Eden Huang, IBFQ’s Post

Getting laid off can be a blessing in disguise because it gives us the time and space to start thinking about the bigger picture in our career trajectory, particularly around legacy building and work-life compatibility. Do your current career goals align with what you want to leave behind in this world? Consider how many years you want to work and how much money is enough. Then, ask yourself the following: 🍋 What are the financial milestones your career is helping you achieve? 🍋 What are the personal milestones your career is helping you achieve? 🍋 How many income streams do you need to: - Reach your career milestones - Reach your personal milestones - Maintain the lifestyle you prefer - Retire at the age you would like to Check out Part 1 of our Layoffs to Lemonade webinar and learn how you can take those first steps to turn a layoff into lemonade: https://lnkd.in/eQGAp4Gy

Valuable lessons that we all must learn. Even better if we can learn them from others and avoid some of the struggles that will teach us if we don’t.

My friend wants to quit her job and be self employed. But she is scared and anxious as she always felt “safe” working for a company. If you have been following all the layoffs you will know by now that no job is safe when you work for a company. She is always stressed at work, and she doesn't get enough £££. Plus the new opportunity will give her more flexibility. Once I read someone saying: "at every job you should either learn or earn. either is fine. both is best. but if is neither, quit". and I couldn't agree more with this. I had another friend few years ago, asking me the same advice. and my answer was the same: Yes, moving from working for a company to be self employed can be scary. But you need to do what is best for you and what will make you happy and proud. Not everyone was born to be in the corporate. Not everyone wants to work for themselves. If you are feeling like my two friends, make a list with pros x cons for the new opportunity and another list with pros x cons of your current role. In the end of the day, yes - you are very welcome to ask me for advice, but only you and only YOU can decide what is better for you. Agree? 💜

The job market is rough right now. Layoffs went up 98% in 2023. I've been applying to jobs to use my experience and add even more income for 4 months. I have an MBA and hella qualifications and experience building a six figure business. A lot of people I know are also applying and interviewing without progress. I didn't get a job yesterday and wanted to share how I important it is to be patient with yourself and surround yourself with supportive people! I told me friend I was feeling down yesterday, and she reminded me of why I even started my business- for financial independence and not having to rely on anyone. It's so important to have supportive people who remind you of who TF you are because capitalism is rough!! I'm sharing this to also remind myself of why I'm hosting my free business finances con confianza class- to normalize diversifying income streams, especially in this economy is more important than ever. Join my class that's starting in an hour! Join business finances con confianza at 9am pt/12pm et by signing up HERE: https://lnkd.in/g7fs_ZkN

Why I cleaned my car on my first day of unemployment? Since time immemorial, humanity has found solace in rituals. These ancient practices allow us to cleanse our minds, wash away negativity, and embrace fresh beginnings. Today, I'll share why I chose to clean my car on the day I officially became unemployed. Facing group layoffs can be emotionally draining. After six challenging months, I stood at the edge of unemployment. Instead of dwelling on uncertainty, I decided to take action. Deep cleaning my car became more than a mundane task—it held symbolic significance. For four hours, I scrubbed away dirt, focusing on something unrelated to my desk job. Just as I polished the exterior, I also cleansed my mind🧘♀️. I am ready for a ride! Now, as I embark on this new chapter, I see it as a beautiful voyage of self-discovery. I'll rest, prioritize well-being, and make choices that lead to a fulfilling life.

Been laid off recently?  Yes, it sucks. After a disruption like a layoff, our energy reserves are low and our sense of identity doesn’t feel as grounded.  We’re here to tell you that being let go doesn’t have to spiral into sour times for your career if you take specific actions to move from a place of hurting to healing. The truth is, there’s no replacement for time and its magical healing powers: take this time to find joy, to reflect in writing or in conversation, to rest and to re-energise. We make our wisest decisions when our bellies and our hearts are full and we’re tuned into our purpose. Check out Part 1 of our Layoffs to Lemonade webinar and learn how you can take those first steps to turn a layoff into lemonade: https://lnkd.in/eQGAp4Gy

Been laid off recently? Yes, it sucks. After a disruption like a layoff, our energy reserves are low and our sense of identity doesn’t feel as grounded. We’re here to tell you that being let go doesn’t have to spiral into sour times for your career if you take specific actions to move from a place of hurting to healing. The truth is, there’s no replacement for time and its magical healing powers: take this time to find joy, to reflect in writing or in conversation, to rest and to re-energise. We make our wisest decisions when our bellies and our hearts are full and we’re tuned into our purpose. Check out Part 1 of our Layoffs to Lemonade webinar and learn how you can take those first steps to turn a layoff into lemonade: https://lnkd.in/eQGAp4Gy

Thank goodness I got laid off. 🚪 = 💡!! The day I was laid off was the day my entrepreneurial journey began – and it can be the start of yours, too. Soon after 9/11, as I walked into a meeting with my managers at a big staffing company, I knew what was coming. Armed with my folders and lists, I faced the moment with courage and preparation. When they delivered the news, I didn't flinch. "You're so professional," they remarked. "I'm prepared for this," I replied. What happened next changed my life. They looked at me and said, "You don't need us. You can recruit on your own, start your own agency." So, I did. Now, 23 years later, I'm still thriving as an entrepreneur. If you find yourself facing a layoff or role elimination, remember this: don't be scared. Sometimes, those roles aren't the right fit for you. The best thing you can do is be prepared. It happens to everyone, from junior employees to top executives. When you walk into that meeting room, stay calm, cool, and collected. Ask questions, fight for your severance, and most importantly, view this as an opportunity. Another door has just opened – are you ready to walk through it?

I've been posting rather sporadically, but I'll be getting back into my rhythm again. Just recently had a friend laid off with over 10 years of experience and with probably around 6 years at that particular company. I was laid off last year. Also seen one of the most prominent names in the software world get laid off out of the blue as well. What have I learned after seeing the lay-offs going on? No matter how secure you think you are, you aren't THAT secure. You don't own the company so they can and WILL lay you off if it aligns with the business's best interests, namely profits. It is good to work hard, but completely dedicating your life to work or a particular company is a foolish proposition. You are a 'Googler' or whatever until your company feels it needs to reap more profits and then you are gone. What is the conclusion? Do high quality work but ALWAYS make sure you are quickly employable, hence stay active on linkedin and stay networking even if you like your current job. You are only as good as today's financials. Also, your life's purpose is NOT work Work is a PART of life, not the entirety of it. It's fine to take time off and do something you enjoy. The last thing you want in life is to be old and then realize you gave your complete life away to an entity that doesn't care for you.

You can do a great job and still get fired! I didn’t learn that lesson until I was 42.  After it happened, I called my husband, cried and headed to the bar. After my meltdown, I had some decisions to make. I didn’t want to be in that position again. I wanted to work for myself.  I started a business. It was the “Great Recession”, but I did it anyway. It took longer to generate revenue than I expected.  I felt like a failure, and I wanted to quit. Instead, I looked at my results. I knew I had to do something different. I decided to adjust and keep going.  The revenue started coming in. The moral of the story: If you want different results, you must think differently. If you want to learn what thoughts need to be changed visit my profile and schedule a free Discovery call to speak with me one on one and together, we’ll create a plan to get you what you want.