The last several months have been a challenging time across the United States due to Covid-19. It has caused changes in public safety, daily schedules and routines and negatively impacted the economy and job market. Those are some very visible effects of the pandemic that have played out on a daily basis since March. What…

As people have more time to reflect upon their careers while we go through a period of high unemployment numbers, there are growing opportunities in franchise and small business ownership, making it the ideal time to consider entrepreneurship. Franchisees tackled challenging times and modified their business models to stay afloat following the outbreak of the…

Sometimes it can seem like our lives are all one big Zoom meeting in 2020. But for the business owner looking to connect with a client or customer safely and from a healthy distance, I can tell you from experience that you do have other options than using a web-based video conferencing platform to host…

For those who have served their country and are trying to determine their career path after the military, franchising presents a great option. Veterans make excellent franchise owners, and many franchisors have programs designed to help them purchase their own franchises. It’s something to remember for those military members looking for their next chapter, or…

The future of working is changing. When the pandemic hit earlier this year, many people worked from home for a period of time. While many people have since returned to the office, it gave others a different work experience they would like to explore further. For anyone who has ever thought of starting a business…

The next time you become discouraged because you feel like your career is on hold until the pandemic ends, it may help to remember that’s not the case. Careers — and specifically career ownership possibilities — continue to march on. All you need is a little help to find your place in this new virtual…

As we roar further into the 2020s, I’ve been thinking about Women’s History Month and the momentum that’s been made by women empowered by business over the years, and it’s quite impressive. If you are of a certain age, you can probably look back at when you started working your first job and start to…

The global pandemic will eventually become a distant memory as more people get vaccinated and there are fewer Covid-19 cases. However, the buzz about long-term macroeconomic impact is starting to take shape. The history books may call this moment in time a “return to normal” or “the roaring 2020s,” depending on what happens next. As…

Society and macroeconomics have resembled a funhouse mirror in the last year. By some barometers, such as the stock market, 2020 and 2021 could be described as having a strong and robust economy. In other ways, for those affected by layoffs and business shutdowns, it has been devastating. Whatever your perspective, there’s no doubt that…

You may have heard of “The Great Resignation,” but I see the spark of a new demand for greater control over personal income, wealth and equity holdings — and, of course, the elusive work and life balance we all crave. I see the declaration of independence from traditional 9-5 and the spark of “The Great…

Overqualified is when you work for someone else and exceed the requirements of that particular job. Underemployment is sometimes hard to classify but, as with many situations, you know it when you experience it. Underemployment is different than unemployment as it involves employees who have a job but aren’t using their talents or perhaps their…

What some are calling the Roaring 2020s may be a time when innovation is adopted rapidly on a global scale, establishing the new career economy, where time and distance no longer matter. The labor experts and historians will pontificate about this moment, declaring a new epoch and debating if remote work is permanent or transitory and how…

Terry Powell is the Visionary Founder of The Entrepreneur’s Source, North America’s leading Career Ownership Coaching franchise. I am amazed at how often history repeats itself. Economic experts speak in terms of the “Everything Bubble.” Bloggers make economic analogies to the cycles of spring, summer, fall and winter. Radio talk show hosts debate if inflation is…

As politicians clash over big government, tax breaks for the wealthy and increased protections for low-income citizens, many hard-working Americans are floundering. In the past, a college degree and a corporate job provided a reliable income for the average American family. Today companies are cutting costs by outsourcing jobs overseas or relying on automation, sparking…

Millennials are abandoning corporate America in droves and charting a new course to find flexible schedules, financial freedom and job security. Business ownership is helping Millennials achieve the American dream. Thirty percent of Millennials have a small business or “side hustle” and entrepreneurship is the goal for 56%, according to a GoDaddy survey. The survey, which…

If the corporate rat race is leaving you feeling battered and bruised, the time is right to stop running on the hedonic career treadmill and follow a new path. The psychological phenomenon known as the “hedonic treadmill” is the mind’s tendency to return to its baseline level of happiness once the initial thrill or heartbreak…

Today’s world is accelerating with radical new technology and innovation on one side and supply chain and labor shortages on the other. While the bold entrepreneurs explore new worlds, the average American may put their dreams on hold and brace for impact. They hold back from pursuing their own personal journey while they watch from…

How do you picture your future? As we continue through the roaring 2020s and accelerate into what I call the “Great Reimagine Age,” it’s time to stop living in fear of success and invest in yourself. Job security has been on the decline for decades, but the widespread job losses in 2020 were a wake-up call….

While politicians and Wall Street capture media attention and suck up all the airtime with doom and gloom predictions, Main Street businesses continue to be the heartbeat of the American economy, and their future is bright. Unlike the nation’s policymakers and the Wall Street power brokers who can win or lose millions of dollars in…

After witnessing more than four decades of complex business cycles featuring changing corporate buzzwords, the heart of the conversation remains the same: If you don’t act, someone else will. So don’t settle for the status quo or take the easy way out by joining the “quiet quitting” contingent. Take action and discover your unique path…

  Don’t limit yourself to a one-dimensional career. Embrace the possibility of a rewarding future. The traditional résumé forces people to condense their entire life’s work into a quickly digestible and increasingly keyword-searchable document. Rather than showcase your achievements and skills, a résumé is one-dimensional and feels more like an epitaph on a tombstone. About 24% of…

  In my nearly four decades of navigating business, I have seen several macroeconomic weather events come and go. One thing is always true: It’s less about the forecast and more about how you dress for it. If you get too accustomed to swimming in the labor market or stock market pools with nothing but…

  As the “everything bubble” threatens to pop, Wall Street players are scrambling to slash staff and save investor confidence in the never-ending cycle of boom and bust. However, the real heartbeat of the American Dream is entrepreneurial in nature and flourishing. So now it’s your turn: Do you plan to cope with layoff anxiety…