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Del Jones, reporting in USA Today on people who had turned layoffs into new opportunities, observed: “Those who lose jobs in recessions can land on their feet, and even thrive. They say being jobless can steel and motivate people to work long and hard hours, teach them to be self-reliant and to distrust safety nets, and to spur them into fields they are passionate about. The result, at least in this instance, is success and contentment, financially and otherwise.”
Even in good times, it’s wise to invest 5% of your time in your next career or in starting your own business. It’s always wise to have a Plan B. If downsizing is eminent or you hate your job, invest 10% of your time. In short, your optimism and security do not come from holding onto the past or in hoping for a bailout from Washington, but in helping to invent your own future.
By having more than one option, you have choices. Look for cross-training opportunities. Volunteer for your organization’s strategic projects. Turn your interests or gifts into a business startup on the side. By embracing change and learning strategic skills, you become the “gold” organizations can't afford to lose while still having the option to take advantage of new opportunities.
In bad economic times, organizations have to right size and right skill. If you were a corporation, would you invest in you? If not, get busy becoming a recyclable asset. If you lose your job, take heart. It’s been said, “You can’t teach an old dog new tricks!” Well, you become an old dog when you stop doing new tricks. There’s another benefit to lifelong learning, you just may find a career path that you enjoy more.
How do you work to develop your Plan B to thrive in these uncertain times?
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