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6 Reasons to Take a Risk and Give Entrepreneurship a Shot

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.

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Financial Independence

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    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.

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    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

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      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.

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      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

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        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.

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        Djordje Todorovic

        Blogger, Gamer Extraordinaire

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        Last Updated on October 13, 2020

        How to Get Promoted When You Feel Stuck in Your Current Position

        How to Get Promoted When You Feel Stuck in Your Current Position

        Have you been stuck in the same position for too long and don’t really know how to get promoted and advance your career?

        Feeling stuck could be caused by a variety of things:

        • Taking a job for the money
        • Staying with an employer that no longer aligns with your values
        • Realizing that you landed yourself in the wrong career
        • Not feeling valued or feeling underutilized
        • Taking a position without a full understanding of the role

        There are many other reasons why you may be feeling this way, but let’s focus instead on learning what to do now in order to get unstuck and get promoted

        One of the best ways to get promoted is by showing how you add value to your organization. Did you make money, save money, improve a process, or do some other amazing thing? How else might you demonstrate added value?

        Let’s dive right in to how to get promoted when you feel stuck in your current position.

        1. Be a Mentor

        When I supervised students, I used to warm them — tongue in cheek, of course — about getting really good at their job.

        “Be careful not to get too good at this, or you’ll never get to do anything else.”

        This was my way of pestering them to take on additional challenges or think outside the box, but there is definitely some truth in doing something so well that your manager doesn’t trust anyone else to do it.

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        This can get you stuck.

        Jo Miller of Be Leaderly shares this insight on when your boss thinks you’re too valuable in your current job:

        “Think back to a time when you really enjoyed your current role…You became known for doing your job so well that you built up some strong ‘personal brand’ equity, and people know you as the go-to-person for this particular job. That’s what we call ‘a good problem to have’: you did a really good job of building a positive perception about your suitability for the role, but you may have done ‘too’ good of a job!”[1]

        With this in mind, how do you prove to your employer that you can add value by being promoted?

        From Miller’s insight, she talks about building your personal brand and becoming known for doing a particular job well. So how can you link that work with a position or project that will earn you a promotion?

        Consider leveraging your strengths and skills.

        Let’s say that the project you do so well is hiring and training new entry-level employees. You have to post the job listing, read and review resumes, schedule interviews, make hiring decisions, and create the training schedules. These tasks require skills such as employee relations, onboarding, human resources software, performance management, teamwork, collaboration, customer service, and project management. That’s a serious amount of skills!

        Are there any team members who can perform these skills? Try delegating and training some of your staff or colleagues to learn your job. There are a number of reasons why this is a good idea:

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        1. Cross-training helps in any situation in the event that there’s an extended illness and the main performer of a certain task is out for a while.
        2. As a mentor to a supervisee or colleague, you empower them to increase their job skills.
        3. You are already beginning to demonstrate that added value to your employer by encouraging your team or peers to learn your job and creating team players.

        Now that you’ve trained others to do that work for which you have been so valued, you can see about re-requesting that promotion. Explain how you have saved the company money, encouraged employees to increase their skills, or reinvented that project of yours.

        2. Work on Your Mindset

        Another reason you may feel stuck in a position is explained through this quote:

        “If you feel stuck at a job you used to love, it’s normally you—not the job—who needs to change. The position you got hired for is probably the exact same one you have now. But if you start to dread the work routine, you’re going to focus on the negatives.”[2]

        In this situation, you should pursue a conversation with your supervisor and share your thoughts and feelings to help you learn how to get promoted. You can probably get some advice on how to rediscover the aspects of that job you enjoyed, and negotiate either some additional duties or a chance to move up.

        Don’t express frustration. Express a desire for more.

        Present your case and show your boss or supervisor that you want to be challenged, and you want to move up. You want more responsibility in order to continue moving the company forward. Focus on how you can do that with the skills you have and the positive mindset you’ve cultivated.

        3. Improve Your Soft Skills

        When was the last time you put focus and effort into upping your game with those soft skills? I’m talking about those seemingly intangible things that make you the experienced professional in your specific job skills[3].

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        Use soft skills when learning how to get promoted.

          According to research, improving soft skills can boost productivity and retention 12 percent and deliver a 250 percent return on investment based on higher productivity and retention[4]. Those are only some of the benefits for both you and your employer when you want to learn how to get promoted.

          You can hone these skills and increase your chances of promotion into a leadership role by taking courses or seminars.

          Furthermore, you don’t necessarily need to request funding from your supervisor. There are dozens of online courses being presented by entrepreneurs and authors about these very subjects. Udemy and Creative Live both feature online courses at very reasonable prices. And some come with completion certificates for your portfolio!

          Another way to improve your soft skills is by connecting with an employee at your organization who has a position similar to the one you want.

          Express your desire to move up in the organization, and ask to shadow that person or see if you can sit in on some of their meetings. Offer to take that individual out for coffee and ask what their secret is! Take copious notes, and then immerse yourself in the learning.

          The key here is not to copy your new mentor. Rather, you want to observe, learn, and then adapt according to your strengths.

          4. Develop Your Strategy

          Do you even know specifically why you want to learn how to get promoted? Do you see a future at this company? Do you have a one-year, five-year, or ten-year plan for your career path? How often do you consider your “why” and insure that it aligns with your “what”?

          Sit down and make an old-fashioned pro and con list.

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          Write down every positive aspect of your current job and then every negative one. Which list is longer? Are there any themes present?

          Look at your lists and choose the most exciting pros and the most frustrating cons. Do those two pros make the cons worth it? If you can’t answer that question with a “yes,” then getting promoted at your current organization may not be what you really want[5].

          The two most important days in your life are the day you are born and the day you find out why. —Mark Twain

          Here are some questions to ask yourself:

          • Why do you do what you do?
          • What thrills you about your current job role or career?
          • What does a great day look like?
          • What does success look and feel like beyond the paycheck?
          • How do you want to feel about your impact on the world when you retire?

          Define success to get promoted

            These questions would be great to reflect on in a journal or with your supervisor in your next one-on-one meeting. Or, bring it up with one of your work friends over coffee.

            Final Thoughts

            After considering all of these points and doing your best to learn how to get promoted, what you might find is that being stuck is your choice. Then, you can set yourself on the path of moving up where you are, or moving on to something different.

            Because sometimes the real promotion is finding your life’s purpose.

            More Tips on How to Get Promoted

            Featured photo credit: Razvan Chisu via unsplash.com

            Reference

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