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What To do Before the Bailout Kicks In (467 hits)

Just yesterday I was having a conversation with a woman who told me that she and her husband had been laid off. Actually, this is the second time in a year for her husband, and her hasn’t found a job yet in over 10 months. All of these lay offs had been due to outsourcing.
Regardless of why they lost their jobs, they are finding themselves in a situation of needing income and now is the time to be creative.


My first thought, as a coach, was to tell her that she might need to re-evaluate her skills and look to see how she could leverage them into something that will make money for her. At this point for many people any amount of money will help. Given her skill level, I could see that she could easily repackage herself, while still looking for employment, and begin to offer her skills as a service on a short term contract basis. Now, aside from the fact that people may need to take a job that might be beneath their skill and experience level, they can start to implement a Plan B. Remember, the holiday season is upon us and there are lot’s of seasonal employment available.


We need to start to thinking like COO’s (Chief Operating Officer) because you are, in fact. the COO of your life. I personally believe that the CEO (Chief Executive Officer) is God. As the COO, it is your job to handle the operations of your life. It’s about being appreciative of the talents and skills that you have and using them in a new way. I think the best way to do this is to clarify your values, vision, purpose, and mission. I call these The 4 Cornerstones of Wealth. Almost every company covers The 4 Cornerstones of Wealth in their business plan. Do you have a plan for your life? Right now I am not even talking about a Plan B. I’m talking about a main plan. Now is the time for you to get serious about coming out of these financial times as a victor and not to be victimized by them. This is also a time to get creative. When you start to think like a business owner, not only do you open new possibilities for yourself as a possible entrepreneur, but you even become a more valuable employee. Why, because your focus shifts into purposeful activity.


Here is the first step to emerging as a victor from this current financial emergency.

1. Get real! Take a snapshot of your life.

a. Get a clear picture of where you are financially. Later you can decided where you want to go. Awareness is the key to growth.
b. Evaluate all of your perceived obstacles to prospering in these changing times. You must be willing to confront your fears and turn them into fuel for growth. Again, awareness is the key.
c. List your valuableness and resources, this includes;
i. Relationships
ii. Skills & Talents
iii. Education and Experiences
iv. Health
v. Money
vi. Ideas: Ideas are the fount out of which wealth flows. Mitch Meyerson says, everyone has at least 4 million dollar ideas a year! Start writing you ideas down without judging them, remember this is a country where people bought “pet rocks.”

More to come…
Posted By: Barbara Dixon
Saturday, October 4th 2008 at 2:13PM
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This is absolutely an awesome share! I hope many stop by to absorb and take heed to your innovative soul. Thank you for sharing.
Saturday, October 4th 2008 at 2:30PM
This is Bren
This is absoulutely incredible information. I think that everyone should be aware of where they are in life "looking", hearing the advice of people in a position that we would like to be in "listening", and studying these lessons "learning". After we have looked, listened, and learned we can our plans to work in a productive manner.
Sunday, October 5th 2008 at 12:19AM
Emmanuel Brown
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