3 Rules to Transition From Employee to Entrepreneur

Rich Dad Advisors Entrepreneurship 0 Comments

If you’re a Millennial entrepreneur to-be and chomping at the bit to quit your job, you’re not alone. The transition from employee to entrepreneur isn’t a walk in the park, but it is possible to adapt if you keep these 3 rules in the forefront of your mind:

1.) Be Brave and Make The Plunge
 
Making the decision to quit your full-time job and become a full-time entrepreneur is a liberating experience. The problem is that most people become paralyzed with fear and overthink it, therefore never making the physical steps. Eventually, you have to muster up the courage and take the plunge, meaning leaving your ‘safety net’ 9 to 5 job. The jump is always scary, but if you are prepared and have a plan in place, you

2.) Be Okay Making a Lower Salary

It is not uncommon for new entrepreneurs to take significant salary cuts to start out. But you have full control to make your salary and the business grow. What you put in to your business, is the success that you will get out of it.

3.) Overcome the word “NO”

Sales is a part of every business, especially entrepreneurship. Sales is much more than selling a brand or a service, it’s more about selling yourself, and effectively conveying to the potential client who they would be doing business with across the table. People tend to gravitate and believe in people, rather than ideas.

 

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