You’ve put hundreds of hours into a side business that has generated consistent earnings for you. If you are looking for a job, why not use it to sell your skills? As long as your employer doesn’t think that you will quit your job in the near term to pursue your own business, you can leverage that business experience into a position. Here are a few examples.
Kelly has a wedding planning business that she’s done for the last few years. She primarily speaks with her clients after work and does her planning on weekends. She learned how to plan weddings by planning her own wedding and decided to start a business to make some money on the side. Having planned countless successful weddings, she is well-organized and knows how to handle clients well. She also launched a social media marketing campaign using Facebook, Yelp, and Twitter to promote her business. She had to learn the key marketing metrics and figured out where she would get the best bang for her buck when it came to marketing expenses.
Kelly can spin her wedding planning business in multiple ways. Since she is so organized and excellent with handling tough clients (her clients pay good money for a once-in-a-lifetime experience), she would make a strong candidate for a project manager or client manager role. Her ability to organize, multi-task, and plan while keeping her clients in the loop are a perfect fit for many corporate positions. Kelly can also be a social media manager at another company. She has experience marketing and understands the key metrics.
Bill is fascinated with the stock market. Ever since he was in high school, he has been obsessed with analyzing companies, comparing financial metrics, and building valuation models. Although not really a business, he has been successfully managing a substantial portfolio he inherited from his grandparents, generating above market, risk-adjusted returns.
Bill would be a great candidate to work as an equity analyst at a sell-side or buy-side shop. He has demonstrated a passion for the markets along with an ability to generate consistent above market returns.
Kyle has been successfully running a part-time import/export business. He has established deep connections from scratch with suppliers in Asia and Europe along with buyers in the US. Since his business doesn’t pay enough for his lifestyle, he decided that he needs a full-time job.
It takes tremendous drive and hustle to establish the type of connections that Kyle has. It also takes tremendous drive and hustle to successfully sell products. As a result, Kyle would make a great salesperson or business development professional. His experience with selling products and establishing business relationships and partnerships will be highly valued by many companies.
Building a successful side business can be an extremely effective way to develop your skills. Since you are doing everything on your own, you need to learn everything quickly to be effective. You need to hustle, work hard, be a self-starter, and take full ownership of your work product. These are all attributes that employers find attractive and desirable. The key for the business owner is to convince the potential employer that you are not a flight risk and to sell them on your skills. Also, make sure that you are well prepared for your interview by reading this post.
Professional Development and Personal Finance Blog