There are many contrasts between running a business and working for a corporation. The corporate world has a significant impact on the lifestyle of employees. On the other hand, running a company allows business owners to be their own bosses. While starting a business can be daunting, leaving a secure corporate position can feel like throwing yourself into the deep end. Entrepreneurs need to be enthusiastic and passionate in order to progress in business.
On the ‘It’s More Than Money Podcast’, Kye and Kelly Harris sat down with Kim Payne, owner of 9Rok Consulting. Kim spent nearly 20 years working in the corporate world, moving up in the ranks before finally deciding to take the leap and go out on her own. The podcast episode dived deep into Kim’s philosophies which have helped shape her path of business ownership and got her to where she is today. Read on to learn more about Kim’s driving forces.
Many are cautious about beginning their own businesses. It can be challenging to see how running a business can work alongside establishing a family. As for Kim, she took the bull by the horns and left her corporate job with a 9-month-old baby. How’s that for confidence? Being successful in both your career and family relationships is indeed challenging, but it’s not impossible.
The mindset is the key to solving this problem. Kim explains that if you have the right mindset, you can triumph over any obstacle. It may scare you, but those nerves are what contribute to your personal development. Your company is more than simply a company; it is a reflection of you. Is that company one that is successful, professional or making a difference? If you are selling your time in exchange for money, you must build faith in your ability as it becomes your bread and butter.
Personal growth is a huge part of beginning your own business, and learning is a continual task. Kim spends dedicated time reading, listening, and practising what it takes to be a successful business owner and is continually working to build up her abilities. Though, during this process of continual growth, Kim emphasised that you must learn to accept yourself and find a way to reassure yourself that you are enough. Work to educate yourself further, grow as a person, consider the perspectives of others, and read with the goal of figuring out how you might apply what you learn to the real world.
It’s easier said than done, but owning a business is about maintaining balance. Keeping up an active lifestyle is an essential factor that will help you be physically, mentally and emotionally fit enough to take on the challenges that come with business ownership. Kim highlighted that exercise helps to clear her head, provides time away from work and enables her to be the best version of herself.
One of the key takeaways of the It’s More Than Money podcast episode was that there is never a good time to start your own business. One of Kim’s philosophies is “Do or do not; there is no try”, telling us to go ahead and do it if we really want to. Put an end to the waiting and approach a new venture head-on. There is no point waiting for the ‘perfect’ moment as the perfect moment may never exist.
The chat between Kim Payne and Kye and Kelly Harris inspires and motivates us listeners to aim higher. To leave the comfort of our current situation and develop ourselves to be better. There is never an optimal moment to start a new business, but if it’s something you’ve dreamt of, it’s time to give it a shot and go for it. If you can get your thinking right, you can prevail over any obstacle that stands in your way. And finally, remember to keep your energy levels high as the road to success is a long one.
If you’d like to hear more from Kim’s chat with Kye and Kelly, catch their episode on the It’s More Than Money podcast here.
Disclaimer: The information in this article is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any of the information you should consider the appropriateness of the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acting on any financial product or implementing any financial strategy.
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