Are you a Corporate Refugee?
Back at work and thinking that you could be doing more? You might be a corporate refugee.
Refugees are always a hot topic, but not all of them come from countries. The term ‘corporate refugee’ has been around since
the 1980’s, but in the ever expanding and contracting markets of today, the term has grown to cover those corporate high flyers who make the jump to run their own business on their own accord.
When the term was originally coined, corporate refugees were mid to high level corporate managers who had found themselves out of a job through no fault of their own. They had gone from highly
secure positions, with pay cheques to match, to unemployment and a job market that no longer valued their contribution. Enter the 2010’s, where the high flyers weren’t always being pushed into
the unemployment pool, but many were jumping for the freedom and power that being a ‘corporate refugee’ could provide.
The very security that was key to long term employment in corporates is now the reason why there is a growing movement to
corporate refugees by election. Take Peter McCleary for example, the Managing Director of HR Coach Australasia. Peter had spent 20+ years in the c-suites of ASX listed or public sector
organisations, only to find he was often reporting to people who had different values and beliefs, that his influence could only be pushed so far and that the long hours were for the growth of
the share price or payment of dividends. With children still at private school, a mortgage still to pay, he had to find an opportunity that met his professional needs, while meeting his financial
requirements. Peter took the plunge like so many before him and so many after him. He left his secure corporate job and started his own consulting business where he set the hours, who
he worked with and what the direction the business would take. But after a year or two, the things that he had taken for granted in his corporate roles were beginning to become glaring gaps in
his own professional consultancy business. ‘Running your own business is rewarding, but it can become extremely lonely without colleagues to talk with and being in charge of product
development, business development and the client facing work meant that the free time I was craving with my family was often taken up with building new products to go to my market with’, say
Peter. There had to be a way where the freedom of running your own consulting business was not impacted by the constant demand to build client offerings – and having peers to talk with was an
added bonus. Franchises or Licence models offer many of these freedoms but also provide the backend support often needed. In Peter’s instance, he found the HR Coach licence model and never looked
If you feel like you might be ready to take the ‘corporate refugee’ plunge, ask yourself these questions:
- Are you tired of your current role and want more out of your professional hours?
- Do you want your expertise and experience to influence more than it currently is?
- Do you have the drive to start your own consulting business?
- Do you want to work with business owners others to add real value?
Do you have a people heart and a business brain?
If you answered yes to any of these questions than you might be a corporate refugee! If you are interested in running your own business, using your own skills and expertise combined with ongoing IP development and a truly collegiate feel, click below to review the HR Coach Business Feasibility Guide and start planning for the job you own on your terms.