Career learning lessons from the 2008 recession to help you recession proof your career

EPISODE SUMMARY

In this episode of Chan With A Plan, host Max Chan speaks with Roman Prokopchuk Founder of Nova Zora Digital, and podcast host of the Digital Savage Experience. In this conversation, Roman discusses lessons he learned during the 2008 recession that will help others prepare for what many experts are predicted the next big recession. 

 

QUOTES

• “For me, I didn't really have a choice. So, I took advantage of the opportunity. Ask yourself, ‘If you get an opportunity in a completely different field, and it potentially can lead to something else are you going to take it?’ My recommendation would be take it because you don't know where it could lead you.” – Roman Prokopchuk
• “All the ups and downs and getting to wherever you want to get, so if you're doing it that way, and you're getting value out of the process and the journey, and it's actually rewarding.” – Roman Prokopchuk 
• “Maybe they don't give you an opportunity, but at least you can pick their brain, maybe even ask them, has this ever happened to you? What do you recommend, for me, what would be the best thing? So, taking opportunities like that, there's a lot of things you can do for free, it just takes you time to find them.” – Roman Prokopchuk

 

TIMESTAMPS

• [01:39] Roman’s story
• [05:48] Signs of the 2008 recession
• [06:41] How the recession affected friends and family
• [09:46] More millionaires are made during economic hardships
• [13:20] Businesses and their plans to weather recessions
• [18:09] Testing business ideas before pulling the plug
• [19:41] Future proofing yourself and being adaptable
• [25:42] Deciding which direction to take when things get rough
• [30:12] Learning lessons through the recession and how he might’ve handled it differently
• [33:41] Dealing with being fired
• [36:41] Advice on learning a new skill
• [45:08] If the recession in 2008 hadn’t have happened would you have followed a different path?
• [47:57] Lessons for economic hardships
• [52:20] Roman’s big career challenge and how he overcame it

 

RESOURCES & RELEVANT LINKS

• Roman Prokopchuk Social Media:
  • LinkedIn
  • Instagram
• Chan With A Plan
• Max Chan on Social Media