Recession Talk: Who’s In Charge of Your Career?

With all the company layoffs going on lately, you’re probably either really worried about being laid off, or have already been so. Either way if you think about it you don’t really have control of the situation.

Many career experts and advisers talk about how to do well in interviews, who’s hiring, what degrees you should get, what careers are hot, what industries are growing, etc. There’s some good information there, but it comes with an implicit belief which is never mentioned: the employer is in charge. As we grow up we are told to do well in school so that we can get a good job, get a college education so that we can be marketable, and so on. After years of layoffs, downsizing, rightsizing and restructuring the idea that employers will provide you with a lifetime of secure, well-paid employment are long over. So now I want you to take charge of your career. The biggest stumbling block to making more money is your thoughts about money and your perceived self-worth. Of course, making money takes effort and lots of action but I find that before this can take place, you need to change your way of thinking.

This might be a good time to take back control of your career. One way is to consider consulting. The hourly rates are much higher, you pay less taxes, have all sorts of deductions and control your work schedule. Take a few months off in between contracts if you want. I save lots of money during my contracts so I can take months off whenever I want. I even went back to college for jazz guitar at age 36.

Even as an employee, you can change your mindset. Keep learning. Take some night courses. Do lots of networking and enhance your profile online by writing a blog, articles, and so on. Establish yourself as an expert and have a network you can use to change jobs whenever you want.