What are the circumstances in which a company cannot easily fire you even if your side job is discovered
Hello, this is Shimoyama.
The other day, I had a chance to speak with someone who runs a real estate business.
who has been working in the real estate industry for a long time
After retirement,
he started a companyand, with his wife helping him
he runs a real estate company dealing with investment condominiums and office properties.
“Customer attraction mainly comes from the connections I had at the company I worked for previously.” That’s what he said.
I heard such things.
Indeed, entrepreneurship leveraging the knowledge and networks you’ve gathered from work
carries significantly less risk than starting from scratch.
While listening, I felt that,
and from reading this newsletter, many of you
are thinking, “I want plus additional income.”
I think that’s true for many readers.
In such a case,
start by inventorying your own specialized knowledge and experience
and consider,
beginning there.
Some may think, “I already know that.”
But those who think that way often
don’t realize the value of their own specialized knowledge and experience.
There are many who think, “Who would want this kind of knowledge?”
and decide not to pursue it.
But
it is common for valuable things to have unexpected worth.
For example,
an elderly woman who collects leaves she finds in the mountains and sells them to high-end restaurants
became a topic of conversation, did you know?
Are you aware of this?
In Tokushima Prefecture’s Kamiyama Town, which suffers depopulation,
the so-called “Leaf Business” was born to save this town.
There are even grandmothers earning an annual income of 10 million yen,
which is astonishing.
There are people who buy leaves that you would casually see on the street.
The knowledge and experience you have cultivated over many years
will not become worthless to anyone in the world.
“The knowledge I have isn’t wanted by anyone.”
If you think that, don’t stop thinking,
take one more step and try moving forward.
Nowadays, there are sites where you can easily buy and sell knowledge and experience.
For example, on the site “Coconala,”
you can sell knowledge, experience, and information from as little as 500 yen.
Whether you get a response or not, in such places
you can begin by trying to sell your knowledge and experience.
Wouldn’t you be happy if you received your first order?
Even if it’s 500 yen,
the moment your information first has value will be
an exceptional moment of joy.
Why not take a new first step?
“But if my company finds out…”
there are people who worry about that.
More and more companies are lifting restrictions on side jobs,
but if you work for a company that prohibits side jobs,
getting found out is a bit scary, isn’t it?
“I might get fired,”
many people worry, but
even if a side job is found out, there are few cases where you’ll be fired.
＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊
If you hide a side job and it’s found by your company,
will you be fired?
Firing is very rare, and usually you only have to write an apology,”
if sued and the company loses,
it’s likely the company would lose.
From the July 20, 2019 issue of the magazine Toyo Keizai (Toyo Keizai Inc.) P.32
＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊
In the first place, under the law,
employees are not prohibited from side jobs.
If it affects one’s main job,
the situation changes, and
there is a possibility of being fired, but, if not,
the risk of being fired for a side job is not so high.
That said, I don’t intend to push you to start a side job by breaking company rules,
but I think
in the future, more companies will allow side jobs.
As times change and companies that cannot keep up
with the times and a shrinking workforce
will be forced to allow side jobs,
there’s no doubt that this will happen.
According to a survey by Persol Research Institute (October 2018),
about half of the companies fully tolerate side jobs,
or only allow them under certain conditions.
Many companies still impose restrictions on side jobs,but the movement toward accepting side jobs is clearly moving forward,
so even if your company prohibits side jobs now,
it’s worth considering earning for yourself in the future.
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
How to Build the Right Mentality for Investing
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
“Side job based on your own knowledge and experience”
as a topic
I’ve discussed, but, to be honest,
stock trading is,
in my view, the most efficient form of side income.
There is no other side job as efficient as turning money into more money.
However, to profit in stock trading,
for many people there are hurdles.
In particular, the mental hurdles are not small.
If your mental state isn’t prepared,
no matter how excellent your method, you will lose.
It isn’t as easy as that.
So, finally,
about the mentality required for investing
I’d like to share with you.
What is the mentality required for investing?
In one word,
“unbreakable mentality.”
No matter what situation you fall into,
you can change the situation by your own power,
you can maintain a strong will to keep moving forward
and this is the mentality.
When trading, you may incur unrealized losses or realized losses,
and feel down.
Even in such painful times,
you must believe you can move the situation in a positive direction,
and continue forward with that mindset.
That strong mentality is required.
So, how can you develop that mentality?
Below are some helpful methods,
which I’ll introduce.
＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊
Active optimistic thinking can be developed
regardless of age,
through the following methods:
①Build a track record of successes
②Observe people who are already successful
③Leverage support and encouragement from those around you
④Improve self-control
Dr. George S. Everly Jr.
Dr. Douglas A. Strause
Dr. Dennis K. McCormick
“STRONGER (Kankin Shuppan)”
First edition November 1, 2016, pp. 84-85
＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊
The active optimism referred to here
indeed means the will to improve the situation,
and four methods are introduced.
First, experience small victories.② Watch successful traders
③ Observe traders who are winning④ Focus on improving self-control
It’s also good tolook at the trades of someone more skilled than you,
but if possible, someone at a similar level who is winning
whose trading history you can study.
That way, you’ll feel more easily, “If that person can win, I can win too.”
As the name suggests,
put yourself in an environment where you receive encouragement from others
and consciously control your own will and emotions.
Above all, no matter how excellent the technique you acquire is,
if your mental state isn’t good, you won’t achieve sustainable profits.
If you trade stocks,
in any situation you should
develop a mentality that can positively transform the situation.
I’d be glad if you understood the importance of this.
With that, please enjoy reading until the end today as well.
Thank you.
Shimoyama Keizo
