by: Entrepreneur Conners
HOW TO BE A SELF EMPLOYED ENTREPRENEUR
It’s the dream of most people to become self employed. That’s why the phrase “be your own boss” or “fire your boss” is becoming more popular by the day. The interesting thing about becoming a self employed entrepreneur is the potential to grow into a business. After all, most successful entrepreneurs and drop out billionaires; started out as self employed entrepreneurs.
Do you want to become a self employed entrepreneur? Do you want to start a business and be your own boss? Then this article is for you. Without wasting your time, below is a step by step guide to becoming a self employed entrepreneur.
How to Be a Self Employed Entrepreneur
Before you write a business plan, quit your job or start a business; you must figure out why you want to become a self employed entrepreneur. This is because that reasons or motives can be a strong source of motivation for you. Also, it is good to do things for the right reasons.
Now why do you want to become self employed? Do you just want to become your own boss? Or you are tired of your job? Do you want to become self employed for the extra pay? Or you are doing it to gain a greater control of your life? Well, your reason for wanting to become a self employed entrepreneur might not be known to me, but what I want you to know is this: “Do it for the right reasons.” If you become self employed on some flimsy excuse; or you don’t have a strong purpose for going solo, then you may lose your drive and quit before you make headway.
(2) Change how you see things
To become self employed and succeed at what you do; you must change your perception. You must transit from a mentality of dependency on your boss to being independent. You have to take control and be responsible for your actions. You must be accountable and most importantly; you must be prepared to face disappointments, you must be prepared to fail because failure is a pathway to success.
(3) Identify your oil.
In the words of a man I respect a lot (Femi Monehin), your oil is that thing you are good at doing, you love doing and people are willing to pay for. So before you even think of becoming a self employed entrepreneur, you have to identify that thing.
Question……what are you quitting your job on? What’s your leverage? What service can you offer in exchange for money that people are willing to pay for? What are your core skills, talent, hobby or passion? If you want to be a successful self employed entrepreneur, then you must answer these questions.
Before you jump into offering your services for money, you must know who your market is.Who are your customers? How much are they in need of your service? How much are they willing to pay for your services? How do they want your services packaged and delivered? These are things you must research and find out before investing your money and time in starting a business. And with this little study, you can know your niche
(5) Write a simple business plan
Most people go solo without a business plan because they feel it’s too early to get one. Sincerely speaking, I have seen successful entrepreneurs that don’t even know what a business plan looks like. So I don’t want to make it sound like you will never succeed without a business plan. But if you intend to grow big as time goes on, then you will definitely need a business plan even if it’s a simple one page business plan.
(6) Put your plan to work
Of the six steps highlighted in this article, this is the most important. I have seen people with wonderful ideas and plans but they remain where they are from year to year simply because they are afraid to start a business. They are afraid to quit their job to face the uncertainty and challenges of being responsible or accountable. In the entrepreneurial process, the most important task is taking action. You can plan, dream and fantasize but if you don’t take action; all will be in vain. So execute your plans today and I will see you at the top.
Like I will always say……just START
Article materials sourced from: My Top Business Ideas (www.mytopbusinessideas.com)
By: Theophilus Izobofolo
Don’t Let Your Bad Experience Become Your Limitation
So, ask yourself today, what is limiting me?
This is the message I listened to today from a preacher. And I feel I should share with you because I gained something from it and I believe you too can.
In making your life count, he talked about four things which I will share here.
(1) Study: For you to be a master in your field, you need to study. Studying should be a thing you do always if you want to make an impact in your life and your environment.
In opening a new business the best thing to do before starting is to study the business in and out. Know the challenges facing such business, know what others are already doing in the business, know your competition, know the potential risk or hazard in such business.
Having all these knowledge about that business will give you an edge in creating a Unique Selling Point.
(2) Do little things well: ”Doing little things well is a path of getting greater things done”.
If you cannot run a small business well, you cannot run a multinational company. Some will say I will be a better boss if I am the CEO of Microsoft…..”LIE” If you cannot be the better boss now in a business of N100,000 you cannot even get to the level of becoming the CEO of a multibillion dollars company….Simple
(3) Be stable: ”Stability is key to succeeding” an unstable person can’t succeed because he or she doesn’t have a base.
Dictionary definition of stability……(The quality of being enduring and free from change or variation).
Going by this definition, it means that for you to succeed in business, you must have a base. You must not allow situations and people to push you around. You must know what you want to do, how you want to do it and when you want to do it. There will be challenges, there will be pressure and there will be failure but you have to be steadfast and endure through it all.
(4) Stop procrastinating: Stop saying I will do it tomorrow.
What else are you waiting for to start your business? STOP Procrastinating……..just START
(1) “I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas Edison
(2) “Logic will get you from A to B. Imagination will take you everywhere.” – Albert Einstein
(3) “As long as you’re going to be thinking anyway, think big.” – Donald Trump
(4) “Success is walking from failure to failure with no loss of enthusiasm.” – Winston Churchill
(5) ”Genius is 1% inspiration, and 99% perspiration.” – Thomas Edison
(6) “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” – Mark Twain
(1) Pastor Femi Monehin
(2) Entrepreneurial Conners
Other related articles:
By: Matt Williams & Charles Awuzie
WHY YOU DON’T HAVE TO BE PERFECT TO CHANGE THE WORLD – “how can I change the world when my life is so messed up?” So, your life isn’t perfect. Join the club. The notion that you have to be perfect to change the world is ridiculous. In fact, no world changer in history (save for one) was perfect.
Let’s See examples from history
1) Abraham Lincoln
If he were alive today, Abraham Lincoln would probably have spent the past twenty years watching soap operas in a Snuggie while popping anti-depressants. He was prone to severe and debilitating bouts with depression that often led to suicidal thoughts. But he described his depression in a letter to a friend as “a misfortune, not a fault.” That is the attitude that allowed him to be a world changer.
I read a fake news blog where the author said that a certain Table shaker in our generation is using drugs and addicted to sex and I laughed because the author is either ignorant or a mere hypocrite. All world changers were mere humans who had moments of depression but chose to solve the problems of others first.
Moses had a temper. So bad that he killed a man. He was a murderer. I’ll go out on a limb here and say that beats most of what you’ve done. “Murderer” is not a tag you just drop. And did I mention he had a speech impediment throughout his life? And yet he led an entire race to freedom from slavery.
Imagine if Charles Awuzie had a criminal record of murder and now suddenly speaks against the evil on the pulpit? 🤔 Will you not say that he is looking for who to murder again?
3) Winston Churchill
Winston Churchill was most likely bipolar. He referred to his intense bouts with depression as his “Black Dog.” He went on to be a central figure in the fight against the Nazis. By all accounts, he was a world changer.
Listen, every world changer throughout history has a dark side. Every one of them has a family secret. Every one of them suffered from something that could have kept them from changing the world.
All while actually changing the world.
None of them waited until their “problem” was solved or their dark days were behind them. They made their mark in the midst of their problems. They pursued their calling in the middle of their personal struggles. Don’t wait until you are perfect before attempting to change the world. That day may never come, understand why you don’t have to be perfect to change the world.
Let’s do this….
Someday when _______, then I’ll be able to _______.
Have you ever filled in those blanks?
But what if the “when” never comes?
What if Lincoln or Churchill had waited until their depression subsided? What if Moses had waited until he had taken more speech classes or everyone who knew about the murder had died?
Before you judge the imperfections of world changers, ask yourself why you are not taking any action to change your world and why you don’t have to be perfect to change the world.
“GOALS ARE BLANK CHEQUES TO WITHDRAW SUCCESS DEPOSITS FROM HARD WORK; PERSISTENCE, PATIENCE AND PRAYERS ARE THE REQUIREMENTS FROM APPLICANTS, TO THE FULFILLMENT BANK.”
“GOLD FOR GOALS.”