Saturday, October 31, 2009

Upsides to the Down Economy/ Horror Stories

So now, in time for Halloween, are Horror Stories from the down recession. These are true stories (I think) with the names omitted to protect the innocent.
  • Horror Story#1 A man sells his profitable business for a million bucks and plans on living off the interest. He makes enough to live comfortably for a while, until interest rates go south and then he can't make it. He goes back to work at his business, under the new owners. He now works at his old job at his old business, under "bosses" that are half his age and micro manage his every move. Scary!
  • Horror Story #2 A well-known businessman who owns a chain of sports bar restaurants gets "in trouble" for permitting gambling in his establishment. After he returns from his unplanned "vacation" he needs to find employment. He now works, as a cook in the kitchen of his chief competitor's sports bar restaurant.
  • Horror Story #3 A friend of mine who is a writer/editor with her Master's in P.R., has lost some of her writing gigs, so she's decided to sell designer handbags/clothes on E-bay. She actually enjoys it and has, so far, been quite successful.

Since this "Upsides to the Down Economy", the last story may be the upside. When you lose your job or your hours are cut back, this may be your opportunity to try something new. You may actually find something you love doing, are good at, that you never would have dreamed doing before. Maybe you will pursue this, instead of your old career, or when the economy recovers, use it as a supplement to your income. People today have to be creative and inventive in order to survive. But, as Americans, this is what we do. So here on Halloween, don't duck under the covers and Boo Hoo. Get out there and do something, anything to further your dream. You never know where it might lead.

No comments: