Recession - Good Time!!!

Ok... so what's up!!!

How is life moving??? Not so great... right..... I guess this is very usual scenario of almost everyone around in this Recession time...... But, I really wonder, if you say this Recession is only bad.... I truly accept that it's bad, but not for all, you can visit my earlier post here..... [ Recession - Good Time!!! ]

Well, this time I have came with another thought related to Recession - Good Time!!!....... Yes, I guess if it's bad for you, it's good as well.... This time has truly taught people lots of lessons [may be too expensive for someone.. :-(]

I'll write this with my thought flow & not on any particular format..... Well, first thing which comes to me is;;;;;;

Don't take hefty loans even if someone is offering you on very low %age...

If you have to buy a house make sure you have @least 50-60% of the money with you & the total cost of the house is not more than your yearly salary multiplied by 4.

Let's say your salary is 6LPA then the total coast of the house which you are planning to buy shouldn't exceed 24Lacs & that too with @least 12Lacs already with you. Does it make sense.... you decide.... [one of my friend has to pay around 35K/month for Home Loan & has been laid-off recently from job.... I don't know what to say]

Don't take loans for two wheelers............. If you are taking loans for two wheelers, I will pray to God for you.... Free of Cost....

This tough time has taught people how to survive...... Ok.... I'll tell you my example....

I'm a recruitment consultant with keen interest in market understanding & Business Development related to Telecom / VAS Products & was in Bangalore for around 3yrs, I used to work on requirements like Linux/Windows Kernel programming, Device Drivers, Telcom / VAS Product Development, Security Programming, & other related areas.... you can see only niche areas...... Recently I moved to Delhi & due to Recession & location I struggled a lot to find such requirement to work on. In-fact I got some of them but soon everything went on Hold.... [very usual these days].... Then I decided [u can say forced... ;-)] to take up something new & I started concentrating more on Business development for my organization & quickly got a few Telecom / VAS clients on board.... The client which we tied-up given complete Non-Technical requirements...... but, believe me I not only closed, but also got repeat business from them & I swear.... I enjoyed a lot.... :-)

Now I can say... I'm a Consultant rather than simply.... IT Recruitment Consultant.... :-)....

So, what time taught me.....
Be flexible & for sure you will gain something.....

Are yaar..... ab bahut gyan ho gaya..... Rest I'll write in another post, else you will close the Window.... ;-)

Regards
Navrang