According to the reports and statistics from the media, we live in a recession and about 10.4% of Americans are unemployed. It’s not surprising when you think about, if I had to make a guess I would think that a majority of those unemployed Americans weren’t satisfied with their jobs to begin with. It was simply just a “job”; something to pay the bills, so to speak. With that said, the unemployed were still mentally and emotionally hurt by losing their jobs… who wouldn’t? What’s more hurtful however, is that most of the unemployed don’t know what to do after they lose their job, some of them have been working at their jobs for decades! It’s only going to be a matter of time before the unemployment insurance runs out, what will they do then?, flip burgers?
Now imagine if unemployment insurance meant something else altogether, imagine if instead of asking the government for money, you could capitalize on your hobbies and passions. It’s the kind of insurance where the strength of the policy is only limited by your mind and heart. You finally get to open up that cafe, run your own tech support company, start designing websites, help people get out of debt, whatever your passion is, there is always a way to turn that into a living. Some people even believe [that during] a recession proves to be the one of most opportunistic times for entrepreneurs to start a business.
A forewarning must be noted however, it’s extremely important to remember that running a business is not for the faint of heart. Years of training in a traditional school setting might’ve set you up to compete in the “job market”; it might be scary to find yourself actually competing in the real market. Look on the bright side though, the real market yields more profitable results than you can ever expect to achieve going the traditional route. If you are one of one of those unemployed… what are you waiting for?, find something that you’re good at and figure out how to turn it into a business, see how far you get, you might just surprise yourself. If you are not unemployed, why not start something on the side, make it a hobby, have fun with it. If you make money from it, realize that it’s a byproduct of you sharing something you love with other people. It’s about time we build an unemployment insurance policy that we put into every month instead of us paying into every month.
3 Comments
Hi Vann,
Great blog and you got straight to the point. During every “recession” our country has faced many people have started successful businesses during these times.
I will pass your blog on to others who might need a few words of encouragement.
Keep up the great work and sharing of your thoughts.
S
Excellent! Wonderful words of encouragement to those living in fear.
Bill,
Awesome words of encouragement! This is what is needed at the current moment. Too many people are looking at their dire situation as opposed to understanding that they have the ability to leverage their opportunity. Too many times we have dreamed about the chance to do something for ourselves if we were just given the opportunity. Like I have always said “Jump off the cliff with faith and grow wings as you fall”
Thank you and keep up the great work that you have always done.
William