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Downsized? Earn Cash While You Look for Work

October 17th, 2009

 

Have you recently been laid off?

Have you found that the recession has really hurt your ability to find a new job to replace your old one?

 

Today’s Situation

If so, you have lots of company.  Since the beginning of the recession in December, 2007, more than 5.7 million jobs have been lost.  According to the Associated Press (AP), after the May 8th release of the April, 2009 unemployment numbers:

  • 13.7 million individuals were unemployed in April, 2009, and that was the biggest number since 1948
  • 539,000 jobs were lost in April alone
  • 8.9% unemployment (the highest since September, 1983), but if workers who’ve been laid off and just given up or accepted part-time work, are included, that number jumps to 15.9% unemployment – the highest since 1994

If you’ve been out of work for more than a month, you may be feeling frustrated, or maybe even a little overwhelmed as you observe the pages of the calendar turn, with still no job on the horizon.  In addition to this immediate financial crisis, you’re probably concerned about the long term effects as well (e.g., college education for your kids, a comfortable retirement for you and your spouse).

There are essentially three options in this situation:

  1. Freak out
  2. Continue doing what you’ve always been doing (the same things that haven’t yet found you a new job), or
  3. Try something different

 

Option 1:  Freak Out

The first option, panic, is entirely counter-productive, and should be avoided at all costs.  A little fear is an excellent motivator – it can help us get out of a dangerous situation by energizing us to either run or fight. Panic, however, overloads our system, resulting in fuzzy thinking, confusion, fatigue, and gets us nowhere.

 

Option 2:  Continue Doing What You’ve Been Doing

If doing what you have been doing had been successful for you, you wouldn’t be reading this article right now.  If you keep doing the same-old, same-old, you’re going to end up in the same place that you already are.

This economy has proved to be very challenging – good people I know have been unemployed for six months or more.  Despite doing all the “right things” (e.g, answering help wanted ads and sending out resumes), what have they got to show for all that effort?  Zero.

Not very many people are getting hired in this economy; many people are not even getting callbacks from their resumes.

 

Option 3:  Try Something Different

The third option – do something different – seems to be the only plausible solution.  With so many possibilities, how do you even know where to begin?

Why don’t you start an online business .

  • Let this be the last time that anyone will ever lay you off, or outsource your job.
  • Don’t continue to sell your soul to the company store.

Become your own boss!  Start a home based business!

A superb starting place for gleaning all the necessary knowledge about internet marketing that you’ll need is to sign up for the Online Success for Beginners classes.

Home-based businesses account for approximately 7 billion annually and provides many tax benefits, more control over your time, your work, and your income.  Using the Law of Large Numbers, like insurance companies do, you can minimize your income risks during this recession. They spread the risk of loss across thousands or millions of policyholders.

If you start an online business, you could be spreading your recessionary risks across millions of potential customers, multiple geographic regions, and even, multiple countries.   Thus, to increase your financial stability and security, do like the insurance companies do – apply the Law of Large Numbers to your personal financial situation.while building a life of your dreams

 

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