![man in hoodie standing in front of the mountain by Matt Sclarandis courtesy of Unsplash.](/sites/kevinrademacher.us1.advisor.ws/files/styles/max_325x325/public/unsplash/S_IV6KqGeso.jpg?itok=dqjhI5SS)
7 Steps to take after Terminated from your Job
Being fired from a job can be a stressful, difficult, and emotional life event, but you need to handle the situation with professionalism and resilience. Here are 7-Steps to take after being fired:
- Stay Calm and Professional: It's natural to feel a range of emotions, but try to remain calm and composed. Avoid reacting impulsively or burning bridges with your former employer. Maintain professionalism in all your interactions, including exit meetings and discussions with colleagues.
- Understand the Reasons: Take time to reflect on the reasons for your termination. If not already clear, ask your employer for feedback on why you were let go. Understanding the reasons behind your termination can help you identify areas for improvement and prevent similar issues in the future.
- Assess Your Finances: Evaluate your financial situation and make necessary adjustments. Calculate your expenses and determine how long your savings can sustain you without a steady income. If applicable, file for unemployment benefits to provide temporary financial assistance while you search for a new job. Consult with an independent CERTIFIED FINANCIAL PLANNER™ professional, and build a personalized Financial Plan to navigate the job loss and plan for future life events you may encounter.
- Update Your Resume and LinkedIn Profile: Update your resume to reflect your most recent job experience, even if it ended abruptly. Be honest about the circumstances of your departure, but focus on highlighting your skills, experiences, and accomplishments. Update your LinkedIn profile accordingly and ensure that your online presence presents you in a positive light to potential employers.
- Network and Seek Support: Reach out to your professional network for support and guidance. Inform trusted colleagues, mentors, and contacts about your situation and ask for referrals or job leads. Attend networking events, industry gatherings, and job fairs to expand your network and explore new opportunities.
- Develop a Job Search Strategy: Create a strategic plan for your job search. Identify your career goals, target industries, and desired job roles. Tailor your job search materials, including your resume and cover letter, to align with these goals. Utilize online job boards, professional networking sites, and recruitment agencies to find job openings and connect with potential employers.
- Unleash the hidden Entrepreneur: Use this transition period to invest in yourself and enhance your skills. Explore the www.score.org/startup-roadmap and connect with a local mentor to explore opportunities to utilize your unique skillset, pursue your passion, and launch your own small business.
Remember that being fired from a job does not define your worth. Stay positive, resilient, and proactive in your job search, and remain open to new opportunities that may arise.
If you are seeking trusted advice, creative financial solutions, and want to speak about your specific situation, schedule time to connect now https://calendly.com/lifetimefinancialplanners.