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10 Palpable Reasons Why People Become Entrepreneurs

10 Palpable Reasons Why People Become Entrepreneurs

Entrepreneurs are cut from a different cloth, unique in many ways. They come from different personality types, cultures, and genders.They are champions, full of determination, drive, and ambition. Entrepreneurs think outside of the box. Observing how things could be, instead of settling for how they are. They don’t need high levels of formal education to be effective and make an instant impact in any situation. Here are 10 palpable reasons why people become entrepreneurs:

1. They want to make a difference

Entrepreneurs have visions of pursuing their dreams, even if they are unconventional. Things that are not considered on the normal path of life, they may pursue.They get labeled as crazy, receive odd stares and judgment from the nonbelievers. Nevertheless, they push on to change the world one dream at a time.

2. They Embrace Having a Path of Their Own

Entrepreneurs are leaders, they embrace having a path of their own to fulfill their dreams. However, creating their own path is not always by choice. The lack of challenge and opportunity in the job market may push an entrepreneur to their pursuits. They create their own opportunity and use their skills that were neglected, by those they worked for and capitalize on them.

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Robert Frosts poem “The Road Not Taken” explains this all too well. A business professor whose class I had taken shared a copy of this poem with me. I now share this poem with you, I hope it serves as a source of inspiration.This poem is for those who believe there is an entrepreneur inside of them.

3. They Desire Challenges

Entrepreneurs desire challenges. They are problem solvers, innovators and game changers. Given the right opportunity they can turn around a project, company or anything, they put their mind to. They are hard working and dedicate the effort to making a great change in the tasks they pursue. They have the ability to see things that others do not. Unfortunately, many are overlooked and their suggestions are brushed off and dismissed when working for others. However, an entrepreneur being the smart person they are, they decide to turn it around and use it to their own advantage in a business of their own.

4. They Crave Flexibility

Entrepreneurs crave flexibility they don’t prefer your typical 8-5 work schedule. They may work more or longer hours when working for themselves, but the flexibility will make all the difference. They will appreciate having a schedule that they have a better control over.

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5. They Want More Stability

Whether it’s for their family or themselves entrepreneurs like the idea of more stability. The facts are that you can work at a company today and be laid off tomorrow. Entrepreneurs like the idea of being the determiner of their outcomes and financial security. You can work hard at a company, increase your skills and still not get a promotion, bonus or other forms of advancement. Even if you do receive a bonus they may give you a few cents or so which doesn’t go very far for really high achievers. Entrepreneurs know that when putting in the time, effort and hard work for their own business, it will pay off better rewards.

6. They want to create jobs

A driving factor to some entrepreneurs is that their passion may be able to create jobs. The thought that if they make enough money, their family members won’t have to go looking for jobs when they are laid off. Their family can always have a job when times get tough. I understand some believe work and family don’t mix. However, they still appreciate the idea of being able to help out family when in a crunch. With the economy the way it is unstable at times they like the idea of being able to do their part in helping out increasing jobs.

7. They are underestimated and overlooked

A lot of companies don’t understand what kind of amazing possibilities this type of person can bring to their company. Managers often overlook and underestimate the potential of this employee but sometimes don’t know this person exists.

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8. They are passionate about change

Entrepreneurs can be passionate people because they actually care. They can see the difference in their minds before it is actually implemented. They can also see the destruction that will occur if something is not done about the situation. They can get frustrated, but this does not make them less effective it makes them human. Although, passion doesn’t always exhibit itself in the form of frustration. Passion can also be displayed in hard work, being focused and determined.

9. They are limited in the job market

Entrepreneurs at some point have felt stuck while working for others. With little room to advance, concerns not being heard or addressed, feeling undervalued and unappreciated by the management of companies they have worked for, they are likely to be tempted to start their own business. Many entrepreneurs leave their employment to fulfill their own destiny and succeed.

10. They know they can make a difference

Entrepreneurs know the power they possess to make a difference. They have high confidence in their abilities. Although, others sometimes can’t see the power in their abilities. Entrepreneurs can see their vision so vividly as if it was right in front of them. This is sometimes the motivation that keeps them determined, they can see the end result as if it already were in existence.

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Being an entrepreneur is about a mindset, it is engraved in a certain individual. Whether or not they possess all the traits at the current time, at some point in their life it will develop inside of them. Like a flower destined to bloom or an eagle destined to soar it is their destiny to thrive. It doesn’t take formal education completion for these individuals to thrive or to be successful, it’s only a matter of time. Mark Zuckerberg (founder of facebook) and Blake Mycoskie (Creator of Tom’s) are just two examples of two successful entrepreneurs who did not complete their higher education but still achieved greater levels of success.

Featured photo credit: Jonathan Cox/Brandon Warren via flickr.com

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Published on June 5, 2018

Is It Time for a Career Change? Find Your Answer Here with These Steps

Is It Time for a Career Change? Find Your Answer Here with These Steps

Are you challenged at work? Do you regret career decisions? Are you happy? If the answer to the questions leads to a negative feeling, it is time to determine next steps.

Many people settle for a career that no longer brings satisfaction. Most will respond by stating, “I am surviving” if a colleague asks them “How’s work?”

Settling for a job to pay bills and maintain a lifestyle is stagnation. You can re-direct the journey of a career with confidence by taking control of future decisions. After all, you deserve to be live a happy life that will offer a work-life balance . Let’s look at the reasons why you need a career change and how to make it happen for a more fulfilling life.

Signs that you need a career change

The challenges of dissatisfaction in a career can have a negative impact on our mental health. As a result, our mental health can lead to the obvious appearance of stress, aging, weight gain and internal health issues.

You deserve a career that will fulfill the inner desire of true happiness. Here are common factors that it is time for you to change your career.

Physical signs

Are you aging since you started your job? Do you have anxiety? What about work-related injuries?

It feels amazing to receive a pay cheque, but you deserve to work in an environment that brings out the best of you. If the work environment is hazardous, speak to your boss about alternative options.

In the case that colleagues or your boss take advantage of your kindness, feeling the anxiety of fear of losing your job because of a high-stress environment may not be right for you.

Mental signs

One out of five Americans has mental health issues, according to Mental Health America.[1] In most cases, it is related to stress.

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I remember working at a job in a work environment where harassment was acceptable. I had to walk on eggshells to avoid crossing the line with colleagues. My friends started to notice the difference in that I seemed out of character. It was then that I knew that changing a career to freelancing was the right decision.

Here is a list of mental signs of workplace unhappiness:

  • The tension in your neck
  • Difficulties with sleeping
  • Unable to concentrate
  • High anxiety
  • Depression

If you start to feel your self-esteem is diminishing, it is time to consider if working in a high-stress industry is for you. The truth is, this negative energy will be transferred to people in your life like friends and family.

Why a career change is good for you

I have a friend that works in the medical industry. She was once a nurse working directly with patients in one of the top hospitals in her area. After five years, she started to internalize the issues with her patients to the point where she felt depressed after work hours. It impacted her relationship with her family and she almost lost herself.

One day, she decided to wake up and take control of her destiny. She started applying for new medical jobs in the office. It meant working on medical documentation of patients which is not an ideal career based on what society expects a medical professional to perform. But she started to feel happier.

It is a classic example of a person that was negatively impacted by issues at work, stayed in the same industry but changed careers.

A career change can fulfill a lifelong dream, increase one’s self-esteem or revive the excitement for one’s work.

You know a career change can be the right decision to make if you experience one or all of these:

  • Working in a negative workplace: Don’t be discouraged. A negative workplace can be changed by working at a new organization.
  • Working with a difficult boss: The challenges of working with a difficult boss can be stressful. All it takes is communication. You can address the issue directly with a manager professionally and respectfully.
  • Feeling lost about what you do: Most people stay at their jobs and settle for mediocrity because of the fear of failure or the unknown. The rise to success often comes with working a tedious role or stepping outside of one’s comfort zone. If you fear the idea of being involved in activities that are new, remember that life is short. Mediocrity will only continue to make you feel as if life is passing you by.

Common mistakes of people making a career change

Most people that feel they need a career are frustrated with their situation at work. What is your situation?

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  • Desire for an increase of salary: The desire for a higher income can persuade some to believe they are in the wrong career. The issue with this is more money requires more time in the office or taking on several positions at a time. At times, pursuing a high-income role can be the complete opposite of what one is expected. It is what happens when a colleague leaves a company to a new one and returns several years later.
  • Overnight decision: Let’s face it. We make overnight decisions when stressed out or disappointed with situations at work. The problem with a quick decision is the negative and positive points is overlooked.
  • Rejected for a promotion: I have heard stories of managers that applied ten times for a position throughout a 5-year period. Yes, it sounds to be a lengthy process, but at times, a promotion requires time. Avoid changing a career if you do not see the results of a promotion currently.
  • Bored at work: Think deeply about this point. If you work a job that is repetitive, it is normal to feel bored. You can spice it up by changing the appearance of your desk, socializing with new employees in a different department, joining a leadership committee at work or coming to work with enthusiasm. Sometimes, all it takes is you to change jobs into a fun situation.

A career change can take time, networking, education and the job search process can be a journey. Here is a list of things to consider before making a final decision:

  • How long have you worked in your career?
  • What is the problem at work? Do you work well with the team?
  • Do you receive recognition?
  • Can you consider working in a new department?

The reason it is important to think about the work situation is some people decide to change career for factors that are insignificant. Factors that can potentially change if the person works in a different department or new organization. Here is a list of unimportant factors to think about before you decide to make the transition:

Now that you had a chance to review your work situation and none of these recommendations can help, it is time to take the next step.

How to make the change for a successful career (Step-by-step)

The ultimate key to success is to go through a career transition step by step to avoid making the wrong decision.

1. Write a career plan

A career plan has a dead line for action steps that includes taking new courses, learning a new language, networking or improving issues at work.[2] A career plan should be kept in your wallet because it will motivate you to keep pursuing the role.

You can learn how to set your career plan here.

2. Weigh your options

If you have a degree in Accounting, write down five positions in this industry of interest. The good news is diplomas and degrees can be used to a variety of roles to choose.

You don’t have to stick to what society holds a top job, in the end, choosing the right role that will make you happy is priceless.

3. Be real about the pros and cons

It is time to be honest about strengths, weaknesses, opportunities and threats that are impacting the current situation.

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A SWOT Analysis of a career can include:

  • Economic factors
  • Direct competition: Is this role in high demand?
  • Location: Do you need to move? If the goal is to work in tech and living in Cincinnati is not realistic, consider moving to San Francisco.
  • Achievements: To stand out from the competition achievements like awards, committee involvement, freelance work or volunteering is a recipe for success.
  • Education: Do you need to go back to school? Education can be expensive. However, online courses, webinars or self-study is an option.

A career blueprint is the first step to creating realistic goals. A person without goals will be disappointed without a clear direction of what to do next.

4. Find a mentor

A mentor that works in the desired position can share the pros and cons of working in the role. Here is a list of questions to ask a mentor:

  • What is required to be successful in the role?
  • What certification or educational development is needed?
  • What are the challenges of the role?
  • Is there potential for career advancement?

A chat at a coffee shop with a mentor can change your mind about the desire for a career change.

Find out how to pick a good mentor for yourself in this article: A Good Mentor Is Hard to Find: What to Look for in a Mentor

5. Research salary

Some people decide to change careers for a role that pays less or perks like benefits to make up for the difference in previous to potential salary.

It can reveal the cities throughout the country that offer a higher salary for those that have an interest in relocating for work.

6. Be realistic

If your goal is to move up into an executive position, it is time to be honest about where you are in your career.

For example, if boardroom meetings, high-level discussions about financials or attending weekly networking events are boring, an executive role may not be right for you. If you are an introvert and working with people every day is nerve wrecking, you need to reconsider a job in sales.

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Ask yourself if you can work in this role for the next five years of your life. If other benefits that come with the role are enticing, other roles are fit that will make you happy.

7. Volunteer first

A person that wants to become a manager should take on volunteer opportunities to experience the reality of the position.

Becoming a committee member to pursue a presidential opportunity can provide a perspective on leadership, maintaining a budget and public speaking.

Volunteer in a role until you are certain that it is the right opportunity.

8. Prepare your career tools

I recommend asking a boss, colleague or mentor for career tools. If you prefer professional assistance, you can seek out resume writing assistance. Here is a list of things to consider when preparing career tools:

  • Online search: Search your name online to see what shows up. I recommend searching images that are on Facebook, Twitter, Snapchat or other sites on a personal account. The last thing you want to realize is the job search is unsuccessful because there is unprofessional content you posted online.
  • Be LinkedIn ready: Recruiters conduct a LinkedIn search to see if the work experience is the same on a resume. Remember to change the wording on LinkedIn from the resume, or it will appear there was no effort put into creating the profile.
  • Portfolio: A portfolio of work is recommended for people that work in the arts, writing, graphic design and other fields. I recommend a portfolio online and one that is available in hand when attending job interviews or networking meetups.

Final thoughts

It takes time to move towards a new career. Pay attention to the physical and mental signs to maintain your health. You deserve to work in happiness and come home stress-free. If you avoid the common mistakes people make, you will discover the role that is the best fit with your skillsets.

Master these action steps and changing careers will be on your terms to make the best decision for your future.

Featured photo credit: Pexels via pexels.com

Reference

[1]Mental Health America: The State of Mental Health in America
[2]MIT Global Education & Career Development: Make a Career Plan

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