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SeedlyTV S2E03

Keep my Job, Grow my Career. Live on Wednesday, 22 April 2020, 8pm

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SeedlyTV S2E03

Education

Career

Do you recommend studying overseas for Masters or MBA programs? How does it improve my employability in my career?
Mr. Risk Averse

Mr. Risk Averse

Level 4. Prodigy

Answered on 24 Aug 2020

The biggest benefit from joining these two MBA programs in my view is the opportunity to directly break into the fields of management consulting or investment banking at a top firm. - For breaking into other corporate roles (e.g. product management) or changing to a different sector, industry or even geography, usually, it's more "efficient" to go into a more similar role for 1-2 years and then switch over to your dream job - For breaking into the buy side (i.e. PE, VC and HF), it is very challenging to break in even without prior experience even if you do the MBA.
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SeedlyTV S2E03

Career

Family

Do you think it is a problem if I don't have dreams? I have no aspirations and all I want is to find a good job and earn enough to feed myself and my family. Can that be considered a dream?
Hello, I hope you're doing well amidst these times both physically and mentally. I've just started reading 7 habits of highly effective people. One of the analogy they used is to imagine you're attending a funeral, only to realise its your very own. There are 3 speakers who will share about their experiences and how you've lived your life: 1. Your spouse/family member, 2. A close friend, 3. A work associate. Now think about what you want them to describe you; your character, contributions and achievements. Once you think about those 3 things mentioned, you can start to centre your life around those principles and build goals and dreams to reach them. With this extended circuit breaker, theres more time to think about long term goals and dreams apart from finances. All the best!
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SeedlyTV S2E03

Career

I am in year 1 in business school and a lot of my friends are planning to go for internships during this summer break. Should I be doing that? Is there a need to?
Jacob

Jacob

Level 6. Master

Answered on 22 Apr 2020

Hi Anonymous, I guess ultimately you may wish to ask yourself what you wish to gain out of your 4 years in university. It could be to land yourself into a high paying job, or making a lot of networks in school, or trying out something new such as a new sports or dance or joining a new community organisation, or even picking up new skills (both hard and soft). The options are aplenty. And from there, slowly plan your advancement towards these goals. As a side note, there are also companies who offer winter and part-time (during term time if your schedule permits) internships, albeit these offerings are not in abundance. Hence if you really wish to dip your toes into many roles and industries, you may consider maximising these windows as well. Eventually, run your own race and do not be put off by what others are doing. You have invested a lot in your university education, so maximise the 4-year experience. This is possibly the last leg before you are officially a working adult. I can only wish you the best of luck in the journey ahead!
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SeedlyTV S2E03

Career

Family

I've stopped working since I had my last child 16 years ago. I'm a housewife. I am in my mid-50s now, would like to get a job to earn some cash but am scared as I'm not good with tech. Please help?
There are many schemes available NOW and very very substantial subsidies for 40 year old Singaporeans. If you have reached a stage where you are able to commit to 9-6pm workdays, then i would suggest taking a look at those schemes where employers are heavily subsidized to take you on and train you.
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SeedlyTV S2E03

Career

My growth is pretty stagnant in my job and I intend to leave soon. Is it true that companies are more unwilling to "wait" as my notice period is 3 months. Should I quit or secure a job first?
E

Edwin

Level 3. Wonderkid

Answered on 21 Jul 2020

Depend on your industry. If your industry is doing well and there are companies hiring, you can serve notice, send resumes and go for interviews at the same time. By placing fixed available date rather than 3 months' notice on your resume, the potential employers will know when you can join by the latest.
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SeedlyTV S2E03

Career

COVID-19

Is there such a thing as recession-proof jobs? i.e. a job that will never have pay or bonus cuts? If not, what should those in the recession-hit industry do, other than upgrade or take on part-time and temporary jobs?
I do think there are some recession-proof jobs. Here are some examples. - Medical Professionals - Mental Health Providers - Law Enforcement - Internet Professionals - Senior Care Providers - Pharmacists and Pharmacy Technicians - IT Staff - Teacher Besides those recession-proof jobs, there are some companies that are even thriving in this recession such as Fairprice Online, Foodpanda, Grab Food, Zoom, some grocery stores, online shopping platforms such as Amazon and a lot of other examples. If you are working for those companies in whatever major, you will feel safe. There are always some people who are suffering because of the recession and some people who are safe, not to say make even more money than normal. I don't what exact situation you are facing, so I cannot give you any deep recommendations, but here is a COVID-19 career resource that I found useful for myself and you may too.
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COVID-19

Career

SeedlyTV S2E03

Hi, I just got retrenched from my full-time job as a marketing executive. Should I continue to look for marketing related jobs, or should I focus my efforts on positions related to COVID-19 instead?
Hi Anon, I'd suggest transitioning to digital marketing and picking up copywriting and traffic buying skills for the mean time. Since footfall is dead, many traditional physical businesses have been trying to hire remote digital marketers to run online direct sale campaigns. Retail and F&B are desperately looking for talent. If income is an issue and you don't have savings to tide you through, pls take any job. But if you have the time, upgrade and look for niches that require your expertise.
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SeedlyTV S2E03

Family

Career

I am 33 now and my dream is to start my own business. As I am a sole bread-winner of the family, is it worth taking the risk to start my business?
F

Felicia

Level 3. Wonderkid

Answered on 22 Apr 2020

Hello there! If you do decide to start your own business, ensure that you've got a solid business plan and ensure it is not going to take too long to start being profitable. If possible, why not start it as a side hustle first? You will get an idea of how feasible it is or how long it will take for your business to take over your income. You may also want to do your income & expenses calculation to ensure you are not taking on more risk than necessary. Hope this helps! Feel free to ask me if you have more questions.
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SeedlyTV S2E03

COVID-19

Career

Should I attempt to change industry and job during a recession or downturn like the COVID 19?
Lim Qin Da

Lim Qin Da

Level 6. Master

Updated on 20 May 2020

Answer from our guest! Felicia: Would it be a push or pull factor? Is there something that interests you that makes you want to change industry? Because I wouldn't suggest changing industry just for the sake of changing - there has to be an area of interest and a driving force . Companies would be very careful on hiring in this period. If you have a secure job now, you should not make a rash decision. If you do make the move, make sure that you are very careful in analysing whether the company's industry/nature of business/current condition is able to withstand the recession . Nevertheless, there are still companies with a demand now and companies which are pivoting very quickly and shifting strategies. The government is also playing a part by giving support to companies, so it really helps them a lot. For more discussions on SeedlyTV S2E03, you could check out the video and Q&A here!
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