Ah, 2004. U.S. unemployment was a mere 6% and the average home price reached $264,540. 2004 was a time when many people lived well and earned more. Well today, many industries are either down and out, or out altogether, and many cities throughout the U.S. still have high unemployment rates. Silicon Valley is an exception.
Many sports fans fantasize about have a job in the sports industry, whether as a sports agent, a general manager of a sports team or as a sportswriter. Fortune recently ran a profile of Steve Greenberg, the king of the sports deal. He’s one of the most powerful man in the sports business, and his story can be helpful to anyone who wants to learn more about this business and possibly find a career there.
Of course, few people have the connections or education this guy had, but we’re not talking about replicating his incredible career. It’s about learning things about the business you want to be in, and then figuring out if there’s a place for you!
This is a great trend. With easy high-speed Internet access and improved technology, more people can work anywhere they like, and many of them are choosing to work at the beach.
While you’re Dilberting away in your cubicle, there are people taking conference calls in board shorts and flip-flops. While you’re saving your two weeks of vacation to hit the sand, they’re getting paid to be there. There are people—even respectable people—who have somehow turned a folding chair into a place of work.
Aided by technology, pioneers are now converting the beach into a fully functional office. People who work from the beach in non-hotel, non-burger-stand, non-pot-dealer capacities are still rare enough that no agency tracks the phenomenon. Brooks Brothers does not yet make a three-piece bathing suit; Herman Miller doesn’t sell an Aeron chaise.
It’s not like these beach workers are slackers; they just don’t like being controlled. It’s the same reason why we TiVo shows or e-mail and text more than call. When you can work from wherever you want to be—especially if it’s the place where everyone wants to be—work isn’t so bad.
It helps to be self-employed.
Yes, it definitely helps to be self-employed. It’s frankly one of the best reasons to take control of your career and start your own business from home . . . or the beach.
That said, this option is open to everyone who is willing to take more control of their career. Sure, you may not be able to do it all the time, but you’d be surprised how often you can escape the office if you begin to train your boss.
This is one of the arguments popularized by Tim Ferris. Check out his site at 4-Hour Workweek for ways to do this. In a nutshell, they key is showing your boss over time that you can spend days away from the office and still be just as productive. Once you establish this, it won’t matter whether you do this from your home or from an exotic beach. He doesn’t have to know and he shouldn’t care if he does.
Is the life of an entrepreneur for everyone? Probably not, as it can be rather demanding and it’s hard to imagine living that life unless you have a passion for business or for the service or product you choose.
The next question involves whether you can learn to be an entrepreneur. Some people may want to do it, but they really aren’t prepared to make a successful go of it.
BusinessWeek recently had an interesting article on the challenges facing young people in this economy. Many of them just can’t land jobs.
Bright, eager—and unwanted. While unemployment is ravaging just about every part of the global workforce, the most enduring harm is being done to young people who can’t grab onto the first rung of the career ladder.
Affected are a range of young people, from high school dropouts, to college grads, to newly minted lawyers and MBAs across the developed world from Britain to Japan. One indication: In the U.S., the unemployment rate for 16- to 24-year-olds has climbed to more than 18%, from 13% a year ago.
For people just starting their careers, the damage may be deep and long-lasting, potentially creating a kind of “lost generation.” Studies suggest that an extended period of youthful joblessness can significantly depress lifetime income as people get stuck in jobs that are beneath their capabilities, or come to be seen by employers as damaged goods.
Equally important, employers are likely to suffer from the scarring of a generation.
This danger of “scarring” seems real, but if you find yourself in this group you have to be proactive and NOT let this hurt you. That may sound easy, as options are now clearly limited. However, on the other hand, the dire condition of the economy can also be used to alter your perceptions of what you need at this time in your life. Many graduates expected to get a high-paying job immediately upon graduation, and now many of those job aren’t available. Yet is that what you really need RIGHT NOW?
In many cases the answer is no. Maybe you can now consider a cool internship that pays little but offers an incredible experience. Perhaps you can take a much-needed break and go on that backpacking trip that you dreamed of doing after college. This of course depends on your funds, though the cost of travel has plummeted.
Alternatively, you can be aggressive about doing something entrepreneurial or contracting out services online.
We know if sucks out there, but you have to make the best of the situation you’re facing. Get motivated, and good things will happen!
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