The Economy of You summary

If you remember how tough it was starting your current job, finding a new one might seem pretty daunting! That’s because we often have no clue where to start. So at this stage, it’s best to keep things simple and ask yourself what you’re good at.

Take the time to reflect on yourself as an employee by listing the skills you’ve gained in your current job and how they might be useful in other professions. For example, if you’ve learned great management skills at your hospitality job, you might enjoy taking on coaching as a second job, where you assist clients in organization and planning.

A great network of friends is something we should all aspire to have. Their support often comes in handy when facing challenges, such as relationship and family troubles. It’s also great for starting new business endeavors.

As you start to find your footing in your second job, you’ll need a network to show you the ropes, and connect you with customers and other businesses. So if you don’t have any friends in your new field, it’s time to make some!

Whether it’s a disappointed customer, a disastrous workshop or a declined application, failure can make you question your ability to maintain additional streams of income. Failure is a perfectly normal part of life – it happens to the best of us! If you find yourself at a dead end, don’t despair. What matters most is how you bounce back.

There are three steps to making the most out of failure. First, learn from your mistakes. The internet is your friend here. Seek out stories of failure similar to yours and see how other people have grown from them. This will console you and remind you that you’re not the only one who’s gotten lost along the way!

Do you believe that “what goes around, comes around”? While ideas of karma may seem a little superstitious, any successful businessperson can tell you that they do apply.

In previous blinks, we found out that having a network of supportive friends can be great for getting your second job up and running. If you want to maintain these friendships, you’ll need to be a good friend. Sounds obvious enough, but it’s easy to forget in the early stages of your business when you have a lot to lose. That’s why you should be willing to make sacrifices and help others out when they ask. It’s worth it, because they’ll be more likely to get your back in the future.