Entrepreneurship

Making the Jump From Employee to Entrepreneur

jumpintoentreprenenurship

People will work a job they hate their whole life only to feel safe.
They let fear control them, and as a result they never get to experience life to the fullest.

It’s a scary thing to tell your boss it’s time for you to move on.
But it’s even scarier to jump into the unknown – to believe in yourself enough to pursue your dream.

Here are a few tips:

Prepare for the jump

Having a business idea is not enough. The first thing to do is research. Spare a few hours everyday to start researching your idea. Read industry statistics.
Go out and talk to potential customers. Get as much feedback as you can.

Start in familiar territory

If this is your first time jumping into business It’s probably best to find something you’re familiar with. Your first customers tend to be people who know you. They may already trust a certain skill of yours. Use what you already know and build on that.

Prove the concept before you jumping in

A business idea may seem great on paper. You may even have everyone nodding in approval but the only real test is to get people to buy it.
It’s hard to get people to open their wallets. People always have their elbows bent for something new. Build a basic prototype and sell it while you still have an income.

Nothing will alleviate fear like having a few customers on the side.

Keep costs low

In startup phase it’s crucial to only spend money on things that will give you a direct return. Forget brand awareness, forget the fancy merchandise. Startup is all about sales. About going out there and gaining customers and learning from them so you can improve your offering.

Find a mentor

Having a mentor can expedite 3-4 years to your entrepreneurial journey. A good mentor will have been through what you’re going through and will save you a ton of expensive lessons. I wouldn’t be writing this today if it wasn’t for my mentor.

To find a mentor, look for someone who’s achieved what you want to achieve. Some people may be too busy but ask them for a coffee and ask them for their thoughts. Maybe it’s someone you know or maybe it’s your boss. Maybe it’s MIYAGI. But you don’t know unless you ask.

PS: If you know anyone who’s expressed wanting to quit their job and jump into business send this to them. It will help give them a good start.



You Might Also Like