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247Sports · afroge

3d ago
Job eliminated after 30+ years
Summary
Pick/market: We sold a company last year, and I am in my late 40s, I did well in that.
We sold a company last year, and I am in my late 40s, I did well in that. Haven't decided if I am just done (I can be), or if I want to do one more. Here are some things I've learned or rediscovered since that happened last year: 1) Your title/team gave you purpose only because you got a fat paycheck. That was my #1 hurdle as a C-Suiter in energy, and it took a few months to get over that. I had to rediscover what hobbies I had and start those again. You know a lot; volunteer and coach/mentor, if you can fractionalize or consult consider it. 2) You're older, but still have a lot of runway if you take care of yourself. I started to get back into triathlons, and plan to start getting back into music. Those are hobbies but keep you busy, and keep your mind and body going. 3) Your real friends haven't forgotten you - reach out and renew those connections. If you decide you want to work for the man again, they can probably help you. If you don't know headhunters, start reaching out (lots of videos on FB, LI, etc.). Don't rely on LinkedIn, it's a cesspool. 4) Start something. Sounds scary, but scarier is getting to a layoff and that the only source of income you have is gone. In your 20s, 30s, early 40s, you can survive that with a lateral move or a step back to take two forward. Much more difficult in your late 40s/50s if you weren't in high management/VP/C-Suite to find the same role again. 5) Enjoy your time, you never know when that clock is going to strike midnight. Don't be the youngest entering the nursing home. Finally, if you don't know how to manage all of your money, figure that out and fast. All of them - Brokerages, IRAs, Roths, HSAs, etc. I have been a swing trader for over 30 years, I am a CPA/MBA, so financial planning comes naturally for me. I cringe when I see people "retire" and they figure out that their money manager has only had their interest in mind with moral hazard, not their clients. Don't believe me, you can watch this video here: https://www.youtube.com/watch?v=L7G0OfJUON8&list=LL&index=10

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Teams: Missouri

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