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Just like making any kinds of investment, making a career change needs one to spend some money and time. So, it is important for you to know exactly how you could succeed before making a change. Here are steps you should take in order to increase your chance of success.

1. Decide if you really need a career change
Making a career change is simply finding a new job. It refers to getting a complete makeover of your entire career path into another field, which means that it will be much harder and more complicated. Before considering making a career change, that will greatly impact your life for a while, you will need to decide whether you actually need one.

2. Assess yourself ahead
If you are looking to change your career, you will need to evaluate your own value, skills, personalities as well as interests in advance. These days, there are a number of self assessment tools available online. They could help you figure out whether you fit the new career.

3. Make a list of jobs to explore
Before sending out application letters without specific purposes, you will need to make a complete list of all the occupations to explore ahead. You could gradually shorten your list via eliminating jobs on it after taking self assessment.

4. Explore the occupation left on the list
After narrowing the range of appropriate occupations down, you will need to do further research about the ones left on your list. You should read the job descriptions, educational background as well as other requirement, average salary level and future development, etc. Based on what you’ve learned from the research, you could further pare down your list of possible occupations.

5. Interview your family or friends
The knowledge of an insider could be of great help. Conducting a few interviews with people in a specific sector makes a best way for you to gather more firsthand in-depth information about a job. So, if you are looking learn more about a career that you are interested in, interview your family or friends who are taking relevant jobs in the field.

6. Write detailed career plan
By now, you should have decided which career suits your needs most. You could eliminate all other jobs on your list and start focusing on one. You will need to write a detailed career plan with clear long-term and short-term goals, as well as steps to reach these goals.

7. Get necessary training for your new career
Changing your career means that you are going to start all over again. Your previous working experience and skills might not be quite helpful in the future. As a result, you will need to learn a lot of new things in order to qualify for a new job. Taking courses or doing an internship could both be quite beneficial.

People change their career for a number of different reasons, including lacking of passion for the previous career, looking for much better pay occupations, and much more. Have you ever changed your career before? How you know it is time to take a chance and shift to a new career? Here are a few signals that will indicate it is time you need a career change.

1. Feelings of walking on egg shells
Due to the economic crisis, a number of organizations are forcing their full-time workers to take part time or be laid off. If you are facing the great pressure of being hit by layoffs, you should start considering career changes.

2. Feelings of getting burned out
Sometimes, your job could be exhausted or depressing. After years of work, what you have been experiencing at work and the stress you are taking could pile up and turn out to be devastating. If you think you are burned out and cannot afford to take any more, you will need to make a change.

3. No passion for the job
Not everyone in the world could manage to have their dream jobs. Quite often, people will settle down for other options. However, if you don’t have the passion or eventually lose your passion for the job, you won’t last long on the job and enjoy your life. Then, you will need to think about changing to some career that will bring you back the joy and happiness.

4. Losing of your own identity
Some jobs could be demanding. It is likely that you will end up losing your relaxing weekday nights and weekend time. You might end up losing all your hobbies and gradually yourself due to dedication to your work.

Euro zone banks have rushed to take favorable three-year loan, offered by the European Central Bank, borrowing € 489bn ($ 643bn, £ 375bn). The central bank had originally hoped, loans up to € 450bn to stop another credit crunch crippling the banking system.

More than 500 banks went to borrow from the scheme, which was well above market expectations. The euro rose sharply on the news, but then fell again later. When the plan was announced, French President Nicolas Sarkozy said banks could use the money to invest in the euro-zone government bonds.

However, analysts were uncertain whether the banks use the money in this way. The very serious takeover of the ECB’s three-year, long-term refinancing operation offers some encouragement that the bank’s liquidity needs are met plenty,” said Jonathan Loynes at Capital Economics said.

But while this may help to remain the recent signs of renewed tensions in the credit markets and support bank lending address, we skeptical about the idea that the operation of the debt crisis easily, since the banks use the funds to produce large amounts of peripheral government bonds buy. This was the European Central Bank, the first offering of the three-year loan and was the largest amount of money the central bank pumped into the financial system, beating the € 450bn offer is put in with his 2009 one-year loan.

A lot of managers downplay small details at work, dismissing them as things that people are encouraged to ignore. However, in fact, if you are longing to accomplish great and noble tasks, you will need to think big, but at the same time pay attention to details. Here we list the top 10 details that managers need to pay attention to in order to succeed.
1. Convey your working orders clearly and articulately is the most crucial factor determining the working effectiveness and efficiency of your team workers;
2. Do not say anything bad about your subordinates in front of your superiors as it is the key quality you need to be a supportive leader behind your team workers;
3. Never ignore the opinions of the staff or they will gradually stop discussing with you;
4. Avoid having your staff endlessly wait for anything or they will lose patience and interest;
5. Do not ask your staff to work overtime when they are already preparing to go but try to do it much ahead of the clock with strong reasons for your request, or you might disturb their original plan all of a sudden and get them annoyed;
6. Check the work of your team workers in order to correct their mistakes in time;
7. Always remember to encourage your staff on a regular base to keep them well motivated;
8. Try your best to communicate with your staff regularly to know about their work as well as living;
9. Work hard on improving the executive power of your staff or you will need to share a lot of work as well as responsibilities;
10. Give more opportunity for future development to your subordinates in order to take care of their needs for self realization.

Many people are wondering the same question–Why do so many highly educated people fail to become most great bosses in the end. There are many different reasons leading the failure of many well educated people. Here, we list a few most populated ones:
1. Highly educated people tend to find jobs much more easily. However, this would lead to the result that they tend to put themselves into the position as subordinates much more easily. Many people then miss the opportunity to start a business by themselves and become a entrepreneurial boss.
2. Highly educated people might be more self-righteous, thus not willing to keep learning. As a result, their career path will be gradually limited along with the increase in their age. The organization they are leading will be greatly influenced accordingly.
3. Highly educated people tend to think they are very strong, thus trying to handle all kinds of things by themselves. They would hire people with lower working capacity than themselves, limiting the further development of a team.

According to Bloomber, it is announced that PayPal–the payment service for eBay, is now looking to take on Groupon and LivingSocial with plans to start offering coupons tailored to users’ purchasing habits and mobile phone locations.
The company will launch its mobile deals in the first quarter of next year in partnership with several US retailers.