Dear fellow entrepreneurs! I hope you are all well. I currently have a bit of a personal dilemma, maybe some of you went through a similar thought process or situation and are able to provide some insights?
I'm about to finish my business bachelor degree in December and now find myself at a crossroads. I started my first business venture 4 years ago (lets call it business 1) and it has developed pretty nicely in the last few year. Made over 1 million in sales and I was able to pay for my tuition that way. The income (commission based) however is heavily sales dependant and fluctuating, therefore it remains more a "side hustle" than a main income source.
I'm currently pursuing business idea 2 and business idea 3 (all ideas I had during my time at university and are still very very early stage currently). I also have trustworthy co-founders for these two projects that I know for multiple years. But now my father keeps mentioning that I should focus on applying for real jobs and put my focus on that rather than the new ideas. My self-doubt agrees with his train of thought but then again, now would probably be the ideal time to try out some ideas, before I have more responsibility (finance, family, etc.).
Have any of you decided to go the "own business route" without fully promising results yet, rather than choosing the safety of a corporate job? What was your reasoning for that decision? Thank you guys so much for your insights and advice!
After finishing university degree: pursue corporate career or work on own business ideas?
byu/Different_Scholar548 inEntrepreneur
Posted by Different_Scholar548
1 Comment
As a current startup founder, it feels like a huge trade-off between gaining domain knowledge by working in a well-selected corporate setting vs. gaining direct exposure to clients, investors and other inspiring founders that will teach you a lot in terms of how to build, and potentially run a company.
Rather than there being a perfect answer, in my mind, It really depends on the knowledge of a potential problem you want to solve (e.g some domain knowledge) and the skillsets you want to acquire (sales, marketing, networking, finance).
Overall, fore me at least, having cold-water exposure through starting a company feels like the right experience to have when being young. You always have the option bring your learnings to a corporate position afterwards.