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re: I'm tired of working for someone else.
Posted on 10/11/13 at 9:08 am to lsaltee
Posted on 10/11/13 at 9:08 am to lsaltee
Believe me when I say that owning your own business is not the utopia some make it out to be. Especially if it is labor intensive.
A large portion of the general workforce sucks and decent, dependable employees are few and far between.
When you are an employee, you answer to the boss.
when you are the owner, you answer to the bank and/or business partners, you answer to the customer, and you answer to the employee. Your business depends heavily on these groups and they know it. And all can be very demanding.
Employees have a lot of options that business owners don't. Most small and medium business owners are married to the job. You can never get away from it.
Sounds like you already have a decent gig working. Does your boss have a succession plan for the business? Maybe he would be interested in cutting you in. You might be surprised at what he has to say.
A large portion of the general workforce sucks and decent, dependable employees are few and far between.
When you are an employee, you answer to the boss.
when you are the owner, you answer to the bank and/or business partners, you answer to the customer, and you answer to the employee. Your business depends heavily on these groups and they know it. And all can be very demanding.
Employees have a lot of options that business owners don't. Most small and medium business owners are married to the job. You can never get away from it.
Sounds like you already have a decent gig working. Does your boss have a succession plan for the business? Maybe he would be interested in cutting you in. You might be surprised at what he has to say.
Posted on 10/11/13 at 10:25 am to poule deau
quote:
Most small and medium business owners are married to the job.
This is my biggest turnoff from being a business owner. My father was married to his company that he ran for 30+ years. In the end, the company closed and he continues to work weekly and on some weekends. He is my main motivation for not starting a business simply because I do not wish to work 50+ hours a week for 30+ years only for it to not equate to a comfortable retirement.
I find that the 40-45 hour work week and enjoying my free time provides plenty of wonderful comforts that I can live with. Personally I would like to operate a business and build an empire but handling stress is a weakness of mine. Combine that with what happened to my dad and I am glad to have my day job. I realize that certain talents/skills of mine are going to waste at my current position. That is one reason why I make every effort in my spare time to do projects that keep me motivated and diversified beyond my day-to-day job.
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