Become Your Own Boss. Do you want to quit your 9-to-5 job? Are you tired of corporate nonsense that never ends, endless (hardly feasible) goals and bureaucracy in your career? Are you looking to take control of your destiny and make big choices?
If you’ve answered “yes” to any of these questions, then you’re probably looking to become you own boss. You’re welcome to the right spot.
Foundr is a company that was founded in 2004. Foundr, our mission is to “bring true entrepreneurial education to the masses to drive humanity forward.” We’re here to help you get off the path that’s been beaten and discover the success you’ve always wanted–being your own boss.
It’s an uphill climb. It’s worth it.
You’re your own boss We would like you to be aware of the risks you’re taking. There’s more than just the money, luxury cars or champagne toasts. There are highs, lows celebrations and disappointments. It’s a voyage.
This article will guide you through what it’s like being your boss. We’ll guide through the process of assessing the facts as well as the pros and cons and the must-have characteristics before giving you the step-by-step procedure for the steps to becoming your own boss.
With no further delay Let’s get started now, boss.
What Being Your Own Boss Really Looks Like
The freedom of being your own boss can be an exciting experience. You carry the burden of the universe on your shoulder however, you also enjoy the unlimited freedom to fly anywhere you’d like.
As the boss, you’re entitled to take the reigns, but you also take on all the accountability. If you make a mistake at work and you’ll probably have more opportunities before you’ll experience any real consequences. Don’t be a fool when you’re your sole employer, then you could not be paid for the month.
On the other hand you also earn the maximum return from investments when you’re boss. If you put more time and effort into your business , and it is successful, you earn more money and your business (read your child) gets more dependable.
This isn’t the norm in your full-time position. If you’re successful you’re rewarded with an award and perhaps a small bonus at the close of each calendar year. In the end, you’re working forty hours per every week (or more) making someone else’s dreams.
“If you don’t build your dream, someone else will hire you to help build theirs.” –” Tony Gaskins, Author and Professional Life Coach
Business owners and entrepreneurs are typically portrayed as travelling around the world flying first class drinking cocktails on the beach or lounging on the beach all day. Sure, it’s the life of those fortunate .001%–but this isn’t the daily life of a typical business owner.
There will be nights of sleepless nights working out what has to be done, and then you’ll have to tap a shoulder or two to request for help. You’ll experience days where you’re overwhelmed and times when you’re not sure of which direction to take. It’s the part of being an business owner.
All this to affirm that having your own boss is amazing, but it’s not all rainbows and sunshine.
Pros and Cons of Being Your Own Boss
If you’re a list-maker You’ll appreciate the clear-cut advantages and disadvantages. What you can anticipate:
Pros:
- Unlimited Earnings Possibilities: You don’t have to settle for a low income. Do you want to earn more? Do your best to create a successful business. You’re in charge, and you’re entitled to as many (or as little) that you’d prefer.
- Total Control It is your right to make all the decisions. Pick the time and place you work. Choose your field of work, the products and market. Choose when you’ll be done with your work and what days you’ll have off.
- Find your passion: Follow your dreams. Start your dream business that you’ve always wanted to start, and be a change maker wherever you’d like to. Do you want to cut back on profits to make your company greener or more sustainable? Go right ahead. Are you willing to put in 20 hours a week , and do some volunteer work? You can make the choices.
- It’s All On You: You make a directly impact on your company. If it is successful due to you, it’s because you. If you make a client’s life easier it’s because of you.
Cons:
- Inconsistent income The result could be times when you are in a financial pinch (especially at the initial stages). It may take a while to establish the idea, or be faced with an emergency situation. When it happens, your earnings could be affected.
- It’s always a boss You’re always accountable to somebody at the final. Although you may be able to take all day-to-day and business-related decisions however, your clients and customers still have a lot to influence. For instance, if you’re a freelancer, then you’ve recently traded one boss for a variety of bosses. As an owner of an online store you are your boss’s customer.
- Long days: There’s a lot of work involved with being your boss. If you don’t hire immediately you’ll be entrusted with many responsibilities. You’ll likely be in the roles that include CEO, salesperson bookkeeper, marketer, assistant and recruiter and much more.
- It’s All Yours: When you mess up, your company is harmed. When your company is hurt it’s your customers who suffer. It’s entirely on you. It’s a great deal of responsibility to shoulder which can be daunting at times.
