Job Insecurity Overload? Maybe It’s Time to Bootstrap Your Entrepreneurial Spirit.
Every day the news is the same: People are losing their jobs. It’s even happening at Google! For example, on the night I was approached about writing my book on setting up an online networking business, I called my mother to tell her the news. She was on the phone with her best friend, whose son had just lost his job. He has three kids, and had had an excellent career for several years with a major financial services company. One day, with no warning, senior management called in 80 people in his division and fired them all. The man is extremely disillusioned with the lack of security in large corporations, and has decided to start his own business – and wants to do something internet-based.
Truly, the days where a person went to work out of school for “the company” that would take care of them by rewarding good service with a steady – and steadily increasing – salary, benefits, and pension for the rest of the employee’s working years is a thing of the past. Other than those executives at high in the ranks of major corporations, the rank-and-file employees see very little growth in salaries that do not keep up with the cost of living.
For most career-aged Americans, today virtually the only way to control the amount you can make is to work for yourself. With the right tools, knowledge, and self-discipline and perseverance – not to mention today’s user-friendly technology and the explosion of the Internet – the best way to achieve financial success is to become the master of your own professional universe.
Many people became successful from the “first wave” of Internet businesses. But a whole new wave of opportunity has just begun to flow, and early-adopters of the newest technology and Web 2.0 have got an incredible opportunity to reach the heights of professional and financial success.
The Stylo Creative team can help you set up your social media campaign at a fraction of the cost of traditional advertising. It’s what we do – and we love it.
November 29, 2008
[...] Job Insecurity Overload? Maybe It’s Time to Bootstrap Your Entrepreneurial … Every day the news is the same: People are losing their jobs. It’s even happening at Google! For example, on the night I was approached about writing my book on setting up an online networking business, I called my mother to tell her the news. She was on the phone with her best friend, whose son … [...]
December 4, 2008
This post brings home a great point. Most people are taught growing up by their teachers in school and parents at home as they are growing up that if they study hard, get good grades, get a degree and find a job at a big corporation that you will have job and financial security. I won’t get into the underlying fundamentals that are causing the underlying fundamental issues that are causing the current economic turmoil (that is another entire blog post itself)however to discuss the current employment issues at hand. a couple of recent examples a little bit close to home for me being a native Houstonian. Just recently due to damage in the wake of hurricane IKE in Galveston TX UTMB layed off 3800 employees, just down the street from where I live an icon in the automotive industry (Bill Heard) filed bankruptcy and 6000 employees including some personal friends of mine with mortgages etc lost their jobs.
So what is my point? There is no job security in “Corporate America” anymore. We can’t depend on these large corporations for retirement or even month to month income.
However there is light at the end of the tunnel. The entrepreneurial spirit is alive an well in the united states and there is much more job security and financial Independence when you are actually hanging your own shingle. Also as stated in this post there is abundant opportunity for us all in what I like to call the “new economy” as a result of the advent of the internet.
December 4, 2008
Houston – aka the_gman on Twitter.com – great comments. And yes – the internet has certainly allowed for a much more equal playing field as far as opportunities for the average American.