The day I quit the last job I ever worked was, in hindsight, one of the best days of my life. I didn’t know it at the time but now having worked from home and for myself for 4 years I can tell you there is no way I’ll work for another company again. You can’t put a price on the freedom, balance and self expression that comes from creating and running your own business. It’s been tough. Becoming an entrepreneur and moving from a worker where someone tells you what to do to having to drive an enterprise you built requires a total mindset shift. It’s not easy but it’s worth it. Learn how I quit my job, built a business and never looked back and how you can too…
Should I quit? Is entrepreneurship calling you?
I’ve always been a creator from a very young age. Always been spouting ideas and solving problems. But it took me years to get that what I believe now, that I was meant to be an entrepreneur.
I went to college, graduated and got a corporate job like most people do. I never knew entrepreneurship was an option. Though looking back, for as long as I can remember, I had what I’d call the entrepreneurial “itch”. Maybe you’ve been feeling the same? Here’s how I felt…
When I worked for other people I would think: “you should be doing x,y,z this way”. I would get frustrated because the CEOs weren’t doing what I saw was best for the company. I always believed I had a better vision for what the company needed. I had a hard time just doing my job. I wanted to steer the ship. I hated to be controlled. I hated that I didn’t own my time. I hated that no matter how hard I worked their was a ceiling on what I was able to make financially.
Does this sound familiar? Do you hear your inner business leader self crying out while you work a 9-5 job every day?
These types of thoughts are often the first hints that building and launching your own business is what the authentic you wants and would lead to a life of more fulfillment. I truly believe that some people are better matched to be creating and running companies than working for other people. On the flip, some people are happier working without the headache of running a business. Where do you think you fall? Have you been wondering what it would be like to run your own operation? Is it time to quit your job?
What you need to know about shifting from working for a company to running your own operation – Things to consider before you say “I quit”
As an entrepreneur, your professional success rests on you
When you run your own business you control everything. This is both good and bad. When your business goes through ebbs and flows you will feel it. When you finally have money and are wealthy you’ll be excited. You’ll feel good, you’ll be dreaming of more dollar signs. Then there are times when business isn’t booming though you’re working your tail off.
As an entrepreneur, you’ve gotta prepare for this. You have to have to techniques and tools to keep yourself in a good state of mind, a good mood. You have to be willing to eat cans of tuna sometimes as you wait for the next check to come in. Sometimes you may even have to take an odd job here or there to make some extra cash.
Many people quit their jobs and think they are going to build their first business and have it be a success in a year. This was certainly what I believed when I began and it didn’t happen. It might but more often it takes time. Make sure you have the financial ability to leave your job and start a business before you do this. You don’t want to end up with financial stress. It will ruin your ability to think strategically and create for your business.
This is why it’s incredibly important that you LOVE the business you’re building. This will keep you going when times get tough. Don’t start a business you aren’t passionate about.
You may feel lost, alone confused and totally nuts at times
Building a business requires a leadership mindset. There’s no waiting around for someone else to give you an assignment, a work project or tell you what to do. You have to come up with that yourself. In the beginning this may scare the crap out of you. You may find yourself feeling lost and thinking “am I doing what I should be?”.
Building a business can feel kind of like throwing darts at a dartboard in a dark room. There are times where you’ll be confident as to where the board is and that you’re going to hit the bullseye. Other times you’ll be throwing darts and thinking “what the heck am I doing? How was this ever a good idea?”
Working from home can be an adjustment
If you’re making a move from working in an office to working from home, in the beginning it can be a tough transition. You may go from loving that you can work in your pjs and that you don’t have to sit in traffic to hating the lack of human contact. It’s different for everyone. If your work fulfilled part of your needs for social interaction you’ll certainly need to look for new ways to get that.
When you work from home it’s incredibly important to have strategies to maintain your motivation. Remember, you don’t have to sit at your desk from 9-5. When you work from home you can stop and go for a 30-minute run to get your mood up if you need to. Do what you need to to stay excited about your work. Don’t feel bad if you need to take a nap mid-day or go for lunch with a friend. You’ve been conditioned to work from 9-5 with a one hour lunch break so you may feel guilty if you start to do things other than that. But that is one major perk of running your own business. You set your schedule. So, do what you gotta do to keep yourself motivated and fulfill on what your business needs.
Where to start if you’re working for a company but you want to transition to running a business
Do you know what type of business you’d like to start? Depending where you’re at, the best thing to do while you’re working for someone else is to train yourself, research your options and learn about your marketplace. Slowly start to build a concept and build your skills. Do this while you have the financial stability of a job.
Start training right away in the primary skills you need to be a successful entrepreneur. While you may need specialized skills depending on your industry, all entrepreneurs need to have the following skills to make it. They are:
Digital marketing – you need to know how to create and sell online. You need to understand why you need a website and how to built a strategic one. You need to understand why you need social media and email marketing and how they work. You need to have technical know-how. The better you at in digital marketing the more quickly you can advance and achieve success.
When I quit my full-time job I went to work for a digital marketing agency so I could learn how to sell online. This was the best thing I ever did for my business career.
Copywriting – you need to know how to write. All businesses need to communicate their offerings to their market. More and more this done primarily online. You need to know how to write great content from blogs to the content on your web site, to landing pages and emails. If you don’t know how to write effectively and with influence, you need to train yourself.
In-person communication skills – you still need to be a people magnet. While most business interactions are done online these days it helps to have great people skills. Learn how to be likable. You will get ahead in all areas of your life.
Techniques for managing your own well-being and mood – this is super important and often overlooked. Many entrepreneurs fail because they can’t stay motivated, or don’t know how to deal with failure, or hate the loneliness of working from home. The best way to train yourself to be an incredible entrepreneur is to acquire mental toughness training. Learn how to overcome your fears. Deal with your personal barriers. Whatever blocks you have will come up when you try and build a bring a business to the world.
Whether you work for a company or have started to build your own business, you can start today in training yourself in these skills. It helps to schedule training to time to learn new skills.
If this article didn’t scare you and you’re still aching to start your own business, what you need to know that this way of life is fast becoming a necessity. Automated systems are fast replacing the middle class. Soon you won’t be able to get a degree and a job like you used to because no one will need you.
So need yourself! Build a incredible business that solves a problem in this world. The world needs you.