The New Normal

• August 10, 2017

Hello C-Suite Community,

What is the new normal in today’s business environment? May believe its becoming an entrepreneurial leader. In most cases that means transitioning out of the C-Suite to business ownership. With business ownership comes a lot of responsibilities. Are you ready?

One of the keys to successfully transitioning from a C-Suite position to entrepreneurship is finding your new normal. Leaving corporate to become an entrepreneurial leader can be overwhelming, scary and you may feel uncertain at times. Follow a plan to keep you on track and focused on your goals. You can start your exit strategy by relying on the guidelines listed below.

Fully Commit by Setting Your Mindset to Leaving Corporate Security Behind

For most people, the thought of leaving the security of a paycheck behind is scary. It is important to have the right mindset when you leave the security of the corporate world as you plan your exit strategy. It may seem easy to keep a lifeline, “just in case”, but the truth is that will just hold you back. You will never be able to fully commit while you are still linked to a boss. You have to be 100% committed to leave everything that comes along with working a 9 to 5 job, or you will never reach your full potential.

Develop a Clear Plan

Most of the people looking to leave their C-Suite jobs are part of the Generation X era. At that age, you want to make sure you are going to be successful, and you certainly don’t want to lose all of your money because you went into a startup with no actual plan to execute. Think about what you are good at, and what your first step, second step, third step… is going to be. Being unhappy at your current job should not be your only motivation for beginning your own startup.

Take Inventory of your Skill Set Before You Transition Out

No matter what type of skills you’re applying when beginning a startup, you should always be learning more to help you grow a successful business. Never stop learning, if you do, you should stay and continue to collect your weekly paycheck. Some people make the mistake of putting their goals aside, to learn more. Don’t do this. You will end up falling behind, and never leaving GO. Be aware of your skill inventory, and learn while you are building your business. That way you are still taking steps toward success, while you are sharpening your skills. You will never find your new normal if you are putting everything on hold while you educate yourself.

Be Unstoppable Together

Do you have questions or comments about the issues in today’s post, want to know how to apply them, or how to help others with them? If so, contact me at connie@pheiffgroup.com or CLICK HERE to schedule a 20-minute discovery call to discuss with you personally.