That is such a vast question. More book-length answers have been written about it over the years than you'd be able to count in a day. We're talking a pile of career/entrepreneur advice manuals higher than the Sears Tower.
Most of it boils down to "what's your basic nature", because life in an organization is so utterly, completely different from life as an entrepreneur, and although entrepreneurship gets a lot of good hype, in fact lots of people are way more happy, more productive, and make more money as part of an organization that they ever would as an entrepreneur. Given that I don't know you personally, and therefore can't make any valid guestimates on your basic nature, it's hard to advise, but I can tell you what I'd do: 1) In an employment situation, the only time you should be thinking about the job when not at work is during the commute there and back. Any more than that and there's a problem that has to be fixed, or it's time to move on.
They already get enough of your time. 2) Conversely, as an entrepreneur, it will grow to occupy 100% of your waking time. From the minute you wake up to the minute you go to sleep you will be thinking about your business on some level, full time, seven days a week, so don't do it unless it's something you're so passionate about that you just can't stand not giving it a tackle.
And have lots of money in the bank, because.... 2. A) You probably won't make a profit for the first couple'a years. For most startups, they don't start pulling a profit until some time between the third to the fifth year.
That's about all I have to offer in such limited time and space. Any more and it will grow to become yet another book-length tome to toss onto to the mile-high stack of career-advice books already in existence. So, once more time and In a nutshell, my rules of thumb are: i) If in an employment situation and if fretting about the job more than on the commute there and back, then it's time to change, ii) don't do the entrepreneurship unless it's something you're so passionate about that you *want* to be thinking about it 24/7, and iii) if you decide to go for the entrepreneurship, make sure you can support yourself from savings and investments for at least two years because you probably won't start pulling a profit until year three... maybe even year five.
Good luck with your decision.
Simply put, when the challenge in your current position is not motivating enough for you to wake up and go to work...it is time. Your mind needs to be challenged with your profession and not politics. Political drama in the workplace as of late is a real problem and due to our economy making people work in places where they are not happy.
From your writing above, it seems that you have been handed the short stick and not being accredited with your output...a definite sign to move on. With everything you have stated, it is obvious....u are pissed off, unhappy, unmotivated.....THUS it is time for you to move on. As for going out on your own...hard for me to gauge since that is very industry specific.
Good question. Your story sets me thinking. I have been thinking on similar question before.
I have also encountered many “office politics� During my career life. Seems like it’s the norm in career.
Sigh. Some humble opinions: Some “framework� Or “theories�
That maybe useful: 1. Maslow’s Consider where you are now. 2. Consider your life as different resource accounts of wealth, health (physical & mental), knowledge, family (quality time with family), network (for e.
G friends), reputation. Consider your current position in these accounts. Time is the only resource everyone have equally.
The others some may endow with more. Life is a process of one resource in exchange of other resources. The reasons we work in current position vs new position/entrepreneurship: relatively higher increase in wealth (monetary gain/protection); in health (like the job, fulfilment); knowledge (good training); network (colleagues, mentors, friends etc..); reputation (ethics, awards, titles, trustworthiness, diligence etc..).
3. Utility concept and diminishing utility Importance of different accounts is different for different peoples depends on its current position in the account. Its utility diminishes once in relative abundance, for e.
G increment of $100 per month is a good incentive for a person in need of money but not good incentive for a wealthy person; an extra 1 hr rest is a good incentive for a person with bad health compared to one with good health.. 4. Evaluation of skillset needs and gaps for your current job and the new job/entrepreneurship that you desired. This determines how easily you switch to another job or become an entrepreneur.
Beware of becoming an entrepreneur just to exit from a bad job. Make sure you have the relevant skillsets required or be able to seek help for skillsets that you lack. It’s good that someone can acquire these skills while still holding a job (and acquire wealth, knowledge, network, reputation which will be useful in entrepreneurship).
5. Cost-benefit analysis Considering all resource accounts cost-benefit, its utility to you and evaluation of skillset need. Choose the best option available.
6. Some other ideas: Uphold your “reputation� , don’t let it smear your track record.
Get hold of data that can prove your innocence. I think reputation is very important when you move very high up. Make sure you get all deserved references and severance package if leaving the company.Be financially free so that you don’t have to worry about money and free to utilize your potentials.
What is the field that you intend to venture into? I have compiled some entrepreneurship resources in my blog’s bloglists. John Nesheim’s book is good.
(I wonder whether there is a way to discuss (like a forum) besides “commentâ€? In Mahalo. €œCommentâ€?
May not be directly relevant to the question posed.).
If you are unhappy working for someone else and hate your job then I would say that it a HUGE sign. I started my own business (well psychological practice) as soon as I completed my PhD because I knew I couldn't be happy working for others. Some of us wither away under the thumb of someone else and we need to branch out on our own to bloom.In my practice I can make my own decisions and side step the drama that occurs in larger businesses.
Believe me it is so much better to actually focus on the work that you do instead of all the personality conflicts and work drama that can be so frustrating. I think you owe it to yourself to try to start your own company because if you don't you may always wish you had or wonder what would have been. I think most people get to the point where they just get so fed up with being told what to do or being taken advantage of.
When you get to that point, it is time to move on to something new. It is certainly a good motivator because you don't want to have to go back to the place you were mistreated.
I do believe that the option should always be at the ready the right time to become an entrepreneur, because we could never know when our full time jobs will fail or get laid off.
With the ongoing economic crisis it's only logical to have a back-up plan on the ready. We never know when we are going to get laid off from work, or be forced to re.
I think at following time we decide that it's time to find a new job / become an entrepreneur! 1) When you finished your studies and sit at home whole day 2) When you have not another job 3) When you have fired from your first job 4) When you not much money even you have buy a hotdog 5) When you want to purchase a mobile,i phone ,computer,bike and you have not money! 6) When you are not able to take your girlfriend on a trip.7) When your father get retuirment 8) And most important when your children get hungry and your are not able to feed them!
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.