Being an entrepreneur isn’t for everyone. Sometime the best ideas don’t work out, and sometimes the timing just isn’t right. Since I’m a career transition expert and have had success helping entrepreneurs become employees, Carol interviewed me for a post on entrepreneur.com titled “How to Transition Back to Employee After Being an Entrepreneur.” Carol begins:
“Owning your own business is tough. It’s definitely not for everyone, and even the best business ideas sometimes don’t work out. In fact, this happens more often than not. While the numbers vary by study, it’s estimated that well more than half of all businesses fail — or at least fail to succeed.
Additionally, other factors in an entrepreneur’s life can change and require them to go back to seek a day job, whether in the corporate world or even with another small business. So, I reached out to my colleague Catherine Morgan, a career-transition coach who works with entrepreneurs and others seeking to transition to a new position through her own company Point A to Point B Transitions, for some suggestions on how entrepreneurs should position themselves when interviewing for corporate jobs.
Q: What are some of the common reasons people go back to the corporate world — or at least working for someone else — after being an entrepreneur?
Morgan: It’s easy to buy into the dream of owning your own business — and thinking that it will be better than working for someone else. Months or years into business ownership, I have had clients tell me that however many hours they might have to work in corporate, executing on someone else’s strategy would seem so much easier than having to come up with the strategy, do the marketing, sell the work and then deliver the work. Being the CEO and the janitor isn’t for everyone.”
You can read the full post here.