Which has led a lot of workers to wonder: why work for someone else when I can work for myself?
It’s a valid point. If you can’t find a job, why not create one by starting your own business? In recent years, many folks have come to that conclusion and we’ve seen an increase in startups and small businesses across the map.
Shoot, even I started my own company, Come Recommended, in 2008 and things have been going great with everyday offering something new.
While many entrepreneurs start their own businesses as a means for the rest of their career, others might see the advantage in briefly starting your own business between jobs. If you plan to make your business a temporary thing, keeping it small (like freelancing or consulting) will make it easy to walk away from. If things really start to pick up, you can always expand!
Check out the 4 ways starting a business can help you land a job:
First and foremost, there is no greater experience than opening your own shop. Even if you’re doing exactly what you would be doing under another company, extra experience is valuable to both employee and employer.
Most likely, you’ll be doing a lot more than what you originally planned to do. This means that, when head back to the job search, you’ll be able to apply to a wider scope of open positions and be a better fit for more.
Filling the gap
It’s a terrible catch-22. Employers pass over job seekers with lengthy employment gaps, but as they get passed up, the gap gets longer and longer to the point where no employer wants to touch that employee.
Starting your own business can help fill that gap. Now you have an explanation for exactly what you’ve been doing since your last job. You have new skills and accomplishments to share.
If you’ve always worked underneath someone, starting your own business could give you a new point of view. You might have wondered why a company you worked for previously always did something one way –with your own business, you can find out for yourself.
As an entrepreneur, don’t expect to be making millions at the beginning of your startup. The unfortunate truth about small businesses is that many of them fail. However, if you start out small and build momentum, you can make a solid income or get bought out by a rival company. Everyone likes a little extra cash, right?
What do you think? How else is starting your own business valuable to your job search? Share your thoughts in the comments below!