Bracing for Uncertainty
VALYOU: Create Personal Competitive Advantage in Your Career
English - March 26, 2020 02:30 - 12 minutes - 16.7 MB - ★★★★★ - 1 ratingCareers Business Management management career employment strategy india jobs Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This podcast took an unplanned break, initially due to some health issues that I had and later, the inertia of resuming it.
But this seems like a good enough time to restart the podcast.
In this period of crisis and uncertainty, the Gig-workers are the first to experience loss of business. Many people have had their projects deferred or even cancelled. When you are essentially selling your time, and nobody wants to use your time right now, your earnings dry up.
For a detailed read, I would recommend this wonderful post by Dan Schwabel on LinkedIn -- How Hourly Workers Can Make a Living During The Corona Crisis. I also refer to R Jagannathan's book, some useful pointers about the impending jobs crisis can be found in this article.
What is the most important and urgent thing that you can do, if you are faced with the uncertainty of income? Nothing you do on the income side will yield you overnight results. The urgent thing that you can do is to lower your expenses. If the inflows are reduced or have become erratic, the first thing you have to do is to manage the outflows.
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