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MenuAre there still ways to become financially independent through a job?
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I love this question! Thank you for asking it.
If you don't mind, once you finish I would love to know more about your startups and what led you ask this question. No judging, but everything is a learning opportunity - I guess, hence we're both here.
My name is Humberto, although I now run a hybrid global marketing agency, I started drawing and selling my designs to shirt companies in FL a long time ago, traded medical sketches for medical treatments LOL. Over time my passion for art led me to pursue a full time career making a living with my art but that didn't pan out. Through that time though I was learning how to sell, learning technology and programming basics. It was this that got me involved with the startup community in Phoenix, AZ area to what is now globally known as #yesPHX. My creative side was the driving force behind all the Startup Weekends, Pitches, pursuing ideas, joining teams and seeking investors to pitch shamelessly to as well as building relationships and strategy. I learned a lot.
Including the fact that it was my creative side that drives me and my passions. That "Entrepreneurial ADD" as I like to call it was reduced when I was working on something that allowed me to be primarily creative rather than doing managerial or repetitive stuff such as pitching and driving sales or improving code. It took 2 startups with financial backing to realize that I didn't want to grow a business for myself, I enjoyed the creative challenges of figuring out how to get them growing and grow them and then move on - not being stuck running them. I found out I was a wannapreneur.
But this was an opportunity because knowing that I didn't want to be stuck growing a startup for the sake of money or nerdy fame helped me realize that I wasn't going to 'change the world and make it a better place' I would be like most of us just stuffing the world with one more app or service that we can probably go without or be a feature of an existing rather than a new company. Anyway, through this time I was consulting with other startups on growth, creative ways to grow (now commonly coined as Growth Hacking by S. Ellis) this led me to make a living consulting, I was a young 20' something hispanic entrepreneur helping business men and women of all ages and industries because of my experiences. I came in and evaluated their situation, found holes, provided ideas and solutions. I would help execute then I would move on to another challenge elsewhere. A wannapreneur I think is a bad term for a certain type of personality such as what I can relate to.
I want to work, I am creative, and I am trying to make the world a better place but I don't like being stuck forcing growth of my own company. This has allowed me to grow my company by focusing on driving good growth for my clients and being helpful which generates referrals. Depending on your experience you can try a similar path in pivoting your skillsets to something else.
That's what pivoting does for the most part " what resources and experiences I have and what other ways can I utilize them better?"
What relationships did you build? can you leverage those as opportunities for others?
Try joining a startup as a sales agent, customer service, or get yourself into a franchise which have to provide structure and help.
Use your current job income to fund your other entrepreneurial business ventures.
Related Questions
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Entrepreneurship with my sister, or my chosen career path?
Be honest with her. Tell her your concerns now, and ask that she give you the same courtesy. The unique skills that you each bring to the table and the passion you both have is what can make the business successful - but only if you can communicate. If you aren't willing to commit 100% right now, then tell her what you are willing to give - I'm sure she'll appreciate whatever you can give her, including your support.HW
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I have hustle and motivation to find a job, but every time I get a job I lose it due to anxiety. What is your advice?
You're definitely not alone with this feeling and it's very common amoung millennials because we were taught to figure everything out ourselves with the Internet- what we didn't know we were expected to look up. Admitting we truly didn't have the skill associated with the job would conjure up feelings of humiliation which would lead to the compulsive behavior to then just say-- yeah I can do that. It's my opinion that you're not trying to impress initially as so much as you're trying to not be caught in a vulnerable situation. I would recommend writing down all of your skills separate from your traits-- traits are the characteristics of yourself such as dependable, honest, persistent, loyal-- skills are how you can help them accomplish their goals - transferable skills are those you have accumulated throughout your career. - when someone asks you a skills based question like -- describe your normal methods of assigning work to your subordinates and you answer with "well I'm a very fair person and I wouldn't want their to animosity between the employees so I would make sure it's spread equally" - it's a honest answer but it's a skill question answered by subjective traits. - does that make sense? I think understanding skills/traits will calm your anxiety down and get you pumped for your next interview! :)WK
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Where can one become a certified business and/or life coach?
I would recommend http://erickson.edu/ME
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What is the best way to scale a phone coaching program quickly and effectively?
In general it's hard to scale an hourly business. However, here are a few suggestions: 1. Offer a lower rate tier where you can capture a lot of people such as group coaching. You'll need address topics that are general to the group, and make sure that the people within the group are similar enough, but don't feel like they're competing with each other. 2. From the group coaching you can suggest people upgrade to a higher price such as the $4K for 6 1-hour sessions to address specific needs and provide the high touch individualized attention they're looking for. However, I'd still be cautious about letting people know how much they're paying for an hourly rate. 3. Can you productize this service in any way? Most businesses scale by productizing their information. If you can create learning modules for people to go through, then you can have the complete work on their own, then use 1-1 time more effectively.PV
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What to expect from (and how to find) a business coach?
1. Have very high expectations that they will be your coach, not necessarily your friend (though many of my clients have become my friends, my first responsibility is to be their coach and focus on their business growth). 2. Ask around to the people you know who have a coach, Google "business coach in (your city), or RSVP to the many coaches who have posted answers here (myself included: I offer a free strategy session to see if we're a fit, email brad@bradwarren.com) 3. Ask what their business background is, and are they a "pure" coach (who only asks you questions and never gives advice) or are they a hybrid coach (like me. I make a distinction between coaching, consulting, and training, and I do all three depending on what you the client needs). 4. Depending on whether it's by phone or in person, the frequency, their level of expertise, etc., the fees can vary from $400 to $2000 or more per month. Hope that helps. Again, email brad@bradwarren.com for a no-obligation session with me over the phone.BW
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