As we come close to the end of this semester, I feel as though I have been on a roller coaster! I must admit that a few months ago, the thought of being an entrepreneur was a very foreign idea for me, and yet my circumstances have shifted significantly, and now I have the opportunity to be an entrepreneur - by choice!
I have a few options:
1. Find another job in the Corporate world. The advantage of this is that it is low risk, guaranteed income and decent benefits
2. Set up my own business. My strategy with this is to set up a division within an existing organization. The advantage of this is that I own my destiny, the success of the business is entirely up to me. I need to depend on my own abilities. The disadvantage is - I might fail!
3. Buy a franchise. It is early days to see how successful this could be, but I am seriously considering looking at franchising options. I think this will allow me to build my own business, and also pursue other opportunities simultaneously.
4. An interesting opportunity presented itself this week. The timing was fascinating given our studies on philanthropy last week. I heard from a headhunter that wanted to discuss the role of CEO for Ronald McDonald Houses in Southern Alberta. This is a charity that I have volunteered with and that I believe strongly in. I doubt it would pay well, but would meet my needs to contribute to society.
When working through the Randy Haykin case study, I see that he leveraged circumstance to his advantage. He may not have left Viacom if they hadn't wanted him to move, but when he received severance, he was able to make choices that may have otherwise been unavailable. I am in the same situation.
It occurs to me that there is no obvious option. As time goes on, I realize that I may not be limited to just one option, I could buy a franchise AND do one of the other options as soon as everything is up and running.
I need to ensure that my decision becomes the subject of fasting and prayer - it is a significant crossroads that I need to ensure I manage with support from the Lord.
These are exciting and interesting times!
I have a few options:
1. Find another job in the Corporate world. The advantage of this is that it is low risk, guaranteed income and decent benefits
2. Set up my own business. My strategy with this is to set up a division within an existing organization. The advantage of this is that I own my destiny, the success of the business is entirely up to me. I need to depend on my own abilities. The disadvantage is - I might fail!
3. Buy a franchise. It is early days to see how successful this could be, but I am seriously considering looking at franchising options. I think this will allow me to build my own business, and also pursue other opportunities simultaneously.
4. An interesting opportunity presented itself this week. The timing was fascinating given our studies on philanthropy last week. I heard from a headhunter that wanted to discuss the role of CEO for Ronald McDonald Houses in Southern Alberta. This is a charity that I have volunteered with and that I believe strongly in. I doubt it would pay well, but would meet my needs to contribute to society.
When working through the Randy Haykin case study, I see that he leveraged circumstance to his advantage. He may not have left Viacom if they hadn't wanted him to move, but when he received severance, he was able to make choices that may have otherwise been unavailable. I am in the same situation.
It occurs to me that there is no obvious option. As time goes on, I realize that I may not be limited to just one option, I could buy a franchise AND do one of the other options as soon as everything is up and running.
I need to ensure that my decision becomes the subject of fasting and prayer - it is a significant crossroads that I need to ensure I manage with support from the Lord.
These are exciting and interesting times!
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