Friday, 10 February 2012

Five Critical Points About Making the Transition From Employee to Entrepreneur


Longing to take charge of your life? Ready to take action and make the transition from being an employee to becoming an entrepreneur and venturing into a business of your own? If so, you'll probably need to make an attitude adjustment that many people overlook. Consequently, most new businesses fail in the first year.
You obviously don't want this to happen to you, and this means you need to educate yourself. To achieve success in business and in life, you first have to cultivate an entrepreneur mindset. People aren't generally made with this skill. You have to develop it.
The Problem with Having an Employee Mentality
You're most likely aware that if you hold onto an employee mindset, you won't ever have tremendous success in business and in life. Also, thinking like an employee will leave you at risk of failure when challenges crop up in your enterprise.
Entrepreneurs are masters at prospering regardless of external circumstances, because they know that they produce their own success and they take responsibility for it. They believe in their dreams, in what they are doing, and in the contributions they can make in the lives of others.
5 Critical Points About Making the Transition from Employee to Entrepreneur
1. When you're an employee, your efforts go toward creating other peoples' dreams. when you become an entrepreneur, your work takes you in the direction of your own goal. The point here is that you've got to have a goal.
2. As an employee, other people impose discipline. As an entrepreneur, you succeed solely through self-control. If you never do any work and forget to learn to manage your time, you won't ever succeed as an entrepreneur.
3. As an employee, others take care of various jobs like marketing, product production, and accounting. When you go into business for yourself, you might start alone, and you will need to figure out how to fill a number of different roles.
4. As an employee, you trade your time for a paycheck that won't create the best possible lifestyle. To succeed as a an entrepreneur, you must learn how to create revenue that is not based mostly on your own effort.
5. When you work for someone else, training and support are generally the responsibility of the employer. When you start your own business, you are responsible for training yourself and finding your own support systems.
You may not have considered these kinds of things before, and they are all vital if you want to acquire an entrepreneurial approach. The final key: follow a proven success model by studying with people who have gone where you want to go.
With this in mind, learning how to succeed as an entrepreneur is a fantastic source of personal growth. And for many people, it is the only way they will ever create the amazing kind of life they want to live. This brings us to a critical point:
You were born to live fully!
Whatever path you choose to create success in business and in life, pursue your passion. This provides the momentum you need to stay focused as you transition from employee to entrepreneur when problems pop up. This passion also puts you in touch with your reason for being born, so it will keep you on track to lead a richly rewarding life.

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