Point to ponder: I have a job but is that really security?
Job Security – is it still relevant?
I held a corporate job for the last decade and it is a typical setting on most days.
Make no trouble > Be a team player > Perform consistently > Climb the corporate ladder when opportunities come along
I love what I do but…
Over time, I wanted to get out of my job despite the passion for what I do. I am a Recruiter and for over 8 years, I help companies find the talents they need. It is a very meaningful role especially when I get to help people land the job that will improve their career, support their family better.
Recruitment is still my passion but you can’t beat a volatile economy and despite every effort
I have put in over the last decade, I went through 2 redundancies in the past three years as a result of takeover and company restructuring.
The scary thing is that this just ain’t about me! I also witnessed a lot of mid to senior employees going through forced career moves. It wasn’t a pretty situation, especially when you have a family to feed, bills to pay.
UNFORTUNATELY, this isn’t only happening in my industry.
A job no longer gives you security…
Then…should we just quit our jobs?
My take on this is quite simple.
Not unless you have enough savings to fall back on and a concrete PLAN for your next move.
BOTH are equally important!
I am not saying being employed is a bad thing, most of us start from there. It is a very normal way of gaining experience and also the most direct source of income, enabling us to start repaying whatever college/housing/misc debts we have chalked up. However, over time, you shouldn’t just be depending on active income without any backup.
Consider this…do you have a parachute plan if any of the following situations struck you?
- Put out of a job because of being ranked subpar in performance
- Made redundant because you performed VERY WELL and now everything is smooth on AUTOPILOT
- The company isn’t doing well ==> manpower cut!
- Mergers and Takeovers
- In a job but…absolutely NO control of your own time and space
- Long work hours, and no time with your loved ones
- 3-4 hours of daily commute
- Health Issues due to the above stress inducing factors
These are real issues which I gathered from interviewing thousands of job-seekers over the past 8 years.
It is not too hard to see where all this is leading to. We can’t rely on jobs to see us through. There are just too many uncertainties and this negative trend is not slowing down either.
What’s the alternative?
Starting a business (brick and mortar or online) comes with its own risks, and immediate success is not guaranteed.
As an entrepreneur, there is going to be hard work, patience and the grit to muscle through all that setbacks before SUCCESS finally sets in to free you from the 9-to-6 grind and I am not even sure it is just 9-to-6. You probably work longer and extra hours after leaving office. 🙁
Interested to achieve financial independence and not being totally reliant on your 9-to-6 job? There are various alternatives and I have written a blog post on how you can get started on educating yourself to MAKE A CHANGE TODAY.