Tag: recession

Coaching yourself

Not too long ago I wrote about career coaching in a recession. Now, things have changed a bit and I am revisiting some great coaching resources. Also, I should expand on the time line on when the coaching in a recession is most useful. The question if you are in a situation, like I was many years ago, where you thought that nothing would move forward and your whole life is in shambles, you decide to coach yourself. Similar to Baron von Muenchausen who pulled himself out of the swamp. Ideally I have some partner coaches I work with at cb consulting but sometimes, for smaller things, and my own dream fulfillment, I work with myself a lot. You need to be your own coach and chose mentors to work with. As a coach you are always a leader at the same time. Leadership consists of skill, knowledge and being able to provide examples. You just cannot coach people without identifying their problems, knowing what to do and giving examples of how other people have done it, or how things would be in a similar situation. So you become a role model for your clients by being a good coach

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career coaching….continued

Hello, This last week was quite busy so I thought I pick up the topic of career coaching again. Found this interesting blog, Grow Rich Me?! It’s all about following your dreams and making the most of your life. Which in all fairness is good. But, looking at coaching, you structure your dreams. You need to really. If you search for Career Coaching you find all sorts of sites. But what would it mean for me or cb consulting? I have written a lot about coaching in this blog and for me it means to really give yourself some focus. Starting with a good hour of sitting down and writing up what you want to do? What you like to do? What are you good in? What are you not good in? That gives you a good basis for defining your goals. Goals: where do you want to be? What drives you? What gets you up in the morning? Where do you see yourself in 3, 5, 10 years time – or 20 even? From there we work backwards. NLP does that quite often. Imagine you were already in a situation you want to be in, how did you get

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Career Coaching in a Recession

I was speaking to a friend earlier today. Really, I was helping him to get his CV updated and to tidy up his cover letter. Unfortunately, that was more work than I thought it was. He has been with his company for a few years, has been in a few jobs, however the recession makes him fear he might lose his job soon. So he asked me to look into that and since I run my own consulting and coaching business I was more than happy to do that. He was pleased with the fresh input I gave him for his CV, the way he can sell himself much better now. And, he also is much more confident to apply for jobs and do his cover letters too. I said, no problem, anytime. He answered that he would like to pay me but instead suggested to pay 2% of his new job’s salary to me. With his position, that could be a nice promise if he keeps it. Maybe I should offer that to everyone – if you run your CV by me and cover letter, I help you to identify your goals, aims and objectives to where you want

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Starbucks and the recession

Hello, After a very busy start in the year, I want to take a few minutes to give you my 5 cents on Starbucks. In a recession people in general buy less coffee on the go and rather make their own at home or in the office. Particularly with Starbucks it saves them £1.65 per day, accounting to about £75 a month. That is quite a bit if you think about it. Special coffees are probably even dearer. Now, with Starbucks closing more and more stores, they also do more marketing. As a registered Starbucks card user I got a letter in the mail with a wallet for my travel ticket and 50p vouchers, one for every day of January. That means, I got £15.50 free at Starbucks this month. Putting that into perspective, if I only buy weekdays, I save about 13% of my bill. That was clever. Your travel card needs to come out of your pocket the moment you exit the train/tube in London and you get your instant reminder to your savings on the daily coffee.  So why not treat yourself. The letter going with the wallet btw. was rather cheap looking. I didn’t keep it

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Recession

Now I am trying to be an economist 🙂 No, not really. But what is happening around me is tragic. We all know that Woolies, the flagship of the British High Street goes into liquidation in January. We also have noticed that more Starbucks shops are closing and you might be aware on your own High Street that estate agents close offices or the little shop selling baby stuff or lamp shades has disappeared. Most of those shops are on the limit to profitability and therefore will have to close when people stop spending. More people might buy a lamp shade at Homebase for instance because it will be cheaper than in the local lamp shop. Whilst a year ago you might have preferred to have a better service and spend a couple of quid more, today you would not. However, there are other stores that seem to disappear too: – The Pier – one of the shops where my wife buys lamp shades and we bought curtains, carpets, glasses, candles, CD racks etc. etc. – no shopping spree without a visit to The Pier. Well, from now on it will have to be. – Whittard of Chelsea – I

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A day in History

Hello, Today’s day does mark an interesting mix of stories in my BBC News Alerts. Here we go: In 1941 Germany and Italy declared war on the US. Now that is history, luckily. Present is that Germany and the UK fight about recession counter measures. Future is the gender of our baby which we found out yesterday but are only 90-95 percent sure. We accept bets and guesses 🙂 So, that is what I call a day in history. Have a good one. Volker

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How am I doing? How are you doing?

What a nice week lays behind me. Non stressful I have to say but very productive. Now, having had a massage today, shopping, anticipation of more nice wine tonight, I wonder, “how am I doing”. The recession is there (or almost), the continuous growth for almost two decades has stopped (Keynes could have told you that) and now…what is on the horizon? People and companies spend less money on marketing and if they do, they spend it on online marketing as it is measurable. So my industry should do “ok”. Am I ok? I think so. Not only am I not too worried about the recession in our industry, then again we notice the outcome too, but also I am not yet too worried about the mortgage and the family. That might change of course. People say in a recession you sometimes find the spending goes up. People try to buy themselves out of the recession, buy extravagant things to feel as if they can still do it. That they are noticed and show off that the recession is not hitting them as hard. Not sure if I would. But, I cannot say I am spending less. Maybe, I am

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