Right After I Graduated College

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Right After I Graduated College…

Summary

  • I pursued a degree in exercise science, thinking about the best way to make a lot of money while helping people.
  • At a job fair, a woman suggested I go into Physical Therapy, claiming it was the best path for my degree with good earnings potential.
  • She mentioned making $85,000 four years out of college while working 45 hours a week, but I found that less impressive than expected.
  • I aimed to earn $100,000 immediately and was concerned about the long timeframe and additional costs to reach high earnings in most jobs.
  • Influenced by my entrepreneurial family, particularly on my dad's side, I decided to pursue my own business.
  • I realized starting a business might be harder initially, but it could lead to greater financial rewards in the future by gaining the necessary skills.

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How To Take Action

I would suggest setting a high financial goal, like aiming to earn $100,000. This helps keep you focused and driven. Start by looking at how your current skills can be leveraged into a small business. You can explore fields related to your degree, like offering online health coaching or creating digital fitness products, which don't require a hefty upfront investment.

A good way of gaining the skills needed for entrepreneurship is to surround yourself with mentors or seek advice from family members with business experience. This is a no-cost way to get valuable insights and encouragement. Remember, learning from those who have walked the path can save you time and frustration.

Next, network with professionals in roles you admire. This can happen through local meetups or online forums. It's a simple and low-cost strategy that opens doors and lets you see what works in real time.

Think about starting small while maintaining your current job, so you're not overwhelmed by the initial challenges of running a business. Begin with part-time commitments and gradually increase as you gain confidence and a customer base.

Lastly, remember that entrepreneurship might be harder initially, but the payoff can be much greater. Investing time in self-education through free online resources, books, or podcasts is a great way to build your business knowledge without spending a lot of money. This preparation will help you succeed in the long run.

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