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I’ve been laid off, what should I do?
Whether it was unexpected or long overdue, a layoff can feel like the rug's been pulled out from under you. But for many entrepreneurs, that moment of uncertainty was also the spark that launched their next chapter — on their own terms.
If you’ve ever dreamed of working for yourself, starting a business after a layoff could be the push you didn’t know you needed.
Here’s how to turn that career curveball into a confident leap toward entrepreneurship.
1. Give Yourself Permission to Pause
Before jumping straight into business plans, take a breath. A layoff can trigger everything from panic to relief. It’s okay to feel it all. You’re not “falling behind” by pausing — you’re resetting with intention.
Questions to ask yourself:
- What do I never want to do again?
- What work makes me feel energized, not drained?
- What skills have people always come to me for?
These questions don’t just guide your next job — they shape your business.
2. Start With What You Know
You don’t need to invent a new industry to be a successful founder.
Often, the best businesses are born from your own experiences, networks, and skills.
Think about:
- Freelance or consulting work you could do tomorrow
- Services you offered in your last role (but on your terms)
- Communities or industries you understand better than most
You’re not starting from scratch — you’re starting from experience.
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3. Keep It Simple (Especially Financially)
You don’t need VC funding, a team of developers, or a perfect website to get started.
What you do need is a clear understanding of:
- Your personal and business expenses
- How much income you need to cover your essentials
- What you can charge and how many clients you need to hit that number
This is where most new entrepreneurs get overwhelmed.
That’s exactly why we built Investrio, to help solopreneurs organize their money, track expenses, and plan confidently, even in uncertain times.
4. Say Yes Before You Feel Ready
You don’t have to have everything figured out. Most entrepreneurs don’t.
Say yes to the first client.
Say yes to the free workshop.
Say yes to the awkward first invoice.
Done is better than perfect, especially when you’re just getting started.
5. Build a Support System (Even If You're Going Solo)
Just because you’re running a business of one doesn’t mean you have to do it alone.
Find your people:
- Other laid-off founders in LinkedIn groups
- Creators sharing free tips on TikTok or Instagram
- Tools like Investrio, designed specifically for solo entrepreneurs
Final Thoughts: A Layoff Isn't the End; It's a Redirection
It might not feel like it right away, but this moment is an opportunity.
An invitation to build something that works for you.
And if you decide to start your own business, we’re here to help.
Because your time, your skills, and your vision? They’re worth investing in.
P.S. Already thinking about that business idea? Try Investrio and get your money organized from day one — no spreadsheets, no stress.
About Investrio
Investrio is a mission-driven fintech company that empowers solopreneurs by integrating personal and business financial management into a single platform. Designed to simplify taxes and expense tracking, Investrio helps business owners build sustainable practices and achieve financial independence. Backed by Techstars, Investrio is leading the charge in inclusive financial innovation.
For press inquiries, please contact:
hello@investrio.io
www.investrio.io