Radical Personal Finance REPLAY 194-You Just Got Laid Off. Here's What To Do Next!
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Sep 12, 2019 In this insightful discussion, listeners learn crucial steps to take after a layoff. The talk emphasizes the importance of acting swiftly, whether through massive action or thoughtful strategies, depending on one’s financial situation. Confidence rebuilding through purposeful activity becomes a focal point, alongside effective job-hunting tactics that include mobilizing networks and being targeted in searches. For those with some financial margin, it’s a chance to explore new opportunities, retrain, or even embrace mini-retirements during tough times.
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Move Fast To Buy Yourself Time
- Move immediately after a layoff: take one or two days to process, then act with full intensity.
- Action preserves options and prevents desperate, short-term decisions that cost you long-term.
Confidence Decays With Long Unemployment
- Self-confidence erodes quickly with prolonged unemployment and makes re-employment harder.
- Maintaining confidence through focused activity is critical to a successful job search.
Treat Job Search Like Sales
- Treat job hunting like sales: take massive upfront action to fill your pipeline quickly.
- Apply broadly and intensely early so interview cycles can run and offers can appear later.
