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If you have visited and just as importantly READ my website (
http://www.brycehealey.com/), you may already know how I recently left a well paying job in order to fulfill my destiny of becoming a world-class coach and professional speaker.
This has been BY FAR one of the most interesting journeys I have ever taken and I am just getting started! One thing I have noticed is that more and more people are following in my footsteps. This could be the same effect as when you buy a new car and all of a sudden EVERYONE seems to own the same one! ha ha
BUT... I think there is more to this. There is a storm brewing on the horizon and its not hard to see the workforce as we know it reaching a crucial tipping point. (For those of you not aware of the term 'tipping point' comes from Malcom Gladwell book "The Tipping Point" (2000) and is essentially the point when all the small things add up and WHAMMO 'sudden' massive change. Kinda like when boiling water... a whole lot of nothing and then before you know it your pot is overflowing!)
OK, time to get to the meat and potatoes of todays post (or tofu and potatoes for you vegetarians).
I will discuss two MAJOR factors which are leading us closer and closer to this Workforce Tipping Point, but first we need to ask ourselves a question... What is the company you work for?
When you strip it down to the bare bones, it is essentially a system which gives you the opportunity to add value and get paid for it. And hopefully the more value you add, the more you get paid.
Factor #1: 'Back in the good old days' this system also offered a degree of certainty in the availability of this pay. At the risk of adding to all the doom and gloom; a company can't offer something they can't even give to themselves! Regardless of the company's state of affairs, it is surprisingly easy for companies to terminate an employee without cause and little severance. I am sure all of you reading this can think of at least one friend, if not themselves personally who 'had the career options opened' in the not so distant past.
Factor #2: The internet is making it easier and easier to start your own business. Like no time ever before in history can we reach such a large potential market, with such speed, and low cost. AND!!! It is only getting bigger, faster, and cheaper.
This fact alone is what keeps most big business owners up at night. You see, chances are, the company work for was built in a different age and therefore has a lot of expensive infrastructure (things like offices, machinery, computers, etc...) all of which need to be paid for by your customers. Once paid, they then pay your salary and make sure you work hard enough to also put some in the pockets of the owners.
Also, in general, the bigger more complex the system (aka the business) the less efficient. Less efficient means more work to get the same return.
But now, you could open up a business which could directly compete with your current company at a fraction of the infrastructure costs, meaning you would not need nearly as many customers to make as much as you do now. Less customers also means you would not have to work nearly as hard or long!
BONUS FACTOR: Work more for same or less! Best explained using a real example from my life. My first corporate job I was hired at $35K a year. I was a good little worker and put in my 40 hours a week and had time to enjoy the finer things in life; which at that point was Kraft Dinner, Motocross, and Beer. Then I got my first big promotion and my salary went from $35K to $55K!!! WOO HOO! Soon Kraft Dinner will be a novelty, not a necessity! Along with the promotion came additional responsibilities, which is corporate code for longer hours; typically 60 hours and sometimes more. Which if you look at in an hourly rate meant I received a raise from $18.22/hour to $19.10/hour! And needless to say, my quality of life suffered BIG TIME.
OK... you've hung in there this long.. give yourself a pat on the back... no seriously... pat your back! DO IT!
So if a company is a system for us to get paid, but today's systems 1) offer little to no security in the continuity of this pay and 2) offer little real opportunity to increase our income based solely on the value we put in (i.e.: only way is to put in more hours), AND the cost of starting your own business is the lowest it has ever been.... why the heck are we still buying into this system!?!?!?
Simply put: our own mindsets. We have all been programmed to be workers. But as the pain and frustration around all of the above increase we will choose a new system.
Soon the WORKforce will reach its tipping point and the big business dinosaurs will become extinct. It won't be medium business who will step up to fill this void, nor small business, it will be microbusinesses! And so a new era will usher itself in... an era of empowered experts.... the Eforce!
Life's a trip. Give'r.
Your friend and Coach,
Bryce