I am not sure if it is biological or human conditioning, but it seems that we spend a lot more time worrying or stressing over what might go wrong, rather than expecting something extraordinary to happen. Worrying and stressing are not at the top of my agenda these days, don’t get me wrong, the reality of what is happening in the financial, business, and job markets certainly lend themselves to concern.I am not an economist or finance expert so my understanding of most of what is going on is limited. However, I did decide to do a little research. There have been over 30 recessions since the mid 1800’s. As there is always an expansion after a recession, this means that there have been as many or more economic expansions.
The saying “the best defense is a good offense” comes to mind. There may be as many if not more opportunities during this time. I don’t have advice to offer, just some facts from which you can draw your own conclusions.
During a recession
There are many other opportunities out there, these were just a few to perhaps nudge a shift in your thinking.I saw an interview this weekend with Patricia Routledge the English actress. When she was asked by another actor what she attributed her success to, she said taking risks. If you are successful and you continue to do what brought you that success, you will continue to have the same success. It is by trying something different or new that will bring you the next level of success.
Often people feel stuck in their jobs, or have this underlying feeling that they are underperforming and underearner. “This is not how it was supposed to turn out.” Their situation could range anywhere from a financial crisis to being quite successful yet they end up getting stuck somewhere. You may be an underearner. Do you indentify with these symptoms?
If you are an underearner, the first thing you need to do is stop denying or pretending you aren’t one. Then there are some great steps you can take like finding a mentor, going to Debtor’s Anonymous-Don’t let the name fool you they have some great programs on underearning. Build a support network, find some friends who are earning more than you. A couple of great books to read on this subject are “The Soul of Money”; Rich Dad Poor Dad, and Millionaire Mind.