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My Blog
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Turning your Passion into Business.
Posted on September 14, 2017 at 10:07 PM |
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We grow up in life,
structured to believe that, after we go through the school system, we graduate
to work for Organizations. We often fail to realize that, we can use our
knowledge and experience to start up our own Businesses, especially when most
companies rarely allow their employees to become Business Owners. As
individuals, we need to harness our passion and recreate the relentless
entrepreneurial spirit in us, to launch us to where we are meant to be. Everyone is born with
a gift; each of us has a passion and something that we are all excited about.
The idea is to turn this passion into an entrepreneurial opportunity, where you
can turn your passion into a money making machine. Everyone has an innate
entrepreneurial ability; it's how we harness this ability that determines how
we make progress in life. The basic reason, why
most of us fail to harness our entrepreneurial ability is because we feel safe
in our jobs. We have become comfortable with our safe salary increases that
will never get us where we need to be. Do you know that you can use your
free time, imagination and your creative skills to deliver value that nobody
has ever delivered in the history of Mankind? You need to step out
of the prison imposed on you from the Organization; you work for and create an abundant
life for yourself. Abundance only comes when you are moving along your
passion. Below are some of the
Skills needed to develop the entrepreneurial ability in you: 1) The Ability to have
ideas. 2) The Ability to execute
on the ideas. 3) The Ability to sell
the Ideas. 4) The Persistence to
keep learning as you fail. 5) The Ability to move
onto the next Adventure. I always advise recent college graduates entering the exciting
world of professional services to consider themselves entrepreneurs on day 1.
You have to identify your passion and the specific area that you want to
develop yourself in life; find other People within this field and learn from
their expertise. Networking is also very crucial as well as connecting with
others. Although they may not realize it now, the professional service industry
is one of the few that allow employees to eventually become business owners.
Even if they have no intention of becoming a partner or starting their own
firm, it is important for young professionals to distinguish themselves by
creating a personal brand and an entrepreneurial spirit within their
profession. Below are some steps
to Turning your Passion into Entrepreneurial Opportunities: Find
Your Niche Like most
entrepreneurs, you need to find your niche - a specific area that you are
passionate about. This could be anything from Handmade Jewelry, Accounting,
wealth management services, or even insurance sales. Finding the right niche is
the first step to building any entrepreneurial endeavor. After realizing what
area of your profession interests you, it is important to find others within it
and learn from their expertise. Networking is crucial and connecting with
others is a sure fire way to broaden your horizons. At the initial year of my Accounting
and Bookkeeping Business, I had a mentor that coached me, taught me the
nits and grits of the Business and molded my path in this Business line, and I
give credit to him for this direction. I must say, that all that I learnt
from him, is what has helped to mold me into what I have become today. Develop Your Skills and Knowledge For you to turn your
passion into an entrepreneurial opportunity, you need to immerse yourself
within everything that pertains to it, attend seminars, talk to future
competitors and analyze barriers to entry. If you want to develop your skills
you will need to train others, as this will eventually help to develop and
strengthen your knowledge and perfect your skills. Build Your Brand Personal branding is a
must for turning your passion to entrepreneurial opportunities, especially in
an age when professional service is becoming a much needed commodity. In
order to leverage in your industry, you need to set yourself apart by
leveraging your personal brand. The first step to
building a personal brand is considering yourself and your "turned
passion" as a product. You need to ask yourself many questions before
building your personal brand: What is your value proposition? Why should
people buy your product? What can you bring to the Table? Who are you
trying to target? Don’t Wait For Opportunity: Create It Once you determine
your personal brand, you have to go out and create your opportunity. The
biggest stumbling block to launching your own Enterprise is waiting for
opportunities instead of creating them. Allowing others to dictate your success
in any specific profession is a sure fire way to guarantee disappointment. If
you keep sitting and waiting for someone to hand you a promotion or give you
that well deserved pay raise at your job; it is akin to doing the same thing
over and over again and expecting different results – its insanity. Summary In conclusion, to make
it ahead in a competitive world of services, we need to distinguish ourselves
among our cohorts. Be an entrepreneur at work, Take Control of who you report
to, what you do and what you create. Deliver some value - any value - to
somebody, anybody and watch your value compound into a career - Your Desires
Entrepreneurial Opportunity. Following the simple steps above can make all
the difference and create a huge impact your life. So, what are you
waiting for? Go ahead and Turn your Passion into a Business and watch your
Business Grow. |
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