I will begin this article by saying that never before in the history of mankind was it so easy to be an entrepreneur. New technologies, the use of the Internet and the global opening to do business with a click, have allowed many to own our time and run an international business from the comfort of our Smartphone.
Yet millions of people around the world continue to suffer financially and with a high rate of job frustration. Do not get me wrong, I’m not against the job, what I’m against is the people who are not happy at the expense of a salary.
If you are a happy employee, then this article is not for you. If on the contrary in your blood runs the entrepreneurial DNA, I invite you to take note and learn the 7 steps that will take you from employee to owner of your own business.
Recent studies show that 85% of the world’s labor force detests its employment. If it were not for the accounts payable, they would be willing to become their own bosses. The question then would be What should be done?
How to stop being an employee and become an entrepreneur
1.Discover your passions: Most call this to find your hobbies, but it is much more than that. Think about your skills, values, and experiences. Think about that business that goes around your mind, the one that wakes you up at midnight and that you dream so much to start (that’s the one). Thousands of entrepreneurs in the world have made a fortune through what they do best. Consider what you could be doing every day, for weeks and maybe years, without getting bored, committed and without losing the passion. I always recommend undertaking something that you are in love with, so even in the complicated moments, your passion will make you act and reach the top. Thousands of new entrepreneurs fail because they develop a business they do not love. Take note: Passion builds the business, not fear.
2.Monetize your passions and think about what people spend more money on: The best business plan is this: find out what people are buying and sell it to them. An empire is born of the combination of your passions and what other people would pay. It is not a state secret that we live in a society ruled by consumerism. It is not difficult to make money, nor is it difficult to find customers. Your job is to price your passions and generate a broad portfolio of clients. That’s what successful entrepreneurs do.
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3.Test your business on a low scale: This is one of my favorite points. Jim Rohn used to say in his seminars … “Work part time in your job and half time in your fortune … when the profits of your part time business exceed what you earn in your job, it’s time to give up your job and work Full time in your fortune “. This is probably one of the most important laws in the world of entrepreneurship. Take note: If you are willing to become a successful entrepreneur, you must be disciplined with your times, you do not need to give up to start. You need to invest your free hours in an appropriate and committed way. Get up an hour before you need to, the price of success is paid once, the price of mediocrity is paid for a lifetime. Remember that the rich man is educated.
4.Take advantage of the technology in your favor: Mark Zuckerberg built Facebook in his school room, without money, and with a computer while studying … the rest is history. You do not have excuses, just invest a little of your time and money in training. If you have access to the internet, a computer or a Smartphone you can build a millionaire business or you have the option to continue wasting your time playing with your applications.
5.Set your magic number: Being a millionaire overnight is not an option. No businessman made his fortune overnight. Worthwhile things take time, discipline, commitment, and dedication. Having this clear (I must warn you that many people will want to offer you miracle opportunities or millions overnight). So what should I do? First things first … win the game of money. This means that the money coming from your business will cover your monthly expenses. That’s your magic number. Should you think of being a millionaire? Of course … but your priority will be to reach your magic number. How much do your monthly expenses increase?
6.It is time to resign: The greatest salary of a human being is time, not money. Once you have started your business, you will realize that your time is the most valuable asset. Making money is easy, but we cannot create more time. Take note: Take your first step with faith, you do not need to see the whole ladder, just take the first step.
7.Commitment: It is impossible to defeat an entrepreneur who does not give up. Commitment is the force that makes you continue, even when the emotion is gone. This marks the pattern between successful entrepreneurs and those who have returned to seek employment. Starting a business is easier than you think, what makes the difference lies in the person you become in the process. This is the most important step … empty your pockets in your mind and your mind will fill your pockets for life. Knowledge is worth more than gold. Commit yourself to success and see you at the top.