Part 6/10:
Those with skills that are too narrowly focused also find themselves in deep trouble during recessions. While they may excel in a specific area, when demand for that skill declines, they may struggle to transition into other roles or industries.
Versatile skills are essential in a changing economy. Developing a broad skill set allows for adaptability and the ability to pivot into sectors with a current demand. Learning new skills and embracing a mindset of continuous education provides a significant buffer against economic woes.