How to Transition from Corporate to Entrepreneurship
Description
✅ Take the leap when you're ready, and don't look back: Once you decide to leave a corporate role, it's crucial to stick to your decision and not return, even if offered more incentives.
✅ Prepare for the unexpected in entrepreneurship: As an entrepreneur, always plan for unforeseen challenges like financial difficulties, operational setbacks, or losing clients.
✅ Build a public speaking career strategically: Start by volunteering for speaking opportunities on boards, then leverage those experiences to apply for paid speaking gigs worldwide.
Episode Summary
In this episode, Sarah Baldeo, CEO of ID Quotient, shares her journey from a high-powered corporate role to becoming an entrepreneur. Frustrated by the lack of accountability in the corporate world, Sarah decided to take the leap into entrepreneurship, embracing the challenges that come with it. She emphasizes the importance of preparing for unexpected obstacles, including financial and operational setbacks, and offers insights into building a successful public speaking career. Sarah’s advice is clear: once you decide to leave a corporate role, stick to your decision, and don’t be afraid to push back when negotiating your worth as a speaker.
Notable Questions We Asked
Q: What motivated you to leave your high-powered corporate role and jump into entrepreneurship?
A: Frustration with the lack of accountability and a desire for more meaningful leadership led me to take the leap into entrepreneurship.
Q: How did you navigate the challenges of starting a business during a pandemic?
A: It was tough, but the key was preparing for every possible challenge, from financial issues to operational setbacks, and having a solid backup plan.
Q: What advice do you have for those considering a public speaking career?
A: Start by volunteering for speaking opportunities, become accredited, and treat public speaking as a business—your consulting on a mass scale.
Q: How can entrepreneurs prepare for the unexpected in their business journey?
A: Always expect the unexpected. Plan for financial setbacks, operational challenges, and losing clients, so you’re ready when things go wrong.
Q: What’s the best way to transition from corporate life to entrepreneurship?
A: Once you decide to leave the corporate world, stick to it. Don’t be tempted to return, even if offered more incentives, as it’s often not worth it in the long run.
Chapters
00:00 Intro
00:42 Challenges and Frustrations in the Corporate World
02:32 The Leap to Entrepreneurship
03:28 Navigating the Pandemic as an Entrepreneur
06:55 Public Speaking and Building a Speaking Career
12:45 Connect With ID Quotient
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