Just Got Fired? Do This Simple Steps To Bounce Back Fast
Design Your Future
Most top professionals consider their status as one of the most important elements of their well-being and being fired can be very devastating.
In today’s volatile economy, getting fired can be traumatic especially if your families are fully dependent on you. If you are a top professional overqualified for the position, job security is vanishing.
Back in the days, I took my future for granted.
Over eight years ago I had no income.
I left my highly successful job as an ex-pat executive for 16 years.
There was a time in my life when I believed if you worked hard and did your job well – your job was safe forever.
But…
I was completely wrong. I worked for a company where at one time everyone was “family”. Something happened and I felt this time it would be different. I began to see where the employees stood.
When I left my highly successful job and began my business startup I purposely didn’t start with a complex business plan.
I focused on the simplicity & the practicality of landing to my first client.
I knew that I would only get a sense of real income once I tested my business idea in the marketplace, not on paper for me to see if someone will pay me.
So I started learning how to make a living from home and started my own coaching business where I help future business owners test their business idea & lay it down on a system to get clients with predictability.
My initial approach was based on putting together what I know (my experience) and match it with what people’s needs. I realized that most people who want to earn from home simply don’t know how to put these two pieces together by combining it with a problem-solution proposition to offer it to a small group of people.
People were confused and overwhelmed and didn’t know where to begin.
I knew that if I could get some time with them showing my simple and practical process…I’m certain that I would be able to help.
Lesson I Learned After I Quit My Full-Time Job...
It’s not hard to decide what you want your life to be about, but what’s hard is filtering out what you’re willing to give up & do the things that you LOVE doing.
You Maybe Probably Thinking...
- How to keep yourself away from money uncertainties that keep you awake at night
- How to free yourself from job-searching fatigue in your late 40’s or 50’s
- How to live & retire comfortably
- How to take your family in one grand vacation without thinking about how many paid leave you have left
- How to start a business startup & land to high-paying clients with predictability
The two biggest obstacles to making the right decision during your painful moment of getting fired are your ego and weaknesses.
These 2-obstacles will make difficult for you to objectively make the right decisions. Don’t let ego to control your success. Having a big ego is one of the common traits among over-achieving top professionals.
Little Breakthrough Secret...
Chew Your Ego & Diagnose Your Weaknesses.
With my sincere intention to chew my ego and accept my weaknesses that’s when my first breakthrough comes into light.
That gives fuel for me to keep going & do the things that matter to me most.
So understand that money will not flow in your bank account because of any luck – you should create it deliberately.
And owning your outcome is crucial because this is the building block to secure your future. The good thing here is you can consciously design your future whatever is your circumstances.
4 Simple Business Startup Ideas
Actually plenty of ways how to start a small business at home and most of them are difficult to make a living from it and it will take much of your time, so today I am showing you four simple business startup ideas that have the potential for you to get started to replace your monthly paycheck if done correctly.
I personally use two out of these four business startup models.
And I’m going to touch briefly today all these four business startup ideas for you to see which startup home-based business model suits you.
Here are the 4 simple business startup ideas to get started – a good startup business to end job uncertainty.
- Consulting
- Product Vendor
- Affiliate Marketing
- Blogging
1. Consulting
Consulting is if you have a certain skill that you can help someone else with.
You can provide paid one-on-one coaching or consultation over the internet using Skype call or video chat or email-based consultation. You can offer consultations for any topic you like.
If you are good in any field someone else would be interested in paying you in exchange for your service. You can set your rates and your desired schedule when meeting with your client.
I love this business startup model because even when I am dropping my daughter to college, it gives me the flexibility in setting up my #OwnRule when to meet my clients online.
As long as there is an internet connection, you are good to deliver your service and be able to #WFA (Work From Anywhere).
The beauty of building your career as a consultant, you can enhance your problem-solving ability and earnings growth potential.
And the best part starting with consulting, you can get started right away without any preparations by testing your business idea in a small group that gives you the structure in gauging what your ideal client needs.
And from there you outlined your offer that would cater to their needs offering a result by creating a system.
What I learned from this experience was…
The Consulting business startup model does not have to be as complicated as we tend to think.
In fact, it can be really very simple.
What's important is...
- See how the market reacts when you put your message
- Be visible to ONLY those people who need your help, and
- Provide the value they expect from you
2. Product Vendor
A product vendor means creating your online course or digital product.
I have a lot of experience in this area since I have several online courses.
Creating online courses, software, or apps can provide you with good and consistent passive income.
This is how I get notification from the ClickBank retailer marketplace every time I made a sale from their platform.
This is how you can position yourself as an authority or thought leader and expand your income revenue.
In the beginning, it takes some effort and a little bit of patience before you can release your first digital product but if you push through it, you can also offer an affiliate program so that others can make a commission from selling your online courses.
This is how you can get an army of affiliates helping you to promote your product by giving them a commission every time they made a sale.
3. Affiliate Marketing
Affiliate marketing is promoting other people’s product.
You can get a commission for doing that.
The commission can be slow, but if someone buys the product you are promoting, you get a commission.
There are different affiliate networks and the biggest is the Amazon affiliate program. All you need to do is have a website or social media presence and sign up for the Amazon affiliate program.
As Amazon affiliate partner, you can simply place links to Amazon products on your website, and when a customer makes a purchase using your Amazon affiliate link, you can receive a commission.
With my experience with Amazon affiliate programs, the commission I received only ranges from $3-$5 of course this will be depending on what type of products you are promoting.
Another affiliate networks are ClickBank, Commission Junction, and Peerfly.
ClickBank they pay huge commission from 50-75% affiliate commission. Normally, people sign up with ClickBank aiming to hit their jackpot for them to start making money with ClickBank affiliate.
In most cases, people randomly choose a lousy product, run random traffic to it, disappointed, and even getting their business website suspended by Google without seeing any results.
When you start browsing the ClickBank marketplace, you might be tempted to give it a try right away without understanding the product you are promoting or simply by looking for a product with higher gravity.
But it is also important that you understand the drawbacks that may affect your business for the long-term.
While you don’t really have anything to lose by signing up with ClickBank, it is important that you choose your affiliate product very carefully.
If you are interested with affiliate marketing, you can join our affiliate program and if someone purchase our product using your affiliate link from ClickBank you can earn 50-70% commission from us.
The Peerfly affiliate network promotes those reputable companies like Agoda or Booking.com, Revlon, Walgreens, etc.
But a lot of restrictions on offers which can make it practically impossible for you to promote certain offers compared with ClickBank.
So, it depends on what field of interest.
I really didn’t spend too long being an affiliate marketer.
Personally, I really don’t like depending on someone else financially so, I got bored very quickly.
4. Blogging or Content Marketing
Anyone can write a blog on any topic you choose, but it will take time. You need to give some thought and plan out what you are going to blog about.
For me, I want personalization.
I mean sharing my own experiences, my own story. In fact, I have spent tons of hours writing a blog post.
Blogging or content marketing is really good for long-term and it requires discipline.
If you want to partner with Google and put some banner on your site then you can sign up with Google Adsense or any ad networks where they can put banner ads on your website.
Once you do that, you get paid when someone clicks on your advert.
This can be quite a reliable income stream if your traffic remains stable.
Blogging is not for everyone but, it is also an important startup business model and definitely a great way to make money eventually, especially if you post quality content.
Google will love you for doing that.
Blogging has the potential to make passive income, but you have to work hard for a long time before you see the reward – unless you will be willing to pay someone else to write for you.
The Conclusion
Testing your business idea in a small group of people is the best business startup.
Consulting is the fastest way to get started especially if you just get fired.
Because you can get started right away without any complex business plan.
All you need is to embrace simplicity on how to test your business idea, land, and close a client.
Let’s be realistic.
When you test your idea and see people paying you, you truly have the proof of concept that means…
This business can grow than having an imaginary outcome.
The fact is, you truly don’t know what type of product is accepted by the marketplace, how many units you can produce, and what exactly is your costs to breakeven if you do not test and validate your business idea.
Your first is always the hardest because your first takes courage.
Once the income stream is up and running you can then make a better business plan and create a more accurate monthly sales projection.
If you just got fired, don’t lose hope because it could also be the start of a better tomorrow.
