Articles

PRESS RELEASE: EXPANSION TO A NEW ERUDITES NETWORKING LONDON GROUP

30 April 2023
Liz Capants
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Categories: Articles

Reposted. Originally by Paige West

Following on from six years of success and growth of the Erudites Network in New York and throughout the USA, it has expanded to enable members to further connect to a global network; unlocking access to business experts from diverse backgrounds, industries, and organisations. 

Erudites Networking Group was founded by CEO Liz Capants as a subsidiary of EBC Associates’ executive search and consulting practice, to help connect businesses and job seekers, to facilitate referrals, exchange knowledge and ideas, as well as give back philanthropically to the community.

Heather Barrie will be leading the new London branch and this initiative will enable Erudites Networking to grow, enabling members to connect from New York to Mumbai, including Europe and Africa, for cross referrals and building collaborative business opportunities. 

Its net worth comes from its network. The power of knowing the right people is where it starts – whether you’re a startup or established business. When you surround yourself with like-minded entrepreneurs, and support circles that include mentors, investors, and business partners, and interact with people with similar interests, this is where ideas and business opportunities are created.   

Networking is a source of knowledge, support, new clients and suppliers, referral partners and business growth. Erudites has created a safe place to grow and develop a network as the value of the relationships that we build throughout our business journeys is integral to our success. Through long term trusted relationships, Erudites provides a global networking mechanism to promote the growth of each member’s respective business. This is achieved through weekly meetings, mastermind small group collaboration, event curation to accelerate business growth and the support of non-profits through fundraising and volunteer work. 

Erudites offers several options for membership: Business Individual, Business Corporate. For careers, Erudites offers Executives in Transition, and a Student Membership. Benefits vary depending on the type of membership, and include educational networking group sessions, peer group advisory and mentoring, mastermind meetups, exclusive invitations to curated events, as well as a unique shared revenue model. 

BACKGROUND 

Erudites Networking Group is a global community of like-minded business professionals. Erudites was founded by CEO Liz Capants to connect businesses and job seekers, to facilitate referrals, exchange knowledge and ideas, as well as give back philanthropically to the community. As networking has transitioned online, Erudites has continued to expand globally to create a broader and richer network of professionals who act as force-multipliers for each other, whether they are seeking to grow a business or explore a new career opportunity. Erudites’ unique networking and revenue share model enables quality opportunities to connect and support businesses and executives worldwide. 

Heather is a polypreneur and alongside Erudites, she is also the Inspirational Facilitator at Effective Entrepreneurs and Three Cornered Hat Training and passionate owner of Harrie’s Coffee.

How to Shake Up Your Hiring Process for the Best Talent

11 April 2023
Liz Capants
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Categories: Articles

The war for talent has never been fiercer. In a rapidly changing business landscape, securing the best talent is crucial for the success and growth of any organization. Traditional hiring methods may no longer be sufficient to attract and retain top talent. In this blog, we will explore innovative ways to shake up your hiring process to attract and retain the best talent in the market.

1. Embrace Diversity and Inclusion

In a global marketplace, having a diverse workforce is essential for innovation and productivity. Embracing diversity and inclusion in your hiring process means considering candidates from various backgrounds, skillsets, and experiences. This can be done by:

  • Creating a diverse interview panel to reduce unconscious bias
  • Offering inclusive benefits, such as flexible working hours or parental leave policies
  • Using technology to ensure job descriptions are gender-neutral and inclusive

2. Prioritize Employee Referrals

Your employees are your best ambassadors. A strong employee referral program can lead to a higher success rate in recruiting top talent. Encourage your employees to recommend candidates by offering incentives for successful hires. This not only helps to attract quality candidates but also improves employee morale and engagement. This is key to shake up your hiring process.

3. Leverage Social Media

In today’s digital age, social media platforms are powerful tools for reaching a wider pool of potential candidates. Share job postings on LinkedIn, Twitter, and Facebook, and utilize the networks of your employees to reach even more potential candidates. In addition, create an appealing company presence on social media to showcase your organization’s culture and values.

4. Utilize Video Interviews

Video interviews are an excellent way to streamline the hiring process while still getting an accurate representation of the candidate’s personality and communication skills. They can be used as a preliminary step before inviting candidates for in-person interviews, saving both the company and the candidates time and resources. Additionally, video interviews can help to reduce geographic barriers, giving you access to a broader pool of talent.

5. Focus on Skills-Based Assessments

Traditional resumes may not paint a complete picture of a candidate’s abilities. By incorporating skills-based assessments into your hiring process, you can gain deeper insights into their aptitude for the role. Assessments such as coding tests, writing samples, and design challenges can be used to evaluate the candidates’ skills, helping you identify the most suitable candidates for the role.

6. Offer Competitive Compensation Packages

To attract top talent, it’s crucial to offer competitive compensation packages. This should include not only salary but also bonuses, benefits, and opportunities for growth and development. In addition, consider offering non-traditional benefits, such as remote work options, wellness programs, or student loan repayment assistance, to stand out from the competition.

7. Create an Engaging Candidate Experience

An engaging candidate experience is essential for attracting and retaining top talent. Ensure that your hiring process is efficient, transparent, and respectful. Communicate regularly with candidates, provide feedback, and show appreciation for their time and effort. This will leave a lasting impression on the candidate, whether they are ultimately hired or not.

8. Foster a Strong Employer Brand

A strong employer brand is critical for attracting the best talent. Ensure that your organization’s values, culture, and mission are clearly communicated across all channels. This includes your company website, social media, and job advertisements. Additionally, encourage your employees to share their positive experiences working at your organization, as word-of-mouth can be a powerful recruitment tool.

9. Adopt a Continuous Improvement Mindset

Finally, it’s important to regularly review and refine your hiring process. Seek feedback from candidates and employees to identify areas for improvement. Continuously updating your hiring strategies will ensure that your organization remains competitive in the ever-evolving talent market.

Shake Up Your Hiring Process for the Best Talent

Attracting and retaining top talent is essential for any organization’s success. By embracing diversity, leveraging social media, focusing on skills-based assessments, and fostering a strong employer brand, you can shake up your hiring process and secure the best talent available. Continuously review and refine your strategies to stay competitive in the ever-evolving talent market, ensuring your organization remains an attractive destination for top performers in the industry.

It’s Still a Workers’ Labor Market Even With Downsizing

10 April 2023
Liz Capants
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Categories: Articles

How to Find Options Even in a Challenging Labor Market

Despite the prevalence of downsizing and corporate restructuring in today’s economy, the labor market remains favorable for workers in many industries. The reasons for this are multifaceted, including a growing emphasis on reskilling, low unemployment rates, and increased demand for specialized skill sets. In this blog, we will explore why the labor market continues to favor workers, even amidst downsizing, and how job seekers can take advantage of the current landscape. Truly, it’s still a workers’ labor market.

1. Low Unemployment Rates

A key factor contributing to a worker-friendly labor market is low unemployment rates. With fewer individuals seeking employment, there is increased competition among employers to attract and retain top talent. This scenario can result in better job offers, higher salaries, and more comprehensive benefits packages for workers.

2. Demand for Specialized Skills

The demand for specialized skills, particularly in fields such as technology, healthcare, and engineering, continues to grow. Employers are increasingly seeking candidates with specific expertise and are willing to offer competitive compensation packages to secure the best talent. This trend benefits workers with in-demand skill sets, as it provides them with greater job security and more lucrative opportunities.

3. Shift Towards a Gig Economy

The rise of the gig economy has created more flexible and diverse work opportunities for individuals seeking employment. Freelancers and independent contractors can benefit from a wide range of project-based roles, allowing them to build their portfolios and develop valuable skills. This shift towards gig work has also put pressure on traditional employers to offer more appealing work arrangements to attract and retain talent. Another reason it’s still a workers’ labor market.

4. Remote Work Opportunities

The adoption of remote work has surged in recent years, providing workers with increased flexibility and access to job opportunities that may have been previously out of reach due to geographical constraints. Remote work arrangements allow job seekers to explore roles with employers across the country, or even the globe, broadening their prospects and increasing their negotiating power.

5. Reskilling and Upskilling Initiatives

In response to rapid technological advancements and evolving industry needs, many companies are investing in reskilling and upskilling initiatives for their workforce. These programs provide workers with the opportunity to acquire new skills and enhance their current abilities, improving their value in the labor market. As a result, workers can maintain their job security and access better job opportunities even amidst downsizing.

6. Focus on Employee Well-being

As the competition for talent intensifies, employers are placing a greater emphasis on employee well-being. This includes offering comprehensive benefits packages, promoting work-life balance, and fostering a supportive company culture. These factors contribute to a more worker-centric labor market, where employees can expect higher levels of job satisfaction and overall well-being.

How Workers Can Leverage the Current Labor Market

1. Continuously Develop Skills

In order to stay competitive in the labor market, workers should focus on continuously developing their skills. This may include pursuing additional certifications, attending workshops, or enrolling in online courses. By staying current with industry trends and expanding their skill sets, workers can maintain their value in the labor market, even in the face of downsizing.

2. Network and Engage with Professionals

Building a strong professional network can help workers identify new job opportunities and gain insights into the current labor market landscape. Attend industry events, engage with professionals on social media platforms like LinkedIn, and join relevant groups and associations to expand your network.

3. Negotiate Better Compensation Packages

With the labor market favoring workers, individuals seeking employment have increased negotiating power when it comes to compensation packages. Do not be afraid to negotiate for higher salaries, better benefits, or more flexible work arrangements. Research industry standards and be prepared to present your case for why you deserve the compensation you are seeking.

4. Consider Gig Work or Remote Opportunities

The rise of the gig worker economy has sparked many individuals to have a side hustle. This is a growing market and offers some flexibility on when and how your made some extra income. In some cases, some people have found they can have the same income as their current job or be able to provide more work-life balance in their lives.

It’s Still a Workers’ Labor Market Even With Downsizing

Despite downsizing and restructuring, the labor market continues to favor workers due to low unemployment rates, demand for specialized skills, and the rise of remote work and gig opportunities. To capitalize on this favorable landscape, workers should focus on skill development, networking, and negotiating better compensation packages. By staying adaptable and proactive, workers can navigate the evolving labor market and secure rewarding job opportunities even amidst economic uncertainties and organizational changes. It truly is still a workers’ labor market.

Better Approaches to Workforce Transitions and Layoffs

1 April 2023
Liz Capants
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Categories: Articles

Workforce transitions and layoffs are an inevitable part of the business landscape. Whether a company is restructuring or reacting to market forces, these changes can have a profound impact on both employees and employers. In this blog, we will explore better approaches to workforce transitions and layoffs, focusing on responsible management practices that prioritize communication, support, and planning.

I. Open Communication

Transparent and timely communication is crucial in managing workforce transitions and layoffs. Employers should provide clear information about the reasons behind the changes, the timeline, and the implications for affected employees. This helps to reduce anxiety and rumors, fostering an environment of trust and understanding. Key elements of open communication include:

  1. Early announcements: Informing employees about potential changes as soon as possible allows them to prepare and adjust to the new circumstances.
  2. Multiple communication channels: Utilize various channels, such as staff meetings, emails, and company-wide updates, to ensure that information reaches all employees.
  3. Q&A sessions: Offer opportunities for employees to ask questions and express their concerns. This can help to address misunderstandings and build trust.

II. Skill Development and Retraining

Providing employees with the resources to develop new skills or retrain for different roles can be a game-changer in workforce transitions. Companies that invest in their employees’ skill development demonstrate a commitment to their long-term well-being and success. To facilitate this, employers can:

  1. Assess current skills: Evaluate the skills employees possess and identify areas where training could be beneficial.
  2. Offer in-house training: Develop training programs or workshops to teach employees the skills needed for new positions within the company.
  3. Partner with educational institutions: Collaborate with universities or training centers to provide employees with access to relevant courses or certification programs.
  4. Provide financial support: Offer tuition assistance or scholarships to help employees pursue further education or training.

III. Career Counseling and Job Placement Assistance

Providing career counseling and job placement assistance can greatly ease the burden of workforce transitions. Offering these services sends a message that the company cares about its employees and is dedicated to helping them succeed, even if they must move on from the organization. Key steps include:

  1. Assess individual needs: Work with employees to identify their career goals, strengths, and areas of interest.
  2. Develop personalized plans: Create tailored action plans that outline the steps needed for employees to achieve their goals, whether they involve pursuing new opportunities within the company or finding a position elsewhere.
  3. Provide resources: Offer access to job boards, networking events, and hiring contacts to help employees find suitable opportunities.
  4. Offer emotional support: Transitioning to a new job or career can be emotionally taxing. Providing counseling services or support groups can help employees cope with feelings of uncertainty, stress, and loss.

IV. Severance Packages and Financial Support

When layoffs are unavoidable, providing fair and compassionate severance packages can help ease the financial burden on affected employees. These packages should be equitable, transparent, and clearly communicated. In addition to severance pay, employers may consider offering:

  1. Health benefits continuation: Extend health insurance coverage for a predetermined period, giving employees time to secure new coverage.
  2. Outplacement services: Provide professional assistance in resume writing, interview preparation, and job search strategies.
  3. Retirement plan support: Ensure that employees understand their options for retirement plans and assist with any necessary transitions.

V. Planning for the Future

To minimize the negative impacts of workforce transitions and layoffs, companies should have a long-term plan in place. This may involve:

  1. Workforce planning: Regularly assess the company’s talent needs and potential future changes to develop a strategic approach to hiring, training, and workforce transitions.
  2. Continuous improvement: Implement ongoing feedback loops and performance management at all levels of the company, and track progress.

Workforce Transitions and Layoffs

In conclusion, better approaches to workforce transitions and layoffs focus on transparent communication, skill development, career counseling, financial support, and long-term planning. By adopting these responsible management practices, companies can minimize the negative impacts of change, foster employee trust, and maintain a positive work environment. Ultimately, these strategies not only benefit affected employees but also contribute to the organization’s long-term success and sustainability in an ever-evolving business landscape.

Trends That Will Shape the Workplace and Beyond

10 March 2023
Liz Capants
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Categories: Articles

The workplace is constantly evolving, with new trends and technologies shaping the way we work. As we move further into the 21st century, several trends are poised to have a significant impact on the workplace and beyond. Here are some of the trends that will shape the workplace and beyond.

1. Artificial Intelligence and Automation

Artificial Intelligence (AI) and automation are already changing the way we work. From chatbots to automated scheduling and data analysis, these technologies are helping businesses become more efficient and productive. In the future, AI and automation are likely to become even more integrated into the workplace, with robots taking on more routine tasks, and AI-powered assistants handling more complex work.

2. Remote Work

The COVID-19 pandemic has forced many businesses to adopt remote work policies. While some businesses are eager to return to the office, many have realized the benefits of remote work. Employees enjoy the flexibility and work-life balance that comes with working from home, while businesses save money on office space and enjoy access to a larger pool of talent. As a result, remote work is likely to remain a significant trend in the workplace for the foreseeable future.

3. Augmented and Virtual Reality

Augmented and virtual reality are no longer just for gaming. These technologies are now being used in the workplace to improve productivity and training. For example, a factory worker can use an augmented reality headset to access training materials and troubleshoot problems in real-time. In the future, these technologies could be used to create virtual offices, allowing remote workers to collaborate in a more immersive way.

4. Cybersecurity

As more businesses move online, cybersecurity is becoming an increasingly important concern. With cyber-attacks becoming more sophisticated, businesses need to take steps to protect their data and systems. This includes implementing strong password policies, using multi-factor authentication, and investing in cybersecurity training for employees.

5. Mental Health and Well-being

The pandemic has taken a toll on mental health, with many employees struggling to cope with stress and isolation. As a result, mental health and well-being have become a priority for many businesses. Companies are offering more support, including access to mental health resources, flexible work arrangements, and wellness programs.

6. Gig Economy

The gig economy has been on the rise for several years, and it shows no signs of slowing down. Freelancers and independent contractors are becoming a more significant part of the workforce, with platforms like Upwork and Fiverr making it easier than ever to find work. As a result, businesses are adopting more flexible hiring practices, allowing them to tap into a wider pool of talent.

7. Blockchain

Blockchain technology has the potential to revolutionize many industries, including finance, healthcare, and logistics. In the workplace, blockchain can be used to create more secure and efficient systems for data management and transactions. For example, blockchain can be used to create secure digital identities, making it easier for employees to access their work-related accounts and systems.

8. Human-Machine Collaboration

As AI and automation become more prevalent in the workplace, there is growing concern about job displacement. However, there is also an opportunity for human-machine collaboration

Shape the Workplace

In conclusion, the workplace is constantly evolving, and new trends and technologies are shaping the way we work. From the rise of remote work to the increasing importance mental health, businesses are adapting to meet the changing needs of their employees and customers. As we move further into the 21st century, it is essential for businesses to stay informed and embrace these trends to remain competitive and successful. By implementing these innovations and creating a culture that innovation, businesses can create a more productive and sustainable workplace that benefits both employees and the bottom line. It is an exciting time for everyone, and by staying on top of these trends that will shape the workplace, businesses can thrive in the years to come.

2023: The Year Professional Networking is Transformed

17 February 2023
Liz Capants
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Categories: Articles

2023 has brought with it a new era of professional networking. The pandemic has accelerated the use of technology in the workplace, leading to a surge in the popularity of virtual networking. With more people working remotely, it has become essential to connect with colleagues, mentors, and potential business partners online. This year, professional networking is set to be transformed, and here’s why.

1. Virtual events and conferences

Virtual events and conferences have become the norm, and they’re here to stay. With the pandemic still ongoing, many in-person events and conferences have been moved online. This has made it easier for people to attend events and has also opened up opportunities for people who may not have been able to attend in-person events in the past. Virtual events have also made it easier to connect with attendees from all over the world, leading to a more diverse and global networking experience.

2. Artificial intelligence in networking

Artificial intelligence (AI) is changing the way we network. AI-powered networking platforms can analyze data from your online profiles, resumes, and work experience to match you with potential mentors, colleagues, and business partners. This can save time and help you make more meaningful connections. AI can also help personalize your networking experience by recommending events, groups, and connections based on your interests and goals.

3. Video networking

Video networking has become more popular, and it’s not just for job interviews. Video platforms like Zoom and Microsoft Teams have become the go-to for virtual meetings, and they’re also being used for networking. Video networking can be more personal and engaging than traditional networking methods like email or phone calls. It’s also easier to remember faces and names when you can see and hear the person you’re talking to.

4. Networking on social media

Social media has been a powerful tool for networking for a while now, but it’s becoming even more important. Platforms like LinkedIn and Twitter are great for connecting with colleagues, potential employers, and industry leaders. With the pandemic still ongoing, social media is also a great way to stay connected with people and stay informed about industry news and events. Social media also makes it easier to showcase your work and share your ideas with a wider audience.

5. Niche networking communities

Niche networking communities are becoming more popular. These are online communities focused on specific industries or interests. These communities can be great for making connections with people who have similar interests and goals. Niche communities can also be more supportive and offer more personalized advice than larger networking groups.

There is a growing awareness of the need for more diverse and inclusive networks, and many organizations are taking steps to make networking more accessible and inclusive. This includes creating focused networking events and communities and providing resources to help underrepresented groups network more effectively.

Professional networking is transformed

In conclusion, professional networking is set to be transformed in 2023. Virtual events, AI-powered networking platforms, video networking, social media, niche communities, and focused networking are all trends to watch. Whether you’re looking to make new connections or strengthen existing ones, there are many tools and resources available to help you succeed in the new era of networking. As we continue to navigate the challenges of the pandemic, virtual networking will continue to play a critical role in professional development, making it easier to connect with people from all over the world and create meaningful relationships. The future of professional networking is bright, and it’s up to us to take advantage of the opportunities it presents.

5 Tips For Your Well-being While Working From Home

16 February 2023
Liz Capants
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Categories: Articles

The pandemic has forced many of us to work from home, which has had both positive and negative effects on our lives. While the convenience of working from home cannot be denied, it can also cause mental and physical strain due to the blurring of work-life boundaries. Here are five tips to help you maintain your well-being while working from home.

1. Establish a routine

One of the biggest challenges of working from home is the lack of structure in your day. Without the routine of a commute or set work hours, it’s easy for your work and personal life to blend together, which can cause burnout. To avoid this, it’s essential to establish a daily routine that you can stick to. This routine should include set work hours, regular breaks, exercise, and time for family and leisure activities. Having a routine will help you maintain a sense of normalcy and balance in your life.

2. Create a designated workspace

When working from home, it’s tempting to work from the comfort of your bed or couch. However, this can lead to poor posture, eye strain, and lack of focus. It’s essential to create a designated workspace that is conducive to productivity and focus. This workspace should be well-lit, comfortable, and free from distractions. Having a separate workspace will help you stay focused during work hours and avoid work-related stress during personal time.

3. Take breaks and move around

It’s easy to get lost in your work and forget to take breaks, especially when your office is just a few steps away. However, taking breaks is crucial for your physical and mental health. Make sure to take regular breaks to stretch, move around, and give your eyes a break from the screen. You can use these breaks to do a quick workout, go for a walk, or meditate. Taking breaks will help you stay energized and focused during work hours and prevent burnout.

4. Stay connected with colleagues and loved ones

Working from home can be isolating, especially if you’re used to working in a busy office environment. It’s important to stay connected with your colleagues, friends, and family members. Schedule regular virtual coffee breaks, lunch dates, or happy hours to catch up with colleagues and maintain a sense of community. You can also use technology to stay connected with loved ones, such as video calls or messaging apps. Staying connected with others will help you maintain your mental health and prevent feelings of loneliness.

5. Prioritize self-care

When you work from home, it can be easy to forget to prioritize self-care. However, self-care is crucial for your mental and physical health. Make sure to set aside time for activities that bring you joy, such as reading, cooking, listening to music, or massage therapy. You can also practice mindfulness or meditation to reduce stress and anxiety. Prioritizing self-care will help you maintain a healthy work-life balance and prevent burnout.

Your well-being while working from home

In conclusion, working from home can be challenging, but with the right tools, it can also be a rewarding experience. By establishing a routine, creating a designated workspace, taking breaks, staying connected with colleagues and loved ones, and prioritizing self-care, you can maintain your well-being and thrive in a remote work environment. Remember that everyone’s situation is different, and it’s essential to find what works best for you. Stay positive, stay connected, and stay healthy. Here’s to your well-being while working from home.

What Older Entrepreneurs Can Teach Us About Success

14 February 2023
Liz Capants
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Categories: Articles

Entrepreneurship is often associated with young, tech-savvy individuals with fresh ideas and boundless energy. However, there’s a growing trend of older entrepreneurs who are also making significant contributions to the business world. These individuals bring a wealth of experience and wisdom to their ventures, and they can teach us a lot about success.

Here are some key lessons we can learn from older entrepreneurs:

1. Experience Matters

Older entrepreneurs have been around the block a few times, and they bring a wealth of experience to their businesses. They have learned from successes and failures, and they understand what it takes to make a venture successful. They have also developed valuable skills such as leadership, communication, and problem-solving, which can be crucial in running a business.

2. Persistence Pays Off

Starting a business is never easy, and it often involves setbacks and failures along the way. However, older entrepreneurs have the advantage of knowing that persistence pays off. They have learned to persevere through difficult times and to keep pushing forward until they reach their goals. This persistence is an essential ingredient for success in any entrepreneurial endeavor.

3. Adaptability is Key

The business world is constantly changing, and entrepreneurs need to be adaptable to keep up with the latest trends and technologies. Older entrepreneurs have learned to be flexible and to adapt to changing circumstances. They know how to pivot their businesses when necessary and to embrace new technologies and business models.

4. Relationships are Everything

One of the most significant advantages that older entrepreneurs have is a vast network of contacts and relationships. These relationships can be invaluable when it comes to building a successful business. Older entrepreneurs understand the importance of nurturing relationships and building trust with partners, customers, and suppliers. They know that strong relationships are the foundation of a successful business.

5. Risk Management is Crucial

Entrepreneurship is inherently risky, and older entrepreneurs know this better than anyone. However, they have also learned to manage risk effectively. They know how to assess risk and to take calculated risks when necessary. They also understand the importance of contingency planning and have developed strategies to manage risk and uncertainty.

6. Don’t Be Afraid to Ask for Help

No entrepreneur can do it all alone, and older entrepreneurs understand this. They have learned to seek out help when they need it, whether it’s from mentors, advisors, or partners. They know that asking for help is not a sign of weakness, but rather a sign of strength and humility.

7. Always Be Learning

Finally, older entrepreneurs understand the importance of continuous learning. They know that the business world is constantly evolving, and that staying ahead of the curve requires a commitment to ongoing education and professional development. They are always seeking out new opportunities to learn and grow, whether it’s through networking, attending conferences, or taking courses.

In conclusion, older entrepreneurs have a lot to teach us about success. They bring a wealth of experience and wisdom to their ventures, and they have developed a set of skills and attitudes that are crucial for any entrepreneur. By learning from their example, we can improve our chances of success and build better businesses.

How to Network Effectively In 2023

29 December 2022
Liz Capants
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Categories: Articles

It’s time to rethink what networking actually means. Networking is one of the most important things you can do for your career and business. But, how much time do we all spend networking, either online or in person events? When we look back at 2022 and track where our time is spent, how much of it involves good old networking? What are the outcomes of these initiatives? Are you gaining new knowledge and perspectives to transform and grow your business and career? What peers have been instrumental to your business? Let’s take a deeper dive into the purpose of establishing a solid network.

Are you one of those who dread the thought of networking, idle chit chat and getting to know yous?

I’m on a mission to shift the perspective on networking. When you create a vetted, trusted group of colleagues – who educate and challenge each other and innovate sparks of creativity – the skies the limit. Business leaders in a variety of fields that augment what you do are key to being in your corner.

Why? No man / woman is an island.

Networking is one thing but being able to utilize it is another thing.

It is an essential craft to master. With the right approach your professional network acts as your sales team, affording you job and business opportunities you may not have discovered on your own. Tap in. Lean in. Inspirations and innovations are most found from external relationships. This leads to growth. And growth is essential for us all. One example for myself – Tina Larsson, Co-Founder of The Folson Group, has inspired me to consider writing a book. Could I do this? Maybe.

Assume others don’t know what you do or how you do it. Educate them. What makes you unique? Add your uniqueness to your why. Share it! When you share your story it creates pathways for others to remember you. This yields new opportunities and challenges you many never have considered.

Be ubiquitous. Be curious. Have fun with learning.

Ask questions and listen actively so that you can learn more about the other person. Don’t be afraid to share stories and insights; networking is a two-way street. Most people love being asked for help. It’s flattering. Ask. Offer helpful ideas in return, and exchange best practices and knowledge with your network.

Effective networking helps grow your professional brand. Be visible and get noticed in 2023! By continuing to put yourself out there, you (sometimes unknowingly) are building your own self confidence. The more you articulate what you do, the better the delivery of your message.

Show interest in what matters to your peers. Find out what their interests are and care. Be positive and enthusiastic (of course it’s not possible ALL the time) when you meet new people. It’s OK if you’re having a bad day. We all do. Show up. Show your authenticity and find common ground with the person you’re talking to that goes beyond work-related topics. This will help them remember you and create a more meaningful connection.

Networking events come in all shapes and sizes. They can range from formal business lunches to informal gatherings at a local bar or cafe. They can also be focused on specific topics, or they can be more general in nature. What’s best for you? Do your research and decide.

Take inventory of your network. Are you being challenged and inspired by your network? Have you received helpful advice and mentoring? Have you grown your personal and professional brand? Have you been introduced to potential business and career opportunities?

Network effectively.

Can you measure the strength of your relationships? Do you segment contacts to ensure you develop all? Learn to stay abreast of new developments in your field and stay on top of industry trends and changes.

And, most important, network to connect around a cause. What attracts and retains others mostly is the notion of connecting for a greater purpose other than ourselves. Erudites Networking Group, connecting professionals globally while integrating purpose and giving back to our communities. How does purpose fit into your business goals and revenue model? Join us for our meet up on Thursday, 1/26, 5:30 pm, register here: https://eruditesgroup.com/timessquare/. Cheers to a prosperous networking 2023. We look forward to meeting you!

How to Create a Work Culture That Appeals to Gen Z

14 November 2022
Liz Capants
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Categories: Articles

What would you estimate are the top strategies to motivate, develop, and retain Gen Z employees? What influences these workers that differentiate them from others? As the world of work changes, so does the workforce. A new generation of job seekers is entering the workforce, and employers need to learn how to appeal to them if they want to attract top talent. These workers view work as more than just a job – it’s a place where they can learn and grow, and they’re not afraid to switch careers swiftly if they can find something that’s a better fit for them.

Gen Z often questions and explores diverse opinions on a topic before coming to their own conclusion. For example, instead of asking a new employee to read an onboarding document, ask them to read it and then suggest ways to improve it. Some generational shifts also include less formal communication, high empathy, and an understanding that people’s lives come before the company’s needs. These workers tend to have a large cross-section of interests and hobbies outside of work and want to continue to prioritize these. They are multi-faceted and don’t live to work. The current rigidity of many career paths will need to be modified to include and embrace cross-functional roles.

Gen Zers want to be constantly learning and growing, so ensure your company offers programs that help employees do just that. Create an environment that encourages collaboration and teamwork. These workers thrive in collaborative environments. Develop an open space structure that provides flexibility where people can gather together and brainstorm ideas. Gen Z are known for being entrepreneurial and independent thinkers, and they value companies that are willing to let them take risks and try new things. Turn tasks into problems for your teams, add a ‘why’ to each task. If you can create a work culture that appeals to all of these things, you’ll be sure to attract top talent from Gen Z.

What is Gen Z and how are they different from previous generations

Who is this cohort? Gen Z is the generation born between 1995 and 2010 and make up the youngest members of today’s labor market. Companies stand to benefit from considering their values and identifying ways to adapt to their needs, without neglecting other generations in their workforce. These workers strive for meaning and importance in their work, such as climate change, wealth inequality, how they can have a significant impact and make a difference in the world. DEI is key for them, where diversity and inclusion are prioritized and championed in an organizational culture.

When it comes to job growth, they want to be in a position where they feel challenged and continuously developing new skills. Invest in learning and development and promote rotational programs to allow Gen Z to evolve, be challenged, and grow. Collaboration and autonomy is also key! Encourage team projects to allow them to showcase their contributions, while also allowing for autonomy and independent assignments.

How do you attract top talent from Gen Z

So how can you attract and engage top talent from Gen Z? First, keep the job application process short! Offer easy and fast application portals to keep them engaged throughout each step of the process. Ensure the physical environment of your firm allows for some open office space, aligning with their expectations in collaboration and communication. Provide regular feedback in lieu of annual performance reviews. They have grown up accustomed to receiving quick updates in every facet of their life. Embrace social media and technology in the workplace. As digital natives, they expect it everywhere, including at work.

Be creative

Empower them to perform at their full potential! Consider these insights when assessing your current workplace culture and values, as successful recruiting and retention will depend on it. They are unique from other generations not because they have ‘evolved’, but because they have grown up with varying opportunities and challenges. Generational categories represent attitudes, interests, beliefs and experiences. Gen Zers crave transparency everywhere and expect frequent employee communication and feedback. Recognize their accomplishments. Keep things simple and informal, creating a sense of balance, community, and belonging. What else would you add towards improving employee motivation with Generation Z?