College Career Planning Orientation

1. College Career Planning Orientation

2. How Will You Spend the Next 40 Years?

3. What You Will Learn Today • How GlobalWorkplace Dynamics Will Affect You • Impact ofIndustryChoice • Impact ofCompanyChoice • Impact ofEarlyCareerDecisions • Your Best, Free Career ManagementResource

4. Quiz True or False? • Career choice is one of life’s most • important decisions. True • Selecting a career that matches your • interests, skills and values increase • your chance for success and happiness. True • Tools/resources are readily available • to make an informed career choice. True • Today, most students/parents use • these tools. False

5. Results “My son just graduated from college. He doesn’t have a clue what he wants to do. Maybe forensics. Maybe art.” “My daughter is a sophomore in college and she hates her major (accounting). She is changing majors, but doesn’t know what to choose. That means at least one more year of college that we cannot afford. “Now that I have a college degree, I need to think about a career. I majored in Marketing, but I’m not sure that’s what I want to do.” Today, 57% of 18-24 yr. olds in the U.S. live with their parents.

6. Motivate! • Empower!

7. A Different World

8. Internet Workplace Competition Free, Global Communication Outsourcing

9. “Internet”is a tool that is greatly • increasing consumers power. • Virtually free, “real-time”, global • communication has eliminated geographic • barriers to workplace competition. • Outsourcing has increased job mobility and • increased workplace competition.

10. Retire Early? Consider These Challenges • Few employers offer traditional “defined benefit” company pensions and the number is shrinking. In a March, 2005 Survey by Bureau of Labor Statistics only 22% of workers in private industry had access to “Defined Benefit” retirement programs. • Social Security’s future is uncertain. • Life expectancy continues to rise (49 yrs. in 1900 vs. 75 yrs. in 1990). You may live to be 90 or 100 years old. • Recently many household costs (i.e., housing, electricity, insurance, gas, health care) have risen much faster than family incomes. • Major obligations (e.g., kid’s college, parent care) place additional strain on financial resources and may limit savings.

11. Retire Early? Consider These Challenges • Future investment returns are generally expected to be much lower than the levels experienced in the recent past. Average returns for U.S. stocks exceeded 15% in the 1980’s & 1990’s. Future estimates vary, buy many analysts think average annual returns of 6-8% are more likely. According to the National Association of Realtors the median sale price of an existing house in Tampa Bay area climbed 30% in the past year. (vs. a national average of 4.4%/yr. during the past 20 yrs.) To be confident of not running out of money, you’ll likely need about $300,000 in appreciating assets (i.e., stocks, bonds, real estate) for every $10,000 per year you need to spend in retirement. Need to become a millionaire before retirement is viable.

12. To Maximize Your Chances To Succeed • Choose an occupation that “fits” your interests, • skills and values. • Choose Attractive Industries. • Choose the Best Companies. • Make Good Early Career Choices.

13. Attractive Industries • More Opportunities for Promotion • More Opportunities for Personal Growth • More Opportunities for $$$ • More Fun!

14. Best Companies • More Opportunities for Personal Development • More Opportunities for Advancement • More Opportunities for $$$ • More Pride! Be part of a Winning Team.

15. First “Job” – Important Decision • Impacts Future Opportunities • Characterized by Industry Experience • Characterized by Functional Experience • Many Applicants. Screened for Fit. Perception: You Are What You Have Done!

16. Your grandparents generation (Social Safety Net) • Worked for the same company. Retire at 65. • Full company pension w/health care. • Social Security • Enjoy retirement for 3-5 years, then died. • Your generation (On Your Own) • No Defined Pension plans. Fund your own healthcare. • Social Security is questionable. • Live to be 80 - 90 yrs. old.

17. Retire Early? To be confident of not running out of money, you’ll likely need about $300,000 in appreciating assets (i.e., stocks, bonds, real estate) for every $10,000 per year you need to spend in retirement. Need to become a millionaire before retirement is viable.

18. The Goal SHOULD NOT BE: “JUST GET INTO COLLEGE” SHOULD BE (in this order): 1) Select a career that “fits” my interests, values, and skills. 2) Select an education path that prepares me for this career. 3) Obtain the required education/training. 4) Choose an attractive industry and a “winning” company.

19. Why Care? Think about all the time the typical student invests in school (K-12). 14,000 Hours Multiple that amount of time by 600% That is the amount of time you will spend in …………. Your Career

20. Think about all the time the typical student invests in school (K- College). 18,000 Hours Multiple that amount of time by 500% That is the amount of time you will spend in …………. Your Career

21. Hours Invested

22. Comprehensive Career Management Tool Kit www.collegecareerlifeplanning.com • Quality: Best Content from the Best Sites • Comprehensive: One-Stop for Hundreds of Tools • Fast, Easy Access • No Clutter: No Ads. No Pop-ups. • No Hassle: No Log-ons. Nothing for Sale. • Unique Content: Get Motivated, Global Workplace, Presentations • for Students/Parents, Company/Industry Analysis and more! • No Cost: Absolutely Free!

23. Final Exam Your PRIMARY goal of college should be: • Party and have fun! B) Get a Degree C) Acquire “Marketable Skills” that increase your chance for Success & Happiness in an increasingly Competitive Global Workplace.