GenX: How to Escape the 9-5 Grind by Going Solo & Monetizing your Experience

Nov 21, 2023

Understanding 'Going Solo': Leveraging Your Corporate Experience

The idea of 'going solo' involves a strategic shift in your career path – taking the wealth of experience garnered over 10, 20, or even 30 years in the corporate world and channeling it into your own independent venture. This transition is more than just a career change; it's about reapplying your skills and experience in a new and dynamic context.

  • Leveraging Expertise: Your years in the corporate world have equipped you with skills that are invaluable to smaller companies. This expertise can range from strategic planning, operational efficiency, market analysis, to specialized technical skills.
  • Why Small Businesses and Startups Need You: Many small businesses and startups lack the resources to hire experienced full-time executives or experts. Your expertise fills this gap. The rise of fractional and freelance business models has made it financially feasible for these smaller entities to tap into high-level expertise without the commitment or cost of a full-time executive.

Diverse Paths to Independence

'Going solo' can take various paths, adapting to your skills and preferences:

  • Fractional Leadership: Offer your expertise part-time to multiple organizations.
  • Consulting: Provide tailored advice and solutions to client challenges.
  • Advising: Guide businesses through critical growth or transition periods.
  • Coaching: Empower individuals or teams to enhance their skills and performance.
  • Skills as a Service: Productize, package and sell your expertise as a service. This could be retainer or subscription model

Potential for Success: Redefining What It Means to Thrive .

The journey of 'going solo' offers unparalleled freedom, flexibility, and control over your professional destiny. It also opens the door to potentially building a seven-figure business by leveraging digital tools and scalable business models, even without a traditional employee structure.

Tackling the Challenges

Transitioning to 'going solo' comes with unique challenges such as building a personal brand, expanding your network, managing uncertainty, and staying abreast of industry trends.

Closing Thoughts: Is It Time for Your Own Path?

Reflect on whether you're ready to use your corporate experience to carve your own path. Share your thoughts and experiences if you’ve already embarked on this journey. Remember, 'going solo' is about embracing a new way of life that prioritizes your skills, autonomy, and personal fulfillment. Follow for more insights on making this significant transition.

Podcast Episode of the Week

Anne O'Neil stopped by the podcast studio to help us improve our personal performance and how to create the right mindset for growth. This is a can't miss episode if you are thinking about escaping the 9-5 confines.

Link to the episode: https://share.transistor.fm/s/bdc60ef4  

 

How to Connect and Work w/ Me

I am please to offer a new coaching program: The 3-Pack Escape Plan Coaching Program

If TikTok is a guilty pleasure, you can also follow me there for quick hit advice and tips: Brett Trainor TikTok

NOTE: Originally Posted on LinkedIn