How to Know if Business Ownership is Right for You
As a career entrepreneur, when I talk to people experiencing a career change, or someone frustrated by working for someone else, I encourage them to research whether business ownership is right for them. I truly believe that business ownership is really the only way to take control of your future and offer the security for individuals and families to live well. In fact, a recent study called “The New Career Economy” suggests that in the future, long-term security would be gained through individuals managing their own careers through self-employment and other alternative career options.
One way to begin your research is to get an understanding of your primary aim in life. Understanding your primary aim will give you the ability to actively shape your life and define the vision needed to get the most out of life. Once you understand what you want your life to look like, you can then explore the many different franchise concepts to help you get there. www.TakeAIMFast.com is an interesting site to learn more about the proven business success systems used by thousands of business owners, including the 5 key success principles.
There is the International Franchise Association, IFA (www.franchise.org) that offers a library of data on franchising and the many different things to consider when thinking of business ownership.
Another approach is to use a franchise business coach who understand the industry and can walk you through the plethora of concepts available to investors. The Internet is also a good place to start your research with sites like www.franchisematch.com that will take you through a step by step process to identify industries and concepts that you might resonate with.
It’s been said that it’s the entrepreneur who will be getting the U.S. out of this recession. Imagine the challenge of running your own business and being the boss; benefitting both emotionally and financially from the fruits of your own labor. Many folks are much happier as business owners versus employees, and who knows, with a little research maybe you’ll soon be thriving on the challenges faced by entrepreneurship, and therefore, taking control of your future.
