“I wish I were my own boss.” – We hear people say it all the time. It’s a nice idea in theory: report to no one, set your own work hours, never have to deal with a coworker again. But few people have a full idea of what it really entails, and it’s possible that even fewer have what it takes.
In the book Born, Not Made, it is argued that some people are just more naturally suited for the self-starter route than others. There are specific qualities that more often lend themselves to successful entrepreneurial endeavors, such as decisiveness, a high energy level, great tolerance for risk, and, unsurprisingly, self-confidence.
Still sound appealing? Here are a few signs that striking out on your own may be right for you.
1. You want more control of your time.
This is a common reason people give for wanting to be their own boss. But it’s important to understand that running your own business is not all butterflies and rainbows. Yes, technically you now control your hours, but for those hours to be profitable, longer work days are often required. The tradeoff is that now you can decide when you want to work, and that it’s work you’re (hopefully) passionate about.
2. You have a good support system at your back.
It’s likely that more of your time will be devoted to your career than before, and you need people in your life who can understand and support that. Being your own boss can often be lonely and isolating, especially if you work from home, so people who will be there for you when the going gets tough (and it will get tough) are crucial for avoiding burnout.
3. You have a real passion for what you want to do.
There’s really not much point in striking out on your own if you don’t first have a passion that you want to see brought to life. The important thing here is that you are also able to translate that passion into the work that you do for your clients. Enthusiasm for your work is not just important, it’s essential.
4. You don’t need help staying motivated.
To successfully be your own boss, you’ve got to be a self-starter. There’s no getting around this one. No one will be there to hold you accountable or to make sure the work gets done. The buck stops with you. This requires being more proactive than reactive, and being able to efficiently manage your own time.
5. You are resourceful and unafraid of doing things on your own.
As your own boss, you alone are responsible for managing bills, clients, taxes, legal issues, finances, sales, materials, etc. You must be capable of juggling every responsibility at once, all on your own time. You will also have to attend workshops, networking events, fundraisers, conferences, seminars – all without the protective bubble of a group. Don’t be afraid to promote yourself and get your name and business out there.
If any of these traits spoke to you, self-employment just might be in your future. And franchising is a great way to go! Visit our website to learn more about how you can start a Bruges franchise today.
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