Posts Tagged job security

In an economy such as this, I may be beating a dead horse in discussing job security but for those who hang on to certain notions of this myth, my goal is to rewire thinking.  The millenial generation (we’ll call them genYers) is developing far different thought processes than their baby boomer parents and older generations.  During the first half of the 20th century, the key to the good life was putting in 30+ years at a company and retiring with the gold watch and a pension.  As Donna Fenn puts it in her book “Upstarts”, entrepreneurship was compared to hocking watches on a street corner, essentially, looked down upon.  One of the biggest arguments put forth is regarding job security.  Ideas such as “better safe than sorry” permeate the discussions.  A big strong company will take care of you and the whims of the market can’t take down the big boys like they can a small business.  Being self employed is dangerous and risky.  As the market has marched on, the truth has been quite different.  Not that the small businesses are surviving any more than others but simply that the big boys can and do fail, leaving many unemployed.  Even if complete failure isn’t the issue, cutbacks and downsizing lead equally to lost jobs.  What I find very interesting is the fact that job security is basically lost when it is needed most.  You might work for a large company for years with all this great security.  Suddenly, the economy takes a turn for the worst and the word at the water cooler is big downsizing and your position is on the chopping block!  The fact is, when you actually had job security is when everyone is doing well, including the small “risky” business.

Entrepreneurs have True Job Security

Job security ultimately is found Read the rest of this entry »