I Got Laid Off by Google and Now I'm Financially Free
HTML-код
- Опубликовано: 21 июл 2024
- After 8 years working in Google, I was laid off as part of the broader 2024 tech layoffs. But instead of worrying about losing my tech job and worrying about the high cost of living , I became financially free and have retired early with 2 million dollars. Here's my FIRE story...
If you are worried or impacted by job cuts or layoffs in the tech industry, this video is all about identifying layoff trends and knowing if one is happening in your company soon, and how to not only react and survive a layoff but also career advice on how you can join the FIRE movement (Financial Independence, Retire Early).
Companies are laying off more frequently and more sudden these days. So having the ability to apply Financial freedom strategies and the option to retire in your 30s/40s/50s when you lose your job is crucial. So learn about my financial freedom mindset and how you can manage to keep your retirement goals even if you are facing layoff rumors or actual job cuts.
👇SUBSCRIBE NOW FOR MORE 9-TO-5 MILLIONAIRE MINDSET👇
/ @9to5millionairemindset
🔥 CHECK OUT THESE 9 TO 5 MILLIONAIRE VIDEOS 🔥
• If You Want to GET PRO...
0:00 Intro
1:14 Layoff Red Flag 1
2:24 Layoff Red Flag 2
2:59 3 Step Layoff Game Plan
3:25 Get Your Fair Share
4:08 $80k to $300k Pay increase
6:07 Break Up First
7:22 $2,000,000
7:32 Layoff-Proof Portfolio
8:43 Involve Your Loved Ones
10:00 9 to 5 Financial Freedom
👇SUBSCRIBE NOW FOR MORE 9-TO-5 MILLIONAIRE MINDSET👇
/ @9to5millionairemindset
🔥 CHECK OUT THESE 9 TO 5 MILLIONAIRE VIDEOS 🔥
• If You Want to GET PRO...
☕️ BE MY FRIEND
/ shaochunchen
Enquires: 9to5millionairemindset@gmail.com
#google #layoffs #financialfreedom 
Хобби
![Jelly Roll - Dead End Road (From Twisters: The Album) [Official Music Video]](http://i.ytimg.com/vi/_Mb8CqKW4R8/mqdefault.jpg)
![Sean Rii, Karyon, Sharzkii - Taungule [My Love] (Official Music Video)](http://i.ytimg.com/vi/eJoMuypbSzQ/mqdefault.jpg)
That’s my boss everyone!!! 🎉
What business he has
Googler here. The video was spot on! Glad to see that you are doing well now. I see lot of your teammates are also wishing you luck with your channel. Cheers.
Thanks! Googlers are indeed the kindest and most supportive group ❤️
Great story. Different people will have differing views about layoff. To some who love their job, they will feel what u feel. But to those who don't, it may be liberating.
Thank you for watching. I am glad you enjoyed it. And what would your feelings be if you had to go through a layoff now? Sad or liberating?
Wishing you the very best of luck in your journey !
so inspiring. thanks
Glad you enjoyed it! All the best in your own 9 to 5 journey!
You the hit the nail on the point of sale concept
Thank you! I am glad you found it relevant!
It was really interesting and heartfelt especially for the part where you mentioned getting support from your family. Layoff is not so common in my home country but I need to prepare myself as I am looking for a job in Singapore. This video felt insightful to know what I am getting into.
Thank you, and all the best in your job search!
Shaoooo! the best teacher is here to drop some knowledge!!!
Wow, thanks!
@@9to5MillionaireMindset haha i'm Linh :)) I forgot that my user name on utube is not my name. All the best Shao
Yes I was able to guess it was you :)
Congratulations for being financially free!
Thank you!
Great advice.
Thank you for your support and spending time to watch my video when you could be watching anything else literally in your precious free time!
hey Shao, sorry about your layoff, I'm a Googler base in Singapore. I've seen you around the office. But never had the chance to say hi or work together. Good to know you have a nice 'cushion' to fall on.
Thanks for watching! All the best for your journey in Google; it's really a great place to work!
Are you a greyhound lover too?
Great success story!
Great insights . Layoff everyday
Yes being able to navigate and bounce back from a layoff is now an essential career skill since layoffs are bound to happen to us at some point of our careers
Hey Shao! Do you remember me? So glad i found your new channel! -Chris Ho
Hello Chris! So cool you found me here! Thanks for your support!
Thanks for sharing Shao. Liked and Subscribed!
Thank you Marcus for your support! All the best in your 9 to 5 financial freedom!
Thanks for sharing your perspective & strategies. I have heard about getting into sales roles to maximise earning potential, this is something I want to explore but still feel hesitant as I don’t think I have the ‘Hunter’ mentality/ personality. I hope you can share some of your learnings/ experiences about pivoting into sales, and also as someone who has led a sales team, what are the skill sets you look out for 😁
Thanks for your feedback! Indeed I was able to pivot from finance to tech without any technical/engineering background because I was able to do sales and all tech companies are always hiring for salespersons. Later on I will be creating a video about pivoting into sales and the skills required, so please subscribe and stay tuned!
@@9to5MillionaireMindset awesome.. I’m looking forward to it!
I have subscribed......... Uppz for u
Thank you for commenting in both videos! ☺️
Better than just tryting to optimizing your income while you're at a job, is using the only time you really have leverage to negotiate the biggest base salary you can -- before you take the job. I did this in tech, 7 years ago. I will be let go due to business slowdown in 6-12 months. But i have 7-8 years of a salary that is at the very top of my band, because i did this negotiating before taking the job. I am paid more than people in management roles one step above me. These people have jobs I would hate to do because all of the job is focussed on internal operations, none of which is portable. My job as a practictioner is preparing me to go to any number of other tech jobs after this. I won't take another staff job and will instead freelance. All possible because I have also built financial freedom for myself.
That's really good career advice. I learned it the hard way that the most leverage you have is before joining. I also used to think tenure in a company was important, but now I am advising my peers and students to switch jobs more often as that will allow more opportunities to negotiate before each new role. Thanks for sharing!
I know that feeling, my dream job where I could drive all the fancy cars I wanted. I miss it, but that life taught me a harsh lesson. I am in the hands of God now, and I can only laugh about it.
thats why its very important to have a back up plan in life, low cost places or Secondhome etc.
Congrats finance freedom
Thank you, I hope you find your version of freedom soon too!
is 2 million enough though? My number is more like 5, the rationality is that i need 500k of income a year (assuming a 10% annual return on the S&P) to sustain a "comfortable" living for myself and family. My income is around 200k and as a single person I feel "ok" but sure as heck do not feel rich or anywhere close to retirement
It's enough so far based on where I am at and the lifestyle that I have chosen. But I agree with you; seeing how prices keep going up, we never really feel secure.
Where are you based at? It's cost of living and taxes would influence a lot too
A renovated house within 30 min drive of a major airport, can cost under 300k.
Down to 1.7m
Then property taxes utilities groceries yearly and a car... 15k Max.
1.7m easily produces 15k.
laid off reduce my living expenses, so is death. haha. spot on on commission sales.
😂😂😂
You said you felt zero pressure to find another job because you made 2 million on the stock market. But in a more recent video, you said you went into problem solving mode and wasted a whole heap of energy applying for a heap of jobs, not even considering if it's suitable -- and that it was unhealthy. Are you actually relaying your actual life events, or are you just saying anything to build a channel? Honest question. I can tell you're a sales guy.. sheesh...
Hello there! Firstly thanks for watching both videos. You could have watched anything else but you chose mine, so thanks for that.
Another viewer also shared your similar feedback in the more recent video, that I wasn't being consistent. And the reason is because while logically I was confident that by investing early and regularly I could cushion a job loss, emotionally I was still panicking when I found out and couldn't accept that I was being "forced out" because having a career has always been a huge part of my identity. So I was desperate to do whatever it takes to stay in Google, or at least in tech.
If I were to redo it again, I will definitely give myself more time to be calm and assure myself that I had planned for it.
That's my honest answer, thanks for watching and giving me feedback to make better videos.
@@9to5MillionaireMindset ok, fair enough. I have subbed anyway.
Thank you for your view, honest feedback and sub support!
Hi ex-colleague
Hi ex-colleague x2
sure you are. lol