The past few years have shown waves of employees leaving corporate behind to begin their own venture of entrepreneurship. Some of the entrepreneurs with whom I have become good friends are now re-entering the workforce for a variety of reasons. Conversations are now taking place pondering the question of, “When is it a good time to quit one path to follow the other?”
There are so many advantages and disadvantages to both courses of employment and entrepreneurship that choosing the right one becomes a very difficult decision to make. This decision is one of the trickiest because whichever choice we make will affect our personal life as well. When the decision is finally made, and the new path pursued, our lifestyle is affected too. How does one go about making this monumental decision?
Should you have a need for immediate income, and are struggling within your business, then employment wins without question.
If you are considering going into business for yourself, here are some questions to ponder. They indicate the typical traits of successful entrepreneurs:
- Do you multi-task?
- Will you make a commitment to continual education?
- Do you have a team of people on whom you may rely for help and support?
- Are you a calculated risk taker?
- Do you have a burning desire to accomplish something that is not possible in the employment arena?
- Are you a motivated person dedicated to making your desires a reality?
If you are an entrepreneur considering becoming an employee:
- Are you experiencing many sleepless nights?
- Are the working days too long because you do most of the work yourself?
- Will life be less complicated with a steady paycheck?
- Will you enjoy more freedom by working?
- Are you satisfied with the accomplishments you already made in your business?
- Are you at a place in your business where you will have no regret by moving back to employment?
In the past, I have counseled people not to quit, when they are under pressure from management in the corporate world, unless it’s on their own terms. Any time you choose to stop doing something, it should be a decision you make that is in your best interest. You may accomplish this examining your priorities, needs and deep down desires.
Examining our emotions, history and desires is the exact same way sales are made to prospective clients. We conduct a question and answer session regarding their priorities, needs, wants and deep down desires. In essence, we need to sell ourselves on the idea whenever a major change is about to take place.
While you contemplate making the change, mentally walk yourself through the new daily routine. Will you be at ease with the new circumstances or at least willing to adapt? Are there advantages to be had from going through with the process? Will transferring from one to the other path address the majority of your needs, wants and deep down desires? Can you sell the idea of the change to yourself?
Only you will know what is right for you. Once your decision is made, do not second guess yourself but know that what you chose is the right choice at the right time. Whichever path you take whether to further build business or to interview, do so whole-heartedly. Knowing what spoke true to you to make the switch is the essence of your personal brand. Connecting the dots will have you enjoying the Smooth Sale!
Elinor Stutz, CEO of Smooth Sale, LLC, (800) 704-1499, authored the International Best-Selling book, “Nice Girls DO Get the Sale: Relationship Building That Gets Results”, Sourcebooks and the best selling career book, “HIRED! How to Use Sales Techniques to Sell Yourself On Interviews”, Career Press. She team sales training, private coaching and highly acclaimed inspirational keynotes for conferences. Upon request Elinor is available for consultation.