Tag Archive: business launch

Taking Entrepreneurship To New Heights

group flying

How the work landscape has changed. Years ago, a great career started with landing a job in a big blue chip corporation, one with a management training program and a pension, with stock on the S&P 500 and lifetime loyalty. Today’s world is another paradigm entirely, with smaller business leading the way in job generation, free snacks trumping pensions and entrepreneurship a viable alternative for most anyone.

I’ve worked with a fair number of clients launching new businesses. Often it’s their second act, following a corporate career which provided financial rewards (possibly funding the new venture) but didn’t fuel their passion. Those with corporate experience generally come to the table with a foundation of strong business skills. Others, inspired to turn a longtime skill or interest into a business, may bring guerrilla marketing savvy and creative energy — along with an understanding that there may not be a big paycheck for a while. (more…)

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Launch Wisdom: Productize Your Services

Helm station

Like a ship’s captain, you must plot your route, meticulously considering the changing currents, shoals and tides.

There are many approaches to entrepreneurship — purchasing a franchise, acquiring an established company, freelancing as an independent contractor or starting a brand new venture of your own. Each model has its own unique set of benefits and challenges. It’s a big step to migrate from being part of a crew to captaining the ship.

It can be lonely at the helm

I’ve helped a number of clients navigate the transition from a corporate career to entrepreneurship. In fact, I did the same myself back in 2010.

Buoyed by creative energy and enthusiasm, it’s common to plunge in without cognizance of the enormity of going it alone — at least initially, when everything from business development and managing the books to providing the actual service of your business falls directly in your lap. Even for those who instigate the change thoughtfully and deliberately, the scale and scope of launching a business are surprisingly complex. (more…)

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