I`ve been hearing about this for the past five years or so, as Kathy and I have struggled to bootstrap our business into a solid revenue stream. "My job is about to be shut down, but I need an income! What can I do to start a small business?"
A couple of variables to consider: In many cases, corporate employees
are earning many times more than they`ll be able to get either in the
small business sector, or in the first few years of a startup venture.
Additionally, many people facing loss of career also have a family to
support, so it`s not themselves alone.
What advice do you have for people about to become "Incentivized Entrepreneurs?" :-)
Perhaps you`ve had to go through this directly, where you`ve had your
job outsourced? What did you do first? What did you forget to do?
What sort of denial were you in to?
If you had to do it all over again, and you knew 1 year in advance that
you were about to lose your job (and/or career), what would you do