Category: New Entrepreneur

The Admin Cove’s 10 Ways To Successfully Leave Your 9-5 Job…

Start doing what is necessary. Then do what’s possible. Then suddenly you’re doing the impossible. ~St. Francis of Assisi

Many are the dreams of entrepreneurs. Those new who are brave enough to start and those who are still dreaming keep the momentum going through 101+ Empowering Quotes For New Entrepreneurs. If you are among those who wish to make the move, the Admin Cove shared 10-ways to safely and Successfully leave your 9-5 Job. Here I share their tips:

1]. Start with a goal and make a decision. This can be a goal of when you want your last day to be or what you would like to do. Written goals are more likely to be accomplished than non-written goals.

2]. Redesign your life. Begin to become conscious of your budget, your spending habits, and put together a plan of where you can cut corners in the meantime.

3]. Pick up a side hustle. Picking up extra work can help you save but more importantly, can provide you with a back-up plan for when you are ready to leave.

4]. Save up 3-months of salary. In the event that your business/backup plan takes longer to get off the ground, It’s good to have at least 3-months worth of salary saved up and ready to go for spending needs.

5]. Become laser focused on your plan. Keep your vision front and center DAILY and make sure to stay focused on the end goal.

6]. Work weekends, nights, and through lunch. Take advantage of the time you have outside of work and Budget your time wisely based on your lifestyle/family life. Always make sure to set aside ample time to focus on building your business/perfecting your craft.

7]. Master 1 skill. Focus on 1 skill which you’re already good at. Then, work on improving it. Stick to what you know in the beginning and become the best.

8]. Keep quiet about your goals. When possible, try to avoid sharing your goals with too many people especially those you work with.

9]. Don’t burn any bridges. Maintain healthy relationships with everyone you work with includes your boss. You never know when your paths will cross again and you may need their help or vice versa.

10]. Jump! Basically when you’re ready, make that leap. The more you think about it and worry about job security, the less likely you’ll make the decision to leave.

There you have it. Prepare your plans. Step our and realize your entrepreneurship dream,

Cheers!

7 Strategies New Entrepreneurs Lack That Cause Failure…

If planning is important, execution is everything

Done! Then Came The Hard Part…

Years ago I decided to publish my research on Success Strategies. This after interviewing heads of organizations in healthcare, media, aviation, politics, education, and such industries. I was thrilled! Hurrah I had published my first non-fiction book that was professionally edited and peer-reviewed!

Then came the hard part. I was now an author, but how could I let others know that I had written something they may benefit from? Something that if the right person receives, it would help them to succeed in business and new career ventures. Not to mention that it would drive them to take the leap and make that change in their goals, aspirations and ability to manage themselves and others?

That set me on a path... to learn what I don’t know. It’s a quest that I am still on. Tons of hard work but I’m loving it! Fast forward several years later I have published other books on success and career change, personal development and motivation.

So if you find yourself thrust into the unknown and being faced with a situation that you must confront or be left behind, take the time to assess these 7 things new entrepreneurs lack that causes them to fail to succeed.

The 7 Lacks Of New Entrepreneurship

1.Lack of Vision. Do you understand how your dreams fit into the big picture?

2. Lack of Planning. Do you know where you want to go and how to get there?

3. Lack Execution. If planning is important, execution is everything.

4. Lack of Funds. No revenue.

5. Lack of Marketing. How will others know that you exist?

6. Lack of good people. Hiring the bad. The cheap. The uncommitted.

7. Lack of Resilience. Giving up too early.

Are you a New Entrepreneur? Did any of the above resonate? Any that you think should be a part of this list? Do share. We would love to hear.

Cheers!