Both entrepreneurs and employees experience career growth and development, but their paths, challenges, and opportunities differ. Whether you’re building your own business or growing within a company, success comes down to mindset, skill development, and strategic decision-making. Let’s explore how career progression unfolds for both.
As an Entrepreneur, you are solely responsible for the success of your company. You are building your business from the ground up, setting the goals of the business and all major decisions fall on you. You may have a team working for you but truly your ability to adapt and scale is what will move your company forward. In this role you may wear many hats, such as a leader, marketing manager, sales and finance. Your income may ebb and flow as you grow the business with some very successful financial months and some a bit under goal. Your hours also may ebb and flow depending on the needs of the business. You may also have a bit more flexibility with those hours depending on the type of business you own.
As an employee, you are a contributor to the business. You’re likely on a structured path to grow your career through performance based promotions and opportunities. Your own personal development and growth are in your hands, however the business success does not fall solely on your shoulders. You are likely mastering a skill in your field and following structured learning programs. Your income is stable and predictable. There is likely a path of increased income over time and opportunities for promotions. Your hours are usually set and structured. You likely have a PTO plan as well that allows for pay while you take time away for a vacation or personal matter.
Even with all of these differences in responsibilities and stability, when it comes to career growth and development, there are many similarities. The path to true development and growth in any area will come down to these key actions, SMART goals, continuous learning, relationships and adaptability.
SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound. For an entrepreneur this could look like “Increase monthly business revenue by 20% within the next six months by improving digital marketing efforts and launching a customer referral program.”
- Specific: Increase monthly revenue by 20%.
- Measurable: Track sales reports and profit margins.
- Achievable: Implement new marketing strategies and upsell to existing customers.
- Relevant: More revenue will allow for business expansion.
- Time-bound: Achieve this within the next six months
For an employee this could look like “Earn a promotion to a management role within one year by leading two major projects, completing leadership training, and consistently exceeding performance targets.”
- Specific: Get promoted to a management position.
- Measurable: Gain new responsibilities and leadership experience.
- Achievable: Complete leadership training and take on new projects.
- Relevant: Career growth aligns with long-term professional goals.
- Time-bound: Achieve within one year.
Continuous learning is one of the greatest gifts you can give yourself. Maintaining a mindset of curiosity and lifelong learning fuels personal and professional growth. This can include taking courses, reading books, or developing new skills. Platforms like Udemy, LinkedIn Learning, and Harvard Business Online offer specialized courses on topics ranging from effective communication and leadership to technical skills like Excel.
For leadership and communication, I highly recommend John Maxwell’s books. Earning certifications in your field can also set you apart—such as a SHRM Certification for HR professionals or a CPA license for accountants. Additionally, finding a mentor can be invaluable. A mentor could be a boss, colleague, or executive whose success you admire. Observe how they communicate and lead, and incorporate what you learn into your own approach. The opportunities for learning are endless.
Building strong relationships is also essential for growth and success. Every person you meet is someone you can learn from, and you never know when your paths may cross again. Professional connections can lead to new opportunities, collaborations, and mentorships that accelerate your career. Whether it’s a former colleague, a networking event contact, or a past client, maintaining positive relationships fosters trust and credibility in your industry. Investing in meaningful connections expands your knowledge, provides support, and strengthens your network—helping you navigate challenges and achieve long-term success.
In today’s fast-paced and ever-changing world, adaptability is a crucial skill. Being adaptable means embracing change, acquiring new skills, and pivoting when faced with challenges. For entrepreneurs, this might mean adjusting a business model in response to market shifts, while employees may need to learn new technologies or take on different roles to stay relevant. The ability to adapt quickly in the face of adversity demonstrates resilience and flexibility—both essential for long-term success.
Whether you’re just starting your career, launching a new business, or a seasoned professional, stay curious, keep learning, and set bold goals. The possibilities in life are endless—keep reaching for the stars, because success has no limits.
This is a contributed blog post by Jesseca Avah, a seasoned HR professional with a passion for helping others grow in their careers and personal lives. With over 10 years of career coaching and mentoring, along with 20 years of health and lifestyle coaching, she enjoys guiding individuals toward their goals with a balanced and supportive approach. As a former Chair of the Workforce Development Committee for Associated Builders and Contractors (Colorado branch) and a featured speaker, Jesseca loves sharing insights that inspire confidence, leadership, and lasting success.
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