These are 5 Things Showed Me I Need to be an Entrepreneur.
Does the thought of working for someone else scare you? Would you have more self-worth being self-employed? When someone asks you what you do for a living, do you cringe every time you have to say, “I work for ____” (insert your bosses name here.) Well that was me. I can finally say “I own 3 highly successful companies and one of them is helping coaches, thought leaders, and service professionals close high ticket offers over the phone. I finally realized I could no longer work in the corporate world. There was a straw that broke the camel’s back that sent me into self-employment. Since I took the risk and jumped into entrepreneurship, not only has my confidence level catapulted, but even after failure and hardship, I can say that every step of the way was worth it. As you may have heard me say, failures are lessons, and man have I grown from them…let me tell you! INSERT 3 THINGS YOU HAVE LEARNED FROM HERE.
If YOU have that voice inside your head that won’t shut up and it is persistent in telling you to TAKE CONTROL OF YOUR LIFE, if you have a dream or idea that keeps you up at night, then read on my friend. These 5 signs will tell you that entrepreneurship is in fact exactly what you need to go after.
1) What does your boss have that you don’t?
Putting your livelihood in someone else’s hands scares the crap out of you, doesn’t it? Yeah, me too. Why the hell would you put in the time, energy, and effort to build someone else’s dream? I have a real problem with this and you should too. Chase your dream, not theirs!
The point of running a business and becoming self-employed in the first place is precisely so you can be replaced! Meaning: someone else does the work, and the company, with the right employees, runs itself…you then retire. Sound like where you are working right now? Exactly. The problem with that is…you’re the employee helping someone else retire.
2) Believe in yourself
Do you have that inner voice saying, “start that life coaching company and go change people lives by showing them how to get fulfillment from within” or “don’t be a framer or finisher, go and do what it takes to be the General Contractor making bids and collecting the big bucks” or “forget going from apprentice plumber to working for another boss…own a plumbing company and kill it!” Use your expertise as an Electrician, Child-Care Worker, Massage Therapist, Internet Marketer, WHATEVER it is that you do best, find a way to create a product or service people want and need. If you build it they will come. ( I just love that saying that’s been around forever…its true.) SO! If you have that inner voice, that urge, that drive…you need to get on it. That is the congruency within you telling you that you need to do this. Step out of your comfort zone and show the world your business!
You might go through hell for the first 6, 8, 10 months, maybe even a year or two…entrepreneurship is not an easy feat. When you start a job, you go through the hell of learning the company, the expectations, deadlines, making a sales targets to keep your BOSS happy etc. etc. etc.…my question to you is this: Why the fuck would you not just go through this hell for yourself?! Reap much bigger rewards. Makes me shake my head at why I didn’t quit the corporate world earlier…Once things do start to click, business prospects start to flow and turn into leads and then convert into sales, the feeling is absolutely irreplaceable.
Take the leap- You’ve had enough.
3) Notion and Demand
To be successful at this whole self-employment thing, you need an idea. A clever idea. When this idea comes into fruition, you need to monetize it.
Take risks and make whatever moves are necessary to turn it into a reality. Know what people want, what would make their life easier? What service do people want that they don’t want to do themselves? Think about needs. If you can offer the public something they need, they will pay for it. This is a great starting point for a good old fashioned brainstorm. Once you find the publics need, you have to ensure there is a demand for this said need. You must know that you can make money on it and get paid. Will they buy what you are selling? Most importantly, will enough people buy enough of your product or service to make it profitable?
4) Delegation and Out-Sourcing
There is NO shame in appointing a certain job to someone more capable. If it is taking up too much time or effort on your part, get rid of it. Why spend days on something someone else can complete in an hour? Not everything will be your strong point. There is no rule or law stating that it is not your company if you didn’t do the whole damn thing yourself. I’m not superman, so one of my favorite sites is Upwork.com. Qualified, rated people compete for jobs you need done. This could be editing, website work, whatever. This has saved me HOURS! While things I hate to do or that I am not good at are being done, I am allowed the time to focus on my strengths and passions. This not only gets the job done faster, but it ups the quality.
One thing I can say that has brought my business from 6 figures to 7 figures is finding the RIGHT mentor. Not “a” mentor, the RIGHT mentor. Get it? (We will save this topic for another blog) One thing I will tell you is that this should not be a friend or family member. Mine is older and more experienced at life than I am. This does not have to be the case for everyone but typically a mentor has a little more impact if they are older and have been around the block a few times more than you. This will naturally increase your respect level.
We live in a day and age where we literally have the world at our finger tips. Turn to social media to get your word out there…there are so many people out there that have the product, inventory, or means to help you start. If you have an idea, chances are, someone out there has some sort of source. If there is a demand, that source may also be the funding or sponsorship behind your business idea.