Becoming an entrepreneur means taking risks, right? Does this leap of faith have to be super perilous and terrifying? Are there ways in which you can take the necessary risks that suit you and your business and ensure the highest chance of success?
These are questions that prospective and even full time business owners have to answer all the time. Here at Fizzle, as supposed successful entrepreneurs we are still plagued by these issues and the concerns that come along with them!
In this episode, we unpack all of our thoughts about the transition, big jump or leap of faith to chasing your dream job. We talk about the usefulness of day jobs in making your vision possible, the different types of risk involved, taking advantage of opportunity and the things that can help you control this overwhelming experience.
We also talk about common misconceptions, power versus force and getting ready for take-off.
For this and much more, be sure to join for this episode!
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Key Points From This Episode:
- Funding your dream through a corporate job. [0:07:52.6]
- Shortening runways and holding onto income before flight is possible. [0:12:42.4]
- Maintaining a solid footing while transitioning into entrepreneurship. [0:15:17]
- Misconceptions around starting a successful business. [0:17:50.2]
- The difference between ego and financial types of risk. [0:23:04.1]
- Rebranding yourself, identity risks and the finality of making the jump. [0:26:18.8]
- The potential of failure and balancing this with grand ideas. [0:33:30.5]
- Moments of opportunity and reacting with the appropriate force. [0:40:01.4]
- A business’ relationship with time and public perception. [0:44:30.3]
- Putting yourself out there and creating good fortune through preparation. [0:45:55.4]
- The constant feeling of exhilaration. [48:30.0]
- Controlling what you can with a goal and a timeline. [0:55:08.2]
- Finding a risk option that suits you best and freedom from fear. [0:57:50.2]
- And much more!
Links Mentioned in Today’s Episode:
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The Top 10 Mistakes in Online Business
Every week we talk with entrepreneurs. We talk about what’s working and what isn’t. We talk about successes and failures. We spend time with complete newbies, seasoned veterans, and everything in between.
One topic that comes up over and over again with both groups is mistakes made in starting businesses. Newbies love to learn about mistakes so they can avoid them. Veterans love to talk about what they wish they had known when starting out.
These conversations have been fascinating, so we compiled a list of the 10 mistakes we hear most often into a nifty lil’ guide. Get the 10 Most Common Mistakes in Starting an Online Business here »