GM Goes Bankrupt

No matter what you think of GM, this is a sad time for employees of GM and related businesses (dealerships, suppliers) as many will lose their jobs.

I’ve been saying for years that there is no job security, and this only reconfirms that fact. I was laid off after 1 year on my first job out of school which looking back was a blessing in disguise. I ended up taking control, started contracting and made way more money than I would have as an employee. I’ve become more entrepreneurial starting online businesses, and now working entirely from home.

If you’re still lucky enough to have a job, take this opportunity to take control of your career. Start supplementing your income with an online business, reconnect with your network, take some courses, do some interviews for new jobs, pay off debts and so on. Many wait way too long to do this and are caught off guard.