The Three Step Plan to Finding Your Inner Entrepreneur
It seems like everyone today is starting up their own side hustle or entrepreneurial venture, with many managing to leave behind the world of conventional work altogether to transition to an entirely home-based working arrangement.
Not only is being able to thrive as an independent business owner a great dream and passion of many people in its own right (not to mention a fantastic way of reclaiming ownership over one’s time), but also it might just be one of the best ways of ensuring job security in increasingly uncertain times.
The issue is that many people who would love to make the plunge and start their own side hustle seem to believe they need very specific and advanced skills, possibly including an MBA, to even get started. Nothing could be further from the truth.
Here are some simple tips to help anyone find their inner entrepreneur:
1. Make a list of the things you enjoy doing and know something about
The first thing to get out of your head is the idea that you need a deep wealth of business knowledge to get started on your side hustle.
In fact, just about anything that you enjoy doing in your day-to-day life, and know a bit more than the average person about, can be the basis for a business venture.
Begin by making a list of all your hobbies, passions, interests and areas of expertise. Don’t fence yourself in here. If you know a lot about craft beer, put that on the list. If you enjoy going for walks in the countryside, write it down
This list will serve as your blueprint for everything going forward, so don’t leave anything out.
2. Research jobs connected to your areas of interest or expertise
You’d be amazed by the kinds of jobs that are out there, and the ways in which different interests, passions, and areas of expertise can be transformed into sources of income. While you might not feel that your love of obscure films, glossy magazines, or 19th century history could be immediate starting points for a future career, you’ll find that there could be many different niche roles out there where those interests could be leveraged effectively.
Maybe your fashion mag fixation has given you a special insight into the finer points of different style trends, which could be a great launching point for your own monetised blog.Or maybe your appreciation of obscure books makes you the perfect candidate for a role as a freelance writer with a historical memorabilia company who needs their blog maintained.
Of course, past job experience can often give you an insight you can handily turn to your advantage in a new and unique way. For example, a past in construction, combined with a bit of business savvy, could qualify you to start a supply company such as Heaton Products Ltd.
Do your research thoroughly and you’ll find interesting ways that your skills and passions can be used.
3. Combine different things, work on building additional skills, and see where you can leverage your strengths
A big part of starting a successful entrepreneurial venture is going to be learning how to effectively mesh together different interests and skills, and capitalise on your areas of expertise.
It may be that you have a particularly good knowledge of some industry or hobby, but in order to make a career out of it, you’ll need to acquire additional skills.
For example, you may be perfectly positioned to write about a particular topic for a digital marketing agency, but have big gaps in your knowledge of SEO or writing for the web. In this case, professional courses can quickly get you up to scratch so you can begin creating your portfolio.
At the same time, everyone has their own particular strengths and weaknesses within their general skillset. If you’re really good at networking face-to-face, but can’t crack the code of cold-emailing, you should make it a priority to attend networking events in your target industry and keep a supply of business cards handy.