Saturday, April 12, 2014

How to create the best job hunt portfolio that gets you the max return?


Hunting for a job in this tense environment requires a lot of techniques, the most important one is diversification.
The new theory of portfolio management relies on diversifying the investor’s money in different types of asset classes based on the investor’s risk and return profile. Smart job hunters must unitize this important concept in order to get the best return in the market and beat their benchmark (other candidate in their field)
That’s been said, how do you achieve this? And where else we can invest? And how do we allocate our resources?
For job seekers time is the single most important recourse and mainly spend on the internet looking for open vacancies on career sites, so why we just allocate our time effectively to get the return that we want in a timely manner.

Set your goals:
Landing your dream job is everyone’s goal, so make sure to know it and to list out several targeted titles and targeted firms in your field. Determining your career level is also an important, C.V and cover letter is a must.   

Create your customize portfolio:
Here are some ideas; newspaper (for local hiring and entry level), cold calls, cold emails and informational interviews for higher level, LinkedIn and career sites, companies website, onsite visits (for small business and boutiques, not efficient for banks and big companies), job fairs and careers advisers (if you are a student)    

Allocate your time:
If you are full-time job seek then you should start your day as early as possible, I would start with the newspaper (the earliest the better) don’t spend more than 2 hours on this one, then move on to Linkedin and cold email especially if you are reaching out to MD and higher level people because as they arrive to work they get so busy and they tend to ignore random emails and stranger’s requests. If you have any upcoming interviews/informational interviews or phone calls now it’s good time to practice if not try to take a walk or work out for a bit. Afterword start calling recruiters and staffing agencies, and reach out to HRs and hunt opening jobs on LinkedIn and career sites up to 4 hours. If you are planning to visit any companies or cold call hiring managers afternoon is a good time to do so trying to make it in the middle of the week not the first business day and not the last one, as people are moody and busy and they don't have time to talk to you about your career and they will do anything to get you off the phone. At the evening, start educating yourself read about your industry and any interesting articles that could help you with your job hunt (like this one) participate in discussions and etc. at night, write down any progress and list the company/people that you applied for/talked to, and finally set a quick plan for the next day.     

Manage your new portfolio and revise your strategy if needed:
Keep track of each part of this strategy and see which one is yielding the most result, use interviews and new connections as measurements, revised and relocated as needed.

At the end, this article is a goldmine from my own experience, please don't hesitate to reach out to me with any questions or advices @ majddola@gmail.com or via LinkedIn, I promise to get back to you within one day.

Best luck to all of you.

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