Tips on Quitting Your Job to Start a Business; Like a Boss

Considering leaving your 9 to 5 to grow your own business? You should negotiate quitting strategically to avoid burning bridges. Employees often limit negotiating to the idea of asking for more money. But Charreah Jackson, corporate facilitator, career coach, and author of “Boss Bride: The Powerful Woman’s Playbook for Love and Success,” says that there is more than one currency that you should be negotiating for. Here she provides tips on quitting your job to start a business

“A lot of people see their job as a roadblock to their dreams. When a lot of times, until you can afford to hire yourself in your business don’t look at that job as a roadblock, look at that job as an investment. Look at it being the financial ability to pursue that dream.” To that point Jackson says that one of the best pieces of advice that she received from her business coach was, “See yourself as a CEO and treat your job like a client. You treat it like you biggest client, but, it doesn’t have to be your only client.”

Change your perspective

Changing your perspective about where you are and how you’re investing your time and talents can help you become a better negotiator. For one, you can negotiate for more time or flexibility of your schedule.

“Depending on where you are you probably can’t leave just yet. Have you had the conversation around clarity?” says Jackson.  Two questions that she says that you have to ask yourself and answer honestly. The first one being, are you killing it? Secondly, can you do it in less time?

Some of the things that can propose are working remotely; receiving comp days to recoup for time that you worked outside of your traditional work schedule; getting an assistant; receiving executive coaching; or having membership fees and conferences covered. And the list goes on.

Jackson considers all of these to be currencies.

“Yes, money is a currency. But our most precious currency is time. When you want to leave a company, I want you to be clear that you are leaving the company with those things, too.”

That is why is why she says that it important to see negotiating as an ongoing conversation opposed to a one-time ask.

Have a strategy for your vision

In addition to those conversations, Jackson says that you have to be strategic. And she wants to share her five-step strategy with you:

  1. Clarity – If you shift the perspective from where ever you are is stopping you from doing what you were meant to do’ to ‘this was assigned to my journey and it’s here to help me’ you can everything out of it that you were meant to get.
  2. Community – One of my mantras is, “Support is all around me and everyone is on my team” When you navigate and grow you have to see everyone as on your team. You can ask anyone anything but you have to earn the right to ask.
  3. Currency – Yes money is great but there are so many tangible and intangible currencies that you can ask for.
  4. Conversation – One of the reasons that negotiating seems so stressful is because we’re not having enough conversations so we let everything build up into this one conversation. Promotions and raises do not come out of one conversation. They are ongoing dialogues.
  5. Confirmation – One of the things that I’ve found is that too often something is said and we celebrate it but we don’t confirm it via email and months later we try to follow up and there’s no record of it. The second that someone tells you that they are going to follow up with you write them an email so that instead of it being a conversation that no one remembers there’s a record.

If you want to learn more about how you can become a better negotiator and increase your net-worth, join Charreah Jackson at the SOAR Empowerment Series in Atlanta on Saturday, April 6. Click here to secure your seat!

 

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Stacey Abrams Signals She’s Not Interested In Being Biden’s Running Mate

“I think you don’t run for second place,” the rising Democratic star said on “The View.”

How to Unlock Your Earning Power

The idea of being in control of your earning power is a huge draw for those looking to soar to new heights. Koereyelle DuBose, chief experience officer of WERKPraySlay, has been empowering women to live a life that they love through her work and annual summit WKND.

In just a few weeks, she’ll be joining BLACK ENTERPRISE in Atlanta for the launch of the SOAR Empowerment Series in partnership with TDJ Enterprises, where she’ll be speaking about taking your business to the next level.

In this interview, DuBose speaks about unlocking one’s earning power.

BLACK ENTERPRISE: How is earning power calculated?

DuBose: I always talk about work with an e (werk) because of the effort and the energy you dedicate to your own business. Your earning power is not defined by anyone outside of yourself. It’s the one thing when transitioning from being a full-time employee to a full-time entrepreneur that you are in control of. A lot of times, we think that it comes down to our credentials, degrees, or a specific skill set, but I have come across so many people with different gifts, skills, talents who have embraced the mindset that they have unlimited earning potential. That is how they created opportunities to create revenue and increase their earning potential.

What are the first steps to identifying a skill set that can be turned into a side hustle that can be monetized?

Make a list of your skills. I live by lists. Any time I am stuck on something or need clarity, I make lists. One of the lists that you can make is one of your skills. List the things that you are doing on a daily basis on your 9-to-5 and are transferable skills that you have extensive knowledge on. Those are some of the things that you can make side hustles of and generate revenue from. A lot of things that you can start a side hustle with may not be related to your degree or career but they can be things that you have skills in.

List out your passions. There are things that you’ve probably been doing since childhood, that you’ve been interested in, naturally good at, or passionate about. Think about your passions; what you’re naturally drawn to; and how can you combine your talents and service or product that you can provide that’s aligned with the things that you already know how to do and you’re already interested in. I find that when we develop a business that we’re actually excited and passionate about, it will propel us when the obstacles come up and you truly have to fight for what you want.

Can you speak more about how people can leverage who they are to tap into more earning power?

Authenticity is something that I truly want to represent. You can carve out your own lane and live a successful life beyond society’s standards doing things your own way while being able to make money, be happy, and live life on your own terms. I think for entrepreneurs it’s scary to be authentic…especially in the world of social media and reality TV when you only want people to know the good stuff. I had no choice but to be authentic. No matter what it is that I’m offering my people trust me and I think it’s because of that authenticity piece.

What advice do you have for people to unlock their earning power today?

Read the book, The Game of Life and How to Play It by Florence Scovel Shinn. It will help you set a solid foundation for your personal or professional growth.

Get real about where you are right now versus where you want to be. From there you can create an action plan for how you’re going to get there.

Find an accountability partner. Share your goal and ask for them to check in with you and hold you accountable.

Meditate. We’re living in an age where we have access to too much information. And a lot of people look outside of themselves for answers. I’ve found that when I meditate that’s when God gives me my answers instead of looking outside of myself for all of the answers.

If you want to learn more from DuBose, join BLACK ENTERPRISE at the SOAR Empowerment Series in Atlanta on April 6. Click here to register.

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