Thursday, April 16, 2009

Beating Recession (For Individuals)

Since we are officially in the greatest depression since the 1930s, I think this is an apt post. So what can you do if you have recently been laid off?
1. Relook at your career goals
a. Are you certain you are in the right industry? You may have been a banker all your life, but if you think your chances of landing a job in this area are limited, be open to new possibilities.
b. Do you possess the required skills to excel in your job? Enrol for an evening class, online classes and brush up on your skills.
c. Be realistic: If you have been a manager, a job may require you to start as an executive again. Times are tough and it’s not easy to get a new job, so go ahead and take it up and give it your best.
d. Network: Try to meet people from the same industry. Offer to work on projects for free, publish articles, give free seminars, establish good equity that will help you in future.

2. Cultivate a hobby
a. Have a hobby that will help ward off depression and keep you occupied. And please, watching TV does not qualify as a hobby.
b. Do gardening, take up a sport, learn to play an instrument, anything as long as it gets you out and keeps you moving.

3. Keep some money coming in
a. It can be very disheartening when you have been used to a paycheck from so long.
b. Take up a job, could be at a restaurant, library, bank, even the beach or a park if that interests you and keep some money coming in. You get to meet a lot of interesting people and life will be exciting too.
c. It will help appreciate people who live on much lesser than what you have been earning all along and will help put life into perspective.

4. Volunteer
a. Millions of hands are reaching out for help each day, so volunteer your time and energy.
b. You can volunteer to teach, support, guide, mentor, the possibilities are endless. So find out the available volunteering opportunities in your area and get started.

5. Attitude
a. In the end, just remember that life is short. Maximize every day and live it to the fullest. Capture different life experiences.
b. Do every task to the best of your abilities. Share your knowledge and skills at every given opportunity.
c. Remember, no one can make you happy, finally happiness is in your own hands, so go ahead and make the best of today and now.