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10 Things Almost Everyone Forgets to Consider When Accepting A Job Offer

10 Things Almost Everyone Forgets to Consider When Accepting A Job Offer

The feeling is sensational. Euphoric. There’s nothing quite like it. For a few brief moments when that outstretched hand reaches toward you, you feel invincible, important, and untouchable. You’ve just been offered a new job.

It’s easy to get caught up in this moment, nod furiously, and clasp the hand opposite in an excited fit of appreciation. Someone wants your services and is willing to pay you for them – it’s no wonder you feel a little giddy.

But what else is this person really offering you? What sort of position will this new job put you in? There are several elements you really ought to consider before accepting the offer of a new job, and listed here are 10 typical things that pretty much everyone forgets to take into account when it comes to deciding whether to add that new company to your resume.

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1. Sacrifice

One of the main things that people really forget to take into account when it comes to accepting a new job is what they will realistically have to sacrifice in order to fulfil their new duties. A new role – whatever it may be – comes with new responsibilities, and it’s absolutely vital to make sure that you get a good idea of what the new position will involve and whether you can amend your social calendar accordingly. What will you have to give up in order to succeed? And is this really viable?

2. Environment

Meeting your fellow employees for the first time is always an uneasy, awkward experience. You may often feel like a spare part when you’re a newbie, and without the right people around you, you may end up feeling that way for the rest of your time in that position. Before you accept a job offer, ask to meet some of your new fellow employees. These are the people who you will be spending over forty hours a week with, so it’s absolutely essential that you’re amicable with them. Being in the wrong work environment is damaging for your career, your well-being, and even your mental health. Don’t take a leap of faith when you’re offered a new position – make a conscious effort to introduce yourself before you even accept the position. If your boss is a good one, they’ll be more than happy to let you.

3. Stability

Starting a new job isn’t much good if you end up walking out the door after a few weeks. When it comes to accepting a new position, make sure you are financially and contractually secure in every aspect. A lot of people never consider the prospect of being made redundant just a few weeks after starting their new job. After all, you’d have to be incredibly unlucky for it to happen to you, right? ‘Fraid not. There are several industries out there who are prone to making forced lay-offs, and no new job is ever 100% secure. Take the state of the current economy and financial climate into account before shaking hands, and do some independent research into the financial welfare of the firm you’re all set to become a part of. Can this company really afford you? And if so, for how long? Always make sure you’ve settled on stability before accepting a job; in writing too. Verbal contracts aren’t much use when redundancy hour rolls in.

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4. Your own lifestyle changes

Okay, so everyone takes salary into account when it comes to being offered a new job. In many people’s cases, it’s the motivational factor for applying for positions that otherwise seem somewhat mundane. But what a lot of people don’t take into consideration with regards to pay is whether this is enough to live on if circumstances were to change. There’s no problem with thinking about the “now”, but before accepting a job, you need to think about the future too. Life is spectacularly unpredictable, and just weeks after accepting a job that has a perfect pay rate for you to live on as a single person, it might no longer seem like such a healthy wage if a new partner and family are lying in wait around the corner. You can’t always plan when you’re going to fall in love and have a family, but you can plan which job you’ll take so that you have some insurance cash to fall back on if things turn chaotic around the corner. Don’t settle for stable living – look at the job offer and determine whether the pay rate will be enough to get you through more financially burdening times that might lie ahead.

5. Benefits

A lot of companies offer some great looking benefits on paper, and when you’re on the verge of accepting a new job at an exciting and well-established business firm at a young age, any benefits at all seem delightfully appealing. Whilst the word “benefits” does a great job of leaping off the page at you, in reality, it’s a word that can be startlingly misleading. Benefits may be exactly what they say on the tin, but are they necessarily right for you? When accepting a job offer, make sure you’re getting the type of benefits that you deserve and need in order to live comfortably.

6. Commuting

Sure, that commute from your place to your new work location looks completely doable on paper, but have you actually put it to the test? One of the biggest mistakes people can make before accepting a job offer is merely assume that travelling to work won’t be an issue. You can’t put your whole faith in interactive maps – the journey from your home location to your new place of work is something you have to complete for yourself in order to determine how long it will actually take you. Before accepting any new job offer, be sure to practice the commute route a couple of times, ideally during rush hour, to get a realistic sense of how long it will take you to reach work every day. Long journeys to your daily job will take their toll on your health and may even put your new career in jeopardy if you’re turning up late on a regular basis.

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7. Challenge

Many people consider their dream job to be getting money for sitting around with their feet up and a big ol’ glass of good wine in hand. Sounds blissful, doesn’t it? Unfortunately, the human mind wouldn’t take long to fall apart if we lived our lives like that every single day of the week. Our brains need stimulation and challenge for happiness and development, and you need to make sure that your prospective new position is going to offer you the kinds of challenges that will make you want to succeed and better yourself. It may not always feel like it, but challenge and a decent dose of hard work is actually extremely good for you. That’s why sitting around with your feet up and a big ol’ glass of good wine in hand feels so good when you actually find time for it: it’s because you’ve earned it.

8. Pride

Many people treat working as something that ought to be left at the office and never discussed outside of those four walls. But this is no way to live your life. Studies have shown that you can spend as much as 32% of your entire life at work. Ask yourself this: is it really worth having to dedicate almost a third of your total time on this planet to being bored and miserable? Before you accept a job offer, make sure it’s one that you can enjoy and be proud of. Something that you don’t mind getting up for, and something you can happily discuss without feeling nauseous.

9. Stress

Simply put: there is no perfect job on this planet. Every occupation comes with a certain degree of stress, and that’s just the way that life is. What you can do, however, is determine whether you will be able to realistically handle the amount of stress this new job might impose on your life, or whether it will leak into other areas and damage you completely. A lot of people who are offered a job that comes slapped with a warning sticker for stress usually dismiss the caution and claim they’ll be able to deal with it when the time comes. This is always a mistake. Before accepting any new job, sit down and look at what the position requires of you. Can you realistically achieve the targets set for you? Becoming wildly stressed will place a huge strain on your health as well as on your social life, so make sure that your new job is going to be something that’s both manageable and fun – not something that’s going to give you a heart attack.

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10. Opportunity 

What exactly does your new job offer you in terms of opportunities? Does it provide you with some juicy substance for you resumé? Will it allow you to gain knowledge and develop within a particular industry? Can it act as a stepping stone to greater things? These are all questions that you need to take into consideration when accepting a job offer, as it’s all too easy to see a nice wage scrawled down on paper and jump right in. A good job should open you up to other opportunities.

Featured photo credit: picjumbo Viktor Hanacek via picjumbo.com

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Gareth Lloyd

Freelance Writer

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Last Updated on May 15, 2019

10 Most Successful Entrepreneurs and What We Can Learn from Them

10 Most Successful Entrepreneurs and What We Can Learn from Them

Apart from making crucial decisions for their own businesses, entrepreneurs innovate and grow their ideas. Albeit there being no cookie-cutter answer that fits everyone’s experiences, taking a look at some of the most successful entrepreneurs today, you might spot some similar traits and characteristics.

Starting and nurturing a business entails a great amount of hard work and commitment. However, for aspiring entrepreneurs who are prepared to dedicate themselves to their vision, here are 10 most successful entrepreneurs you can learn from:

1. Melanie Perkins: Know Your Worth and Keep Trying

    Melanie Perkins founded Canva, a Sydney-based business valued at $1Billion having successfully raised a number of rounds of successful funding and boasting more than 10 Million users in 179 countries.[1]

    She told BBC that one of the biggest challenges she faced getting into the business was talking about her company’s accomplishments when she first got to Silicon Valley. She attributed this difficulty to a cultural difference where Australians tend to ‘talk down’ their achievements and this would slow down her fundraising progress for a few years.

    Despite hundreds of rejections, Melanie emerged three years later with a much clearer strategy and stronger investor pitch that prompted a series of fundraising rounds netting the company $82Million of funding in total.[2]

    2. Bill Gates: Keep Learning and Exploring

      If you don’t know Bill Gates, you likely know the company he founded – Microsoft.

      Bill Gates’ story is a prime example of nurturing an idea that might seem out of this world but make sense in the future. One of the most successful entrepreneurs in history did not complete his degree at Harvard University to pursue a vision that the technology would soon become the future.

      He told a white lie to Altair, saying that he had made a computer program for them, therefore pushing himself to create a system that would change modern history.

      “The most important speed issue is convincing everyone that the company’s survival depends on moving as fast as possible.”

      Gates’ success is built on self-improvement and the seeds of an idea.

      3. Elon Musk: Never Stop Innovating

        Traditional thinking suggests that in order to become a successful entrepreneur, one must focus in a single field or industry.

        Elon Musk, however, breaks that rule.

        Today, the multifaceted tech entrepreneur, investor, and engineer advocates for the diversification of skills and businesses by delving into various fields of interest.

        When done right, skills in a single domain can be carried over then applied into contrasting industries to create something new the world might need. Musk owes his accomplishments to a constant thirst for knowledge.

        Having birthed Tesla and a myriad of products across the arenas of aeronautics and software design, Musk continues to evolve as an entrepreneur and plans to innovate for the long haul.

        4. Richard Branson: Develop People First

          British entrepreneur Richard Branson founded Virgin Records in the early 1970s. Virgin Records has since grown into the Virgin Group, today responsible for over 400 companies.

          The billionaire is strongly particular about working with a team that shares his core values and aspirations.

          Branson believes that managing a business can become taxing, thus he acknowledges his employees for putting in the effort that they have.

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          A good leader knows how to raise morale for positive productivity. Utilising emotional intelligence and compassion is a game changer in seeing results within a team.

          Branson’s supports the idea of nurturing a positive work environment, with the belief that credentials must go hand-in-hand with an enthusiasm for work.

          5. Jeff Bezos: A Relentless Focus on Customer Satisfaction

            Having founded Amazon, Jeff Bezos is known to be one of America’s most successful entrepreneurs. The e-commerce pioneer fixates himself on angry customers with the belief that a business’s loopholes are found in the experiences of unsatisfied customers.

            For the 8th year in a row, customers have ranked Amazon as the number one in customer service (according to the American Customer Satisfaction Index).

            While numerous companies ignore unhappy customers, Bezos found success in learning from reviews and surveys. By focusing on customer service, Amazon shows they care, both for their customers and for rising above their competitors.

            While praise and recognition are signs that a business is accelerating, criticism is an opportunity to improve a product or a service.

            6. Mark Zuckerberg: Start Small, Think Big

              Valued at over 55 billion dollars today, Mark Zuckerberg built the first version of what would become a social networking giant in his Harvard University dorm room. As one of the world’s youngest entrepreneurs, Zuckerberg undoubtedly took countless calculated risks to get his brilliant idea to its current status with 2.38 billion active monthly users.

              “The biggest risk is not taking any risk.”

              He’s always daring to explore with a fearless mindset.

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              The young tech entrepreneur never shied away from innovating outside of the box. Soon after Facebook became a hit to users and advertisers, big corporations took interest in buying Facebook from Zuckerberg.

              However, he took the risk and decided to stay with his creation. Turning down billions of dollars offered by Yahoo CEO, Terry Semel, he envisioned turning his brainchild into something much bigger than what it already was then.

              7. Steve Jobs: Live Your Own Dreams

                Steve Jobs lived a rocky path all his life and an aspect of which is a tumultuous career.

                The founder of Apple endorsed his beliefs on the temporality of life and limitations of time. He preached about the importance of working on the very legacies people wish to leave behind, an achievement he’s undoubtedly etched into the the archives of human history.

                Never one to hide under someone’s shadow, Jobs did not live by anybody else’s principles so he formed his own. He tirelessly dedicated himself to building a unique brand of products that became the benchmark for contemporary technology.

                After his highs and lows through his brief battle with cancer, Jobs concludes with yet another lesson to takeaway from his remarkable life. “No matter how much money you have, even the richest man can’t buy time.”

                8. Warren Buffett: Balance is Essential to Success

                  Despite being the third wealthiest person in the world, Warrant Buffett sported a frugal lifestyle for most of his life.

                  After buying a house in Omaha, Nebraska for just above 31,000 dollars, he has lived there since 1958. As a leading investor and a founder at Berkshire Hathaway, Buffett believes in setting aside an amount to save and spend only on necessities.

                  With a long term goal as a top priority in mind always, treating oneself can be sustainable once in a while. He advices to save money by deciding first and foremost what aspects to scrimp on and what aspects to splurge on to ensure a happy and balanced lifestyle.

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                  9. Jack Ma: Never Give up

                    On every journey to success, everybody stumbles and arrives at roadblocks. Some more than most, like Jack Ma, who survived countless rejections and failures only to get back up and brave every storm.

                    Ma is the founder of multinational technology conglomerate Alibaba Group. Despite being rejected to Harvard after every one of his 10 applications, Ma was never defeated.

                    His grit and tenacity is a fine testament to the fact that grades do not determine a future. While qualifications on paper are important, the development of skills and an attitude is just as helpful in making a recipe for success.

                    Despite finding himself in the verge of bankruptcy in the 1990s, Jack Ma possessed the resilience to put one foot in front of the other until he finally made it. “It’s important to have patience,” he says.

                    10. Tan Min Liang: Passion Can Pay Off

                      Tan Min Liang is the founder of the leading high-performance gaming hardware, Razer. Always on the look out for new opportunities to connect and scale his business, Tan has been bold in making many of his life’s decisions.

                      Having deviated from a traditional path set by a family that consists of doctors and lawyers, Tan was to find his life’s work and passion while gaming with his older brother.

                      The idea was simple: there were so many games out there to play, however, there were hardly any gaming equipment to match this.

                      So he dropped out of law and began going a different direction, into creating solutions in the gaming industry. At the start of 2019, Tan wrote to tech luminary Elon Musk to which Musk’s reply suggested of a joint venture between two of the most successful entrepreneurs today.

                      Final Thoughts

                      In today’s cutthroat world, the road to becoming a successful entrepreneur is a long and arduous process trailed with ups and downs. A valuable lesson that a good hand of entrepreneurs would love to convey to aspiring entrepreneurs is to keep the spirit of innovation and to explore uncharted waters.

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                      Learning from experience and failure is one direction to a desired end goal. Exhibiting the same dedication and grit so many entrepreneurs have through their unexpected careers – today’s budding visionaries ought to hang on their dreams and leave room for improvement along the way.

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                      Featured photo credit: Patrick Tomasso via unsplash.com

                      Reference

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