The Should I Own A Business Podcast

Blog

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,...

read more
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...

read more
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...

read more
How to evaluate if your idea is feasible

How to evaluate if your idea is feasible

Every business starts with an idea but not all of those ideas will be successful. How do you work out if your business idea is suitable for you or good enough? Here is a 3 step process to help you evaluate if a business idea is feasible and suitable. How you evaluate business ideas will differ depending upon whether you are buying an existing business, a franchise, or starting a from scratch....

read more
Thinking of owning a business-would you be successful?

Thinking of owning a business-would you be successful?

A growing number of people "like the idea of owning a business." If you are thinking of owning a business, would you be successful? We say the place to start is by answering this question - "should I own a business?" The growing trend of owning a business stems from several social and economic factors that may be different for each person. The internet and social platforms have enabled a new...

read more
Business owner wellbeing

Business owner wellbeing

Business owner wellbeing is a trending subject in the business community. Owning a business was, for a long time, seen as separate to our private life. Talking about wellness issues such as stress, health concerns, or being health conscious was seen as weakness. Thank goodness that view is fading, and now common sense is prevailing. We are human, whether in or out of business, therefore we have...

read more
Buying a franchise-is friction inevitable?

Buying a franchise-is friction inevitable?

Buying a franchise is still a popular way of owning a business in Australia and other countries. Controversy litters the $182bn Australian franchise industry following some high profile news cases which highlighted many issues. The recent Royal Commission also exposed questionable practices and attitudes. The Franchise Council of Australia claims there are some 79,000 franchises which employ...

read more
Resilience in Business

Resilience in Business

You’ve got a great business idea, you’ve been diligently working away on your business plan and the numbers are stacking up. What's more, you’ve identified your perfect customer, researched your competitors and have your eye on the perfect location. The website is looking awesome and you’ve got your Instagram account and YouTube channel ready to go. Even the Bank Manager seemed impressed with...

read more