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> Insolvency. If a person over the age of 40 tells you that they have never lost a job, they are pretty lucky (or lying). I know a lot of lucky people then. I
by xirdstl 11y ago
> Insolvency. If a person over the age of 40 tells you that they have never lost a job, they are pretty lucky (or lying).
I know a lot of lucky people then. It's absolutely smart to be prepared in the case you lose your job, but is it really that rare to make it 40+ without getting fired or laid off?
- Rantenki 11y agoFor this audience? Yes. Startups have finite lifespans, and even when they succeed they are likely to go through a period of upheaval which could involve job instability. I've been laid off several times in the last 20 years, always due to either the company running out of runway, or being pivoted out of a job.