Saturday, November 14, 2015

What If You Loose Your Job Today?

For many people the result of the above will simply be catastrophic. Such people have their job as the sole source of income. And if you fall in this category of people, like most would do, you got to get paranoid about it.

You have to be paranoid about creating multiple sources of income so that the loss of job would not impact your family's standard of living to a significant degree. In addition, in case of any eventuality like major accident, long illness resulting in job loss, cash would still need to keep flowing in for you to have a comfortable life.

Insurance is certainly a good way to mitigate some of the above risks. However, insurance will not be helpful when job loss is due to perhaps the biggest of all reasons - recession in general or mismanagement and adverse business conditions at the company you are working with.

Focus on creating multiple sources of income will ensure consistency of cash flow both in terms of regularity as well as the amount.

Here are some examples of ways in which you can get cash flow:
  • Dividend from stocks
  • Interest from bonds
  • Rent from real estate
  • Royalty from book or another intellectual property
  • Commission from business deal
It is useful to remember that cash is king and cash flow is like having the king's blessings on you. The more blessings you have the better off you are. So stay focused on multiple sources of income and keep the cash flowing in!

Monday, November 9, 2015

Stuck in a Toxic Workplace and Reporting into an Unprofessional, Incompetent and Toxic Person

The combination of being stuck in a toxic workplace along with reporting into an unprofessional, incompetent and toxic person is a lethal combination. It is like having your head stuck in quicksand smelling very badly. One can't see anything clearly, one can't stand the odor and one can hardly breathe.

In fact, toxic workplaces and toxic people in such workplaces are extremely bad for one's health. It is perhaps the case that toxic people create toxic workplaces and toxic workplaces are perfect setting for toxic people to grow and prosper.

Toxic people come in various forms. The worst are the silent killers. They have a smug look on their face and are cunning to the core like a wily fox. And if the person you are forced to report into is basically like a cunning fox it is your rotten luck, period. Foxes are by nature not trustworthy. They would say something now and something later. They can lie blatantly. And they have utter disregard for fairness and transparency.

One way also wonder how one can have a fox in the workplace? The truth is there are not only fox but many more interesting toxic creatures that roam the corporate world - leech, snake, crocodiles, scorpion, etc.

A toxic workplace is the perfect place to find the above toxic species in a single place. And if the person you are forced to report into is basically one of the above toxic creatures, it is your rotten luck, period.

For a professional such workplaces are like career graves. And if one is not able to move on to another workplace and stuck it is a very sad and sorry situation to be in. One has to keep on trying to move out  at the earliest in a fire-fighting mode otherwise career grave can soon turn into life grave.

The Silly Strut of the Corporate Stooges

Corporate stooges are a typical though unfortunate reality of the corporate world. These are those specimens who are close to the top men by virtue of their loyalty. And for them the other employees are insignificant and unimportant.

The stooges strut around the organization in an utmost silly manner. They form a club of monkeys scratching each others' backs.

The silly strut of corporate stooges has negative impact on employee morale. The stooges would protect one another as if they belong to the same tribe. Any employee complaining against any of the stooges will be dealt with brazenly by the other stooges.

The stooges are also fond of sending stupid emails to others. And they would do everything possible to demean others. They carry a condescending attitude and present themselves as street smart. In reality though, they are silly asses showing off their silly stuff and strutting for silly reasons.

They go for lunch together mostly with the top man. The ritual they follow while going for lunch or at other functions presents a good example of silly strutting. The stooges will assemble and then strut their way to the dining area. And of course they get special treatment at the lunch table.

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