Two good days in a row?
What the hell is going on....
Anyway, it wasn't super amazing or anything like that, but finally (it hasn't been that long) I was able to spend some time with an old client and get the ball rolling on some consulting work for him, and then with 5-10 of his people. They are having some internal process challenges that I can hopefully help them overcome, and bring them more into alignment. It isn't going to get me near to where I need to be financially, but it is a step in the right direction and gets me closer.
I am taking the wins wherever I can get them.
I figure that this gets me to about twenty percent of the way to cover the loss of income from the end of my last role, and hopefully it will lead to some word of mouth growth within the organisation there, because they are massive, and global. Not that I am looking to operate globally myself, but it means that they need various kinds of support to facilitate them, and as a business English trainer in another life, it gives me a small edge in some instances, as clients are able to both talk their industry with me, and develop their language skills simultaneously.
Now that the first slice has been made, I need to keep cutting away at the deficit until I can pull even or ahead. Like many, I suffer from being content too fast, rather than continuously chasing for growth. It was part of my problem earlier too, because I wasn't comfortable enough to push my way into different parts of an organisation, because it felt somehow like begging. But if it is one thing I have learned from the last few years enabling the sellers, is that you often have to be bold, and just open up the conversation. It isn't begging, it is trading value. If I have no value to provide, or they can't afford to provide value in return, no harm no foul.
It is tough times for many out there, but desperation is not going to work. It would be like a guy going up to a girl in a bar, confessing how much of a loser he is and how he just really wants to have sex - and expecting her to be impressed.
Maybe it works sometimes?
From a workload perspective, I don't need that many contact hours in order to make ends meet, but getting enough hours is a challenge at the moment when so many companies are making cutbacks in personnel and overheads. I talked to one old client the other day, who even though he would like to get some support for his people, for the time being, his hands are tied. It is always interesting because the cost of my service over the space of the year is so, so little in comparison to what they are spending on pretty much anything else, and it brings value back to them and can often save them money. But, someone who might not even be in the same country, and has no idea of the day to day operations, makes the call.
Possibly, if I am able to get things moving on a couple other cases in the next couple months, I might not have to spend any time at all getting any kind of support from my unemployment fund. That would be better, because while it is "free money" for a period of time, it will also be reduced for anything I earn from my business. This means that I will effectively be working my business and not getting paid. So ideally, I will get enough to make it "worth it" in the short-term, as well as the long. I will still be looking for something that provides an extra income on the side, but having more income coming in means I can take my time with it so as to find something that is both suitable for me, and still allows me to continue my consulting on the side.
There are so many things going on all the time that I am trying to consider, but it is made even harder where it feels like there is a ticking clock in my ear. But with another win today on the back of some social wins yesterday, the tick is a little fainter tonight.
But it is still there.
Taraz
[ Gen1: Hive ]
That's great news! I wish you the best luck. Hopefully it turns into something bigger for you. I know what you mean about settling for being content. I think that is part of the reason I have stayed in the same position for so long.
I would do the same again I reckon. Though, I will try to grow more first :D
Congratulations! Win is a win and one win at a time you will eventually succeed. When you are self employed it seems like nothing is happening, but in reality wins come and at the end of the year you might realize that you have hit your target or even exceeded it. I am speaking based on my wife's experience, she thinks that she is not doing enough promoting her business but when we added up 2024 she beat her targets :)
BTW thank you for voting for my SPS Validator node!
Congrats to her! That is awesome news. I think that once I get rolling, I am going to have to be a bit more formal than I was earlier and actually set some targets :)
No worries!
That's absolutely true - but you need a long-term-mindset for that. There is spending, and there is investment. And as a business owner, one always has to be able to make the case for an investment. In harsh times, there sometimes just is no money for investment, since the current costs are too high. And rent, employees and material are usually better investments than consultants.
I myself usually go the other way around, like Adam Smith said. In good times, I save up - usually it's too high of a workload anyway to be able to research investments and see if they make sense. In bad times, I do just that - I look at how the last high season went, what didn't work out and how to improve it, and if there's a way to deploy capital to that and make a good return.
Exactly. Where I would be of value for an organisation in this situation though is, I can help them maintain and retain some of their key people from leaving, or losing productivity. It isn't just those who lose their job that are affected, those who remain have issues too.
When its raining and everyone is looking for cover - it is good to be able to work in the mud
That is a very interesting skill. I never got into that position, the key people get paid too well to be wanting to leave. But I always worked differently than the regular business system, so I might not be the best to use as an average :-D
Wish you all the best for the job, and may it bring a lot more!
Steps in the right direction of where you need to be is much better than not budging an iota.
Non-zero chance she's impressed by his honesty if nothing else XD
I understand why they exist but this is generally why I don't like head offices.
I don't think I'm quite understanding how your employment fund works, do you have to pay it back and that's why you'd be working without getting paid?
I think I know the ticking you're talking about but it's a different kind of feeling for me (I'm assuming you hear a ticking sound in your head from the tone of the post, I am constantly feeling like I'm running really late/forgetting something/all of the above). Do you think it ever goes away x_x
And after a few drinks...
It is a bit different here. There is the government social security (similar to Aus), and then there are unions and unemployment funds. I am not part of a union, but what the fund means is that I get a percentage of what I was earning prior for something like a year. It will work out to about half of my previous salary. However, it is a bit more complicated for me because I also am earning in my business, so it is a toss up for how long I will get anything from the fund. It hasn't started yet, and this is my first time ever, so I will learn more later.
I don't think so. But perhaps there are times where the ticks are spaced out a little more :)
It sounds like you are doing great in helping companies with their problems and make them great again. Like, being a superhero who spot a problem and then comes up with an outright solutions. And, if I am not mistaken, when you said that you want to get back again to where you were, it is sound to me like you want to level up in the game! But, I also know what you mean about settling for being content to fast.
And those big wins you have mention, like about getting 20% to cover the loss of income, it's smart to take. I totally understand about wanting to get more jobs without it being like, begging. It is likely when you want to ask a friend to play but you don't wanting to seems like too desperate. Meanwhile, the bar thing? LOL, that's kinda funny.
It is a bummer that some companies can't hire you right now, even if you are really helpful. Again, you are right, being patient and hard work is way better than getting stressed. I hope you get lots and lots and lots of wins soon, and that ticking clock will shut!
I would be happy getting back to where I was, plus maybe 20% for the inflation :)
This year was looking pretty good all in all, but now with how politics are going, it is hard to predict exactly what is going to happen. Some will make a hell of a lot of money - most will lose.
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I'm having a good day today too. It seems to me that I have found 2 stocks that can be arbitraged over a distance of several years. Probable average return of 1-2% for 5 days (on futures). Will I really become a multi-millionaire :)
Sounds too good to be true, doesn't it?
Yes. But this is the second day I’ve been doing calculations. Didn't sleep all night :) Over a 15-year period, one stock was consistently worse than the other in both bull and bear markets. Every year. And these are the 2 largest stocks in their sector.
In my opinion sir, you're making solid moves. Even if it’s not huge yet, getting that ball rolling should be considered a win. And yes, asking for work isn’t begging, it’s just offering value