How Part time Jobs Improve Entrepreneurship Skills

IN BRIEF: How classical singers take classes, how karate experts practice, is exactly similar how a part time job can help you hone the necessary skills to become an ENTREPRENEUR. In this post we discuss the skills one can acquire to become an ENTREPRENEUR through part time jobs.

Entrepreneurship is the process of starting a business, typically a startup company offering an innovative product, process or service.

The entrepreneur perceives an opportunity and often exhibits biases in taking the decision to exploit the opportunity.

While the debate rages on as to whether entrepreneurs are born or made, one thing can’t be disputed: polishing certain skills can help you be a better entrepreneur, but not all entrepreneurs are born.

Part-time jobs are great work experience for students which helps them to acquire many skills which they won’t get through studying. The important skills one can acquire through it are:

Communication:

When you’re a Solopreneur, you may think communication is less of an issue, since you don’t have staff to interact with. If you do have staff, communication is even more important.

After all, poor communication skills can lead to decreased productivity with your staff, as well as low morale and opportunity for them to make more mistakes if they don’t understand your instructions.

A part-time job helps you to fine tune your communication skills while dealing with customers and staff.

Strategy:

Part time jobs help to set your goals, then develop an actionable plan to make them a reality. Dedicate time to simply dreaming about what you want for your business. Where would you like to take it? What’s your vision for it? Now, how can you get there from here?

It’s easy to think about the “right-now” aspect of your business, because the results are easy to see. But what about the bigger picture, long-term challenges and goals? How often are you thinking about those?

Without a constant eye on your business’ strategy and skilled assessment of that strategy relative to the industry and your competition, you can’t hope to grow it over time and remain competitive in the marketplace.

Finance:

In a part time job which deals with accounts You can learn a lot about your profit and loss, average client revenue and expenses from reports. A tool that helps you visualise your revenue and costs especially.

While you don’t need a CPA to run a successful business, you should still have a decent understanding of your finances, profit margins, cash flow and funding which can be achieved through financial part time jobs . The more comfortable you are with all of these numbers, the more confident you’ll be, and the better decisions you’ll make.

Customer Service:

Customer service is vital in many graduate careers, including management consultancy and financial services. Customer service is the care that a customer receives before, during and after a purchase.

Good customer service is friendly and polite, and puts the customer first; it is very important in creating loyal customers. These skills are well polished in a part time job that involves a lot of conversations with the customer.

Customer complaints and queries can give you useful examples of your problem solving and communication skills, both of which are fixtures on most graduate recruiters’ wish lists and for an entrepreneur as well. However, communication is such a broad term that define your ability.

Working Under Pressure:

Stress is no laughing matter. If you allow yourself to get frustrated and upset by setbacks, you’ll struggle as an entrepreneur. Learning how to use stress to your benefit is essential which can be learned by doing a job.

Responsibility:

Being responsible, reliable and trustworthy is all part of what graduate recruiters describe as self-management.

Good self-management involves being punctual, flexible, getting work done on time, and being willing to improve your own performance.

Employers sometimes complain that this is an area where graduates fall down, so if you can use your retail experience to show you can be trusted to get the job done, you’ll put yourself in a good position to get hired.

In addition to having gained financial freedom part-time jobs also helps in above aspects and get us ready to face real world challenges.