Starting Your Own Business: Transitioning From Corporate to Encore Career
Transitioning from corporate America to starting your own business takes a lot of awareness, specifically, in terms of how you’re going to transfer your skills, knowledge, and expertise into Creating Your Encore Career.
The Difference Between Corporate Work and Independent Work
In the corporate world, many things are defined for you or done for you. There’s a lot of structure. When you’re independent, it’s all on you now.
Being in charge of yourself and figuring things out is freeing. It doesn't make it any easier and you still have to work a lot. But you're not waiting for some decision to be made about whether you're going to keep your job or not.
Corporate work is mostly about execution. As an entrepreneur, you’re not only executing, but you also have to be creative. There’s a big shift in how you use your brain.
Things to Consider When Making The Leap From Corporate to Independent:
You have to create your own structure.
Pay attention to your finances and figure out whether you need to hire someone or you can just do it on your own.
Take advantage of technology to streamline things.
Find your hook. What is it that you're going to be known for?
Write down the skills and expertise that you can transfer to your encore career.
Look for powerful, creative ways to introduce yourself (ex. book, podcast, word-of-mouth)
At the end of the day, it’s all about taking calculated risks. It’s just a matter of figuring out how you can transfer your skills and expertise and create your own structure now so you can ultimately live a life of freedom and purpose.