If you want to keep control of your career, Tevfik Arif says becoming your own boss is the ultimate alternative. However, this journey entails multiple considerations and commitment to making solid decisions that can stand.
This is because you must trail on several parts, which need resources, creativity, labor, and overall outreach to achieve the desired success. So, knowing the right path to take eases what can be done in providing a detailed plan for engaging in entrepreneurship.
Listening to Arif’s mentorship and educational programs provides valuable insights and charms of realizing and trusting yourself in starting a business. Thus, keeping in touch with these programs is a path to getting closer to success and being your own boss in the near future since he has wide experience in every entrepreneurship sector.
The benefits of being your own boss and running a business
Tevfik Arif highlights the key benefits of being your own boss in running a business and includes:
You become your decision maker
Being employed means even toxic workers micromanage you at a given time. Becoming your own boss ensures you make your own decisions without being directed or questioned.
You become the sole controller of your earnings.
Employing yourself keeps everything at your stake, meaning you can raise your standard without limitations. You will not experience employers’ limits based on industry or market as you will keep the last cent of profit by yourself.
You decide on your time.
Controlling your time is possible when you become your boss. You enjoy the freedom of deciding what to do at any specified time and so have the sole mandate for what to do.
Tevfik Arif’s business essentials
To achieve success while running a business, Arif believes that an individual or a company requires essential elements to build a solid foundation within its prospects. This includes;
Strategy and vision – a vivid idea of where to go and how to arrive there
Deciding on your vision and mission is the first consideration. These elements assist in gauging the right direction of where the business will move in the future. It’s also noble to be realistic about your goals and what can be achieved. When setting your mission statement, ensure it resonates well with the general direction of your company to maximize creating and harnessing surrounding opportunities.
Capital – to fund your business operations
Capital is the pillar of financing your business operations to flow seamlessly. Startups and rising businesses can access funds from crowd funding, angel investors, venture capital, and credit card financing. With the fund, a business can manage its operations easily by developing a practical business plan that is thoroughly researched and built on a vivid vision and mission statement.
People – team to execute the work
A team is vital at any workplace for any undertaking to move or operationalize. Individuals bring creativity and hard work to determine the level of success merged with their cooperation and coordination in every aspect of their work. Understanding what brings out the best in an individual on the team and how to tap talented members to function as an integral unit is good.
Marketing – growing your brand to reach multiple audiences
Marketing is promoting, selling, and dispersing goods and services to ensure the company brand is visible and reaches the target market towards loyalty and purchasing according to the brand. Marketing involves making decisions according to price, product, place, and promotion.
Reaching the target market requires building brand awareness and developing positive attitudes toward the brand. The best ways of marketing include influencer marketing, social media marketing, video marketing, and digital advertising.
Mindset- having a positive belief in yourself
Believing you are on the right course is critical to achieving your business goals. The mental state of having faith is the key driver of success. Building confidence and believing in achieving success aids in meeting your expectations and goals for personal and business life. Having the belief in your mind brings a notable difference.
Real estate as an example
Real estate is a broader sector that anyone can venture into and become the sole controller, even with few resources. According to Tevfik Arif, the practice involves having residential, commercial, or industrial properties.
Residential real estate includes; condos, single-family homes, duplexes, cooperatives, townhouses, and multifamily residences. Commercial real estate properties include exclusive properties assigned for business purposes like offices, hospitals, restaurants, parking facilities, and apartment complexes.
Moreover, industrial real estate encompasses production, manufacturing, distribution, research, and development properties. Venturing into real estate can help you become your own boss if you have the right mindset and compile your effort with determination and commitment. You only need the go-ahead, and that’s it!
Tevfik Arif’s tips for being your own boss
Jumping into entrepreneurship involves making a bold decision, which requires a deep belief in yourself. So use the following tips to adopt a successful path right on your gate.
Compile your skills and passion.
To discover your success path as a boss, you must unlock your skill set and passion and merge them into a successful business idea. If entrepreneurship entices you and you need help figuring out where to use your talents, think about your top experiences and skills to tap into.
Build your foundation strong.
Start putting your infrastructure in the correct place so that you can commit at the right time. Research potential network groups like professional clubs, mastermind groups, and professional events. Find a relevant and supportive mentor to help you connect with the right individuals and develop your requisite skills. Leverage your proximity to elevate yourself immensely.
Know that you are the CEO of your life
Seeing yourself as the boss of your life is the greatest way to become accountable and keep control of your decisions. As a CEO of your life, you monitor your operations and take proactive measures for outstanding results.
Update your portfolio
Being your own boss encompasses learning to market yourself, and this can be done by showing your skill set on the work you have completed. You need to provide proper records of your undertakings, for instance, landscaping, plumbing, and even freelancing. Get your information quickly to potential clients to an easily navigated website with key areas highlighted in the suffice.
Wrapping up
The journey to becoming your own boss is challenging but very possible. Gathering your courage and confidence and believing in yourself makes it a seamless process. Moreover, seek mentorship and educational programs, especially from Tevfik Arif among other peers, and you will check into a future of being your own boss.
