Episode 121
098: How to Design your work and Transition from Employee to Entrepreneur with Stephen Warley
Show highlights include:
- The “decision shift” to do more work
- How getting laid off was the best thing that happened to Stephen
- Should you go get an MBA?
- The niche tribe model - find a group of people you have existing connections with who value your product/services
- Find a problem to solve and become the go-to person for that niche
- Step 1: Stop believing that you can’t work for yourself
- Step 2: Start researching career and business options: “what would I do?”
- Biggest mistake new entrepreneurs make: they don’t talk to enough people
- Important life skill: tell your story and lead with where you are going
- You are the first resource of your business and its biggest obstacle
- You have to really get to know yourself: strengths, weaknesses, etc.
- You need to understand your “peak performance period”
- Check in on your energy every hour throughout the day
- Try tracking your time and screen time for a day
- Stephen is a big advocate of the “transition” from employee to entrepreneur
- Easiest thing to do is become a contractor, consultant or freelancer and get some clients
- Why you should marry a problem, not a solution
- How to research a problem and find solutions
- Start journaling and recording ideas and look for patterns
- Addressing the biggest concerns of going into business for yourself
- How to get comfortable with sales: Sales is really about solving problems
- Make friends, not connections
Links:
- Life Skills that Matter Challenge
- Life Skills that Matter
- Entrepreneur Hot Seat Hot Seat
- Connect with Andy on LinkedIn!
- Stephen Warley's LinkedIn profile
For questions, comments and guest suggestions, contact the host, Andy Storch, at andystorch@gmail.com