Saturday 24 November 2012

BE YOUR OWN BOSS: 5 THINGS YOU SHOULD KNOW!

Why NOt Me? There Is SOmething Intrinsic In The Human Spirit That
Makes The Idea Of Being YOur Own BOSS A Dream WOrth Fighting FOr.

I WOrk FOr Myself. My BrOther DOes. My Father Did- On A Much Larger
Scale. I Suspect One Or Two Of My Eight Nephews And Nieces Will Too.

It Gets YOu Out Of Bed In The MOrning. It Is Teeth-Grinding Anxiety,
YOu LOve What YOu Do, PeriOd. YOu COntrOl YOur Own Destiny.

Here Are My 5 Tips To COnsider If YOu Have The Entrepreneurial Bent:

#1. DON'T THINK YOU'RE TOO OLD TO START YOUR OWN BUSINESS:
Bussgang TOsses Out SOme Interesting Studies To SuppOrt This. The
Kauffman FOundatiOn RepOrts That The Median Age Of FOunders Is
39-Right At The MidpOint Of A Typical PrOfessiOnal Career- And 69% Are
35 Or Older. AnOther Study By WashingtOn University PrOfessOrs Of
86,000 Science And Engineering Graduates Showed That Age Was NOt A
Significant PredictOr Of BecOming An Entrepreneur.

#2. GET COMFORTABLE WITH SALESMANSHIP. HOw Good Are YOu At Selling
YOurself? This Is A Key Ingredient FOr ThOse Of YOu Embarking On An
Entrepreneurial SecOnd Act. YOu May Have Had A WOnderful Initial
Experience Starting A New Business Or A COnsulting Business Or A
COnsulting Business But Fail To Understand That YOur COnfidence Is
Only Part Of The Battle; The Other Part Is Marketing YOurself As YOu
MOve AlOng FrOm ThOse Heady First Few MOnths Or Even Years.

#3. BRACE YOURSELF FOR GREENHORN BLUES.
It's Much TOugher Than YOu Think To COpe With Being A Beginner. It's
Unnerving. YOu Feel As ThOugh The Rug Has Been Pulled Out FrOm Under
YOu, And YOur Base Of SuppOrt And COnfidence Has Slipped Away. To Have
A SecOnd Act Hit, YOu Must Be Sufficiently Open To Change In Life.

#4. DEVELOP A THICK SKIN:
We All Like To Be Treated With Respect. But When YOu MOve Into
Uncharted TerritOry, YOu're A Neophyte, The PrOverbial New Kid On The
BLOCK, Starting Over At The BOttOm. This Requires SOme Psychological
Adjustment And Fine-Tuning. All Of A Sudden, YOu Are Making Less,
PrObably Making A Few Mistakes. A SuppOrtive Partner Or Best Friend
Might Be All The ShOring Up YOu Need, But It Is A TransitiOn Phase
That ShOuldn't Be IgnOred.

#5. MAKE MISTAKES WITH GRACE. Easier Said Than DOne. Face It, The
Older YOu Are And Further AlOng On YOur PrOfessiOnal Success Ladder,
The Harder It Is To Accept Criticism And RespOnsibility FOr Screwing
Up. YOur Ego Just Isn't As Nimble And FOrgiving As It Once Was.

When YOu're In YOur Twenties YOu Are Better Equipped To Handle The
Inevitable Screw-Ups And Missteps, Let Them Slide Off YOur Back With A
Simple Shrug, And MOve On. Accept That TryiNG New Things Means
Learning FrOm YOur Mistakes AlOng The Way. YOu Will Be In A Healthier
StrOnger Place To MOve Ahead. DOing Things Badly Is Just AnOther Step
TOward DOing Them WELL.
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Copyright © 2012
GREAT MINDZ

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