Time to Become an Entrepreneur?

Author: AB Staff

Time to Become an Entrepreneur?

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What are you going to do post-pandemic?

When the lockdowns started, we realized the idea of this being temporary with everyone returning to the “old normal”, was as ridiculous as letting the Jeannie out of the bottle: once changed, we can’t return to the original state.

If you’re like a lot of people, the pandemic gave you the time to reconsider your priorities. Before, you made time-money tradeoffs; you made tradeoffs between time, money, relationships, health, passion, purpose, leisure, etc., and prioritized many of the issues within them. For instance, to build a career that could bring many financial rewards, you commuted each way for an hour, spent 25% of your time flying to and from coastal meetings, hired a nanny to take care of your young children, etc.  Zoom proved you could talk and sell to clients without leaving the apartment AND take care of your children yourself. Both ways have stress, but suddenly lifestyle fulfillment gained the upper hand.

Now, many people are quitting the jobs they had and looking for new ones that will provide rewards to meet current needs. Some will start their own businesses and, if they like it enough, become serial entrepreneurs.   Not everyone is suited to be an entrepreneur and not all business ideas will work. 

The key is to get support from a community of entrepreneurs and investors who can help you make the best decision. As a serial entrepreneur, entrepreneurship teacher, and executive coach for CEOs, most of whom founded companies, I appreciate how invaluable connecting with others can be. Indeed, so do most entrepreneurs; here’s one sample article: “6 Business Lessons from a Successful Entrepreneur”.

To get you started, here are some resources to consider.

  1. Is entrepreneurship right for me?  Take one or more of these assessments:
    1. https://hbr.org/2010/02/should-you-be-an-entrepreneur
    1. https://www.bbc.com/news/business-33851439
    1. https://www.bizmove.com/other/quiz.htm
    1. https://quiz.infusionsoft.com/
    1. https://www.cnbc.com/2021/05/07/think-you-should-be-an-entrepreneur-this-quiz-is-for-you.html

  2. Books on entrepreneurship and start-ups:

a.       The Young Entrepreneur’s Guide to Starting and Running a Business: Turn Your Ideas into Money!

b.       How I Built This: The Unexpected Paths to Success from the World’s Most Inspiring Entrepreneurs

c.       The Entrepreneur Roller Coaster: It’s Your Turn to #JoinTheRide

d.      The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses

e.      The Lean Product Playbook: How to Innovate with Minimum Viable Products and Rapid Customer Feedback

 While there are countless other resources (e.g., books, magazines, groups, courses, conferences etc.) available to entrepreneurs. Take advantage of some.

Stay updated with Age Brilliantly!

Are you interested in working with other Age Brilliantly members – people committed to leading fulfilling, elongated lives (possibly to 100+) and recognize For us, passion, purpose, health, wealth, relationships, and legacy are important parts of the entrepreneurial journey? If so, let us know and we’ll form a SIG – Special Interest Group – so Age Brilliantly members to share information, inspiration, support, tools and resources to launch and support your ventures.  Members can help with market research and as advisors ! to do so:

 join our Forum on AgeBrilliantly.org?   or join our Facebook group —
ASHLEY DISCUSS with me the best way to do this. Then re-write this.)  
We’ll be sharing more information about this SIG before the end of the year with interested members.