Many people start a business to “be my own boss” or “find meaning in my work.” Yet increasingly I talk to clients who have an even better reason: “It makes more sense.”
Let’s say you join a company, degree in hand, at entry level. You move up the ladder for fifteen, twenty, even twenty-five years. Now you’re a senior manager in your mid-forties or early fifties. And you get laid off.
Or you’ve established a high profile. You may be a politician, a senior bank official or a broadcaster. Following your much-publicized firing, you can’t just show up on a corporate doorstep to apply for a job. If you’re not invited in, you’ll be left in the cold.
Despite the siren call of business ownership, I find clients often resist the idea. “I just want another job,” some say. “With benefits.” [Read more…] about Job vs. Business: Risk Revisited