Business Development · Entrepreneurship

Job with high salary and investing into my business idea or voluntary job with a good leader and finding an investor.

Alena Kropáčková Former gymnast, traveler, blogger, volunteer in TED.

March 1st, 2018

Hi. I came up with two options. I can find a boring job just for the money (where I will learn nothing) but I could be able to invest into my business idea and try it without any investors. Or, find a voluntary job with a great leader where I will learn a lot but woud not be able to support my business financially. I am not sure If I will be able to fully support my business financially If it goes well anyway. I have very small experience with business. So, with investor it could be better. On the other hand I like to do things little bit differently.

What would you do?

Hao Zhong Founder and CEO of Carousel Technology

March 2nd, 2018

No real investors will fund your business idea until you can convince them that it’s worth their money. And before you can convince them, you need to convince yourself. I am not sure if you have convinced yourself yet.

David M

March 4th, 2018

If you only have a business "idea" write a business plan. Evaluate all of this as you write it and especially when you get to the financial section. No serious investor is going to invest money let alone time if you don't have a plan. Eccentric investor maybe, foolish investor sure. Few of the first, tons of the second.

Paul Garcia marketing exec & business advisor

March 4th, 2018

It's understandable that you don't want to be bored. But boredom is also a sign of a weak mind unable to entertain itself. Your job is not entertainment, it's your job. Find a way in which you can excel and be proud of your job, even if it's not challenging. You have more credibility with conservative thinkers when you excel doing a known thing. And accumulating your own wealth is always a more predictable path to financing an idea than the mere hope of obtaining money from someone else.

When you're very good at a job you find easy it doesn't mean the job itself is easy. It's easy for you. And why not get paid well to do something that's easy for you? There are four criteria that each person must define to find a CAREER that they will stick with. 1) geographical location, 2) how you like to be rewarded, 3) industry of interest, 4) what daily functions you like to perform. If you can match all four of those, you'll be in a career that you'll keep. For each one you're not meeting, you will be leaving that job sooner and sooner.

If you know the "boring" job doesn't meet those four criteria, you have a choice to do it until you're so unsatisfied you move on, or keep looking until you find a right match. It sounds like what you find rewarding is not money, but something else. This will then be one of the most important factors in deciding whether you can only find these rewards working for yourself or if you can find them working for someone else.

It sounds like you may not be highly committed to starting something of your own, if you could find the right scenario somewhere else. It sounds to me like your intention to start your own business is because your expectations in the ability to meet your four criteria working for someone are low. It's understandable motivation to be a starter of something new. But you may also not have had the situation framed quite this way to understand what makes a career versus a job.

I encourage you to think big. And to remember that a resume only tells someone else what you have done or were asked to do, not what you are capable of or interested in. There's no reason you should settle for not meeting all four of your criteria.

David M. is right that if you have an idea, you must first turn it into a plan to see if it will be capable of and likely to meet your criteria of "success" just as with choosing a job.