Recession Proof Your Life Part 5

This is the 5th and final installment of my series on Recession Proofing Your Life.  In this blog, I talk about where you really want to be going in the long(er) run and that is owning your own business, the statistically best chance for you to become a millionaire.

Part 5 – The Real Opportunity

In my wealth coaching practice (a hybrid of business and life coaching), I have talked to any number of people – peers and clients – who have said “losing my job was one of the best things that ever happened to me.” ‘Why is that?’ you might ask. Because it forces us to re-evaluate our job situation and, hopefully, the rest of our lives. We all too often get weighed down by “what is.” What we’re used to, the status quo, not rocking the boat, etc. Often, we attach far too much importance to a J.O.B. and rely on them not only for our self esteem, but as the focal point around which our lives are defined.  Some people are lucky and really love their jobs. The last I checked, the percentages who claimed this mythical status was in the low 20% of those employed for someone else (the number goes up significantly for the self-employed). In general, being an employee turns out to be better than nothing (quite often a true statement) and the path of least resistance.   In the current economic climate, the best job in the world could indeed be the one you have (last Friday’s unemployment numbers were the worst in years) so let me say this again: THERE IS NOTHING WRONG WITH HAVING A JOB.  However, in my experience, the employee route is typically - there are always exceptions - antithetical to growth and keeps us from our full potential as human beings. Read more

Free Financial Literacy and Business Training Courses

This is a quick post to let anyone who is reading my blog to have access to this really cool blog posting that I found today.  It is a collection of free resources/courseware (lectures, problems. white papers) from leading universities (MIT, Carnegie-Mellon, Columbia, etc.) on entrepreneurship, business and finances.  They range from good, everyday guidance and info to more esoteric stuff which is of questionable value to anyone but a rocket scientist.

But, it’s all free and chance to get something from the leading educational institutions without selling your first born.

You can find it all at this entry from the Cultivate Greatness blog.

Entrepreneurship Is On Hold

I’m serious … I’ll write more about this soon but the realization just hit me that the approach I have been taking with clients and in my talks to various groups about being more entrepreneurial may be less appropriate given the current economic climate.

I’m going to have to think more about this …  stay tuned, check back soon, dont be a buffoon stay away from monsoons.

You don’t need a Weatherman to know which way the wind blows.

Indeed.