Today I have been put in an unfortunate position of having no job at the end of the week. Unfortunately due to my newness down in Christchurch and timing in trying to break into a new market its made it hard to start again.
I dont view this as a personal thing as I have been doing well its just a timing thing. I now need to look at other options that are out there for me where ever they are. I will keep writing on this blog as I really enjoy the interaction and the genuine response I get from helping people. Online marketing has enabled me to form great networks and I would love to be able to continue that somehow.
Below is something I read about being made redundant. Its a very good article and one that if anyone is in my position should read. Its a real bummer and a kick in the guts but its a reality of todays market place. I wish to thank everyone so far for their support and kind words. I hope if you come accross this article and you have recently been made redundant you find it useful for you…..
The first thing to do when you are informed by your employer of an impending redundancy or the prospect of an immediate redundancy is not to take it personally. In the current climate, people are being made redundant all over the world by lots of different types of companies and firms for pretty much the same reason which is that there is no business to support their continued employment. This is being seen across the spectrum, from very senior professionals down to junior members of staff and the grounds for redundancy can almost always be the same.
How employers go about making the redundancy is another matter entirely and in particular, how they decide which of their employees is going to be made redundant varies quite widely.
So the first thing is not to panic and take it personally.
The second thing is to immediately think of it as an opportunity to do something either concerning your career, your life or your future. Being made redundant can be a very rewarding experience as it can open new doors to you that would not otherwise have opened. In my time as a career coach and as a recruitment consultant, I see many CVs for senior and junior executives dating back to the early 1990s when similar market conditions meant that there were a large number of redundancies. When you look back and see what people have done after their redundancy is very interesting as often they have moved into a completely new field either in the same specialism or changing to something different.
Some of them have redundancies that span five or six years and that they find a new role and get made redundant again as the new company struggles to attract any business in the climate. This again has not stopped that person from carrying on and they have moved onto yet another role and they continue to do this for some years to come.
For a lot of younger workers, the whole issue of redundancy is fairly new as over the last ten years we have seen prosperity and expansion rather than redundancy and recession. This means that some professionals are not equipped mentally to deal with the prospect of redundancy and it is important to get through to those people that redundancy is not a hindrance to a career but rather a benefit and must be seen as that otherwise it can have a really detrimental effect on a person’s outlook on life.
The third thing to do is to take action and not sit back. If you are told of an impending redundancy or that you are being made redundant with immediate effect, it is important to take action and think through your options. Do not under any circumstances sit back and wait for the whole thing to blow over. If you do this, you may find yourself out of work with no income and in difficulty both mentally and financially.
The fourth thing to do is to talk through your options with someone. Talking through options can be very beneficial as it will enable you to get a independent view on your circumstances and possibilities and this is exactly why career coaching can be so useful and beneficial. Talking to a career coach can give you practical possibilities, improve your prospects of employment and enhance your career plans. Career coaches and consultants see many people of all shapes and sizes and have a lot of fresh and original ideas on opportunities that you could consider. For example, it is no use looking at establishing a business if you have no interest in entrepreneurial activities or being your own boss. Similarly, it is no use looking at a career that will not afford you any chance of displaying entrepreneurial skills and someone to solely work as an employer for the benefit of someone else. It all depends on your personality and your life circumstances. Only somebody impartial can give you this sort of information.
This information was provided to me by Jonathan Fagan. This is a little about him.
I dont view this as a personal thing as I have been doing well its just a timing thing. I now need to look at other options that are out there for me where ever they are. I will keep writing on this blog as I really enjoy the interaction and the genuine response I get from helping people. Online marketing has enabled me to form great networks and I would love to be able to continue that somehow.
Below is something I read about being made redundant. Its a very good article and one that if anyone is in my position should read. Its a real bummer and a kick in the guts but its a reality of todays market place. I wish to thank everyone so far for their support and kind words. I hope if you come accross this article and you have recently been made redundant you find it useful for you…..
The first thing to do when you are informed by your employer of an impending redundancy or the prospect of an immediate redundancy is not to take it personally. In the current climate, people are being made redundant all over the world by lots of different types of companies and firms for pretty much the same reason which is that there is no business to support their continued employment. This is being seen across the spectrum, from very senior professionals down to junior members of staff and the grounds for redundancy can almost always be the same.
How employers go about making the redundancy is another matter entirely and in particular, how they decide which of their employees is going to be made redundant varies quite widely.
So the first thing is not to panic and take it personally.
The second thing is to immediately think of it as an opportunity to do something either concerning your career, your life or your future. Being made redundant can be a very rewarding experience as it can open new doors to you that would not otherwise have opened. In my time as a career coach and as a recruitment consultant, I see many CVs for senior and junior executives dating back to the early 1990s when similar market conditions meant that there were a large number of redundancies. When you look back and see what people have done after their redundancy is very interesting as often they have moved into a completely new field either in the same specialism or changing to something different.
Some of them have redundancies that span five or six years and that they find a new role and get made redundant again as the new company struggles to attract any business in the climate. This again has not stopped that person from carrying on and they have moved onto yet another role and they continue to do this for some years to come.
For a lot of younger workers, the whole issue of redundancy is fairly new as over the last ten years we have seen prosperity and expansion rather than redundancy and recession. This means that some professionals are not equipped mentally to deal with the prospect of redundancy and it is important to get through to those people that redundancy is not a hindrance to a career but rather a benefit and must be seen as that otherwise it can have a really detrimental effect on a person’s outlook on life.
The third thing to do is to take action and not sit back. If you are told of an impending redundancy or that you are being made redundant with immediate effect, it is important to take action and think through your options. Do not under any circumstances sit back and wait for the whole thing to blow over. If you do this, you may find yourself out of work with no income and in difficulty both mentally and financially.
The fourth thing to do is to talk through your options with someone. Talking through options can be very beneficial as it will enable you to get a independent view on your circumstances and possibilities and this is exactly why career coaching can be so useful and beneficial. Talking to a career coach can give you practical possibilities, improve your prospects of employment and enhance your career plans. Career coaches and consultants see many people of all shapes and sizes and have a lot of fresh and original ideas on opportunities that you could consider. For example, it is no use looking at establishing a business if you have no interest in entrepreneurial activities or being your own boss. Similarly, it is no use looking at a career that will not afford you any chance of displaying entrepreneurial skills and someone to solely work as an employer for the benefit of someone else. It all depends on your personality and your life circumstances. Only somebody impartial can give you this sort of information.
This information was provided to me by Jonathan Fagan. This is a little about him.
Jonathan Fagan is Senior Career Coach for JB Fagan & Associates, career coaches for executives and professionals, http://www.jbfagan.co.uk He is also MD of Ten Percent Legal Recruitment and a qualified solicitor and recruitment consultant in the UK. He writes on recruitment issues and lectures to post graduates on preparing CVs and interview training. Jonathan is also the author of the Guide to Writing a Legal CV and the Complete Interview Guide
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If you have been made redundant and own a house there are schemes that the banks will do for you to help you with this. There are mortgage holidays that you can use and there are schemes where the bank will take into account the loss of your job and take into account of what your partner is earning and halt part of your payments to help you get through the time of no income.
Thanks again everyone for your support in your emails and phone calls.
Deon
I AM VERY SORRY TO HEAR THIS DEON. bUT i AM SURE WITH YOUR SKILL AND DETERMINATION THIS WILL NOT STOP YOU. I LOVE READING YOUR BLOGS ALL THE TIME. LET US KNOW WHAT YOUR DOING I FOR ONE AM INTERESTED TO SEE WHERE YOU GO FROM HERE
Have you considered working on an assistant basis with one of the City’s top salespeople or teaming up with another salesperson you get on well with?
Deon
Your efforts won’t go unrewarded, I’m sure of that. Give me a call.
Ah well another one bites the dust. Plenty more to follow I reckon.
Ross I will email you
David thanks for your comment and email. Will chat to you tommorrow. I have a online photography business idea i’m getting a patent for now and i would like you to help me.
Pete. Thats a real bad attitude to have. It is a reality at the moment but you haven’t seen the last of me!
Grant. Thanks for your comment as well. I will call you in a few days to organize how to set the company up
Congratulations, today is the start of a new and your greatest chapter in life, I would never bet against you or your future success, steel is forged in fire my friend and even with this most recent post you show your honesty and willingness to help others – lets talk again tomorrow, lots of opportunities to discuss starting straight away
Thanks Peter. I have got myself into a little bother about been so honest and upfront about this descision made today but hey I have nothing to hide and I want to get on with life and actually grow from it. Thanks for the chat today Peter, really helped me get my head around a few things.
Deon – the world can do without agents mate. They share part of the blame for getting us in the mess we are in now (excess debt, over-leveraging). Agents were right behind the bankers and spruikers in setting up the coming Depression by inflating the house bubble. Go off and get yourself a job doing something honourable where you don’t have to tell fibs every other minute.
Thats a fair comment but one thats fueled by emotion rather than fact. Someone is accountable for this huge recession we are experiencing but the agent cannot be the only one to blame. Peoples greed is a big factor in this recession. We all are to bame in a way. Our greed spured huge debt which in effect inflated values to false values but as you say the bubble had to pop and what we experiencing now is the result. But what we saw were many many people prosper very well in the boom time. It created jobs left right and center and saw the economy in good stead. And it will happen again and again. Its just part of a cycle.
Pete Ball – if that’s your real name, what an insensitive prick you are.
Sounds like you missed out on the 100% plus gains through the property boom or have had a problem with a real estate salesperson.
Perhaps you missed out in a multiple offer situation because you did not put your “balls” on the line.
I hope Mr Ball that you too are in an industry that is impacted by the recession and that it leads to your own redundancy – soon!
Why don’t you tell us what line of work you are actually in and we can see whether it too deserves criticism.
Laura. Thanks for your comment.
Laura – sounds as though you are under a bit of pressure there girl. Not made the monthly sales target, or the bank knocking at the door because your property portfolio is in trouble?
Deon – you seem like a sound bloke and I reckon you are starting to get there with your thoughts on debt etc – just take it a bit further. You’ll be wasted in the RE industry (you think too much), spread your wings.
Pete – Debt is a big problem and the costs of servicing our loans has been creating more debt to a point where people are getting themselves into money trouble. You will see this in one of my posts about housing affordability in NZ.
I enjoy the RE industry. But your right this event is now opening my eyes and I am certainly looking in a path that will grow me further. Just need a little time to work it out what ever that is.
Deon
All the best with your next endeavour!Pity the calibre of blogging is not as high as yours and rubbish finds its way into any form of media eg Pete Ball.
Thanks ferg. A little unfortunate. But this is how markets and business works. I am not knocked out for good. I will be back! Noone keeps a Swiggs down.
Deon,
It’s a numbers game, it’s your job that’s been made redundant not you, always remember that.
Don’t burn your bridges on the way out, stay professional and dignified throughout – shake the hand and smile at the person who gave you the news and wish them and the agency well when you leave.
Whilst redundancy can be devastating, it can also be very liberating. Take a fresh look at where you want to be and see how you can turn this situation to your advantage.
Knowing you Deon, you have probably already got half a dozen ideas on the go 🙂 Go for it.
Well if you have noticed I have been on tv over the past few days. LOL. It wasnt expected but due to me having the hummer out and about it just happened.
I enjoy marketing and I want to figure something out so I can continue to do it. I have a lady ringing me tommorrow from the states who wants to film me with a real estate buyer for a tv program in the states and I really want to do it. So might have to stay in RE just to do that.
Plenty of opportunities out there. Just need a little time to get all my thoughts in order and then I will be back and trust me when I come back I wont be holding anything back!
Hey mate, sorry to hear you’re role is no more. The hummer profile was nice timing though!
Life is 10% about what happens to you and 90% about how you respond to it.
Cheers Mason.
Your right about how we react. Watch this space I have a plan
Pete, you are a moron, agents dont control the market we go along with the ride just like everyone else, stop blaming everyone else for you problems, why dont you buy a house now and make some money over the medium/long term, i bet you dont though because you are stupid