Legal Specialties

Legal SpecialtiesLegal Specialties

New data reveals this state has the most millionaires per capita

New data reveals this state has the fruchtwein 1000000aires per capitaNew data reveals this state has the most millionaires per capitaAccording to Phoenix Marketing Internationals annual Phoenix Wealth Affluent Monitor survey, the Garden State houses the most millionaires per capita-a distinction Maryland previously held since 2010.Additionally, the report revealed that the 7% increase in millionaire households that occurred last year (7.7 million) is the sharpest surge in growth in a decade.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreDavid Thompson, who is the managing director for the report believes an overall steadily increasing capital growth has boosted most individual states considerably. Seven percent rise in millionaire households in 2018 is the strongest rate of growth in that market since the financial downturn ten years ago, he said.With a ratio of 8.95% millionaires to househo lds, Jersey helms the list just ahead of The District of Columbia. The bottom four spots got awarded to Kentucky, Arkansas, West Virginia, and Mississippi respectively (the hospitality state coming in with a meager ratio of 3.68).States with more room for millionairesThough Washington didnt get the top spot it did experience the biggest increase in millionaire household ratios, making it number 2 as previously stated with a ratio of 8.94.Wyoming experienced the biggest drop since 2017, falling eight spots to number 24.America houses 8.6 million millionaires. Behind the United States are China with 1.8 million, Japan with 1.6 million, Germany with 1 million and England with 9,000.Finance, manufacturing, and tech are the professions that account for the majority of millionaires in the US.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily sc hedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people

How Cold Calling Fits into a Job-Search Strategy

How Cold Calling Fits into a Job-Search StrategyHow Cold Calling Fits into a Job-Search StrategyCold calling works, but only if you do it right.When it comes to selling, its tough to make a cold call especially when youre selling yourself to a potential employer. Cold calling combines the usual discomfort of making an unsolicited contact with the high anxiety of job hunting. So why even try?Because cold calling produces results but only if you can give at least as much as you get, right from the abflug.If you can demonstrate value and consideration for their needs and time constraints, a cold call canCommand the attention of hiring decision makersInitiate new strategic networking contactsObtain vital information from companies to support a job-search campaign.Over 70 percent of executive placements are made through networking, personal introductions and referrals. Cold calling is a very effective way of expanding your business-contacts database and getting you in touch with connect ed peers. This is not about instant results, scheduling an immediate job interview, or getting your resume read its about making connections for the long term.And in a tight market, cultivating new connections is a great a technique for accessing unadvertised jobs.After layoffs, for example, companies may be reluctant to announce they are hiring. At those moments, an inside tip is often the only way to learn about opportunities.Even if there isnt a good fit immediately, an informational call can be a way for you to get your name on the appropriate hiring managers radar screen and remain there through regular pings. Approached with courtesy, an unsolicited inquiry demonstrates your initiative and sincere interest in a particular organization, and periodic follow-up reinforces this interest and shows persistence.Here are some tactics to maximize cold-calling results and expedite an executive job search1. Offer social currency, not just job inquiries.Be prepared to provide some informa tion of value based on your own research. Often, asking for information or conducting industry research is less threatening to an employer than asking directly about openings. An immediate request of this sort puts the person youve called on the spot or may just produce a quick, We are not hiring. Goodbye. That knocks out your chances for an ongoing connection to future job leads. Try to make this a two-way, mutually gratifying exchange.2. Propose a contribution do not ask for a favor.Remember you are the one making the approach be polite and respectful. At the same time, approach cold-calling activities as an exchange among equals, not as a subordinate. You arent asking for a job, youre proposing to make a measurable contribution for your mutual success.3. Target a company, not just an industry.Choose one company your research shows can benefit from your skills and knowledge. Match your background to the companys industry, your interests to its apparent strategy, and your talents t o a challenge you can identify and achieve. The closer you fit the profile of an ideal candidate, the easier it will be to sell yourself.4. Connect with the functional manager, not just HR.Initiate contact with an appropriate company representative. This means finding someone in a functional or operational role who will quickly assess your capabilities and recognize your value to the organization. Remember, a focused inquiry will yield focused results, so make sure you get to the contacts direct extension.Dont be discouraged if you dont get immediate results. Think of the time involved as an investment. Rome wasnt built in a day it takes patience to find the right person with whom you have something in common both professionally and personally.I always say, Its not what you know or whom you know, but who knows what you know This is the key to having a job find you. The more hiring decision makers who appreciate your contribution, the better the odds that you will land a new job fast er. Its up to you to promote your interest.How do you get in the door to start such a dialogue? Call at a time convenient for your contact and communicate a value-driven message showing how you can address their challenges. Youll find that cold calling isnt such a cold prospect at all but a very hot way to find a job today.