Why You Would Be VERY Wise To Start A Business While You Still Have Your Day Job

"You must be in business for yourself, you'll never get rich working for someone else." - J. Paul Getty in his book titled "How To Get Rich".

FREE One-Hour Talk For Prospective Retirees/Employees

Click here to learn how you can invite me to deliver a FREE Talk titled "Going From Salary To Self-Employment: Ten Crucial Considerations That WILL Determine Your Success Or Failure" to prospective retirees in your organisation.

The Current Situation

Too often we have seen many people spend a significantly disproportionate period of their lives working single mindedly for their employers. Then one day, they come to the shocking realisation that they have to leave the company having arrived at the prescribed maximum age limit.

Many find themselves confused, not knowing where to start from - even though they leave the company with substantial monetary and other retirement benefits. They are unable to come up with viable business ideas they are sure guarantee sustainable results.

Incidentally, the pre-retirement courses many prospective retirees are made to attend just before they leave their companies often stop short of giving them practical exposure to the real-life business opportunities and challenges they are destined to face.

The Problem

One could say this should not present much of a problem, as it should not be unreasonable to expect such retirees to find people who can help them decide what to do i.e. where to invest their hard earned retirement benefits etc. The sad reality is that many of the retirees stand the risk of being "taken to the cleaners" by unscrupulous individuals who might decide to exploit the latters' lack of know-how in the areas of business they settle for.

In addition there is - in Nigeria - a frustrating dearth of information, learning resources and facilities to assist retirees in preparing themselves to enter into the "real world". As a result, they tend to venture into businesses of all sorts - some of which are actually lucrative - without adequate preparation. The stress/pain resulting from the trial and error approach they are forced to adopt ultimately takes its toll on them, leading to frustration.

The Alternative Proposed

The above makes it quite obvious that a glaring need exists for prospective retirees to better prepare themselves to startup and run their own businesses when they re-enter the real world. It has been said that retirement becomes a burden when people are not psychologically prepared for it.

What we see in our society daily confirms that this foregoing statement is indeed true for very many people. What is therefore needed is an alternative that will henceforth save prospective retirees the unnecessary pain and frustration that many before now have had to go through.

Be Careful - What You Bring From Paid Employment Will Not FULLY Prepare You

Let me tell you this. No matter how many years of workplace experience you have acquired in paid employment. No matter how many board meetings you have chaired. Nothing and I do mean NOTHING can possibly FULLY prepare you for the very hard knocks you WILL get when you eventually leave the security of paid employment to attempt earning a living running your own business.

Nothing they teach in MBA school prepares you to deal with the unpredictability of the real-world. No one can teach you HOW TO persevere in the face of repeat marketplace rejection and daunting obstacles that "appear to" conspire to stop you from making a success of your new life.

Starting up YOUR first business after being in paid employment in my experience is like becoming a day-old baby and learning to crawl, then learning to walk and finally learning to run ALL OVER again. The difference is that the child often will only take some months to a year or so to do all that .

In your case, chances are (going by my experiences - and the opinions of veteran entrepreneurs like Robert Kiyosaki, James Cook, Michael Masterson and others) that it is likely to take you at least five(5) years to get your business fully off the ground.

And THAT is why I honestly believe you would be VERY wise to start THAT business that you will fall back on post-retirement TODAY, NOW, if you know you want to be financially secure in your old age.

Take this advice from someone who once enjoyed a successful career in paid employment and subsequently chose to quit while still VERY far from retirement age(i.e. 31 years) to pursue a long standing dream of venturing into business.

That person was me. And I believe that if it could have been as tough as it turned out to be for me, in spite of my relative youth and energy, ANYONE who retires after attaining the cut-off maximum age is likely to find it EVEN more difficult to endure the challenges needed to achieve business success.

FREE ONE Hour Talk To Prepare You Towards Leaving Paid Employment

Title: "Going From Paid Employment To A Business Of Your Own - Ten Crucial Considerations That WILL Determine Your Success Or Failure"

Description: Educational Talk - followed by 30 minute breakout session for experience sharing with speaker. I offer this talk for mainly veteran employees who are being prepared for exit via retirement.

Duration: One-Hour

Speaker: Tayo K. Solagbade

Fees: Zero Cost

Terms : Required payment of a "booking/preparation" fee of $50.00 (fifty) US Dollars to be made 100% in advance by the organisation extending the invitation - at LEAST TWO(2) weeks before the agreed date for the event. Click here to see my ACTUAL speaking appearance investment requirements table.

Invitation Procedure: The invitation to deliver the talk will be initiated by filling/submitting this web form, in response to which which I will send a formal invitation form(and a short questionnaire) to be completed, signed and returned to me by the decision maker extending the invitation on behalf of the company. (I provide other details in my response email to the invitation).

What Participants Get

Each participant will get FREE electronic(PDF) versions of two books written by me PLUS a FREE subscription to my newsletter:

1. Self-Development Bible™ E-Book. A 113 page self-help manual titled "Ten Ways You Can Use Self-Development To Create The Future You Want" written in 2002. The print version is available for purchase in a glossy cover at http://www.lulu.com/sdaproducts.

2. Entrepreneuir's Survival Reference Manual. An 80 page guide document written in February 2004 titled "25 Avoidable Mistakes No One Will Warn You About In Starting Your Own Business In Nigeria".

3. FREE Subscription to my website's Self-Development Digest™ periodical newsletter.

The talk is a PREPARATION event aimed at exposing participants to many often missed yet VERY important considerations, issues and challenges that a person leaving paid employment MUST plan for in order to increase his/her chances of success post-retirement.

Note that examples abound to show that many business startups fail NOT because of the owner's lack of "technical know-how" about his/her chosen venture, but quite often because of their lack of insight into many not-so-obvious dynamics that come to play in the life of a business startup, with potentially fatal implications, if not well managed.

This talk WILL therefore benefit participants because they will get quality information/education - and resources - from an entrepreneur who himself had to DEAL with those same issues, challenges and dynamics in the process of transiting from paid to self-employment. It will consequently make them gain confidence in their ability to face the future.

GET STARTED - FILL/SUBMIT THE FORM

IMPORTANT NOTE: PLEASE DO NOT USE INFORMAL E-MAIL ADDRESSES

It is important to note that I will NOT reply any company/organisational representative, who does not communicate to me using a corporate email address(in addition to providing corresponding contact info). In other words, any invitations submitted using non-corporate addresses(such as xyz@yahoo.com, abc@hotmail.com etc) will get NO responses.

Page Created: 1st June 2007

Page Updated: 3rd December 2011