How Can I Create My Own Job or Business?
This one comes from Michael in Southend, and his question “I want to leave the Rat-Race and create a support system for myself, but I don’t know where to start; can you give me some pointers?”
What To Do
You’re not alone Michael. There are hundreds upon thousands of people who share your desire to have a vocation, rather than a job… and let’s not forget, one of the root meanings of the word ‘job’ is persecution!
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Simon, began his working life with Messrs. Coutts & Co, bankers to the Queen. During a career which has, thus far, spanned 31 years, Simon has served time as a Bank Manager, Financial Adviser, and General Manager of a major UK Broking Firm, which later became London Scottish Broking. A Certified Mortgage Specialist, Simon set up his own broking firms in late 2002... Find out more about Simon
Mark is a multiple best selling author on food, health and business. He has had decades of experience in natural health and is an outspoken advocate of natural nutrition and drug free living. He's also the founder and executive editor of Low Carb Mag. More about Mark
The Outline Solution
We believe that you have the ability to create a new support system for yourself, which you not only enjoy, but are also skilled at doing.
As always, preparation is key, and if you start with some very simple techniques, you too may find a niche to suit you. However, for this process to work you must have a true intention to make a change.
- Spend 5(five) minutes, intensely scribbling, and noting everything that comes into your mind, and I mean anything and everything.
- Grab a pen and paper
- Ask yourself the question “what am I good at?”
- Start by spending an hour or so relaxing.
- Stop once the 5(five) minute mark has passed.
Now take a twenty-thirty minute break.
- Complete the task again, but this time, ask yourself “what do I enjoy doing?”
- Again, at the end of 5(five) minutes, stop, perhaps have a glass of water and rest again for twenty-thirty minutes.
- Now complete the task again, but this time ask yourself “what would I like to do?”
At the end of 5(five) minutes, stop, and go back over what you have written. You may find yourself contemplating and or mentally exploring some of the ideas you’ve put down on paper. You may find yourself scribbling additional ideas. That’s fine.
- Repeat this process (on the same day) for the next two weeks.
- Once you have finished you will have completed the process 3 (three) times in total.
- During the three week period, and the repeated process of brainstorming and reviewing what has been brainstormed, clear cut opportunities should begin to take shape.
- If not, take a few weeks out and begin the process again.
Possible Arguments Against You
- You may need check yourself and ensure that you are being realistic with your goals, (for example, I couldn’t become a gymnast, even if I wanted to, for reasons of old age and my back, but that doesn’t mean I can’t become an expert in a related field, and or create a niche related to gymnastics)!
- Unless you are obstructed from fulfilling your dreams, for reasons of health; over ambition; lack of true talent, skill or knowledge in a particular field; resources, and or professional restrictions to your desired vocation, then there are no obstacles other than yourself.
- Intention is everything, not desire. Desire by it’s very nature is unachievable, thus it is intention that counts, what do you intend the result of your new “path” to cause, create and or result in?
- Try to imagine and feel, how you will feel when you are fulfilling your dream job. Actually try and feel it. Resonate.
- There is no such thing as “failure” only learning experience.
The Almost Legal Info
Be sure to check out any legal restrictions and or requirements- such as licenses and permits affecting your planned venture.
“Time is money”, as the old saying goes.
More often than not, business ideas fail, not because they were bad ideas, but because they were poorly executed, and that includes pricing the product or service incorrectly.
Why not try working backwards, to figure out your pricing.
- What do I need to earn to get by? Think annual salary or monthly income.
Understand that “quality of life”, “value” and “wealth” can’t always measured in monetary terms, because time, for example, is ultimately priceless; albeit the fact that people, companies, and such like, may be in the habit of wasting your time or spending it for you!
- Now break your annual or monthly target ‘income’ down to a daily, and then hourly target figure.
- Give consideration to how long you are prepared to work each day, and how many days per week you wish to work. As this will affect the hourly rate you need to earn.
- Add in a buffer. If you envisage yourself needing 8 separate 1 hour jobs per day, every day, to make things work, when and where are the ‘customers’ coming from?
- Therefore, when working out your hourly rate, build in a buffer by assuming you will only get half the jobs you need: eg. if you are prepared to work 8 (eight) hours per day, calculate your hourly rate on four hours work per day, for a five day week.
Now you know what you need to earn daily, and you have an hourly indicator to assist you with your pricing structures, and now you’re ready to create your product or service, and move on to the next stage…
Need More Help?
Ultimately, it starts with you. If your current job just isn’t doing it for you; why not work for yourself. Job security or insecurity starts in the mind. And you will seldom achieve what you want to, working for someone else!
So if you need help creating your own support system; or identifying your niche product(s) and service(s); or simple guidance through the potential pitfalls of running your own business, we’ve put together some essential reading and business strategies to help you succeed; please go to…