Making the break from employee to self-employed
Why do people leave a company to work for themselves? Most of the
clients who I work with as a personal business and life coach say
that it’s “freedom” -- not being tied down to someone
else’s business fantasy. “After all, if I’m going
to work 50 or more hours a week, shouldn’t I be calling the
shots?”
Realistically, there are many serious steps to take
before making a transition. When I was president of our record label,
we compassionately turned down dozens of musicians’ precious
recordings, with a nicely written letter to the effect of “don’t
quit your day job.” This holds true for almost any job where
you are an employee. A plan of action needs to be put into effect
before you take the plunge.
Yes, you can make freedom
your ultimate choice!
Research and diligence will lead you to your ultimate goal. And perhaps
you’ll need more time at your paid job while you’re preparing
for your own self-employment.
Making the transition
There are many questions to be answered while making a successful
transition.
- How much money will you need?
- How can you raise capital?
- How will you get medical insurance?
- Do you have the persistence and stamina to follow your dream to
completion?
- Do you have enough money to tide you over for a minimum of one
year…and
possibly longer?
- Is there a market for your service or product? How big is the
market? And where?
- Can you start your business part time while you’re already
working your present job?
- Do you have the skills and experience necessary to make your idea
a success?
- Do you have help in the areas where you are not the strongest?
These questions, and more, need to be researched and answered before
you take the plunge to quit your present employment.
Creating the next steps
- Create your business plan. (There are many great books to help
with this.)
- If finances are needed, contact banks, venture capitalists, friends
and family.
- Form your own advisory board who will help you brainstorm, keep
you focused and give you realistic feedback.
- Call experts in the direction, or field, who will help you with
their successful ideas.
I remember calling National Biscuit Company for a promotion I was
doing at my first international trade show. Eventually, I ended up
talking with a senior vice president at the company. He spent one
hour giving me invaluable advice. After that irreplaceable hour, I
often called “experts”. My lesson was that successful
people are more than willing to share advice with beginners, and calling
became a crucial part of my business plan. Try it yourself!
Bottom line to create your freedom in work
Gather all the information you need before stepping onto this new
path of your journey.
Remember the Boy Scout
motto - “Be Prepared”!
I guarantee that you will feel energized and more in control of your
own direction when you are primed with the foundational information
pertaining to your transition.
If you’re on a personal path to make dramatic changes in your
life, know that there is a creative solution to just about everything.
It’s not always about making money. Life is about the opportunities
that show up daily, allowing us the freedom to make choices that sustain
us spiritually, emotionally and physically.
Albert Camus wrote “Freedom
is nothing else but a chance to be better.”
How will freedom help create your destiny, your true purpose in life?
As a Professional Certified Coach* who specializes in holistic business
development and spiritual life coaching, I am passionate about your
success in life. If you’re in, or thinking about, a transition,
please give me a call for a free 30 minute consultation.
* Certified through the International Coach Federation (PCC)
I am passionate about your success!
Please call me for a complimentary coaching session to explore
how you can strategically, and creatively, design an exciting plan
of
action that provides the results you want for any aspect of
your life or business.
