“Every great dream begins with a dreamer. Always remember, you have within you the strength, the patience, and the passion to reach for the stars to change the world.”
– Harriet Tubman
Huge numbers of people want to transition from their full-time job to something more fulfilling and on-purpose. But far fewer people have a clear sense of exactly how they’re going to make that move, and what it’s going to look like. Over the next five weeks, we’ll be walking through the five main “transition strategies” involved in starting your own venture, and will highlight some of the key advantages and disadvantages of each. As you read through the five strategies, you’ll start to get a sense of which strategy (or combination of strategies) makes the most sense for you.
Transition Strategy 1 – Parallel Jump
The first transition strategy is what I call the Parallel Jump. With this strategy, you build up your new venture alongside your current job until the new venture is generating enough stable income to meet your needs. Basically, you stay in your job until your new venture(s) is/are providing sufficient stable income.
This strategy carries certain pros and cons (as they all do):
Pros / Advantages:
• Provides steady or even increased income.
• Allows time for developing your skills and growing your new venture.
• Job provides a potential “sandbox” for practicing new skills.
• Job provides funds for training and development of new venture.
• Encourages gradual development of an entrepreneurial mindset.
Cons / Disadvantages
• Less free time available for leisure activities because you’re spending it working on your passion.
Next week we’ll be looking at Transition Strategy 2, the Incremental Jump (this is the one I used when I transitioned from being a project manager to being a trainer and executive coach).
By the way, if you’re looking to transition, this week I’m doing an up-close, frank and personal 3-hour group coaching session on what it takes for you to go from paid employment to doing work you love and find fulfilling / on-purpose. We’re going to be exploring lifestyle (what’s it actually like?), compatibility (are you cut out for this?), direction (what’s the right one for you?) and impact. You can join us either live in London at Regents University, or virtually via live stream from wherever you are in the world. The ticket price is low, and there are a limited number of places on the two sessions. You can watch the video, find out more and book your place here: https://www.jamiesmart.com/confidential/
Sunday Times Bestselling Author, Speaker and Executive Coach
PLUS: Whenever you’re ready… here are 4 ways I can help you get the clarity and results that matter to you:
1. Hire me to speak at your event
If you want an entertaining and impactful keynote speech or breakout session for your conference, offsite or town hall meeting, email Nikki at email@example.com and type “Keynote” in the subject line.
2. Apply for the 2017 intake of the Certified Clarity Coach Training Programme
If you want to be part of the class of 2017, this year’s intake of the Certified Clarity Coach Training Programme starts in September. You can find all the details and get your application in here: https://www.jamiesmart.com/clarity-coach-training-sh/
3. Join the Exponential Practice Professional Group
Join the Exponential Practice Professional Group and connect with the growing community of like-minded transformation professionals who are passionate about exponentially increasing their grounding, impact and their livelihood. You can join for free at www.JamieSmart.com/expo
4. Join the next intake of Project Glasswing
We’re putting together a new practice-building case study group at Coaching Package Power this month. Stay tuned for details… If you’d like to work with me and my team on growing your practice… email Nikki at firstname.lastname@example.org and type “Project Glasswing” in the subject line.
PLUS: check these out :
Get your free Exponential Practice Scorecard book www.JamieSmart.com/scorecar
Listen to the Results Mindset Podcast www.JamieSmart.com/resultspodcast
Listen to Your Exponential Practice Podcast www.JamieSmart.com/pod
Read the first 2 chapters of my Sunday Times Bestseller RESULTS: Think Less, Achieve More www.JamieSmart.com/instantresults