We live in a time of great uncertainty. The economic news, generally, has not been good. More and more companies are laying off. People are talking. They are talking about their uncertain futures. Will they be next? Will they avoid the budget ax? The conversations continue. Unfortunately, what I am not hearing in these discussions is a "plan B."
I hear the concern in people's voices, the worry. And more than a few times I asked "So, what is your Plan B?" And was looked at like I was crazy! I continue," What are you doing, right now, in case you are one of those who lose their job? The blank looks are frightening.
I ask this question not only because jobs are at risk in today's economy but because, even in the best of times, I am preaching, "start your own business!" It can be a side or part-time business while you keep your job. The best time to do this is when you already have an income. If you can launch, adjust and proceed or abort a business while you have a job, you are in a much more secure position than if you don't.
I believe, from hard experience that no job is secure and one source of income can be a fatal mistake. After all, any jerk can walk in one morning and tell you you're fired. And, had you put a second income in place, a part-time business, you are in much better shape. You now have the option of growing your business. This because you had a plan B.
Now, I realize starting your own business is not such a simple cut and dry thing. There are issues of having a viable idea, writing a business plan, funding and so on. And probable the biggest reason that people don't take action-fear!
In coming articles, we are going to explore all of these issues and more. But for now, I just want to know, what's your Plan "B"?