What do you do when you lose your job??


What do you do when you lose your job??!!

I have per­son­al­ly lost my job…twice. No notice, no sev­er­ance, no noth­ing, just gone.

If you have recent­ly lost your job, what in the world are you sup­posed to do??!!

Here’s my caveat…If you have 6 — 12 months of month­ly expens­es saved up, just ready to cush­ion your fall, first off, GREAT JOB!! Sec­ond off…you prob­a­bly don’t need this arti­cle, cuz’ you already know what side of the street the sun shines. 😉

How­ev­er, if you’re like MOST of us, you prob­a­bly don’t have 6 — 12 months of month­ly expens­es saved up. So for you, I have some ideas that will help!

1. BREATHE! Yes, seri­ous­ly breathe. More oxy­gen in your lungs means you will stay calmer and have more oxy­gen in your brain to help you solve this.

2. Don’t pan­ic. Ok…panic a lit­tle bit, just enough so that you take it seri­ous­ly, then go back to instruc­tion #1 and breathe. I per­son­al­ly believe that every­thing hap­pens for a rea­son, and that rea­son is there to SERVE you. This is easy to believe when every­thing is rain­bows and but­ter­flies. Hard­er to accept when you just lost the way you pay your rent. But try it on any­way, it will help.

3. SIMPLIFY!!! Take a good, hard look at your spend­ing and get rid of any­thing (and I mean ANYTHING) that you don’t need! Star­bucks, take-out food, expen­sive wine, going out, mani-pedis, golf, movies, CABLE TV (yup, I said it.) You can still watch your favorite shows on Hulu, and that’s FREE!

4. Imple­ment a “Spend­ing Freeze”. This is dif­fer­ent than sim­pli­fi­ca­tion. This is dif­fer­ent than look­ing at your bud­get and get­ting rid of unnec­es­sary spend­ing. This is lit­er­al­ly, stop spend­ing mon­ey. Stop tak­ing mon­ey out of your wal­let. Do you need some food, and some gas and to pay your elec­tric bill? Yes. How­ev­er, that trip you planned to Vegas, new mas­cara, get­ting your car washed, and the $3 tank top that’s on sale at Tar­get is off lim­its. (Just for now. This will not last for­ev­er, you just need to make sure you stop any pos­si­ble finan­cial bleed while we get you back on your feet.)

5. Get CREATIVE. Do you already own a busi­ness?? (If not, START ONE. It’s always a great idea to have mul­ti­ple streams of income.) If you own a busi­ness, focus more atten­tion on how you can increase your cash flow with your busi­ness right away. The name of the game right now is CASH FLOW. So, can you run a pro­mo­tion, do some free mar­ket­ing, go to some net­work­ing events and PROMOTE? What you don’t have is a job…what you have more of is TIME. Get cre­ative with your time so that the activ­i­ties you’re doing are bring­ing you more cash flow. If you don’t have a “busi­ness”, where else can you cre­ate imme­di­ate cash flow? Remem­ber the name of the game is get­ting cre­ative and think­ing out­side of the box. And seriously…if you don’t have a busi­ness or some oth­er stream of income, start look­ing for that too. You don’t want to be caught with no oth­er income stream ever again.

6. Don’t wait. Don’t wait to get your resume out, call your busi­ness con­tacts, run a pro­mo­tion for your cur­rent busi­ness, start a free (or super low-cost) side busi­ness, etc. Do not wal­low around in your sad­ness and fear over los­ing your job. I’m not say­ing deny your emo­tions. Feel your feelings…and get mov­ing! Put the word out to peo­ple that can help. Let your smart friends and smart busi­ness con­tacts know that you’re avail­able for work, and ask for sug­ges­tions. (Remem­ber I said your SMART friends and busi­ness con­tacts. Don’t let your broke friends drag you down low­er.)

7. Trust. You’ve come this far my friends, you WILL be ok. Espe­cial­ly if you’re get­ting cre­ative and mov­ing towards cash flow. 🙂

8. Stay POSITIVE. I know it’s hard right now. I promise you, I know. But you already lost your job. Now it’s up to you to choose how to live each day. I guar­an­tee you that stay­ing pos­i­tive (which helps keep you in motion) will help.

You will have a new job, or busi­ness, or more cash flow before you know it. So, take my advice. It helps. I promise!

If you have any tips of your own, please leave them as a com­ment!