(Be sure to read to the end to learn how we’re helping good, willing-to-learn people start their own business.)
With the continuing changes in the economy, there seems to be this “tough shift class” of Corporate America employees — talented, experienced people — who are in transition every few years. Generally speaking, I see them as what used to be middle management in sales and service positions. They’re the new migratory workforce. In the past, they may have migrated from branch to branch within a company and had continuity of employment. Today, however, they’re migrating from company to company. These fits and starts in and out of jobs wear on one’s confidence.
Here are 3 smart reasons to start your own business in the midst of your job search:
- You’ll be a better employee when you do get your next job. You’ll be able to Think Inc! — a concept from The On-Purpose Business Person whereby every person thinks like the president of his or her own company.
- You’ll do a better job search because you’ll better understand yourself and what matters most to you. You’ll improve your marketability and odds for landing in a better, more on-purpose place.
- Your business venture might work! Join the ranks of being an independent business person whose only boss looking at them is staring them in the mirror. Who knows, maybe you’ll end up on Shark Tank!
Prospects for this rising middle management migratory workforce are not necessarily improving. Technology is working against them. In the front end of the Knowledge Age, automation of systems and controls shrunk the middle management class. Today, artificial intelligence (AI) systems are replacing their decision-making and oversight and decimating their numbers yet again.
Hedge your bets.
Here’s the hard reality. Your working career is likely to be a series of tough shifts composed of company changes. Regardless of whether you’re looking for a corporate job or working in one now, you are in the midst of a tough shift or you will be soon!
The involuntary income gaps between “gigs” disrupt financial and retirement planning horizons. It can also wear on the soul.
Starting a business is the perfect hedge for job jumping.
When you get “reorganized out” of your old company, you’ll immediately have something to look forward to investing more of your time into until you land again or your business replaces your income. It dampens the lows and lifts the spirits.
Pressure and risk are high when you’re in the midst of a tough shift. If your business isn’t ready to launch, then you have to keep looking for that job. However, if you’ve been working all along on your business and the career tough shift comes along, then you have some involuntary freedom — voila! What a perfect time to take your solo ownership opportunity to the next level.
Beat Your Drum
The continuing ups and downs of the economy and the growing ranks of the dis-incentivized nonworking can be disheartening. Perhaps you fear falling into such government dependence. You have a choice and it can start today.
Let your life beat with the drum of being true to yourself by being on-purpose. The world will not necessarily or readily step to your new beat, so that’s why you want to ramp up your business adventure now.
You possess the power to transform your world and bring your dreams into being.
Are you asking yourself, “Am I ready for a tough shift … to a new job or business opportunity of my own?”
Everyone, yes everyone, needs to start a business at least once in their life. Aside from marriage, which I highly recommend, little else that you set out to do will challenge, educate, and mature you into a better person or even a better employee.
Starting a business is demanding.
It is also rewarding because you have the independence to pick and choose what you’ll do and whom you will serve as your clients or customers. Risks go with these rewards — so be smart.
Chances are you’ve uttered the words more than a few times: “I should start a business.” So … what are you waiting for? Even if the business never opens its doors, the benefits of starting a business are far greater than you’ll ever know unless you’ve done it.
Need some help with starting your own business?
Consider On-Purpose Personal Leadership Coaching. Whether you are starting a business or wanting to improve a current one, this offering is a great way to get the help you need.
Selectively, my wife and I are also helping people to start businesses as independent health coaches. Email me with your interest and we’ll set up an interview. It is rewarding work on many levels.