Magazine article Management Today

What's Your Problem?

Magazine article Management Today

What's Your Problem?

Article excerpt

Q: I've worked in the construction business for 20 years and have had a long-standing desire to start my own consultancy. I feel now is the right time for a number of reasons but I don't know whether to start the business on the side or just to quit outright and go for it. What's your advice?

A: I'm always nervous of encouraging readers to be bold; to go for it; to make a clean break. It's all very well for me, standing on the touchlines, shouting at other people to show a bit of confidence and courage - while risking absolutely nothing myself.

But a firm decision to quit and go for it does have the galvanising (if scary) effect of concentrating the mind to the exclusion of all else.

I can see the temptation of starting your own consultancy on the side while keeping on with your salaried job, but it concerns me on two grounds.

I don't see how you could pursue this route without the knowledge and approval of your present employer; to do so would be to raise both practical and moral questions. Inevitably, you'd find yourself, however marginally, in competition with your company; and juggling your time could be a nightmare.

And, secondly, just at the time that you most need to be obsessively single-minded, you'd be distracted. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.