My wife and I were both effectively eliminated from the traditional corporate work force in the early 1990's. It was traumatic. We were college graduates. We had climbed the corporate ladder Mario Pasalic Jersey , rapidly, inexorably. We enjoyed six figure incomes, a second home, club memberships, prosperous investment accounts, wonderful benefit packages Marco Storari Jersey , a College investment plan for our three kids, sports cars and extensive travel. We were devastated! But, it became the best thing that ever happened to us, children included.
We went from regularity, a false sense of security and believing that we enjoyed a bit of that ?Master of the Universe? complex, to really considering things we had taken for granted. Yeah Manuel Locatelli Jersey , we were down for a few weeks. The house was glum. What was next? However, fairly quickly, we realized that we had to make things happen. Things weren't going to be falling into our laps. We needed to start thinking like entrepreneurs.
It can be difficult re-learning to think like an entrepreneur. Why do I use the word 're-learning?? Simply because, we are all entrepreneurs at some point during our lives. A kid cutting grass, or working a paper route is a budding entrepreneur. The ritual of seeking a job requires a certain amount of entrepreneurial dash. Selling one-self to the opposite sex requires self-marketing and packaging. Presenting a thesis and selling arguments to professors is an entrepreneurial act.
Until we enter the corporate world almost all of our efforts share elements of entrepreneurial activity. Then the Mr. Big Corporation enters our lives and things seem to change. Report at this time, to this address Lucas Ocampos Jersey , to Mr. Smith, your boss, for an agreed pay packet and a certain benefit package. Do this consistently, and fairly well, and we will move you along at our pace, the classic ?Career Path?. Our actions become focused on job performance Lucas Biglia Jersey , judged by the Corporations standards. We adapt professionally. We also adapt our family and social life to the corporate ethos.
And then, that ethos was gone. We had to adjust and rapidly. Here are a few recommendations we found of great value in successfully making the change from a corporate to entrepreneurial lifestyle. First we broke our lives into manageable components, a bit of introspection here. Put Family First
Nothing earth shattering here, we had been good parents. The children were a joy. And yet, we knew we could have attended more recitals, games and parties. We immediately began to be more active as a family group. We enjoyed activities together more and began to appreciate how quickly time slips away. When children grow up Luca Antonelli Jersey , they move on. That opportunity to be involved in a daily basis is gone. Don't waste a minute of this precious time.
As much as possible, we kept the children generally in the knowledge loop on current business affairs. All of a sudden we weren't going to work. How do you hide that? Also, we made every effort to place a positive, forward- looking face on our reality.
Family Budget Priorities
We sat down and seriously analyzed current assets and liabilities. What did we spend that was not really a necessity? Starbucks? Dinners out? Movie Rentals? Underused automobiles? Pool Service? We discovered that our lifestyle could be well maintained by simply being more aware of our spending patterns and considering each purchase. Was it a need, or a want?
We also involved the children in spending decisions particular to them. Was a club necessary? What about that two week summer camp? A new formal might not be in the budget. They were remarkably mature and agreeable to the idea of relative shared sacrifice.
The Social Network Be direct with friends and family. You have been outsourced, downsized or Leonel Vangioni Jersey , God forbid, terminated (a better word than Fired!) No sense hiding the truth. Lying is such hard work. You have enough on your plate.