Episode Notes: "Federal Layoffs & Market Impact: The Follow-Up Formula That Lands Job Offers"
Key Market Updates:
- 30,000 federal workers laid off since the start of the year
- Government contractors seeing 3-5% stock price volatility following layoff announcements
- Defense sector stocks dropped nearly 2% on budget cut concerns
- Private sector hiring remains strong despite government cuts
- Unemployment rate steady at 4%
- S&P 500 climbed 0.8% after latest jobs report showed stable unemployment with wage growth
- 143,000 new jobs added last month
- Small-cap stocks outperforming large caps by 2% as domestic growth continues
- Tech companies reporting successful recruitment seeing 1-2% stock bumps
The Follow-Up Formula:
Hour 1: The Thank You Email
- Template focuses on specific insights from your conversation
- References exact projects/challenges they mentioned
- Commits to resources they suggested
Day 2-3: The Value-Add Follow-Up
- Share relevant article/resource related to your discussion
- Explain specifically why you thought of them
- No asks - pure value
Week 2: The Update Email
- Show you implemented their advice
- Share what you learned/gained
- Express gratitude for their guidance
Why This Works:
- Specificity to your conversation
- Adds value without asking for anything
- Keeps you top of mind without pushiness
- Demonstrates you're implementing advice
Strategic Application:
- Government sector: Focus on growing/stable departments
- Private sector focus: Healthcare, engineering, finance
- Timing matters: Don't rush - market remains strong
Success Story:
- Example of someone maintaining contact through layoff period
- Resulted in being first called when hiring resumed
This Week's Homework:
- Review recent coffee chat notes
- Send at least one strategic follow-up
- Research three growing departments/companies
Coming Next Week:
"The Productivity Trap: Why 'Working Smarter' is Killing Your Soul"
Free Templates:
Hour 1: The Thank You Email
Hi [Name], Thank you for taking the time to meet with me this morning. Your insights about [specific project or challenge they mentioned] really got me thinking, especially the part about [specific detail they shared]. I'll definitely check out [resource they mentioned] and will let you know what I learn. Thanks again, [Your name]
Day 2-3: The Value-Add Follow-Up
Hi [Name], I came across this [article/resource] about [topic we discussed] and immediately thought of our conversation, especially given your interest in [specific aspect discussed]. [1-2 sentences about why you think they'd find it valuable] Hope you find this useful! Best, [Your name]
Week 2: The Update Email
Hi [Name], I wanted to share that I followed your suggestion about [specific advice they gave]. [2-3 sentences about what you did and what you learned] Thanks again for pointing me in this direction. Best, [Your name]
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