We all know the days of the job for life are long gone, but what hasn’t gone is the notion that we are defined by our job. Isn’t still normal that the two commonest questions when we first meet someone are: what’s your name, and what do you do? (Yes there maybe some small talk in there too, and the questions may be a more subtle than that – but the overall premise is the same). So, “Hi my name’s Charlie and I work for ‘super-bank’ in the city…”, becomes the norm. Now Charlie keeps working with ‘super-bank’ does well and starts climbing the ladder, and then is flattered to be head hunted to join a team at ‘excel-bank’. Excel-bank is more dynamic and is going places, the bonuses start to flow, and the “Hi I’m Charlie, I’m doing really well at Excel bank….”, train is alive and well. Charlie revels in the status, security, perks, and support that Excel-bank provide.
The credit crunch arrives and the fantastic deals don’t look so fantastic any more, and Charlie becomes just another statistic. He out on a limb, all the other banks are in a similar place, so a switch to a competitor is not possible any more. He’s ok though, he’s got a good settlement and a few thousand stashed away, he’s a smart guy and he’ll work something out.
The well earned rest, the holidays, and the catching up on all those odd jobs are all sorted. Somehow reading another book doesn’t have the same appeal now that there’s ample time to do it. It’s starts getting a little unnerving to see the expenditure outstrip the income month on month, even though the reserves will last some time yet. His circle of trusted contacts at Excel and Super just seem to be too busy to take his calls, and meet for lunch, the ones that left at the same time are beginning to sound despondent so Charlie gives them a wide berth.
Charlie decides that self employment is the way forward, after all he’s seen so many people half as capable as him running their own business, and it was easy to spot improvements when he was in his bankers’ chair. He set’s up a business, gets stationary, website, and a few adverts sorted. It’s exciting times, it’s great to have the freedom to decide what to do and when, and dream about the future success that will be with him soon. He contacts all his friends and colleagues, and after much coffee and plenty of lunches he starting to pick up a few bits of work, and as he starts to get busier he spends less time on coffee and lunch and concentrates on delivering a spectacular service. He’s confident that as he demonstrates how good his work is, more work will naturally follow.
The problem is that the contract was a one off project with nothing to follow up with, and as he’d let the coffees and lunches slide, there is not much else in the pipeline. He’s had enough of aggressively waiting for the phone to ring from enquiries from the website and his adverts, so he gives networking a try, as he’s heard that it’s the new big thing. So he goes along, armed with business cards and leaflets explaining how wonderful he is, and makes a concerted effort to try and sell himself to as many people as possible, after all isn’t that what networking’s about? He recognises that the work doesn’t flow straight away so he attends lots of networking events, and carries on selling hard.
A few months on, and the results certainly don’t justify the effort. The work’s not coming in quick enough, the fun gone out of the business, it gets increasingly lonely and isolating pretending to be super successful whilst watching the bank balance slide. Fortunately in one of the networks he attended regularly he let it slip that things were not going quite as well as he always claimed, and that actually he was finding it quite tough, that he was pissed off with networking, because it just seemed to be a talking shop where nothing really happened.
It was from following up from this conversation that Charlie stopped selling hard in the network, concentrated on building relationships (which was new for him because people just did things because of his position in corporate life), simplified his pitch so it was easier for people to fix up appointments for him, built a support team to outsource services to and to provide motivation and advice, whilst at the same time offering his help and support to others. It started turning round, and whilst the whole rule book of self-employment was different, and the financial rewards always seemed a month or two away, he knew that he could never go back and be a wage slave again.