The Should I Own A Business Podcast

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Is 2020 a bad time to start a business?

Is 2020 a bad time to start a business?

Is this a bad time to start a business?  If you are planning to start a business in 2020, you are probably put off by the economy and the media. However, history tells us there will also be opportunities. The Coronavirus pandemic has taken the world by storm and bad news makes sensational headlines and effective clickbait.  Look at any news media and the overwhelming tone at the moment is...

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Which is better: a job or own a business?

Which is better: a job or own a business?

Is having a job or owning a business the right choice for you? Owning a business is an attractive option for many people as it can provide more wealth and freedom than being an employee. There's an old saying "you will never get rich working for someone else" and this is a strong motivation for some people.  Others like "to be their own boss" and enjoy the autonomy that business ownership...

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I hate my job so should I own a business in 2021?

I hate my job so should I own a business in 2021?

Do you hear the words "I hate my job" when socializing? I hear them quite often, from a whole range of people. What's more, I am sure those words are spoken more regularly now than perhaps five years ago. Being inquisitive I ask, why do you say "I hate my job?" The replies I have received are illuminating: "I have a narcissistic boss who continually talks about how good he is, and he takes the...

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Welcome to the Generation Burnout epidemic

Welcome to the Generation Burnout epidemic

Would owning a business save you from career burnout or make it worse? If you read about burnout, you could be forgiven for thinking that Millennials have claimed the condition as their own. Naturally, however, Gen Y is not the only age group affected by burnout. Burnout has little to do with when you were born, but more to do with your work-life balance and life circumstances.  Welcome to Gen B...

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5 Risks new business owners can avoid before starting a business

5 Risks new business owners can avoid before starting a business

Starting any business is a risk, so the more you understand the risks and balance them against the opportunity that you see, then the stronger your position. There are no guarantees in business, and this is the first thing to understand.  Some risks are simply out of your control, and therefore, they can be tough to predict or mitigate. For example, a significant economic upheaval like Brexit if...

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Managing a Business and Leading It

Managing a Business and Leading It

Leading and managing a business effectively is essential for a business owner to be successful. Most business owners only really focus on managing their business and miss the other crucial leadership aspect of their role. The skill sets of leaders and managers are different and some people have both. A business owner has to be an effective leader and as well as manager. Here are 7 Pillars that a...

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Find your business purpose inside yourself

Find your business purpose inside yourself

Finding your business purpose inside yourself sounds like more feel-good b.s. or could it help your new business? The internet is full of gurus telling us to find ourselves, but how does this relate to owning a business, and does it even matter? So, if you are sceptical about the staged images of perfect people on Instagram, doing yoga, with a large green drink, on the beach while finding...

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Consistent and growing sales avoid sawtooth income

Consistent and growing sales avoid sawtooth income

Your priority is to get consistent and growing sales income as fast as you can. Not only is this a signal that you are on the right track, but it eases the pressures on your finances. Imagine your new business is just up and running. What you want to see over the first year of owning a business is a consistent and growing sales income, which, after all, is what your business plan probably says....

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Being authentic and ethical matters in business

Being authentic and ethical matters in business

Being authentic and ethical has always been important, and right now, more so than ever. Small to Medium Businesses (SMBs) have a massive opportunity handed to them on a plate! The disproportionate influence corporations have on governments, regulators, and the media makes us increasingly skeptical about their motives. High profile scandals repeatedly show us that corporations can be...

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Reverse Goal Setting For Business Owners

Reverse Goal Setting For Business Owners

We explain how to use the simple, yet powerful technique of reverse goal setting if you are a business owner. Reverse goal setting is a mindset used by many successful business leaders across the world. Any business owner can use this unconventional approach. Reverse thinking to improve your goal setting can be used to significant effect if you are starting or buying a business. If you are...

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A money mindset for success in a new business

A money mindset for success in a new business

A money mindset for success in your new business can improve your chances. Whether you're thinking of starting or owning a business, then obviously, understanding money is crucial. We can assure you that many people who are new to business make some common mistakes. These mistakes can result in some hard lessons and probably with a lot of stress, which we think is unnecessary. The Should I Own A...

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Avoid procrastination and improve your decision making

Avoid procrastination and improve your decision making

Owning a business and procrastination are poor companions, which can lead to business failure. We give you some great tips to avoid procrastination and improve your decision making at the same time. Decision making is an essential skill for a successful business owner to have, and one you must become comfortable using. Learning how to avoid procrastination and improve your decision making is...

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Why do business owners need resilience?

Why do business owners need resilience?

Successful business owners have a high degree of personal resilience, and they need it! Building your personal resilience should be a crucial part of your preparation for owning a business. When things don't go to plan, some individuals are always able to find the inner strength and self-motivation to keep going. They have a high degree of resilience to setbacks. Owning a business is not easy,...

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Use your excitement to own a business.

Use your excitement to own a business.

You can use your excitement to own a successful business if you know how to harness it. Being excited about owning a business does not get you far, perhaps other than in your dreams. If you use your excitement about owning a business to gain momentum, you will make progress. This will also help you answer the first question in your mind - Should I Own A Business? We identified 5 key things that...

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Your motivation for owning a business

Your motivation for owning a business

Your motivation for owning a business means success or failure If you are thinking of starting or owning a business you are not alone. But...what is your motivation for owning a business? Perhaps, more importantly, will it bring you success? At this very moment, lots of people are thinking the same thing and indeed many will start their business. Unfortunately, statistically, the majority will...

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