In my last thread, I talked about why I disagree with the advice that services are the easiest way to start an entrepreneurial journey.
So what are the options instead?
1. Product-based side hustle
2. Part-time bridge job
3. Work at a startup
The "start with services" advice comes from the assumption that money's the only thing that matters.
And if you just leap into full-time entrepreneurship with no transition, that will be true.
But we can try to avoid that.
If you want to start a product-based business, quitting employment cold turkey → starting a service-based business → transitioning services to products is a roundabout way to get there.
The simpler option is to jump straight to the business model you want, but as a side hustle.
This is what I wish I could have done!
Instead of freelancing full-time with my template shop as essentially a side hustle, I could have built that shop while still working a job with PTO and health insurance.
If side hustling on the side of a full-time job isn't for you, consider if it's possible to take a "bridge job:" a part-time job that can help pay bills while you build your business.
That way you can make business decisions based on long-term vision instead of paying your rent.
And finally, if you want to learn how to run a business, work at a startup.
I 100% believe it gave me a huge head start when I started my business. And that's part of why I decided to work at one before taking any of my side projects full-time.
I know these are all ideal scenarios and reality is not that.
I didn't get to follow the career transition plan I originally made when I decided to start my business.
But I also think we need to stop glorifying full-time entrepreneurship & talk about the different options.