Career

Starting a Side Hustle that Works for You

January 8, 2018

Aloud Blog Pro

Do you have a 9-to-5 job, as well as a side hustle? If the answer is yes, you’re not alone: According to a recent article on CNN.com, more than 44 million Americans have a side hustle.

Studies show the initial reason for starting a side hustle is out of necessity for extra cash. However, there are many benefits to having a side hustle, such as learning new skills, building a network, expanding your brand and landing your dream job.

During a recent Twitter chat, we had the opportunity to connect with Mandy Carr, freelance journalist and founder of the blog PrimeTimeAddiction.com. Mandy shared insight on how to use your side hustle to land your dream job.

What is/was your side hustle?

I have a blog about TV shows that I've been doing for almost 5 years now. It's called Primetime Addiction.

What are the benefits of having a side hustle?

If you don't have the job you want at the moment, you can do what you love and continue to build on your skills.

How do you get your side hustle noticed?

Do the things you would do in the job you want in your side hustle to be able to talk about those things in a job interview.

Top tips for networking your side hustle?

If you are still trying to break into your career, you can use your side hustle to enhance your elevator pitch. You can talk about your skills and aspirations without saying you are unemployed or not yet situated in your dream job.

How is your side hustle useful for your job search?

It helps you build your skills and gives you professional talking points in job interviews and while networking.

Should you continue your side hustle after you land your dream job?

That depends on your job, the time you have on hand and what you want from your side hustle right now. I want to continue growing my blog; it’s something for me. You have to decide what’s right for you.

How can you balance side hustle and work?

Be realistic about your time and energy levels. Create a schedule that you can maintain long-term. It's better to have quality than quantity. We're all learning how to balance our careers with our lives, so you can always change your side hustle.

Mandy also suggests that you enjoy your side hustle and that you make it work for you.

 

Posted by: 
Rodeena Stephens

What Post-Grad Life Has Taught Me

December 11, 2017

Aloud  YoProAs any recent college grad knows, reality can hit you hard: post-grad life is scary. When I graduated, I felt like I was supposed to know exactly what I was doing, but I really had no idea — and I was terrified of what was to come. I thought everyone had it all figured out except me. Now, I’ve learned how untrue that is. Here are nine lessons I’ve learned since walking across that graduation stage nearly two years ago.

You Work As Hard As You Can, and Then Work Harder

Being an adult is hard work — constant hard work. The majority of post-grads have to work 10 times harder than they ever thought possible to get the entry-level job they deserve. And once you start progressing, you work even harder to keep your job and move up in your career. 

Nothing Will Be Handed To You

At a job interview, you may be equally qualified as the candidate next to you, if not more, but they could still get the job. Maybe they know the interviewer, they have the same alma mater, or they have an inside connection in the company. Instead of taking it personally, shake it off and keep trying. Nobody said it was fair, but if you persist, you will eventually earn the opportunities you deserve.

Don’t Beat Yourself Up

So you bombed a work presentation or called someone by the wrong name in an interview. It’s not the end of the world! Every successful person has made more mistakes than they can count throughout their career. Always try your best, but don’t fret over one mistake. Instead, pick yourself up and move forward.

Work/Life Balance Is Hard

You only have 24 hours in a day — how do you work hard at your full-time job, take care of basic responsibilities, get enough sleep, and still have time to enjoy life? Work/life balance is a challenge and a constant game of give and take. Your social life won’t be the same as it was in college, and that’s okay. All you can do is figure out what works best for you, and try to spend wisely the free time you do have. 

If You Don’t Know, Ask

Whether it’s at work, your doctor’s office, your bank, or anywhere else, if you want to know something, speak up! It’s the only way you can learn, and no one will judge you for trying to understand to the best of your ability.

Fake It ’Til You Make It

You may feel like you’re the only one who has trouble waking up on time, understanding how to execute all your job duties perfectly, or managing your money. But the truth is, no one has it all figured out, no matter their age. Everyone is just trying their best and learning along the way.

Don’t Compare Yourself to Others

A younger candidate in your field already has the dream job you’ve been eyeing, whereas you’re stuck in an entry-level position you hate. You only know what that person chooses to share, so there is no use worrying about whose life is “better.” Everyone’s journey is different, and comparing yourself will only leave you feeling discouraged and unmotivated. The only person you should compete against is you. 

You’re More Capable than You Think

If you bypass doubt, you’ll learn that you’re able to take on more than you give yourself credit for. Whether that’s tackling a new position with longer hours, finally starting that after-work hobby you’ve always wanted to do, vowing to expand your social life or start a new exercise regimen, having confidence in yourself and your ability to set and reach goals is key.

Be Kind To Yourself

The most important thing I’ve learned in post-grad life is to be your own biggest supporter. Leaving the comfort of college and taking on the word is a huge whirlwind of change, and it’s vital to take care of your mental, physical and emotional health in order to be the best possible version of yourself. 

 

 

Posted by: 
Chelsey Hamilton
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Take Control of Your Financial Future

November 20, 2017

Aloud YoProDealing with your personal finances is a subject that is daunting yet so important all at once. And hardest of all is to be honest with yourself about your financial goals. So, where do you start as a young professional?

Sponsored by Fidelity Investments, experts offered tips, tricks and crucial advice to NYWICI YoPro members at “The Money Move: Take Your Finances to the Next Level” on Nov 8, 2017, at Meredith. Here are the key takeaways from the event:

BUDGET

Budgeting is one of the most difficult parts of managing finances, and Fidelity has structured a simple formula to assist you and help to remove the stress of spending too much on impulse purchases. Here’s the breakdown:

Percent of pay check:

50% — Essentials (rent, utilities, gas bills, etc.)

15% — Retirement (401K, 403B or IRA)

5% — Short term savings (see emergency fund details below)

30% — FUN! You should have extra money for you.

CREDIT

Knowing and understanding your credit score is important. Right now, it might not seem crucial, but in the future, this will help determine a loan for a house and impact other future financial options.

Be sure to regularly check your credit report and keep your credit healthy. Make your payments on-time and in full accounts for 35% of your score. Don’t max out your credit (use less than 30% of available credit) accounts for 30%. And consider other factors, such as your length of history of your credit card, credit max (different types of credit) and having new credit (but don’t open too many lines).

DEBT & EMERGENCY FUND

Things happen. Whether it’s losing your job, health issues, or any other unforeseen circumstances, it’s important to have an emergency fund. Fidelity recommends saving enough money to cover three-to-six months of essential expenses.

This emergency fund can also help you to avoid situations of debt. If you find yourself overspending or with extra expenses, this fund can help to pay off credit card bills and prevent you from accumulating debt. Remember, this fund is there to help you in emergency situations. Think of it as your financial safety net.

INVESTMENT

Investing can seem daunting and complicated, but it can become a great way to help reach your long-term financial goals.

RETIREMENT

It’s never too early to start saving for retirement. Many companies offer to match your contribution up to a certain percentage, and Fidelity stresses the importance of taking advantage of these offers. “You shouldn’t pass up free money,” one Fidelity representative said. It’s also worth noting that there are penalties to removing funds from your 401K early, so plan to keep your money invested until you reach retirement age.

And remember, start saving! Don’t fret that because you missed out on your 401K during your first few years of employment you won’t catch up. 

 

Posted by: 
Gena Wolfson
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3 Steps to Take If You’re Feeling Stuck in Your Career

November 9, 2017

Aloud Blog YoPro​It seems that more than ever, young professional women are feeling “stuck” in their careers. As writer Lisa Miller puts it in “The Ambition Collision,” when it comes to having a vision for our careers, young women have “lost it, like a child losing grasp of a helium balloon.” They feel “adrift,” “discontented” and “contemplate bleak futures” for their professional lives.

It’s likely that up to this point, life has been a sequence of checking items off a to-do list in order to claim accomplishment. Think about it: grade school, college, internships, a first job and so on. We assume our path is a steady climb to the top, but it might look less linear in reality.   

“The truth is, you don't really know what you want until you experience it," says Anna Goldstein, an NYU certified life and business coach. "You have a lot of beliefs about what it means to be successful and when you're just starting out in your career, it's hard know what all your options are.”     

From the day we receive our college diplomas, we think about our careers in terms of what we should do. If you’re feeling stuck, it’s time to figure out what you want to do. Goldstein recommends three steps to start:

Find a mentor

Someone who has more professional experience than you and can help you identify your strengths. Having a support system in place will give you the courage to go for new opportunities, pick you up when you fall down and keep you motivated along the way. Surround yourself with positive people. 

Pay attention to when you feel excited

What are you naturally drawn to? What comes easily to you? What would your friends and family come to you for? Knowing yourself will help you find work that is aligned with your passion and talents.  

Let yourself dream.

Einstein said, “Imagination is more important than knowledge.” When we are stuck, it's usually because we are looping in the same thoughts over and over again. Think outside the box. Take risks. You have nothing to lose and everything to gain — especially in your 20s!

Once you identify your interests, passions and strengths, you might find that your career is meant for a different path. Your first inclination may be to seek a new full-time job. But, be wary — a report by Jobvite found 46% of job seekers feel it’s been harder to find a job in 2017 than last year.

If the job search is coming up empty or you’re not entirely sure you’re ready to leave your current role, consider a side hustle. Whether it’s freelance work or inventing a new product, you can begin to feel more fulfilled by pursuing something else in your spare time. In fact, the Jobvite report shows 25% of job seekers have a second source of income outside their regular job.

If you're worried about balancing a full-time job and a side hustle, Goldstein says passion and motivation will help you find the time. And while our careers are important, Miller argues, we place too much weight in how they define us.

“No woman should be expected to find all her happiness in one place,” she writes. “The lesson for my discontented friends is not that they should ditch their professional responsibilities, but that they should stop looking to work, as their mothers looked to husbands, as the answer to the big questions they have about their lives.”

 

Posted by: 
Marissa Piazzola
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Getting Paid at Every Stage

October 2, 2017

Adweek PanelYou’ve worked hard, you’ve made your case and now the job is yours — but how can you be sure that salary offer is fair?

The question was top of mind for “Charting Your Course at Any Stage,” the NYWICI panel held during Advertising Week, on Sept. 26, 2017, on the NewGen Stage.

Moderated by Meredith Long, senior vice president and general manager, news, luxury & style at Time Inc., the panel featured top media executives Karna Crawford, managing director, head of marketing strategy, media & digital development, JPMorgan Chase Consumer Bank Division; Lori Conkling, executive vice president, strategy and business development, NBCUniversal; Mia Tramz, managing editor of Life VR; and Karen Van Bergen, chief executive officer, Omnicom Public Relations Group.

Each shared their own take — and their own experiences — navigating what can often be one of the toughest conversations of your career.

Test Your Value

One way to see what the market will bear? Talk to a recruiter. Lori learned this lesson firsthand after having been asked what it would take for her to consider a new opportunity. When she threw out a salary figure, the recruiter replied, “Oh, that won’t be a problem,” Lori recalled with a laugh.

The recruiter’s quick response prompted her to start thinking about her future salary in bigger terms. But she also realized that any negotiation at her current employer would require her to make her own case for herself — and that was something she was prepared to do. “I could show the value I was bringing to the company — and I found that to work very well as well.”

Tap Your Network

For Karna, creating a surrounding trusted and especially informal network, featuring a human resource professional or two or an experienced hiring manager in your field, can be a way to get the scoop on what your next role should pay.

“Hearing an average or a range [for a potential title change], you can generally understand where you’re going to fall within that,” said Karna, pointing to factors such as your experience level.

But what do you do if you’re earning within your position’s typical salary range but at its lowest level at your company? Karna warned that riding the bottom of the salary range can haunt your salary progress as you move up the ladder and are stuck at its lowest pay rates.

Adweek PanelDo Your Research

The first step in raising your salary is to find out what others are currently paid in that role. Are they making more than you? Then with your research in hand, it’s time to say what has to be said.

“I know that in this next job I’m worth $10,000 more or $20,000 more or whatever that number is. Have the courage to have the conversation," Karna advised, "or you’ll always ride the bottom of the line.”

Karen stressed the power of finding out everything you can about your position’s potential compensation prior to negotiating your salary, and she urged that women should not hesitate to call out inequities as they see them.

“There’s nothing wrong with challenging your employer to prove that you’re not paid less than men with the same responsibility,” Karen said. “There’s so much reticence among organizations across the board to really look into it. It’s something we need to do better.”

 

Photos: Jennifer Owens

 

Posted by: 
Jennifer Owens

What We Learned From Neha Gandhi

August 30, 2017

Neha GandhiWe're looking back at some of our favorite episodes of Coffee Break w/NYWICI, revisiting the compelling conversations we’ve had with some of the brightest women in media and communications.

Our Episode 12 guest was Neha Gandhi. As of July 2017, she is the Editor-in-Chief and COO of Girlboss, founded by Sophia Amoruso. When we spoke with Neha in April 2017, she worked at Refinery29 as the SVP of Content Strategy and Innovation. Our interview below reflects Neha’s experience at R29, though we’re excited to see her impact at Girlboss! (Episode 12 on iTunes | Episode 12 on Soundcloud).

Before Leaving, Maximize The Opportunities

Neha was at Harper’s Bazaar for four years and looking for a change. In the midst of the waiting game for her dream job, she maximized her opportunities at the magazine. “I got to do a bunch of things there. I assisted the Managing Editor, Executive Editor, Deputy Editor…I did everything from personal errands to pitching ideas to working on the table of contents,” Neha said. The diversity of responsibilities helped Neha learn the full cycle of how magazines get produced.

Maintain Flexibility

Neha was an online editor at Harper’s Bazaar when working for digital wasn’t a hot commodity. Originally, she didn’t want to take the role because it seemed away from the glamour of the print magazine. “[Online] was a marketing tool. It wasn’t considered a place to deliver great content or engage with an audience in a meaningful way,” Neha said.

Soon, digital became the new normal for media outlets. Working online laid the foundation for honing her assignment and editing skills. If Neha wasn’t flexible in taking on a digital job, she wouldn’t have been ahead of the curve in digital’s rise.

Set Short-Term Goals

“Something that I ask all the younger people on my team is ‘Tell me what you want to learn. Tell me the skills you want to acquire in the next six months, nine months, 12 months. Don’t tell me what you want to be in five years or 10 years. The job that you want in five years probably doesn’t exist today.’”

The media landscape is changing so rapidly that you could end up boxing yourself in by focusing on one career path, rather than learning skills that can lead you to multiple opportunities.  

Show Your Worth To Move Up

“Add value. That’s at the heart of it. It’s different than putting your head down and working as hard as you can,” Neha said. “To me, the people who quickly advance are the ones you see their value beyond the job they’re asked to do. These people see a problem and ask how they can solve it.”

Know that you can be excellent at your job, but to stand out for a promotion you have to exceed in areas that aren’t your day-to-day. “You have to do the job you want to get promoted into before you get promoted into it,” Neha said.

Find The Sweet Spot To Ask For A Raise

“It varies by situation but we have a semi-annual process where we look at titles and raises. You have an opportunity to raise that conversation at that time,” Neha said. “But if you haven’t been doing a job for a year, that’s not the right time.”

She mentions that there are always exceptions to that rule, such as moments where you’ve been in a position for eight months and someone leaves and you’re left absorbing all of their responsibilities. That opens the door for talks about promotions, if you’ve managed the work successfully.

When you know that the month for raise discussions is coming up, have a one-on-one with your boss a month prior. Neha said that a good opener can be, “I wanted to share with you some ideas that I had for personal development and I’d love your feedback.” Then you’re planting the seed in your manager’s mind for the following month.

 

Thanks to Neha Gandhi for being part of the podcast! To hear more, visit nywici.org/podcast.

 

Posted by: 
Elizabeth Roberts

How to Hone Your Negotiation Skills

August 21, 2017

Aloud Blog ProDespite advances made by women over the last few decades, many women still don’t use negotiation enough, according to authors Linda Babcock and Sara Laschever in their second book, Ask For It: How To Get Women to Use the Power of Negotiation to Get What They Really Want (Random House). The book provides actionable tips and sample scenarios, as well as a glossary of bargaining language suitable for a variety of situations. The authors offer a four-phase program of strategies, exercises and empowerment lessons to help determine what you want, what you’re worth and how to increase your bargaining power.  

Although I’m not usually big on self-help books, I found this one to be particularly helpful and as relevant today as it was when originally published in 2008. In fact, I have benefited from taking action on the authors’ guidance, which made me feel ready, confident and more prepared at the negotiation table. 

In the spirit of paying it forward, I’ve summarized below the authors’ four-phase program to help determine what you want, what you’re worth and how to increase your bargaining power — it’s worth the investment! 

Phase I: Everything is Negotiable

Look back and identify changes you'd like to make in your live. Are you stuck? What benefits, promotions, pay raises, career transitions do you deserve? This phase is chock full of suggestions on how to aim higher and push through barriers and fear of rejection. It challenges women in particular it to endeavor for more and get comfortable in striving for what they want.

Negotiation SkillsPhase II: Lay the Groundwork

Preparing in advance for a negotiation is like setting the dinner table with all of the utensils and plates needed for the big meal. It builds confidence and information readiness needed for a persuasive argument. The authors thoroughly explain the basics of negotiation strategy, how to identify the information needed and the best ways to assess and build your bargaining position. This kind of analysis is helpful in myriad ways: It takes the emotion out (a stumbling block for many) and provides a structure so that you can power up an “ask” with facts.

Phase III: Get Ready

Communication style during negotiation is critical and so is pacing. Here the focus is on negotiation fundamentals: How to set the right target, decide what to ask for, make the first offer (or avoid doing so if possible) and identify the best time to “ask.” Negotiation is not always adversarial. In fact, the authors advocate changing the dynamic and working cooperatively to identify mutually-beneficial solutions. This approach can be incredibly helpful in building long-term relationships and collaboration. There’s also discussion about the pros and cons of bluffing, when and how to make concessions, and importantly, how to keep things positive and on track. The authors provide terrific exercises to practice these new skills in a variety of situations. I’ve been personalizing them and applying the techniques to my recent negotiations so I can improve the next time around. 

Phase IV: Put It All Together

The most effective way of alleviating the anxiety that many women feel about negotiation is to role play in advance to build confidence and skill. In the final phase, the authors show readers how to nail down a negotiation strategy in steps. There are tools and techniques to avoid early concession, how to manage disappointment and other unexpected emotional reactions that undermine confidence. There are broader applications beyond the bargaining table.  

Perhaps the best thing about Ask For It is that it helps women see negotiation as an opportunity to benefit everyone involved rather than as an aggressive, adversarial confrontation. In this way, they can set higher goals that lead to more positive outcomes.

 

Posted by: 
Julie Livingston

NYWICI Must Reads August 18, 2017

What We Learned from Liz Kaplow

August 7, 2017

Liz Kaplow podcastWith the first season of the New York Women in Communications podcast Coffee Break w/NYWICI in the books, we’re taking a look back at some of our favorite episodes to revisit the wise words and compelling conversations we’ve had with some of the brightest women in media and communications.

To continue this series, we’re taking a look back at Episode 6 (Episode 6 on iTunes | Episode 6 on Soundcloud). Our guest, Liz Kaplow, is Founder, CEO, and President of Kaplow Communications, and a former President of NYWICI. Liz is a pioneer in the public relations industry, and she had so many lessons and stories to share on the podcast.

Do every job

Liz reflected on one of her earliest jobs in public relations and shared a funny, but meaningful, anecdote. When her boss was entertaining clients, Liz was tasked with doing the dishes in the women’s restroom of the office. “It was disgusting, but what I remember about it is that you have to do every job when you’re starting out,” she said. “The good comes with the bad.”

Liz explained that by embracing a seemingly menial task, she was able to send her boss an important signal about her work ethic. “Some of the things we’re going to be doing we won’t love, but there will be something to learn,” Liz said. “You’ll be impressing the people around you with a can-do spirit, and that power of “yes” is something that helps define your career, ultimately.”

Don’t be afraid to over-communicate

Liz’s public relations practice, Kaplow Communications, is widely known for having a culture that not only encourages excellent work, but is also focused on staff and leadership development and offers flexibility to its team. In fact, the firm was recognized by the Holmes Report on the “Best Places to Work” agency list.

Liz shared her key lessons from building Kaplow’s culture. “I believe in over-communication, and setting up a schedule for what the week ahead looks like,” Liz said. “If you have an open mind about flexibility, coupled with good preparation so that people can be reliable and fill in for each other, I believe that managers can really promote the idea.”

Liz also emphasized the value of building a culture that allows working parents to thrive. “We can keep moms and dads in the workplace where they can see a good career development path in front of them, and that will make this a richer place for others and for our clients.” And it’s paying off. “What we’ve seen is that people who were starting out here have stayed here, and that’s a great thing.”

Learn to bounce back

Liz revealed her advice for handling trying times at work and enduring emotional moments. “We’re people, not technology, and that’s what makes us interesting and nuanced and diverse,” she said. “Sometimes, our emotions get the better of us, and the trick is to be able to turn that into something that keeps us in the game. I believe that the biggest key to success is bouncing back.”

Receiving criticism or working through conflict is inevitable, but Liz emphasized that those experiences can build strength. “Sometimes you need to go into the ladies room and have a good cry, but the important part of it is how you come back into the room,” she said. “We’re not allowed to go and cry for the day. We’re allowed to go cry for a few minutes, and then we have to get into solution mode and think about what we can bring that is going to affect change and help us move along.”

Liz’s advice for bouncing back into solution mode? Consider taking a quick walk to get some fresh air, or call a good friend who’s not connected to the situation and can provide a new perspective.

Find a mentor (or a mentee)

“Mentoring should be a way of life,” Liz shared. “Spend [time] thinking being a generous builder of ideas and a good sounding board.” According to Liz, the mentor-mentee relationship doesn’t need to be overly formalized. “Remember that women starting out need that support and they need the role models.”

Liz also highlighted the importance of mentorship for women in the middle of their careers. “When I see those numbers of women who have dropped out and then struggled to get back in [the workplace]...I think about how if they were able to find someone who was going through that, but managed to stay in the game, they could be mentored around that story and that would help them through.”

And for those who are more advanced in their career, being both a mentor and a mentee can also be tremendously valuable. Liz pointed out that younger employees and more mature employees can share knowledge in a productive way through mentorship. “That is what keeps people relevant, because you’re learning from [people] who have all kinds of new skill sets.”

Be in the present

It’s easy to be consumed with planning ahead and thinking about what the next five to ten years of a career path can look like, especially in the ever-changing communications industry. “It’s good to have a sense of where you want to be, and that’s where relevancy comes in,” Liz said. “But while I think it’s good to have a flexible long-term vision, I believe that it’s even better to be in the moment and look at the signs along the way.”


Thanks to Liz Kaplow for being part of the podcast! To listen to the complete first season of Coffee Break w/ NYWICI, visit nywici.org/podcast.

Posted by: 
Chelsea Orcutt

NYWICI Must Reads August 4, 2017

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