From the same chapter, “Why Careers Are like Real Estate Markets”:
“Those of us who have been in transition (between jobs) can tell you that when you are blind-sided it’s not fun.”
Major disruptions in our lives force us to change our normal habits.
A widespread and prolonged economic disruption across industries dictates …
- where and how you retire,
- the value of your house,
- where you live,
- your children’s education and
- career choices,
- your hobbies,
- whether your are starting,
- buying, or
- selling a business,
- your estate and
- tax planning, and
- even your charitable giving.
We know from change experts that we respond to a job loss in one of two ways.
The first is a version of walking the plank.
We’re pushed off a cliff into the valley of despair — the death-and-dying model — of
- depression, and
- finally acceptance.
Because we naturally practice selective filtering to focus on business as usual, we miss the clues that suggest just how close we’ve come to the edge of the cliff or plank.
Then we’re falling through space.
And, they keep on changing!
A previous version originally appeared in the How We Got Here section of Adapt! How to Survive and Thrive in the Changing World of Work, in 2009, Co-Authored by Steve Howard .
It ‘s no longer enough to simply dream – it’s now more about making the best decisions possible in uncertain, confusing times — whether as individuals, teams or as organizational leaders.
When we come to a crossroads in our lives the path you’ve been on may feel like a dead-end.
But, you have many more options available to you than you initially realize.
You can choose any one of 11 options:
- Change positions in same organization;
- Change organizations in same field;
- Change careers;
- Work in the same job while moonlighting;
- Start a business from scratch;
- Buy a business with its own customers;
- Buy a franchise with a proven business model;
- Launch a consulting practice;
- Turn a hobby or artistic talent into a lifestyle business;
- Move to a lower-cost-of-living community and live on your investments and volunteer; or
- Retire, yet freelance or consult to supplement your income.