Daily Bulletin

Business Mentor

.

Avoid These Mistakes When Changing up Your Executive Career

  • Written by News Co

Switching up industries is a valid move at any stage in your career, even if you’re an executive. Doing so at this stage can be a lot more intimidating, however, and it can be quite difficult knowing where to start. Making the transition with so much experience under your belt can be draining in a variety of ways, but there are several ways that you can make this switch as easy as possible. In this article, we outline a few mistakes that can crop up when changing careers as an executive, and how you can avoid them.

Where to start

If you’re left scratching your head when it comes time to start looking for new career avenues, there are a few tangible places to start. Many people don’t realise that there are executive recruitment agencies in Sydney that can help candidates find work, and this remains a particularly good option for time poor people. This is far from the only options, however. If you do decide to change careers, it’s important to make this information known to prospective employers. Specifically, you should let them know why you want to make the move to a different industry, as credentials alone will often not be enough to help you when you’re competing with established people already working in the same field. You’ve likely spent years building up an extensive network as an executive, and this is definitely not the time to forget it. You’ll likely have met a considerable number of other executives and CEOs who might be either able to point you in the right direction or help you directly themselves. Having someone vouch for you in a professional capacity can have a lot of sway in any industry, and as such these resources should be treated as invaluable.

Stay up-to-date with the job market

If you’ve been in the same industry with some time and are unfamiliar with how things have changed since you last were looking for a job, it’s important that you do a good amount of research into the job market. It doesn’t matter if you’re exceptional at your job, as some opportunities require some specialist digging and an approach you might not have yet considered. Rather than make the unfortunate assumption that you’ll be headhunted due to your expertise, looking for work on your own can yield results that end up being much more favourable than those offered by a company trying to poach you, particularly if it means you can move into a position that you enjoy more. It’s worth familiarising yourself with new companies in your field and adjacent fields so that you can better understand the professional trajectories of both start-ups and large organisations, and from here work out which best suits you.

Still looking for professional career help?

If you don’t have the time or energy to do all this extensive research by yourself, executive recruiters (particularly in specialist industries like law) can be a very valuable resource. Much of this is because it’s the jobs of these recruiters to stay on top of careers, so they’ll always have the most recent and relevant information on hand to pass onto you. Don’t ever be dissuaded to pursue a new career, though. Finding a new niche can be one of the most positive things you every do for yourself, both professionally and personally.

4 Costly Mistake To Avoid When Subdividing Your Property

  • Written by News Co


As a property developer or landowner, the first step in developing your land is subdividing it. You subdivide the property into several lots that you either rent, sell or award to shareholders. This process involves some legal steps and can be confusing. 

For this reason, you need to work closely with subdivision certifiers in your area. This aspect will help you speed up the subdivision certification process. However, this is not all. When subdividing your property, you need to be conscious. The rigidity of this process can be a costly affair if you are not careful. 

Here are some mistakes you should avoid in your property subdivision mission:

Rushing to sell the subdivided lots

No doubt, the first reason for subdividing your property is to sell it. You need to make a big return from your parcel. Due to this, many property owners buy and subdivide the land and sell it immediately. While this can be a nice idea, it limits your return. The property market is unpredictable meaning it can shift at any time. A land price can triple within six months. 

For this reason, rushing to sell the subdivided lots can deny you chances of making a good return from your property. Instead of rushing, you can opt to rent or lease the blocks. This step will ensure you have some returns as you wait for the market to change.  


Ignoring due diligence 

In a rush to make money from a property, many property developers throw caution out the window. You find a big land and buy it immediately without performing some background check. Taking such a step can land you in regrettable consequences. As you know, the authorities put a restriction on the kind of development that can take place in given areas. 

For example, you cannot build flats in given areas. If your dream is to develop such structures, you need to perform a thorough due diligence check.  Such a step will save you from buying land that does not align with your property development objectives.


Not working with the neighbors

Some property buyers do not have time for the neighbors. You get a land, buy, and fence it. No consultation with people living around it. In most cases, people make informal walkways in idle lands. The land may be the only access to your neighbor’s property. Also, there might be a road passing through your property without you being aware. 

By fencing your land and ignoring the neighbors, it will create a bad impression. The act can even lead to the denial of a subdivision certificate. So, consider consulting and working with neighbors before kicking off your subdivision process.  


Getting the wrong certifiers

Having a private certifier is a good idea when subdividing a property. But this can be the beginning of your suffering. With the property arena becoming an attractive niche, both legit and fake certifiers are on the rise. You will find a subdivision certifier in every area. 

For you to avoid regrets, it is important to choose one carefully. Otherwise, you will waste money and experience process delays when you pick the wrong subdivision certifier.  

10 Essential Factors to Consider When Buying a Forklift

Purchasing a forklift is a significant investment for any business, whether you're in warehousing, construction, manufacturing, or logistics. With a plethora of options available in the market, it's...

Daily Bulletin - avatar Daily Bulletin

How to Get the Best Value When Buying Cardboard Boxes

Cardboard boxes have become an indispensable part of daily life, whether for moving houses, shipping products or simply for storage purposes. The key to making the most out of these versatile contai...

Daily Bulletin - avatar Daily Bulletin

BYD Expands in Australia: Introducing Chinese Dealerships and Pioneering Innovative Operations

Recently, BYD has been generating significant buzz with the launch of its two new stores in Melbourne and Sydney, revealing some exciting developments. Notably, BYD’s Chairman, Wang Chuanfu, graced ...

Daily Bulletin - avatar Daily Bulletin

Deciphering the Intricacies of Scrap Copper Prices in Melbourne: A Comprehensive Analysis

Introduction In the bustling metropolis of Melbourne, where innovation meets industry, the scrap copper market forms an integral part of the city's economic landscape. From the scrapyards scattered...

Daily Bulletin - avatar Daily Bulletin

Empowering Your Brand: The Integral Role of User-Generated Content in Social Media Marketing

In the ever-evolving landscape of digital marketing, brands constantly seek innovative strategies to connect authentically with their audience. Among these strategies, User-Generated Content (UGC) h...

Daily Bulletin - avatar Daily Bulletin

DIY Panel Beating Tips for Car Enthusiasts: A Beginner’s Guide

Welcome to the world of car maintenance and repair, where enthusiasts and DIYers converge to breathe new life into their beloved vehicles. Today, we’re diving into an essential skill for anyone look...

Daily Bulletin - avatar Daily Bulletin

Tomorrow Business Growth