I know it's difficult to tell for sure whether or not you've fostered an awkward moment on a Zoom call, but the depth of silence that followed my advice was too intense for anyone to ignore. It was like the first time someone had broke wind in the middle of an exam in elementary school. Minus the laughter.
The advice that I gave to all of the recent graduates seeking employment was to go get organized with the secretary of state's office as a Limited Liability Company (LLC). My point was that nobody really knew at the time when the lockdown was going to be lifted and even more unknown was the timeline for the return of college athletics. What I was sure of at the time, however, was that there was a market for youth athletes who were looking to maintain the progress they had worked hard to obtain before weight rooms were closed by executive order. I couldn't think of a better time to be self-employed and independent of larger entities that would assuredly be spending time and effort cutting through red tape before they were able to pay assistant strength and conditioning professionals a living wage.
Now that most of our stay at home orders have been lifted in the state I realize how lucky I was to be self-employed while in quarantine. This leads me to believe that every coach, young and old, should be organized with the state they reside in as an LLC. If the COVID-19 pandemic has taught us anything, it should be that coaching is a volatile and unpredictable profession. If you're going to bet all of your earning potential on being employed by the University system you're not giving yourself much of a chance to provide financially for yourself and your family when that system isn't hiring. Much like the world of investing, entrepreneurship is akin to portfolio diversity and is a necessity if our goal is to limit risk.
If you believe in your ability to provide value in a market that is in desperate need of more value then I believe investing in articles of organization with your secretary of state's office and some basic strength training equipment to be a good move. I can't think of a single drawback from engaging in entrepreneurship. Working for yourself will provide you with an opportunity to:
- Keep your head above water if you ever end up in between jobs.
- Create a supplemental revenue stream for you and your family.
- Build real equity in something.
- Earn experience in a different training environment.
- Build a reputation as an efficacious professional in your community.
- Learn to critically think your way through problems and make decisions for yourself.
- Stay patient while searching for your next full-time position instead of jumping on the first opportunity available because of financial constraints.
The fact is that if you've just finished your graduate assistantship, you have a master's degree, at least 2 years of experience programming and coaching athletes at the collegiate level, and more than likely have earned an entry level certification. You are more than qualified to start helping youth athletes in your community learn how to properly prepare for their sport of choice. I understand why young people want to be in college and professional athletics, but the hard truth is that these jobs don't always pay well and are incredibly volatile. The beauty of entrepreneurship is that it costs you nothing after the initial registration fees. If you get organized with the state as a LLC and decide not to operate because you're holding down a stable position at University there's no harm done. In that scenario, entrepreneurship is simply a safety net. It saddens me to see good coaches leave the field because they can't find full-time employment or can't get an interview for the positions they think they need. If you're qualified and you believe in your ability to provide a service to those willing to compensate you for it, then you should get started. If the alternative is working at Wendy's until your dream college coaching job opens up I'm really not sure what you're waiting for.