The Transition Back to Employee After an Entrepreneur

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Being an entrepreneur, working from home, and being self-employed can be a tough business to be in. You are going it alone in many ways, as well as not being able to enjoy the benefits of paid time off or sickness. So it really isn’t for everyone, as good as being your own boss might sound.

You may have tried to work from home and grow a business, and through one thing or another, it hasn’t worked out. But you’re not alone, as around half of small businesses fail to succeed, at least to meet the requirements that they set out to do. So you may find yourself at some point, needing to go back to work to be an employee, rather than an entrepreneur. We all have to make our money somehow, it might not be as we thought sometimes.

So if this sounds like you, and you are going to be making the transition soon enough, then here are some tips and advice to help you. It doesn’t need to be a difficult transition at all. Hello to paid vacation time, right?

Old or Different?

You need to decide if you will go back to the career path that you left, or if it is time to do something completely new. While it may be easier to get back into the career that you left, as you have the experience or qualifications, you need to think about why you wanted to leave it and go it alone in the first place. If you don’t like the idea of going back to what you were doing, look at what does interest you. Could you re-train and look at doing a CIPD online course, for example? Joining the Chartered Institute of Personal Development for human resource professionals could be a good way to boost your career, as all large companies have HR, so it could be something that will keep you employed for a while. Just weigh up the pros and cons of a new or old career path.

Don’t Leave Blanks on Resume

If you’re applying for a professional job, then it looks anything from professional if you have gaps in your resume. You may not want to talk too much about what you have been doing, as it didn’t work out. But talk about the positive things, the thing you learned along the way, and what experience or skills you have gained from working for yourself. These will involve valuable transferable skills, so don’t shy away from including that time in your life on your resume.

Network

Getting back into the employed work game can be a long process, depending on the industry that you were working in. So networking to find out about vacancies and job openings is really important. Old colleagues can be a good place to start, as well as relevant industry events and presentation. Be clear on what you are looking for, in terms of work, and don’t be afraid to get out there to ask.

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