The solution for job loss
February 6th 2009 17:08
According to reports, more US workers lost jobs last year than in any year since World War II, with employers axing 2.6 million posts and 524,000 in December alone.
As Britain descends into full scale recession, according to agency reports, thousands of jobs are being lost across the economy, from banking to retail. Unemployment is likely to rise above three million in the current recession,
But there is one vital solution that we have missed out – this vital solution is [B]self employment. Dawn Rivers Baker in his weekly column in Microbusiness NewsBriefs throws his weight behind self employment. In his piece titled Self is the new employment he wrote, “Where I diverge from Keynes is in the focus on jobs. From my 21st century viewpoint, the issue is not ‘jobs.’ It’s ‘work.’ Why? Because, in many cases, ‘work’ has the potential to get you better-paid than a ‘job.’ You can have multiple clients instead of a single employer and, for some reason, clients seem to consider you more valuable than employers do. All of which means that eventually ‘work’ will replace ‘jobs’ as the best way for the average citizen to meet their material needs. In fact, their ability to do that might be considered one way to measure the success of the economy. Which, in its turn, means that governments needs to wake up to self-employment. It is this century’s labor market.
The starting point for self employment is having an idea or ideas. Brainstorming is reported to be a way of coming up with fresh and innovative ideas. According to experts, in its simplest form it involves you sitting down and writing down every idea that comes into your head on a given subject. It doesn’t matter what you write down, as the objective of the exercise is to `storm’ the right-hand side of your brain - the creative side - while ignoring any signals from the left-hand side of your brain - the side that deals with logic and order.
But there is a need to make a mental shift from payroll to profit. Sarah and Paul Edwards, authors of Secrets of Self-Employment did it successfully. Their story: Paul was working for someone else, dreaming about being his own boss, “about writing books and doing many things I’d always wanted to do”. Then one day he couldn’t wait any longer, he quit his job. He soon realised what it meant to have stepped into the big league.
He was faced with a big challenge - he was called upon to be far more than he had ever been before. There was so much he had ever imagined. Said he: “I loved it …but felt small, inadequate, confused and scared. Still, he was determined and committed, he wanted to make it. Paul and Sarah were committed. Said Paul, “We had gone out on our own at the same time, and we wanted to succeed.”
That was when they became interested in studying champions. They were determined to know how these successful individuals have such seeming fortune while others with similar tales, experience, and capability never make the shift. Their findings: After talking to tens of thousands of people who are successfully making it on their own, they found that the reasons some people fail , or barely survive, while others thrive are usually not the ones we read about or even the ones people talk about when asked why they have met with success, disappointment or failure. They argued, basically the reason people have a hard time making it on their own, or fear they will, is that most of us have had virtually no preparation for how to be our own boss. “In fact, what we are taught about how to succeed in life is often diametrically opposed to what we need to do if we’re going to succeed on our down,” they said.
Read this: “Today of course, lots of people who have been following these rules are not getting their paycheque. Instead they’re getting downsized, right sized, merged, and purged, said Paul. How appropriate this statement is.
One can therefore state categorically that self employment it is for 2009 and beyond, that self employment is the solution to the recession bug, the job loss bug.
The staff at BusinessWeek agrees: “Economists agree that further mass layoffs will continue in 2009, and the unemployment rate could reach the double digits. That means workers will turn creative about job opportunities. Look for freelancing and small business applications to explode as laid off workers attempt to strike out on their own.”
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Comment by Janet Collins
Acceptable Etiquette
The Social Critic
Janet Collins Blog
Avoiding scams that promise the earth is another pitfall but if anyone can make self-employment work for them it far beats having an employer who can cut you loose at any time.
Comment by sam sall
Speech Starter
Health Matters
THANK you Janet for your valuable comment .......iit is very true some advertisers is using people desperate needs for a job and misleads them by false hopes but one shouls know that good results need hard consistent efforts and should find an innovative way to make his or her effort stand in the crowds
hi Vinay thank you for your visit and i agree with you there is always a light at the end of the tunnel and we should go on