How to Thrive in a Recession (with Pictures), Recession - how to articles from wikiHow

How to Thrive in a Recession

Updated: March 29, 2019 | References

-Q: How do you know a recession is of truly staggering proportions?

-A: When it becomes socially fashionable to trumpet your unemployed status on the Internet.

Remember Dale Carnegie, the author of "How to win friends and influence people?" One of the things Dale repeated over and over again is a concept most people do not seem to “get” – you deserve to be paid what you are worth, not what you think you are worth.

If you think you are not getting paid what you are worth, you have two choices: you either provide more value to your employer, or find another way to be compensated for the value you are capable of providing. One way to do that is to stop following the herd of sheep and open your own business. Another way is to go the extra mile above and beyond your job description and show your employer that you can provide more value to the business, if given the opportunity.

Keep in mind, though, that Dale's rule applies to self-employment as well. The more value you provide to your customers, the more likely they will be to want to hand over money in exchange for your services. The concept applies equally well to goods. To thrive in a recession, you must do exactly the same thing you would do when times are good, but harder.

This wikiHow will not give you all the answers, but the concepts presented here are proven to work. This is how the author of this article has been able to say "What recession??".