How can I prepare myself for the transition from self-employment to regular employment?
I’ve run a marketing and business consulting business for about six years, after having worked in marketing for technology companies for a few years. I started the consulting business so that I could have flexibility while pursuing a part-time MBA (completed) and so that I could eventually work from home while I had small children. I don’t foresee myself continuing in self-employment for more than another three to five years -- around the time my kids are settled in school. My work/income is currently only limited by the time I have available -- I've got tons of leads and I turn away a lot of work. However, I honestly don’t want to do what it takes to make a high income in self-employment. I hate having to start from scratch all the time -- building new relationships, going through the sales process, learning about a company and so on. I'm not bad at it, but I really do prefer a regular job.
Right now, I get calls from recruiters who are offering positions that would pay $100k. In three to five years, I’d like to go back to the work world as a product manager, marketing manager or marketing director. (I had previously worked my way up to the manager level.) In three years, I will have more than 15 years of work experience. However, a good deal of it will come from self-employment.
How can I best ready myself for the transition back to a full-time position? I expect that many employers will be put off by my years of self-employment. Moreover, I went through three jobs in four and a half years before that. So I sort of look like a job hopper who preferred to work on their own or who couldn’t get along with people. But that’s not the case. I was working for the same boss at two of those jobs and the third involved contracting for the other two companies. Even today, much of the work I do involves people with whom I previously worked.
My other challenge will be presenting my experience. I can’t really show measurable results. I often just get to work on a piece of a project or my client may decide not to track numbers. For example, two of my biggest clients regularly hire me to do marketing strategies, direct mail campaigns, search engine optimization and so on. But they don’t track results or report them to me...even when I ask. Granted, they keep hiring me, so I’m obviously not disappointing them. Still, I have no idea how many leads, qualified leads or sales my work generates. It’s like this with many other projects. I’m concerned I’ll look junior or that I won’t have numbers to put on my resume.
So what can I do to help myself transition back to work? I’ve got a few years to start putting these things in gear. I'm not worried about references or contacts. It has more to do with the way I position myself and my experience. And, no, I'm not willing to leave self-employment yet. Thanks.
(Anonymous because some clients read AskMefi.)
I don't understand. If people are offering you work at a competitive salary, what's the problem?
Anyway, I work for a non-profit industry association representing advanced tech companies (in a smallish city on an island on the western edge of Canada).
Among other things, we act as a matching service to introduce potential investors to promising startups, qualified/non-sleazy consultants to tech firms, and skilled talent to hiring managers.
If you have three to five years, why not target some of the companies you would like to work for. Pitch and complete the projects you can, while building relationships and establish a track record with quantifiable metrics.
In three years they'll probably make you an executive.
posted by KokuRyu at 9:39 PM on July 5, 2007