Finding A New Career In A New Economy

Some of us may find ourselves in the unfortunate position of either being laid off in a declining industry or without a job altogether. Some people have been in the same career or working for the same company for their entire working lives and find they have suddenly been thrust into the world of the unemployed. You may have a business that is being adversely affected by the economy and find that it’s time for you to find an additional source of income. It can be a very scary time, especially in this economy where unemployment is at an all time high.

Luckily, for those people with an open mind, there is a great deal of opportunity out there. In many cases you will need to re-invent yourself. First of all, you need to decide what it is you want to do. If you plan on changing careers, and not just your place of employment there will likely be some re-educating you will have to do. Lucky for people today, much of our learning can now be done on-line whether it’s through workshops, tele-seminars or full credit university programs.

There are some things you should consider before you embark on a new career. First, choose an area of work that you enjoy. It is human nature to do well at what we love and don’t let people tell you that you won’t love it anymore if it becomes your career. Secondly, think about choosing something that you already have some experience or education in so that your learning curve will be shortened somewhat and you can get down to business sooner. Third, whatever business you choose, do the things that you are best at and outsource the rest so that you don’t get dragged down in the everyday running of your business. Fourth, try to choose an area of business that has a fairly quick start up time with minimal cost. And lastly, strongly consider the type of business that is doing well during this economy and is recession proof.

If you do choose a business that isn’t prospering in this economy, look for areas of that business that complement this market. So for example if you became a real estate agent, your first choice would not be to work with buyers with zero down-payment. Instead, you may want to focus more on foreclosures or short sales.

Open up and investigate your options for selling. For example with the ability to now sell over the internet, your prospect and customer reach expands tremendously. Where in the past you may only have been able to sell a specific product or service in a store front in your local community, you can probably now sell that product or service over the internet half way around the world.

Take into consideration how you are going to market your new business. Use systems and processes that not only take care of lead generation but also provide follow up. This gives you time to focus on your core business and at the same time maintain a balanced lifestyle.

A quick way to start making money with relatively little start up costs is through an affiliate program selling another company’s products or services. This is also a good way to work in an industry or niche that you love. Do some searching on affiliate programs in that particular niche market.

You can also consider On-line Training if you like to teach or have an On-line store if there’s a specific product, or products you want to sell.

If you’re embarking on a new career, study from the best in the niche market that you chose to work in. Our ability to do this has now also become so much easier with the internet. Whereas before we may have only had the ability to study from someone that was local, our reach has expanded globally through online training. Talk to others in the niche that you choose, to discover where they have found challenges and successes and learn from their experiences.

Finally take on your new career or project with a positive attitude. Remember that people like to deal with enthusiastic positive people that are excited about what they do and what they have to offer!

If you’re embarking on a new career, find some niche marketing strategies that you chose to work in. Our ability to do this has now also become easier with the internet.