Leaving the security of a six figure, regular, full-time income at age 53, really was a no brainer!
I was tired of not seeing my family. I was tired of working ridiculous hours, I was tired of travelling, I was tired of the petty politics in the company where I worked….
Not to mention, the fact that I was heading for another heart attack! I had a ‘triple’ back in 2013, when I was working for the same company – where stress is pretty much built into the job description.
So when redundancy came along, I made sure that I got the best deal and made my final exit on a corporate lifestyle.
Here is what I did:
- Set up a trading company – this is pretty easy to do, go online and register ‘your name’ as a limited company – In the UK this is done through Companies House and costs around £14.00 – There is a very simple step-by-step process on the government web site. (this is pretty similar in other countries)
- Find a domain name that reflects your own name/business and its location. My business is called Philip Holder & Co Ltd. Websites are: www.philipholder.co.uk and www.philip-holder.com It pays to have a country specific, as well as a global web address, although to begin with, I would just go for a .com if at all possible, as this may open global opportunities.
- Build a simple 3 page website – initially, all you will need is a landing/home page, an about page and a blog page – keep it simple and straight forward.
- Freelance Yourself – No matter what business you are currently working in, the fact that you are ’employed’ means that other people will also pay for your service, skills, knowledge, capability, and yes even your interests or hobbies!
- Work your Niche – contact the people who run the businesses that currently employ people like you, doing similar work and tell them that you freelance in this area and thereby you are the flexible, cost effective alternative to hiring more full-time staff.
- No need to cold call – with the advent of the digital economy – traditional, old fashioned, telephone sales have now gone – fortunately – and have been replaced with ‘information exchanges’ on Social Media like Facebook , Twitter, Instagram or online networking groups like Linked-in and Quara.
- Share your knowledge – No matter what you know, share it. There will always be people out there who will want to read what you have to say.
- Become a regular contributor – keep the information flowing, do not give up – it does get easier and not harder.
- Link with other like minded people and companies – use affiliate links to grow your brand as well as your income.
- Have Fun – Change your mind-set. Building a ‘YOU’ business is an exciting and relatively cheap way to reach your ambitions and dreams. Yes of course it requires a little hard work and dedication….. It is a lot more fun and more financially rewarding than working 9-5 for over 240+ days, each year, for someone else!
If you would like to know more, visit my web site or get in touch – I look forward to working with you…