Being Your Own Boss
Outlook Money|August 2021
Crisis is opportunity? Yes, the pandemic may have left India’s economy as a vast swathe of devastated soil, but behold those flourishing green shoots of entrepreneurship
OLM Desk
Being Your Own Boss
In March 2020, when the Covid-19 pandemic invaded India, who had thought it would bring us to the cusp of the unknown in so many ways? And yet, here we are, after sixteen months, on the verge of redefining ourselves. Our initial exasperation with the lockdown, with being imprisoned at home, and the home itself being turned into an office, were only the first, material steps in dismantling the world as we knew it. Over a year of coping with a real fear of sickness and death, and of being touched by personal and collective tragedy, added a keen psychological element to that disturbing of settled paradigms—what ensued for many was a deep interrogation of the self and everything out there. It was, relatively speaking, a small duration of time in everyone’s life—even if it seemed like an aeon spent in hell. But perhaps because of that last bit, enduring it has been a truly transformational event.

It was not a purely inner transformation, of course, generated autonomously by individuals or by some group spiritual activity. Most parts of it were forced on people by inimical factors outside of them. The lives of uncounted millions were devastated by the economic paralysis—many by the appearance of the dreaded pink slip, handed by the companies. The companies, many themselves in crisis, in a sense though of themselves as entities separate from their employees—instead of harboring them in a time of common crisis, they chose to leave them out in the storm. That experience of separation, a kind of estrangement, itself came to forge a different kind of thinking. That’s why this crisis birthed a new phenomenon. People began to think for themselves, and of themselves as autonomous agents. They became their own boss.

This story is from the August 2021 edition of Outlook Money.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the August 2021 edition of Outlook Money.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM OUTLOOK MONEYView All
HOW TO BEAT CURRENCY EXCHANGE RATE WOES
Outlook Money

HOW TO BEAT CURRENCY EXCHANGE RATE WOES

If you are travelling abroad, you will have to change your Indian rupees into either dollars or euro or to the local currency. Here's how to choose the right currency for a seamless holiday experience abroad

time-read
6 mins  |
January 2025
Why A New Year Goal Is Good
Outlook Money

Why A New Year Goal Is Good

Setting a new year goal can give you a psychological boost to improve yourself and help you set aims and targets while also helping you declutter and let go of the past

time-read
5 mins  |
January 2025
SENIOR CITIZEN HOUSING: THE HURDLES TO CROSS
Outlook Money

SENIOR CITIZEN HOUSING: THE HURDLES TO CROSS

Buying a home is not only a dream of youngsters, many retirees also want to buy a home, but for that, they have to overcome adverse situations and many challenges

time-read
8 mins  |
January 2025
Axing Taxes And Beating Benchmarks
Outlook Money

Axing Taxes And Beating Benchmarks

When investing for the long term and that too in a product with a lock-in period, the decision between the best and the consistent performer becomes critical.

time-read
1 min  |
January 2025
Use Gold To Optimise Portfolio
Outlook Money

Use Gold To Optimise Portfolio

Returns from gold are expected to be decent going forward, but more importantly, it acts as a portfolio diversifier and helps reduce volatility

time-read
3 mins  |
January 2025
The Risks That Invoice Discounting Entails
Outlook Money

The Risks That Invoice Discounting Entails

Invoice discounting can give potential high returns over a short period of time, but lack of regulation make them a high-risk investment

time-read
5 mins  |
January 2025
2024: CHANGES THAT MATTER
Outlook Money

2024: CHANGES THAT MATTER

The year 2024 has been a game-changer for the Indian regulatory landscape, with the Securities and Exchange Board of India (Sebi), Insurance Regulatory and Development Authority of India (Irdai), the Reserve Bank of India (RBI), the Pension Fund Regulatory Development Authority (PFRDA) and the Income Tax Department proposing key changes that will benefit investors, policyholders, pensioners, taxpayers and consumers alike. We give you a lowdown on five key changes proposed by each of these regulators

time-read
10+ mins  |
January 2025
10 Stock Picks For 2025
Outlook Money

10 Stock Picks For 2025

Top analysts recommends 2 stocks each and the reasons why they should be a part of your portfolio

time-read
10+ mins  |
January 2025
VOLATILITY AHEAD: PLAY SAFE
Outlook Money

VOLATILITY AHEAD: PLAY SAFE

After an exhilarating rally till September 2024, the Indian stock market finds itself in turbulent waters and is expected to continue to do so in 2025. We give you some stock picking strategies that will help you play safe. We also have a list of 10 stocks recommended by experts which you can consider for your portfolio

time-read
5 mins  |
January 2025
Stay Ahead Of AI-Powered Cyber Fraud
Outlook Money

Stay Ahead Of AI-Powered Cyber Fraud

AI has become an integral part of our lives, right from customer service at banks to insurance claims. But it has now become a powerful arsenal for the fraudsters too who are increasingly using AI to scam individuals and corporations alike to commit fraud. The key is to stay vigilant

time-read
7 mins  |
December 2024