Four Ways Owning a Business Brings You Independence
With the celebration of Fourth of July this month, it’s a wonderful time to stop and reflect about how to be independent in life. What does it mean to set your own course? Determine your own destiny? Create the present and the future in a way that’s meaningful and fulfilling?
As small business owners, it’s often tempting to complain about the many responsibilities that come with running a company. But the truth is, most of us are fortunate beyond measure to have the opportunity and freedom that comes with directing our own path. At FranNet DFW, we love hearing about the ways our clients’ lives transform as they become business owners. Here are four of the ways that owning a business upholds the principles of life, liberty, and the pursuit of happiness.
Freedom from the Time Clock
Sure, being a business owner can be very time consuming—especially during the early days. But remember, no matter how many hours you invest in your company that is YOUR choice. Even better, you get to choose what to spend that time building. If you make a wise decision about the type of business to purchase, you can spend your days doing more of what you enjoy and less of what you dislike. Ditching the corporate world means you are no longer governed by the nine to five grind and constrained by the need to ask a boss for time off. Even if you are working more hours in the week, this flexibility is very liberating.
FranNet DFW Tip: If having more time to spend on life outside of work is your top priority, ask us about opportunities that allow you to be an absentee business owner—managing from afar rather than working on-site.
Freedom to Create Change
As a business owner, you have the privilege of being able to profoundly impact the lives of others. This includes your family, your employees, your customers, and your community. At home, being a business owner in partnership with a spouse can recreate your marriage. Teaching your children the ins and outs of a business gives them a great advantage as they mature and set out on their own. Creating a positive and authentic workplace culture helps your employees grow and thrive with a ripple effect that touches their families and community as well. Never underestimate your power!
FranNet DFW Tip: To stay motivated as a business owner, create a meaningful vision and mission statement that inspires your every action.
Freedom from Boredom
Yes, this one is important. The challenges of creating a successful business will keep you on your toes. There will be tough days with obstacles to overcome. There will also be easy sailing when you can turn your energy and attention toward innovation to optimize or even revolutionize your business. If you learn to delegate the tasks you don’t enjoy to those who have the right skill sets and interests, you can also escape much of the drudgery that comes with a traditional job. If you look at successful entrepreneurs—the ones who work smarter rather than harder—this is how they operate.
FranNet DFW Tip: Let us help you identify key areas of strength so you can choose a business that amplifies your skills and talents.
Freedom from Want
One of the most important things our clients ask about is how business ownership can help them gain financial freedom and create a legacy for generations to come. They envision a future in which they aren’t worried about whether they can pay for retirement, college tuition, travel, or all the other things that enrich their lives and help them fulfill their potential. We make it our mission to connect clients with proven opportunities that support their financial goals.
FranNet DFW Tip: Get very specific about total cost of ownership, revenue growth, and all the financial details. The more educated you are, the more wealth you can create.
What’s Your Foundation for Business Freedom?
The founding fathers certainly couldn’t have imagined what life would be like in the 21st century when they set their pens to the Declaration of Independence. But we do know that they were committed to self-determination. If you’re on the path to business ownership, we’re here to help. FranNet DFW offers extensive consulting services at no cost to our clients. Are you ready to spread your wings? Contact us at 817-519-3952.