<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=928221690589361&amp;ev=PageView&amp;noscript=1">

How to Bounce Back after a Layoff

By Ian Klaes

Whether you saw it coming or were completely blindsided, losing your job can rock your entire world. Not only does your self-esteem take a hit, but this change also affects your bank account and future career goals. Aside from frantically searching for jobs, you may be asking yourself: What else can I be doing to get back on track?

Getting laid off doesn't have to be a traumatic experience. It happens to the best of us, and it can actually be a great time to take a deep breath and create a fresh start. Here are some great tips for getting organized, staying calm, landing a new job or even beginning a brand new adventure. 

1. Breathe

Immediately after getting the news, you will probably feel overwhelmed, vulnerable, and upset. Rather than sulking at home, practice some self-care. Call up a friend for dinner, get a massage, take a hike in nature, see your therapist, etc. Getting back to a good mental state is crucial for bouncing back after losing your job.

Take in all the emotions you're feeling about the lay off. You may feel rejected, depressed, or angry. Recognizing your emotions allows you to process them and take steps to move on.

2. Assess Your Finances

Unfortunately, money issues can cause stress and anxiety — things you don't want to be dealing with as your search for your new job. Review your finances, bills, expenses, budgets, and unemployment benefits. Calculate how long you have to look for a new job. Also, review how you've been spending your money and ways you can potentially cut back.

Talk with your partner and anyone else who is dependent on you financially about the situation. Together, you may all need to make changes to your lifestyle. However, these individuals may also help buoy you up financially.

3. Give Your Resume a Makeover

Every new jog requires a resume, whether you're applying to a similar position or making a huge career change. Think about the skill set you developed and experiences you had in your last position and add it to your resume. If possible, include data and numbers to show off your accomplishments even further. Resume builders or professional resume writers can get your resume in tip-top shape for potential employers. 

Cover letters are also powerful tools and can make or break you when deciding between candidates. It's also a great place to explain why you were laid off and paint a picture of who you are. Prove your worth with an excellent updated resume and cover letter. And to go the extra mile, create an online portfolio.

4. Network, Network, Network

Did you know that up to 85% of all jobs are found through networking? Now is the time to tap into your network. Start reaching out to colleagues, social media, friends, and family members to let them know that you're actively looking for work.

Spreading the word will get people talking and get your job search on its way effortlessly. Make sure that your network has up-to-date contact information for you so they can get in touch with new opportunities.

5. Explore New Opportunities

Instead of going back into a similar role, you may want to explore new opportunities. A different position or a different industry could help you feel more fulfilled. Think about aspects of work that make you happy. Create a new goal of what long-term success looks like for you.

Maybe you want to start your own successful business to have more control. Or maybe you appreciate the work-life balance of working in a corporate position. No matter what this looks like for you, a fresh start can be a great awakening to a new career or lifestyle.

6. Open Your Own Business

Starting your own business could be the difference between being complacent and being incredibly happy. Many people only dream of being their own boss, but you can make it a reality. Consider your interests and skills and match them with a type of business. Then, research what it would take to get one started.

While starting a small business can be scary, you may not have to do it alone. A great idea for business owners is to invest in a franchise. Franchises are established businesses that provide the framework for your new business, making the transition easier. And there are franchises in many industries: home care, food service, real estate, and more! 

RELATED CONTENT: 8 Benefits of Being Your Own Boss

7. Take Care of Yourself

The old saying "finding a job is a full-time job" is very true, but try not to become obsessed with it day after day. It's unhealthy and often unproductive. Make sure you're eating healthy, exercising, taking a break from the computer, and getting sufficient sleep each night.

Don't beat yourself up for taking a day off of looking for a job. Be kind to yourself. Engage in positive self-talk. Use your freedom wisely It's crucial to take care of yourself so that your spirits and energy stay high. 

8. Prepare for Interviews

Before long, those interviews will come! Practice for interviews by answering potential questions aloud. Come up with concrete examples of your work ethic and project success. Prepare a few questions that you'd like to ask your interviewers.

On the day of the interview, make sure your wardrobe is up to par and your confidence is skyrocketing. If you're not prepared for an interview, it will show. Remind yourself that you are enough, and let your confidence score you a brand new job.

Even if you don't get a job right away, interviews are great practice and only adds to your life experience.

Remember, no matter your path, most job seekers find a new job within about 6 weeks of beginning a job search. While it may take time, you will find a new job!

Picture of a caregiver and senior with text that says, "Build your own future. Become a home care franchise owner. Get Started."

Tags: Personal Growth