Monthly Archives: October 2009

Unemployed Twenty Somethings

“Fewer than half of all Americans aged 16 to 24 had jobs in September, the lowest number since record keeping began in 1948. Peter Coy, of BusinessWeek, takes a look at how raging unemployment is impacting their future and the economy.

– CNBC Oct 8, 2009

So what is a 2009 graduate to do? My suggestion is to intern or consult your way into a job,  even if it means working “pro bono”—working for free.  By getting inside a company and proving yourself as volunteer or intern, you can position yourself ahead of the other job seekers.  This type of work also gives you chance to build a relationship with the hiring managers. Right or wrong, people prefer to hire the people that they know.

Sooner or later this job market will improve.

In the meantime, volunteer and give your time away. You will be paid back soon.

John Bradley Jackson

Director

CSUF Entrepreneurship

A Facebook Tsunami

Facebook is a much bigger deal than you think.  A big wave you say? I call it a “tsunami”.

Facebook  is reported to currently have over 250 million active users and  each user has an average 120 friends. I have heard reports that they will top 300 million users by year end.

Currently, more than 1 billion photos are uploaded every month by its users; this is a key differentiator for them over other social networking sites.  Yes, that is more than 12 billion photos per year—how can that be?

Unfortunately, most users don’t know the risk of entering too much personal information. Once it gets out on Facebook, it is out there for full view unless you maintain privacy protocols. Must people don’t bother.

Rumors are that Facebook is preparing to launch premium services for a fee….just think if they charged a penny a photo? Or, if they had a membership fee?

Talk about a financial tsunami!

John Bradley Jackson

Director

Center for Entrepreneurship

California State University, Fullerton