There are many paths open to us when facing redundancy. How do we know which one is right for us and who is best placed to give us advice?

The options might include:-
a. Finding another job. Within this there are further options. Do you find a job:-
i. similar and in the same area to the one you just left?
Could be the safe bet provided there are vacancies
ii. in the same industry but at a more junior level?
This might be for you if you are not (or are no longer!) ambitious or your income
requirements have dropped
iii. similar to the one you’ve left but in a different area?
b. Change your career
Is there something else you have always wanted to try?
c. Take a career break?
This might be an option if you have received a healthy redundancy package
d. Start your own business
You may have a long held desire to start a cleaning business or open a cake shop.
Now could be the ideal time
It is likely to be obvious to some of our readers straight away which of these options are not feasible – you may have children at crucial points in their education which would put relocation at the bottom of your list – but some are more difficult. How do you decide and who do you listen to?

Do you listen to the well meaning, parent, partner, friend or sibling who love you and know you best but might not share your passion or entrepreneurial spirit? Or so called experts who might understand the business side but can’t understand your personal circumstances?

The following are some pointers when you are going through this decision making process:-
1. Get some expert advice, not so that you might follow it blindly, but to be educated and to allow you to make the decision that is right for you from a position of knowledge
2. Do your research. If you are looking to set up your own business, how much time can you afford to invest before you need to earn any income. Is there a genuine market for your product?
3. If those you know and love seem concerned about your planned course of action, remember they are motivated by wanting the best for you. Accept their concerns as an inevitable part of the process, listen carefully to what they have to say, acknowledge their concerns then address each point, tell them what you feel are the pros and cons and ask for their support
4. Fast forward yourself to two or three years time. If you go for the easy option today will you regret the fact that you by passed the opportunity you had to explore something a bit more radical?

Only when you have done your research, taken account of the long term view and weighed up all the pros and cons after hearing the views of experts and your loved ones will you be in a position to make a reasoned decision – one that is right for you.

And in the words of Cicero, Roman philosopher – Nobody can give you wiser advice than yourself.
Allison
Website: www.macintoshwright.com Business Coaching specialists
Twitter: http://twitter.com/Allison_M_G
Blog: http://www.macintoshwright.com/beyond-redundancy-blog/
Facebook: http://tiny.cc/lXKs8

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