Turn your passions into lucrative businesses by knowing the risks and benefits of entrepreneurship

1. Pursuing your Passion:
Full-time Job or Side Hustle?

2. My story:

3. 1.Create a
vision for
your future
What is missing in your life?
Why do you need to move on/change direction?
• Interests changed
• Financial need
• Coworker conflict
• Relocation
• Boredom

4. 2.Write about
your reinvention
 Think about what it is that you’d like to do
 Write your story
• What are my strengths?
• What are my weaknesses?
• What skills does this job/business require?
• What job/market requires my skills?
• What will make me want to get up and go to work each day?

5. 3.Surround
yourself with
visual reminders
of the life you’d
like to create
We act on what we repeatedly see!

6. 4.Why is “Why”
important?

7. 5. Break your
vision up into
workable tasks
Example:
1. Identify small business opportunities –
BizBuySell, Classifieds, Brokerages
2. Research your market – who else is
doing what you’d like to do? If it’s no
one, why?What are the barriers to
entry?
3. See who you know that works in your
field of interest and make a connection.
4. Ask for help! Contact the SBDC,
SCORE, other professional
advisors/consultants
5. Determine what you need to take
home and work backwards from there.

8. 6.What will it cost?
What are your start-up costs? For example:
Website and domain name
Business cards
Business license
City license
Insurance
Inventory
Working capital

9. 7. Every day,
go back to
thatVision

10. Resources:
 www.wsbdc.org
 https://seattle.score.org/
 www.bizbuysell.com
 www.franchiseforsale.com
 http://www.seattle.gov/economicdevelopment/business-
owners/start-a-business/startup-seattle
Jennifer Dye, MBA
Certified BusinessAdvisor
HighlineCollege
Small Business Development Center
206-592-4153
jdye@highline.edu
http://wsbdc.org/jennifer-dye/