The conversation explores the challenges and advice for aspiring entrepreneurs, the misconception of job security, and the self-discovery of being an entrepreneur. It also delves into the surprising aspects of being an entrepreneur and the desire to travel to Denmark.
Stay tuned for the full episode on June 10, 2024
Takeaways
- Aspiring entrepreneurs should recognize that they already have a team to support them.
- Job security is a misconception, and entrepreneurship is not necessarily riskier than being an employee.
- Self-discovery as an entrepreneur involves learning to be a good boss to oneself and seeking accountability partners.
- Denmark is an appealing destination due to its reputation as one of the happiest countries in the world.
- Previous episode mentioned: Ep. 17 Building Your Own Table: Thrive Where You're Valued & Appreciated
Sound Bites
- "Don't think that you're on your own starting off all by yourself just because you don't have employees doesn't mean you don't have a team."
- "The safe and responsible thing to do is stay an employee because that is safe. But it's not actually any safer than being an entrepreneur."
- "The most surprising thing I have learned about myself since becoming an entrepreneur is that I am a great employee, but I am a terrible boss to myself sometimes."
Chapters
00:00 Navigating Entrepreneurship Challenges
01:42 Misconceptions About Job Security
04:23 Self-Discovery as an Entrepreneur
06:04 The Allure of Denmark
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[00:00:00] Here's a quick cut preview of an upcoming episode of the Work It Live It On It, Podcast.
[00:00:07] What advice would you offer aspiring entrepreneurs who are hesitant to leave their current
[00:00:18] jobs and pursue their passions?
[00:00:20] Yes, I would say well you have a team, right?
[00:00:23] Don't think that you're on your own starting off out by yourself, because you don't have
[00:00:27] employees, doesn't mean you don't have a team.
[00:00:29] Maybe your team is your partner or your sisters, you have people you can ask for help
[00:00:34] and learning to receive help without shame is the number one thing that's going to
[00:00:40] help skyrocket you as an entrepreneur.
[00:00:42] And any business you decide to start know that your team is already there, you can start
[00:00:47] asking them right now for help and support.
[00:00:50] Whether that looks like asking for capital or asking for help making connections or asking
[00:00:56] for someone to watch your kid for two hours while you figure some stuff out.
[00:01:00] My second piece of advice would be if you're holding yourself back from leaving a full
[00:01:05] time job and transitioning into entrepreneurship.
[00:01:08] I want to make sure you're not doing it because you think that having like a W2 job
[00:01:14] where you're an employee is a safe bet, because as a matter of how cushy the job is
[00:01:19] or how much money you're making or how stable they want you to think it is, doesn't
[00:01:24] matter if they say our job is a family reality is that if something happens and then you
[00:01:29] need to lay people off, they're not going to lose sleep over letting you go.
[00:01:33] I know so many people who are in tech jobs right now, who are going through layoffs after
[00:01:38] layoffs after layoffs because things are changing fast.
[00:01:42] If I had stayed in my job at the university right through the pandemic, all of the people
[00:01:46] got laid off from university is doing the pandemic because people weren't coming to colleges
[00:01:51] in the same way.
[00:01:52] We were changing the whole way we do education.
[00:01:55] There's a strong message coming at entrepreneurs and especially women and especially women
[00:02:01] who have families that the safe and responsible thing to do is stay and employ you because
[00:02:06] that is safe.
[00:02:07] But it's not actually any safer than being an entrepreneur, it's just someone else's success
[00:02:13] or failure is the dictates whether you have a job and a paycheck instead of your own.
[00:02:18] So if you're keeping yourself small because you think it's the safer option, just zoom
[00:02:23] out real big and look around.
[00:02:25] Remember that that's the story that we've been telling ourselves that may or may not have
[00:02:30] been true at some time in the past but it's not necessarily true right now.
[00:02:34] So if it's not true, does that change the way you feel about starting your own business
[00:02:39] now?
[00:02:40] And if it does, go for that.
[00:02:41] Because what you just said right there actually feeds into this statistic, I mentioned
[00:02:47] in a previous episode that men are more apt to leave a job where they are uncomfortable
[00:02:56] with, they are fighting depression where there's a lot of stress.
[00:02:59] They will walk away, take a pay cut for happiness.
[00:03:03] Where asked statistically as women we feel I got a hold onto this job because it means
[00:03:09] security and as women I think a lot of us, I know for me, security is a big thing.
[00:03:15] I want security and you think that that nine to five with the health benefits and I'm not
[00:03:20] taking away from that because health insurance is very important but we'll hold on and we will
[00:03:25] suffer.
[00:03:26] We will allow ourselves to be talked down to discredited, devalued for that nine to five.
[00:03:33] So you brought up a good point.
[00:03:34] Don't think that that job is ultimately secure.
[00:03:38] I've worked in education for over 20 years and I can tell you there have been times that
[00:03:43] I've lost my position, even in education.
[00:03:46] Nothing is secure under the sun but if you're willing to put in the work to make it happen
[00:03:53] for yourself, having a schedule that's going to work for you because hey if you think about
[00:03:57] it yes, if you had a brick and mortar you had that coffee shop then you got to be open
[00:04:01] for business.
[00:04:02] Got two repertoire questions for you.
[00:04:04] Are you ready?
[00:04:05] I am.
[00:04:06] What's the most surprising thing you've learned about yourself since becoming an entrepreneur?
[00:04:11] The most surprising thing I have learned about myself since becoming an entrepreneur is that
[00:04:17] I am a great employee but I am a terrible boss to myself.
[00:04:23] I'm not a mean boss but I'm not always the most assertive.
[00:04:27] Right, a good boss is going to give you structure and boundaries and direction clear goals
[00:04:33] to reach and sometimes I struggle with doing that.
[00:04:36] I can show up for other people above and beyond but in my own business it's really hard
[00:04:42] to do that because my boss is Lee and she's too lenient, she's too lenient sometimes.
[00:04:47] We can be so lenient on ourselves, absolutely when we're given structure and tasks some
[00:04:53] of us do great without it and they can focus and then point and then some of us we're
[00:04:58] just Lucy Goosey, we just fly by the seat of our pants and we're wrote we go rogue.
[00:05:04] So I get it great.
[00:05:05] If instead of hiring like a virtual assistant we get a higher like a virtual boss to just
[00:05:09] like, I listen to you.
[00:05:12] I think money doesn't do better stuff and all right, I think we can get accountability
[00:05:16] partners that can say okay what are your goals for the week and then check in or even
[00:05:21] those groups like you talk about what are some things that we're going to focus on for
[00:05:25] this month and then check in.
[00:05:27] Yeah, I get it.
[00:05:28] We can get accountability partners with someone to check in with us at least once a month
[00:05:32] minimal to hold us accountable, hold our feet to the fire as it were.
[00:05:36] Second question for you, if you could travel anywhere in the world tomorrow where would
[00:05:43] you go and why my gosh I would go to Denmark okay, I'm going to go again specifically
[00:05:48] it's been on my list for a while.
[00:05:50] I am obsessed with Denmark like it's either the number one or number two happiest country
[00:05:55] in the world.
[00:05:56] I'm a life coach right like I want to help people find happiness.
[00:05:59] I feel like this is ready to go.
[00:06:00] This is my need to learn from like why are they so happy how can we out this?
[00:06:04] Also, I think it's just beautiful in picture-ast.
[00:06:06] I love this sort of the Scandinavian country is with all the water and canals and the

