Why would someone give up their 9-to-5 job and start a business day and night?
Why would someone give up their 9-to-5 job and start a business day and night?
Some people say that starting a business is risky. In fact, it is not. The risk of part-time work is the greatest, because at any time at work, you may face a workplace crisis and be dismissed. People's work is nothing more than the pursuit of three kinds of freedom: freedom of wealth, freedom of time, and freedom of mind.
Wealth freedom is very difficult for most people to achieve. Unless you have a high threshold at the beginning, most people want to achieve it by starting a business; time freedom, most executives can solve their wealth freedom, but they can’t solve their own time freedom. ; Freedom of mind, once entrepreneurship is on the right track, freedom of wealth and freedom of time can be resolved. The third question that can be solved is what is the meaning of my life. We also don’t want to wait for our old days, the memories of the past are blank and there is nothing worth remembering. Entrepreneurship solves the freedom of thought, solves the problems I'm talking about. Enrichment and challenge are the most precious things in my bones.
"I have a great idea about starting a business, but I want to work full-time now. How do I start a business? Should I quit my job to focus on this idea? What should be my first step?" This is what most people do before starting a business problems encountered. So when a person who gave up his job starts a business, what should he do and not stop at the first step?
- When you resign, you should still do your job well
Many people think they are leaving so they can do less of their current jobs, which will also give them more time to start a business. This is wrong. At this point, you need to do more to ensure you and your employer are on a united front. After all, it is not rare for startups to fail. To prevent startup failure, you can get great recognition when you leave the company, and even the opportunity to keep working after the failure. There may also be good rewards, such as bonuses.
Why would someone give up their 9-to-5 job and start a business day and night?
- Make a plan to get through the transition period
Before you leave, you need to start your own business. But at this point, you need to be doing both your current job and your entrepreneurial project, so you need to spend more time on the weekends. Living in this mode for 3-6 months is recommended to ensure a smooth transition. You'll also need to put a lot of effort into your career so that you'll be well-prepared for starting a business after you leave.
- Change your identity and learn to be an entrepreneur
If this is your first startup, you will need to take some time to understand your startup environment and how it works. You can read books, attend dinners and conferences, watch entrepreneurship school videos, and even connect with entrepreneurs you want to study with.
- Comparing one's heart to one's heart, pushing oneself to others
Put yourself in the investor's shoes. Why your risk is worth investing in. It can also help you decide whether to spend time on this investment project and it will help you raise funds for your company efficiently.
- Consider carefully before making a decision
A typical VC firm checks 100 to 400 startups before investing in a company. So, before you implement a business idea, think about dozens of ideas. Don't rush into the first thought that excites you. Think carefully and compare other possible solutions.
- Validate your own ideas
There are thousands of ideas that sound great and pass all thought experiments and theory tests. So these entrepreneurs started raising capital, but their companies went out of business a few years later. So you need to spend a few months to validate your idea, to consult some successful entrepreneurs, to tell them your own entrepreneurial ideas, to give a little advice and guidance.
Why would someone give up their 9-to-5 job and start a business day and night?
- Sufficient start-up capital
When you leave to start a business, you won't have any salary. And you also have to pay various expenses, such as living expenses, business-related expenses. There may not be any profit in the early stage, and there must be enough start-up capital to support you through this period.
- Make reasonable arrangements and make sacrifices
A lot of people have the question: "I want to do these things in my free time and do my current job full-time. How much time does my current job take? How much do I need to do? Do I still have time to sleep?" Entrepreneurship isn't just about Work is more about life. You need 70 hours a week for anything, maybe more than 70 hours. When you start working full-time, your workload increases. So you have to make sacrifices and allocate time to eat, sleep, and exercise.
Smart people always know how to use their leisure time to help them find a sustainable income, or on the other hand develop their strengths so that they can achieve lasting wealth and success. In every commercial era, a large number of rich people will be forged, and the forging of each rich person is what he is doing silently when others don't understand; when others don't understand, he understands what he is doing ! So others understand, he succeeds, others understand, he has money!