This pandemic helped me realized that anything can be uncertain. With that logic, I’ve turned it around to believe that anything can be possible.
I landed a new job as an android engineer right after university and started working in July 2019. This was about 8 months before the world decided to have a “quick” pandemic. This gave me just about enough time to get used to living the life of a freshly graduated, googlie-eyed, millennial who started a “real” adult job.
Unlike most people, I am grateful enough to have kept my job and still have employment currently. This is one of the benefits of working in the tech field because the industry can quickly transition to remote work with little to no delays or changes in business operation.
At the start of this pandemic, I’ve found a new interest I’d like to pursue. I am currently 8 months into building a new dream career. If you have been eyeing at building a new career for yourself or have an idea you want to turn into a business then here are some tips on how I built a sturdy foundation for me to make the leap of faith.
1. Manage your time and have a strategic plan
Over the past few months, I’ve become an abusive user of agendas and have an addiction to planning out my goals. It’s really easy to make excuses after a long day of endless meetings and fighting the urge to not be distracted by your coworkers.
Managing your time and planning your next move is crucial to any goal you want to complete. You should be obsessed with every step of the way and observe the progress you have made since you’ve started. By being obsessed with each step, you can be present with each action you make and enjoy the entire process.
If you want to learn a new skill, start a new career path, or start a business, you must make time to work on it every day. Every single day.
- Before starting a week, plan some action items that you will complete every day.
- Start spending 30 minutes each day on your task. Work with something small.
- Remind yourself that your efforts will compound over time. Commit to just that day. Then repeat it the next day.
2. Live frugal, sacrifice, & save for your business expenses
This depends on how bad you want to start your new business or side hustle. I am about to launch a new e-commerce business in the middle of a pandemic where the money is scarce, but through living frugal, finances won’t be an issue.
Your business may need some initial investment either for marketing or product costs. I won’t ignore the fact that starting a business will be cheap.
- Start paying attention to your expenses. Just like making goals, budgeting your monthly income is crucial to giving yourself a safety blanket.
- Create a business savings account. I keep this account separate from my personal account to physically help me see how much I have for business-related expenses.
- Give up that Amazon Prime subscription. Give up Starbucks. Give up eating out and going for drinks on weekends. These are small expenses that accumulate to be larger amounts each month. Spending money on these expenses is insignificant to your long term goal. If it doesn’t matter in the long run, don’t make the purchase.
3. Due diligence is your greatest asset
In the last 8 months, I’ve read a total of 10 books, completed 4 courses, and watched tons of Youtube videos related to what I am trying to build. On social media, I‘ve started to follow people who have gone through the entire process and, they’ve taught me what works and what doesn’t.
By immersing yourself in different resources and media, you’ll build the confidence and knowledge you’ll need to take the first steps toward your dream goal. Books have been my greatest mentors in giving me guidance & advice.
These are a couple of books that helped me greatly in taking my first leap of faith:
- The 7 Habits of Highly Effective People
- Rich Dad Poor Dad: What the Rich Teach their Kids About Money
- New Startup Mindset: Ten Mindset Shifts to Build the Company of Your Dreams
- This Is Marketing: You Can’t Be Seen Until You Learn to See
4. Identify your purpose for building a business / side hustle
This is the most crucial step in building your business. You can have the best finances, habits, and mentors, but without a strong conviction of why you’re starting something, you won’t have much to work with.
Once you’ve found why you want to start something, everything else should be easier. Your choices and decisions will revolve around your purpose as to why you started.
It took me about 3 months to find a clear vision of my purpose. Everything is easier afterward because then you have a reason to content for social media and a way to get people’s attention.
- What is something you want to be an expert in?
- How can this help the people around you?
- Why must other people know about what you’re doing?
5. Just start
Nothing will be perfect at the beginning. I am living proof that imperfection doesn’t mean failure. You will figure out what will work and what doesn’t the sooner you start and the more that you work on the goal.
The more time you put into working on your business or side hustle, the faster you can improve and fix mistakes. If you don’t start due to the fear of you making mistakes then you ended your dream due to fear. If you give up due to a mistake then you ended your dream with a mistake. This is a little harsh, but you have the choice to do otherwise.
Nothing worthwhile is easy and perfect.
“The best time to plant a tree is twenty years ago. The second best time is now.” — Chinese Proverb