Modern Business Magazine June 2016 | Page 7

MODERN CAREERS nor inspired by what I was doing, yet I had become complacent and comfortable in my job and was not really moving forward. So while there was enormous risk in me losing my job, I was prepared to take on and manage this risk as best I could and make the most of my new found liberty. Based on leading research, there are 3 key critical areas to address immediately post redundancy: 1 Revisit Your Finances And Determine Your ‘Need’ Income I worked out that I didn’t need a high paying corporate salary to survive and that I could do any number of things in order to earn income and as long as I brought in enough to cover my need income, I’d be ok. What is the bare minimum income you need to earn each month in order to pay the necessities such as rent, food, bills? 2 Determine What It Is You Want To Do I needed to have a strong WHY for going down this path into my own business. It had to be strong enough to beat the odds, overcome all the negative talk that was surrounding me, lift my spirits when I felt down and out and finally give me a purpose bigger than myself to remind me of why it was that I needed to succeed. Have you got a burning ambition that you’d like to undertake? This could be the perfect opportunity to explore this. 3 Invest In Your Ongoing Education Personally, I love reading books, watching dvd’s and videos, listening to podcasts, going to seminars, workshops and getting good advice from mentors and coaches. This type of activity ensures that I constantly skill up, ensuring I do not become obsolete and also ensures that I have the ability to create a life I deserve even in the toughest environment. How much of your time do you invest in your ongoing personal development? It’s never too late to begin this journey. If you have started this process then that’s fantastic, because whether or not you actually become made redundant, I think it’s prudent to prepare yourself for when you’re no longer in your current role. What it will do is get you to think about your future, evaluate your wants and needs carefully and look beyond the horizon of your current job. Life is full of abundance and worth contemplating on and making sure you are equipping yourself for the journey ahead, through the good times and the bad. If and when you do face a redundancy and perhaps you are going through this right now, you will have done your homework to work out exactly what your next steps should be and you’ll be confident moving forward. Gavin Sequeira is proof that there is light at the end of the tunnel. Having completed an MBA and a successful corporate career at IBM and Oracle, he successfully made the transition to running several of his own business and has helped many others to do the same. Gavin is an active speaker, coach and author of ‘Break Free From Corporate - Be Your Own Boss’ (available on Amazon) and runs a program designed to help people during their transition. For more information please visit www. breakfreefromcorporate.com or email [email protected] June 2016 ModernBusiness 7