Most of us work in any organizations as employee and Some of us are work as self employed. Let us see their side of the stories.
Unsecurity - Employee Side
(A) In case if you visit any railway station or bus stand, we use to see 'Coolie', to lift our luggage. Just attaching wheel on the suitcase, all the so called 'Coolie', lost their jobs.
(B) One of my friend was making lots of money by servicing Video Cassette Recorder and Video Cassette Player. Nowadays, usage of VCR / VCP have become very rare. So opportunity to make income wiped-off.
(C) I was reading somebody's biography. When he was graduating his college, people talked about plastics, somewhere in 1960's. Those whoever tied-up with plastics in those period, have succeeded, but no such jobs exist in 1990's.
Unsecurity - Self Employee Side
(A) One of my friend, was taken distributorship for floppy diskette for south India and was making huge money. Today, how many of us are using floppies...? Practically NO-ONE. He has NO income potential, through that business.
(B) One of my uncle, had petty provision stores, running successfully. Reference to giants like Reliance, TATA, Birla, jumping into retail space, opening-up big shopping complex, selling provision items, which is relatively less price for lesser quality & quantity, people attracted towards those products. In turn, my uncle need to close his shop, for not able meet the expenses.
Just to get a feel, how our jobs and self employment, gets challenged and in turn our income challenged which in-turn our survival in life. On that reference, lets assume, we continue to work for big companies. But unfortunately, that's also not safe.
(A) We work in a MNC(Multi-National Company) company, sincerely, seriously. Due to few financial pressure, if your company allowed for acquisition by any other company, then, the new parent company, would like to place their employees into the new child company. Make life miserable for the existing employees, in the form of reduction in perks, reduction in salary, reduction in designation, eventually, you end-up leaving them.
(B) On the other side, even-though you work sincerely and company financial position considerably strong, but due to corporate restructuring policy, if your bosses are changed to different departments or assignments. And the new boss feels that your presence or your credibility, or your contributions, are not appropriate means, your salary increment, your perks increment, your onsite opportunity, your promotion or even your survival in the same company can be challenged.
(C) Even though if the company financials are good, your connect with supervisors are good but if any scam happens, as it happened for 'SATYAM COMPUTERS', who have impacted the most. Its none other than their EMPLOYEES only. Around 20000 people are removed from the company, however, now company is doing good, but not with those same 20000 employees, who have been thrown out.
(D) Quiet recently, one of the reputed IT company operates from sholinganallur and siruseri, of chennai India, have NOT paid salary to their project manager and above cadre for the last 6 months. Because, customers have not released the payments. One of my friend, was affected quiet heavily.
This is the way our earning opportunity and income potential exists. With this basis, we are planning to do so many things, to achieve the same. Having all the above conditions are positive, let us see another scenario, how the situations can change.
(A) one of my friend workings for upcoming IT company at chennai, India. After few years, he went to US for a customer implementation. After spending 3 to 4 months, one evening, when he was coming out of the client office, he has found snowing. He could NOT see the things clearly. Within client premises, outside of clients room, he fallen down and broke his leg. He was admitted in the hospital. Customers requested for replacement of resource. So, another replacement flew from chennai. My friend was packaged and sent back to chennai for his speedy recovery. He was in bed around 18 months. When he returned back to work, the HR professionals, did mention that your employ-ability need to be reviewed, because, you have NOT worked for last 18 months. Based on the review acceptance only, they would like to induct into the company. He was so much terrified.
(B) Assume, reference to huge health surprises, in case if we are NOT live(just assumption), who would take care of our families? primarily on the financial front? Generally people talk about HLV(Human Life Value), which need to be calculated as 10 to 15 times of annual CTC(Cost to the Company) one receives. We should have insurance policy at HLV level. Did we have insurance policy like that? definitely NO. Do not worry. You are the representative of 99.2 % of people, who have insurance policy, bu not to the enough level.
Think seriously for a minute.
This is the way we are living. Be sensible and responsible.
In case if you are interested, to build a business against all odds, which can pour royalty income for next three generations without doing any investment, please connect with me, else go for next update or wait unfortunate to attack you. Thanks.
