If recession has put an unexpected break in your career, don’t get too depressed about it. We know that times are difficult. But even if there’s nothing positive to look forward to in your job hunt, there is plenty you can do in the meantime to help you secure a new job. This is the right time to gain new experiences and nurture skills. Here are some pointers to help you stay occupied and prepare for your next job interview:
Everyone has a secret wish to study something. Be it related to your profession or outside it. So utilize this break to take up a few courses or hone some new skills.
Do the MBA or software course that you always wanted to do. Or if you wish to enroll in a creative course for which you never had the time. Take up a foreign language course. Do a few basic levels to the point that you can at least speak the language. This will give your CV a major boast.
If you ever felt the need to help the society at large, this is the good time to put thought into action. You can work with NGOs who work for the homeless or educate street kids. This will keep your mind off your own problems and will you realize that you are for better off than many unfortunate people. It will also not only help you gain a few brownie points with your future boss, but it will also give you a feeling of satisfaction.
If you have enough money saved up and do not have anyone depending on you, go on a vacation. But do not let this vacation be just for relaxation and enjoyment. Learn about a new culture, about different people. While doing so, you can also try your hand at a new job or skill. So that when you get back, you have something to show for your vacations.
If during this break you realize that your career was not going where you wanted it to and you would rather do something else, then this is time to switch your career path. Decide what you want to do and then gather skills relevant to that job. Network with those in that profession and find out the best way to gain an entry into it. But be sure that the new career is really what you want to do or you will be left high and dry in a time when the going can get really tough. If you have an entrepreneurial streak and has some capacity to invest small amounts then you can undergo training for entrepreneurship.
A lot of entrepreneurs fall into entrepreneurship, without a grounding in business knowledge. Today, it is important to build a base of knowledge to recognize the importance of networking skills and to hone the ability to have a larger vision to build a bigger business. This is true for everyone considering embarking on an entrepreneurial career pathway – whether that be forming a business based around new technology, developing a social enterprise or taking an innovation forward within a larger or more established organization.
Investment in self development before setting off on a venture shortens the learning curve of the individual. Going back to school and learning essential skills allow entrepreneurs to understand business realities. It also helps to review investment options and exposes them to much harder aspects of business.
Developing a good network is very critical. Through the network future business owners can communicate their ideas and receive valuable feedback. Entrepreneurs need to understand the industry or the vertical in which they seek to launch their business. They need to have a clear understanding of the potential of their idea and finally they need to have a good vision of growing the business beyond the initial good idea.
In the UK, there is a lot of support for students hoping to be entrepreneurs in universities. Amongst the obvious reasons such as better opportunities, more investment money, the success stories are a huge point of inspiration for more people to break out on their own.