You are Fired Now. What we do JUST NERVOUS. NO. PROBLEM READ THIS ARTICLE TO KNOW WHAT WILL WE DO..

 A couple of weeks ago I received a distressing call from an old colleague whose well-funded and well backed employer shutdown overnight. 

As she shared the news of over 350 stranded employees, it dawned on me that this is the same story across so many organisations & startups. 

God forbid, that this happens with anyone , here are some insights on what to do in the first few days after suddenly losing your job. 

Here are 9 essential points to consider:

🔥 Take a moment to absorb the news: 

It's natural to feel shaken and upset. Allow yourself time to process the situation and acknowledge your emotions before taking action.

🔥 Assess your financial standing: 

Sit down with your spouse/partner and evaluate your financial situation. Take stock of loans, EMIs, and your inflow of funds. Determine how much liquid savings you have and calculate your runway—knowing how long you can manage without income can alleviate some pressure.

🔥 Compile a list of contacts: 

Create an Excel sheet with the names and details of colleagues, bosses, and professional acquaintances who can provide referrals or job leads. Treat it as you would a sales prospect list—networking is crucial during this period.

🔥 Avoid impulsive decisions: 

While the urgency to find a new job may be overwhelming, it's essential not to jump at the first opportunity that comes your way. Exercise patience and wait for the right opportunity that aligns with your goals and aspirations.

🔥 Evaluate business ideas: 

Use this transitional period to work on that business idea you've always wanted to pursue. Evaluate its feasibility and potential, and consider whether entrepreneurship is a path you'd like to explore further.

🔥 Freelancing or consulting: 

While searching for a job, consider freelancing or offering consulting services to generate income in the meantime. Leverage your skills and expertise to provide value to clients and keep the cash flow steady.

🔥 Explore upskilling & enhancing your knowledge: 

Take advantage of the downtime to invest in self-improvement. Identify areas for professional development, enroll in online courses, attend webinars, or acquire certifications to bolster your skill set.

🔥 Maintain a routine: 

Establish a daily routine that includes job searching, networking, skill-building, and self-care activities. Structure and consistency can help maintain focus and motivation during this challenging period.

🔥 Seek guidance: 

Don't hesitate to seek professional career counseling or guidance from experts in your field. They can offer insights, strategies, and support to navigate the job market effectively.

Remember, losing a job can be disheartening, but with the right mindset, resilience, and proactive approach, you can transform this setback into an opportunity for personal and professional growth. 

Stay positive, keep moving forward, and trust that new doors will open along the way.

#SamparkSeSampark

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