Are you ready to be your own boss?
By Josh Christian | July 6th, 2016
Do you want to be your own boss? A 2015 Organisation for Economic Co-operation and Development study found that more than half of Americans ages 18-64 (58 percent of women and 69 percent of men) would rather build their own business than work for someone else. Those people seek to have more control over their lives. They want to set their own goals and their own schedules.
Does that sound like you? Then it may be time for you to start your own business.
Yes, you. You can own and operate your own business. Here are four qualities you need to get started.
We’ve already determined you want to be your own boss. Check that off the list. Additionally, do you have the desire to put in the necessary work? Consider how deep is your desire. How much time do you want to put into it. Maybe you need to start slowly, just dip a toe into the pool of entrepreneurship. That’s doable!
Like to do what you choose — and be able to do it
If you’ve been in the workforce for any amount of time, you know you’re skilled at many things; some things, in fact, you do quite well. But you don’t enjoy them all. Likewise, you have many interests, many things you like and even enjoy, but you’ve been told don’t quit your day job! And you know that was good advice! So look at your likes and your skills. This is the direction you are going to want to go with your business. If you find you only possess some of the skills, consider getting a partner to join you in your business venture. Make sure they have a complementary skill set (not a matching one!).
The gumption to get started although you don’t know everything yet
Here’s the truth: You likely will never know everything ever. It’s OK. You’ve researched and aren’t jumping in blind, right? However, you will learn as you go and will continue learning to stay on top of your business and your industry. Cut yourself some slack in the beginning. Be wide open for everything coming your way. It will all be learning opportunities. Seek out experts to model and for advice. And know this: No matter how much you know, surprises and unexpected things will happen. Be ready to go with the flow.
Ability to look good in many hats
You will most likely perform some or all of the primary work of the business. If you run a cake making business, you’re probably the cake maker. However, early on, you’re also the brains as well as the talent. You are the planner and operator of the venture. (Or perhaps it’s you and that partner with the complementary skills.) You are going to be the marketer, the accountant, and the delivery person. Prepare to research the competition and customers. Plan where you’re going to need help. Do you have volunteers, favors you can call in or a budget to hire others? Your hat is that of decision maker, boss.
Many types of businesses will come to mind as you plan your life’s next adventure. Brainstorm the possibilities of doing things to create the freedom you want, and don’t discount any idea too quickly. Some business opportunities could require less investment money than you think — such as cleaning services. You might not be skilled enough to become an artist despite your love of art, but you could be a maker — maker of jewelry, gift baskets, quilts, clothes, cards. Or you could create an art studio, providing workspace and show space for other artistic types. Some businesses can be started small with an intention to grow. Freelance blogging could turn into a marketing agency.
An interesting option that is fulfilling the dreams of people with wide-ranging interests is the Selfie Station photo booth business model. It’s one of those that can start as one small, simple thing and grow. People interested in breaking into the event planning, wedding consulting, and entertainment industry are starting by buying a Selfie Station. With it they build clientele, bank account balances, experience, confidence and that ever-sought-after personal freedom.
Selfie Stations are more than cameras, more than photo booths, and more than simple fun. And they are sought after. The photo booth business is booming, but the Selfie Station offers more than a simple black box. In addition to getting in on the beloved selfie action, the Selfie Station connects people and businesses to social media. It has the qualities brides and event planners seek, and it has the potential to help businesses grow. It will be a hit at expos, conventions, and trade shows.
And each time you take your easily portable photo station out, you have the potential to build your own clientele.
This isn’t a franchise, but you aren’t thrown into the world without support. Before you’re sent out, you’ll be trained. The help and guidance give new entrepreneurs immediate support. And it’s the type of business you can use to launch other businesses down the road, like wedding and event planner, human networking professional, marketing, or photo staging. Additionally, you don’t have to quit your “security” job to start a Selfie Station business begin tapping into your desires. It can be a toe-in-the-pool business. However, as owner and operator of your own business you’ll soon be living like a boss.
“I love seeing people happy. Selfie Station definitely does that at every event. It has allowed me to make extra income while doing something fun and enjoyable. Owning a Selfie Station has been a great opportunity. It was well worth the investment!”— Noemi F., Selfie Station Owner