Be Your Own Boss - Part 4
Paths to success outside of the 9-5 gig
- You already have what it takes to start your own business
- You have the skills, competencies, and experience to leverage
- There are three main paths you can take to start your own business
- There are plenty of options for you to choose from once you’ve decided to move out of your 9-5 job
How to prepare for the move
So even though I decided to leave quickly after I made my decision to do so, I made plenty of preparations to be as ready as possible. After all, I was embarking on a new ship that was heading a direction I had ZERO knowledge of and ZERO experience in. Changing jobs and projects in corporate felt like just another day in the office. Leaving the “known land” and getting on a new, completely different path was scary, I knew I needed to prepare for that as well as I could.
Your individual circumstances will define the best approach to go about starting your new career, and there are quite a few elements that need to be taken into consideration. I go over all of them in-depth with my clients in the Consultant Academy, but below I give you a glimpse into some basic ones for you to work through:
- Money. You need to know how much money you have in the bank and how much you need on a monthly basis to get by. Make a simple list of all your expenses - rent, car payment, grocery etc + add 20% for any unexpected expenses. Then look at your bank account to see how much saved money you have. This will give you an idea of how many months could go by without you being paid a single cent. I was paid just two weeks after my website was published (preparation before launching pays off!), but knowing how much time you have to make things work and how big your safety net is, really helps on two fronts. One, it gives you peace of mind if things don’t move as quickly as you had hoped they would. Two, it gives you the necessary push whenever you lose the momentum to work on your new business.
- Assets. Before I pulled the trigger and handed in my resignation letter I had already started working on assets I could use and publish the minute I was ready. I had already worked on my website. I am a geek at heart, so the tech side of things was not a big issue for me, but it can take a bit of time to get everything sorted out. I had a new photoshoot done.
- Branding. I knew I needed to work on my personal branding because I no longer had the “big brand” behind me. I needed to become a brand myself. I connected with everyone from my corporate network on Linkedin (btw, let’s connect here). I knew I wanted to be a consultant, so this was an important step for me. If you want to start an eCommerce brand this step is not as crucial, but it never hurts to stay in touch with your peers.
- Offer. I also started doing some research on my future packages by simply paying attention to what the organization I was in was purchasing, what kind of projects they needed, what the potential quotes and terms of the project were. Even if these projects were not in my area of expertise, it gave me the necessary insights and allowed me to wrap my head around how all of this works.
- Legal/taxes. I researched taxes and legal requirements to get started. There are quite a few options from a legal perspective for what your business will look like (ex. self-proprietor vs incorporation), so I got that homework done too.
- Mindset. I also made some preparations to keep my mindset in check. I knew this would be something new to me and that there would be ups and downs, so I wanted to be ready for the downs.
Next on the list was connecting all the dots, creating a marketing plan and pulling the trigger.
The rest is history. I started my own business 6 years ago. In that time I was able to travel the world, move from Poland to Canada, open two new businesses in Canada and start helping others do the same I did - start their careers as business owners. That is yet another proof you can turn any life experience into a business idea.
You have similar experiences. Everyone does. Often, we simply don't realize it and we keep on going to the same office, hating what we do, complaining about the job, feeling trapped and dissatisfied.
If you’re reading this, then I assume you are at least remotely interested in potentially moving out of your 9-5 gig and starting your own business. If so you must be wondering how to do “all of this.” - how to piece together all the moving parts.
After I got my business off the ground quite a few people reached out to me for advice on how to replicate what I did. How to successfully move to be your own boss, how to forget about the glass ceiling, how to forget about the rat race, how to get the financial stability you’re in charge of and get the flexibility you crave. I started helping them do that and that was the foundation of the Consultant Academy.
When working with others on their move from the 9-5 to running their business, here’s what we go through:
- Deep dive into identifying your skills and goals
- Understanding your strengths and weaknesses
- All the preparation steps to fully understand your current situation and the next steps and timelines
- Building your personal brand assets
- Tech and social media platforms - learning the ropes and understanding what you need to do and what can be omitted. What you should do yourself and what you can and should outsource.
- Defining what the business is going to be
- Creating a business model and a business strategy
- First client - how to get one
- How much to charge, how to package your skills, how to sell it
- Mindset so you never doubt yourself
The above are just some of the elements that we cover, but because it all is quite replicable I ended up creating a framework and process to follow. The individual circumstances change, but the framework is still the same - the skills, the preparation steps, personal branding, strategies etc. I put all of it into a program that I called the Revenue Masters - Consultant Academy.
So if you’re serious about taking the next steps and exploring your options outside on the 9-5 as a business owner I want to invite you to learn about the Consultant Academy.
But before we move forward, I want to make sure we’re on the same page. I don’t want to waste your time and your money on something that will not make an impact for you and your business:
- Are you passionate about what you do but you feel you are limited by the office politics and performance reviews?
- Are you working hard, always busy and are constantly waiting for someone’s recognition?
- Do you know you can be more and achieve more but you are stuck because you don’t know how to get out?
- Do you lack work-life balance and every day feels like groundhog day?
- Do you want to have full control of your professional life, but can’t have it because you are working for someone else?
Does this sound like you? If so, I want to invite you to explore the Consultant Academy.
If you’re here to fix your situation and finally take control of your life, then this is it!
If you fancy taking full control of your life, break out of the Golden Cage and an Be In Charge, then click below
As you start to walk out on the way, the way appears.
- 1You have experience you can turn into business
- 2There are certain steps you need to take before the move to be successful
- 3If you are ready to change your circumstances you need to act