MissSilvy said:
What a sad society we live in when we have to work as slowly or badly as we can get away with in order to avoid more work. :/
Chiro- Thanks so much! That was actually a very helpful and informative post. Even though I don't think patent law or actuarial science are for me, they're interesting suggestions. I like the consulting idea but from what I've seen, companies frown on doing consulting in your free time. Who knows though, I may have to do more research or talk to more people. Thank you for the advice and the sentiments :)
MissSilvy I wouldn't recommend consulting while working because that could damage your reputation severely if people found out.
What I was trying to say was that you could get trained up in some field and then later take your knowledge with you by working for yourself.
Lots of people do this. You might for example work in R&D for a good solid company and you might have ideas about some great product, process or innovation that there is a good market for. Some people end up in this situation because they try and sell their ideas to the executives who don't buy it and then that person leaves, starts their business with a initial minimum patent portfolio and reap the rewards.
I will blunt about something else though: many businesses fail to hold up over a long period of time. If you find a company that values growth and hard work by their employees you might want to think about getting employed there and working your way up to a senior management level. Being a senior manager or executive in a well established company might be more rewarding (and generally less risky) than heading your own company, and allows you to make use of more extensive resources than it would in a startup.
If you want to start your own company or work for yourself I recommend you work in a business that either a) make extensive use of the kinds of business that you plan on starting or b) work in a business that has the same sort of role as the business you wish to start up yourself.
Its possible to start your own business without this but I strongly caution against it. Business can be a complex thing and it can be even more complex nowadays especially where a companys patent portfolio is a valuable commodity that allows them to do the business that they are actively engaged in.
If you're an engineer I strongly recommend you read about patents if you wish to do consulting. Remember that no matter how technically apt you are, if it can't make money, if it doesn't improve someone elses situation, or if it doesn't offer value to your customer, its basically rendered useless.
Also if you are a consultant and bring to the table a business perspective you will generally be more valuable to your clients than someone who doesn't have one. All companies are competing to stay alive tomorrow and if they don't or can't make money, then everything else is just fluff.
My parents owned two businesses so I learned a bit from being part of that business. Typically you can find good companies that will rotate you in different departments to let you get a good feel of the business and subsequently of the industry. If you find a company that does that then I would recommend taking that opportunity. The reason is that once you get a feel of how the different departments help meet the end goal: that is bringing value to the customer and all that is a consequence of that, then as a consultant you will be more valuable.
Also be aware of everything you sign as an employment agreement. If you intend to start your business there may be clauses that prohibit you from doing certain activities when you leave. Remember a companies IP is often their competitive advantage and as such they will retain as much as possible. Also as a consultant showing a firm understanding and respect for IP will bring more trust to who your working with and show a level of professionalism.