The Transition From Employee To Entrepreneur

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January 28, 2011 by Angela Shupe | 2 Comments

So you’ve decided to leave the work force and go out on your own. This is a transition that can be difficult, especially if we’ve never tried to take the self-employed route before now. However, that does not mean it is impossible.

FeedFront recently took a look at some of the difficulties that comes with making this transition, and what can help you make it a smooth one.

Don’t Burn Bridges
Being unhappy with your job can be a great catalyst for change; and more than one entrepreneur has started their business for this very reason. But it’s always best to give your soon-to-be former employer the respect they deserve, and depart on the best possible terms.

Set Goals/Create A Plan
As an employee, superiors evaluate your performance. As an entrepreneur no one holds you accountable other than yourself. It is always best to begin with a business plan, one that offers a mission statement and documents your short term and long-term goals.

Address Your Weaknesses Quickly
Being a small business owner is more like golfing. You can only rely on yourself. If you don’t address your weaknesses, nobody will.