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Business Consulting Internship – Pairing Education and Experience

If you are preparing for a career in business consulting, the best possible start is with education and experience. Participating in a consulting internship and a consulting certification course simultaneously is ideal. When resumes are reviewed by most human resources departments or qualifications are studied by prospective clients, the first things most people look for are education and experience. Internships are mutually beneficial. They help students get the experience they need in the field, and they provide quality labor to the employer at little or no cost. Finding an internship with a successful consulting firm is an excellent way to learn the business.

This benefit is multiplied exponentially when the intern is taking a training course at the same time as the business consulting internship. Business consulting certification courses are marked by their applicability. Students can take the skills and methods they are learning from the program and see them put into practice right away. The core fundamentals of business, or management, consulting curriculum are the best practices of the field. These include the methods, models, processes, and formulas that have been proven by many people over a long period of time to be most effective and efficient. The courses also deal with the operational knowledge of business consulting.

One of the major benefits of a business consulting internship is seeing how a successful firm structures systems and day-to-day operations. A training course will also cover these areas. The double exposure helps students to learn them more fully. In addition, firms may be successful even though they are not using the most efficient processes. Training in how to structure the consulting assignments and consulting delivery models will give the students an opportunity to see several methods and decide which will work for them. Many consultants are self-employed, choosing not to work for established firms. Training courses can also show how this can be structured differently from a firm with many consultants.

A great business consulting internship and a great business consulting course will have at least one thing in common: ethical business practices. Though management consultants are focused on streamlining the business and increasing the profit line, they are professionals who should never recommend unethical methods or illegal actions. Toward this end, all good courses will include ethics considerations and guidelines in the curriculum. Pairing a solid business internship with an excellent certification training course results in an impressive resume and a certification credential.

Leadership Development and Training – It’s All the Same Isn’t It?

Although nobody will claim the modern world is perfect, it’s probably fair to say that in terms of inter-community awareness, our 21st century nation has come a long way.

Some of the appalling racial stereotyping and attitudes that existed in the past have been significantly eroded through education and awareness – even if there remains much work to be done in that area.

Yet strangely, there has been one undesirable by-product of this increasing transformation of our society and that relates to the siren-like attractions of sentiments such as “we are all the same underneath“.

On the one hand, the self-evident truth of that statement is plain for all to see. All people are capable of emotions such as love, fear, affection, resentment and so on. We all wish to be taken seriously and want to live in a just society where our rights are recognized and protected.

Yet the danger of taking that too far is that when you are considering leadership development and training, you assume that the same developmental approaches will be equally valid for all people, irrespective of their background culture and community values.

In fact, that is a very dangerous assumption.

In the case of the aboriginal peoples and their cultures, there is a double problem here. Firstly, their cultural traditions are substantially different to those imported into the country in the 18th, 19th and 20th centuries by successive large-scale European and Asian immigration.

Just presuming that the leadership development and training strategies,which may work well in say a European cultural tradition, will simply be transportable seamlessly into an aboriginal context is probably naïve.

Secondly, it cannot be underestimated how much damage was done to the self-confidence and self-value of the indigenous peoples by over 200 years of cultural marginalisation.

The effects of this are now recognized and they parallel similar problems that have arisen in other such populations around the globe, notably including those of the Native Americans.

The fact of the matter is that leadership development and training within the aboriginal cultures need to be undertaken within a framework that shows an awareness of the values and aspirations of the culture itself. In other words, the motivational and confidence-building techniques that might work well with Australians from a European or perhaps Asian cultural background may be far less effective with aboriginal peoples.

This places a huge degree of responsibility on the trainers and developers charged with increasing leadership and self-governance within aboriginal businesses, organisations and even social associations.

There are many techniques used.

Surprisingly, this isn’t just about trying to make sure that people ‘understand where they came from’, as common parlance would put it. It’s about understanding what is important to people from this background and giving them the confidence to drive forward initiatives using those motivators rather than attempting to persuade them to adopt values and objectives that may be significantly alien to them.

Fortunately, the strategies and techniques for leadership development and training in the aboriginal community continue to develop at some speed. It’s worthwhile and rewarding work and one that may yield benefits for all Australians in future.

Questions To Ask Before Enrolling In A Real Estate Investment Education And/Or Coaching Program

If you are like me, then you have an interest in real estate investment and want to do the right thing by educating yourself so that you can obtain your first real estate investment cheque. I have spent thousands of dollars over the years trying to find the company that would help me accomplish this goal. So what did I do? I watched various infomercials on the television with amazing testimonials of real estate investment success. I quickly found that once I registered to attend, my information was sold to various marketing companies, and I was in receipt of invitations to other investment opportunities that I didn’t even know about. Okay. Now I have sifted through all the invitations and I am on my way to a one-day seminar.

For the most part, the information delivered is tantalizing and I am hungry for more knowledge and the opportunity to start working on my first deal. I also find that the information delivered in the one-day seminar is in bits – for a beginner investor, it is not enough material to be useful. But what do I hear? I now have to register for a weekend workshop to learn more. Full of excitement and determination, I pay the $1500 to $2500 cost for the workshop and off I go. Again, the information presented is titillating and at least one of the presented methods is immediately implementable. The other participants and I followed the instructions given, but no results – we could not find a property matching the given search criteria. Therefore, the audience was not taught what the next steps would have been had we done so. Still filled with hope, I took careful notes and listened intently for the remainder of the workshop. What’s this I hear? I can have advanced training if I want, a coach to work with me one-on-one, and the almost guarantee that I would make money at that level? What’s the cost? Oh, only between $10 000 to $100 000. This is where I hit the proverbial brick wall. Where was I to find all that money, and for some of the workshops, the money had to be paid the very weekend! The long and short of the model is this; one has to spend anywhere from $1500 to about $100 000 without even doing your first real estate deal! It didn’t make sense.

Wait a minute. I now found that most of the real estate investors, who were calling themselves and each other gurus, were doing a massive on-line marketing campaign during the market’s downturn, only this time downplaying the ‘guru’ title. They were all offering one-on-one coaching. Why? No one was attending the conventions and workshops as before. The personal coaching idea sounded good. I decided to check out a few of them and tried one of them. I tell you the truth, because I was a rookie, I didn’t know what to ask for or what to expect from this coaching. As you can imagine, I did not get my money’s worth. By the way, the coaching was through e-mail and sometimes instant messaging only, at a cost of USD $1000 per month. Now, I could have allowed all these disappointments to derail my vision and cause me to be bitter. I refuse. Instead, I decided to use the experience to help others in similar situations make better decisions, spend less, and actually make money in real estate investment.

The sum of it all is this: not having the right real estate investment education will cost you money and just as truly; obtaining the right real estate investment education will cost you money. However, obtaining the right education is an investment, not a liability. What should one look for in a real estate investment coach/coaching program? What questions should be asked? Here are a few to consider:

• Before any money exchange hands, an outline should be provided to the student to ensure that both parties/sides understand what will be offered.

• Costs should be clearly defined and explained.

• Discuss funding. Will the coach/organization provide funding for your real estate deals? If not, will the coach/organization provide you with information that will allow you to access funding? What type of funding can you expect? Will it be transactional funding, hard money, private money, other?

• Discuss if there will be or is there an option to partner on deals. Will the coach/organization put up the funding for the real estate deal while the student does the ‘ground’ work? If partnership is an option, discuss and agree on the split. Will it be a fifty-fifty split?

• Discuss availability of the coach: Does the student have telephone, e-mail, and/or text access? What response time might the student expect? Does the student have to pay the fees for services like Skype or is it included in the coaching fee?

• What are all the things included in the coaching fee?

• If the coach is not available, is there a mentor or someone else that will be available?

• Is this a stand-alone coach or is there a professional team available to the student? Is there a lawyer, accountant, contractor, et cetera that are a part of the team? If the coach is a one-man-band, then this might not be a good option for you.

• Is there creative financing for property acquisition?

• What are the payment options for the coaching costs? What are the financing terms?

• How will the education be delivered? Will it be delivered through webinars, CDs, mp3′s, other? For how long does the student have access to the education?

• How current are the strategies being taught? Is there proof?

• Relative to the cost, how long is the coaching? How many hours of one-on-one coaching?

• Will the student be provided with a virtual assistant?

• What peripheral costs are entailed in the program? For example, LLC, websites, 800 numbers, et cetera. What other additional costs might the student expect to pay/cover?

• What real estate investment qualifications does the coach have? If the coach is reticent to discuss this, then that might be a cue to not sign up with that particular coach/organization. Also, if the coach has a bad attitude, then you should reconsider using him/her.

• Research the coach on-line. Look at reviews. Check out Facebook, MySpace, YouTube, LinkedIn, et cetera. Also use these sources to review his/her profile. Hint: If the coach has less than five hundred contacts in their profile, then that could be proof of inexperience.

• What is the approximate turn-around time from the time the student signs up and follows all coaching instructions, to the time the student does his/her first deal?

• How many hours per day/week is the student required to invest?

• How are deals analyzed? Does the coach personally review them? How many exit strategies does the coach utilize per deal?

• What is the coach’s real estate investment specialty: wholesaling, fix and flip, buy and hold, et cetera?

• What real estate strategy are you expected to start with? Will this complement or go against your current financial situation?

• How much money is the student expected to have on hand to do his/her first real estate deal?

• If student does not make any money in say the first three months of the coaching, what is the next step? Will the current real estate investment strategy be changed or adjusted?

• What guarantees does the coach/organization provide?

• Is there a rescission period? What is it?

• Can the student do the coaching with his/her spouse or business partner at no additional cost?

With these points to consider, you should be well on your way to making the right decision as to your real estate investment education and coaching. I am sure that as you read through the points, they caused you to think of other questions that you might ask. Good.

All in all, I am very thankful that I have finally found an organization that is indeed the complete package for real estate investment education and coaching – and the price is right! Working with a team of experienced real estate investors does make a difference in performance and results! For more information please visit www.sell-buy-or-rent-to-own.com.