For the fortunate few that have been accustomed to just going to work every day in the US, and receiving a paycheck. This sure thing is slowly going away, per the technological advances that have been made that give all industries a new model of doing business. Long gone of the days when offshore positions only affected the “blue collar” worker, and thus the “so called” highly trained professional was safe.  Companies these days can manage a resource from across the world, and measure their production output with extreme accuracy. Now the highly trained professional with many years of experience has to compete with a resource that can do the job for more than 20% of their cost. It’s debatable if the overseas resource can do the job at the same level, but it doesn’t matter. It’s up to the employer or owners of the company to make that determination.  Since the owner created the job it’s their prerogative and right to give that job to whomever they feel is going to give them the most value.

Since most of us don’t have a “big picture” outlook, and just think about our situation. We don’t really see the forces that are working against us in the company we are employed by. These forces include inflation, competition, and taxes just to name a few. Believe you me the company will not just sit back, and lose their current market share. They will implement strategies to ensure that they remain profitable, and all options are on the table. So, if the company is willing to be flexible and do what it takes to survive. So what is your next course of action? Are you just going to complain and cry it’s unfair because the hand is feeding you no more? That wouldn’t’ be a good way to deal with a possible reality of when that hand isn’t feeding you. The best course of action is to do the same as the company and be very flexible in adapting new strategies to remain profitable. Now going back to school and relearning new job skills is 1 option. But it puts us back in the same position of getting replaced by the less expensive resource. The better choice would be to create or invest in an asset that doesn’t depend on any hands to feed you. Ideally, we want to do this while we are still earning a paycheck, so we can learn what it takes to be an asset creator/manager.  As time goes on with sheer determination, and discipline we will get to the point to where those assets provide our sustenance. As we stated in this podcast it’s better to hone our hunting skills while still receiving a paycheck. So, as we get more comfortable with our hunting skills that produce positive results we focus less on the hand, and more on hunting for ourselves.

To give you a reference in regards to hunting let’s look at the lion, which is generally known as King of the Jungle. I’m a national geographic fanatic, so I know off hand that the lion’s success rate is 25-30% when hunting for prey.  Now, this is a highly skilled lion’s rate of success. If you reference the lion’s teenage children the success rate at first is less than 3%. But after continued practice, they improve their odds with the experience of constant failure.  But since they are teenagers they are still getting fed by their parents, so the pressure isn’t there yet to feed themselves.  But as they progress to their parent’s success rate it’s expected for them to leave the territory, and make a life for themselves.   This wild life example illustrates that there will be a hand to feed you, but that has an expiration, but there is never an expiration date on when you know how to feed yourself.

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