Career Spotlight is our monthly feature where we interview someone in the Calgary community about their line of work. This month’s spotlight features a local Entrepeneur.
Q: How did you become an entrepreneur?
I was always an entrepreneur, even as a kid, it is innately who I am. I wanted to control my time in order to maximize my value. I found I was able to do this best through contract work. I learned this young, initially while working for my dad. If I was able to get the work done in a shorter amount of time and still make the same amount of money, I was then able to potentially go do other work or go and play. I also realized that I worked more efficiently than others, and realized I could capitalize on this to get more done, make more money, and grow/improve faster. I took this into adulthood where I looked for work that I could do on a contract basis, so that I could have multiple contracts at any given time, striving to constantly increase my time-to-value ratio. In a way, my approach to work brought me into Real Estate and property investing, as it was able to fulfill many of my values and motivations.
Q: What do you like/dislike about being an entrepreneur?
As an entrepreneur, I like being in control of my time, the income is infinite, and whatever I put into it is what I will get out of it. The flexibility is great and I get to work when I want to work. I’ll never be out of a job, because I am in charge of generating/creating the work, and thus, nobody can fire me. I love putting deals together, creating a business, and the elation of achieving my goals.
If I don’t get out of bed, I don’t make a living. I can’t always be in control of the markets I’m participating in or the economy, on a whole. The great degree of pressure that comes with being an entrepreneur, and having to manage the broad range of liabilities can be overwhelming. There is a lot of emotional stress involved with being an entrepreneur and it can be tiring.
Q: Can you describe a typical day as an entrepreneur?
No, 100% not. Every day is so different. To be a good entrepreneur, you need to be systematic. The more routine you have, as an entrepreneur, the greater success you will experience. Incorporating balance in your life with the development and implementation of systems, for both for your life and your business is incredibly important. Having numerous written goals: daily, weekly, monthly, yearly, etc., helps to organize and prioritize your time, which, at the end of the day, makes you feel like you won. This reinforces the positivity of the actions you’re taking and the results you’re getting.
Q: Would you recommend entrepreneurship to someone starting out or switching careers?
No, I wouldn’t recommend it to someone starting out. The desire, passion, and fire has to be there early; there has to be an innate awareness of self, purpose, and drive. You have to believe in yourself, your service, or product, without a doubt in your mind.
I would recommend entrepreneurship to someone switching careers, as long as they understand the scope of the undertaking. Understanding that entrepreneurs don’t wake up with a job, you have to create a job every day. You must also be able and clear in determining what your goals and passions are. I would suggest starting your entrepreneurial venture on the side, to begin with.
Q: What training/education would you recommend?
I think that marketing and sales are immensely important as an entrepreneur. Networking is also very important. You should look to get an understanding of how to run a small business and gain an understanding of accounting. As an entrepreneur, one of the most important things is to always be learning and growing, observing and acquiring skills and knowledge from your network and supports.
Q: What’s your favourite part about your career/job?
I love being unique. Also, that I don’t have a set income and can make as much money as I choose to make.
Interview by Aaron Telnes
Registered Provisional Psychologist
Calgary Career Counselling