Establishing a career is very challenging during recession. The competition is fierce since everyone seemed to be out of job nowadays. If you get to be hired, the industry you could be working for is not even close to your education. That means your job is not really your passion, you are just forcing yourself to work since you need to have a source of income.
At first it is going to be fine since you are being paid for what you do. But money is not everything. Eventually, you’ll find yourself dissatisfied with your current position which could even force you to quit your job.
Remembering Who You Are
But there is another way on how you can survive the economy without dealing with a difficult job. Although you have to start small, it can lead you to financial stability even after recession.
There are many individuals who have turned to their passion to establish a career. Instead of working for companies, they start to work on the things they like and have reaped financial rewards from it.
You can also use your passion to establish a career. But since you need the financial reward fast, you need to take it slow.
From Paper to Action
Before you jump into your passion, think of your financial standing first. Since you need to be financially steady, you have to make sure that you will earn once you transfer to your passion.
The first thing you should do is to write your plan. You need to be extensive as possible on how you would deal with your passion and how you can earn from it. Writing will give you a fresh perspective not only on your actual knowledge of your passion but also on the possibility on earning from it.
Starting Small to Create a Niche
Starting small in your preferred career is always a must in today’s business setting. Since the competition is fierce, you don’t want to jump into a business without the possibility of earning. By starting small, you will know if there is a business out there and if you can earn from it.
Another reason why you have to start small is that you can adjust to the needs of the industry. They say that you are going out of your passion by adjusting but you have to deal with the reality. You don’t need to totally change your business plan; you just have to make small adjustments.
You have to remember that establishing a successful business is party creating a niche or a unique offer to customers. By offering something unique, the competition is a lot less and you can move ahead of competition.
By starting small, you can still give time to your current job. This will give you the financial security as well as the start-up capital on your small job. Once you think you already have established a viable business, you can now go full time without the anxiety of not earning well during recession.