What Makes A Business Owner?

There are plenty of small business arising in the market. But does the success of the busssiness rely solely upon the owners? Can they not trust their employees to carry out the task needed in order to keep the business running properly? This is the question we will be addressing in this dilemma. is it really necessary for the owners to be on the premise at all times? Are personality cults created in small businesses? Is it possible for customers to create a personality cult around the owners of a business? How might the owner go about reducing customer’ dependency upon the presence and/ or personality of the owner and leading customers to depend more on the business itself?

Owning your own business is just about every person dream. To be one’s own boss and have the control, to make the money, the have the power, but to be able to make a positive impact one not only the community but individuals is a great way to be a truly successful businessman. To know that you have helped your employees to succeed and to make a great impact in them a person that is the kind of boss I want to be.

I plan on working as “my own boss” so that I can set my own hours to work. In his article “Business Isn’t Fun!”, Neil Patel argues that although most bosses set their own hours, many of them end up working far more than ten hours a day, seven days a week (Patel). Although to some this sounds like a nightmare of extra work, to me this situation sounds appealing and appears to offer the highest level of opportunity for innovation. Patel also states that business owners have lower levels of financial security and higher levels of complexity throughout life (Patel). But after analyzing his claims in light of my personal reflection, it became clear this lifestyle is just one of the many pieces in the puzzle of my personal goals.

Do you ever think to yourself, “I really wish I could be my own boss.”? I have thought about that goal for years now, trying to figure out what it is I need to do to accomplish it. After working in restaurants for the past four years of my life, I have always seen myself owning my own. I have seen the proper ways of how to manage a successful restaurant, and I have also seen the ways to completely run a restaurant into the ground. I have seen everything from improper communication, to poor teamwork and I strive to be on the opposite end of those aspects.

Research found that the ultimate boss separates him/herself from the supervisor herd by focusing on employee skills and talents. Successful supervisors have an uncanny ability to discover what is uniquely awesome about each person, capitalize on that individual’s talent, and then build teams and systems around it.

Not having a boss allows one to have freedom to do things the way they please. For example the income may be spent as needed or pleased. One can do reconstruction, according to what needs done, not how someone else wants it done. Also income must go to restocking supplies and paying yourself and employees. Owning your own business isn’t always fun. To have an art career and owning a business one must have a high school diploma (“craft and fine artist: occupation outlook handbook”). One also needs to focus on logistics, like budgeting, satisfying the customers, and clean-up

Most people don’t have the temperament to be an entrepreneur, why do you think “bosses” are such assholes? They (should) know everyone else’s job inside out, plus their own while managing everyone’s day-to-day. I think like most things in society, people play entrepreneur for the title or how it somehow makes them appear, but again, it’s actually miserable. Being an entrepreneur means mostly any & everything that takes your attention away from work will piss you off. I’ll be at a party texting myself everything I’d rather be doing on my laptop. And that may seem extreme but I have a healthy obsession with my goals. I say healthy because it’s derived from love & passion of creating.

"You can't be financially stable by flipping burgers at McDonalds your whole life," my father would say as I noticed my failing math grade in high school. I can personally say that I have been on the journey with both of my parents who are now established and successful business owners. It wasn't always that easy. I have learned that it takes blood, sweat and tears to become what you want to become. I am now out in the real world I noticed that the doors don't open even if you are trying to kick them down.

I have been a business owner most of my life. Yeah, I worked at hotels for several years, five or six years. I wasn’t happy, I mean I would come home every night late, we didn’t get paid overtime when I was working 8 to 8, you come home like 9:00 p.m. and was barely able to see my—spend any time with my kids. And the best part of my day was actually coming home and hearing my daughter say, “Daddy’s home!” That was what I looked forward to every day. I can tell you this; it is a scary thing and leaving a steady paycheck and just being on your own and being 100% responsible for your own money, even if you’re making money with your business, there is no guarantee and it is always a scary thing.

What does business mean to me? Another way of saying commerce? A term that describes production, purchasing or selling? In my point of view, business is a fabulous world where to consult financial situations, expressing the passion in interacting commercial cases. Because I enjoy the beauty of this business world, there is no doubt in my mind that I want to take global business and advertising, marketing, and consumer culture at your summer school.

There are many advantages and disadvantages when owning your own business. When you own you own business, it’s known as a sole proprietorship. But with any type of business, there will always be advantages and disadvantages.

H1 Let Us Help Get You Off the Ground with Our Professional Business Establishment Accountants Operating in Box Hill

There are two reasons entrepreneurs form business entities: to protect personal assets and to reduce taxes, limited liability companies (LLCs) do both. Since their widespread application in the 1990’s, LLCs have become the most popular U.S. entity formation (Garcia-Gallont & Kilpinen, 2015). As is the case of corporations, limited liability provides “a mythical ‘corporate veil’” (p. 411) that protects the members’ personal assets from creditors (Albert, 2015).

Starting up a business may infuse so much energy and enthusiasm to any entrepreneur. The day-to-day work may not be much of a trouble and should not be perceived negatively, because after all, starting up a business does mean a lot of work and would definitely need most of your time. Despite hiring the best employees, an entrepreneur could not just be too complacent with whatever solutions are being made by his appointed decision makers. Having a business may help you to become financially independent but it also means taking a huge responsibility.

But how do you find your perfect partner so that you can get this business booming? Well, finding a business partner is a lot like finding a prospective spouse. It takes knowing what to search for, knowing where to search, and the ability to close the deal. We walk you through finding the perfect business partner.