paNASH blog


How to Avoid These 5 Career Mistakes During a Time of Panic

Voiced by Amazon Polly

Are you starting to panic a little about the future?

If so, be careful how you make any upcoming decisions about your career. Especially if you’ve lost your job due to the current economic situation.

You can end up making several career mistakes by letting fear or panic drive your decisions.

5 common career mistakes made in a panic

There are five common career mistakes I see people make when they find themselves in a bad job market and panic. These mistakes are:

1. Taking the very first job you’re offered

Allow yourself as much time as you financially can to find a job that’s the right fit. This prevents you from having to go through yet another job search six to twelve months later.

Learn more in my post, “What You Need to Know About Job Loss”:

What You Need to Know About a Job Loss

2. Not negotiating a higher salary or better benefits

Even in a tight job market, most employers expect you to negotiate before accepting the first offer. If you can’t negotiate salary, there are some other things you can negotiate, like better benefits or being able to work from home a few days a month. Either way, don’t make the mistake of leaving money on the table.

Learn more in my post, “How to Make Smart Investments in Your Life and Career”:

How to Make Smart Investments in Your Life and Career

3. Going back to school when you can’t find a job

I remember back during the recession of 2008, a lot of people who couldn’t find jobs went back to school to get their MBA. They thought this would make them more marketable once companies started hiring again. However, it doesn’t always make sense to get deeper into debt. Especially if you don’t know yet if an advanced degree will help you.

Learn more in my post, “How to Know If You Should Go Back to School”:

How to Know If You Should Go Back to School

4. Signing on to an MLM

Speaking of avoiding debt, don’t be tempted by empty promises of earning big money fast by signing up with a multi-level marketing company. This is probably the BIGGEST career mistake you can make. Don’t be swayed when someone you haven’t heard from in forever, all of a sudden wants to get together to discuss “a wonderful opportunity“. It will cost you money both upfront and in the long run.

Learn more in my post, “You Shouldn’t Have to Pay for Your Paycheck! How to Beware of MLMs”

You Shouldn’t Have to Pay for Your Paycheck! How to Beware of MLMs

5. Not taking advantage of career coaching and career resources.

Perhaps your hard-earned money would be better spent on career coaching to help you figure out your next step. paNASH was recently voted as one of the top eight coaching services in Nashville for the fourth straight year in a row.

But if you don’t have the money for one-on-one career coaching, there are several free and affordable resources here on the paNASH blog and in the paNASH video library.

Learn more in my post, “Get Unstuck! How to Know When It’s Time to Invest in a Career Coach”…

Get Unstuck! How to Know When It’s Time to Invest in a Career Coach

…and my post, “How to Know When to Get Career Help”:

How to Know When It’s Time to Get Career Help

More resources

While the job market is uncertain right now, three paNASH clients have been hired for new jobs in just the past few weeks. One of whom who had multiple offers to choose from.

Now is not the time to panic or lose hope. It’s time to do what’s within your control, which includes making good decisions based on logic, not fear.

Here are some additional posts to help you:

3 Ways to Gain Control Over Your Career in a Recession

Voiced by Amazon Polly

The past few weeks have been difficult for a lot of people. There are people who are sick from the coronavirus and missing their family members. Others have been working from home, or worse, been laid off. And we’re all facing a looming recession.

There was so much “white noise” on social media last week you may have missed my previous posts, including three different ways to help you gain some control over your career in these trying times. In case you missed it, here’s a compilation of those three things you may find useful now or in an upcoming recession.

How to gain control over your career amidst layoffs and a recession

Maybe you’ve been fortunate enough to continue working from home during this coronavirus quarantine. But perhaps you haven’t been so lucky.

Some folks have been told not to report to work. And since their job doesn’t lend well to remote work, they’re having to use precious vacation or sick days. Or worse, they’re being laid off.

If this is you, or could possibly be you in the near future, you probably feel like you have no control over your current career or job situation.

But, there are some things you can do to help you feel a little more in control, and can help you be better prepared in the event of a job loss.

1. Stay in control by updating your resume the right way

If it’s been a while since you last updated your resume, now is a good time to do so. It’s definitely more productive than spending your time watching Netflix while quarantined!

I’m sure there are several things you need to add to your resume since you last updated it. Which means you need to make room for those new things.

So how do you know what to get rid of to make way for the new info? I have several free videos, including one entitled:

What NOT to Share On Your Resume: 13 Things You Should Delete Immediately

You may not realize it, but there are probably some things on your resume that are hurting your chances of landing a job interview. They need to go! Find out what they are before you send your next résumé out by watching the video.

Once you’ve updated your resume, you have a chance of getting a free resume critique from paNASH. Details are available in the video.

2. Be prepared to become a freelancer during a recession

Even if you’re still able to work during the coronavirus quarantine, whether from your office or from home, let me ask you something:

Are you prepared to be a freelancer if forced to?

Think about it. If you lost your job tomorrow and couldn’t find another one right away, would you be able to pick up and start making some extra money?

Do you already have some other streams of revenue in place, like freelance work or a side hustle?

I’ve previously written about the importance of having multiple streams of income. You can’t rely on only one stream because it could evaporate tomorrow.

I’m not saying this to cause you to panic. Instead I say it to help you feel more productive and a little more in control of your current situation.

How to create multiple streams of income

Here’s what you have some control over. Sit down and make a list of skills you have that others would pay you to perform because they lack those skills. Also add to your list anything you own that others might want to rent on a short-term basis.

Decide which items on your list will take the least amount of time to start earning the most money.

Then, get the word out. Use your current social media profiles to do this. And join platforms you’re not already using. Start with the ones that make the most sense for your product or service.

You may be surprised what kind of response you get.

Forced to be a freelancer

Recently, my hairstylist’s husband was in between digital marketing jobs. Although he received several interviews and offers, the offers weren’t financially feasible based on his experience and the potentially long commutes.

While holding out for something more financially feasible, he took some home improvement jobs as a side hustle since he’s good at this sort of thing.

When one side hustle opportunity was completed, another one came along. Then it got to the point where he had so many side jobs to choose from it made more financial sense to make this his full-time gig!

He’s now making more money doing home improvement than he would’ve if he’d stayed in digital marketing.

Need help becoming a freelancer?

If you need help with the steps of starting a side hustle or work opportunity for yourself, let me know. I’ve successfully transitioned to working for myself and have helped several clients do the same.

3. Getting laid off? The #1 thing to ask for when you leave

Getting laid off is difficult and scary. It’s happening to so many people right now due to a recession caused by the coronavirus. It can make you feel like your career and your life is out of control.

On some occasions you can convince your boss or company that you’re worth keeping around. Such as when you’re able to show your past contributions to the company and the savings of letting you work remotely, using hard data. Hard data gets people’s attention.

But if your data doesn’t outweigh the data that supports letting you go, there’s still something you can negotiate.

Outplacement counseling

You can always ask your company to provide or include outplacement counseling in your severance package.

Outplacement counseling is simply another term for career coaching or job search assistance. It’s set up to help you find your next job more quickly, and to make a smoother transition to it.

Many companies already offer it in their severance packages. I know this because I’m often one of the people they pay to provide such a service for their employees.

Take advantage of outplacement

If your company already offers outplacement counseling, take advantage of it! I’m always surprised at how some people just toss this benefit aside. Their company has already paid for the service, yet some employees think they don’t need it.

Even if you don’t think you need outplacement counseling, use it! If you already have another job lined up, use it to help you prepare for your first year in your new job.

Career coaching isn’t just for helping you find a job. It’s also for helping you succeed in your next job and building your career. And everything discussed in your coaching sessions remains confidential. It will never be shared with your past employer.

Ask for outplacement

If you’re getting laid off due to the coronavirus, and your company doesn’t offer outplacement counseling, ask for it! What do you have to lose at this point?

If your company needs convincing, help them understand how it not only benefits you, but also their business. It protects the company’s brand and reputation. It mitigates the risk of litigation. And, it provides them the opportunity to do the right thing for their employees.

If your company agrees to pay for the service but doesn’t have anyone to provide it, tell them you know someone! Feel free to have them email me, Lori Bumgarner, at lorib@yourpassioninlife.com. I’ve provided outplacement counseling to hundreds of companies’ employees over several years, especially during times of recession.

Additional help when getting laid off

If your company says no to offering outplacement counseling, there are still some free and affordable resources here at paNASH, starting with paNASH’s on-demand programs and free career success videos. Click here to receive free access to the following videos:

Control what you can during a recession

Knowing what you can’t and can control means the difference between feeling panicked and empowered. Hopefully the tips and resources provided here will make you feel more empowered. I look forward to helping you navigate these uncertain times in your career!

Related posts

Sunday Inspiration: Listening for God’s Voice

Welcome to “Sunday Inspiration,” a bi-weekly devotional for those seeking spiritual encouragement in the pursuit of their passions. Each post comes from an outside resource (as referenced). I hope these posts will inspire and motivate you in your life and career in addition to our weekly original blog posts. Enjoy!

“You will hear a voice behind you saying, ‘This is the…way.’” Isa 30:21 NCV

A counselor who was once an addict writes:

I was in treatment for chemical dependency and needed a job to get out. I looked for months, but nobody wanted to hire me.

One day I was waiting for a bus when a little voice urged: “Look behind you.” I was standing next to an attorney’s office. “Go talk to the head of the firm and tell him you need a job,” were the words I heard.

That’s crazy, I thought…but that “still, small voice” urged me on, so I obeyed.

When I talked to the attorney and told him what was happening in my life, he understood because someone in his family was also recovering from addiction.

Then he looked at me and said, “It’s funny you came in today. I was thinking about creating a position for a legal secretary and hadn’t gotten around to advertising.”

Two weeks later I got the job, and it was better than any position I’d applied for. It paid more and made the best possible use of my skills.

Recognizing God’s voice

The problem isn’t that God no longer speaks to us; it’s that we don’t recognize His voice.

Don’t be so quick to dismiss the random thoughts that cross your mind (See 1Co 2:16).

Generally speaking, God won’t send a thunderbolt from heaven to get your attention. More often He speaks through your thoughts, a family member, a friend, a teacher, a pastor, a change in your circumstances, the sudden discovery of the “perfect” Scripture, the writing of a gifted author, or in the quietness when He fills your heart with perfect peace.

So learn to listen to God’s voice.

Source: https://jentezenfranklin.org/daily-devotions/listening-for-gods-voice

Getting Laid Off? The #1 Thing to Ask for When You Leave

Voiced by Amazon Polly
Part 3 of 3

Getting laid off is difficult and scary. It’s happening to so many people right now due to the economic impact of the coronavirus. It can make you feel like your career and your life is out of control.

On some occasions you can convince your boss or company that you’re worth keeping around. Such as when you’re able to show your past contributions to the company and the savings of letting you work remotely using hard data. Hard data gets people’s attention.

But if your data doesn’t outweigh the data that supports letting you go, there’s still something you can negotiate.

Outplacement counseling

You can always ask your company to provide or include outplacement counseling in your severance package. It’s one thing you still have some control over.

Outplacement counseling is simply another term for career coaching or job search assistance. It’s set up to help you find your next job more quickly, and to make a smoother transition to it.

Many companies already offer it in their severance packages. I know this because I’m often one of the people they pay to provide such a service for their employees.

Take advantage of outplacement

If your company already offers outplacement counseling, take advantage of it! I’m always surprised at how some people just toss this benefit aside. Their company has already paid for the service, yet some employees think they don’t need it.

Even if you don’t think you need outplacement counseling, use it! If you already have another job lined up, use it to help you prepare for your first year in your new job.

Career coaching isn’t just for helping you find a job. It’s also for helping you succeed in your next job and building your career. And everything discussed in your coaching sessions remains confidential. It will never be shared with your past employer.

Ask for outplacement

If you’re getting laid off due to the coronavirus, and your company doesn’t offer outplacement counseling, ask for it! What do you have to lose at this point?

If your company needs convincing, help them understand how it not only benefits you, but also their business. It protects the company’s brand and reputation. It mitigates the risk of litigation. And, it provides them the opportunity to do the right thing for their employees.

If your company agrees to pay for the service but doesn’t have anyone to provide it, tell them you know someone! Feel free to have them email me, Lori Bumgarner, at lorib@yourpassioninlife.com. I’ve provided outplacement counseling to hundreds of companies’ employees over several years.

Additional help when getting laid off

If your company says no to offering outplacement counseling, there are still some free and affordable resources here at paNASH, starting with paNASH’s on-demand programs and free career success videos. Click here to receive free access to the following videos:

I look forward to helping you navigate these uncertain times in your career!

Related posts

Are You Prepared to Be a Freelancer If Forced To?

Voiced by Amazon Polly
Part 2 of 3 posts

Even if you’re still able to work during the coronavirus quarantine, whether from your office or from home, let me ask you something:

Are you prepared to be a freelancer if forced to?

Think about it. If you lost your job tomorrow and couldn’t find another one right away, would you be able to pick up and start making some extra money?

Do you already have some other streams of revenue in place, like freelance work or a side hustle?

I’ve previously written about the importance of having multiple streams of revenue. You can’t rely on only one stream of revenue because it could evaporate tomorrow.

I’m not saying this to cause you to panic. Instead I say it to help you feel more productive and a little more in control of your current situation.

How to create multiple streams of revenue

Here’s what you have some control over. Sit down and make a list of skills you have that others would pay you to perform because they lack those skills. Also add to your list anything you own that others might want to rent on a short-term basis.

Decide which items on your list will take the least amount of time to start earning the most money.

Then, start getting the word out. Use your current social media profiles to do this. And join platforms you’re not already using. Start with the ones that make the most sense for your product or service.

You may be surprised what kind of response you get.

Forced to be a freelancer

Recently, my hairstylist’s husband was in between digital marketing jobs. Although he received several interviews and offers, the offers weren’t financially feasible based on his experience and the potentially long commutes.

While holding out for something more financially feasible, he took some home improvement jobs as a side hustle since he’s good at this sort of thing.

When one side hustle opportunity was completed, another one came along. Then it got to the point where he had so many side jobs to choose from it made more financial sense to make this his full-time gig!

He’s now making more money doing home improvement than he would’ve if he’d stayed in digital marketing.

Need help becoming a freelancer?

If you need help with the steps of starting a side hustle or work opportunity for yourself, let me know. I’ve successfully transitioned to working for myself and have helped several clients do the same.

Stay tuned for the final way to maintain control in part three. Submit your name in the right hand column to receive alerts for new posts.

Related posts: