Many people, especially those who have spent years struggling up the corporate ladder, dream of jumping ship and becoming an entrepreneur. But every job move is fraught with risk, and the move from employee to entrepreneur is on the high end of the risk curve. This is a big jump, especially in a down economy, so do your homework first on this one.
According to an article in the Harvard Business Review a while back, “Five Ways to Bungle a Job Change” there are at least five common missteps that professionals make when moving to a new job, and I will offer the comparable relevance for those of you contemplating leaving a company to initiate or join an entrepreneurial startup:
- Not doing enough research. In moving to a new company, the questions to ask are expectations, financial stability, cultural fit, and role responsibilities. All of these apply directly to starting your own company. Test your “dream” startup plans on some experienced entrepreneurs to get a reality check before you leave your current job.
To read the full, original article click on this link: Startup Professionals Musings: Five Common Mistakes in Jumping the Corporate Ship
Author: Martin Zwilling
