Monday, September 16, 2019
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10 Things To Know Before Leaving Your Job To Start Your Business

Nowadays where job opportunities are scare, the only safe way to your financial future and a good employment status is to start a company and run it.


The so-called society we are in no longer works on the precepts that when you go to school and study hard, you’ll get successful as a result of getting a job afterwards. You have to create a job to have a job.


When you work for someone else you are being unidirectional , you don’t have the liberty most entrepreneurs have, you don’t make money for yourself instead you make money for someone else and your job security is not as guaranteed as when you have a business to yourself.


Hi everyone, my name is Timileyin and i’m going to be giving you ways to leave your job and start working for yourself.


If you are ready to take that step, follow me closely. I’ll be giving you really short tips for you to easily digest.

The first thing to do is to –

CHECK YOUR EGO


You may be wondering why i said that first, now most people don’t want entrepreneurship because many at times it’s about being dogged and sometimes you may have to bring yourself low to attend to some customers.


Therefore, if you want to leave your job to work for yourself, you need to review yourself to ensure that your ego is checked.


The second thing to do is to –

KEEP YOUR OBJECTIVES OR MOTIVES AS SIMPLE AS POSSIBLE


Your users or customers are human beings and they have to understand your products before they can patronise you which means that you shouldn’t have a product that is difficult to understand or use.


Most businesses and well renowned companies majorly have one objective. That’s the idea of keeping your product as simple as possible.


The third thing to do is to –

ALWAYS BE PREPARED, NEVER BE CAUGHT UNAWARES


When thinking of going into business, always make sure you are prepared in every sense.


When making decisions in your company, make sure you have about 3 alternatives because things may go out of course , you don’t have to be caught stranded just find different scenarios where you could be challenged along the way and take preventive steps to correct such.


The fourth thing to do is to –

IMPROVE ON EXISTING WORK AND NOT REINVENTING THE WHEEL


Every named idea has one way or the other been expressed in a product so you can’t claim to want bring up something entirely new.


The only thing you can you is just to improve on the existing work of someone else and that’s what innovation is – doing something old in a new way.


The fifth thing to do is to –

MAKE SURE YOUR BUSINESS IS NOT SHALLOW


This tip is about ensuring that your business can generate profit with whatever is available and can also attain success which means that you do not have to be rigid about your decisions but be flexible with them.


The sixth thing to do is to –

BE CAUTIOUS OF YOUR EXPENSES


Starting a business comes with a lot of sacrifices.


You need to selectively identify expenses that are needed and the ones that are not necessary.

In scenarios where most of your expenses are important and you dont have the adequate fundings for them you then need to draw up a scale of preference to know which expemses tk make.


The seventh thing to do is to –

PARTNER WITH AN ASSET


To attain that business height, you need the joint effort of yourself and some other people, these othet people are referred to as your partners.

When choosing a partner, ensure the person will be an asset to your company and not a liability so as not to slow down the progress of your business.


The eighth thing to do is to –

WRITE YOUR BUSINESS PLAN


This area is where most people neglect because they feel they have everything they need in their head and its not important to pen down their business plan.


Well, for a serious minded business person, it’s a must for you to have a business plans as this will tell a lot about your business to your partners, investors and so on.


The ninth thing to do is to –

GO GLOBAL


What i mean by this is to constantly keep marketing yourself and your business through diverse marketing approaches, you can get a marketing agency if you are not proficient in marketing.


The tenth thing to do is to –

GO FOR IT


A research carried out among people within the age bracket of 60 to 80 years revealed that most people will actually regret what they didnt do than what they did because it’s better to fail trying than not trying at all.


Thank you all for reading through to this point. Before leaving your job to starting your own job, ensure you have passed all those steps.


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