215. Expert Interview: How to Reinvent Yourself from Employee to Entrepreneur
William R. (Bill) Seagraves, president and founder of CatchFire Funding, of Parker, CO, is the author of the Penguin Random House book, Be Your Best Boss: Reinvent Yourself From Employee to Entrepreneur, released in February 2016. Himself a serial entrepreneur, Bill has been dubbed the “Mid-Career Entrepreneur Expert” and has helped more than 1,500 aspiring business owners in mid-career on the best route to successful entrepreneurship. Bill’s new book shares information about wealth building with funding and financing strategies, and best practices for building a business.
How to Reinvent Yourself from Employee to Entrepreneur
The workplace is not what it used to be. Corporations value loyalty less than in the past and employees can no longer assume they will have longevity in their jobs. They have to be nimble. The job market includes many “corporate refugees.” Among them are individuals who have a career behind them—the 40 to 65 year-olds—and are looking to go into a new phase of work, possibly as entrepreneurs. The transition from employee to entrepreneur is about reinventing yourself, and there is help available.
Why Is This Important?
People at mid-career or later have life and work experiences. They have skills they’ve learned on the job on somebody else’s dime. Many of them have management and financial skills, and have developed a thick skin that allows them to be more assertive, which they will need as they transition into business ownership. Just as important, they often have some resources, including personal savings, retirement accounts and home equity. It’s important that they find guidance about the right business—if ownership is right for them—strategy, implementation and funding options.
What Are the Key Lessons Learned Here?
Enough people have survived and thrived the transition from employee to entrepreneur for there to be solid resources to help others along the way. Books and consultants are available to coach “corporate refugees” and others along the way.
Connecting With Bill Seagraves
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