Advertising

6 Reasons to Take a Risk and Give Entrepreneurship a Shot

Advertising
6 Reasons to Take a Risk and Give Entrepreneurship a Shot

We’re in the age of startups right now – they are popping up at every corner. More and more people each day are finding a way to be daring enough to build their own company by starting from scratch. If you feel torn at the thought of taking on such a large responsibility, you should at least do your research and feed that adventuresome part of yourself.

Although this is one risky step and it requires you to invest every inch of yourself while giving more than one hundred percent, it all becomes worth it after you start to climb the ladder to success through developing your own business.

Get Yourself Out There

It’s quite common for someone not to like their current job – only a small number of people are satisfied with their careers and they are probably born under a lucky star. People who like their jobs wake up happy in the morning – even on Mondays, believe it or not.

Finding enough courage to get yourself out there is a journey and you can never be ready enough or prepared enough, so waiting for the right moment can take a decade. You most likely don’t have that kind of time, so you should take that leap of faith and tell your story to the world by starting a business that reflects your ideas and passions.

Advertising

Financial Independence

img1

    This one is a long shot, because some time will be necessary until you reach a stress-free period and you become financially independent, but this is one great benefit that comes from having your own company. You’ll be the one calling all the shots and giving out paychecks – including yours.

    However, you need to consider one very important fact – handling money isn’t as simple as it sounds. People go through years of education in order to learn to manage it and many startups fall apart because they don’t have the right leadership that understands how to distribute funds.

    Therefore, achieving financial independence is something that will come in time and that needs to be done by following the guidance of experts, but once you get there, you’ll understand what being your own boss is all about.

    Advertising

    Skill Development

    One of the most problematic things which cause people to be deeply unsatisfied with their current work positions are dead-end careers. When you know there’s no room for you to develop your skills and talents properly and you have been stagnating for a while, there’s really no reason for you to express enthusiasm or work on increasing your productivity.

    If that is your current situation, you should definitely give entrepreneurship a shot. You were not born only to live month-to-month, so you can just pay your bills and get severely depressed in time – life is so much more than that. However, it has to be you to discover this, no one else will do it for you.

    Stability and Personal Development

    img2

      While on the subject of depression and general unhappiness with what life has to offer, being a business leader implies meeting new people and getting to know the world and the way it functions. Widening your horizons in such a manner is soul food, and through this you’ll be able to get to know yourself better.

      Advertising

      Having a business of your own will enable you to feel freedom like no other. Although making moves that put the future of your company at stake on daily basis can be quite scary, that it is exactly what makes it thrilling.

      Gathering New Knowledge

      If you’re a natural problem solver and you feel a sort of satisfaction when you come up with a solution, becoming an entrepreneur might be written in your stars. This profession will require you to study growth-hacking methods, learn about outsourcing and its benefits, and become a leader who treats his or her team with empathetic care as you become a respected member of society.

      A precondition for this is to have an inexhaustible desire to learn and have a wide skill set. Persistence, consistency and strength are also key characteristics of a true leader.

      Build Your Legacy

      Advertising

      img3

        You should treat the process of building a company like an artist treats his life’s masterpiece – the final results should be breathtaking. Becoming a successful entrepreneur is one way to leave your mark and leave something behind, so that future generations can continue where you left off. If you share this vision of entrepreneurship and you see it not only as your personal progress, but your tendency is to spread it on a larger scale, you might be up for the job.

        It’s also a lot more than having a team you can boss around. If this is your goal you should know that your entrepreneurship won’t last for long. Your attitude needs to be philanthropic first, and all personal gain comes as a deserved reward later.

        More by this author

        Djordje Todorovic

        Blogger, Gamer Extraordinaire

        5 Tips on How to be a More Responsible Person 10 Highly-Desired Skills You Can Acquire By Self-Learning 20 Things Smart People Don’t Do (And What They Do Instead) 7 Essential Tools Every Serious Startup Needs 7 Common Struggles of Minimalist Beginners and How to Overcome Them

        Trending in Entrepreneur

        1 How to Start a Side Hustle While Keeping Your Full-Time Job 2 How To Boost Employee Motivation During Difficult Times 3 7 Effective Ways To Motivate Employees in 2021 4 How To Stay Motivated As You Build Your Business 5 23 Tips for New Entrepreneurs to Get Your Business Underway

        Read Next

        Advertising
        Advertising

        Last Updated on August 25, 2021

        Why Personal Branding Is Important to Your Career

        Advertising
        Why Personal Branding Is Important to Your Career

        As a recruiter, I have met and interviewed hundreds of candidates who have no idea who they are.

        Without a personal brand, candidates struggle to answer the question: “tell me about yourself—who are you?” They have no idea about who they are, what their strengths are, and how they can add value to the company. They present their CV’s believing that their CV is the key to their career success. In some ways, your CV still has its use. However, in today’s job market, you need more than a CV to stand out in a crowd.

        According to Celinne Da Costa:[1]

        “Personal brand is essentially your golden ticket to networking with the right people, getting hired for a dream job, or building an influential business.” She believes that “a strong personal brand allows you to stand out in an oversaturated marketplace by exposing desired audiences to your vision, skillset, and personality in a way that is strategically aligned with your career goals.”

        A personal brand opens up your world to so many more career opportunities that you would never have been exposed to with just your CV.

        What Is Your Personal Brand?

        “Personal branding is how you distinctively market your uniqueness.” —Bernard Kelvin Clive

        Today, the job market is very competitive and tough. Having a great CV will only let you go so far because everyone has a CV, but no one else has your distinct personal brand! It is your personal brand that differentiates you from everyone else and that is what people buy—you.

        Your personal brand is your mark on the world. It is how people you interact with and the world see you. It is your legacy—it is more important than a business brand because your personal brand lasts forever.

        Advertising

        I have coached people who have very successful careers, and they come to me because they have suddenly found that they are not getting the opportunities or having the conversations that would them to their next role. They are having what I call a “career meltdown,” all because they have no personal brand.

        A personal brand helps you become conscious of your differences and your uniqueness. It allows you to position yourself in a way that makes you stand out from the pack, especially among other potential job applicants.

        Don’t get me wrong, having a great CV and a great LinkedIn profile is important. However, there are a few steps that you have to take to have a CV and LinkedIn profile that is aligned to who you are, the value you offer to the market, and the personal guarantee that you deliver results.

        Building your personal brand is about strategically, creatively, and professionally presenting what makes you, you. Knowing who you are and the value you bring to the table enables you to be more informed, agile, and adaptable to the changing dynamic world of work. This is how you can avoid having a series of career meltdowns.

        Your Personal Brand Is Essential for Your Career Success

        In her article, Why Personal Branding Is More Important Than Ever, Caroline Castrillon outlines key reasons why a personal brand is essential for career success.

        According to Castrillon,[2]

        “One reason is that it is more popular for recruiters to use social media during the interview process. According to a 2018 CareerBuilder survey, 70% of employers use social media to screen candidates during the hiring process, and 43% of employers use social media to check on current employees.”

        The first thing I do as a recruiter when I want to check out a candidate or coaching client is to look them up on LinkedIn or other social media platforms, such as Facebook, Instagram, and Twitter. Your digital footprint is the window that highlights to the world who you are. When you have no control over how you want to be seen, you are making a big mistake because you are leaving it up to someone else to make a judgment for you as to who you are.

        Advertising

        As Jeff Bezos, the founder of Amazon, once said, “Your brand is what people say about you when you are not in the room.”

        In her book, Becoming, Michelle Obama writes about the importance of having a personal brand and her journey to defining her personal brand. She wrote that:

        “if you don’t get out there and define yourself, you’ll be quickly and inaccurately defined by others.”

        When you have a personal brand, you are in control. You know exactly what people will say about you when you leave the room.

        The magic of a personal brand is that gives you control over how you want to be seen in the world. Your confidence and self-belief enable you to leverage opportunities and make informed decisions about your career and your future. You no longer experience the frustrations of a career meltdown or being at a crossroads not knowing what to do next with your career or your life. With a personal brand, you have focus, clarity, and a strategy to move forward toward future success.

        Creating your personal brand does not happen overnight. It takes a lot of work and self-reflection. You will be expected to step outside of your comfort zone not once, but many times.

        The good news is that the more time you spend outside of your comfort zone, the more you will like being there. Being outside of your comfort zone is where you can test the viability of and fine-tune your personal brand.

        5 Key Steps to Creating Your Personal Brand

        These five steps will help you create a personal brand that will deliver you the results you desire with your career and in life.

        Advertising

        1. Set Your Personal Goals

        What is it that you want to do in the next five years? What will your future self be doing in the next five to ten years? What is important to you? If you can answer these questions, then you are on the right path. If not, then you have to start thinking about them.

        2. Create Your Unique Value Proposition

        Create your unique value proposition by asking yourself these four questions:

        1. What are your personality features? What benefit do you offer people?
        2. Who are you and why do people enjoy working with you?
        3. What do you do and what do people want you to do for them? How do you solve their problems?
        4. What makes you different from others like you?

        The answers to these questions will give you the information you need to create your professional story, which is the key step to creating your personal brand.

        3. Write Your Professional Story

        Knowing who you are, what you want, and the unique value you offer is essential to you creating your professional story. People remember stories. Your personal story incorporates your value proposition and tells people who you are and what makes you unique. This is what people will remember about you.

        4. Determine Which Platforms Will Support Your Personal Brand

        Decide which social media accounts and online platforms will best represent your brand and allow you to share your voice. In a professional capacity, having a LinkedIn profile and a CV that reflects your brand is key to your positioning in relation to role opportunities. People will be connecting with you because they will like the story you are telling.

        5. Become Recognized for Sharing Your Knowledge and Expertise

        A great way for you to promote yourself is by sharing knowledge and helping others. This is where you prove you know your stuff and you gain exposure for doing so. You can do this through social media, writing, commenting, video, joining professional groups, networking, etc. Find your own style and uniqueness and use it to attract clients, the opportunities, or the jobs you desire.

        The importance of having a personal brand is not going to go away. In fact, it is the only way where you can stand out and be unique in a complex changing world of work. If you don’t have a personal brand, someone will do it for you. If you let this happen, you have no control and you may not like the story they create.

        Standing out from others takes time and investment. Most people cannot make the change by themselves, and this is where engaging a personal brand coach is a viable option to consider.

        Advertising

        As a personal brand coach, working with my clients to create their personal brand is my passion. I love the fact that we can work together to create a personal story that defines exactly what people will say when you leave the room.

        Other People’s Stories

        Listening to other people’s stories is a great way to learn. In his article, 7 TED Talks About Personal Branding, Rafael Dos Santos presents the best Ted Talks where speakers share their stories about the “why,” “what,” and “how” of personal branding.((GuidedPR: 7 TED Talks About Personal Branding))

        Take some time out to listen to these speakers sharing their stories and thoughts about personal branding. You will definitely learn so much about how you can start your journey of defining yourself and taking control of your professional and personal life.

        Your personal brand, without a doubt, is your secret weapon to your career success. As Michelle Obama said,

        “your story is what you have, what you will always have. It is something to own.”

        So, go own your story. Go on the journey to create your personal brand that defines who you are, highlights your uniqueness, and the value you offer to the world.

        Featured photo credit: Austin Distel via unsplash.com

        Reference

        Read Next