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79. From corporate job to business owner: 10 tips on how to make the transition.

career advancement career change career planning leadership portfolio career
The Job Hunting Podcast Episode 79

10 tips on transitioning from a corporate job to being a business owner

I don't claim to be a small business consultant. I love career planning and coaching corporate professionals. However, during the coaching process, a client will eventually decide they want out from time to time! When that happens, I share how I transitioned from a corporate employee to a business owner since I have personal experience of starting a business twice. I learned a lot along the way.

This is most definitely a one-off episode. So if you are curious about what I've done to grow my business, how I do it now, how it's going, the tools I use, etc., then listen to this episode because I don't plan to talk about this anymore for a long time!

And this is the truth: I have a handful of clients at the moment who I'm sure have signed up with me because of how I managed to grow my expertise and start my business the way I did. They are doing a very similar transition (i.e., holding on to their corporate jobs until they are ready to fly solo!), and I love coaching them!

Here is the question I have for you: Are you ready to be a business owner? Is having a business a goal you want to work towards, so you can achieve it in a few years?

In this episode of The Job Hunting Podcast, I discuss the following 10 tips I recommend to help you transition from a corporate job to owning your own business in the future:

My 10 Tips and Podcast Episode Timestamps:

  • 05:00 - 1. Let the idea "percolate" for a while!
  • 06:14 - 2. Validate your business idea before going to market.
  • 08:25 - 3. Have enough savings to support the first 12 months.
  • 10:16 - 4. Before you embark on being a business owner, learn how to take care of your personal affairs!
  • 12:19 - 5. Get help from the get-go.
  • 14:35 - 6. Even with all the preparation above, there are still things you won't know how to do, and that's where you should invest in.
  • 23:11 - 7. Get ready to get busy.
  • 25:26 - 8. Be careful whose advice you follow.
  • 28:47 - 9. Be careful how you spend your money, especially with vanity metrics or expenses that are not right for your business size.
  • 30:53 - 10. Be patient and be positive!

Links mentioned in this episode:

Are you new to The Job Hunting Podcast? 

Hello, I’m Renata Bernarde, the Host of The Job Hunting Podcast. I’m also an executive coach, job hunting expert, and career strategist. I teach corporate, non-profit, and public professionals the steps and frameworks to help them find great jobs, change, and advance their careers with confidence and less stress. 

If you are 1) an ambitious professional who is keen to develop a robust career plan, 2) looking to find your next job or promotion, or 3) you want to keep a finger on the pulse of the job market so that when you are ready, and an opportunity arises, you can hit the ground running – then this podcast is for you. In addition to The Job Hunting Podcast, I have developed a range of courses and services for professionals in career or job transition. And, of course, I also coach private clients. 

So there is no excuse – I’m determined to help you! I want you to feel empowered, nail your next job, and have the career you want.

Please support The Job Hunting Podcast: Follow, subscribe, share, rate, and review:

Thank you so much again for listening to the episode. If you enjoyed the content, please leave us a review and give it a 5-star rating on your podcast platform of choice. A review is the best gift you can give to a podcaster; I'll be so happy you wouldn't believe it! Writing a review and giving it five stars helps the podcast reach more people like you who want guidance and support in job hunting and career advancement. You can subscribe, listen, rate & review The Job Hunting Podcast on:

Enjoy the episode and ciao for now!

RB

Renata Bernarde | Job Hunting Expert | Founder, Pantala Academy

Book a time to discuss 1-1 coaching and achieve your goals faster

[email protected]

www.renatabernarde.com

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I cannot recommend it highly enough.

To my friends and colleagues who are currently job hunting, this podcast is for you. Renata Bernarde and her stellar line up of guests very generously share their perspective, advice, behind-the-scene secrets, tips, and anecdotes. "It's called The Job Hunting Podcast (it is what it says on the tin!) Guests include Anita Ziemer, Michelle Redfern, Mohit Bhargava. I cannot recommend it highly enough. Run. Don't Walk." - LinkedIn post shared by Amber Knight.

We listened, and we both got jobs!

"I am writing to let you know that I got a job. I found The Job Hunting Podcast because a friend of mine recommended it, and he also was successful in his job search. Your podcast tips and chats with guests helped me prepare for my job interview. My new position is a gateway to the organization and will allow me to grow as a professional. Thank you for the incredible work you do! We listened to your episodes and assimilated all the learnings." - Listener from New Zealand.

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