Make Your Career Setback a Catalyst for a Major Comeback

Many men and women, as we get older, come to be increasingly defined by their careers. This commingling of work and identity makes termination, or forced resignation, devastating for many – writes Larry Mager of www.readybrain.net

When combined with the loss of a paycheck, starting over professionally can be an absolutely crushing prospect. However, with a self-administered kick in the butt, the loss of a job can be the opportunity for a triumphant career rebound. Those searching for their next professional step should consider the pros of starting their own business.

Get Over It

The first step in a career comeback is getting over the blues. Forbes outlines the stages of getting fired, which begin with grief. Feelings of fondness for your old job are natural, but you are also likely to feel some pangs of resentment over how it ended. However, one should move as rapidly as possible to the stage of ‘having difficult conversations’. This means assessing what you may have done wrong, and how to avoid similar mistakes going forward.

Once you have gathered yourself and extracted all valuable lessons from your firing or resignation, it is time to put serious thought into your next move. For those with a family, this may mean applying to temporary jobs to remain afloat. People are depending on you, and some form of paycheck aside from severance may be necessary. Once you have secured short-term financial gain, it is time to begin thinking about big-picture career moves to pursue next.

Got a Hobby?

If you already have a hobby or side passion, consider if you can make it work for you. If you can get paid to do what you love, this is ideal. Fast Company offers great advice for those considering their next career move, and starting your own business is one way to maximize your happiness and earning power. If you can somehow transition your part-time hobby into a full-time business, you have a built-in route to professional redemption.

Many people will be in search of something radically different in their new job or career. Former cubicle-dwellers may be seeking something more active. One possibility that is both active and highly gratifying is becoming a dog walker.

A excellent resource for anyone looking for a dog walker, or indeed considering the benefits of becoming can be found at Your Dog Advisor

Whatever your passion, hobby, or side hustle, consider whether it can translate into a full-time job or career. This line of thinking will be the shortest route toward a paycheck – since you already have some expertise – as well as long-term professional gratification.

Starting a Business the Right Way

While the effort to get over the termination blues should be hasty, one’s approach to starting a new business should not. Diligence and hastiness should not be confused. Hastiness means rushing, while diligence means working hard to accomplish a goal as quickly as possible.

Make no mistake about it, launching a successful business will require heaps of diligence. The Internal Revenue Service has a checklist for those starting a new business that will ensure you stay on the right side of the law. Next Avenue advises that a potential business owner first conduct his research. This means examining the need for a good or service within the marketplace.

The most painstaking task in starting a new business is likely to be the formation of a business plan. Fortunately, templates for creating a plan abound, but it will take time to apply the template to your own business model. Clearing this hurdle means that you are serious about paving your own road to success.

Conclusion

Feelings of rejection and worthlessness often seem unshakable after a firing. However, one must act quickly to overcome these feelings, pulling themselves up by the bootstraps to restart their professional life. The next step in professional redemption is considering what you should pursue next. Consider your hobby as a full-time job, and consider whether it is possible to start your own business involving this passion. All professionals in limbo should consider the feasibility and upside of starting a business before settling on their next career move.

About the author

Larry Mager was laid off from his teaching job several years ago, and was pretty low; he’d lost a job he loved, and didn’t know what he was going to do next.

But then a funny thing happened. His neighbor came to him desperate to find a tutor for her son, who was struggling in school. Larry offered his services as a temporary solution.

Fast forward two years later and he’s running his own tutoring business and making progress with his mental fitness website, Readybrain.net.

He’s never been happier, and wants to help those going through a tough spot in their careers feel like he does.

A recent study found an average of 217,000 pieces of consumer data were compromised during a typical data breach last year, indicating that smaller businesses are increasingly becoming victims.

To help with this growing issue, we created a guide to help small business owners navigate the process of obtaining cyber insurance – here

Finimpact – How to Write a Business Plan (Like a Pro) – here

Upwardexits – How to Start an Online Business and Start Making Money From Home – here

Profitable Venture – Guide To Writing A Business – here

The Top 60 Remote Work Websites for New Opportunities in 2022 – here