Whether you are employed, self-employed or between employment, there are ways to implement a recession-proof plan for making money. Regardless of the economic pressures we face, someone, somewhere is always earning a profit.
First, I will tell you why we need to recession proof our earning potential and then I will tell you how. By recession proofing our earnings we can focus on living our life purpose and taking care of ourselves and our obligations. As individuals we need to set goals and hold ourselves accountable. Today I will focus on how to set the kind of goals that will help recession proof the business of you and how to hold yourself accountable to ensure success.
Do you ever find yourself feeling drained and tired during your workday? Have you experienced energy loss and fatigue even before you have even exerted any energy in fulfillment of your job responsibilities? Have you ever stopped to consider that you may be a motivated person in an uninspiring opportunity? Many people feel this way. This feeling can result from the need for a good sense of professional direction and a mismatch between occupation and their ultimate life purpose. Operating in this mode, individuals tend to expend a lot of emotional and physical energy but do not ultimately get anywhere. This can happen to individuals and it can happen to businesses. This can happen to you. In order to recession proof the business of you, you must have a direction and you must set goals while holding yourself accountable. Here are a few questions that have helped many to start identifying how to recession proof their earnings.
Recession Proof Questions: Goal Setting
Have you formulated professional goals? What will you get if you achieve your goals? If the answer is longevity and the ability to continually have streams of income coming in then you are on the right track.
How would your life be different than today if you achieved this goal? If the answer relates to being able to enjoy your life, friends and family, meet obligations, and make money then you are well on your way.
How do you get started?
Start with three financial goals; whether in a company or if you have your own business or seeking employment, set three goals with an eye toward minimizing expenses, maximizing resources and expanding revenue streams. Any goal made for a business should strive for achieving the best value. It should be contemplated as a business goal that places as much emphasis on saving money as making money.
What kinds of goals (other than financial) can make you recession proof?
The recipe is simple. Each goal you make should fulfill a bragging right after it is accomplished. Make it quantifiable, like a resume entry; "I will sell 59 widgets in the month of May" translates into "sold 59 widgets in the month of May". This way, when you accomplish a number of goals, it is easy to list accomplishments or bragging rights that then become your track record. Having a substantial track record of achieving quantifiable goals is a wonderful promotional tool anywhere; your accolades will be readily accessible whether you seek an on-the-job promotion, new customers for your own business or a resume for new employment.
Do you hold yourself accountable?
Goals mean nothing if you are not committed to accomplishing them and overcoming the challenges, if needed. Hold yourself accountable and if you need to make daily, weekly or monthly goals to lead up to the ultimate goal then do so.
Goals, lead to bragging rights, bragging rights set the stage for a powerful brand that earns you money...even in tough times.
I challenge you today to evaluate if you are recession proofing your earning potential. These simple questions and tips could position you for continued success and set the stage for increased enjoyment and satisfaction gained from understanding the essentials of recession proofing the business of you.