Building a dream career involves identifying passions, monetizing them, and setting realistic goals.
Balancing a side hustle while working full-time requires efficient time management and reassessment if needed.
Deep dives
Building a Dream Career
Finding and building a dream career is a multi-faceted process. It involves identifying your passions, finding ways to monetize them, and being open to changing career paths as your priorities and interests evolve. Dream careers are not necessarily one-dimensional, but can encompass different aspects that bring fulfillment, such as financial stability, creative freedom, and meaningful connections. Goal setting plays a crucial role in achieving your dream career, allowing you to track progress and stay on track. It's important to set both realistic short-term goals and larger aspirations to maintain motivation and direction.
Starting a Side Hustle and Managing a Full-Time Job
Starting a side hustle while managing a full-time job requires balancing time and energy efficiently. It's essential to prioritize the goals of your side hustle and allocate resources accordingly. If the aim is to eventually transition to full-time entrepreneurship, dedicating a portion of your income towards savings specifically for the side hustle is crucial. On the other hand, if the goal is to maintain the side hustle as a passion project, balancing it alongside other commitments and finding fulfillment outside of work can be key. Recognize when it's time to reassess and potentially pivot if the side hustle becomes draining or loses momentum.
Investing in Dream Careers and Business Ventures
When investing in dream careers and business ventures, several factors come into play. Trust in the founder is paramount, as their passion and expertise drive the success of the venture. Disruptive ideas that solve problems or fill market gaps are especially attractive for investors. Understanding the stage of the business is important, as investments typically align with series A funding rounds that have some market traction and revenue streams. Building a supportive community and forming strategic partnerships are essential marketing strategies, especially in the early stages when budgets are limited.
Launching May Wines and Navigating the Wine Market
May Wines, a single-serve glass wine brand, was launched to address a gap in the market for an accessible, luxury experience in the single-serve category. Recognizing the struggles of wasting unfinished bottles, May Wines offers single-serve options in varietals like Sauvignon Blanc, Rosé, and Pinot Noir. The brand aims to make wine fun, educational, and inclusive, appealing to both novice and experienced wine enthusiasts. They prioritize quality and affordability, rejecting exclusivity, and are focused on disrupting the traditional wine industry through their innovative approach.
Do you want to figure out your dream career or what is important to you, but are not sure where to start? Jaclyn Johnson, founder of Create Cultivate and venture capitalist, shares seven steps to building the career of your dreams. Having launched multiple successful businesses and hosted events across the country where entrepreneurs and founders could share their insight, Jaclyn chats about discovering your passions, how to grow your skillset, and why you should start setting realistic short-term goals. We discuss what everyone should know before you launch a company and how to turn your side hustle into a full-time job. Follow Marianna: @marianna_hewitt Follow Jaclyn: @jaclynrjohnson
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