Ready to Move In Your New Office? Make Sure You Don’t Regret Your Decision

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If you have been running your business from home for a while, and now you are ready to found your own company and become one of the big players, you will need an office space to accommodate your employees, your client meetings, and your infrastructure. There are plenty of things you will have to consider before you can decide that you are making the right move. Below you will find some of them listed.

Calculate the Running Costs

While you might have a good idea of the cost of the office building or the monthly lease, you will also have to take into consideration the other regular expenses. You might have to pay business tax on the building, heating and air conditioning bills, as well as maintenance and internet, receptionist, and cleaning services. You must be comfortable with the monthly cost, or you will find yourself regretting your decision.

Assess Facilities

It is also important that you check which facilities are present at the office building. If you are sharing a building with other businesses, you have to make sure that you have a strong enough internet and dedicated phone lines. Having a small kitchenette for your staff if your office is far from the city center can also be a benefit. Make sure that you get designated parking for your visitors and your staff, too.

Transport Links

In case you are planning on filling your office with employees, you need to make sure that they can get to it fast in the peak traffic. Consider the needs of your employees who might not have a car, and make sure that there is a train station or bus stop nearby. Before moving office, you should test the roads before 9 a.m. and after 5 p.m. to make sure there are no regular traffic jams in the area. For your business partners’ and customers’ comfort, you should also need to position your office close to main road links and junctions.

Security

It is crucial that you have adequate security on site. You need to control who can enter your office, and monitor the site remotely at night when it is empty. You can get quotes on security camera installation if your business will be the only one on site, or talk to the owner of the building about different options. After all, you want to keep your business and employees safe.

Flexibility

In some cases, committing to a huge lease can be scary for businesses. It is important that you focus on flexibility, so you can expand your business when you need to. In case you are not sure about committing to the location or the building, you can take out a flexible office space or a rolling contract, so you can evaluate the premises and make sure it fits your business needs.

Moving into your first office can be a challenging decision. Think all aspects of the building and location through carefully before you make the final choice.

The Evolution Of Your Dream Job

dream-jobs

Everybody has dreams…but dreams change.

What you consider today as your dream job will most likely change in the next few years. It will happen for a number of reasons: experiences, life stages, interests, etc. I’ll discuss the real reason later.

Clients ask me, “What if the perfect job is out there, but I don’t know it exists?

Good question. My response: you don’t know, that’s why you need to keep looking and applying.

Maybe not the answer you want to hear, but if your dream job doesn’t exist yet, create it.

Think about it. Interviewing for a job is essentially selling yourself. Creating a job is selling your idea (basically entrepreneurship).

Easier said than done, but the average tenure at your current job is less than 2 years. That’s not too far off from the average tenure of your dream career either.

We change jobs like we flip through the channels on TV. I tell my clients, “I can help you find the one career that best suits you, but expect this process to start over a few years from now.”

My job as a career coach isn’t really to help you figure out what to do next, it’s to help you figure out yourself (so you can do the process over in the future).

To loyalists this might sound depressing, but it’s just a sign of the times. Just like you and I will have to maintain a side hustle just to survive, your lifestyle will dictate your decisions, not your dreams.

For example, when you’re in your early 20’s you’re willing to be a slave to your career. Fast forward to your mid 30’s with a family and kids and you start saying “no” more than “yes” when it comes to work. During that time span what you considered as your dream job changes at least twice!

When it comes to your dream job the better question to ask is: why?

Why do I want this dream job? What does it represent? What can it provide?

I used to think I wanted to be an entrepreneur (and I still do), but what I really wanted: flexibility and control.

That can be found as a business owner, but it can also be found working for a company. My priorities shifted when I got married, then again when I had kids. That’s why your dream job will evolve too.

It is said that we are afraid of change, yet we do it all the time. We change our clothes, we change our interests and we change our jobs.

Your dream job will change over time…because you will change first.

How Lifestyle Has Changed The Job Market Forever

lifestyle

Lifestyle matters.

Not only that, but it’s a driver. Let me explain.

Work-life balance isn’t achievable unless you start viewing your professional and personal life as one. If you’re unhappy at work, you’re going to be unhappy at home (same goes for vice-versa). Therefore the biggest “perk” you can receive is flexibility, also known as control of the way you spend your time.

Use Millennials as an example. One of their most treasured entities is travel. There’s not one particular destination that is preferred, instead work “book-ends” vacations.

Having kids may limit the frequency of trips, but the focus of time-off shifts to family. Ideally school and work schedules coincide to maximize time spent together. On the other hand, if you’re married to your career, you’re better off being single these days.

In both examples above there is one constant: lifestyle. As so beautifully stated in Flexibility: The New Definition of Success,  the meaning of work now is to: support your desired lifestyle.

Smart companies get this. You can give people all the perks in the world, but if they don’t have autonomy (otherwise known as trust), they’ll eventually leave to find it.

Lifestyle has even caused a seismic shift in entrepreneurship. Scaling, growth and more profit aren’t assumed goals anymore. More families are starting businesses simply to provide a means to survive together. The term lifestyle entrepreneur shouldn’t be looked down upon anymore because the rules of being an entrepreneur have changed.

In previous articles I cover remote working quite a bit because it supports the shift to lifestyle as a motivator. Just like company culture can be more important than landing your dream job, lifestyle is no longer a means to an end, but an end in itself.

 

Why College Has Lost Its Mojo

lost-mojo

Someone recently asked me, “If you could go back and give yourself advice what would it be?

My response: drop out of college

With a perplexed reaction to my comment, I began to explain:

A college degree isn’t worth much anymore…just ask your next employer. Experience matters, where you got your degree from doesn’t. The sad reality is most college grads take a job outside of their major and spend the next 5 or so years working just to pay off student loans.

Also college doesn’t teach “real world” skills. I spoke to USC freshmen and sophomores in a career workshop before and said the 3 most important skills to learn in college are: networking, gaining experience (usually through an internship) and learning how to sell (product, services and yourself). Ironically, those tasks aren’t taught in college unless you take advantage of resources as a student.

Lastly, flexibility is the new definition of success. Money isn’t as valuable as controlling your time. Millennials are the most entrepreneurial generation because they want to make an impact and be happy doing it. Steve Jobs, Richard Branson and Kevin Rose prove college isn’t for everyone.

Trade schools and incubators are on the rise because if you have an idea that can potentially make a lot of money, why put it towards an education that doesn’t translate to much? As a Bachelor’s & Master’s degree holder, I may sound like a hypocrite, but if I could do it all over again I’d pass college and jump directly into entrepreneurship.

Why Do You Want to be An Entrepreneur?

Being an entrepreneur is certainly a stressful experience.

Why, then, would anyone dream about taking their chances as an entrepreneur?

It is not that hard to fathom.

Let us find out why.

It is Satisfying

When you taste success as an entrepreneur, it could be both emotionally and financially

rewarding. There is no better feeling in this world than seeing a product you have

designed on a store rack, or when you have provided extraordinary service for an

appreciative customer. It is all the more exciting to win a new customer over or

successfully complete a sale when you know it all comes down to your perseverance.

Further, it is very pleasing when customers tell you that your service has truly made a

remarkable difference in their lives. Finally, it goes without saying that generating

profits and knowing your business is scalable provide great personal satisfaction as well.

It is Flexible

The degree of flexibility in an entrepreneurial avatar is far too flexible than what you

would experience in a typical 9 to 5 job. Yes, you can put in more hours at work, and

you can very well do so whenever you want- on your own terms. Moreover, you can

take a break at 330 to pick up your kids from the school down the road. What’s more,

you need not seek for permission from your boss. If you are nocturnal, you can change

your schedule to work from 12 am to 5 am. You are the boss. You are free to call the

shots. And, it can be quite exciting.

It is an opportunity to create

What do you want to do as an entrepreneur? Do you want to build something new? Or,

do you prefer to help others around you? Maybe you want to form a legacy that will

outlive you. Or, you want to help the community by leaving something behind. No

matter what motivates you, building things or creating stuff right from scratch is akin to

raising a baby.

Got a new idea for a small business? It is not difficult to get business loans these days.

Several small business loan companies are ready to turn your dream into reality. Leave

it to them, and set your focus, rather, on the new idea. The joy you get from seeing

your idea grow, and develop over time into a successful entity is incomparable.

The sense of accomplishment, the degree of flexibility and the chance to innovate that

an entrepreneurship role offers is quite difficult to replicate in most other professions.

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