Weathering the Storm of AI

Entrepreneurs in an AI World
(2 min read)

This post is in follow-up to a recent blog post. I'm not sure I made my point clear at that time so will aim to improve in this edition. 
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Considering Being an Entrepreneur
I suggest there is no better time than now to begin your journey down this path! 

• Job changes and losses are happening and will increase. 
• It takes Time to build a business let alone to gain traction (a client base). Many suggest plan on three years before you turn a profit. 
• Plan on oodles of mindset work and self-education to figure out how to be a business let alone how to market it. 
• It's common to start broad - see how your offer resonates with your perceived client - before niching down and getting more specific. 
• Those with an entrepreneurial spirit also tend to be leaders in figuring out AI. We're in the perfect time to learn all you can about business + AI and even AI in your business.
• While jobs may not fully go away, reductions and changes are nearly guaranteed. Getting an entrepreneurial venture started now will provide future options to blend part-time, gig, or project incomes.
• You may have already "retired" or are considering a change in career. Creating your own business is a great way to call your own shots, potentially work from anywhere in the world, and on your own schedule!

"Constraints Breed Creativity"
I'm not finding this quote attributed to any one person but it seems to be more of a general philosophy. I do like this concept related to it - Theory of Constraints by LeanProduction. 

How this relates to the current job market and entrepreneurs? If you're feeling the winds shifting at work, in your job or your career field, it's time to get creative in how you'll weather the storm. An entrepreneurial venture may be just the trick for you to supplement your current status or jump ship completely.

You may decide you just don't have an entrepreneurial bone in you and need to consider retraining to a different career field or look at retirement. Both are very valid options we'll all be reviewing. 

I caution that "early retirement" is becoming harder for many to realize as savings have drained for many in recent economic years. We're living longer and generally healthier. However, when health takes a turn—boy, does it get expensive! Many need or want something to do to keep mind and body busy, even if a sizable income isn't critical. A "side gig" or entrepreneurial endeavor may be just the thing for you.

The Time is GREAT to Become an Entrepreneur!
Have courage. Take heart! You've got this! Consider this an opportunity rather than a loss. The weather may be stormy, but how will you ride the waves?

If you'd like to chat ideas with someone about what being an entrepreneur entails, my door is always open - Let's Chat! Email me or message me on LinkedIn any time!

If you need a hand getting plans into place - none of us are experts in all things - I'd be honored to be of assistance. I'm a whiz at supporting small to mid-sized nonprofits, fellow entrepreneurs, and nonfiction authors to make their dreams come true! I assist in developing/maintaining websites, social media management, email distribution, newsletter and PR material creation, proofreading and editing - a variety of services. 

I'm also a great listener and problem solver with over 35 years developing care plans and strategies for return to home and independence as a hospital physical therapist. Happy to chat strategy if useful - Let's Chat! 

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