![]() Predictably, she worries about matching her old income, despite saving money by living at home with family. No longer tied to a desk job, Gutierrez is eager to become her own boss full-time that much sooner. Outside of her day job, she spent the last year and a half building an online magazine and storytelling community called Harness. She doesn't see herself applying to work for someone else again. ![]() "I would go back into corporate in the next five years if this doesn't work out," Tee says, adding: "In a way, I'm not too devastated." Breaking up with the corporate 9-to-5 forever Still, she sees social media influencing as a way to replace her income, rather than the end goal of her career. "It's a dog-eat-dog world out there," she says. Tee worries about the "extra pressure" of being in charge of her own income and the "guilt" of feeling like she's not working enough, especially on a platform as unwieldy and competitive as TikTok. She also has some cushion: Her partner will temporarily cover housing expenses in the home they own, she says. She says she feels good about freelance money already coming in, and she's yet to touch last year's social media earnings, which are stashed in a high-yield savings account. Without the security of full-time income, Tee plans to make small tweaks to her spending habits. She once thought about quitting her job to pursue it full-time - now, the layoff has forced her hand. It's since taken off, and in 2022 she matched 80% of her full-time income. Riding the social media wave full-timeĪbout a year ago, Tee started doing social media marketing as an influencer on TikTok. Among all people recently hired into new jobs, 54% say their job search took just one month. Nearly a third of laid-off tech workers are getting rehired into new jobs within a month, according to ZipRecruiter data. Despite layoff headlines, the job market - even within tech - remains resiliently favorable to workers with historically low unemployment and layoff rates, alongside millions of unfilled jobs. ![]() Plus, Flynanced is already cash-flow positive, she adds.Īnd if El-Amin needs to land a full-time job, she can probably do so quickly, she says. She can't discuss the details of her PayPal severance package due to its terms, but says she feels comfortable living off it for a while. Some of those startup founders say being unemployed gave them the time to chase their own ideas, and their business models aimed at helping people earn more and spend less resonated in a down economy.Įl-Amin expects to return to a 9-to-5 eventually, but wants to spend a few months decompressing from corporate life and scaling her own business, which "feels like more fulfilling work," she says. Mass layoffs could spark a startup boom, work experts say - much like the Great Recession spawned notable companies like Uber and Venmo.
0 Comments
Leave a Reply. |