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Making the leap to entrepreneurship
Hi Everyone!
I have been toying around with the idea of transitioning from employee to entrepreneur. As my career has progressed, I'm starting to become less interested in climbing the corporate ladder, and more interested in building my own path. My idea would allow me to provide a service in an area that I am both passionate about, and have extensive experience. Also, the overhead costs would be fairly low.
I keep hearing that economic downturns can be great times to start a businesses, but I don't really know how to get started. My goal would be to start building my business as a side hustle, and eventually transition to working for myself fulltime. Does anyone have any advice or words of encouragement for making the leap (or at least positing myself to make the leap)?
Anonymous
06/17/21 at 5:39PM UTC
I took the leap! Definitely start with doing it part-time so you can financially support yourself! It takes 2-3 years for a start-up to make some money!
Christina LangdonBringing clarity and joy to women in the C-Suite
99
04/15/21 at 2:34PM UTC
Women are starting new business at a faster rate then men since the pandemic, and achieving success. I work with early entrepreneurs to help them launch successfully and scale sustainably and still have balance. Your biggest challenge will be mindset followed by driving demand. I partner with founders to ensure they have the check-list, tools and resources and time to work on the mindset of success.
Virgginnia Buccioni-Hillmann
13
04/06/21 at 6:19PM UTC
Hi! I had to forcefully become my own boss by being a DEI and talent acquisition consultant since last March, and recently joined a startup as a Managing Partner and member of the co-founding team. Here's the caveat - I never thought I would be capable of doing either! what helped was doing what I loved, and finding my village of mentors and people I could go to for advice. This is a great community to help! Also - trust your gut. If you feel this is the right move, do it by all means! I wish you the best. :)
Deauna GibbsComms pro to UI/UX
26
02/01/21 at 6:39PM UTC
Lauren, how are things going?
Jillian Fuentes, CPCC, CPRW, PMPHelping Career Professionals Sell Themselves
54
12/01/20 at 4:04AM UTC
Hey Lauren, check out @TheWerkUniversity - she helps black women turn their skills into paychecks. I think she has helped me take the step towards entrepreneurship.
Deauna GibbsComms pro to UI/UX
26
11/12/20 at 6PM UTC
I took a business class last semester and the professor suggested writing a business plan even if you're only considering doing your business part-time to start. I did it for a business idea I had and it really provided a lot of clarity about time committment and some costs I hadn't anticipated. Maybe start there and the next step will come to you.
Good luck!
Christina LangdonBringing clarity and joy to women in the C-Suite
99
04/15/21 at 2:37PM UTC
A business plan is super help to get organized around your unique value proposition, the market you are serving, why people should buy from you, how you'll drive demand, what you need operationally. But if you are not looking for investment money, it could be a simple word document or framework I give to my clients to help you get organized for success.
