Minding My Business!

Are you seeing what I’m seeing? Every time I’ve logged into LinkedIn, someone else is being Laid off. The unfortunate thing is the scale is happening with the larger corporations (White Collar Level) . I’ve seen Amazon, Meta, and Pepsi. These are Billion dollar companies trimming the budget in the form of people. Now this shift could be looked at in multiple ways… I choose to look at it this way…. America is changing the structure of the way they do business, and if we don’t hurry and tap in to the structure change we’ll be altering our lifestyles making some difficult decisions about our future and of the future of our children. I’m sure your asking.. Well what is the Structure Change? The change is everything society has taught us about being successful. You must have a Bachelor’s or Masters Degree (or better) to be selected, choosen, HIRED for the best positions most importantly the highest Salaries. Humm Yeah, but check this out…

The Small businesses, Sole Proprietors, Freelancers and Contractors are becoming the new American Dream. Why? How? We all know when the pandemic hit, it changed the trajectory of our normal. Placing employees on remote or Hybrid assignment. Now Having to work from home gave the W-2 employee a taste of what it feels like to be home with family and still make a living.  At the same time companies saw what it looked like not have a office filled with employees and still have a well oiled operation. While the world had changed has we knew it, one thing remained the same. Americans love freedom! Honestly It felt like employees were more productive, and less stressed. Simply because they were no longer in the hustle and bustle of the 9-5 and everything that came with it. As the pandemic dwindled in American we began to think differently. Not going into the office just felt good. It gave us a new outlook on life. According too Apollotechnical.com now over 50% of Americas desire to work remotely (68%). Which brings me to my question. Why are some professionals changing the way they do their careers?  Here's what I mean.. To date (May 18th 23’) 168,243 Men and women have been laid off according to layoffs.fyi.com However don't remain laid off. They are getting hired at smaller Firms/Companies or Starups. Yes, that’s right the white collar board members are sitting at a new table and it’s called Business Ownership …… feeling Free, Renewed and Refreshed ready to take on the world. You know Starting a business can be a daunting task though, but with the right guidance, anyone can become a successful entrepreneur. I've listed five essential steps to starting your own business.

1. Develop a business idea - The first step to starting your own business is to come up with an idea. This could be anything from a product or service you are passionate about, to a solution to a problem you have identified.

2. Create a business plan - Once you have a business idea, the next step is to create a detailed business plan. This should include your goals, target market, marketing strategy, financial projections, and any other important information about your business.

3. Register your business - Before you can start operating your business, you need to register it with the relevant authorities. This may include registering your business name, obtaining any necessary licenses or permits, and setting up your tax and legal structures.

4. Secure funding - Starting a business can be expensive, so it's important to secure funding to get your business off the ground. This could include using your savings, applying for a loan, or finding investors.

5. Launch your business - Once you have completed all the necessary steps, it's time to launch your business. This could involve building a website, creating marketing materials, and promoting your business to your target audience.

Starting your own business can be a challenging but rewarding experience. By following these essential steps, you'll be well on your way to becoming a successful entrepreneur. However, there are many resources available for people starting their own business. Straight out of being a W-9 Employee. Support is important and could make its little easier to transition into it's world. Some additional tips include:

1. Network with other entrepreneurs - Join local business groups or attend networking events to meet other entrepreneurs. You can learn from their experiences and get valuable advice.

2. Consider a mentor - Finding a mentor who has experience in your industry can be a great way to get guidance and support.

3. Use online resources - There are many websites and online courses that can help you learn about business management, marketing, and other important topics.

4. Stay organized - Keep track of your finances, sales, and other important data. This will help you make informed decisions as your business grows.

5. Be adaptable - Starting a business can be unpredictable, so be prepared to pivot if necessary.

Remember, starting a business takes time and effort. But with the right mindset, Hustle and, passion for what your good at. You can turn your dream into a reality. Stay focus and Mind your Business. You got this!

To start your own business I've listed some partners that'll make it easy for you to transition into the entrepreneurial life......

The Read that Changed your life!