This is not necessarily something you can control. If uppong the scale of a business is easy why doesn't everyone's business grow to Google size overnight?
It's not easy but you need to be smart about what business you get into to begin with. Your bagel example is horrible ...building overhead and relying on traffic freefall is wack not to mention the crappy margins.
Again... most small businesses fail over time
I've been laid off twice ... both times I had another job in a month Meanwhile I've seen businesses shut down... shyt hurts way more than losing a job because you have to put money into it to get it running. So thats 1 legit strike against businesses
Most businesses deserve to fail. I'm sick to death of meeting moronic entrepreneurs and biz-owners who play the victim card in business. Fukk outta here
Its equally impossible to earn millions from a business... most businesses fail, the ones that don't fail rarely crack a million in revenue, and much of that gets eaten up by overhead and taxes :50holmes:
It is but that didn't stop me. Thank lord for tax havens and EU corp tax laws
If you have customers, they are your bosses, period. They are paying you for a service, you have to do what they pay you to do. And there is no HR or other protective structure for if they screw you over or try to hurt you like there is in a corporation. Strike two
Yeah but that's a risk I'm willing to take. I build and cultivate relationships with my customers so this almost never happens. If you can't afford a deal we can usually get you financing or move it to another investor. We always send little presents to our VIP list and occasionally to our regular ones too.
So in other words, you just like to have power over other people, to the point that you don't even realize how much power you give up in pursuing it. This is the emotional logic I was talking about. Anyone who starts a business just so they can boss people around is an idiot and prob won't see much success in the business world.
Wow. I don't boss anymore. I have a team of 4 people now I even call them "terminators". They essentially run my whole business from hiring, getting compliance, interviews, client acquistion etc ...everything except marketing strategies. We speak every day on conference calls just to get updates on progress and knocking back ideas. If I'm not available my PA is there to step in place. We run a tight ship and everything is policized My hiring process is pretty "extra" and only the best candidates end up working with us.
I get what you mean about human resources though. I have half the mind to move these lead gen jobs to the phillipines for pennies on the dollar