Advertising
Advertising

6 Reasons Losing Your Job Can be a Good Thing

6 Reasons Losing Your Job Can be a Good Thing

Unexpected things happen all the time; it’s a part of life. Sometimes those things are good, sometimes they just flat out stink. I recently had the misfortune of losing my job. The company I worked for announced, out of the blue, that they were merging with another company.

My first thought was panic. We needed my paycheck. My husband, friends and coworkers kept telling me things would be fine and that I just needed to start looking for another job.  I realized very quickly that if I didn’t stay positive and focus on the good, then all the bad would overwhelm me.

I’m not trying to belittle the pain and anxiety you feel when you lose your job. Trust me. I know how it feels. But in my experience, you can’t let the loss overcome you. You have to focus on the positive things or you’ll make this experience even harder than it has to be.

These are some of reasons I have found that losing your job can be a good thing:

Advertising

1. You finally have the chance to go back to school.

For many people, school is something they either didn’t get to do or haven’t finished yet. In my case I didn’t have the chance to finish my bachelor’s degree. I realized when I lost my job that I didn’t want to go back to work, I wanted to finish school. Finishing school will open more doors for me in the future than working would.

This choice is exciting and scary all at the same time. I haven’t gone to school in almost 10 years.

You need to make the decision whether continuing your education would benefit you or not and if it would be worth it.

2. You can spend some much needed time with the people who matter most.

You could spend these next days sleeping in and then sit on the couch all day and veg or you could wake up in the morning, get ready for the day and spend time with your friends and family. They are your support, they are the ones who will help you make it through this rough patch.

Advertising

Take advantage of this time and spend it with your friends and family. You could even ask for their help to spread the word that you are looking for work.

3. You get to choose whether or not to go into the same line of work.

Many people find that the field they have been working in isn’t for them but hesitate moving into a new field because the unknown can be scary. If you lose your job, you’re pushed into the unknown whether you want it or not. This is your chance to change your career path.

Take a minute and think about what interests you. I once heard someone say that whatever you do in your free time is what you should be doing for a living. Look into all of your options don’t just fall back on what you’re comfortable with.

4. This gives you the chance to reevaluate your priorities.

During this time some people realize that their priorities have been too focused on the wrong things. Maybe they were working too hard or not enough. Maybe their family was being pushed down the list. Some people find that they were living a little too far out of their budget. Use this time to sit down and evaluate your life. Find areas where you could cut back and areas that need a little more.

Advertising

It’s times like this that allow you to have a new start. You can decide now to make the changes that you’ve wanted to or needed to but couldn’t find a way.

5. You can take this time to travel.

Even though money might be tight, you can find ways to travel without breaking the budget. Whether you drive out of state to visit family or go camping for a week, there are always things to go do that get pushed off because of work.

Make sure that you set a budget for yourself and stick to it. When you don’t have paycheck coming in, you have be wary about how and where you’re spending money.

6. Find a better company.

A lot of people find that they get stuck working in a position for a company that they don’t like. As I stated before, quitting is scary because you’re choosing to step into the unknown. But, by losing your job, you’re being forced to step out. This is your chance to look and see what other companies are offering. Another company might provide better hours, more benefits, even a friendlier work environment. You should look for a company that provides whatever you felt your previous employer lacked.

Advertising

On the flip-side, there are a lot of people who loved the company they worked for. But you just have to remember that you can find that again. A new company will be different, but that doesn’t make it a bad thing. Stay open to new experiences.

Losing your job is hard, trust me, I know. But by focusing on the positive side of things, you are able to see things in a different light. You’ll find that when something like this happens, you can keep moving forward. It’s not the end of the world. It’s not even the end of your career. You can find new opportunities, meet new people and get started on a new path.

Featured photo credit: David Shankbone via flickr.com

More by this author

6 Reasons Losing Your Job Can be a Good Thing 24 Life-Changing Questions You Need to Ask Yourself 15 Things Happy People Do On a Daily Basis 13 Crucial Survival Lessons the Teachers Wouldn’t Teach Your Child 3 Insecurities We All Have And How To Deal With Them

Trending in Work

1 What Are Analytical Skills (And How to Strengthen Them For Success) 2 11 Tips on How to Resolve (Almost) Any Conflict in the Workplace 3 Why You Have the Fear of Failure (And How to Overcome It) 4 How to Run an Effective Meeting: 10 Simple Ways 5 10 Habits Of People Who Are Highly Successful At Work

Read Next

Advertising
Advertising
Advertising

Last Updated on May 20, 2020

What Are Analytical Skills (And How to Strengthen Them For Success)

What Are Analytical Skills (And How to Strengthen Them For Success)

Everybody makes bad decisions. Some people, however, are more capable of making better decisions that inch them closer to success.

These individuals are not ruled by emotions, desires, or hunches. Rather, they depend on their analytical skills to overcome challenges regardless of urgency or complexity.

What Are Analytical Skills?

According to Richards J. Heuer Jr., a former veteran of the CIA,[1]

“Thinking analytically is a skill like carpentry or driving a car. It can be taught, it can be learned, and it can improve with practice. But unlike other skills, it is not learned by sitting in a classroom and being told how to do it. Analysts learn by doing.”

Analytical skills can be considered as one of the critical life skills that are not taught in schools. It comprises of visualization, critical thinking, and abilities for gathering and processing information.

Here’s a closer look at some of these abilities:

Visualization

Also tied to a person’s creativity, visualization is the ability to predict the possible outcomes of strategies and actions. In a professional setting, visualization involves the analysis of data – often through illustrations like charts, graphs, and detailed lists.

Critical Thinking

Simply put, a person’s ability to think critically can be measured by his or her consistency in creating reasonable decisions. It pertains to the ability to evaluate information, siphon what’s useful, and draw conclusions without being swayed by emotions.

Advertising

As a critical thinker, you’ll find yourself challenging assertions and finding loopholes in proposed solutions.

Computing

Whether you like it or not, you need to be comfortable with numbers if you want to sharpen your analytical skills. Bear in mind that computing encompasses other skills like cost analysis, budgeting, and performing general calculations.

In business, you need to use computations when weighing the risks and benefits of any given strategy.

Problem-Solving

Remember that analytical skills are used not just to understand problems, but also to develop the most suitable course or courses of action. This relates to your goal-setting skills, which involve breaking down and prioritizing between objectives.

Resource Management

Lastly, analytical skills involve some degree of resource management depending on the task at hand.

For example, professionals with a tight schedule must know how to effectively manage their own time – also known as one of the most important resources in the world.

Business leaders, on the other hand, must know how to manage company resources, including cash and manpower. Take note that the definition of analytical skills may change to match the requirements of a specific situation.

For example, upon hiring a web developer, analytical skills may refer to the ability to determine the needs of online users, understand web analytics for optimization, and identify visual elements that can match a company’s brand.

Advertising

The skillset above, however, should be applicable in most if not all scenarios.

Develop Your Analytical Skills for More Growth Opportunities

There’s no question that the right decisions lead to positive results. It doesn’t matter if you’re running a business or simply trying to climb the corporate ladder. By training your analytical skills, you position yourself for more growth opportunities while staying away from negligible actions you will regret.

For example, you plan to launch a new startup in your local community – but struggle to decide the niche you want to enter. Since you’ve been a technophile your whole life, part of you desires to invest in a gadget store. If you’re passionate about your business, success will come – right?

If you have sharp analytical skills, you begin to see your plans in whole new dimensions.

What are the possible outcomes of this venture? Does the local market have a need for a new gadget store? How much do I need to get started – and how much should I sell to make a profit?

Depending on your findings, you can determine the feasibility of your business idea without letting your emotions get in the way.

6 Ways to Strengthen Your Analytical Skills

There are several approaches when it comes to developing an individual’s analytical skills. For instance, psychologists agree that reading fantasy stories as a child can help sharpen critical thinking.[2]

Research also suggests that undergoing traditional education has a positive effect on a person’s IQ and analytical skills.[3]

Advertising

But as an adult, such opportunities to hone your analytical skills no longer apply. That’s why you need to devise a more deliberate, active approach yourself.

Below are a few strategies to get you started:

1. Ideate Business Ideas

Developing a profitable business idea, whether you pursue them or not, involves numerous challenges. You need a ton of research, computations, and problem-solving to create a tangible business plan.

You can organize your ideas with a note-taking tool like Microsoft OneNote or Evernote. Doing so will allow you to delve deeper into your analysis, organize your findings, and stay focused on roadblocks as well as how to solve them.

2. Leverage Analytical Tools

Aside from note-taking tools, you can also leverage other software that can help with analytical tasks. A money management app like Mint, for example, makes it easy to track your spending habits as well as manage your budget with visual tools. When it comes to prioritizing goals, you can use simple task management apps like Trello or Wunderlist.

3. Have a Personal Learning Library

Thanks to the internet, there’s a colossal amount of resources you can utilize to learn new skills, expand your vocabulary, and train your visualization muscles.

Social media networks like SlideShare and YouTube, for example, offer mountains of tutorials you can access to your heart’s content.

For a personalized learning library, you can download Instagram videos or GIFs from educational accounts like NASA Goddard and the American Mathematical Society. But if you prefer specific, technical skills, then a good place to start would be online learning platforms like Coursera, edX, and Alison.

Advertising

4. Participate in Online Communities

The internet is a great place to share experiences, opinions, and sometimes intellectual discussions with like-minded individuals. Reddit, for example, has a place or “subreddit” dedicated for every topic imaginable – from technology to entrepreneurship.

For structured debates, you can head to websites like Debate.org and let other users choose the winner via votes.

5. Seek Mental Stimulation

To keep your mind sharp, make it a habit to engage in mentally stimulating activities, such as chess, puzzles, and brain training apps. A great resource would be Lumosity, which contains dozens of cognitive games designed by teams of scientists and game designers.

6. Keep a Personal Journal

Finally, keeping a personal journal allows you to take a second look at everything that happened in your day.

Remember that writing about learning experiences lets you focus on the lesson rather than the emotion. It will help you analyze how you made your decisions, why you came to certain conclusions, and what you can do to improve in the future.

Here’s How to Create a Habit of Writing in a Journal.

Bottom Line

As an adult, you are required to face a myriad of challenges on a daily basis. Work, school, business, relationships – the list goes on when it comes to the sources of life’s problems. With analytical skills, you can confront and overcome any obstacle standing between you and your goals.

More Success Skillset

Featured photo credit: Campaign Creators via unsplash.com

Reference

[1] M. S. Ramaiah University of Applied Sciences: Analytical Thinking?
[2] KD Novelties: Why You Should Read Classic Tales to Your Children
[3] Economic Inquiry: The Effect of Education on Cognitive Ability

Read Next