Five-Year Career Plan a Clear Vision Term Paper

Pages: 4 (1962 words)  ·  Bibliography Sources: 2  ·  File: .docx  ·  Level: College Senior  ·  Topic: Careers

Five-Year Career Plan

A clear vision, backed by definite plans, gives you a tremendous feeling of confidence and personal power. - Brian Tracy

Career Goals and Objectives

Over the next five years, I plan to remain in the sales arena either in my current position selling warranties or, hopefully, in my dream position of being the owner-manager of a sports bar. My current job selling automobile warranties has allowed me to pay for my living expenses and to pay for my education without taking out loans. Thus, I am extremely grateful for being able to have a position, especially in this economy, which has allowed me to live as well as follow my dreams. Since I possess strong people skills and persuasion skills and I enjoy finding ways to market a product, I feel that I could do a satisfactory job if I continued in the auto warranty business. However, my larger career goal is to open a sports bar and successfully run and operate it myself. In fact, this is more than just a "larger" goal, it is the dream that I've been hoping to follow for most of my life. Indeed, it would be relatively easy for me to continue working in the warranty business, but if I did that without at least striving toward achieving that which is in my heart I would be doing so at the expense of following my passion and my inner voice. One of my favorite business speakers on sales and marketing is Brian Tracy who provides this piece of guidance to the individual who might be afraid to either dream or to follow his/her dream(s):

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"The starting point of great success and achievement has always been the same. It is for you to dream big dreams. There is nothing more important, and nothing that works faster than for you to cast off your own limitations than for you to begin dreaming and fantasizing about the wonderful things that you can become, have, and do" (Tracy, n.d.).

I certainly hope that five years from now, I will be able to look back and feel proud that I casted off my limitations and dreamed big. Thus, I hope to have already opened my sports bar and recuperated a substantial amount of the money utilized to start up the business.

TOPIC: Term Paper on Five-Year Career Plan a Clear Vision, Backed Assignment

b. Possible promotional opportunities for career growth

In my present job selling automobile warranties, career growth comes in the form of increased sales and, hence, increased commissions. I work for two men who co-own the business. The business structure is such that there are two owners, an office manager, a sales manager, and sales people. I do not intend on owning the business nor do I intend upon taking on a more clerical or organizational role as office or sales manager. Thus, my future there would essentially keep me in the saleperson role; however, based upon my sales, I could take myself into higher and higher tax brackets. As such, there aren't "promotional" opportunities per se in terms of changing positions, but there is room for growth in terms of earnings potential. Several studies have shown that an increase in salary or even title will not compensate for a lack of interesting assignments. In fact, according to relevant business literature, if your career has hit an impasse, then better pay will not help with regard to job satisfaction; what you need is greater challenges at that point ("Can high salary buy job satisfaction?," 2006). In fact, I feel I've already hit that impasse which is why logistically my five-year plan necessarily includes the additional challenge of following my entrepreneurial dream.

c. Methods for career management

According to business writer Jenny Ho, there are key distinctions between a job search and career management. Specifically, a job search is a one-time momentary event undertaken when a job is lost or when the person has been laid off in order to obtain another job. On the other hand, career management involves the continual development of relationships over the long-term involving those we come in contact with on a daily basis in order to achieve ultimate business goals (Ho, 2009).

In the auto warranty business, I have established myself in terms of career management as I attend the car shows, I visit the dealerships, and I put on a yearly golf tournament. In fact, my relationships, I believe, provide the foundation for my success as a salesman. In the past three years since I started the charity golf tournament, we have not only raised money for local charities and business goodwill, we also generate new clients and please old ones in the process. For as long as I continue in the auto industry, I will continue to engage in these activities.

With regard to the sports bar, I have taken a few steps to begin the career management process. I had the opportunity to meet Guy from the Food Network's Diner's, Drive-in's and Dives television show. I have been very curious about his career path as I heard a rumor that he started out doing garlic fries out of a trailer at special events. I just had to ask him about this. He said, "Yes, I did that for many years and I still have trailers at special events and festivals selling garlic fries. That's how I made enough money to open my first restaurant, Tex Wasabe. It is from a trailer that I was able to follow my passion." He continued to explain that as long as you are willing to experiment, willing to dream, and willing to do the hard work, then you have a "chance" at success (G. Fieri, Personal Communication, September 8, 2008). I decided to follow in his foot-steps and invested in a small hot-dog trailer. I have done special events in a dozen towns for two years now and I have learned an invaluable amount about the food service industry and I have met restaurant owners from all over the state. I might be selling hot dogs, but in the process I'm doing more than just dealing in dogs, I'm gathering information and making contacts in different counties all around the state. Who would have ever thought of hot dogs as a means to career management? I plan to continue this strategy as well as to join the local Rotary club to help understand the business community in which I ultimately seek to join.

d. An inventory of current skills, abilities, training, and education

Presently, with specific regard to the sales arena, I have three years of experience selling auto warranties, one year of experience selling printers and copiers, and two years experience selling fitness equipment. One of my strongest skills is being able to understand a product and assess a person or a company and make the connection between the person/company and his/her/their need for that specific product. Additionally, I am currently finishing my undergraduate degree in which I have taken numerous courses which will help me to either understand the world of sales or help me in starting and managing my own resources (e.g., human behavior and human resources, psychology, economics, accounting, research, business writing, and statistics are all courses which I have taken and excelled in which relate to the skills needed both as an auto warranty salesman and a sports bar owner/manager).

e. Job satisfaction attributes

Throughout the world of business and the study of human management, job satisfaction is defined in a variety of ways. One of the more pragmatic definitions of job satisfaction is that it is the product of the events and conditions that people experience on their jobs (Brief, 1998, p.91). In Attitudes in and Around Organizations, Arthur P. Brief wrote: "If a person's work is interesting, her pay is fair, her promotional opportunities are good, her supervisor is supportive, and her coworkers are friendly, then a situational approach leads one to predict she is satisfied with her job" (Id.). With regard to my sales position, the work itself is not interesting and the promotional opportunities are not necessarily present; however, my coworkers are friendly and, as long as sales are up, my employers are supportive of me. Thus, it makes sense that I gauge my job satisfaction as adequate there; and, that I anticipate that my job satisfaction will likely stay the same or, possibly, diminish as a result of feeling like I need more of a sense of challenge should I remain there in five years. On the other hand, I foresee a greater sense of job satisfaction with being my own boss at a sports club; yet, I must admit there are a lot of unknown variables such as will the business actually make a profit? Will I find running a bar to be challenging? Will I be able to create an environment where people are friendly as well as supportive of one another so as to instill job satisfaction into all of the positions at the bar, including my own.… [END OF PREVIEW] . . . READ MORE

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