The great resignation... what does it mean for now-former 9-5ers? A chance to live the new American dream- entrepreneurship! The perfect opportunity to turn your side hustle into full time, turn passion into paid, turn dreams into reality. Before you jump on the bandwagon, here are five things you must consider.
Personal style- entrepreneurship is not for the faint of heart. You must be a risk-taker, strategic thinker, and have a stick-to-it attitude all at the same time. If you are willing to leap and believe the net will follow- you definitely have an entrepreneurial spirit.
Time- while you may think that the 9-5 was drudgery- wait until you are pulling all-nighters working your new business. You must be flexible with your time and ready, willing, and able to put the time in.
Knowledge - Just because you are a great cook, starting your own catering business does not make you the next Gordon Ramsey. Take the time to understand the ins and out of the industry.
Finances- do you have the funds to start the business and keep yourself and your family afloat until the business takes off?
Your business is your new baby. And like an actual baby, it will be all-consuming; time, energy, finances- and yes, sometimes cleaning up the poop.
The Law firm of Giles Shipp, LLC works with startup and emerging growth small and midsize businesses and law firms to create and implement blueprints for success.