College degree your golden ticket?…Think again!

College degree your golden ticket?…Think again!

January 29, 2010

If you think your best chances of success is getting a college degree and you can write your own ticket… you better think again!  According to a recent New York Times article more than 4,600 lawyers lost their jobs last year. Gone are the times when all that was needed to succeed in life is get a college degree.

NYTimes further related the concerns of a fifth-year associate in a law firm in Manhattan who complained he now feels he is expendable even though he is a top performer, billing many hours and a team player but even with this he may still lose his job. He is a Yale graduate at a top-20 firm.  One 2008 graduate of a top-10 law school who worked at a large Chicago firm for a year admitted she spent days trying to look busy as business dried up while not billing a single hour; before being laid off last fall along with a quarter of the other first-year hires.

“Plenty of recent law school graduates are not finding work at all” “Some partners say that the next generation of law graduates may have to expect less from a legal career.” said Eileen C. Travis, the director of the New York City bar association’s lawyer assistance program.

Our American way of life has changed, first by the rapidly diminishing middle class due to the fall of factory workers across the nation and now as you can see even the high-class elite’s troubles in earning a good living. For those workers all across the nation who still have jobs, employers are making those jobs harder and paying less money for them.  What’s the solution? well you probably have heard where one door closes another one opens and it’s still true today.  Supplement your income with a home-based business. There’s nothing you can do about how the American workforce is changing but this is still America and we all still have the freedom to start a business of our own.  In the past only “traditional” businesses were viable and very few people could start one because of the huge start-up capital required.  However low-cost home-based businesses have been available for many years but our culture’s mass perception of this business was to laugh it off as a viable option believing because it could be started with so small an investment that it couldn’t possibly produce a substantial income.  So the people who worked these home-based businesses quietly earned significant second incomes, many made fortunes.

Today home-based businesses are not being laughed at anymore, there is a huge, and ever-increasing number of people starting, working, and earning substantial second incomes to supplement their primary jobs.  Many people make enough to quit their primary “traditional” jobs and just work their business. And even better news is that the number of home-based businesses continue to grow and require even less money to start than before providing an even better opportunity for the masses to supplement their incomes. How about you…are you still laughing?

– Dave Puckett

Related Blogs