STOP LOOKING FOR A JOB AND START A BUSINESS
You are equally as frustrated with phoning the HR departments of
Companies that you know could use someone with your skills, only
to be told, "We are not hiring right now, could you call back in
six months maybe something will open up." A friend suggested
that maybe you should start up a business. It's a thought, you
have excellent skills acquired in your last position, you are
very familiar with the competitive marketplace, and you feel
that you have compatriots who would join you in starting a new
business.
What Are The Benefits Of Starting A New Business?
1. Self-satisfaction. You will have the inner satisfaction of
starting your own new business and watching it grow. You've been
very frustrated at not being able to find a satisfying job and
your new business will give you a renewed energy of purpose and
motivation to succeed. 2. Freedom. One thing you will often hear
from small business owners is that they appreciate the freedom
having their own business has afforded them, compared to when
they worked for someone else. As the owner of a business
start-up, you will have the freedom to make all the decisions
regarding the development of your business. While an employee of
your previous company, you may have lamented the fact that you
were not listened to and the decisions made by your managers
were not always what you considered worthy. As a new business
owner, you should have the freedom to prove what you have always
known, that you are a good manager and that you know the
industry extremely well. You also are aware that this knowledge
alone will not be enough, because you realize to start a new
business you will have to be well financed and have a clear and
concise business plan covering short and long-term goals. 3.
Financial benefits. If everything goes as planned, as a new
business owner you will have every opportunity to increase your
ability to make more money. Have your accountant draft a safe
and secure way of drawing your salary to insure a fair return
for your efforts while at the same time keeping the finances of
the new business as the number one concern. 4. Personal returns.
Besides the self-satisfaction of watching your new business
grow, you will begin to get returns on your personal investment.
Personal investment is the amount of time and energy that you
will put forth to accomplish your new business goals. You will
likely find yourself working harder and longer hours as you
continue to develop your company strategies. However, the
increased effort and hours will be directly related to your own
new business's accomplishments and therefore filter back to you
personally. You will likely feel a sense of accomplishment never
garnered in your previous position. 5. The challenge and the
risk. As an entrepreneur, you have an inherent liking of
challenge and should understand the risks that accompany
starting a new business. You will have to employ all business
techniques that are available to you to reduce risk and overcome
challenge. Starting a new business will constantly present new
and varying challenges whether it is market deterioration,
financial concerns or human resource situations, and you will
need to manage and meet the challenges with sound
decision-making.
You have just learned a handful of the benefits of starting a
new business; the rest is up to you. Meet the challenge.