Ask A Coach: I’m thinking about going into business for myself. Your thoughts?

Sharon Keane ’84
Meet Sharon on IrishCompass

We’ve learned so much through the pandemic experience about where, when, and how we want to work and what we want to work on. The Great Resignation is on, and for many, this means tapping their entrepreneurial spirit to go into business for themselves. 

Here are a few things to consider as you weigh your options and make future plans:

  1. Take stock. Spend time reflecting, evaluating, and writing down your reasons and goals for making this change. Also, think about your risk tolerance and view of success and failure.
  2. Consult with those who know. Connect with entrepreneurs who have this experience. The Alumni Business Directory on IrishCompass makes it easy to identify these people and send them a request for a conversation. Go into that conversation prepared. And keep to time. Say thank you.
  3. Make realistic plans and think through contingencies just in case things don’t go according to your plan. Remember, they may go better!
  4. Surround yourself with support. We all need sounding boards — advisors, mentors, and coaches who will give us honest feedback and the best advice they have. Tap them.

 

Sharon Keane ’84 is Director of Professional and Alumni Education Programs with the Alumni Association and also coaches in the Notre Dame Alumni Association’s Career Coaching Program. 
 

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