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While macroeconomic forces are beyond our control, there are ways employees, at every level, can help insulate themselves against economic turmoil. Here are three entrepreneurial skills that can help you step up during a recession regardless of your position or your experience on the job and the good news is you don't have to be a founder to think like one.
Employees who are open to embracing change, and helping it happen, have an opportunity to make a lasting impression
That means being willing to step outside defined roles and pick up slack elsewhere, as well as showing enthusiasm for new directions. Employees who go the distance to actively participate in their company's evolution can prove themselves invaluable to the health of an organization, no matter what the economy is doing.
Every entrepreneurial vision has to work within the framework of a healthy bottom line to be sustainable.
Regardless of a company's size or financial standing, this will be a year of tightening budgets and departments that find ways to meet or exceed their targets without overspending will shine.
Find effective ways to communicate progress with managers to ensure your contributions and those of your teammates are noticed.
Keep the lines of communication open so your value doesn't get lost in the shuffle.
Thinking like an entrepreneur not only helps improve the odds of becoming indispensable in your current job, skills like fiscal responsibility, adaptability and self-advocacy apply to any career path in any economic climate.
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