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I Lost My Job as a Pilot — Here’s How I Survived (and What I’d Do Differently)

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Manage episode 490196953 series 3666273
Content provided by Cole Baltz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cole Baltz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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Imagine going from the cockpit of a commercial jet to facing unemployment overnight. That's exactly what happened when COVID-19 devastated the aviation industry and left me questioning everything I'd built. This raw, honest conversation explores the harsh reality of career vulnerability and the steps I took to rebuild financial security.
The panic I felt during those first days of unemployment was real. Despite years of specialized training and experience as an airline pilot, I suddenly found myself competing with thousands of other displaced aviation professionals for vanishingly few opportunities. Had it not been for my part-time military flying position, I might have found myself back delivering mail in Milwaukee—a sobering thought that fundamentally changed my approach to financial planning.
Today's job market faces threats beyond pandemics. Artificial intelligence, automation, and technological disruption pose existential risks to careers across industries. Whether it's a pilot losing their medical certification or an office worker being replaced by AI, the message remains the same: having all your income dependent on a single source is increasingly dangerous. Through my journey into real estate investing—starting small with single properties and gradually building a self-sustaining portfolio—I've created a financial safety net that gives me peace of mind regardless of what happens with my flying career.
Whether you already feel the anxiety of potential job displacement or simply want to strengthen your financial position, now is the time to act. Start learning, saving, and planning for your first investment property while you still have stable employment. The security of knowing you can weather career disruptions is invaluable, and the autonomy of building something that's entirely yours brings satisfaction beyond just financial returns. What steps will you take today to protect your financial future?

  continue reading

Chapters

1. From Pilot to Unemployed Overnight (00:00:00)

2. The Fear of Career Derailment (00:01:42)

3. Why You Need a Side Hustle (00:03:22)

4. Real Estate as Financial Protection (00:04:38)

5. Starting Small to Build Security (00:07:10)

24 episodes

Artwork
iconShare
 
Manage episode 490196953 series 3666273
Content provided by Cole Baltz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cole Baltz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

Imagine going from the cockpit of a commercial jet to facing unemployment overnight. That's exactly what happened when COVID-19 devastated the aviation industry and left me questioning everything I'd built. This raw, honest conversation explores the harsh reality of career vulnerability and the steps I took to rebuild financial security.
The panic I felt during those first days of unemployment was real. Despite years of specialized training and experience as an airline pilot, I suddenly found myself competing with thousands of other displaced aviation professionals for vanishingly few opportunities. Had it not been for my part-time military flying position, I might have found myself back delivering mail in Milwaukee—a sobering thought that fundamentally changed my approach to financial planning.
Today's job market faces threats beyond pandemics. Artificial intelligence, automation, and technological disruption pose existential risks to careers across industries. Whether it's a pilot losing their medical certification or an office worker being replaced by AI, the message remains the same: having all your income dependent on a single source is increasingly dangerous. Through my journey into real estate investing—starting small with single properties and gradually building a self-sustaining portfolio—I've created a financial safety net that gives me peace of mind regardless of what happens with my flying career.
Whether you already feel the anxiety of potential job displacement or simply want to strengthen your financial position, now is the time to act. Start learning, saving, and planning for your first investment property while you still have stable employment. The security of knowing you can weather career disruptions is invaluable, and the autonomy of building something that's entirely yours brings satisfaction beyond just financial returns. What steps will you take today to protect your financial future?

  continue reading

Chapters

1. From Pilot to Unemployed Overnight (00:00:00)

2. The Fear of Career Derailment (00:01:42)

3. Why You Need a Side Hustle (00:03:22)

4. Real Estate as Financial Protection (00:04:38)

5. Starting Small to Build Security (00:07:10)

24 episodes

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