A new book by Jay Conrad Levinson & Andrew Neitlich

Another reason to be self-employed

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As the economic recovery continues, and more jobs become available, the news is not great for those of you who are looking for a GOOD job.

See, for instance, http://news.yahoo.com/s/yblog_thelookout/20110309/ts_yblog_thelookout/jobs-returning-but-good-ones-not-so-much

This article reveals some sobering facts, all of which once again support the idea that you need to get out there on your own, as soon as you can:

• Lower-wage industries (fast food, retail clerks, etc.) were 23 percent of the jobs lost during the recession, but 49 percent of the jobs gained over the last year. Meanwhile, industries that pay well accounted for 40 percent of the jobs lost, but just 14 percent of the jobs gained. The implications are not great: Low paying jobs are taking up more of the pie, while quality jobs are losing ground.

• Those working who have part-time jobs and want full-time ones surged in mid-February to 19.6 percent. In other words, many of the newest jobs are only part time.

• Productivity rose 5.2 percent from mid 2009 to the end of 2010, but wages increased by just 0.3 percent. That means only 6 percent of productivity gains were shared with workers. In past recoveries, that figure has averaged 58 percent. Shareholders are doing well, but employees are not.

What this means to me is not that government needs to get involved to help the poor victims who can't find good jobs. It means that YOU need to take control. Be more agile, instead of being a career cow (ready for slaughter at any time). Learn what it takes to stop being attached to the concept of having a job, and to get out there and start your own business!

Whether you start as a consultant (a real one, not just one that posts the word consultant on LinkedIn so you don't look to be unemployed), start an internet-based business, start a low-fixed-costs/low-barriers-to-entry business in your local community, or form a team to buy/start a bigger company -- start controlling your destiny today.

The world has changed, and many of us need to change with it. This advice is not for everyone. Many people can't handle this kind of rapid, gut-wrenching change. For those who can, the opportunities are there!


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