”, and “I’m doing slightly more than fetching coffee”. Ever since my mother’s struggle to get honest financial advice, I wanted to make a positive difference in the field. But with a degree in chemistry and English and no connections in finance, it seemed almost impossible to even get my foot in the door. About a decade later, well five minutes ago to be exact, I had stepped out of a marketing meeting. I’d been discussing with my team how LexION Capital can make our top-tier, transparent financial advice even more accessible.   Looking backward The quotes in my introduction seem pretty humorous at this point — but when J.K. Rowling was scribbling Harry Potter on a napkin while hoping her welfare checks would cover that month’s electric bill, it probably seemed an impossibility that she would...