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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Aug 03, 2023

Abhishek Shah is an experienced tech and HR leader. He has over 10 years of experience in helping create sustainable thriving businesses, leveraging technology and mentoring people. He founded Testlify, a talent assessment platform in 2022. He is passionate about helping founders build high-performing tech teams. ... more
Asked by Anonymous - Jul 17, 2023Hindi
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Career

Hi, I am an engineer with 11 years experience in technical sales.How can i take up a job in UK and move forward in my career.

Ans: Hello,

I understand that transitioning your career to the UK can be an exciting opportunity for personal and professional growth. To successfully take up a job in the UK and move forward in your career as a technical sales engineer, consider the following steps:

Research Job Market and Requirements: Start by researching the job market in the UK for technical sales roles. Look for companies and industries that align with your expertise and experience. Review the specific job requirements and qualifications expected by employers.

Work on Your CV and Cover Letter: Tailor your CV to the UK format and ensure it highlights your relevant experience, skills, and achievements. Craft a compelling cover letter that explains your intention to work in the UK and how your expertise can benefit potential employers.

Networking and Online Presence: Engage in networking both online and offline. LinkedIn can be a valuable platform to connect with professionals and potential employers in the UK. Building a strong online presence can also help recruiters discover you.

Visa and Work Authorization: Check the UK government's official website to understand the visa and work authorization requirements. Ensure you have the necessary visa to work legally in the UK.

Search for Job Opportunities: Utilize job search platforms like Indeed, Glassdoor, and specialized engineering job boards to find suitable openings. Attend virtual job fairs and industry events to connect with employers directly.

Prepare for Interviews: Be ready for remote interviews or, if possible, travel to the UK for face-to-face interviews. Research the companies you interview with and practice answering common technical sales interview questions.

Highlight Your International Experience: Emphasize the value of your 11 years of technical sales experience in your interviews. Showcase how your diverse background and international exposure can bring unique perspectives to UK-based companies.

Continued Professional Development: Stay updated with industry trends and advancements in technical sales. Consider obtaining certifications or additional training to enhance your skills and marketability.

Cultural Adaptation: Understand and adapt to the cultural differences in the UK workplace. Being culturally aware and open-minded will help you integrate smoothly into the new work environment.

Be Persistent and Patient: Securing a job in a new country can take time. Be persistent in your job search, keep applying, and don't get discouraged if the process takes longer than expected.

Remember, moving to a new country for work can be a transformative experience. Stay positive, embrace the challenges, and be open to new opportunities that may arise along the way. Good luck with your job search and career advancement in the UK!

Regards,
Abhishek Shah
Career

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Asked by Anonymous - Apr 11, 2024Hindi
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I want to go to uk for my MBA I'm currently pursuing my graduation in international business please give me some advice
Ans: Hello,

First and foremost, thank you for getting in touch with us. I am happy to hear that you are currently pursuing your undergraduate degree in International Business after which you intend pursuing an MBA in the UK. I would like to let you know that taking into account the prominent business institutions as well as the country’s multicultural environment, opting for an MBA in the UK can be a fruitful choice. As you are presently studying international business, I believe you most certainly already possess a solid understanding of global commerce, which will prove beneficial throughout your MBA degree. Nevertheless, I would recommend that you carry out a comprehensive research pertaining to the various MBA programs provided by universities in the UK prior to applying.

As a first step, I would suggest that you take into account the program accreditation, course outline, experience of the faculty members, as well as possibilities to acquire hands-on experience, viz., internships or consultancy engagements. Not just that, evaluate the fields of specializations that each program has to offer in order to make sure that they resonate with your professional objectives in the domain of international business. Remember that establishing ties in the business environment can greatly improve your employment opportunities after completing an MBA, and for that reason, I would suggest that you explore the networking possibilities that each school has to offer.

Moreover, throughout your stay in the UK, adapt yourself to the various cultures. Your academic journey will be greatly enhanced and you will be able to develop a global mentality, a vital asset in the interconnected corporate world of today, through interacting with people of diverse backgrounds and experiences both within and outside of the classroom. Lastly, in order to acquire guidance and knowledge pertaining to your goals, I would recommend that you get in touch with mentors or students who have previously followed same avenues.

Remember, your MBA program in the UK can greatly enhance your career objectives in international business if you prepare carefully and work hard.

For more information, you can visit our website.

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Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - May 03, 2024Hindi
Money
Iam 40yrs old with 1.6lakhs take home with house wife and 3 yr old baby girl. Below is my current financial condition: 1. Taken Home loan for 35 lakhs for apartment worth of 55lakhs in 2022 with emi requirement of 41k for 11yrs (iam paying monthly 45k and one extra 45k emi yearly) 2. Took Gold loan of 11lakhs in 2022(paying from mar2024 onwards monthly 35k) for apartment purpose 3. Holding 2440 sqft land costs 25lakhs in 2021 now it is 35lakhs planned for baby girl marriage 4. 5lakhs emergency fund in FD 5. 6 lakhs FD for SBI life smart wealthbuilder plan purpose for next 6yrly premium payment, 6. Equity 5lakhs invested now mkt value 8lakhs, 7. Mf 8lakhs now 11lakhs (monthly 20k for 10 different funds with 1k stepup yearly) 8. EPF 20lakhs not withdrawn from beginning for retirement plan 9. Ssy 1.2lakhs for baby girl education (monthly 6k) 10. Ppf 50k for baby girl education (monthly 3k) 11. Nps 4.9lakhs now 6lakhs (monthly 12k from company deduction and 50k annually from my side) 12. Holding agriculture land 1acre 7lakhs near hometown purchased in 2018 now it is same price no increase... Holding bcoz I like to have agriculture land... 13. Holding Gold coins 50gms purchasing when there is Amazon offers.. for baby girl ornaments purpose 14. Term insurance 1crore for me and 50lakhs for my wife purchased in 2022 15. Health insurance 20lakhs with premium 60k for 3yrs purchase in 2022... Monthly 1.6lakhs take home spending as below: 1. 45k home loan emi (annually 45k as one extra emi) 2. 30k mf sip ( 3k each for 10 funds - quant infra, quant smallcap, quant elss, 360 one focused, canara robeco smallcap, canara robeco emerging, mirae largecap, pgim flexicap, parag elss, ICICI prudential technology fund) 3. 35k gold loan prepayment 4. 35k home maintenance expenses 5. 10k ssy and ppf 6. 5k apartment maintenance 7. 45k LIc premium annual requirement 8. 40k term loan premium annual requirement taken 1crore for me and 50lakhs for my wife total to 40k premium 9. 30k annually for bike insurance, services and other maintenance 10. 1.3lakhs for baby girl school fees from this year 50% already paid 50% to be paid in oct 2024 11. 60k premium for health insurance once for 3 years purchased in 2022... I have few ask sir: 1. Want to buy 13 to 15Lakhs car.. when to buy with my financial condition and I have no down payment free cash now 2. Should I change my financial saving/investment please suggest as I am not having any free cashflow post the monthly commitment 3. Want to generate 2nd source of income suggest plz which is good to have it 4. Want to become financial freedom by next 10years so what I need to do for it and plan better. 5. Any changes in the current plan suggestion
Ans: It sounds like you're juggling a lot, but you've got a solid foundation laid out. It's admirable how you're balancing your responsibilities towards your family's present needs and future goals. Let's address your concerns and aspirations one by one.

1. Car Purchase Consideration:
You're eyeing a new car, a shiny symbol of comfort and convenience. However, before diving in, let's assess if it aligns with your current financial trajectory:

Timing and Need:
Do you have an immediate need for the car, or is it more of a desire?
Can you postpone the purchase until you've accumulated a down payment or have more breathing room in your budget?
2. Reviewing Savings and Investments:
Your portfolio is diverse, spanning various assets from real estate to mutual funds. Let's evaluate if each piece is still working optimally for you:

Portfolio Alignment:
Are all your investments aligned with your long-term goals and risk tolerance?
Can you streamline or consolidate any holdings to reduce costs or enhance performance?
3. Exploring Additional Income Streams:
You're eager to bolster your financial stability by exploring secondary income sources. Let's brainstorm some viable options:

Leveraging Skills and Passions:
What skills or hobbies do you possess that could be monetized?
Are there freelancing opportunities or consulting gigs in your field of expertise?
4. Planning for Financial Freedom:
Your aspiration to achieve financial independence within a decade is ambitious yet attainable. Let's outline a roadmap to realize this vision:

Defining Financial Freedom:
What does financial freedom mean to you personally?
Is it early retirement, pursuing passion projects, or having more flexibility in your lifestyle?
Strategic Steps:
How can you increase your savings rate to accelerate progress towards your goals?
Are there opportunities to optimize investments or explore alternative income streams?
5. Optimizing Current Financial Plan:
Let's explore potential adjustments to your existing financial strategy to enhance its effectiveness:

Reallocating Resources:
Can you reallocate funds towards higher-performing investments or areas with greater potential?
Are there opportunities to automate savings or investment contributions for greater consistency?
Conclusion:
Your commitment to securing your family's financial future is commendable. By carefully considering each aspect of your financial situation, from major purchases to investment strategies, you're laying a strong foundation for long-term success. Remember, financial planning is a journey, and with patience, diligence, and the guidance of a Certified Financial Planner, you're well-positioned to achieve the freedom and security you desire.

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 03, 2024

Asked by Anonymous - Apr 27, 2024Hindi
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Relationship
Hi ma’am My family is not accepting my boyfriend as he is not well settled and doesn’t have any savings. His parent are also divorced and father has a second marriage. The first children custody is still with parents however my boyfriend and his brother live with his mother. He is 5 year younger than me. My family is not accepting my relationship and showing me new proposals every day. To borrow some time i am just refusing the proposal my giving some excuses but now they know that i am still not out from him and waiting for him to get settled. Kindly let me know how can i convince my family to accept my relationship. My boyfriend is working day and night to get settled and have a good account balance. Please advise.
Ans: Dear Anonymous,
If your daughter came to you with the same situation, how would you advise her?
Would you not tell her your concern that she is actually choosing someone who may not be able to support her when she goes on maternity leave? Would you not tell her that coming from a broken family, she may have to take care of her boyfriend and possibly parent him on different occasions? Your parents are only concerned for you and are unable to tell you what they are worried about. Put yourself in their situation and tell me that you will not be worried.

At the same time, I do get your frustration. What you can do is to work on your parents' concerns and buy time till your boyfriend manages to settle down. And it seems like he is doing all that he can to be in their good books. And that's the only way you can get them to accept him. Wait patiently and don't put him under pressure. Instead be supportive and at the same time, you continue to work and be independent as well.

Never try to convince someone who does not want to be convinced but instead work on how they can accept him by addressing their concerns.

All the best!

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Ramalingam

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Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 29, 2024Hindi
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Hi Sir. I am 29 years old and have a saving of 5lac now so I want to invest it in lumpsum SIP for 10 years. Could you please suggest me which fund would be better including small, mid and large where I can get over 25 returns
Ans: Investing a lump sum in SIPs for 10 years is a wise move towards building wealth. Considering your age and investment horizon, here's a diversified portfolio suggestion that includes exposure to small, mid, and large-cap stocks:

Large-Cap Fund: Invest a portion of your funds in a reputable large-cap fund known for its consistent performance and stability. Large-cap funds invest in well-established companies with a track record of strong earnings and market leadership.
Mid-Cap Fund: Allocate another portion to a mid-cap fund, which focuses on companies with medium market capitalization. Mid-cap stocks have the potential for higher growth than large-cap stocks but come with higher volatility.
Small-Cap Fund: Lastly, invest in a small-cap fund to capture the growth potential of smaller companies. Small-cap stocks can be more volatile but offer the possibility of significant returns over the long term.
Ensure to select funds with a proven track record, experienced fund managers, and low expense ratios. While aiming for over 25% returns is ambitious, it's crucial to remain realistic and consider the associated risks. Diversification across different market segments can help mitigate risks and enhance potential returns.

Consulting with a Certified Financial Planner can provide personalized advice tailored to your financial goals and risk tolerance. They can help you select suitable funds and construct a well-balanced portfolio aligned with your investment objectives.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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