by PKMitchell

Created on: April 23, 2009

There are no easy answers to the question of how to deal with unemployment. In the first few days or even weeks after a layoff, you will go through so many emotions that you will undoubtedly convince yourself that things will never get better. Words of encouragement won't help when you see the pile of bills coming in every day. It's nice to read self-help books and articles that cheer you on to look at the positive side, but the reality is that advice won't keep food on the table or the mortgage paid. You have experienced a loss when you are laid off. The grief and depression are just as real for you as when you lose a loved one.

So, give yourself a little time a very little time to struggle emotionally with your loss and then move on to the next step. What is the next step? That depends on the direction you want to take your career and your life after your layoff. Many closet entrepreneurs are convinced that being laid off was the best thing that could happen to them. With unemployment rising, setting new records every month, job-hunting can only add to your frustration. If you've ever had an inclination to go out on your own, now is the time to create your own job.

Of course, now is not the time to go crazy about the idea of owning your own business. More than ever, the solid advice about developing a plan and easing into an entrepreneurial venture with much research and preparation must be heeded. First, create a plan for paying your household bills. When you have been laid off, you will most likely qualify for unemployment benefits. Although significantly less than a steady paycheck, unemployment does provide some income and with careful budgeting may be enough to cover the basics.

Do your homework on all fronts. Look into programs that may help you with health insurance and even the grocery bill now that your income has been reduced. If you have decided to start your own business rather than struggle with another job search, check into free or low-cost resources that can help you do it right. Community colleges generally provide small business counseling and even training courses for the unemployed for a reduced or waived tuition fee. And, even though most states require that you continue to apply for jobs to qualify for unemployment insurance, there are programs sprouting up in a few states that enable you to focus your time on developing a business plan instead of sending out resumes in order to receive your weekly unemployment payment.

Dealing with a layoff is not easy but it can be done. When you are faced with the cold reality of unemployment, first take the time to grieve. You've experienced a significant loss in your life. Then, take the next step and move on. Focus your time on doing your homework and developing a plan for the next, even more successful, phase of your life.

Learn more about this author, PKMitchell.
Click here to send this author comments or questions.