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When it comes to being a Head Chef of your own business or elsewhere, when is the best time to invest in your career?
Being Head Chef of your own business or for someone else's business is a big goal. With developing experience, I want to know what is a good way to take those risky step and fall in the decent situation if it goes bad, financially.
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David’s Answer
Hello, Rydell.
There are multiple paths to being in charge of a company. Having some knowledge of business practices is always helpful, regardless of the size of the company. Many small business owners work for a number of years to gain a wide range of experiences, and then start their own companies as a side business while they continue to work. The advantage to doing it this way is that while working for a company, you typically have health and savings benefits. This is what I did. I saved enough money to start a small company. Risk is low if you start this way.
SCORE is an organization that provides help to entrepreneurs. (score.org)
Another example is when a student achieves a bachelor's degree and then a master's degree in business administration (MBA). Those who achieve an MBA often become CEOs of companies or start their own companies.
There are multiple paths to being in charge of a company. Having some knowledge of business practices is always helpful, regardless of the size of the company. Many small business owners work for a number of years to gain a wide range of experiences, and then start their own companies as a side business while they continue to work. The advantage to doing it this way is that while working for a company, you typically have health and savings benefits. This is what I did. I saved enough money to start a small company. Risk is low if you start this way.
SCORE is an organization that provides help to entrepreneurs. (score.org)
Another example is when a student achieves a bachelor's degree and then a master's degree in business administration (MBA). Those who achieve an MBA often become CEOs of companies or start their own companies.
Updated
Michel’s Answer
Rydell,
Investing in your career early on is the key to success. Embark on a journey to Europe and gain experience in the finest kitchens across the continent. If you're passionate and can manage the challenges, you'll not only confirm your love for the profession, but also lay a strong foundation for a successful future.
Investing in your career early on is the key to success. Embark on a journey to Europe and gain experience in the finest kitchens across the continent. If you're passionate and can manage the challenges, you'll not only confirm your love for the profession, but also lay a strong foundation for a successful future.