Why Entrepreneurship is Exploding During Coronavirus: How To Break Free & Leave Your Job |
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https://www.youtube.com/user/westfallonline?sub_confirmation=1 Entrepreneurship is exploding right now, according to a new article from Forbes. With millions of Americans unemployed, entrepreneurship is thriving. Instead of applying for jobs, entrepreneurs are creating jobs. Maybe you're one of the lucky ones - and you're still employed and your industry hasn't been punished by the pandemic. But what if you have a toxic boss, or you just hate your job (for whatever reason)? It may seem like it's not easy to leave your job. Maybe you're wondering where to look, for your next opportunity. • So, how do you know if you should quit your job? • When is the right time to launch a business, or grab a side hustle? Especially with all the uncertainty of the pandemic! Can you make money, without having a job? (Yes, of course you can - and you don't have to turn to a life of crime or beg anyone for money :-) • How can you know if a new gig is what's right for you? Originally recorded as a LinkedIn Live /Facebook live via Restream (restream.io), this video features Forbes contributor and business coach, Chris Westfall, talking about how you can find what's missing - and move forward, even during times of uncertainty. While the country has lost over 10.7 million jobs since February, according to reports from CNN, new businesses launches are exploding. In the midst of uncertainty surrounding the economy and the pushme-pullyou stimulus package, American entrepreneurship is driving signs of recovery. For the week of October 3, applications for new businesses are up 40% vs. one year ago. If you’re frustrated with your career, or the lack of one, it might be time to stop looking for your next job. Why not create one instead? Is it time to launch your own business, and take matters into your own hands? There are a lot of considerations when it comes to going out on your own. Remember that slogan, “follow your bliss”? Like lots of motivational sayings, it reads better than it works. Bliss is not a business plan. While it’s important to do what you enjoy, it’s crucial that you are paid for your efforts. Otherwise, you’ve got what Carol Roth calls a “jobby”. In her book, The EntrepreneurEquation, the FOX News contributor outlines a plan for turning your bliss into your business. Happiness matters, but it doesn’t show up on a balance sheet. When you are creating your own opportunity, you build on what psychologists call an “internal locus of control”. That’s the feeling of having your hands on the wheel, and being in the driver’s seat for your livelihood. Just make sure your business vehicle is one that throws off some cash. Because bliss doesn’t feed the bulldog. But what does feed the bulldog - and your soul - while still paying the rent? What's the best way to test your own entrepreneurial spirit, and find out if you have what it takes to go out on your own, access the gig economy and become an entrepreneur? Chris Westfall works with thousands of entrepreneurs every year, as a business coach. His clients have appeared on Shark Tank, Dragons Den in Canada and even Shark Tank Australia. He's been a part of launching over 60 businesses, and his strategies have helped raise over $100 Million in capital investment for entrepreneurs. He's been the official "Pitch Coach" for entrepreneurs at the fifth-largest university in the United States, since 2013 - where he's worked with Gen Z and Millennials to develop powerful career leadership strategies. He's the author of "BulletProof Branding", "The NEW Elevator Pitch" and "Leadership Language". A sought after keynote speaker and media interview, he's appeared on ABC NEWS, CNN, NBC TV and many other media outlets. Follow Chris on Forbes: http://bit.ly/Forbes-CW Learn more on his website: http://westfallonline.com Set up a time to talk about your next business venture, leadership initiative or investor pitch here: http://bit.ly/meetingsetup |