What the Layoff Headlines Don't Tell You

If you’ve been reading the news lately, you’ve probably noticed the same trend: layoffs, downsizing, and “restructuring” across almost every industry.

According to Allianz Life, 64% of Gen Z workers are worried about getting laid off in the next year, followed by 45% of millennials and 41% of Gen Xers. 

It’s unsettling. But for some people, it’s also a wake-up call. The truth is, there’s no such thing as job security. Even top performers get cut. So if you’ve been thinking about starting something of your own, now might be the time to take that idea seriously.

Here’s what I tell people who are on the fence:

• A side hustle is a safer bet than you think. You don’t have to quit your job or go all in on day one. Starting small gives you room to test, learn and grow without putting everything on the line.

• Building something of your own gives you more control, not less. When you run your own business, you get to call the shots about how you work, who you work with, and where you’re headed. That’s real freedom, even if it takes effort to get there.
• The “perfect time” rarely shows up, but you should make a move anyway. Let’s face it, there’s always going to be a reason to wait—more money, more time, less stress, the list goes on—but momentum starts when you take action.  

You don’t have to walk away from your paycheck tomorrow. But you can start laying the groundwork now so you’re not blindsided later. If you’ve been thinking about starting a business, don’t wait for someone else to decide your future. Take the next step on your terms.

Getting a business off the ground doesn’t have to feel overwhelming. If you’re looking for some structure, support and real-world advice (minus the fluff), check out my courses First-Time Entrepreneurship: Your Complete Success Roadmap and Unleash Your Profits: The Strategic Business Plan Guide.

Developed for first-time entrepreneurs, these resources are all about helping you move forward with a plan that works. Not sure what type of business you want to start? Figure it out in 30 minutes or less with my FREE 5-page, interactive PDF. Click here to download.