Starting a side hustle can be a fun way to make extra cash and do something engaging to keep you on your toes. But not everyone has an idea at the ready to turn into cold hard money.
Starting a side hustle can be a fun way to make extra cash and do something engaging to keep you on your toes. But not everyone has an idea at the ready to turn into cold hard money.
I’ve met a lot of business owners and entrepreneurs who knew absolutely nothing about business when they started. These are often my favourite kinds of entrepreneurs to meet. They have a hunger for knowledge and an itch in the world that they absolutely had to scratch.
In the past, building product meant sitting with your team (or alone) in a remote place that none of your customers would ever visit until the product was perfect. When the founders believed that perfection had been acquired they would release the product into the wild and wait for the money to roll in. Or not roll in.
Having an idea is not even close to the first step when starting a business. The idea is the seed that germinates the roots that start to grow your business… maybe.
In this first of a 6-part series entitled Bootstrapping your idea, serial entrepreneur, author and master-bootstrapper Nic Haralambous takes us through the process of starting something from scratch on a small budget.
So what’s the case for self-awareness when it comes to the world of business? The latest research on the subject has even revealed that self-awareness can help leaders more than an MBA can.
Big career decisions do not announce themselves well in advance, as part of that neat and tidy career plan you had in mind 5 years ago. They simply confront you. An opportunity pops up that isn’t exactly what you planned for. Life happens.
To recap, a career strategy is a way of thinking about your career moves so that each move gets you closer to your ultimate goals, even if things don’t pan out as you expect. Identifying the career strategy patterns that resonate with you is extremely useful because it better enables you to envision your career roadmap.
Earning the freedom to work where and how you choose is not as straightforward as ticking a few boxes on a checklist, nor is it about replicating the strategies of others who have gone before you. In an ever-changing world, there is no guarantee that what worked yesterday will work today.
Your studies didn’t prepare you for it. Your boss isn’t going to do it for you. And it doesn’t happen simply by the passage of time, or by running on autopilot. Careers that don’t work out are sometimes the result of decisions made, but more often they are the result of decisions not made.
Your career might not be the most important thing to you at every stage in your life, but it also doesn’t have to be the thing you do just to pay the rent. You can, and should, get more out of it - both in terms of the experience of the work itself, as well as the lifestyle it can afford you.
As Africans, we face many challenges when it comes to our career and professional life that many other people in the world don’t. Too many people let Africa’s past dictate its future. So we often come up against a great deal of negativity, don’t get the recognition we deserve, and rewards don’t come quickly enough.
Do you believe in yourself enough to change your life story? The rewards could be a fulfilling and more purposeful career, financial security, and a comfortable retirement in your later years.
The COVID-19 crisis has pulled the proverbial rug out from underneath our feet but that doesn’t mean we are helpless in the face of change. Now might be the time to turn off Netflix and start putting together a come-back plan to prepare for life after lockdown. One thing’s for certain: hoping for things to get back to the way they were is not a good strategy.