It is every worker’s worst fear to lose their job. Sitting there with redundancy looming, you
ponder what to do . Even if you are in a job you really hate, the prospect of no monthly revenue and the job benefit queue is a nightmare scenario.
Unfortunately, with the world ravaged by a pandemic, millions of people have already lost their jobs and meanwhile millions of others are wondering if redundancy is on the horizon. Every week you hear another tale of someone who has lost a stable position in a decent company. Your pressing fear is, 'Am I next?’
Redundancy, what to do now?
1) Don’t Panic!
Breathe, be calm and be pragmatic. What are your options now? Brainstorm all your skills and experience and look at the potential
online business options .
2) How long will my savings last?
Calculate how long your current savings will last. Do you need to sign on immediately? Plan to live on a budget for a time. Don’t leave it to the last minute. Be ready for scaling down.
3)
If jobs are scarce, what are my options?
The harsh truth is that the competition for jobs now is tough. Setting up your own business could be the answer. But what are some of the best choices for starting an online business after redundancy? What to do now?
So currently there are 3 types of businesses that are literally flourishing. Three ‘Kings of Industry’.
So brush yourself off, forget what you’ve left behind, and let’s explore the Magi of Online Business ventures:
Three Kings of Online Business
Forex
Everybody is talking about Forex right now. If you are looking for a recession-proof business, this could be the one for you. You don’t have to be a mathematical genius because using a revolutionary A.I. Bot, you can follow all the latest market trends. So faced by redundancy and what to do, this could be a winner,
just like this grandma who is acing it!
Forex businesses are earning on average 30 to 40% on their investments per month. The Forex market is worth a mindboggling $5.3 Trillion dollars. Is this the one for you?
E-commerce
In 2021, the E-commerce industry is expected to take a cool
$4.5 Trillion dollars . Covid made digital online businesses boom out of sheer necessity. The choices are wide for this sector with Amazon, E Bay and Shopify packing the biggest punches.
Whether you want a
passive income or something more hands on,
e-commerce could be your perfect ticket to a better life. This is also something to consider as a second income.
Digital Marketing
Dreading redundancy and what to do? Well, take a serious look at running your own digital marketing agency without prior experience.
Virtually every company in the modern age needs to be digital marketing savvy. There are a number of choices for you to start a digital marketing business. You might fancy supplying small and medium-sized businesses with
A.I. websites and Apps without previous experience.
However, running a
Social Media agency might be more your cup of tea. Whatever your choice, Digital Marketing is a growth sector with a plethora of online business opportunities.
So if you are feeling gloomy about redundancy, break out a smile and pack up your troubles.
Redundancy could be the gateway to the life you always dreamed of!
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