Chalk one more for entrepreneurship
Twitter
Facebook
Delicious
Digg
Stumble
Reddit
Or maybe Wizards.
I just found out today about another colleague who decided to take the plunge into self-employment.
I suspect he will be fairly successful though, because of the smart strategy he has chosen to start his work.
He took some 10 odd years worth of clients before taking the plunge, and immediately joined a part-time position with a smaller (read: lesser workload) firm that can give him (1) an office to work out of and (2) a certain degree of minimum financial stability.
Next, instead of going it all alone, he has called and signed up his own consulting services with a number of distribution, reselling and aggregation companies in those specific service areas.
Those firms sell his services onwards as resellers, and he gets enough breathing space to manage his initial time and slowly build and expand his client base towards his own firm.
I think this is about as good a startup strategy as it gets in my view, so I thought I would highlight it here.
It is alluring to fantasize about just jumping boat in doing it all alone to create an instant breakthrough, but entrepreneurship in many respects involves practically thinking through managing startup risk.
10:42 pm
i think we take and manage enough risk when we are doing our routine jobs at some employer….but
c’mon guys lets have a debate brother Asif razaaque elaborated it quite beautifully but what is it that keeps us from going solo..are we afraid of failure(by the way Jawwad farid wrote an amazing book on that) or what is it?
I think its just simply courage that is required to start up on your own..
11:07 pm
Debate requested – click here
2:11 am
After working almost 10 years in various organizations and sectors, I am on my own since April
2:38 am
Congrats Kashif. Here’s to the few, the proud, the wizards.
3:26 pm
Where is the debate?
3:31 pm
I don’t think we are afraid of failure. If that was the case none of us would have ever learnt how to ride a bike, or swim, or run, or play.
I think what we are really afraid of is moving out of our or our families comfort zone.
I have seen so many bright ideas and teams shot down by ourselves, families and/or parents that its not even funny.
But then again I have seen so many do well because the same support group came out and said in effect, “Go ahead, get rid of this itch…”