The career makeover article in the September 18 issue of the Detroit News reported on a couple who took their buy out to start their own business. The article can be read on my website, beingatwork.com. These were my tips published with the article.
Do you consider yourself a risk-taker or would you say you are risk-adverse? Many who read the Vollrath’s story would label them risk takers. But like others who have been featured in previous career makeover columns, they took certain actions to mitigate their risks. Here are some steps you can take.
1. Assess your level of commitment – Are you pursuing your passion? Are you so excited about the possibilities that you cannot wait to get up in the morning to get going? Have you dreamed of this all your life? Embarking on a new career direction takes a dedication and commitment that can sustain you when things get tough and don’t go as you expected. Your passion to do this is going to keep you moving forward.
2. Determine your financial tolerance – Feeling safe and secure is a basic need. Understanding how far you can go in pursuit of a dream and when you need to consider a course adjustment is important. A careful analysis of your finances is a must.
3. Recognize your work style – Are you a people person and do you need the interaction of others during the day? Or are you content to work alone for long stretches? Awareness of what work environments fuel your energies is an important component of choosing a new career, a new employer or becoming an entrepreneur.
What do you think about this couple's move? Would you do it?
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