6 Reasons Why You Should Get a Job Before Starting a Business

by Startacus Admin

Since it’s so easy nowadays for anyone with a laptop and a dream to start a business, many have adopted a condescending view towards jobs and education. What they fail to realise, however, is that those with a solid foundation will always have an advantage over those who don’t. An education will always be an asset, and having an actual job before you launch your business could be beneficial in tons of different ways. Let’s take a look at why you should consider getting a job and an education before starting a business.

Getting a Job will Give You a Lot of Inside Information

The best thing you could do if you want to start a business is to get a job in the exact same field. This will give you tons of valuable insights on how the business works from the floor up. You’ll be able to see mistakes, and where the business could improve. You’ll also see some of the risks involved in the business, some of the recurring issues the industry has to face, and a deeper understanding of structure.

Not only that, but you could eventually make some valuable personal bonds with people there, maybe even future partners. The best part in all of this is that you won’t have to take on any of the risks.

School is a Great Place for Networking

School can be a great incubator for businesses, and some of the world's greatest businesses were started on campuses. This is because you have access to skilled teachers who will be able to guide you through the ropes, likeminded students, and in many cases, self-made entrepreneurs with great insights. This is also where you could start building contacts and valuable relationships that could be helpful later on.

You’ll Get to See if You’re an Actual Fit

Maybe you had a particular idea, or a field you wanted to start a business in. However, in many cases, people only realise they were ill prepared once they’re in the thick of it. You may have a romanticised idea of a certain business field, but don’t really understand what goes on behind the scenes. This is why getting a job in this field before you start will give you a better idea of whether this is something you could do.

You Will Refine Your Skill Set

There is really no reason to rush to start your business only to fall flat on your face. Your job will allow you to work on or acquire valuable skills that will make you a better entrepreneur.

Working in management, for instance, will allow you to refine your leadership skills. Working in accounting will come in handy when it comes to bookkeeping. Working on contracts may help you become a better negotiator. See it as a form of training before you start; make mistakes now, and you won’t have to make them when you’re running your own business.

This is why we suggest people start looking at job profiles now. If you’re looking for a great resource, you could check out Uni Compare. You could use Uni Compare's job guides to look at different types of jobs where you could start developing skills. They have a full list of business-related jobs, and you’ll be able to look at the responsibilities of each job and how they could benefit you.

You’ll Learn the Importance of Discipline

A lot of people also tend to think that owning a business and having a job are two completely different things, but that’s one of the most dangerous misconceptions that you could have. Running a business is a lot of work, and unlike a job, you always have to be on call. You might also have to work much longer hours than you would in a regular job. Working a job first will allow you to build the discipline needed to run your business like a well-oiled machine and learn how to respect obligations.

You’ll Have More Financial Security

Last, but not least, having a job first will allow you to start saving for your startup, and have more security in general. Having the stability of a job is a great way to start building on your idea without the stress. Not only that, but you’ll also be able to build your personal credit, which could have a huge impact on your ability to secure financing.

At the end of the day, having a solid background, formation, and experience will always be a benefit if you decide to start a business. So, before you jump in head first, we strongly suggest that you consider getting the education needed, and test the waters by getting a job in the field of your choice.

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Published on: 14th May 2020