Most entrepreneurs do not begin their careers by starting their own ventures (though there are some notable exceptions). The majority have had at least a small career first so that they can take the skills
Is there something specific you could share, whether it is a new skill, reading, or working with a mentor. What are you doing and how is it helping you get closer to your next goal?
Working on your business is just as important as working in your business, ie client work.
Having a strategic plan which is high level, then that could be broken down into goals then breaking down those goals into chunks makes anything achievable.. That includes upskilling, implementing or improving processes, business growth and more.
Even if you have one goal per month and your achieving it, that's counted moving forward and making progress in business.
Age bias in recruitment is more common than you think. The best way is to prepare for it and deal with it during the job interview. Address the interviewer’s unconscious bias professionally to help...
1. Animator The popularity of computers is constantly rising – this is the career you’ll find entertaining and well paid. If you wish to never grow up and have fun your whole life, you should...
Great list, but I would add a musician and blogger too. Recently, I wrote an article about most creative jobs in 2019, which you can check out here, I think it will be really interesting for you too.
So you have been searching the internet for ages and you have finally come across your dream Construction Sales Job, you send over your CV and you get an email to say they would like you to come in...
Thanks for this article. It's really useful for me because I'm preparing for my first job interview. Also, I read Meghan M. Biro blog. I found some useful tips at her latest blog post. I think you definitely need to take a look at it too.
Every morning we wake up, we get on with our day, we do what we have to do... but do you feel that there should be much more to it? Do you feel trapped in a negative, toxic work environment? Do you...
No job is safe these days, no matter how important you are or how secure you feel. Even the Prime Minister wasn't safe. Business, can be very risky, things can happen and it could all be taken away...
Risk can not be completely eliminated. It can only be mitigated. As entrepreneurs we should be hyper-aware that risk is a constant as well as a variable. Consider that without risk there is no need to be an entrepreneur, but being an entrepreneur carries its own risks.
This is truly a loaded question. Steven diversification above and he is correct, but that needs to be seen in more detail (I'll circle back on this below).
Richard you have made some interesting suggestions, but they have risk as well. Take Intellectual Property, sure there is a reasonable expectation on return, but consider the cost to achieve the IP, just because you've secured IP doesn't mean it creates a product people want or need. Even if it leads to a product people want, it won't last indefinitely. The same is true of writing and selling a book. What if you spend all that time and money creating the book and no one buys it? What if the book sells well for a while, is that rate of sales sustainable? There is still risk involved.
Diversification is the only way to truly minimize risk. I speak of true diversification, not in the sense of a Monetary Portfolio. This is what successful diversification looks like to me:
The primary job is consulting. This leads to an offshoot of paid speaking engagements. The added visibility leads to writing and selling a book (while still consulting and doing speaking engagements). The book surfaces the opportunity to do training workshops (helping others gain your skills not applying your skills to clients, but still doing all of the above). The added projects have brought additional revenue. You decide to invest your extra revenue. You split your investments across Stocks, Bonds and Cash. You continue doing all of the above and decide you want to buy part or all of a related business but leave them to operate on your own. Now that you have all that going you realize you don't have as much time to do all of the above, so you cut back on training and open up an e-commerce store to sell whitepapers, training guides (CDs/DVDs) and other related material.
This could continue on and on. The idea is that you are truly diversified. Sell services, digital products, physical products and be in different industries and verticals so that lows in one market are offset by another.
I will say it again, risk can not be eliminated. It can only be minimized. The biggest risk is not taking any. Life is always changing so you must plan to adapt constantly.
There are so many myths concerning women in business. But in today's market, women are actually making their mark. But how do women move forward from instability to stability? As I counsel women in...
Let me ask you a personal question………. Would you like a promotion? Maybe you could do with some favour, to help you move not only forward but move faster in your career? What would it take? Maybe...
Yes Phil. This is one of the Secrets of Highly Successful Positive Thinking People, I have discovered.