How Your 9-to-5 Job Can Prepare You For Entrepreneurship

By Vishal Kataria

How Your 9-to-5 Job Can Prepare You For Entrepreneurship

You already sense it: you‘ve got the fire within.

You can’t work for others forever. You’re okay with it for now… but not for long! The entrepreneurial life beckons.

You picture working for yourself, enjoying flexible hours, doing meaningful work and saying goodbye to the Monday morning blues forever.

You were just made for this. You can feel it in your bones.

There’s only one tiny problem. You don’t know where to start. Not to mention the nagging fear that you may fail in your entrepreneurial endeavours.

The good news is there are certain skills and traits that you can develop to become a successful entrepreneur. And you know where you can acquire them? In the most unlikely of sources – your current 9-to-5 job.

That’s right, your boring everyday job presents a terrific platform for you to learn the ropes of the game.

Here are five ways to learn the art of entrepreneurship while you’re working for someone else.

1. Do your research

Over 42% of businesses fail because there’s no market need for whatever they’re selling, offering or spruiking. Use your 9-to-5 job to identify your niche (presumably you’re already working in it), and check out how it’s performing in the consumer market. This will ensure your business doesn’t end up in the 42%.

Image Source: Fortune

Request access to marketing reports at work, and study them closely. Engage with return customers and channel partners to see what motivates, inspires and challenges them. Eventually, you’ll identify a target market and know its pain points.

Most of all, be patient and take advantage of your current stability as there will undoubtedly be financially tough times ahead.

Laying the groundwork for entrepreneurship while getting paid for it – now doesn’t that sound amazing?

2. Build your skills

Entrepreneurship is not just about using your core technical competence. It also involves marketing, finance, hiring, firing, operations and more. Your 9-to-5 job can teach you all this at the expense of your employer.

Sharpen your core competencies by asking to participate in training courses or indicating a desire to grow your skills. Observe your bosses to learn about the various facets of running a business, and seek out a mentor if you don’t already have one.

Sharpen your communication skills, too. Effective communication is an across-the-board trait of successful entrepreneurs. They use it to convince stakeholders, employees, investors, customers and the media to follow their vision.

3. Network like crazy

Networking is tough for most people. Many would rather walk on burning coals than make small talk. But it’s essential to success in business and you’ll find that even leading influencers (Jeff Bullas included) continue to network with others.

Being part of an organization offers tremendous opportunities to connect with others. Leverage this to engage with industry leaders. Build rapport with experts, and more importantly, learn to engage without being self-promotional and sales-y.

Hone the art of creating value. If done well, networking will pay off handsomely when you need constructive feedback when airing your offering. It also will Go to the full article.

Source:: Jeff Bullas Blog

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