Are you thinking about leaving your job to start your own side income business?
4 Things To Learn From Your Current Employer Before Leaving and Starting Our Own Business.
Did you know that many businesses are started by owners that at one time worked for someone else in a related field to their new business? This is how many business ideas are created.
Think of it like this.
You’re working for your employer, and you’re thinking to yourself that you can do what your employer is doing better. You feel you can treat customers better and you’re feeling good about the possibility of starting your own business.
This is how so many side income businesses start.
[Before you jump out on your own, you can follow a step-by-step system we’ve created that will help you take your idea, passion, and idea and make it a reality. We call this the Job to Business Rescue System. It’s your step-by-step training to launch your next business idea.]
Here’s a 4-step system to starting your next business if it’s related to what you’re currently doing for an employer now.
- Learn everything you can about the firm you’re working for now. There are two key areas to pay attention. One is how the sales process is executed. Are there ways you feel it can improve? How would you do things differently? Whether you’re in sales or not, it’s going to be important to develop, model, or create a sales system that works. If your employer’s system works, don’t recreate the system. You can just model it.
2. Your leadership ability is important. While you’re working for someone else, with the desire eventually to go out on your own, you can start developing your leadership ability. You will practice the art of delegation. You can practice on co-workers and see how they react to your guidance. If they don’t respond well, you can start tweaking and adjusting your leadership style until you find the sweet spot that works for you.
3. Intrapreneurship. There’s a term that is starting to sprout up all over the place. It’s called intrapreneurship. Intrapreneurship is a term meaning being someone that has entrepreneurship qualities within someone else’s organization. These are people who might help improve products, services, and system within someone else’s business. An Intrapreneur is someone that might even develop their own product within someone else’s business. By taking the leadership role and practicing your creative ability, it helps you to develop the skills you will need later to innovate in your own business.
4. Start saving. You will need money to start your business. I cannot tell you how important this is. I’ve started all my business on bootstrap budgets and debt. I wish I had more money saved before venturing out on my own. Try to do your best to save up money, so you lessen the financial stress that may come about with being your boss.
I want to include that I would never suggest you copy or steal from your employer, so I don’t want you ever to think that. That would be unethical, but there’s nothing wrong with modeling and making your systems process and services similar. Find ways to improve and make things better and enjoy the process of making it on your own.