Thursday, December 20, 2007

Turn Your Job Into Your Business

Sometimes the most obvious thoughts are often overlooked.  Individuals caught in the rat race of a nine to five often ponder for years how to break the cycle of punching the clock.  Well, I ask you, when was the last time you considered pursuing your current profession or field as a business.  There are thousands of top notch employees utilizing their skills and abilities to maximize the profits for employers around the globe.  As we all know, when you’re no longer considered valuable, you no longer have a job.  


If you enjoy the work you do, here’s the plan in a nutshell.  As you go about your day to day activities, the goal is no longer complete your tasks and get through the day.  You are now on a MISSION.  Agent #1, your mission is to observe, listen and learn as much as you can about the operations of your organization.  That’s right!  We need you collect as much intel on the operation as possible.  This message will self-destruct in 10 seconds.  Don’t worry, you will have time to finish reading it.


Let us continue.  From company to company, the information gathered will vary.  Who are the suppliers, customers, vendors or any other affiliates involved in daily business transactions?  How does the company find its customers?  How much has to be spent to make someone a customer?  This can be called customer acquisition cost.  When are the busy and slow seasons for that type of business?  This information will be vital to budget effectively and keep your doors open as sales decrease according to the known cycle.  What are the entry costs of the business?  Is it more cost effective and feasible to become a contractor or launch a full blown organization?  Will a staff be necessary?  Where will you find qualified employees?  Learn as much as you can.  Disclaimer: DO NOT VIOLATE, STEAL AND/OR USE company secrets or anything that is prohibited by company policies.  Use discretion and be wise.


This gives a few considerations to have in mind as you sit at your desk and ponder your next move in life.  If they can make money using your skills, why can’t you?

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