Entrepreneurs like Mark Cuban often say that you’ll be successful if you “find your market.” What does he mean by this?
Mark Cuban is a self-made billionaire with a strong tech ability who found a need in the late 80s by developing internet radio with Broadcast.com. This site and platform no longer exist because Cuban sold it to Yahoo.com for 2.6 billion dollars! He definitely took advantage of an excellent opportunity to make money, at a time when internet radio was still a new idea.
Cuban later purchased the Dallas Mavericks NBA basketball team, as well as investing in several other companies on “Shark Tank,” the most popular show ever aired on public TV.
Thinking about becoming an entrepreneur? Great! Entrepreneurship requires you to think ahead and consider who your audience is. So as you are preparing for a career, think about two things for future success:
- What does your field pay if you go in as an employee for a company in your chosen field? How will you make yourself valuable to employers and secure your position?
- Could you start your own business with what you were training for and make an excellent independent income with it? Steve Jobs, another wildly successful entrepreneur and founder of Apple once said famously, “Life is just too short to do something you hate.”
He went on to say that entrepreneurship is not easy, but it is worth it if you put your all into a goal or a dream. So dare to dream when it comes to your field of industry and thinks about how you could either become more valuable to an employer in your chosen profession thereby increasing your salary, or find your market and develop your products and services around the public demand or need. If you can do that you will be a success.
Tip: The more creative you can be within your chosen profession, the more likely it is that your salary will increase and continue to grow. This is why fast food workers and factory workers make a lower wage than doctors, teachers, or truck drivers. The more specialized your field is, the harder you will be to replace.
Bring your skills, your creative mind, and talents to your career every day and people will notice. Start by preparing for professional training and look over the current salaries so that you will know what to expect once you graduate from college.
You may also want to consider looking at technical training schools. If you prefer to work with your hands, you may be happy with a career in Diesel Mechanics or Welding, for example. These jobs do not require four-year degrees, but you do need a certificate to perform them.
Diesel Service Technicians are reportedly making up to $70,000 in 2019, according to the Bureau of Labor Statistics. Now that’s something to think about, too if you have a talent in this area.
There is also a growing need for FinTech experts in the field of mechanics, as things become more reliant on automated machines for the diagnostic and evaluatory processes that mechanics and technicians have to perform when fixing vehicles and automobiles. You can plan your future success by looking at what the trends are now and figuring out where you fit in.
Start with a search that says “find a college near me” or begin at this article by Forbes Magazine which lists the top 25 technical training schools in the U.S. Then apply for scholarships or student loans at FAFSA.gov or do your own research to learn more.