Resumes and the stock market. Two totally different topics – or so it may seem. But in fact, despite being different in many obvious ways, these two subjects have more in common than you might first think. In this guide, we’ll dive into the surprising similarities that unite resumes and the stock market, drawing valuable insights from each one.
They’re Both in a Constant State of Evolution
If you talk to pros in either field – like seasoned stockbrokers or resume writing pros in Denver CO – they’ll both tell you that their line of work is always evolving. That’s the first big similarity between stock markets and resumes. Neither one is ever settled or fixed. Changes are always ongoing, and it’s up to those involved to adjust accordingly.
In the stock market, for example, the values of individual stocks can rise and fall with astonishing volatility.
New stocks are also regularly added to the market, altering the landscape even further, and a range of factors – social, political, economic, etc. – can all influence and impact prices and optimal buy or sell times.
In the world of resumes, it’s a similar story in a lot of ways.
While there are certain rules or concepts that have held true over the years, many aspects of resume writing are subject to change. The famous “one page rule,” for example, has been called into question in recent years, and opinions on resume elements – like career objectives – change all the time.
Technology Is Having a Huge Impact on Them
Modern technology shapes and influences almost every aspect of our lives, from the way we communicate to how we learn and entertain ourselves. It’s also having an impact on many different industries and aspects of the business world, including stock markets and resume writing, too.
How Technology Affects Stocks:
In recent years have seen the development and release of online platforms for buying and selling stocks. This has made stock trading more accessible than ever. Meanwhile, emerging technologies like machine learning and AI are being used to automate, inform, and guide stock market decisions
How Technology Affects Resume:
Over in the world of resumes, the effects of tech are also being felt, most notably in the emergence of ATS, or Applicant Tracking Software. Used for scanning resumes and cover letters, this software streamlines the role of today’s recruiters. It can automatically weed out weaker candidates and even identify those who seem most suitable for a role, all via keyword scanning.
A Single Mistake Can Be Costly
Another interesting similarity shared by resumes and the stock market is how, in both fields, a single, small mistake can have big consequences. As such, it’s crucial for both stock investors and resume writers to be shrewd and sensible with the moves they make.
Mistakes In Investments Cost Money:
In investments, for example, huge amounts of money can be gained or lost on a single trade. Buy or sell at the wrong time, and you could lose a fortune. Or, if you fail to read the markets correctly and make a bad call, you could miss out on incredible returns. It’s a game of incredible risk and reward, with no room for error.
Mistakes In Your Resume Cost Money:
While writing resumes may not seem quite as fraught with risk, you can still pay the price for a single mistake. Even a small one. Today’s recruiters are ruthless, and with dozens of applicants for the average job, they will rapidly reject a resume that isn’t perfectly written. Issues like grammatical mistakes, typos, or poor formatting can all lead to instant rejection.
The Right Moves Can Make You a Fortune
We’ve just talked about how little mistakes can lead to large losses in both stocks and resumes. Well, the opposite is also true. If you make the right moves, such as trading at the right time or submitting a flawless, well-tailored resume, you can enjoy some amazing returns.
History is littered with examples of savvy stock investors knowing just the right time to buy or sell their stocks, cashing out with maximum profit. There are many world-famous investors who have mastered the markets and built luxurious lives for themselves on the back of their trades.
Of course, writing a good resume isn’t enough on its own to earn you a fortune. But it can be the first big step on your path to serious long-term success. It could be the difference-maker that helps you stand out in a crowded field of candidates to get your dream job, for example. Or it could help you get your foot in the door of a big company before you work your way to the top.
The Pros Do It Best
One final similarity of note between stock markets and resumes is that they can both be immensely tricky for amateurs to understand and excel in.
A lot of people dream of making money in the stock market, for example. However, once they begin digging into the details and learning how it all works, many feel utterly overwhelmed and intimidated. They get things wrong and must learn over time, improving their skills before they see the best returns. Pros, meanwhile, know exactly how to make moves to make profits.
It’s a similar idea in resume writing. A lot of people get things wrong when crafting their resumes. They’re not sure which info to include and what to leave out, how long their resume should be, and how best to sell themselves, for instance. Professional resume writers for investors and bankers, however, know the perfect way to build a winning, convincing resume that gets results.
Resumes and Stocks: Not as Different as You Might Imagine
There you have it. It’s fair to say that resumes and stock markets seem only vaguely related at first. But, as you dig into each topic, you can uncover quite a few intriguing connections that link them together. Perhaps the biggest takeaway is that both are quite complicated concepts that need to be understood and analyzed intensely if you wish to see positive profits and returns.