When starting a business, it is important to know that entrepreneurship is a growth process that you ease into, rather than rush in. There are a lot of processes that are often skipped with the hope that things will turn out well. Sometimes they don’t!
Because of this, we can’t skip crucial processes and expect success to fall on us like ripe cherries. Success in business naturally comes to people who have paid their dues in full. If you’re experiencing serious issues with your startup and you’re considering quitting altogether and getting a job, I think you should too. Yes! You read that right, QUIT!
We have a lot of half-baked, unskilled and rebellious entrepreneurs all over Africa today who are frustrated with their full-time jobs. They escape into entrepreneurship hoping to find some solace for their undisciplined minds. Truth is, if you can’t handle a job successfully, then a business would be harder.
A lot of entrepreneurs need to swallow their pride, dust their CVs and go get themselves some more training. A lot of the issues we face as startup business owners can be prevented if we are humble enough to stay somewhere and learn.
1. It Will Help You Find Your True Motivation
Why are you starting a business? Think about this for a moment before you read on and be sincere with yourself. Are you starting a business because you don’t have a job or because you can’t stand working for someone else? Is it that you want your own work schedule and no instructions?
These are wrong motivations for entrepreneurship. So, before starting your business, take the time to objectively define your true motivation. Is there a passion you have that you cannot fulfill your current job?
2. You will Master Your Skill and Hone Your Craft
When you’re just starting out in business, you don’t always know everything you need to know about your target market, products and industry. Running a business is not the time for trial and error else you would have ruined your reputation while still trying to gain grounds.
But if you take on a job, you will have superiors that can correct you when you make mistakes and they can help you get better. Just make sure you get a job in an industry that can enhance your knowledge and exposure in your field. You will never be able to quantify or pay for the volume of experience you will get from there.
3. You Will Build Confidence
Have you ever met the CEO of an organization jittering in the face of a problem or challenge? Entrepreneurs are bold people and their confidence has a way of winning others over to their side and inspiring trust in their employees and clients. This confidence arises from the experience and knowledge they have acquired over the years.
That boldness doesn’t just drop on anyone, it is built over time of making mistakes, being corrected and taking to corrections. You need that confidence to run a business successfully and you can get that from your job.
5. You Save For Your Startup
Savings is one of the biggest sources of funding your startup. With a job, you can save enough initial funds and deposits to get your business started. If you’re smart and disciplined enough, you can join a co-operative society so your savings accumulate and give you access to more funds.
6. Build your Network
A lot of entrepreneurs run a one-man show without external influences and inputs coming from anywhere. While doing your day job, you can start building solid relationships with your superiors and associates. Their inputs will come in handy when you eventually start your own business.
7. Learn about your industry
Having a skill is not enough reason to start a business which is what most entrepreneurs do nowadays. Once they acquire a skill, they open a business immediately. There are also other key areas you need to put into consideration before launching your business.
Those areas include your target market, industry trends and competition. Then a good knowledge of your products and services and other opportunities that might be open in your field. Take your time. You can get it right once and for all
8. Learn how to build a business or how not to.
Running a business is an art that must be learned if you are ever going to make it. You need to learn from people that have gone ahead of you and organizations that have achieved what you’re hoping to achieve someday.
You will also be able to learn the inside operations, behind the scene activities, financial and people management that goes into running a business. While learning, if you discover any great idea you love, imitate it.
But if you come across an uncomfortable experience that opposes how you think things should be done for instance the way the management deals with staff, then at least you would have learnt how not to handle things when you start your own business.
9. You’ll Learn Discipline.
Many entrepreneurs are undisciplined in the way they handle their businesses. They see entrepreneurship as an opportunity for less work and to work anytime they like. I wish that is true but it’s not.
Entrepreneurship means more work and more discipline than a regular worker. Your 9-5 job is where you get the basics of personal and organizational discipline.
10. Law of Karma
Lastly, while doing your job make sure you are faithful. Do it wholeheartedly and give in your all. Don’t reserve your best until when you start your own business. Use your best ideas. Use your creativity. You’re sowing a seed you will reap very soon when you start your own business.
Take to corrections and watch out for subtle things that can cause your downfall. A lot of businesses are failing today because of the wrong seeds their owners have sown while working with other people. Remember the law of Karma and always ask yourself, would I want someone to do this to my business?
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