It'll be like this, but the smiles and excitement would be replaced by death.
1. Slow down your fall
Considering that earth's acceleration due to gravity is 9.81 m/s^2, you might want to consider slowing down your fall. But it obviously can't be as easy as snapping your heels together and expecting to find yourself in a luscious green forest alone. Actually, it can. All you need to do (and can do) is attempt to increase your surface area in order to allow good ol' air resistance to work its magic.
All you need to do is to spread yourself out, stomach facing the earth, head and legs reaching for the skies, arms outstretched, elbows and knees slightly bent, and you're as good as gold. You may have seen this position in the thousands of movies that have included sky diving, the difference is, you don't have a parachute. You can actually shave off up to 80 mph off your speed as you reach terminal velocity if you stay in this position instead of going head/feet down.
So, no. They don't do this to simply look lame.
However this step only applies to you if you're certain that you have 30 seconds or more of air time otherwise, you'll just end up landing in a awkward position.
Also: While you're anticipating impact, find a nice place to land
If all you see below you are large slabs of cement, you can attempt to direct your body towards another direction. As you can probably guess, hard, rough surfaces are possibly the worst places you can land. Look for long slopes or soft surfaces that can help absorb some of the force. Also, remember that when you're trying to move around, don't act like you're swimming in water; staying in the position described above, simply twist your body towards the direction you wish to go, like a plane or bird.
Did you know: If you fall from an airplane, you can get up to three minutes of fall time, which can give you a few miles of turning space before you hit the ground.
