How can you recover from a career setback?

In my opinion, failure is a necessary component of success. Therefore, setbacks in your career should be viewed as a challenge that you must overcome with determination and perseverance. This will ultimately help you achieve great success. Time is a great healer, so it's important to keep your focus and remain motivated throughout your journey. 'Be Patience! Either you win or you learn. Failure is not a opposite of Success but it's part of Success'

I think each individual at some point in their career experience this.Important thing is not to lose heart and should keep on working to upgrade themselves.Use this experience to understand the kind of industry, organization and job role suited best for them.

Recent downturn may make career setbacks happened for many people. But one thing I keep reminding myself is that every step in career is meaningful and making us grow stronger! Good times and luck didn’t make me grow, tough times and bad luck usually did. Having setbacks in career is a good chance to become stronger!

A career setback happens all the time. I am blessed that everytime after my career setback, I grow stronger and benefited from it. "Squatting lower the jump higher". When I experienced the manufactory industrial downturn in 2009, I missed my annual target as this used to contributed 80% of my business. I and the team made a tremendous effort to switch ourselves to more diversified industry solutions. We sat down to rethink, what's relevant for the next 3-5 years in the market. And as a result, the business grew at a more balanced way and become very strong in the market.

A career setback can sometimes be a wake up call from being too relaxed about your work and stimulate you in giving the best of yourself. This is why we need to accept it as a change needed to get to the next level of our career, improving our self consciousness about our strengths and weaknesses.

Self assessment and reflection is certainly a crucial step to understand what went wrong and to identify areas for improvement. Its important to do this both quantitatively (maintain detailed data about your weekly, monthly, quarterly and annual OKRs) as well as qualitatively (asking stakeholders about your strengths and opportunity areas)

Assessing your situation is the initial step in recovering from a career setback. It requires a candid evaluation of what went wrong and why, helping you identify areas for improvement and develop a focused strategy for moving forward.

The more open you are to questioning yourself and understanding your mistakes, the easier it is to recover from a setback. As we all know, clapping requires both hands. Similarly, when faced with a setback, it's essential to recognize that something might have gone wrong. Instead of placing blame on others, start by analyzing what you might have done wrong. This approach will help you assess the situation better. Always remember: 'Never compete with the outside world; your competition is always inside you.'

Try not to think about the way things used to be in the past. The past is past. Try to look forward. Look at concrete new opportunities. Compare various new opportunities with each other. Don't compare these new opportunities with an imaginary ideal world that doesn't exist. Don't compare these new opportunities with how things used to be.

You were built for something better, and this is your opportunity to assess that. Take the learnings to right your path and light a new one. Don't do this alone. Seek out those who won't just tell you what you want to hear, but instead, those who will tell you what you need to hear and offer suggestions. Think of yourself as a professional athlete conditioning yourself. Just as they have, get the right experts in your corner to come back stronger than before.

A career setback is not always a negative thing. I find that it is always a sign that it is time to pivot, change environment, re-tool with skills or rebrand. It is always the beginning of the next best chapter. For me it has always been a time to go through a career rebirth, ask yourself deep questions where i'm I?,how did I get here and what do I need to do to change for the better?

It entails identifying what didn't work, learning from the setback, and making necessary adjustments to your career path, goals, and approach.

Consider switching to a different industry. Your knowledge and skills might be valuable or useful in the new area. A setback could be a chance to start anew. I know it’s hard to deal with a career setback, but you have the potential to overcome it and succeed.

I would investigate how you can adapt your skillset to other markets. It may be you posses a skill that’s highly portable - don’t be afraid to investigate new paths and try to shake off any imposter syndrome, it you have a proven track record should use it to your advantage.

Adapting your strategy is the third step in overcoming career setbacks. Once you've assessed the situation, it's time to make necessary adjustments. You might need to enhance your skills, update your resume or portfolio, or revamp your online presence. Exploring new markets, niches, or sectors could also be beneficial. Adjusting your expectations, timelines, or standards might be required. Seek out new mentors, allies, or partners to support your journey. The key is not to repeat the same mistakes or follow the same patterns that led to the setback. Stay flexible, creative, and open-minded. Experiment with different approaches and methods, and remember to test and measure your results.

Remember 1^365 = 1 But just 1% more -> (1.01)^365 = 37.8 little extra can cause 37 times stronger results Just 1% less -> (0.99)^365 = 0.03 little less creates 1500 times weaker results Just make that move already!

The best thing I did was to have as many conversations as I could with people in my network to learn more about their companies, their roles, etc. I reached out to one person I hadn’t connected with in five years just to learn more about her experience. Two weeks later, a job posting that exactly aligned to what I was looking for came up at her company. Connections were made and the rest is history!

Translate your adapted strategy into concrete steps, set achievable goals, and consistently work towards them. By implementing your plan, you can steadily regain momentum and make progress in your career journey.

Go, go, go! Put your plan in place. Monitor it, and don't be afraid to adapt. Every game requires a different set of rules. Every new job, boss, industry is a different game. Every day, take action. Reflect each week. Pivot as needed but not before giving yourself enough time to test your new strategy

Today is the first day of the rest of your life. Book time free of distractions to act on your plan. Try to talk to 10 people per day. Listen to their stories, tell them your story.

You should learn the most in your career local minima. You should help others the most in your local maxima. If you do you are optimizing your career for global maxima.

This is often the hardest step to take in my opinion but the most important aspect to conquer. You have to acknowledge your success and steps that brought you to this role and understand that this is just one step towards your next journey. Everyone learns something along their journey and this is no different. While I acknowledge this as a potential setback, I thank myself for the opportunity to learn and understand myself and my emotions better. Do you walk away beating yourself up? Or will you go above and beyond this perspective. You can decide.

You are in charge of your own positive attitude. Don't let anyone take that away from you. Be proud of what you have achieved and keep your head high.

No matter what type of position you took, even if it is many levels below where you had been, it was a positive learning experience. At the VERY least, it taught you exactly what you do not want to do in the future.

Despite the setback you have faced, it helps to focus on your resilience. Also, regardless of what caused the career setback, appreciating what you have rather than what you have lost helps you heal mentally.

seeking out new opportunities, and continuously refining your skills and knowledge. Embrace challenges as chances for personal and professional growth, and remain open to change and innovation in your career trajectory.

Approach your career as a game. Play to win. Determine where you want to be in the long and near term and start making the moves to get you there. It comes down to: - Mindset - Direction (where do you want to go) - Relationships - Identifying the gaps and addressing - Adding value above your role - Celebrating your wins - Knowing what you are worth - Getting feedback to position yourself - Repeat and refine!

I know it’s hard, and I have worked on this for many years, but it’s important to develop a self you like outside of your ability to create value for capitalism. This could look like doing hobbies that you never try to monetize (for me, this is dance, I am terrible but I love it!), investing in your personal relationships (how can you show up for friends and family in meaningful ways), or learning more about how inherently explorative capitalism is (it will take all it can get from you, you are treated as disposable, etc)! Good luck!

Just because you had a failing experience, does not mean that you are a failure. There's always a way to bounce back. We are all human beings. 99,9% of the time, we cannot control the environment that contributes to our successes and failures. Be kind and transparent. Work hard. This is a winning combination.