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You might feel depressed after having lost your job. After all, you worked hard for that company, and you might have expected to work for many more years. Perhaps the lay off came to you as a complete shock, or you knew it was coming. Either way, throughout your professional career, you gained a multitude of skills and experiences. You can apply these skills and experiences to a new business: Something that in the long term from which you can gain much enjoyment. Now that you obviously have more free time, you can decide what type of business you want to start. You could base your new business on the previous career level positions you had.
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