Highs, Lows, and an Unusual Entrepreneurial Journey

March 6, 2011

in Business, He Says

he says y chromosome speak at bizchickblogs

The only commonality in one entrepreneur’s journey
from the next is the idea that unknown variables persist.

Destined to be an Entrepreneur

jka

JK Allen

I’ve been attracted to entrepreneurship since I was a kid. At 5-years-old, I sold used ink pens for 10 cents a pop in a door to door operation I created. My business model was simple and potent, consisting of one sku, 100% profit and zero overhead. My conversion rate was unimaginable, converting a sale at 90% of attempts (when adults answered the door). With a healthy flow of word of mouth marketing, coupled with my appeal (some felt sorry for me, and

others appreciated my hustle), I was turning a cold profit…$2 per day!

Fast-forward 19 years…

At 24-years-old I started my own business in the real estate industry and jumped out the gate doing better than I ever hoped. Unfortunately, three years later the market tanked, leading to a hard decision – close up shop and find a new opportunity. I was fortunate to have side-stepped around the massive financial burden that touched most people in the real estate business…but it came at a cost – having to re-enter the corporate world.

A Fast Low to a Quick High

One month into my new job, in a meeting with my manager, I shared my struggles of losing the freedoms that I once had as a business owner. I had hit a low. As I explained my tribulations, it dawned on me that what I had missed wasn’t the real estate industry, it was the utilization of my natural gifts and creativity to formulate and close deals. I loved the entire process; the hunt, the nurture, the challenge, the networking, the teamwork, and the ability to get paid directly based on my performance.

It was during this conversation that the light turned on in my head. I realized that I could operate in an entrepreneurial fashion no matter the arena. I could use this approach to work either as a business owner or an employee. I was passionate about wedging myself in front of unique opportunities and benefiting everyone in my network.

It did not require the ownership of a business to pull this off.

I spent the next 30 days evolving my approach from being an employee, to being a business owner again. Yes, a business owner as an employee. Sounds like a strange concept, but it was a game changer for me (for the better). I took full ownership of the responsibilities that came with my role and managed them as if I were a contracted firm (although I was a non-exempt employee). My new approach quickly raised eyebrows leading me to a significant promotion (50% pay increase) at my six month mark. The promotion placed me at the head of a team in which I went on to have each team member promoted within the next year, including myself again.

After two years I took a new job with a significant increase in responsibility. I’m still under the employment of this company and have been for just under two years.

An Entrepreneur at Heart (and with Benefits)

I know my situation doesn’t fit the mold of a traditional entrepreneur, but I still conduct myself as one and reap many of the benefits. How so? Check the spread below which details some of the benefits:

Passion. I love the art of the deal. While my role isn’t exclusive to sales, I am responsible for negotiating multi-million dollar contracts and developing/managing large client relationships. This isn’t the same type of passion as helping troubled youth, but it’s a factor that holds my interest and makes the job fun.

Time. Everyday my number one goal is to spend as much time with my wife and kids as possible. Being a top performer comes with extended freedom. Part of my drive is not only to continuously increase my pay by increasing my performance, but also to increase my ability to manage my own time.

Creative Control. I work for a large, 60-year-old corporation that employs over 23,000 people around the globe, so as you can imagine, rigidity defines its processes and structure. Even still, when you get positive results, you reach a point where people don’t care how you get them (albeit ethical and within policy).

Ownership. I have a direct manager, but I consider myself to be my boss. By keeping on the right side of the radar (with positive numbers) I don’t have to be coached or reprimanded for poor performance. This keeps micromanagement at a halt.

Money. Having no financial ceiling and being 100% rewarded for my output is difficult to achieve in the corporate world. I haven’t managed to figure this one out, but I am compensated well, and above my peers because I’ve proven myself by performing at a high level.

Preparation is Formless

I’ve made the best of the last four years in the corporate world and have continued to nurture and develop my entrepreneurial spirit. It hasn’t been the most ideal situation, but it has been a fantastic training ground, increasing my business intelligence – further preparing me for a new journey ahead. It’s also been a true test to my determination.

In my closing months as a corporate entrepreneur (yes, I’m going to get back on my own two feet), no longer do I kick myself for leaving my own business, to work for someone else. I’ve taken valuable lessons from my experience in management, leadership, driving business and forging relationships with multi-million dollar clients.

If you can own it and acknowledge it, your preparation has no form; taking shape in any way you need it.

There’s no Right Way

This article boils down to the notion that there is no single right way to go about achieving your aspiration in becoming an entrepreneur. Whether you are aspiring to own a business for the first time, or you want to reclaim a dream – you can. Just because your current situation doesn’t fit into the mold of what an aspiring entrepreneur should look like, doesn’t mean one thing. There’s no right way to go about it, only a wrong way. The only wrong way is inaction. SO ACT NOW!

Many entrepreneurs have taken non-traditional routes to fulfill their dreams. In fact, non-traditional is actually more traditional than not when it comes to an entrepreneur’s journey. I guess we can say that in many cases that an entrepreneur’s journey is simply unusual.


How has your journey differed from what is taught in school, or learned from books and magazines? Please share, your comment may inspire another.

Image Credit: Shutterstock

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johnflower March 23, 2011 at 4:06 am

I have respect for people who can sell. I was a rep for four years. I hated it. I didn’t know the first thing about selling, and I never got the hang of it. I suppose we all have to sell, but in that particular job, I failed.

I have this vivid memory of a lady who sold me curry powder in a pizza joint. I’ll never forget that. She was magnificent. She managed to sell me something I don’t need at all. To top it off, it was food-related, and she was selling it in a pizza shop. She was using her opposition’s ground to sell her stuff. Wow, what a seller! Incredible.

Jk Allen March 27, 2011 at 10:25 pm

Selling is a skill worthy of respect. Especially those who are highly skilled and back with integrity. We all have to sell, there’s no way round it. It’s about making an effective connection between a need and a solution – it’s never ending!

Thanks for the great comment and sharing your story at the pizza parlor.

stevenpapas@norton360disount March 12, 2011 at 5:41 am

that’s one of the core differences between entrepreneurial and employee mentality: it’s the feeling of ownership. This is where passion, creativity and walking the extra mile springs from. I also used to be in the corporate world and being a pioneer in sales I felt like being a boss myself. I recently moved to full time blogging. Thanks for the inspiring post JK!

Jk Allen March 12, 2011 at 4:42 pm

Steven – thank you for sharing your insight. Full time blogging huh? That must be nice. I think I would love doing that! But for now – I’m hustling in corporate America!

Thank you for the insightful comment!

Mark Harai March 11, 2011 at 8:37 am

I love this Jk – awesome advice to give any motivated employee who desires to grow and become a valued resource at their place of employment.

Before I started my own businesses, I was always promoted very quickly to management positions for companies I worked for because I treated my position as an owner. Reliable hard working individuals who are reliable and can oversee people, motivate people and eliminate problems are invaluable to business owners.

It’s all in the mindset — and if you can master this working for others, it will often lead to business ownership in the future.

Cheers Jk – and thanks for sharing this part of your life – I feel like I know you much better now : )

Jk Allen March 12, 2011 at 4:32 pm

Mark – thanks for coming by and showing support. I greatly appreciate it! I agree that it’s all about the mindset. I own the results and the name I make for myself – so it’s important to be of the best. There’s something that comes with ownership. It’s makes me more accountable and take it more serious. So for me to be successful, I have to establish an element of ownership.

Again, thank you for your continued support. You’re the man!

Dia March 7, 2011 at 9:12 pm

Hi JK,

Wonderful post my friend. I love your mentalilty and the way you think. The way you think JK is a proof that you an entrepreneur at heart. I like how you think of your current job as your own business and how you give it all you can. This concept is the key to growth my friend. The more action you take and the more you give, the more rewards you will get and the more you will prosper.

As always JK, great article :) Thanks for sharing

Jk Allen March 7, 2011 at 11:32 pm

Hey Dia – glad you liked the post. Thank you for the encouragement boost – I can always use a dose of that. PEACE

Tia Peterson March 7, 2011 at 8:29 pm

Look at all the men you’ve brought to our blog, JK! lol It’s a peaceful takeover.

Great work. I just came across a quote today by Maya Angelou that’s very fitting here:

“Nothing will work unless you do.”

Great job on your hard work. Inaction holds us back; courage and decision propel us forward. You’re very inspiring. Thank you for such an awesome post.

Tia

Jk Allen March 7, 2011 at 11:23 pm

Hi Tia – yeah, figured I’d call out my fellow testosterone heavy friends to check out this great place. I find the perspective here to be great…Biz Chicks know there stuff!

I love the Maya Angelou quote…it’s so true. It starts with us, our attitude, our approach. Cause and Effect!

You’re welcome for the post…thank you for hosting it. I don’t post on other sites much at all…it’s a badge of honor to have made the cut here.

Thank you!

Marlee March 7, 2011 at 2:48 pm

You know what I love about this post…THE COMMENTS!

It’s cyber (and social) proof that you’re the real deal JK. Your people met you here. You’ve built real community. You’ve proven that although unknown variable persist, action prevails.

Welcome to bizchicks JK. Thanks for being here!

Jk Allen March 7, 2011 at 7:15 pm

I’m a lucky guy to have the community support. Being new to the game, it’s great to have wonderful people to show support. It’s encouraging as heck!

Thank you for presenting me with the opportunity to post here at BizChicks…I’ll be back in the future for sure (if that’s cool!).

Thanks Marlee!

Frank March 7, 2011 at 2:02 pm

Jk,

Thanks for being so open and sharing your personal experience with being and re-defining becoming an entrepreneur. I am continually impressed by the amount of talent you have. Your potential in limitless and I am glad to consider myself a part of your network. This is one of the best posts you have ever put together and I won’t do it any justice with an off the wall comment. So I will leave it at that and say outstanding job.

Jk Allen March 7, 2011 at 7:12 pm

Frank – when we were chatting over the phone on Saturday, this is what I was working on prior!
I’m glad you liked it and thank you for coming through to show ya’ boy some support. I appreciate it man. And I’m honored to consider myself a part of YOUR network. PEACE!

Jason from Skyward March 7, 2011 at 11:40 am

Jk,

After following you closely for the previous months, I have to say that I really enjoyed learning more about your professional life. You neve cease to amaze me man!

If you could bottle this message and deliver it to every employee around the world, the face of business would instantly change. You, my friend, are an intrepreneur, just like Marcus said, and your tremendous success comes as no surprise.

This is a perfect example of expanding the circle of influence. The problem is that most “employees” see themselves as a robot with a time card. They only use the portion of their brain to fulfill their job description. Intrepreneurs see themselves as limitless, they have the ability to see the big picture, and as they take on bigger and bigger obstacles, their circle of influence expands.

Another term used to define you Jk, is linchpin. Your department, and the success of all your “peeps” hinge on you. You’ve helped others to gain the same ‘larger than life’ perspective and a result, everyone involved as well as their families are blessed.

Regarding your future endeavor, best of luck to you my friend….but we both know it’s not about luck, it’s about hustle!

Jk Allen March 7, 2011 at 3:02 pm

Hey Jason – I think I’ve done somethings to have karma working strongly on my side – because the kindness has been extremely generous. Thank you!

That term “linchpin”. I’ve seen it…I must have seen a book or something at the bookstore with linchpin in the title..but before your description, I had no clue what it is. I surely don’t want to sit here and say that i’m a linchpin – but I will say that I’m driven to pull my weight and exceed it if I can.

Thank you for the well wishes…and I love how you closed it out:

“….but we both know it’s not about luck, it’s about hustle!”
PEACE

Marcus Sheridan-The Sales Lion March 7, 2011 at 8:39 am

JK, WOW, maybe the best article I’ve ever seen from you my friend. I can tell you poured your heart and soul into this one and it was simply beautifully done.

I always tell corporate folk friends of mine– There are entrepreneurs and their are intrepreneurs— They are both the same thing.

You used to be an entrepreneur, but fate took you to the corporate world. But instead of rolling over and turning your mind off, you became an intrepreneur– and entrepreneur within (intre) a company.

Well done my friend, well done.

Great read.

Marcus

Jk Allen March 7, 2011 at 1:55 pm

Marcus – and Wow at your reply! Thanks for introducing me to the term “intrepreneur”. It might be a popular term, but I honestly haven’t heard it prior!. I’m glad you liked the article…
Thank you for supporting the hustle. I’ll catch you next on TheSalesLion. PEACE

Stuart March 7, 2011 at 3:28 am

Jk, man, great to see your writing appear on other websites as always, but especially great to see a guest post from the Hustler! I was wondering where you might pop up next ;-)

Brilliant read man, you’ve done yourself and your family proud with your ‘journey’, not many people have the drive and passion to succeed in tough places, but you sure do. I always love reading about your tales, as they always inspire me.

Retweeted this article and splashed it onto my Facebook page, people need to hear the message! ;-)

Jk Allen March 7, 2011 at 8:06 am

Thank you for pushing this out to the world! You’re right, I don’t gust post much, simply due to my schedule…but it’s an avenue that I want to start expanding in. Hopefully! I’m glad you found some inspiration from this post…that was the push on my end, so it’s nice to know that it came across as planned.
Thank you Stu!

jonathanfigaro March 6, 2011 at 9:07 pm

You see JK, this is why I associate with you. You easily cultivated your past into paragraphs but the great thing is, your sincere and truthful. You can’t fake authenticity and the advice you provide is great. I’m always here to support your movement! I never knew you where an entrepreneur even as a kid. Thats so awesome. I know your goal are high as are mines. Great minds only think alike. Word from the rise…stay on this path…Your can start a magazine with the things you say and info you provide.

Jk Allen March 6, 2011 at 11:17 pm

Hey Jonathan – I thank you for supporting the movement man. You’ve been around since the beginning of my rough 8 months of blogging. Thank you for continuing to hang in there. I pass the same advice to you…hang in there, because what you have brewing and stewing is the beginning of a something BIG. Again…thank you man! PEACE

Tisha March 6, 2011 at 8:54 pm

You never cease to amaze me with your insight and intelligence JK! AND since you are everywhere (I mean, seriously my friend, when do you sleep!!) :-) I have no excuse not to take your more than wise advice. I have often felt that my hap-hazard road to entrepreneurship has cost me the kind of success that I have sought in the past, but I’ve recently begun to realize that all I’ve experienced (even the mis-steps) have taught me so much about where I’m going and what to do when I get there.

I’ve always believed that freedom was state of mind and your experience in the corporate world just proves that NO job or circumstance can take away our drive and determination to succeed; We may have to alter our paths a bit (and bravo to you for taking such control!!) but with hard work, integrity and a clear plan, nothing can stop us from achieving our goals. I love that you keep your #1 priorities front and center and allow them to put something that might otherwise be undesirable in it’s proper perspective. Great, great article and way to lead by example!

Jk Allen March 6, 2011 at 11:35 pm

Hi Tisha,
Wow! Those were some smile worthy words you used. Seriously, I was like “was that really for me”. Thank you so much for that. Trust me, I was grinning!

My mom is a great example of me. It wasn’t until I was an adult that she got on her life on track, and now owns one of the most successful hair salons in Oakland. It took her years of working for others, in other industries, having failures – but she stuck with it, learned the game, perfected her craft and her approach and now she’s leader in her business. She’s now turning 50 this year.

One thing that I always tried to do was associate my success with my age. There are all these young millionaires out there, and I figured that I needed to be one. In reality, everyone’s road is different because we all have different passions, aptitudes, lessons to learn…and flat out, the universe challenges us in different ways to ensure we really want what we’re going after. We’re given all of these puzzle pieces and it’s the hard work, the grind, that puts the puzzle together.

P.S. – I allocate 35 hours per week for sleeping (5 hours per night) – I figure that I have to make some sacrifices at this stage of my life!

One more time…thank you Tisha for the great/kind comment!

Lloyd Christie March 6, 2011 at 7:53 pm

Wow Vary impressive, man after my own heart, you started so young. you sure do tick the entrepreneurial check list, An entrepreneur delivers a four hit combo on the world

1 Vision
2 Drive
3 Skill
4 Heart

Entrepreneurs love the autonomy to exercise their Skills and Vision and benefit from their results. performance is the name of the game and employer’s need people with an entrepreneur mind set to take ownership and lead the business into the future.

Jk Allen March 6, 2011 at 11:44 pm

Mr. Christie – What’s up!

Autonomy is so important for me. I can follow rules and directions – but the way I’m wired, my best approach to things tends to be a little different than normal at times. That’s why the freedom of creativity is important to me professionally. If I have to follow rigid processes that aren’t optimized to the most efficient state – I feel like I’m wasting my time, and that comes with a depletion of motivation (because I feel like I’m in a losing situation).

Thank you for coming through and commenting Lloyd. As usual – I appreciate the support you never forget to show!
PEACE

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