How Achievable The 6 Most Common New Year’s Resolutions Really Are

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With the holidays coming to a close, it’s time to get serious and set some New Year’s resolutions for 2018. Unfortunately, keeping those resolutions is often easier said than done.

In the spirit of setting achievable goals, we asked therapists to weigh in on six of the most common resolutions and grade them on a scale of 1-5 (with 1 being “very attainable” and 5 being “very difficult”). See what they had to say below.

1). LOSE WEIGHT
“Losing weight requires a fairly good understanding of nutrition and calorie intake. It also requires, rather uncomfortably, changing your diet and exercise ― two of your three most basic behavioral patterns (the other being sleep) ― and then maintaining those changes indefinitely. Before I was a psychologist, I worked as a personal trainer: You have to have structured goals and set attainable goal posts. Without structured goals, it’s my experience that people do well for two or three months, lose some weight, but then revert back to their previous lifestyle and gain the weight back throughout the year. Grade: 3/5.”—Ryan Kelly, a psychologist in Charlotte, North Carolina

2). GET ORGANIZED
“This is very achievable if you start small. Most people want to go from not taking any action to immediate results, which is unrealistic. Good habits are best built upon one another in small, easily achievable steps. If you want to get more organized, choose one tiny organizational skill you can do for five minutes a day until you’ve mastered it. For example, make it a goal to pick up your clothes from the floor each night before bed. It can be as simple as that. Grade: 1/5.”―Amanda Stemen, a therapist in Los Angeles, California

3). LEARN TO SAY ‘NO’
“Setting boundaries with others means understanding how to change patterns of people-pleasing. People often learn to say ‘yes’ when they’d rather not do something because in our culture, we’re rewarded for taking direction well in family and in work. Luckily, the pendulum is swinging where people are learning to practice taking care of their own needs. I recommend trusting your intuition when something feels right to you, and learning to stay grounded in your experience while still responding to the needs of others. If you’re bogged down at work before a vacation, say: ‘I hear that you need this work done by the deadline, but I also have time off scheduled and I’ll only get the most urgent things ready for the client before then. When I’m back, I’ll finish it.’ Grade: 3/5.”―Kari Carroll, a marriage and family therapist in Portland, Oregon

4). TRAVEL MORE
“Traveling is super easy to experience, and you don’t need a fancy trip to Indonesia like your friends on Instagram to escape the pressures of life and enjoy nature. Get creative and pay attention when others you know take excursions around your area. You can easily take day trips on the cheap to check out nearby towns, hikes, lakes, a resort pool or an obscure museum. Sometimes getting in the car and driving until you find something cool can be an adventure in and of itself. Grade: 1/5.”―Carroll

5). SPEND MORE TIME WITH FAMILY AND FRIENDS
“Post-holidays, you may have had more than enough of some people in your life. But if we’re not intentional about getting together, it will only happen when forced upon us by holidays or others. This one is very doable with some planning and intentionality to follow through. Get started by picking one person a month to reach out to, then be the one who initiates and plans the get together. Grade: 2/5.”―Kurt Smith, a therapist who specializes in counseling for men

6). LEARN A SKILL OR TAKE UP A NEW HOBBY
“As long as you’re not a perfectionist about this one, it’s achievable. I would phrase the goal as ‘time spent on a new hobby’ so it doesn’t feel like you haven’t made progress when you’ve practice tennis an hour a week and still miss the ball half the time months into it. I also think that trying new hobbies and skills is good because you may learn that you don’t actually enjoy the thing you thought you would. In that case, it’s better to switch and move onto something else. Grade: 3/5.”―Marie Land, a psychologist in Washington, D.C.

Read more from the Huffington Post here

New Land O’Lakes CEO Is First Openly Gay Woman To Head A Fortune 500 Company

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In a historic first, Land O’Lakes Inc. named an openly gay woman as its CEO last week.

Beth Ford, who previously served as the company’s chief operating officer, accepted the promotion on July 26. She will officially succeed longtime top executive Chris Policinski, who retired last month, at the Minnesota-based company on Aug. 1.

Ford, who has worked for Land O’Lakes since 2011, joins Apple’s Tim Cook and the Dow Chemical Company’s James “Jim” Fitterling as the third openly gay person to serve as the CEO of a Fortune 500 company. She is, however, the only woman in that group.

The 54-year-old Iowa native told CNN she was proud that her promotion had been deemed an important milestone by many LGBTQ rights advocates.

“I made a decision long ago to live an authentic life,” said Ford, whose resume includes stints at International Flavors and Fragrances, Mobil Corporation, PepsiCo and Pepsi Bottling Company and Scholastic. “If my being named CEO helps others do the same, that’s a wonderful moment.”

In a separate interview with Fortune, she added, “I think it must be really hard if you feel like you’re in a culture where you can’t be who you are. Work is hard enough, and then when you have to feel as though you can’t be who are, that’s got to be incredibly difficult.”

Continue onto the Huffington Post to read the complete article.

7 Things to Know if You’re Applying to a ‘Reach’ Position

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You spot your dream job, but it’s a reach — a reach beyond the next step in your career. It’s two steps or three steps or 10 steps removed from what your next job should be — and so, you stop just short of applying. But you should apply anyway. Why?

As career coach Hallie Crawford says, “Reaching is a way to grow as a professional and achieve new career goals”. Before you submit your and cover letter, however, there are at least seven things you should know about applying to a “reach” position. These insider tips and tricks will help you stand out from the crowd and score your dream job.

1. You’ll have to battle hiring managers’ assumptions.

It’s all but a fact: “Hiring managers will make assumptions based on your resume and cover letter,” warns millennial career expert Jill Jacinto. So, “It is your job to connect the dots for them before they place your resume in the no pile.” How can you do that? It’s easy, Jacinto promises. “Give them a clear understanding of not only why you are applying for this role but how your current skill set is a complement to the work that you will be doing,” she says.

2. Transferable skills will help you stand out in the right way.

You may not meet all the requirements of your dream job. But rather than focusing on what you’re missing, highlight the skills you have that will help you succeed in any position — and you’ll catch a recruiter’s attention in the best way, says Crawford. “Maybe you don’t have a specific qualification, but you’ve already been using the skills the qualification demands in another way,” she says. “Make those your star stories to show you’re up for the challenge.”

3. Hiring managers want people open to learning new skills.

You may believe it or not, but a willingness to learn what you don’t already know can be just as valuable as already having the knowledge when it comes to applying to a reach position. “Employers know that it will be almost impossible to find someone who can tick off all the boxes on their checklist,” Jacinto explains. “Instead, hiring managers are looking for people who are open to learning new skills.” In your application, “…highlighting the fact that you have been trained in other roles, have used new technology, or gone back to school to excel in a certain area helps show that you would be a good fit,” Jacinto says.

4. Sometimes it’s not what you know, but who you know.

Before you apply to a position that’s a couple of steps above your current pay grade, consider setting up an informational interview with someone who already has your dream job. “Find out what else is needed to be successful at that position besides the qualifications you are lacking, such as soft skills,” instructs Crawford, who adds that, “This will help you feel more confident in an interview [as well as help you] to showcase what you do bring to the table.”

5. You can’t avoid the fact this is a reach for you.

As much as you might like to do so, it’s not prudent to sweep the fact you’re “reaching” for this position under the rug. So, “Don’t hope that the hiring manager doesn’t notice that you don’t meet all of the qualifications, especially if they were listed in the job description,” says Crawford. Instead, be proactive and “bring up the fact you are aware that you don’t meet all of the qualifications on paper, but also that you are ready and able to take on the position.”

6. Some hiring managers don’t know what they want — until they meet you.

Don’t count yourself out just because you don’t meet all of the qualifications a job requires, encourages Jacinto. “Hiring managers often do not necessarily know 100% what they want in a candidate until the right one walks into the door,” she points out. So, “Use this as an opportunity to sell your background, skills, connections, enthusiasm, and references during your interview and within your cover letter.” And speaking of having references…

7. References really matter.

What you may lack in experience or previous job titles you can make up for with glowing references. “References are always important, but they’re especially important in this case,” says Crawford. “If a hiring manager is considering you despite your being underqualified, you want to make sure that your references will sing your praises.” Be sure to prepare a list in advance of your application, and don’t forget to reach out to each potential reference to make sure he or she is willing to provide a very positive review of your performance.

This article originally appeared on the Glassdoor.com

Why Women Should Invest and How to Get Started

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by Madison Blancaflor

Lately, women hear a lot about gaps: how to combat the gender pay gap, how to avoid a resumé gap when you take time off to raise children, whether or not a thigh gap matters (it doesn’t). One “gap” that isn’t discussed enough is the gender investing gap.

Women Are Less Likely to Invest Than Men, and That’s a Problem. According to Ellevest, an investment platform created by women for women, “of all the assets controlled by women, 71% is in cash – aka not invested.” Statistically, women are less likely to invest, and even those who do invest tend to wait until they are older to start.

Most women don’t think they know enough about investing to properly grow their savings; therefore, they wait to start investing until they feel they’re more financially stable and believe they can risk the possibility of losing money. A common misconception around investing is that you have to be an expert in the industry to succeed when the reality is that there are so many tools and resources that make easy to start investing with as little as your pocket change.

Why Should Every Woman Invest?

According to a study by Merrill Lynch, 41% of women wish they invested more of their money. But why is it such a necessary part of personal finance?

Financial Equality

First and foremost, it’s important for women to be able to achieve a sense of financial equality and independence. In the face of issues like the gender pay gap and the pink tax, investing is one of the best ways for women to ensure that they have the potential to accumulate the same amount of wealth as men.

“It’s important for women to be able to walk away from situations that are hurting or not serving them – whether that’s a bad job or a bad relationship,” comments Ellevest’s Susan Thompson. “You should be able to have your own financial power to make decisions that enable you to care for yourself.”

Reaching Financial Goals

Whether you are looking to go back to school, save up an emergency fund, send your kids to college, save up for a large spend like a house or wedding, or just grow your overall wealth, investing is arguably the best way to reach those goals.

Saving for Retirement

Women earn approximately 83 cents to every dollar a man earns, on average. That means that even if we’re saving the same percentage of our income as men, we’re not going to save the same amount. In addition, women also tend to live longer. Basically, less money has to last longer when women simply save their money without an investing strategy.

Many employers do a match on a 401(k) or similar retirement savings plan. If you’re unsure about whether or not investing is really a good option for you, enroll in your employer’s program and watch as your savings grow.

Why Is a Savings Account Alone Not Enough?

Cash that sits in a checking account, safety deposit box, or under the mattress is actually depreciating in value year-over-year because of inflation. That means you’re essentially losing money when you aren’t actively growing your savings.

Check out the chart below, and you can see that a solid investments strategy can help you grow your savings exponentially over the course of 10, 20, and 30 years.

Men are five times more likely to name investing as their number one financial goal, meaning that more men are achieving those exponential returns throughout their lifetime than women. Investing allows women to earn more money than a savings account alone, even with small monthly deposits.

How to “Invest Like A Woman”

Despite the stereotypical belief that we aren’t good investors, women actually tend to possess quite a few qualities that give us an edge in the market.

Kiplinger’s article on the secrets of women investors puts it perfectly: “Studies show that men are more inclined to behave like baseball sluggers, who swing for the fences, even if it means running the risk of striking out far more often. Women, by contrast, are more like contact hitters, who are satisfied with a string of singles.”

Because women approach risk differently, we’re less likely to see large swings in our portfolio values, meaning a steadier growth over time.

Studies have also found that women are:

  • Less likely to trade investments, which translates into almost a 1% higher increase in investment earnings per year than men (who trade 45% more frequently than women).
  • Long-term planners, meaning we focus on our specific growth goals rather than chasing risky returns that may end up costing us.
  • More likely to ask for financial help. Just because 60% of men think they are experts at investing does not mean they know everything there is to know about the market. Women being more willing to seek out trusted financial advice from experts in the industry give us more opportunities to grow our wealth.

So, how do you leverage these qualities in your investments strategy?

Choose a Strategy That Works for You

Not all investing strategies are created equal, and unfortunately, most of the “gender-neutral” investing tools available to the public ultimately hinder the potential earnings for women.

Ellevest released a side-by-side comparison of a retirement scenario where a man and a woman both started saving at 30 years old, earning $85,000, and investing 10% of their salaries over the course of 37 years.

The study found that because of the gender pay gap and the natural progression of women’s careers (our salaries tend to peak at 40 while men’s salaries tend to peak at 55, and women are much more likely to take long career breaks), the woman would have about $320,000 less by the time she retires based on average market returns. That means she’ll have less money to live off of even though she’s likely to live years longer than the man.

Take these differences into consideration when you’re defining your goals, retirement plan, and investment strategies.

Figure Out Budget Allocation

Experts suggest a 50/30/20 philosophy when allocating your budget. You should strive to keep your “needs” at 50 percent of your income – food, rent/mortgage, clothes, utilities, etc. Then, 30% should be dedicated to self-care. Have some fun, get a manicure, go out to eat with friends. Lastly, 20% should be saved or invested.

Figuring out how much you should invest vs. set aside in a short-term savings account comes down to how much risk you’re willing to undertake. Year over year, the market has been steadily rising, but that doesn’t mean that a return is guaranteed. The golden rule is to never invest more than you’re willing to lose, especially if you’re going after aggressive or volatile markets.

Once you decide, Susan Thompson suggests setting up automatic withdrawals each month, even if it’s only $20 a month.

“In our mind, investing should be a ritual like any other that we undertake,” said Thompson. “Make a habit of putting money back towards your future, even if it’s a small amount.”

Know the Basics

Even though you don’t have to be a stock market expert, knowing the basics can help you communicate your goals and understand what’s happening with your money.

Some of the different types of assets you can invest in:

Stocks. They represent a part ownership in a company or corporation, also known as business equity. Basically, when a company performs well, the stock tends to increase in value. Stocks tend to be more volatile investments, meaning they can give you a high return on your investment long-term but tend to have larger swings in value in the short-term.

Bonds. Also known as fixed-income investments, bonds are one of the most popular assets for conservative portfolios. While they tend to be more stable than stocks or other volatile investments, they also have a lower return potential.

Money Market Accounts. When investing in these types of accounts, you’re allowing the bank to make low-risk investments into certificates of deposit (CDs) or government securities. The best money market accounts are low-return, yet stable investment assets.

Real Estate. Property has a tendency to rise in value over time, and there is a subset of investors who specialize in transforming real estate investments into high returns.
Cryptocurrencies. Bitcoin and blockchain technologies are continuing to grow in popularity.

Conservative vs. Aggressive Investment Strategies

Investing and portfolio strategies are typically broken down into two main categories: aggressive and conservative. Aggressive strategies will put more money into stocks or other volatile markets such as cryptocurrencies. Conservative strategies will put more into bonds and money market accounts.

Aggressive investments typically get you a much higher return over time, but they’re also riskier. By contrast, conservative investments are more stable, but without the opportunity for the maximum return.

Your personal strategy can be a mix of both, and your strategy should ultimately be based on your financial goals, timeline, and risk tolerance.

If you’re looking at short-term financial goals such as saving up for a wedding or looking to pull together an emergency fund, a more conservative route will work best. This limits the risk of you losing money while still promising a good return.

However, if you’re looking to save for retirement over the course of 20 or 30 years, an aggressive strategy is going to get you the best return possible. While aggressive markets tend to fluctuate widely in the short term, the overall market trends upward an average of 10% each year. When you can afford to be patient in the market (something women are proven to be better at than men), an aggressive strategy can definitely pay off in your favor.

Also, remember that your investment strategy is not set in stone. As your financial goals change and as you get closer to when you plan on pulling money out of your investment accounts, it’s important to readjust your priorities and risk tolerance.

Choose the Right Investment Platform

If you don’t consider yourself an investment expert (and frankly, even if you do), getting professional help is a good idea. There are a lot of options out there for both the DIY-er and someone looking for one-on-one help. However, be careful about who you choose to trust with your money.

  1. Choose a fiduciary.

A fiduciary is a company or organization that is legally bound to do the right thing by their clients. Not all brokers or investment firms classify as a fiduciary, so make sure to ask before officially signing with anyone. If you find a great firm that isn’t a fiduciary, just make sure that they put client security and well-being above personal gain.

  1. Know their strategy.

Talk to any potential firms about their strategy for investments. Some firms craft personalized portfolios that you have a heavy hand in selecting. Others use a formula and automated system for choosing your investments. Every firm and platform is different, so make sure that the firm you choose uses a strategy that will work best for you.

For example, most robo-investment platforms use an investment algorithm that is based on a man’s salary projections and career lifetime, so they aren’t always the best choices for a personalized approach to fit a woman’s financial goals for the long-term.

  1. Consider your budget.

Take a serious look at the minimum balance requirements and fees for each platform or firm you’re considering. If you have a tighter budget, it will be worth it to find a platform or firm structured like Ellevest, where you can choose an account

  1. Trust your gut.

If you get an “off” feeling about a firm or platform that you’re considering, trust it. You are trusting a company with your financial future, and in order to do that, you have to trust that they are acting in your best interest. Take the time to find a platform or firm that serves you and your financial goals.

  1. Look for firms that support women.

While women investors are on the rise, there is still a gap between the number of men and women are in the investments market. Make sure you’re choosing a firm that will support your financial goals and understand the unique challenges that women face in the industry. Also take a look at the companies that these firms and platforms invest in. Are any of them led by women? Do they support women? While it may not immediately affect the return you get, choosing a firm or platform with a pro-women mindset will help us gain financial equality in the long-run.

Continue on to The Simple Dollar for the complete article

How This Mompreneur Turned A Tight Budget And Doubt Into A Successful Cotton Candy Business

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When we no longer fear failure, we often open ourselves up to our best ideas.

For Lucia Rios, the decision to become an entrepreneur was one of survival. Although she had never considered business ownership before, she needed something to do—a creative outlet, a place to funnel her attention as a mother with post-partum depression. So one day, she assessed her small budget like she would any family purchase and started to scheme up potential products. She ultimately decided on cotton candy. It required little overhead, had room for creativity and seemed, at the very least, an exciting change.

Now, a few years later, that side hustle has turned into Rios’ full-time gig, complete with facilities, staff and a long client list. Christened TWISTED, Rios’ business caters some of California’s largest events and partners with brands like USA Network. In this interview, Rios explores the growth of TWISTED, why she’s on a mission to increase Latina visibility in business ownership and the influences of motherhood on her new identity as an entrepreneur.

Jane Claire Hervey: How would you describe who you are and what do you do?

Lucia Rios: I am Lucia Rios-Hernandez, the sweet creator of TWISTED, a gourmet cotton candy company that caters events with live, on-the-spot-twisting, as well as pre-packaged, ready-to-eat treats. I am a mom of two kiddos, a wife, a daughter, a mom-prenuer, a feminist, a person of color and, somedays, Mary Poppins.

Hervey: TWISTED has significantly grown since its launch date. What have been some of your most exciting projects and/or clients over the last few years?

Rios: As corny as it sounds, each and every project and client has been amazing, and I don’t take any order or job for granted. I started this as a way to heal from my post-partum depression, as a way to be a better mother to my daughter and son, so each person that supports this business supports me through this journey. However, I will always—always—cheer on the network called WE ALL GROW LATINA. It was one of my first big events and it changed my life in more ways than one. I was able to get an understanding of what networking meant. I met many amazing women and mothers who have since become my  friends. I was able to get my first corporate client and many others since.

Continue onto Forbes to read the complete article.

How Shavone Charles Created Her Dream Job In Tech

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Shavone Charles holds many titles. From being a musician and artist to her role as Head of Global Music and Youth Culture Communications at Instagram and recent founder of a passion project, Magic in Her Melanin, Charles is undoubtedly known to her peers and the surrounding tech and entertainment industries as being a renaissance woman and connoisseur of culture.

The term, “Do It For The Culture”, according to the Urban Dictionary, is a statement requesting that someone carry out a specific action for benefit of their shared culture. Charles is doing just that with not only her work in Silicon Valley but for black creatives globally. With her deep Trinidadian roots, Charles is passionate about maintaining her self-identity while creating an environment of inclusivity for women of color in tech.

Before she was trailblazing a new path for future generations, millennials and black women in tech, or creating her own job title at multi-billion dollar companies like Twitter and Instagram, she was a San Diego native and first-generation college graduate from UC Merced, just trying to figure it out. Upon graduating in 2012, Charles snagged several high-profile entertainment and communications based internships at Google, BET Networks, Capitol Hill and The Department of Justice. Her big break happened when she was the presented with the opportunity to create her own role and title at Twitter.

At Twitter, Shavone established her niche career focus on culture-focused communications and social marketing, business partnerships and data analysis with a close lens on music, online communities and youth culture. Upon joining the Twitter team, Shavone created her own role, as the first person to join her team and head up the company’s global music and culture communications, with a focus on data, often working on efforts tied music partnerships and high-priority product launches and acquisitions (including Vine and Periscope). During her time at Twitter, Shavone also remotely oversaw all of the company’s communications efforts for Brazil and Canada out of San Francisco and employed a number of successful global culture-driven communications programs tied to major entertainment and consumer moments in market (including Rock In Rio, Brazil’s Fashion Week, Juno Awards and more). She led content management and curation for the official @TwitterMusic account and helped grow it by over 5 million followers, as result of social campaigns with talent and highlighting the best uses of Twitter and Vine in music.

In addition to launching PR and social campaigns, Charles had the unique opportunity to create the first-ever employee resource group for African-American employees, aptly named Twitter BlackBirds. Her role at Twitter, catapulted her into a new realm of visibility and influence, leading her to head up communications and culture at Instagram. Charles has always been intrigued by the notion of connecting diverse groups of people through social media and cultivating an accepting community for people to have the choice to share commonalities.

Technology has allowed the culture to be seen on a global scale, with creatives now at the forefront of the movement and art form. It’s not a “niche” community anymore and people are using the internet to build a community around their interests,” which she said at Forbes I.D.E.A Summit.

Continue onto Forbes to read the complete article.

How Can You Get Ahead in Your Career?

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Where would you like to be in one year? In five years? What experiences will help you achieve that? What interests and skills would you like to use in your career? Setting a career goal is about deciding where you want to head in your career and noting the steps needed to reach that point.

How to set goals

A popular acronym can help you write effective goals. Try the SMART system for your career goal.

Specific – Aim for a specific, concrete area for your goal or steps. For example, “make ten job search calls following up on my LinkedIn connections” vs. “make some networking connections.”

Measurable – To determine if your goal is measurable, ask questions such as: How much? How many? How will I know when it is accomplished?

Attainable – Goals are most attainable when steps are thought out clearly and allow enough time. How do you intend to accomplish your goal? Which actions follow on other actions? Is the goal realistic given where you’re starting from? It should be a challenge, but also achievable.

Relevant – A relevant goal is one that really matters to you and to the end result. Is it worthwhile? Is this the right time? Does your goal relate to other efforts or timelines? Does it require resources that are currently available?

Timely – A goal should be grounded within a defined time period, both for clarity and to give your action urgency. When do you want to begin? When do you want to complete each step?

What are examples of typical career goals?

  1. Increase professional knowledge and training. Whether taking a college class, a workshop offered by an employer, or getting a certification, this is a common goal. It can be useful if you are looking for work or are already employed.
  2. Increase earnings. Being underpaid often detracts from motivation and performance. Making changes to earn more increases enthusiasm for most jobs and motivates a job search.
  3. Improve low-functioning work processes or relationships. This goal area can make the daily work experience more positive and rewarding.
  4. Have new experiences. Whether volunteering in your community or at work, joining a professional association to meet new people in your field, or introducing yourself to people you never talk with, new experiences fuel interest in your career.
  5. Attain a leadership role. Many people feel their ultimate goal is to lead in their career or organization. Establishing the steps to achieve a leadership role makes it possible.

Tips to achieve your goal

  • Write down the steps. Write down your career goal and the steps to get there. This will help you remember and achieve each step. Post your list where you will see it often.
  • Set deadlines. Give yourself a date to complete your goals by. Write the date when you actually finish each step.
  • Reward yourself. Taking steps toward goals is hard work. Think of small rewards to give yourself when you complete any step, to help you stay motivated.
  • Have a goal partner. Find someone to help you stick to your plan: a friend, co-worker, a job coach, or someone else. Discuss your goals and check in with them when you complete steps. If possible, do the same for your partner!

Source: careeronestop.org

 

We’re Loving It: Meet The Youngest Black Woman To Own A McDonald’s Franchise

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Jade Colin is making waves in the restaurant franchise business as McDonald’s youngest black woman to own one of the popular fast food eateries.

No doubt an impressive feat, the New Orleans native has been preparing to run her own business for years. In 2010, her parents purchased their first McDonald’s. She began working in her family’s restaurants in 2012, after graduating from the University of Louisiana at Lafayette with a bachelors in Business Management.

The next step in her journey towards owning her own was joining the Next Generation program. The program helps train children of McDonald’s franchise owners in hopes of one day running their parents’ investments, or franchising a new store themselves. Uniquely, a parent can’t simply pass their franchise down to their kids; they have to go through a process where they’re accepted to take it over, or, like Colin, start their own.

Colin excelled in the program, receiving the Outstanding Restaurant Manager of the Year Award for her region, as well as the Ray Kroc Award, which recognizes the top one percent of restaurant managers in the country.

In 2016, Colin opened her first McDonald’s location, marking her as McDonald’s youngest black franchise owner, at 26 years old.

Now 28, and still McDonald’s youngest black franchise owner, Colin is thinking long term when talking about being black and running your own business. Speaking to The Black Professional, the millennial franchisee said, “As an African American community, we need more men and women to know it’s not just about right now, but it’s about the generations to come.”

Continue onto Blavity to read the complete article.

Stacy Brown-Philpot of TaskRabbit on Being a Black Woman in Silicon Valley

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The Detroit native studied at Penn and Stanford, worked for Goldman and Google, and now runs the gig economy pioneer that Ikea acquired in 2017.

Stacy Brown-Philpot didn’t grow up aspiring to be the chief executive of a technology company. Instead, she wanted to be an accountant.

While interning at an accounting firm in the 1990s, Ms. Brown-Philpot — who was raised by her mother in Detroit — worked for a partner who happened to be African-American. “I was like, ‘OK, there’s a black person who is a partner at this firm. This is something that I can accomplish.’”

But as Ms. Brown-Philpot acquired more experience and education, her ambitions grew, too. She graduated from the University of Pennsylvania’s Wharton School of Business in 1997, did a stint as an accountant at PricewaterhouseCoopers, then became an investment banker at Goldman Sachs in 1999.

She went back to college to get her graduate degree from Stanford University’s Graduate School of Business, then in 2003 joined Google, where Sheryl Sandberg became a mentor. At Google, Ms. Brown-Philpot assumed a series of leadership roles and founded the Black Googlers Network, an employee resource group.

After nine years at Google, she joined TaskRabbit — which lets people hire freelancers for odd jobs — as chief operating officer. She became chief executive in 2016, and last year, she sold the company to Ikea, the Swedish furniture giant.

This interview, which was condensed and edited for clarity, was conducted at TaskRabbit headquarters in San Francisco.

Tell me about your upbringing.

I grew up on the West Side of Detroit. My mom raised my brother and me by herself. We didn’t have a lot. My mother worked a job that didn’t pay a whole lot of money, so she had to make a lot of sacrifices. But she prioritized education. She would fall asleep helping us with our homework at night. She always taught us that no one can take your learning away from you. And with that, you can go anywhere and do anything.

So I focused on getting good grades. I wasn’t always a popular kid. I didn’t have the best clothes. But I was a smart kid. It’s cool to be smart in Silicon Valley. It’s not cool to be smart on the West Side of Detroit.

What was your first job?

I had a paper route with my brother. I would help him collect the money. I was like the C.F.O. of that operation, making sure we got paid.

And then you went to Penn.

I had no idea what an Ivy League school was. I was a fish out of water. My high school was 98 percent black. Penn was 6 percent black. So I had to find community. I had to figure out how was I going to succeed in this environment where most people don’t look like me, and don’t come from where I came from.

So where’d you find community?

There was a black college house. I didn’t live there. I would just go over there and spend time just sitting around with people that, you know, ate collard greens and fried chicken, just like I did growing up. It just made it safer for me and more confident for me to walk into a classroom and know I knew the answers and speak up.

Continue onto the New York Times to read the complete article.

Top 5 Highest Paying Government Jobs

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woman job searching online

Government jobs offer stability, reasonably normal hours, many benefits and retirement packages. But, many people don’t realize that it offers are many high-paying jobs. See below for the top 5 jobs that pay a high salary.

1 Astronomer

Astronomy is a relatively small field, with about 6,000 professional astronomers in the United States. With a median annual salary of $108,681 a year, you can find them working for the Army, Air Force, and NASA.

2 Criminal Investigator

The projected growth rate for a criminal investigator is 18 percent. With an average base pay of $92,911 a year, criminal investigators work for the Department of Homeland Security, Department of Justice and the Army.

3 Microbiologist

Microbiologists earn an average of $87,500 a year, with an estimated increase of about 9 percent, and government agencies will be hiring about 8,000 new employees.  Microbiologists can be found at the Centers for Disease Control and Prevention, Food and Drug Administration, U.S. Agricultural Research Service, and the U.S. Department of Veterans Affairs.

4 Chaplain

This field is continuing to grow, and government chaplains earn an average $73,500 a year. You will find chaplains being hired at the Veterans Health Administration, Bureau of Prisons/Federal Prison System, Office Secretary Health and Human Services, and the National Institutes of Health.

5 Correctional Officer

Correctional officers on average make $47, 000 a year. A total of 26,000 new correctional officer jobs are expected to become available by 2020. Most of these are likely to be found at the Bureau of Prisons/Federal Prison System and the Bureau of Indian Affairs. Most correctional officer jobs only require a high school diploma, but other employers, such as the U.S. Bureau of Prisons, require at least a bachelor’s degree.

Sources: glassdoor.com, financeandcareer.com, salary.com, federalpay.org

Sarah Guo breaks through at Greylock, becoming one of the first female general partners in the firm’s 53-year history

LinkedIn

Sarah Guo  didn’t necessarily set out to become a venture capitalist. She certainly didn’t imagine she would become one of the first female general partners at one of the oldest venture firms in the country. Yet Guo is both of these things today. Indeed, the venture firm Greylock Partners, which Guo joined five years ago as a principal, is announcing her promotion this morning.

Greylock, which closed its current (15th) fund with $1 billion in October 2016, now has eight general partners and four venture partners altogether.

For Guo, the appointment caps a lifetime spent in the world of startups. Before joining Greylock, she worked as an analyst at Goldman Sachs, where she led much of the bank’s coverage of business-to-business tech companies and advised public clients, including Twitter, Netflix, Zynga and Nvidia.

A graduate (for both her undergraduate degree and MBA) of the University of Pennsylvania, Guo also worked previously at Casa Systems, a 15-year-old tech company that develops a software-centric networking platform for cable and mobile service providers and that — in a twist that we think is pretty neat — was founded by her parents. (Her father, CEO Jerry Guo, took the company public earlier this year.)

In a conversation earlier this week, Guo said that growing up around entrepreneurship gave her an “understanding of how difficult” starting a company truly is. It also occurred to her early on that “something related to company building was what I wanted to do in the future.”

Guo also said that not much will change with her promotion. Broadly speaking, she focuses on B2B applications and infrastructure, cybersecurity, AI, AR and healthcare. She already sits on the boards of several companies, including the security startup Obsidian, which was founded by ex-Cylance and Carbon Black execs last year and quickly raised $9.5 million, led by Greylock.

She said she does hope to mentor more up-and-coming investors like herself, however.

Continue onto TechCrunch to read the complete article.