For the experienced shipbroker. Should you start your own business?
I think there has always been enormous potential for experienced shipping executives to start their own shops. But surprisingly, considering the the potential rewards and the relative ease by which this can be done, shipping executives seem to be surprisingly reluctant to move out of established comfort zones.
Why the reluctance? Possible reasons...
1. Broking different to running a bisiness
2. Happy earning a wage
3. General malaise and inertia.
4. Having a mindset that it is all too difficult.
So from above, what skills and traits should an already experienced shipping executive have before taking the plunge?
- An Entrepreneurial Spirit.
- A good reason!
- A willingness to work hard....especially in the early stages upto 12 months or 2 years.
- Time to build the business.
- Competent at your job and at establishing systems.
- For the sole proprietor - the ability to delegate, outsource and create a business that makes you money but allows you to have a life at the same time.
"Apart from the actual negotiation process just about every other service; operations, postfixture, secretarial, marketing, market reports; that other shipbroking companies offer, can be outsourced!"
Actually - even the negotiation process can be outsourced under certain circumstances!
- Some clients, preferably close clients (may even just be one),
So for those of you with experience and looking for a change, think about working for yourself.
Follow a process, do your homework, canvas support, be creative in the way you set up your business and then weigh up your chances for success.
The Virtual Shipbroker
- The Virtual Shipbroker
- Hi. I am a shipping company director, transport academic, author, family man and all round nice guy. I have worked as shipbroker, shipowner, freight trader and bulk charterer, in senior positions, with some of the largest and most disrespected (joke) companies in the world. Ask my advice on all things shipping and you will receive my blunt and always honest answer. Hang around to learn more about chartering and ship broker salaries, chartering and ship broker jobs, chartering and shipbroker recruitment agencies, cheap freight, maritime education, chartering and ship broker qualifications, become a ship broker, tips on how to be a successful bulk shipping executive, philosophy, Zen and the art of shipbroking, and much more. Yours The Virtual Shipbroker (recently proclaimed the guru of shipbroking) Copyright © 2009-17 by Virtualshipbroker