Strategies for Improving Workplace Behavior and Performance

From Leadership Expert Dr. Diane Hamilton

Apple and Other Top 10 Company Financial Statements

 

With all of the reports about the successes and failures of IPOs in 2012, there may be renewed interest in deciphering financial reports.  The follow are explanations of the four major financial statements.

  1. Income Statement:  One of the most important reports for a company is their Income Statement.  This may be referred to as the Statement of Income or the Profit and Loss Statement. This report shows profits and losses over a specific period of time.
  2. Balance Sheet:  The balance sheet is also referred to as the Statement of Financial Position. The balance sheet displays a company’s position at a single moment in time.
  3. Cash Flow Statement:  This may also be referred to as the Statement of Cash Flows. The Cash Flow Statement shows information about how money flows in and out of a business.  This may be helpful in determining the viability of a company.
  4. Statement of Retained Earnings:  This may also be referred to as e Statement of Changes in Equity.  This statement explains the company’s retained earnings over a period of time.  This will be reported under shareholder’s equity on the balance sheet.

The following are examples of the top 10 company financial statements:

Income Statements:

Balance Sheets:

Cash Flow Statements:

Related Articles: 

 

Top 10 Entrepreneurs Who Hit it Big Before Turning 35

 

There was a time when it was unusual to hear about an entrepreneur becoming successful at a very young age.  With the technology boom, the story is becoming more commonplace.  The following list contains the top 10 entrepreneurs whose dreams came to fruition and made them very rich before they hit the ripe old age of 35.

  1. Apple – Creators:  Steve Jobs and Steve Wozniak.  Apple was established in 1976, the year Steve Jobs turned 21 and Steve Wozniak turned 26.
  2. Amazon – Creator:  Jeff Bezos.  Amazon was founded in 1994, the year Jeff Bezos turned 30.
  3. Disney – Creator:  Walt Disney.  Disney was founded in 1923, the year Walt Disney turned 22.
  4. Facebook – Creators:  Mark Zuckerburg and his college roommates Eduardo Saverin, Dustin Moskovitz and Chris Hughes. Facebook was launched in 2004, the year that Mark Zuckerburg turned 20.
  5. Google – Creators:  Larry Page and Sergey Brin.  Google was incorporated in 1998 the year that Larry Page and Sergey Brin turned 25.  Google’s IPO was in August of 2004, the year the men turned just 31.
  6. Groupon– Creator:  Andrew Mason.  Groupon was created in 2008, the year Mason turned 29.
  7. LinkedIn – Creators:  Reid Hoffman and founders from PayPal.  LinkedIn was founded in late 2002 the year that Hoffman turned 35.
  8. Microsoft – Creators:  Bill Gates and Paul Allen.  Microsoft was established in 1975, the year Bill Gates turned 20 and Paul Allen turned 22.
  9. Twitter – Creator:  Jack Dorsey.  Twitter was created in 2006, the year Dorsey turned 30.
  10. Yahoo! – Creators: Jerry Yang and David Filo.  Yahoo! was incorporated in 1995, the year that Jerry Yang turned 27 and David Filo turned 29.

Click on the company names above to find out more details and top stories about these unique companies.

Related Articles

Top 10 Companies’ Code of Ethics and Conduct

Companies have something called a code of ethics that outlines how they will run their business.  Sometimes they refer to this as their code of conduct. There aren’t always laws to govern things like ethics.  Therefore, it is up to companies to define some of their ethical behavior.

 

via searchenginewatch.com – Google a Little Evil

According to the International Labor Organization, “Unlike labor law, corporate codes of conduct do not have any authorized definition. The concept “corporate code of conduct” refers to companies’ policy statements that define ethical standards for their conduct. There is a great variance in the ways these statements are drafted. Corporate codes of conduct are completely voluntary. They can take a number of formats and address any issue – workplace issues and workers’ rights being just one possible category. Also, their implementation depends totally on the company concerned.”

Click here for an article on the difference between laws and ethics.

The following is a list of some major companies and their code of ethics:

In researching these companies, it was interesting that Facebook didn’t have a clearly defined code of ethics listed in the same way other companies did.  For more about Facebook, check out the Wall Street Journal article:  Facebook Agrees to Work With Government on Germany Privacy Code.

Related Articles

Top 50 Venture-Funded Companies for 2011

The Wall Street Journal had a couple of very interesting articles about start-up companies and their ability to obtain funding.  The following list of top 50 venture-funded companies for 2011 came from one of those articles.  Of particular interest to me was the ease that some young entrepreneurs are finding in terms of ways to obtain capital, should their startups be technology-based.  Everyone is looking to get in on the next Facebook or Google.  Entrepreneur Aaron Levie, 26, was able to raise $48 million in less than 3 weeks for Box.net, his online storage company.  Check out what WSJ.com claims are the top 50 start ups for 2011 below:

Rank Company Name Location Industry Why It’s Hot 2010 Rank Total Equity Raised in Millions
1 Castlight Health Inc. San Francisco Health Care As consumers pay more of their health-care bills, Castlight lifts the veil on medical costs. 14 $81.00
2 Xirrus Inc. Thousand Oaks, Calif. Information Technology Founder Dirk Gates previously took another start-up, Xircom, public and then sold it to Intel. 9 $80.25
3 Xactly Corp. San Jose, Calif. Business and Financial Services Xactly’s partners include Microsoft, Oracle and Salesforce.com, which invested last June.   $69.00
4 Recycle Rewards Inc. New York Business and Financial Services Recyclebank is expanding internationally and currently operates in 29 states. 25 $73.35
5 ExteNet Systems Inc. Lisle, Ill. Information Technology ExteNet raised $128 million in a January 2010 round led by George Soros’s investment firm.   $191.90
6 Cyan Optics Inc. Petaluma, Calif. Information Technology CEO Michael Hatfield previously founded Calix Networks, which held an IPO last year.   $90.83
7 Aster Data Systems Inc. San Carlos, Calif. Information Technology Aster helps companies analyze data to understand customer behavior and detect fraud.   $47.00
8 Glam Media Inc. Brisbane, Calif. Consumer Services Glam’s sites attract 198 million monthly visitors world-wide. 13 $154.20
9 Carrier IQ Inc. Mountain View, Calif. Information Technology The software sits on 140 million devices world-wide, providing data to Sprint and Vodafone.   $48.00
10 Imperva Inc. Redwood Shores, Calif. Information Technology CEO Shlomo Kramer co-founded one of Israel’s largest tech companies, Check Point Software.   $54.00
11 Vidyo Inc. Hackensack, N.J. Information Technology Vidyo powers Google Chat and bundles its software on Hewlett-Packard PCs. 35 $61.19
12 Etsy Inc. Brooklyn, N.Y. Consumer Services It’s profitable and in August it estimated 2010 revenue of $30 million to $50 million.   $51.25
13 RGB Networks Inc. Sunnyvale, Calif. Information Technology RGB acquired mobile-video rival RipCode in June.   $119.00
14 IronKey Inc. Sunnyvale, Calif. Information Technology Founder and Chairman David Jevans helped develop Apple’s Internet strategy.   $50.30
15 Appia Inc. Durham, N.C. Information Technology Appia is moving to build app marketplaces for the likes of AT&T and Samsung.   $18.25
16 The Active Network Inc. San Diego Business and Financial Services Having raised at least $275 million, Active has made numerous acquisitions.   $272.44
17 Nimble Storage Inc. San Jose, Calif. Information Technology Nimble has built an appliance that provides primary and backup storage in one box.   $24.27
18 PatientSafe Solutions Inc. San Diego Health Care After raising $30 million in February, PatientSafe completed and launched its iPod Touch system.   $71.50
19 Glaukos Corp. Laguna Hills, Calif. Health Care Glaukos is developing a new medical-device treatment for open-angle glaucoma.   $117.55
20 Fusion-io Inc. Salt Lake City Information Technology Executive team boasts Apple co-founder Steve Wozniak. 2 $111.50
21 Achaogen Inc. South San Francisco, Calif. Health Care Has support from the National Institutes of Health and Department of Defense.   $103.00
22 NeuroPace Inc. Mountain View, Calif. Health Care Filed for approval of a system to monitor and stop epileptic seizures. 12 $130.30
23 Xoom Corp. San Francisco Business and Financial Services Two large, undisclosed public equities firms led its last $33 million round.   $81.44
24 Workday Inc. Pleasanton, Calif. Business and Financial Services The latest effort from Dave Duffield is challenging his earlier creation, PeopleSoft. 16 $110.00
25 SpiderCloud Wireless Inc. Santa Clara, Calif. Information Technology Helps carriers meet the growing demand for mobile broadband on corporate campuses.   $54.10
26 Jive Software Inc. Palo Alto, Calif. Information Technology Financed by Google backers Kleiner and Sequoia, Jive Software brings social-networking tools to big business.   $57.57
27 Federated Media Publishing San Francisco Consumer Services Federated Media has made three acquisitions since August to bulk up its advertising and publishing network.   $57.25
28 Boku Inc. San Francisco Business and Financial Services CEO Mark Britto previously led Ingenio to an acquisition by AT&T and Accept.com to Amazon.   $38.00
29 Zoosk Inc. San Francisco Consumer Services The “social” online-dating company has more than 15 million active monthy users. 42 $40.10
30 EndoGastric Solutions Inc. Redmond, Wash. Health Care With $120 million total raised, EndoGastric is pushing to profitability.   $128.68
31 Chegg Inc. Santa Clara, Calif. Consumer Services Chegg recently acquired two firms to expand into other student services. 32 $166.20
32 Everyday Health Inc. New York Consumer Services Everyday Health’s sites host 26.5 million visitors a month. In January, it partnered with AOL.   $77.20
33 Xsigo Systems Inc. San Jose, Calif. Business and Financial Services Xsigo’s board of directors includes Veritas Software’s Mark Leslie and HP’s chairman Ray Lane.   $60.00
34 Soasta Inc. Mountain View, Calif. Information Technology Soasta tests the mettle of online services prior to launch by simulating heavy traffic. 36 $21.05
35 Rally Software Development Corp. Boulder, Colo. Information Technology Rally was named the sixth best place to work in the U.S. by Outside magazine last year.   $49.25
36 Prosper Marketplace Inc. San Francisco Business and Financial Services Prosper leveraged the credit crisis to build a service matching lenders and borrowers.   $54.24
37 Pivot3 Inc. Houston Information Technology It says bookings doubled each of the last four years.   $78.00
38 Suniva Inc. Norcross, Ga. Energy and Utilities One of the only start-up solar-cell makers in the U.S. that’s enjoying rising demand. 15 $130.50
39 Veracyte Inc. South San Francisco, Calif. Health Care Developing minimally invasive molecular tests to provide earlier cancer diagnoses.   $49.00
40 ExactTarget Inc. Indianapolis Business and Financial Services Exact Target scrapped an IPO in 2009 and has bought three companies in 17 months.   $155.50
41 OncoMed Pharmaceuticals Inc. Redwood City, Calif. Health Care OncoMed has shown an ability to attack cancer stem cells, which resist traditional chemotherapy.   $168.02
42 ExaGrid Systems Inc. Westborough, Mass. Information Technology ExaGrid’s technology is similar to that of Data Domain, the subject of a $2.2 billion EMC-NetApp bidding war.   $78.10
43 SeeSaw Networks Inc. San Francisco Business and Financial Services Founder Monte Zweben previously founded Blue Martini Software and Red Pepper.   $19.59
44 Silver Peak Systems Inc. Santa Clara, Calif. Information Technology Silver Peak is growing quickly and taking on larger rival Riverbed Technology. 20 $59.80
45 Zilliant Inc. Austin, Texas Information Technology Zilliant uses scientific data to maximize profits by fine-tuning pricing.   $62.47
46 Yammer Inc. San Francisco Business and Financial Services Called “Facebook for business,” Yammer has been embraced by employees at large companies.   $40.00
47 Bivio Networks Inc. Pleasanton, Calif. Information Technology Its government contracts helped it navigate the recession better than most.   $78.30
48 TxVia Inc. New York Business and Financial Services CEO Anil Aggarwal has a decade of experience running electronic-payments firms.   $51.50
49 Service-now.com Inc. Del Mar, Calif. Information Technology Founder and CEO Fred Luddy was CTO of Peregrine Systems and Remedy. Former Documentum CEO Jeff Miller and Proflowers.com CEO Bill Strauss became directors last year. 45 $54.86
50 Aprius Inc. Sunnyvale, Calif. Information Technology Cofounder Peter Kirkpatrick hails from Intel and CEO Varun Nagaraj led NetContinuum.   $31.00

Source:Dow Jones VentureSource

InMaps from Linkedin: Map Your Social Connections If You Can Get It To Work

Have you ever wondered what your network actually looks like?  With Linkedin InMaps, they claim you can get a map of colors to show your connections and how they inter-relate.  Colors represent groups within your professional connections.  It’s a way to see how you know people and visualize relationships.

It sounded very interesting so I thought I’d check it out.  I was unable to view InMaps through Explorer or AOL.  It suggested using Google’s Chrome or Firefox but it never worked with those applications either.  It just gives a never-ending processing swirl on the page.  I was curious if it had to do with Windows 7 so I tried it on my Mac with no luck either. Granted, I have a lot of connections on Linkedin, but the processing swirl never stopped. 

Perhaps they are just having problems with the site that will resolve.  If anyone has had good or bad things to say about InMaps, I’d be curious to hear about it.

Authority Pro: Promises More Than the Typical WordPress Theme Engine

 Authority Pro Review - WordPress Squeeze Page Plugin

 

Authority Pro has positioned itself as a theme engine unlike any other currently available for WordPress.  The intent of the engine is to maximize the ability to have content delivered as needed and to drive conversations.  They offer 24 customizable widgets to increase functionality.

I’ve been reading some reviews of Authority Pro since it debuts today.  

Promotedprofits.com stated, “The promise of Authority Pro is this: you get targeted traffic, and it’ll work to get you the very best conversions possible, on as many of your pages and posts as possible.  It can continuously split-test for you, so that you’re always finding better and more profitable ways of configuring your site. If you have low levels of traffic, Authority Pro might be critical for you, as you need to really maximize the ROI of each visitor that comes to your site.  If you get moderate to high levels of traffic, then it’s obvious that you have a lot to gain from Authority Pro.”  

Netmarketingcourse.net lists the following capabilities as part of Authority Pro:

  • Video Fake Out
  • Google Analytics
  • Google Website Optimizer (split testing)
  • Built In Squeeze Page Graphics
  • Multiple Squeeze Page Templates
  • Aweber & Get Response Intagration
  • Custom Exit Page Redirect
  • Custom CSS Coding

James Morgan at Articlebase.com claims he was skeptical about this product due to all of the hype, but found the product to be much more than a theme.  He stated, “It comes pre-installed with a bunch of different squeeze page templates that make your sites indistinguishable from the ones the pros spend thousands and thousands of dollars testing.”

They are offering this product for $97 and you can get it by clicking here.

If anyone has used this and wants to fill me in on their experience, I’d love to hear about it.

Top 10 Ways to Find a Job or Have a Job Find You

With the current job market, people are looking for unusual ways to stand out in the crowd.  I recently gave a presentation at a local university where I explained the job searching tips I discuss in this article.  To see that actual live presentation, click here.

If you are not utilizing some of the following ways to showcase your talents to prospective employers, you may be missing the boat.  Here is my top 10 list of things you need to be doing if you are looking for a job.

1.  Research Top Career Sites like Monster, CareerBuilder, etc. Look for sites specific to the industry in which you want to work.  For example, there are pharmaceutical-specific sites like Medzilla or higher educational-specific sites like HigheredJobs.  Update your information with each of these sites and set up searches so that jobs are sent to you as they become available.  

2.  Utilize Camtasia and PowerPoint to showcase your abilities.  If you know how to create a PowerPoint presentation, then it can be quite simple to use a software package like Camtasia to have voice-over capabilities to make your presentation have more depth.  These presentations can be showcased on many different sites including your blog or website if you have one.  One of the best places to showcase your talents with the final presentation product is through Youtube. For an example of one I’ve made, click here.

3.  Utilize Youtube to present “you” as a viable product.  If you have created a video or a Camtasia/PowerPoint presentation mentioned previously, Youtube is the place to upload it for maximum exposure.  If you have a skill that is visual such as ability to work in Photoshop, you can create print screens of your work and incorporate them into your presentations. 

4.  Google Docs is very much like PowerPoint but it can be seen by people on the Internet as well as be imported into your Linkedin Profile. To see an example of one I have created, click here.

5.  Prezi is also similar to PowerPoint in that it is presentation software.  The big difference is how it displays your information. This web-based program can show things in a non-linear fashion.  If you haven’t had a chance to view a Prezi presentation, check one out by clicking here.

6.  Blogging is a great way to get your presence known on the Internet.  Sites like WordPress are free and easy to set up.  You can link your blog to several other networking sites to capture the attention of those on Facebook, Twitter and many more sites.

7.  LinkedIn is probably one of the best sites you can use to get exposure to people and showcase your talents.  Utilize their Q&A area to become an expert.  Sign up for groups to meet others that could hook you up with opportunities.  Import your Google Docs, WordPress blogs and other information to showcase your abilities.  Tie your status line into Twitter to get more exposure.

8.  Facebook is also an important place to network. You can create a professional page for your work or display your products that you are promoting. 

9.  Twitter can also be a useful way to have others learn about what you are doing professionally.  Be sure you tie in your other sites links to Twitter.  Use programs like bit.ly to shorter any web addresses to fit your message on Twitter.

10. Old Fashioned Networking is still important.  Always have your business card with you.  Talk to everyone you know and talk to people you don’t know.  If you are sitting by someone on an airplane or standing in line to buy something, you just might find that the person you meet has connections.  Have your business card ready!

For more articles to help you, see:

How to Get a Job Marketing You as the Product

Click on the picture below to watch the video of Dr. Diane Hamilton’s presentation:  “How to Get a Job Marketing You as the Product”:

Book Review: Get it Done Time Management Tips

I sometimes like to review books that I feel are helpful and fit into my goal of helping people reach their lifetime potential.  A book that I feel fits into that category is by Stever Robbins and is titled Get-It-Done Guy’s 9 Steps to Work Less and Do More.  I am a fan of the quickanddirtytips.com site where Stever’s work can be found.  Also on that site is the Grammar Girl, Girlfriend MD and House Call Doctor.  I often send my students to the Grammar Girl site as I think it has a ton of helpful grammar tips, written in a fun and more entertaining style.

Robbins book, 9 Steps to Work Less and do More, is also written in a very informative style.  He writes about many of the things that I also write about in my books (The Online Student User’s Manual and How to Reinvent Your Career) including time management, goal setting and more.

How to Reinvent Your Career by Dr. Diane Hamilton

 

I thought I’d point out some important things that he writes about in his 9 steps.

Step 1:  Live on Purpose

In his book, Stever stated, “If you’re anything like me, a lot of what you call work has very little to do with getting anything important done in life.”  I think this is a very important statement because I see a lot of my students and people I work with who seem busy but don’t really accomplish anything.  One thing that Stever writes about in this section that I feel is extremely important is that your actions should match your goals.  We all see the busy person who works the 80 hour week and yet are they really working smart or are they just working hard?  It is very important to have goals and to be sure that you are doing the appropriate actions to meet those goals. What is nice about Stever’s book is that he gives nice examples and step by step explanations of “how” to get to where you are going.

Step 2:  Stop Procrastinating

Procrastination can be a big problem for a lot of people.  In the book, It’s Not You It’s Your Personality, that I co-wrote with Toni Rothpletz,  I mentioned that I am a qualified Myers-Briggs instructor.  One of the most interesting things I found out about personalities is that about the people who like to wait until the last minute.  Some people actually naturally do better work at the last minute if they have a “P” personality as assigned by the MBTI personality assessment instrument.  While I agree with Stever that it is important to turn tasks into habits to stop procrastinating, there are some people who have a high “P” personality who actually work better when they are under pressure and have deadlines.  The only thing I would add to what Stever writes about here, is for those of you who have taken a personality assessment similar to the MBTI and found that you are a “P”.  If you are a high “P”, you should set time managed goals for when your project or activity should be completed.  “P” personalities seem like they are procrastinators because they wait to do things, but if they have a goal to do things that they know they must meet, they are more apt to do that thing by that timeframe.

Another thing I like about Stever’s book is he writes about breaking things into baby chunks to make goals seem more manageable.  I often write about this in my blogs and my books.  It is like the movie with Bill Murray “What About Bob” where they talk about doing baby steps.  In my book The Online Student’s User Manual, I wrote, “How do you eat an elephant?  One bite at a time.”  It is a goofy saying but it is also very true.  If you are a procrastinator, it may help you to think of a big project as smaller more manageable pieces.  I find this helps my doctoral students quite a bit as writing a dissertation can be overwhelming.  By thinking of it chapter by chapter, instead of an entire project, it can be less intimidating.

Step 3:  Conquer Technology

In Stever’s book he mentions he used a PDA for a year and then reviewed whether the promised benefits were actually beneficial.  I personally like to use iGoogle to keep track of a lot of my information.  I often recommend this to my students and have written about it here on my blog.  I think technology can be frightening for many but sites like iGoogle are very user friendly and can be accessed from many locations.  You can keep your Calendar, Address Book, etc. there as well as your RSS feeds and many other things to keep you organized.

Step 4:  Beat Distractions to Cultivate Focus

I liked Stever’s suggestion of keeping an interruptions list.  I tend to do that a lot as well.  I am the type of person that has things pop into my head often.  This is not so great when it happens at 2 am!  However, I like to write down any ideas I have on a piece of paper and get back to them later.  The trick is to write them down and then get right back to what you were doing so that you don’t jump around and be all over the place.  Instead you keep your focus.

Step 5:  Stay Organized

In this chapter, Stever covers the all important area of having organization skills.  I happen to be pretty good in this area naturally but I see a lot of people really need help with this.  I have taught time management skills to organizations where we discuss keeping track of emails, only looking at mail once and prioritizing.  This is the type of thing he gets into in this chapter.  He does a nice job including examples of checklists, etc. to get his point across.

Step 6:  Stop Wasting Time

This chapter is a very important one as far as I am concerned.  I have seen so many people who plan the plan to plan the plan and never get anything done.  People are not aware of how much time they waste.  I often have my first year college students map out a 24 hour period of time to write down exactly what they do every hour.  It can be enlightening for them to see how much time they really waste.  Stevers mentioned to be sure that what you are doing is actually work.  I was surprised by how many people I have worked with that thought they were doing work but were actually doing things that were wasting their time.  I am a huge fan of multi-tasking.  Many people over-look the importance of this skill.  When I was cold-calling in a sales job, I could type my notes while I talked to the people on the phone.  Other sales people would talk on the phone and then type their notes.  I could make twice as many calls because I could multi-task.  Are you multi-tasking whenever possible?  You could free up a lot of time by doing so.

Step 7:  Optimize

Are you doing things more than once?  Are you efficient or just effective?  I see a lot of perfectionists who are very effective but lack in efficiency.  There needs to be a balance.  Stever mentions the importance of knowing when to get expert help.  Sometimes you can do it all and you have to learn when to delegate or ask others for help.  He recommends creating resource books as your learn new tasks to refer to later for help on things you have learned.

Step 8:  Build Stronger Relationships

I like how Stever mentions you can’t there alone.  I completely agree.  There are so many people and resources out there to help you.  I know I personally have found Linkedin helpful to meet people who have given me some excellent advice and direction.  I highly recommend checking out their Q&A area as well as joining some of their groups.  Don’t just join though; you must participate in order to the most out of it.

Step 9:  Leverage

In Stever’s final chapter he writes about making sure to leverage in order to get results.  He explains using automation to get leverage.  There has never been a better time to use technology and automation to your advantage.  He mentions combining rather than multitasking to get things done.  I think there is a time for both.  Many people get confused as when to combine and when to multitask.  In this final chapter, Stever gives some excellent suggestions for ways to obtain the results you desire.

I highly recommend that you check out Stever’s book.  In it, he covers each of these topics in much more detail and gives great examples and specifics about how master these steps.

Advice: How Do I Get People To Read My Blog?

Today’s Question for “Ask Dr. Diane”: Hi Dr. Hamilton right now I am up and promoting my artist Bianka and would like to ask you, how do I get people to read my blogs and visit my artist website. I am new to blogging and would like to know how to start people talking about them. If you can give me some insight on this it will be gratefully appreciated.

There are a lot of good books that give helpful advice about blogging.  I liked the last two books I read:  Career Renegade by Jonathan Fields and Dirty Little Secrets of Buzz by David Seaman.  I also think there are a lot of bloggers like Seth Godin and others that list helpful advice on a regular basis.  Some sites like Mashable and Problogger can be helpful as well.  If you type in the question ‘How do I Get People to Read My Blog”, into Google, I think you can find more advice than you probably can handle. I think some blogs are really good to follow for advice as well.  It can take some time to get blog followers.  You need to post regularly and post information that is targeted toward the people you want to have follow you.  Remember to include your blog address on everything . . .your signature line on your email, your twitter, facebook, linkedin, etc. pages . . . You’ve done one important thing already by responding to a blog (in this case mine). By posting helpful information on other people’s blogs, people can find you as well.  You can go to forums like these to chat with others about it:  http://bit.ly/aDqmQq  . . . http://bit.ly/bbCG5H.   You can start with Twitter as well by following people and posting things from your blog there . . . check out these articles:  http://bit.ly/18qgK3  and http://bit.ly/Zq4Qt.  I’m not sure if the price is still as reasonable as it was (I assume it is), but programs like letsgetsocial.com byKate Beck can be very helpful.   She gives some good advice about how to set up social networking sites.  Her aim is more about starting a social networking business, but I feel her videos are just as helpful to someone like you that is new to the social networking scene.  One big piece of advice is to be sure you are spell checking what you type.  You want to come across as professional as possible.

What is an ePortfolio or Career Portfolio and How Do I Create One?

Today’s Ask Dr. Diane:  When I graduated from high school, I was told to set up a career portfolio.  What is that and how do I do it? 

For a complete explanation for “what is a career portfolio” click here.  The basic definition of a career portfolio is a collection of things that represent your skills and accomplishments.  Like a resume, it contains your education, awards, honors, work experience and strengths. 

There are several ways to develop a career portfolio.  You can find sites where you can pay to upload media you have designed or other things you would like to highlight to potential employers.  There are also a lot of free sites like Linkedin where you can display a lot of your information for others to find you and see your skills and abilities. Many professionals such as educators, journalists, artists and others have used career portfolios for years.  Recently many other types of job-seekers are finding that they want to be able to showcase more of their skills and abilities as well. 

It can take a bit of a time commitment to initially set up your portfolio, but in the end, it will be easier to update and add things once it is prepared. 

Quintcareers.com gives the following examples of things you should include in your portfolio:

  1. Career Summary and Goals: A description of what you stand for (such as work ethic, organizational interests, management philosophy, etc.) and where you see yourself in two to five years.
  2. Professional Philosophy/Mission Statement: A short description of the guiding principles that drive you and give you purpose. Read more in our article, Using a Personal Mission Statement to Chart Your Career Course.
  3. Traditional Resume: A summary of your education, achievements, and work experience, using a chronological or functional format. If you need help developing a resume, visit Quintessential Careers: Fundamentals of a Good Resume.
  4. Scannable/Text-Based Resume: A text-only version of your resume should also be included. More information about this type of resume can be found at: Quintessential Careers: Scannable Resume Fundamentals.
  5. Skills, Abilities and Marketable Qualities: A detailed examination of your skills and experience. This section should include the name of the skill area; the performance or behavior, knowledge, or personal traits that contribute to your success in that skill area; your background and specific experiences that demonstrate your application of the skill.
  6. List of Accomplishments: A detailed listing that highlights the major accomplishments in your career to date. Accomplishments are one of the most important elements of any good job-search. Read more in our article, For Job-Hunting Success: Track and Leverage Your Accomplishments.
  7. Samples of Your Work: A sampling of your best work, including reports, papers, studies, brochures, projects, presentations, etc. Besides print samples, you can also include CD-ROMs, videos, and other multimedia formats.
  8. Research, Publications, Reports: A way to showcase multiple skills, including your written communications abilities. Include any published papers and conference proceedings.
  9. Testimonials and Letters of Recommendations: A collection of any kudos you have received -– from customers, clients, colleagues, past employers, professors, etc. Some experts even suggest including copies of favorable employer evaluations and reviews.
  10. Awards and Honors: A collection of any certificates of awards, honors, and scholarships.
  11. Conference and Workshops: A list of conferences, seminars, and workshops you’ve participated in and/or attended.
  12. Transcripts, Degrees, Licenses, and Certifications: A description of relevant courses, degrees, licenses, and certifications.
  13. Professional Development Activities: A listing of professional associations and conferences attended — and any other professional development activities.
  14. Military records, awards, and badges: A listing of your military service, if applicable.
  15. Volunteering/Community Service: A description of any community service activities, volunteer or pro bono work you have completed, especially as it relates to your career.
  16. References List: A list of three to five people (including full names, titles, addresses, and phone/email) who are willing to speak about your strengths, abilities, and experience. At least one reference should be a former manager. Read more in our article: The Keys to Choosing and Using the Best Job References in Your Job Search.

eHow has a useful article for how to create your online career portfolio for free. 

They also suggest the following tips and warnings:

Tips & Warnings

  • Creating an online portfolio will increase your chance of landing your dream job
  • Always be honest with yourself when displaying your qualifications
  • Give your website address to prospective employers to market yourself
  • Don’t be dishonest because it will backfire!
  • Only give your website to legitimate employers
  • Do not include official transcripts online because it includes your SSN
  • Only give your personal information to only jobs you have applied for
  • Do not include your web portfolio address on your online resume with any online career site such as Monster, Hot Jobs, Vault and Career Path. Read more by clicking here.

The Fox School of Business had an interesting article about how you should spend a moment to Google yourself to see what others might find out about you online.  They reference the following statistics:  44% of hiring managers use google, myspace, and facebook to do online background checks on candidates. Nearly 1/3 of these background checks lead to rejection of a candidate.

Some tips they suggest to create your own online image include:

  1. Join Linkedin.com.  This is a great site that will allow you to create a professional social networking “resume” and allows you the chance to connect to a lot of great contacts.  Your linkedin.com profile will also show up when you google your name.  Use this to your advantage and list all of your strengths, education, and experience using well written short descriptions. 
  2. Start a blog.  Starting a blog is not just for people with uncommon niche interests.  Find a topic you find interesting and is relevant to your professional life and write in it often.  Read other blogs on industry news and comment.  All of these small things will help to create a good social presence for your on the internet. 
  3. Check your Myspace and Facebook profiles.  If there is anything that would give an employer the wrong impression of you, take it down!  Pictures should be professional.  You can stand out from the pack if you use your myspace or facebook page as another tool in your job search strategy.  Not everyone has the attitude of “it’s just a social profile.”  Make sure all privacy settings are enabled so only close friends can see things about you.
  4. For those more web savvy people, start a website or create an online resume.  These can be great additions to your paper resume and you can certainly include a link to your online resume on your paper resume and in any footings or signatures of any emails you send to employers regarding your job search.   You can detail more experiences, share some volunteer experiences and even include pictures, showcase some examples of your work.  Be careful with this though….professionalism is of utmost importance.

A useful student-centered platform for building an eportfolio is available at eportfolio.org.  Once you register, you can set up your portfolio as a student, faculty or institution.  You can then control what goes into your portfolio, who can see it, and can create several versions of it to use based on who you want to view it.  There are fees for this based on how many megabytes of storage you would require. 

In schools, some students are being taught to create web pages using a virtual learning environmental (VLE) that are not as easily accessible outside of the environment in which they are created.  A good alternative for a student who wants a format that is easier to share outside a school environment, would be to get signed up with a free account on Linkedin.  Linkedin has added a lot of features that allows people to showcase more than just work experience.  Users can also import Google Docs presentations, include a WordPress blog, and there are many more options available to update and promote abilities to prospective employers or potential connections.

For an example of a Linkedin portfolio, you can look at mine by clicking here.  To see all of the options I have added to mine, you can send me a request to be linkedin with you.  I accept all invitations.  At that point, you can see how I have incorporated Google Docs, WordPress and other features to display my information.