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Harsh

Harsh Bharwani  |69 Answers  |Ask -

Entrepreneurship Expert - Answered on Oct 19, 2023

Harsh Bharwani is a fourth generation entrepreneur.
As CEO and managing director, he leads the international business and employability initiatives at the computer networking institute, Jetking Infotrain Limited.
After graduating from Delhi University, Bharwani joined the family business in 2010 and set up operations in the US and Vietnam.
He has trained over three lakh students in employability, confidence and key life skills.... more
milind Question by milind on Jun 29, 2023Hindi
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Career

I am Having the experience of 20 + years in purchase /procurement but not getting good opportunities.

Ans: Update Your Resume: Ensure that your resume reflects your 20+ years of experience accurately. Highlight key achievements and responsibilities in your previous roles. Tailor your resume for each job application to match the specific requirements of the position.

Network: Leverage your professional network to find job opportunities. Connect with former colleagues, attend industry events, and use professional networking platforms like LinkedIn to stay in touch with peers and industry professionals.

Online Job Boards: Explore job search websites and platforms that specialize in procurement and purchasing roles. Websites like LinkedIn, Indeed, Glassdoor, and specific industry job boards can be valuable resources.

Recruitment Agencies: Consider working with recruitment agencies or headhunters who specialize in procurement and supply chain positions. They can help you find relevant job openings and provide valuable insights into the job market.

Skill Development: Stay updated with the latest trends and technologies in procurement. Continuous learning and skill development can make you more attractive to potential employers. Consider taking courses or certifications in areas relevant to your field.

Targeted Applications: Focus your efforts on job openings that closely match your skills and experience. Tailor your application to highlight how your background aligns with the specific requirements of the position.

Professional Associations: Join relevant professional associations in procurement and supply chain management. These organizations often provide access to job listings and networking opportunities.

Interview Preparation: Practice your interview skills to make a strong impression during interviews. Be prepared to discuss your experience, accomplishments, and how you can contribute to the success of the company.

Consider Contract or Freelance Work: Sometimes, interim contract or freelance opportunities can lead to full-time positions. Be open to short-term roles if they align with your career goals.

Stay Positive and Persistent: Job searching can be challenging, and rejection is a part of the process. Stay positive, maintain your confidence, and keep applying to positions that interest you.

It's important to remember that finding the right opportunity can take time, especially if you have specific preferences or requirements. Continue to build your network, stay updated in your field, and be persistent in your job search. Your extensive experience in procurement should be a valuable asset in the long run





Market Research: Conduct thorough market research to assess the demand for travel services in your target region. Consider factors like tourism trends, competition, and economic conditions.

Due Diligence: Carefully review the financial health and reputation of the agency you intend to franchise. Look at their track record, customer reviews, and industry standing to ensure they have a strong foundation.

Franchise Agreement: Examine the terms and conditions of the franchise agreement, including fees, royalties, and the level of support provided by the franchisor. Make sure you understand the contractual obligations and responsibilities.

Location: Assess the location of the agency and its proximity to potential customers. A strategic location can significantly impact your business's success.

Business Plan: Develop a comprehensive business plan that outlines your goals, target market, marketing strategies, and financial projections. This plan will serve as a roadmap for your business.
Career

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Asked by Anonymous - Jan 17, 2025Hindi
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Then doctor asked her why she stopped and what I said, my wife said that he is asking for female staff and doctor said “I am a doctor and I am not having female staff and there is nothing male and female in doctor’s consultation” my wife got convinced and told me that we are continuing with this doctor and I also shaked my head as consent sign but not aware with the upcoming surprise and then she open her upper body part and doctor did the check up by pressing or whatever doctor does. And I was not ready for this So, I am still in trauma due to this, but I don’t want her to show her body to any male doctor. That picture comes again and again in my eyes. I don’t want to break my relation with wife, because we married 20 years before and we have 2 daughter and I love her too much. But she has disobeyed me and obeyed that doctor. I am in a trauma. What should I do to come out of this trauma. Please let me know.
Ans: To address your trauma, start by having an open and honest conversation with your wife about your feelings. Express your emotions calmly, without blame, so she can understand the depth of your discomfort and help you work through it. It's also crucial to recognize that trust and mutual respect are fundamental in any relationship. Your wife’s decision was likely driven by her need for medical care, not a desire to hurt or disobey you.

Consider seeking professional help for yourself. A therapist or counselor can provide a safe space for you to explore these feelings, work through the trauma, and develop strategies to cope with intrusive thoughts. They can also help you understand the importance of medical privacy and the necessity of certain procedures, which may ease your discomfort over time.

Additionally, you might want to explore couples counseling. This can help both of you navigate this situation together, rebuild trust, and strengthen your relationship. Remember, your goal is to maintain a loving and supportive partnership, and professional guidance can be instrumental in achieving that.

Your love for your wife and your desire to keep the relationship strong is evident. By addressing these feelings head-on and seeking support, you can move towards healing and maintaining the bond you cherish.

...Read more

Ramalingam

Ramalingam Kalirajan  |7548 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 17, 2025

Asked by Anonymous - Jan 17, 2025Hindi
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Money
I'm 35 years old. I want to invest INR 65000 for retirement at 50 years old. My current expenses 65000 per month. Please guide me.
Ans: Retiring at 50 with your current lifestyle requires a carefully crafted investment strategy. Here’s a detailed guide tailored to your goal.

Step 1: Define Retirement Corpus Requirement
Current Monthly Expenses: Rs. 65,000.
Inflation Adjustment: At 6% inflation, your expenses will increase significantly by 50.
Retirement Corpus: The corpus must sustain you for at least 30+ years post-retirement.
Lifestyle Goals: Include travel, medical emergencies, and aspirational expenses in calculations.
Step 2: Asset Allocation Strategy
A balanced mix of equity and debt instruments can help grow your wealth steadily while minimizing risks.

1. Equity Mutual Funds (70% Allocation)
Why Equity? High growth potential to beat inflation over the long term.
Recommended Categories: Flexi-cap, mid-cap, and large-cap funds.
SIP/Investable Amount: Invest Rs. 45,500 monthly in equity mutual funds.
2. Debt Instruments (30% Allocation)
Why Debt? Stability and regular income during volatile markets.
Recommended Options: PPF, short-term debt mutual funds, or NPS (Tier I).
SIP/Investable Amount: Allocate Rs. 19,500 monthly.
Step 3: Include Inflation Protection
Inflation reduces the value of money significantly over time.
Your retirement corpus should grow faster than the inflation rate.
Equity exposure helps overcome inflation impacts effectively.
Step 4: Ensure Tax Efficiency
1. Equity Mutual Funds
Tax Rules: Long-term capital gains (LTCG) above Rs. 1.25 lakh taxed at 12.5%.
Action Plan: Use annual redemption to manage gains below taxable limits.
2. PPF and NPS
Tax Benefits: Both offer tax-saving benefits under Section 80C.
Lock-in Period: Ensure alignment with your retirement timeline.
Step 5: Emergency Fund Creation
Build an emergency fund equivalent to 12 months’ expenses (Rs. 7.8 lakh).
Park it in liquid funds or a high-yield savings account for quick access.
Step 6: Health and Risk Coverage
Health Insurance: Ensure adequate coverage to avoid depleting investments during medical emergencies.
Life Insurance: Use a term plan to secure your dependents until you achieve your retirement goal.
Step 7: Regular Portfolio Reviews
Review your portfolio every six months.
Rebalance based on performance, changing goals, and market conditions.
Seek advice from a Certified Financial Planner for optimized asset allocation.
Step 8: Additional Recommendations
Avoid Real Estate: Illiquid and high transaction costs make it unsuitable for your timeline.
Avoid Direct Investments: Opt for regular plans via mutual fund distributors guided by a CFP.
Diversify Investments: Explore international mutual funds for added growth.
Step 9: Incremental Contributions
Increase your SIP amount annually by 10-15% to align with income growth.
This ensures your corpus grows significantly over time.
Finally
Achieving financial independence by 50 is ambitious but achievable. Consistency in investments, inflation-adjusted growth, and regular reviews are critical. Focus on disciplined execution of the outlined plan for a secure and fulfilling retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

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