HOW TO TRANSITION FROM A JOB TO RUNNING YOUR OWN BUSINESS
Posted on February 23, 2022 by Theodore Petrus, One of Thousands of Executive Coaches on Noomii.
I outline 5 key steps to follow if you're thinking about leaving your job to start a business.
Many people in formal employment are perhaps considering the option of leaving their jobs and starting their own business. The pandemic has made the job sector very precarious, especially considering how many people lost their jobs since 2020.
If you are one of those thinking about making the transition, here are some key steps that you could consider:
1. Clarify your reasons for wanting to leave your job and move into business
2. Critically assess the advantages and disadvantages
3. Determine if you are prepared to make the transition, or if you need some more time to prepare and plan
4. Clarify the type of business you would be able to start, what it would involve, and if you have the knowledge and skills to do it
5. Address any mindset blocks that could interfere with your decision-making
Transitioning from the “security” of a job to the rollercoaster ride that is business has never been easy. The risks are high, and, if you get it right, so are the rewards. Ultimately it comes down to your priorities, your goals and your desire to follow your purpose.
If you’re thinking about making the shift from a job or career to entrepreneurship, but you’re not sure or clear on how exactly to do it, let’s schedule a free consultation. Go to my profile, and click the Free Consultation button.
