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How past experiences help build the foundation for business success

Past work experiences can help build the foundation for entrepreneurship.

Past work experiences can help build the foundation for entrepreneurship.

When you set out to start a business, you might be wondering what it will take to be successful. Drive and ambition are parts of the equation, as are preparation and perseverance. Everyone has the potential to nurture these qualities within themselves, but by looking at your past, you can see how your previous work and life experiences have prepared you to take on the exciting challenge of entrepreneurship. 

For example, entrepreneur Chet Kittleson explains in an article for Fast Company how his past experience working in "dead-end jobs" actually helped prepare him for his career as an entrepreneur.

Each position helped Kittleson gain an essential skill that would be useful down the road. These skills include empathy, the ability to see things from others' perspectives, customer service skills and more. Although the jobs he held during these times may have seemed unremarkable, they actually helped to lay a solid foundation for his life in the business world down the road. 

It may seem like your past work experiences are completely unrelated to the venture you want to build, but as this example demonstrates, they can actually be quite relevant. Take an inventory of your own past — what experiences and challenges have you had that will contribute to your ability to build and run a successful small business?

From working jobs that are less than ideal to other experiences that may not seem to be relevant at the time, many of life's experiences can lead individuals to become great business owners. From the details of checking for company name availability to selecting a business entity, CorpCo assists entrepreneurs with important aspects of incorporation. Contact us to learn more about how we can help!