You're considering self-employment in the ERP industry. How do you know if it's worth the risk?

Assess market demand for ERP services, evaluate your expertise and network, weigh potential income against risks, consider your tolerance for uncertainty, and create a detailed business plan for informed decision-making.

1 - Avaliação das Habilidades e Experiência; 2 - Mercado e Demanda; 3 - Rede de Contatos; 4 - Planejamento Financeiro; 5 - Riscos e Recompensas; 6 - Consultoria Especializada.

Entering self-employment in the ERP (Enterprise Resource Planning) industry can be a bold move. To assess if it's worth the risk, consider these factors: Market Demand: Research the demand for ERP services. Is there a growing need for ERP solutions among businesses? A booming market indicates potential for success. Competitive Landscape: Analyze the competition. Are there gaps in service or innovation you can exploit? Being able to offer something unique can give you a competitive edge. Financial Viability: Evaluate the potential profitability of your venture. Passion and Drive: Gauge your passion for the ERP industry. Are you genuinely excited about the work and committed to its success? Passion fuels perseverance in the face of obstacles.

In order to be self employed in ERP space, one needs to consider the costs carefully as they vary by project locations. Additionally you need to be up to date to market yourself. It us rewarding if you build a reputation

You do have to manage priorities. No client wants you to work multiple projects unless they are in the same organization. So one should be dedicated to one project only. I have seen many good people becoming victim to it.

To remain competitive you need to maintain your skills and enhance them as the demand trends. Doing so you are placing yourself on a higher pedestal and become more visible and wanted

Benefits & Drawbacks: Weigh the freedom and flexibility of being your own boss against income stability and potential client workload fluctuations. Opportunities & Challenges: Consider the exciting possibilities of building your own brand and client base, while acknowledging the challenges of securing clients and managing your own business operations. Goals & Expectations: Define success for yourself! Is it financial security, client satisfaction, or work-life balance? Measure Your Progress: Utilize online tools like surveys and analytics to track client feedback Reflect & Share: Consider using journals, blogs, or even podcasts to document your journey, gain valuable insights, and potentially connect with other self-employed consultants.

Sirwin’s support and experience has been invaluable to us in shaping the key message for our diverse range of services. It often takes a critical eye to drive improvements and I would recommend Sirwin every time.

Main risk of being self employed is of getting next project. To do so one has to remain vigilant and proactive. Evaluate risks from multiple angles and have contingency planning should be out of work.

Decide Your Next Steps: Ready to Launch? If market research shows a strong demand in your niche, and you have a clear strategy, you might be ready to go solo! Need More Prep? Consider additional training in specific ERP systems or honing your business skills (marketing, finance) if needed. Plan & Execute: Utilize online resources (checklists, templates, guides) to build a solid business plan for your self-employment journey. Support & Confidence: Consider building a network of fellow consultants or mentors, and ensure you have the resources and confidence to thrive.