Have you ever fantasized about escaping the day-to-day grind of your job and starting your own business? If you have, you’re certainly not alone: Many people have a dream of beginning a new life as a business owner. However, you probably have families to support and bills to pay, so it’s not smart to walk out on your current job without a solid plan in place. Let’s look at some simple steps that can help you reinvent yourself as an entrepreneur.
1. Let Go of the Past
Some would-be entrepreneurs miss out on their true calling because they’re tethered to their past experience. In reality, your future is a clean slate; it’s up to you to write the next chapter of the story. Just because you began your career in a marketing role doesn’t mean you have to start your own marketing business. Liberate yourself from the past, and you’ll have an easier time figuring out what you were really meant to do.
2. Identify Your Calling
It’s not always easy to determine what you were born to do, but asking yourself a few questions can help you gain some clarity and direction. What do you really love to do? What are you good at? What values and ideals matter to you? Contemplating the answers to these questions can help you become more self-aware and can set you on the right path.
3. Seek out Mentors
Don’t go it alone: Entrepreneurship shouldn’t be a solo journey. Building a network of fellow entrepreneurs who have been successful in your field will prove invaluable. Mentors can guide you through the process of getting a business of the ground and help you avoid pitfalls along the way.
4. Find Some Free Time
If you’re going to work on building a business, you’ll need to free up some time in your schedule. You may have to approach your day job a bit differently to make this happen. Is there any way you can work faster or smarter? You can probably increase your productivity, but you’ll still need to be disciplined about working on your side business. Try blocking off certain periods of time on your calendar each week: Treat these calendar items like critical business meetings, and you’ll find yourself getting a lot more done.
5. Take the Plunge
Some people recommend jumping into your new business venture without a safety net: You’ll have no choice but to succeed. This idea makes sense in theory, but if you have a family to feed, you may want to choose a more conservative approach. Once your side business has grown to the point where it can replace the income from your day job, you can complete your transformation from employee to entrepreneur.
Starting your own business takes research, planning and perseverance. There are many challenges associated with being a small business owner, but incorporating your business shouldn’t be one of them. Leave this task to the incorporation experts: The specialists at Inc. Plan (USA) can handle the process of establishing your business presence. Contact us today for more information on our incorporation services.