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Getting Fired … Up
Getting Fired … Up
Why sudden ‘career change’ can be the best thing that ever happens to you.
BY HARVEY MACKAY | SPECIAL TO NATIONAL MORTGAGE PROFESSIONAL
Many people have lost their jobs during this pandemic through no fault of their own.
For my book, “We Got Fired! … And It’s the Best Thing That Ever Happened to Us,” I interviewed 29 people who landed on their feet and excelled after they were furloughed or given a pink slip. These were high profile people, often fired in a very public arena. To sum up each of their inspirational stories, I asked everyone what advice they would give to people looking for a job today.
Pat Mitchell was the first woman president and CEO of PBS at the time. She had been working as a researcher/ writer for Look Magazine when it went out of business.
Her advice was: “Be determined … I was determined not to give up. I figured it would all come around if I could find a way to survive financially while I stayed focused on what I wanted. It didn’t come easily. If you look at my resume, it seems like one exciting jump from one run to the next. Every one of those moves was somewhat of a risk. Some didn’t work out as I planned or hoped. I didn’t follow a straight line to get where I am, but I never went backward either.” She added: “Seize every chance you have to learn. It’s amazing how many skills we seem to acquire by accident.”
Bernie Marcus was CEO of the Handy Dan Home Improvement Center chain when the parent company declared bankruptcy. Marcus was fired by a vindictive board even though the Handy Dan division was not in bankruptcy. “They threw me out of my office and put bars on the door. They searched my files. It was pretty terrible – one of those corporate things. You hear about them, but you don’t really know what they are like until you live through one.” He was convinced to drop his lawsuit against the company by a mentor who encouraged him to get on with his life. Another friend advised him to open the store he had always dreamed of. And that’s how The Home Depot was born. He was fired from a top spot in hardware retailing and went on to redefine the hardware industry.
Billie Jean King, winner of 39 women’s tennis grand-slam titles, experienced a series of career setbacks. She said: “Have faith and believe in yourself. It’s okay to feel what you’re feeling. Don’t be afraid to ask for help. This was one of my weaknesses. I was embarrassed to ask, but I’ve since learned that people want to help. Develop skills and try your best.” King, who became the first woman in any sport to earn more than $100,000 in a year, added: “Understand delayed gratification. We live in a society of instant rewards. You must learn your craft and earn what you get. It takes a lot of work and sweat, but you have to be willing to pay the price.”
Michael Bloomberg, former New York City mayor, told me that he first had a vision for his Bloomberg media empire the day he was fired from Salomon Brothers. He and 62 other partners were summoned to a conference center and told the firm was being merged into another company. They were all fired. “I started thinking, ‘What are you gonna do?’ I probably had much too big an ego to go out looking for a job. If another investment house like Goldman Sachs would have called me, I probably would have just taken it, partly to say to Salomon, ‘Stick it … shove it … you guys made a mistake.’ Thank God, I got fired! Even more, thank God, Goldman didn’t call,” he said.
One message from Mayor Bloomberg really stuck out: “People remember two things in life – who helped you on the way up … and who kicked you on the way down.”
Lest you think these examples don’t relate to your situation, stop and think again. These folks could have wallowed in self-pity, spent fortunes in lawsuits and harbored bitterness that would taint their future job searches.
But they chose a different path. They traded on their strengths, determined to forge ahead. And they didn’t give up. That’s the most important lesson of all.
If you would like a free copy of my book, “We Got Fired! … And It’s the Best Thing That Ever Happened to Us,” visit www.harveymackayacademy.com/fired to complete a form to download the eBook.
Mackay’s Moral: Tough times don’t last; tough people do.