Do What You Know Best

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When faced with unemployment, many people become terrified at the prospect of trying to find a new job. Using past job experience as a point of reference, they look for similar jobs in similar industries doing similar things. What they don't do is to take a detailed assessment of their personal skills and everything that they've learned over their career to date. Many people tend to think in terms of the specific job tasks that they perform regularly, instead of the conceptual skills that they have mastered over the course of their employment.

For example, anybody who's been in business for any amount of time and has managed any level of success has learned how to build and create working relationships in their place of employment. They understand how to deal with people, perhaps how to manage people, but most importantly, how to communicate effectively and work as a team. Even though this sounds like a very simple and obvious ability, it is clearly a skill. The ability to create a team, and to work within it, is an ability that can be translated into tremendous success.

The other thing that anybody who has worked for a living has learned--even if they aren't aware that they've learned it--is how to create and provide value in return for something. The basic employment equation is essentially a value transfer. You go to work for your employer and do certain tasks. The employer in turn pays you money for the work that you've completed. Now unfortunately, in our economy, many people have learned how to work the system so that the value exchange becomes a little bit fuzzy. If you're one of these folks, particularly at a time when unemployment rates are rising out of control and we are facing a global recession, you need to rethink your value exchange and ensure that you're delivering outstanding value for the money are being paid. Otherwise you are most certainly a target for downsizing or termination.

The key here is that if you are a successful employee you understand what a value exchange is. This translates into the fundamental equation for entrepreneurs starting their own business. And that's the point--even if you think you have no skill at running a business, or no experience in setting up your own business, apply everything you've learned in your job, and it becomes feasible. Doing so by leveraging the Internet is very realistic and people are doing it every day. Literally any skills and abilities that you have gained and mastered over the course of your career to date can be successfully translated into a home-based business. Go online and research opportunities that meet your specific needs.
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