Certs or Degrees

There is a lot of debates on whether to get a certificate or a degree for any sort of specialize job. Essentially, it all depends on your career goals.

Certificates:

Certificates are offered at trade schools and even at some colleges. Although, going through colleges for certificates will require you to take some core classes with no guarantee of a certification. They may only offer lectures to cover the materials for your specific certificate.

  • Duration: Typically shorter. Some are self-paced and requires passing difficult exams.
  • Cost: Often less expensive than degrees.
  • Focus: Highly specialized in a particular skill or area of focus.
  • Career Impact: Beneficial for career advancement, skill development, and career field specific.
  • Examples: Project Management Professional (PMP), Certified Information Systems Security Professional (CISSP), coding bootcamps.

Degrees:

Degrees requires a lot of commitments. Some of slow paced, some are accelerated. Depending on the school, it also offer networking and alumni resource that is priceless.

  • Duration: 2-4 years for undergraduate degrees and additional years for advanced degrees
  • Cost: More expensive.
  • Focus: Provides a broad or in-depth understanding of a field, covering theoretical and practical aspects.
  • Career Impact: Required for specific professions (e.g., engineering, law, medicine) and can open doors to higher-level positions, promotions, or career shifts.
  • Examples: Bachelor of Science (B.S.), Master of Business Administration (MBA), Doctor of Philosophy (Ph.D.).

I am currently working both. I’ve learned that the resource and learning material is very broad in a degree specific coursework. But it doesn’t prevent you from using that knowledge or skills to apply to your own research. On the other spectrum, earning a certificate was definitely quicker and cheaper. Although, I believe it was harder because I was cramming a lot of information in a short time just to pass an exam.

Focus on Research

One work to keep in mind: Research.

There are lot of pieces that makes up a business. If you are not familiar with everything that has to do with your business then others can exploit you. Ex. Low ball offers on material and labor.

Most business fail to grow because they fail to do research. Business evolves and changes often (or even daily), so it is important to keep up-to-date with your market and how it reacts to the season, customers, and your workers.

Take Time To Rest

I know there are influencers and business guru that is all about GRIND, GRIND, GRIND. But your body can only handle so much. Take the time to rest, especially around/during the holidays.

Benefits of resting:

  1. Improved Decision-Making: When you take the time to rest, you are removing yourself from the situation. This gives you time to think clearly and see the problem from an outside perspective.
  2. Sparking Creativity: Creativity flows better when there is no stress involved. Creativity tends to lead to more productivity in a more fun and productive way.
  3. Better Health: It goes without saying, resting not only helps with your health but the health of the business. when you’re at your peak, the business is also at it’s peak performance.
  4. Long-term Sustainability: Success is a marathon, not a race. Most business fail within the first 3-5 years. Business that overcome the 5th year are more likely to expand and grow.

These are a few ways that resting can benefit you and your business. Don’t take days off lightly, it can help recharge and improve business decision when you can keep a clear mind.

Back ups

It happens a lot. Things don’t go as planned.

When this happens, we can prepare for them. It good to have a back up plan. Don’t stress or waste time to deal with the frustration and anger from failed plans. But use that energy to work towards the next step. Sometimes when plans fail, it leads to new ideas, opens new doors.

Speaking from experience, almost 99% of my plans fail and have to go to Plan B, C, or even D. Most of the time, it was caused by a force that is outside of my control. Additionally, you could use this opportunity as a learning experience and note the next step if you come back to the same block.

Of course.

If it does go as planned, celebrate when you can. Even the small victories needs to be recognized. But don’t get too distracted that you made yourself lose track.

Going to Out myself

Deadlines are important. We live in a fast-pace society where instantaneous satisfaction for customers can make or break your business.

Why they are important

  1. They are dates that requires someone to deliver some sort of product or service.
  2. They are dates that keeps people on tract. A plan without a set deadline will continue to drag out indefinitely.

Make them less about stress but more as achievements.

There are ways to deadline less stressful.

  1. (The obvious) Break bigger projects into smaller ones
  2. Do a little bit of work each day.
  3. Block out time for job same time each day
  4. Ask for help
  5. Use available resource (technology)

Career Driven

While traveling, I was seated next to a lady that express herself as a career woman. She believe that every opportunity to learn and acquire new skills gave her the ability to move higher and higher in the respective company she worked for. She use her companies benefits and training courses to become a candidate for higher position she wanted to pursue.

Alternately, not everyone is blessed with opportunities like this lady. Fortunately, we can create our own by sparing some times to improve ourself. I have mentioned before that starting off with just 10 minutes a day on a new skill will eventually turn into 15… 20… 30 mins… or more. Once, it becomes a habit to expand your knowledge and skills, it becomes addicting and watch how more door open up for you.

What is the next step?

Clouded with all the steps and direction that we all put ourselves in, where do we go next? As entrepreneurs, our path isn’t linear. We chose to take a path that other doesn’t want or don’t see.

Although, the next step doesn’t necessary has to be physical. We can step back and reflect on the skills and knowledge to find ways to use them to our advantage. By doing so, we can celebrate the accomplishment and lay out new plans with the new tools we have acquired on the journey.

Ways to go forward:

  1. List out what needs to be done. Or. What do you want to get done?
  2. Get the new skills required for the next step. Or. Hire the extra help.
  3. Business perspective: As the customer what do they want/need?
  4. Accounting perspective: Clear out some liabilities and gain assets.
  5. Research extra product or service you can offer.

The next step is more than the actions itself, its a reflection on our entrepreneurship mindset, determination, growth, and commitment to your business goals and vision. Keep moving forward.

Update 2023.11.09

This is a list of some of the topics I am going to cover and my experience with one of them.

  • Accounting – Who and What to expect
  • Innovation & Design – Building a product or service
  • Prototyping – Sample product to test in the market
  • Financing – Disclaimer: NOT financial advice
  • Business Law – Basic knowledge for operation
  • Customer Service – Often neglected, crucial for returning customer
  • Simply Marketing – Using social media and free resources
  • Strategic Growth – Business has to expand to survive
  • Exit Plan – Ultimate end game for the business

Equipment

Do you have assets or pieces of equipment for your business? Are they making you money? What is the value of the equipment and has it delivered the business the value or more than the cost of that piece of equipment?

I am currently going through and organizing items for their respective business and labeling them as such. Additionally, I am valuing them to see if that investment has generated at least its cost for the business.