Insights and lessons into transitioning from the corporate world and into solopreneurship, entrepreneurship and self-employment as a next step in your career.
4. Full Time Entrepreneurship
You are not moonlighting anymore. You are a freelancer, an entrepreneur. You leave the
corporate world behind and devote yourself and your services available for contract work.
5. Expert For Hire
You are the expert in a specific field that people and organizations want to
hire to solve their problems.
7. 7
Changing Labor Market
To keep up with disruptive upstarts, corporations are modifying their organizations to be
more agile and lean. This means a smaller workforce.
8. Rewards of Entrepreneurship
Corporate loyalty is scarce. You have the potential to reap the rewards of self-employment
and building something that is meaningful to yourself and others.
16. 16
Single Point of Failure
If you are responsible for the success and failure of your personal enterprise.
17. 17
Time Management
You’re time is precious and you will have to devote time to building your business which can cut
into your personal time and freedom.
18. 18
Market Realities
In a down market, getting clients will be tough and startups generally have a low probability of
survival compared to larger organizations which can survive market turbulence.
19. 19
Stretched Thin
You have you hat in every role within the company which consumes your time to focus on the
things you do best.
24. 24
Scale Intelligently
Because you contract with other freelancers, you don’t have to hire a staff quickly or regularly. You
can expand and contract as necessary to meet the oscillations of the market.
25. 25
Capture the Big Elephants
Find a client that is large enough to withstand the market shocks that way it can temporarily
shelter from surprises. It can also provide a steady flow of consistent income and even more
opportunities.
26. 26
Investing in Yourself
Building your business is an investment in yourself. Your accomplishments are a reflection of
yourself that you can trace directly to your efforts.