Are you ready to be your own boss?

Are you ready to be your own boss?

Do you have this urge to do things on your own? To sail your own ship? Are you tired of doing things you’re not passionate about?

A lot of times we may feel unhappy about our jobs and career. Some people are making money but they are not satisfied with what they do. Discovering a job that isn’t what you thought it would be can be rather disheartening, especially when you were excited to embark on a career you thought was your dream job. In research, nearly a quarter of respondents in the Philippines cited this as their main reason for dissatisfaction.

It is also one of the reasons why others do not see themselves as successful people. They’re not happy with what they have now. But we often see entrepreneurs living their best life. Why is that? Is it because they have the money to start a business? I say not. There are a lot of successful entrepreneurs because they chose to do their own thing. To incorporate the things they love to do and make money out of it. Plenty of entrepreneurs are out there making money doing what they love.

You can earn money while you do what you love if you decided to start your own business. I know some people who took the risk of starting their own business and is now financially stable and satisfied at what they do. The key to going from employee to entrepreneur is to know yourself, plan well and set realistic goals.

Here are five essential steps to make the transition successfully:

1. Reconnect with your authentic self

Asking yourself thought-provoking questions can help you to find clarity. Here are some examples:

- What are my gifts?
- What are my values?
- What gets me excited?
- What does my ideal life look like?
- What does success look like to me?

2. Turn that self-knowledge into business ideas

By figuring out how to solve the problems that you or someone else has, you may be able to come up with an innovative idea that fills a specific gap in the market.

3. Research, test and start a side hustle

Go online, network, and reach out to experts in the field you're interested in.

4. Create an escape plan

Make sure you complete a financial analysis to understand how much funding you will need to get the business off the ground.

5. Take the leap

There is never a right time to start a business so once you reach your deadline, take the leap.

In building your business, you will need someone to help and guide you in making sound business decisions. This is where JLSMEBC expertise comes to hand. We can help you in the process in starting your business.

Reference:

https://www.forbes.com/sites/carolinecastrillon/2019/02/06/five-steps-to-go-from-employee-to-entrepreneur/?sh=1ff793368901

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