CROSSROADS CHAPTER ONE OF ON YOUR MARKS
CHAPTER ONE: CROSSROADS
You
are dissatisfied.
You
know there is more to life than what you are currently experiencing. It doesn’t
matter who you are, or where you are, or even how much you are making; you
believe there must be more to life and there is.
But
why do you feel this way?
Perhaps
you are a white collar worker who has been passed over for promotion several
times, or a graduate tired of interviews, maybe you are unhappy with the type
of work, you are doing and you feel caged or you are undergoing a conflict of
values with your current employer. Nevertheless, you have reached a crossroads
in your life and you stand at the fork of the road wondering which way to go.
You
could take the path you are familiar with, it’s the safe path. You wake up in
the morning, put on a suit or dress,
manoeuvre the city traffic and arrive at the office at the designated time. You
then go on to spend the next eight to ten hours at your desk or in meetings. You do
this, every day, and at the end of the month, your account is credited.
Then
there is the second path. This path is jagged and shrouded in mystery, you are
not even entirely sure where it leads but you are becoming increasingly curious
about the path. When you think about it you are scared and excited. But how can
you take this path when it is so uncertain? What if you lose your way?
This analogy is designed to help you understand the emotions most people experience
when they begin to contemplate entrepreneurship. By definition, an entrepreneur
is an individual who sets up a business or businesses, taking on financial
risks in the hope of profit. And these are the risks that give you pause.
Transitioning from full-time employment, or even unemployment, to starting your
own business can be daunting. After all, there are no assurances and no way to
know whether or not you are making a huge mistake leaving the certainty of paid
employment behind.
However,
there is no escaping the fact that you are no longer content with working for someone
else and your discontentment may be due to a myriad of factors.
Financial
Challenges
It is
often stated that labour is cheap in Nigeria. This is the case whether you are
the hired help in a home or the manager of a bank. Because of this, many of us
will experience frustration with our pay. Due to the current state of the
economy, many employers are paying salaries in inconsistent and incongruous
ways; meanwhile, the cost of living is steadily rising.
So it
is no surprise that your thoughts are leaning towards creating an environment
for yourself where you can be responsible for your own salary, even if it means
your salary will be lower than what you are used to for some time.
Career
Hiatus
You
have been working for your employer for five years and you have only been
promoted once. Your career has stalled, the engine that keeps it running has
died and nothing you do can get it to start again. Reaching a lull in your
career is a tough place to be in, as it can cause you to question many of your
choices even if you are reasonably paid. It is a state that can result in a lot
of pent up frustration and confusion as to what to do next. Naturally, you
begin to consider another line of work, one that affords you the opportunity to
reach your goals.
In my
case, I had worked in an organisation for more than eight years and I had never
been promoted. Occasionally, all the employees would be given an increment in
their pay and I had my job title revised on a couple of occasions, but it was
basically the same job. I knew I could do more, I wanted to do more and so I
resigned.
Age
Birthdays
and the realisation that one is ageing universally inspires reflection on one’s
life – What is your purpose in life? Are you doing what you want to do? Have
you achieved what you set out to achieve? Are you happy?
Men
are known to experience mid-life crises, named thus because the individual has
reached a point in his life when he believes half his life is behind him and he
begins to panic because he is under the impression that time is running out.
This is not unique to men; women also regularly battle fears that come along
with ageing; menopause can be a trigger.
You
maybe turning 40, and the phrase a fool at 40 is lingering at the back of your
mind. You may be asking yourself; if you are indeed the fool. Many of us
reflect on our life’s choices at events like school reunions - where you come
face to face with the achievements and failures of those you spent your
formative years with.
If
you’ve been in paid employment all your life, this may be the time that you
realise you want to leave a legacy behind when you go, and what better way to
do this than by building a business that will outlive you.
Passion
Nigeria
has seen more and more individuals succeed in industries that our culture
typically restricted to hobbies. Gone are the days when the only careers open
to you were law, architecture, medicine, engineering and the like.
You
are dissatisfied with just subsisting at work. The desire to try to succeed at
what you love is growing inside you. It doesn’t matter what it is. It could be
– blogging, consulting, interior design, or gardening – so long as you are
passionate about it and want to take a stab at turning your dreams into
reality.
Value
System
None
of us agree with our employers 100% of the time, but you can’t see eye to eye
with your employers on any of the important issues. You don’t agree with the
decisions they make or the way they run their business.
Perhaps
you are in a situation whereby your boss is taking money under the table, you
are forced to keep different accounting books, or you are being maltreated at
work. Integrity is a core value for you but in the business, you are in,
integrity is a no-no if their operations are to continue. Under these
circumstances, you may begin to contemplate striking out on your own. You want
to do things differently from how they are being done in your workplace and you
are struggling in that environment.
New
Challenge
You
are more bored than dissatisfied. Perhaps you have reached the peak of your
career or you simply find what you do to be uninspiring. Starting a business is
a way to give new meaning to your life and provide with you with problems to
solve and obstacles to overcome.
A
friend of mine turned down an NYSC internship with a major oil producing
company for one that at first yielded him a measly N25,000 a month. His family
and friends all thought he was crazy. The problem was the company had placed
him in Logistics and that was not what he wanted to do. Today, he is doing very
well in his own enterprise.
For this of people, money is not the issue or the answer. In fact, the
question is – Am I doing what I’m meant to be doing?
Dr
Christopher Kolade took on the job of Ambassador (High Commission) to The United Kingdom at age 61, at a time when his peers were typically preparing for
retirement. Today he is 85 and his hands are still full, proving that it is
never too late to make a change.
Unemployment
Graduates
are coming out of Nigerian universities in droves and finding that there are no
jobs. In fact, the current economic climate is such that people are actually
losing jobs and there is no certainty that they will find one to replace it in
the near future. In that situation, you are forced to be creative. You have
rent to pay, mouths to feed and you can’t sit at home doing nothing.
Starting
a business is an obvious solution under the circumstances and the urge you
feel to pursue this idea is growing daily.
Often
in life, when all roads seem closed to you, you have to make your own way. A
while back I wanted to take advantage of a program on the radio but the radio
station kept on procrastinating and giving me excuses. One day my contact
called me.
“Ah
Jane, a long time. How are you?”
“I am
well sir. How are you?”
“God
has been good.”
“I am
so sorry that we were not able to get you on our station.”
“Don’t worry about it dear, I have started my own radio
program.”
She
stuttered, confused. “What did you say, sir,”
“I
said, I have started my own radio program…”
I had
realised that I was not going to be able to achieve what I wanted if I waited
for someone to provide me with the service I needed. I took the initiative and
created a platform for myself.
Near
Death Experience
Much
as with ageing, a near-death experience forces the individual to look back on
his/her life – Am I a good person? What is my purpose? Have I fulfilled my
purpose? These questions encourage the individual to try a different approach
to their life. This could include starting that business that they have been
putting off.
I
attended a conference years ago where Dr Pat Utomi spoke and told us about his
involvement in an accident and left for dead. After the accident, he became a
different person. Today, he is an entrepreneur and a mentor.
But
you don’t have to wait for a close call with death before you realise that you
are not in the driver’s seat of your life.
This
time of your life may lead you to other major life choices but for the purpose
of this book, we are focusing on entrepreneurship. Wherever you are in your
career, whatever the issues you are facing, the desire to start a business
won’t sit quietly in the recesses of your mind. It is making you restless at
work and irritable at home. You believe there is something you should be doing
and you are not doing it.
Let me
paint a picture for you. There is a woman in labour. Her baby presses against
her uterus. She is not ready – the crib hasn’t been assembled, she only has one
pack of nappies and her mother hasn’t arrived yet. She wants the baby to wait
another week, but the baby is determined to come out into the world. Beads of
sweat decorate her forehead and her breath is forced. She is told to push and
so she pushes. She pushes hard.
The
baby is the desire that you are trying to suppress. This is a nerve-racking
place to be - stay where you are and continue to feel unsure and unfulfilled;
or take a chance at being an entrepreneur and risk losing stability and money.
Destiny
is beckoning and it is demanding to be birthed.
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This is deep
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