So many industries are affected by the pandemic, many of which are powered by individuals that are actually or operate like independent business owners.
So what do you do if the coronavirus killed your job?
First, acknowledge that this sucks. Yes, this sucks. It’s okay to say it and own it. Take a day and maybe 30 minutes each day to let yourself tell the virus that.
Second, get organized. One of my client’s calendar went from full to empty in about 5 minutes. He freaked out and I had him take a 4-hour mental health break then make a commitment to get organized. I get it. I hear you. But I also know that you said last month you had “so much to do” and ta-da! The universe gave us this time. Get your business plans in order, schedule a professional coaching session to plan your next step, and try to remember you still have plenty to do.
Third, take control of your anxious thoughts. These thoughts are feelings are what make you human, and they also need to be managed by your rational mind. It’s important to let yourself understand exactly what you’re scared of (say it or write it down), get very specific, then make an action plan in case it actually happens. Realistically, it’s probably unlikely that your worst-case scenario will occur and be irreversible. But having the plan (just like a fire drill) will give you the control back, honor the real emotions you’re feeling, and allow you the peace of mind to know you have a plan no matter what.
Fourth, make a financial plan. This is BUSINESS CRITICAL. If you don’t have an advisor, use the Small Business Association tools and a trusted network of people to refer you for real professional and fiduciary help. Yes, money may get tight. Get your financial house in order. Make a list of every bill you have, mark what’s optional, then mark what’s really optional, and get ready to know when you need to start cutting back. Then make a list of options in case you need to ask for forbearance on your student loans, help with your mortgage, transfer your credit card debt to 0% financing offer card. Make the list and plan now. If you don’t need it, hell yeah and elbow bump! If you do, you won’t have the head-space then to make this list; you’ll just activate against it. You need to do the plan now.
Fifth, believe in the value of what you do while also exploring related / less impacted activities. If you do event planning, can you reach out to your clients and offer a virtual event package option? If you’re in hospitality, can you volunteer for a local organization or run online classes on social media for how to get into the industry or how to exceed in it? If you work in restaurants, can you play around with new recipes at home and start making your own self-published cook book / entertainment guide. All these keep you busy, give you purpose, add to your resume and help you re-engage and make money when things bounce back.
COVID-19 killed your job. It sucks but it’s not forever. Take control and use this next month to show yourself how strong you really are.
Want to talk more? Sign up for my professional coaching hours here or read my other articles on what to do if you’re feeling anxious, working remote for the first time, or a business leader responsible for managing through this.
About the Author
Kim is the founder of Centrally Human, a human-centric organization focused teaching growth through workshops, online classes, professional coaching and keynotes. Centrally Human works with all organizations and individuals to unleash growth by tapping into the awesome power of our human spirit, individuality and innovation. She is an award-winning author, entrepreneur, executive and licensed professional coach and university professor with bachelor and master degrees from Northwestern University. She’s also a mother, wife, sister, daughter, friend and counselor.