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Flipping Your 9-to-5 Into Your Own Business

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What this is not, is a blueprint to Ray Kroc the game, but really just a different perspective and way to approach a day job, with intentions of “firing your boss.” The most important component is knowledge and the use of it. Here are three ways to leverage your knowledge and apply it, at differing degrees of aggressiveness toward your employer.

 

1. Take it and go at it on your own.

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Let’s say you work at an office, doing your company’s books, or handling their shipping, or some type of vital task that can translate to other businesses. The first thought is, “I’ll get my experience up, it will look good on a resume, and I can shop around for a better job.” And while that is a good way to move up the pay scale, you could always take that information and know-how, now that you are a subject matter expert, and start shopping yourself around to different companies to hire you (and your newly founded company). They go from being your employer, to your client. Those books you were handling for your job has given you enough knowledge (assuming you were good at your job) and credibility that you can now offer Joe’s Coffee Shop your services for a negotiated fee. And if you get several clients, you now are a successful entrepreneur.

 

2. Work with your company.

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No company runs 100% efficiently, and working somewhere, you begin to spot what your company is lacking. Let’s say your job sells shirts but has a hard time keeping a supply of consistent quality fabric to print on. While you could research, shop around, and provide them a solution, as their employee, you could do that same due diligence with intentions of becoming the supplier of that material. Now you have gone from a middleman that makes nothing out of the transaction to the plug. In this scenario, you didn’t take the knowledge of an in-demand facet of the business, you took the knowledge of the company’s short-comings or vulnerabilities and made an opportunity out of it.

 

3. Work against your company.

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And then there’s the “F’ You,” path. In this scenario, you take the knowledge gained from your 9-to-5 and apply it in a far more aggressive manner. Let’s say you work in a restaurant, you cook, and you learn how this company makes their very pizza. You begin showing interest in other areas of the business, all while figuring out how to improve on what they do. You take your pizza knowledge across town to your own venue, make the improvements in the food and/or processes that your old employer couldn’t or wouldn’t, and now you are competing with your old job, with better product and practices.

 

Whichever path you take, or none of the above, keep in mind, there’s always something someone will pay you more for than your employer will. Stay on the path to self-employment and make it happen, so that we can one day spotlight you and your story here at cosignmag.com.

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