1. Career Impact on Income Career: Lifetime journey of building and applying skills, knowledge, and experiences in paid employment positions

2. Questions to Answer  What are the parts to a Résumé?  How does the career you choose affect your income?  What employee characteristics are important to an employer?  How do education and training affect your salary?  What is an entrepreneur?

3. Parts to a Résumé  Contact Information  Header should include:  Your Name  Address (Current if away, and Permanent)  Phone Number (Home and Cell)  Email Address  Job Objective  May be optional:  Shows employers the direction you want to go, your work preferences and serves as a focal point for employers to review and analyze your résumé

4. Parts to a Résumé  Education  Degree(s), including where and when you graduated  Make sure to use official names of degrees and schools  Major, minor or concentration  Use official names  Certifications  Academic awards and honors  GPA only if it is strong  3.0 or higher

5. Parts to a Résumé  Employment History  List in chronological order the positions you have held  Names and locations of employers  Dates employed  List of responsibilities, significant contributions and demonstrated transferable skills  Use active verbs and be brief as possible  http://careercenter.umich.edu/article/re sume-action-words

6. Parts to a Résumé  Skills & Abilities  With the advance of technology, should include knowledge of computer programs (Microsoft Office and Adobe), hardware, software, database knowledge, and Internet functions  Foreign Languages  Musical Talent  Writing Skills

7. Parts to a Résumé  Activities & Honors  Campus or community awards and honors  Athletics  Clubs or student government  Leadership roles  If too many, choose the ones that have strongest connection to the type of job you seek  Don’t pad with organizations joined “in name only”, employers may ask about involvement during interview

8. Parts to a Résumé  References  Simply indicate that references are “Available Upon Request”.  Have at least 3 people who can serve as your references  Ask in advance for permission to use them as references  Use faculty and employers, not personal acquaintances  Do not include their names, address or phone numbers on the résumé  Have that information on separate document or wait until employer requests references

10. Earning Power  Earning power is the ability to earn money in exchange for work. How much you earn depends on the value of your skills in the marketplace.  An individual’s value as a worker – the wage or salary received for a specific job – is related to the skill level and education of the worker, the demand for that work in society, and the availability of qualified workers.

11. Earning Power  Generally, in our society, people with higher education and more skills earn more money on the job than those with less education and fewer skills.

12. College: Pathway to Success and a Better Life  College opens doors to opportunity and expands your horizons. You will experience new points of view.  Graduating from college will be a source of pride because it is a great accomplishment.  You get to follow your dreams and determine your future!

13. Value of Education Median Annual Wage 2012

14. College Required for a Better Job  All of the highest paying jobs require a college degree.  Jobs for college graduates include better benefits, such as health insurance and retirement plans.  College graduates have half the unemployment rates of high school graduates and better job security.  There are many more jobs available for college graduates than high school graduates.

15. College = Lower Unemployment Rates

16. College Helps You Help Your Family  You will be able to support your family with a larger salary.  You will pave the way for your brothers and sisters and other relatives to go to college.  You will be able to help your children with their homework and give them a better life. As a result, they will be more likely to attend college.

17. Famous College Graduates   Kareem Abdul-Jabbar – UCLA   Bill Clinton – Georgetown   Hillary Clinton – Wellesley   Bill Cosby – Temple University   Gloria Estefan – Univ. of Miami   Jodie Foster – Yale   Louis Gossett, Jr. – NYU   Hugh Hefner – Univ. of Illinois   Magic Johnson – Michigan St.   Tommy Lee Jones – Harvard   John F. Kennedy – Harvard   Martin Luther King Jr. – BU   Spike Lee – Morehouse, NYU   Jay Leno – Emerson College   David Letterman – Ball State   Bill Nye – Bridgewater State   Shaquille O'Neal – LSU   Barack Obama – Occidental   Natalie Portman – Harvard   Colin Powell – CUNY, GWU   Ronald Reagan – Eureka   J. K. Rowling – Univ. of Exeter   Sonia Sotomayor – Princeton   Julia Stiles – Columbia   Sigourney Weaver – Stanford   Oprah Winfrey – Tenn. State

18. How Do You Pay for College?  529 Savings Plan  Student financial aid helps you pay the college bills  Five types of student financial aid  Scholarships are about more than just $  How do you find scholarships?  How do you apply for scholarships?  How do you apply for need-based aid?  Pitfalls: Beware of scholarship scams!

19. 529 College Saving Plan  A 529 plan is a tax-advantaged college savings plan created to encourage saving for future education expenses  Two types of plans:  Prepaid  College Savings  Utah Educational Savings Plan (UESP)  Established by Utah State Legislature  Administered by Utah State Board of Regents  Is a nonprofit trust savings plan  Open to residents and nonresidents  Money withdrawn for education expenses are exempt from federal and Utah state income taxes

20. 529 College Saving Plan  Funds can be used for expenses such as:  Tuition and fees  Books, supplies, and equipment for enrollment or attendance  Room and board for students who are enrolled at least half-time  Funds can be used at any in-state or out-of- state:  College  University  Technical School  Everyone is eligible to take advantage of a 529 plan, there is no age restriction

21. Student Financial Aid Pays the Bills  College isn’t as expensive as you might think.  There’s a lot of money available to help you pay for college.  Student financial aid will help you bridge the gap between college costs and what you and your family can afford to pay.  Student aid includes money from the federal and state government, money from the colleges themselves, and scholarships from foundations, private organizations and companies.

22. Five Types of Student Financial Aid  Gift aid, such as grants and scholarships, which is free money that does not need to be repaid.  Student employment, such as part-time work-study jobs, which lets you earn as you learn.  Student loans, which is money that is repaid over several years, usually with interest.  Education tax benefits, such as the Hope Scholarship tax credit, which is money you get by filing a federal income tax return, even if you don’t owe any taxes.  Military student aid, such as ROTC and the GI Bill, where you earn money for your education in exchange for service in the United States Armed Forces.

23. More Than Just Money  The organizations that award scholarships are focused on more than just giving away money.  They want to eliminate barriers to college success.  Many try to build a community of their scholarship recipients. You will meet people just like yourself and make lifelong friends.You will meet people just like yourself and make lifelong friends. You get someone to talk to, someone you can trust.You get someone to talk to, someone you can trust.

24. How Do You Find Scholarships?  Use a free online scholarship match service like www.FastWeb.com. It takes only half an hour. www.FastWeb.com  The site matches your personal background characteristics against a very large database of scholarships, so you will see only those scholarships for which you are qualified.  The FastWeb database is updated daily, with automatic email notification of new awards that match your profile.  The FastWeb site also provides a lot of news, information and advice.

25. Other Ways of Finding Scholarships  The guidance counselor, Mrs. Selleneit, in the Career Center posts information about scholarships in her office or on the school web site.  Some guidance counselors publicize scholarships in the school bulletin or distribute scholarship booklets.  You can also find scholarships in books in your local public library or bookstore.  MonsterCollege (www.college.monster.com) lists internships and part-time/entry-level jobs as another source of money for college. www.college.monster.com

26. Start Searching for Scholarships Now  Start searching for scholarships as soon as possible.  There are scholarships with deadlines throughout the year, so the sooner you start searching, the more scholarships you will find.  There are even scholarships for children in the grades K-8 in addition to scholarships for high school students in grades 9-12.  You can continue searching for scholarships after you are enrolled in college.

27. How Do You Apply for Scholarships?  After you locate the scholarships, you will need to submit an application to each scholarship. Many scholarships require short essays, letters of recommendation and high school transcripts.Many scholarships require short essays, letters of recommendation and high school transcripts. If you become a finalist, some scholarships will conduct an in-person or telephone interview.If you become a finalist, some scholarships will conduct an in-person or telephone interview.  If you win the scholarship, the sponsor will hold the money until you have enrolled in college. They will then send a check to you and/or to the college to help you with your college costs.

28. Don’t Lose Your Scholarship  Some scholarships are renewable, which means you get money every year you are in college.  Often, you will need to get good grades to keep the scholarship and send a short progress report to the sponsor once a year.  You might also need to get involved in community service or other activities.

29. How Do You Apply for Need-Based Aid?  Submit the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov to apply for need-based grants, loans and work-study. www.fafsa.ed.gov  The FAFSA is used to calculate your “expected family contribution” or EFC, a measure of your family’s annual ability to pay for college. A lower EFC makes you eligible to receive more need-based financial aid, such as the Federal Pell Grant.A lower EFC makes you eligible to receive more need-based financial aid, such as the Federal Pell Grant. Financial Need = Cost of Attendance – EFCFinancial Need = Cost of Attendance – EFC Students with a lower EFC qualify for more financial aid.Students with a lower EFC qualify for more financial aid. Students with a zero EFC (mostly students with family income less than $30,000) have full financial need and qualify for even more financial aid to help pay for school.Students with a zero EFC (mostly students with family income less than $30,000) have full financial need and qualify for even more financial aid to help pay for school.

30. Beware of Scholarship Scams  Beware of scholarships that charge any kind of an application fee, even if it is just a few dollars. Don't invest more than a postage stamp for information about scholarships or to apply for scholarships.Don't invest more than a postage stamp for information about scholarships or to apply for scholarships. If you have to pay money to get money it’s probably a scam.If you have to pay money to get money it’s probably a scam. Don’t give out your Social Security number, bank account number, credit card number or debit card number to any scholarship providers.Don’t give out your Social Security number, bank account number, credit card number or debit card number to any scholarship providers.  Nobody can guarantee that you will win a scholarship.  The 3 P’s of Higher Education Worksheets

31. Knowledge VS Skill  Knowledge refers to learning concepts, principles and information regarding a particular subject(s) through books, media, encyclopedias, and academic institutions  Skill refers to the ability of using that information and applying it to perform a task and get results  Trial and error add to your skills  Certain skills may come naturally  Knowledge is intangible but skills are tangible  Both knowledge and skill is required to master a field of study

32. What Skills Do Employers Want  Everyone talks about transferable skills, but what are they and what do they mean?  People skills  Self-Reliance skills  Generalist skills Skills Flash Cards and Diamond Ranking Template

33. Career, Job or Occupation? Career, Job or Occupation? On a sheet of paper, list the characteristics of a career, the characteristics of a job and the characteristics of an occupation. Compare with others around you. Do the answers from others change your mind? Why?

34. Career, Job or Occupation?  Definitions:  Job: Paid position of regular employment  Career: An occupation undertaken for a significant period of a person’s life, building skills, knowledge, experience and with opportunities for upward progress  Occupation: A wide category of jobs with similar characteristics

35. Job Interview  Interview Questions Worksheet  Occupational Outlook Handbook Worksheet

36. Entrepreneur  Entrepreneur  An individual who recognizes opportunities (wants or problems) and uses resources to implement innovative ideas for new, thoughtfully planned ventures  Human Capital (Investment in Self)  The abilities and skills of an individual acquired from education and training, that enhance potential income earning  Volunteering  Extra curricular activities  Workshops  New tasks at work

37. Entrepreneurship  Entrepreneurs use innovation as a tool to effect change and to develop better products, services, and processes that are wanted by others.  Innovation is a driving force for change and is given birth by inventors.  It is the entrepreneur who brings the innovation to “life” and uses it to make a valuable contribution to change, development, and progress in the economy.  Important Traits for the Successful Entrepreneur Worksheet

38. Ratings of Traits by Entrepreneurs A. Most Important for Success Perseverance (18) Desire and willingness to take the initiative (15) Competitiveness (14) Self-reliance (11) A strong need to achieve (3) Self-confidence (16) Good physical health (2) B. Important for Success A willingness to take risks (4) A high level of energy (1) An ability to get along with employees (9) Versatility (17) A desire to create (5) Innovativeness (19) C. Least Important for Success Ability to lead effectively (20) A willingness to tolerate uncertainty (8) A strong desire for money (7) Patience (13) Being well organized (10) A need for power (12) A need to closely associate with others (6)

39. Entrepreneurship  RISKS  No guarantees  No regular paycheck  No boss  Long hours  Assume debt of business  Harder to find work or start again  REWARDS  Be your own boss  Keep profits  Be in control  Satisfaction  Pursue talent and creativity  Employ people  Contribute to the community

40. Most entrepreneurs are good at what they do, BUT they don’t know how to plan for and operate a small business Attorneys Doctors Dentists Architects Accountants Interpreters & Translators Financial Analysts Optometrists Home Health Care Providers Web Designers Insurance Agents Non-profit directors* Funeral Directors Tour Guides Caterer Restaurant Owner Marriage, Child and Family Counselors Travel and Transportation Agents Veterinarians Plumbers Hair Stylist

41. Why should students care about entrepreneur education? Entrepreneurship allows you to dream your own destiny and craft a job that you can excel at: If you're going to spend time doing something, why not spend time doing something you love? Pursue your passion. Resume Builder. What looks better on a resume -- someone who started a lawn-mowing business and made sales as a teenage or someone who worked as a cashier in a local supermarket? Students already own five powerful assets: time, talent, attitude, energy and unique knowledge of one’s local market.

42. Skills for a Lifetime Remember - entrepreneurs who have built and sold one business for a substantial amount go on to build other successful businesses. They never lose the entrepreneurial buzz. Happy Monkey Hummus

43. Cost of Living Worksheet