Unemployed? Learn How To Start Your Own Business
I started my own business in 2011 after being laid off from a local college as a department head for nearly 10 years. The recession hit both Florida and my industry (interior design) very hard. In the county that I live in, thousands of people lost their homes due to foreclosures and ended up homeless or semi-homeless living in hotels. Sadly, homeless and semi-homeless people do not re-design their homes.
I had worked very hard at the college all those years. I had put in long hours, missed precious time with my family, dealt with a long commute, and I felt I had nothing to show for all my hard work. The college has since shut down.
I found myself suddenly unemployed. For some this transition happens all at once, for others, we either know its coming or hope to escape our full-time job long before the actual day.
Here are some tips on how to start your own business after unemployment
1.Document Your Entrepreneurial Journey
Get your thoughts in order first. Take a few minutes each morning to journal your goals, frustrations, and plans. At first your frustrations may consume your thoughts, let them flow out all over paper as a release then turn the page and start writing about your new goals and plans. Document your journey – use a notebook or a tool like Evernote to document your journey. I use Evernote and keep folders called Morning Pages, Night Pages, & Burning Questions (see #13) You’d be surprised how often I refer back to earlier notes when similar issues arise.
2. Evaluate Your Assets and Strengths
Take out a notebook and write down everything you have that can help your start-up. Start with your friends and family are they supportive and helpful? They are a valuable asset to you. Then move on to things like a car that runs, a laptop, a nice digital camera, and a smart phone. Next write down all the skills and personality strengths you have that can help your business.
3. Ask Yourself A Power Question Each Day
What is the one thing that I can do today to make some money to support myself and my family? This may lead to selling extra items laying around your home or looking at websites like Guru or Elance to see what services you can offer.