Be Your Own Boss
Own your own mobile business:
Learn from a 20-year veteran, the do's and don'ts of Mobile Automotive Reconditioning
Real-world, hands-on, training and supplier insights
Tricks of the trade to establish your business quickly
No franchise fee
No cost or commitment beyond training fee
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Why?
Trending as the most rewarding facet of being an entrepreneur was independence and the ability to be the decision-maker, which 42 percent of business owners cited. Other highly cited benefits of entrepreneurship included:
Job satisfaction/Pride (17 percent)
Schedule flexibility/Family time (12 percent)
Interaction with customers (11 percent)
Financial rewards/Money (7 percent)
Job creation capability (2 percent)
When asked about their motivation behind opening a small business, 69 percent of business owners listed securing their financial future as very important, followed by being their own boss at 66 percent and setting their own hours at 51 percent.
These are the latest statistics in an uphill trend for small business owners. In a Gallup report from May, 84 percent of small business owners agreed they would still be entrepreneurs if they had to do it all over again.
Freedom really does bring happiness, according to a recent survey of small business owners by Manta, the largest online community dedicated to small business. Out of 1,105 entrepreneurs surveyed, almost three out of four (72 percent) stated that owning their own business allowed them more freedom, and 52 percent said that having the ability to control their own destiny was the greatest reward of being an entrepreneur.
Other top perks of business ownership included:
Being their own boss (23 percent)
Increased confidence and self-esteem (7 percent)
Monetary benefits (4 percent)
More than half of business owners (59 percent) also said that the greatest freedom they gained with entrepreneurship was being able to pursue their passions and interest in their work, followed by working for themselves and not a boss (19 percent) and setting their own work hours (17 percent).
When you work for someone else, you rarely get to choose whom you work with. If you don't like your co-workers you'd better start sending our resumes. Some people thrive on the routine of their job – performing the same tasks day after day. As an entrepreneur, you can bet that each day will be filled with new opportunities to challenge yourself, be creative and learn something new. "The great thing about owning a small business is I rarely experience the same day twice. There are few things that get entrepreneurs as excited as when they get to interact with their customers. Rather than hiding behind a series of automated greetings, small business owners thrive on dealing one-on-one with their best clients – or making the decision to get rid of those customers they don't like. One of the biggest differences in owning your own company as opposed to working for someone else is the sense of pride you establish in building something of your own. "There is nothing like being successful through your own leadership.
Pros:
Windfall: You could make much more money that working for someone else.
Autonomy: Be your own boss, and make all the decisions crucial to your own success.
Influence: Hire other people to help – chip in to the local economy.
Security: No one can fire you.
Discovery: Put your own ideas into practice and see what works and what doesn’t.
Oversight: Control every aspect of the business.
Experience: Learn about every aspect of a business and gain knowledge in a variety of disciplines.
Contact: Work directly with your customers and see what they need first-hand.
Self-Belief: Take personal satisfaction of creating and running a successful business on your own.
Interest: Work in a field or area that you really enjoy, or that compels you to continue working.
Long-term: Build real retirement value – for example, by selling the business when you retire.
Establishment: Put down roots in a community; provide a sense of belonging and stability.
Cons:
Investment: You may have to take a large financial risk.
Devotion: You’ll likely have to work long hours and may have fewer opportunities to take vacations.
Minutiae: Much time could be eaten by the details of running a business, not those things you enjoy.
Inconsistency: Your income may not be steady; there may be times when very little is coming in at all.
Strain: You may have to undertake unpleasant tasks, like firing someone or refusing to hire a friend.
Learning: You may need to learn new disciplines, like filing and bookkeeping, inventory control, production planning, advertising and promotion, market research and general management.