Ep 10: Should You Be A Business Owner? | What to Think About if You Are Wanting to Start A Business

In this episode of the Properties to Profits podcast, I dive deep into a question I frequently receive: "Should I become a business owner?" Becoming a business owner isn't for everyone, and I explore the tough realities that many don't talk about. From the myth of time freedom to the stress of inconsistent paychecks and the responsibilities that come with running a business, I share my personal experiences and insights. Tune in to find out if you have what it takes to thrive as a business owner or if you might be better suited to work for someone else and still achieve your financial goals.

Timeline Summary:

[00:43] - The big question: Should you be a business owner?

[01:09] - The myth of freedom in business ownership

[01:57] - The stress factors of being a business owner

[03:21] - The reality of time freedom for business owners

[05:06] - Success seduction and the dangers of complacency

[07:15] - The challenges of maintaining growth and dealing with setbacks

[10:16] - Financial realities and the necessity of a thick skin

[12:20] - Alternatives to starting your own business

[16:17] - The true cost and effort required for business ownership

[17:30] - Final thoughts and realistic expectations for aspiring business owners

Links & Resources:

• Follow me on Instagram: RealEstateMike02

Closing Remark: Thank you for tuning in to the Properties to Profits podcast. If you found this episode valuable, please subscribe, share it with others, and follow me on social media for more tips and updates. Until next time, keep turning properties into profits!