In this land of opportunity, there is sometimes adversity.
What’s the solution? Plan B.
If you are ready to start-up a business until you find another job or take on a few freelance assignments while looking for a job–plan ahead.
Plan B can work for you. First, surround yourself with great people. Colleagues who believe in you and who can encourage your success. Your network of contacts who can be potential referral sources. And, mentors to guide you on successful first steps.
1. Decide up front is this a short term path or long-term future.
2. Form a business, even a sole proprietorship. It helps when managing your taxes.
3. On one page define your business vision, sales goal, net earnings (income for you after expenses) and how you are going to secure those sales.
4. Meet with a mentor to review your plan. Identify expenses and set sales targets. Get feedback. Ask questions to help you hone your plan.
Talk over your idea. Think about your business direction. Map out a plan of action. Get advice, feedback and support Get a SCORE mentor.