Why you should want to own a business
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- As an owner you never have to go on another job interview or look for a job because if you want a job the CEO works for you.
- As an owner you never again have to worry about the glass ceiling because you can set your salary.
- As owner you can hire some of the people in your life so that they can better their lives.
- As owner you can sell a successful business and use the cash to buy even more businesses.
In my opinion it is better to be an owner than to merely be cash rich. An owner can give themselves a job and or give jobs to others. If you are merely cash rich you might get bored over time if you don't have anything to do but as an owner you can create a job for yourself which benefits your business.
The real estate example
For example you can start out in real estate owning rental apartment properties which you hire someone else to manage on your behalf. After the rental properties make a nice profit you can buy another rental property and expand the business. You can expand into commercial real estate, you can own barber shops and hair salons, you can own retail stores, you can own hotels, and all of this you can pay others to run.
Running and owning a business are two different things. I understand why people don't want to run a business because being a CEO is not for everyone. Why doesn't everyone want to be an owner?
As an owner of a business, you have an over-all control to your time, resources and money.
Great content to read by someone like me who is still dreaming of having an owned business someday!
Having your own business is a great achievement . You''ll going to have freedom not just about money but also with your time . If you are just an employee, you always have a limited time, opportunity and sometimes you need to deal with annoying people .Well if you have a business, you are the boss and let them do the job.All you have to do is to take care your employee then they will also take care your business.
great examplw
Actually not only good idea in your post but there is your own experience saying all things.
No, I'm not able to say it from personal experience. I'm a dreamer. But there are people on this site with accounts worth millions and these people are in the position I hope to be in someday.
The only word FREEDOM is the best reason
you are right its the freedom,freedom from Bossy people who dictate your act,people will be happy if there is no one can dictate them.
In my opinion, I rather be my own boss with a business . I wouldn't want to work under people for the rest of my life , that doesn't really make people happy sometimes . When you have something of your own, you play the cards the way you'd want
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Brief, Well structured and Objective, the best position to cling unto is the position of an entrepreneur.
Raising Capital could be a Problem though.
Entrepreneur is a means of becoming an owner. The owner of a sports team for example vs the head coach.
I like it! Nice, quick and straight to the point. I like the third statement. Real leaders and good hearted people will uplift others with their success. Its a great thing to see an entire family move up together.