Categories
career Librarian & Entrepreneurship Library Leadership

Libraries and Entrepreneurs

library-leadership

Many people dream of becoming entrepreneurs. They look forward to being in control of their own destiny and love building a career. Entrepreneurs are motivated and driven, and they aren’t afraid of hard work. The question is, where can you find resources to help get started? The answer is your local library!

Libraries Provide Access 

There are many research and reference tools for entrepreneurs at public libraries. Online tools that would cost a fortune if you had to purchase them yourself are free. Libraries have resources such as Reference USA, Regional Business News, and Business Source Premier for free.  These databases normally would cost thousands of dollars to access. Public libraries allow free access anytime with a library card and computer. Check to see if your city has multiple library systems, to access different subscriptions from each library. 

Free Patent Information

Checking out a patent or idea before moving forward is an entrepreneur’s first step. It is important to make sure that someone else doesn’t hold a trademark or patent on your idea. Libraries provide patent check resources and trademark information for free. This way, an idea is vetted before investing heavily.  Avoid legal problems down the road by checking out your idea. 

Check Out the Competition

Researching your competition before you start your business is also important. Entrepreneurs want know everything about potential competitors.  Furthermore, the library offers free information on marketing, demographics, and sales volume for the competition. Information that is invaluable for your idea to be successful.  The Reference USA database is the best source to help you gain an edge with your own company.

Raising Capital

Finally, raising capital in any business is essential. You will need to find investors or angel funders.  Libraries have all the information you need to begin the search. You will find resources and people to help you create a pitch, a logo, and more. You can find ideas on how to name your product, and you can learn how to speak in public. Finally, you can learn how to approach investors and sell them on your idea. The public library should be the first stop for any start up, and all the information is free!  Best of luck on your new venture.

Categories
career Library Jobs Library Leadership

Goal Setting

Goalsetting is a useful tool to guide your career in any industry, especially in libraries. Read on for tools to help in setting goals and developing your career plan for future growth. With work- place cultures changing due to COVID, realigning your goals now might be right for you.

Gap Analysis

A standard gap analysis determines your current status, and where you’d like to end up.  The gap or what’s missing is in the middle. Does this gap need to be filled with education, another job, increased salary, or a new geographic asset? Only you can determine what is the most important factor and how to obtain your goal. Having your plan benchmarked with SMART goals and establishing a plan to close gaps will get you there. Smaller goals should build upon one another to fill the gaps and ultimately help you achieve your main career objective.

Mentors

Finding a trusted mentor you can rely on will help in your career plan. Finding more than one will help even more, especially if a few are outside of your industry. Jobs and careers are made with relationships and connections. Networking and finding mentors might be a little more difficult with more industries working remotely. However, volunteering for service events, attending conferences, and adding value in your current job, position you as a leader. Mentors are drawn to natural leaders, so just ask if you feel a connection with a colleague. The more genuine connections you make with people, the more likely you will find someone to help you.

Use LinkedIn

Finally, use LinkedIn and use it a lot. If your partner’s career dictates your geographic location and possibly your career goals now, then pivot.  What I mean is, what smaller achievements can you accomplish which will help you get toward that larger career goal.  Think about teaching, volunteering, or shadowing someone in your desired industry or job.  Anything to make yourself more valuable to a future employer will help you in the long run. To overcome a geographic obstacle be sure to link with colleagues in your desired location.  You never know what opportunities might open or when you might make a physical move.

Having a career plan is a way to keep your goals on track, yet flexible for life. Especially with the pandemic having families rethink priorities, having a career plan in place will make you feel more in control of your future.  Best of luck!