What is your purpose and why did you choose a job and oHer business ownership ?
No one starts out at the top . Working your way up the ladder in is apart of the process.
The magic question is whether or not you want to work your way up the ladder for financial freedom or a job ?
Do not feel ashamed to answer any which way .
To me The pains of business ownership is well worth it.
The freedom of time and money makes it so .
Take the time to think about what I have just said .
I have seen people that are successful in the corporate world but that lifestyle is just not for me .
I cannot knock anyone for choosing a career .
I surely will not criticize the shop owner with high prices either .
I am so glad that I mentioned this .
I hear people complaining about prices and jobs yet they will not do anything about it .
So to me people like that are hypocrites .
Those are the people that are happily depressed .
For those of you content with a job or business ownership and partnerships like myself at least you are not complaining .
Let’s get to my next point .
Even people that inherit wealth have a responsibility to up keep otherwise their wealth will diminish.
This is why I say Learn, get the experience and make sure that you are legally covered .
You do not want to leave the door open for lawsuits and scams like I partially did.
I have a paper trail and evidence to present a strong civil case against 2 individuals as we speak.
I am telling you this Just so that you can avoid chaos and confusion .
Take my words,People will scam you .
People will sew you too .
Now Let’s move on .
You will learn along the way .
Sometimes you will learn the most harsh lessons.
As long as you learn not to repeat the hard lessons you will be fine
Every lesson learned should be used as a stepping stone to get you closer to your goal .
Learning Legal things Like contract agreements ,copy-right infringements ,pattern protections ,payment agreements ,change orders.
The last thing that you want to do is get through 90% of a project and have your client attempt to make changes that were never agreed upon.
People will manipulate you if nothing is signed in black and white .
Now on to my next point .
If business was easy everybody would be an entrepreneur.
It takes discipline to build a sustainable brand .
A lot of work goes on behind the scenes .
Most people want the money and the fame but not the work.
It easy to formulate a business plan and register a business.
However It takes more to execute the plan but it is not rocket science .
Hard work,dedication, strategy plays an integral part .
I am not against practical work because you do need basic knowledge and understanding about what you are doing .
Keep in mind Practical work could never prepare you for the changes in trends and industries.
Let’s move on to my next point.
The benefits of business ownership is unlimited .
As business owners we negotiate what we want .An employee can negotiate too but not to the extent that we can.
For example ;If I was to put in a proposal to build a house I can bid low or bid high.
In my price it includes labour ,,materials ,change orders ,plus a percentage on top of my price to leave room for error.
In my budget would be a salary for my workers .
A budget that I cannot afford to go over .
I might pay you 25 dollars an hour but charge you out for 100 .
So that would be 75.00 dollars I make per head .
Did you get the gist of what I am saying ?
On to my next point .
Like anything else business comes with a price .
The price you pay to own a business is payed in time ,energy,money on top of that it is mentally taxing .
Are you prepared to face the challenges?
I can sit here and tell you that the benefits out-weigh the negative .
Employees on the other hand are on time limits and pay scales.
Employees cannot up and go on vacation without putting in a request for vacation time .
As business owners we negotiate time with each client .
Yes we have budgets and time frames .
Our duty is to ensure that the project is on time and on budget .
Or we can end up losing money .
Now employee gets a salary cap.
Like I said there is no limitations on your salary or freedom as the owner.
For those of you who choose to be employees do not feel bad ,not every one is cut out to be an entrepreneur.
But do Remember you are on some else’s schedule .
Nevertheless be thankful that you have a job .
As business owners we are constantly in meetings or applying and bidding for contracts .
There are some days that are slower than others .
But As long as you the on the cemployee is on the clock we have to find something for you to do .
On another note I have 2 people that are trying to scam me on a painting project .
Luckily I have the email paper trail which stipulates the terms and agreements .
Nothing was signed .
But I do have watts app messages that show how many times they have contradicted themselves.
They think they are going to pay me for ⅓ of the job when I’m fact over 90 % of the job has been done .
The lady whom I quoted for the job Peach Cannonaire agreed to pay me monthly installments until the 700 plus dollars was paid .
According to her the house has been under renovations for a while and she is tired of not being able to get a bath or shower because the bathroom is not fully renovated and useable .
She told me that Father Joe the owner of the house does not invest any money inside the house .
So she had to take the initiative to get the interior painted not him.
But is funny how she agreed to pay monthly installments and and a deposit but Now that the work is nearly finished owner father Joe is trying to make final payment for less than what I quoted .
Their stories are not lining up.
She was telling me about the debt and bills popping up all this other crazy stuff when she saw how far I had come .
Just so you know Father Joe is the owner and Peach has a life time interest because apparently she has invested in the house .
So now they decide to coordinate a scheme .
It is Funny now that the job is nearly finished they want to terminate the agreement .
The funny part about this is that they were trying to get me to paint their ceiling which was never in the initial quote .
The 2 of them cannot seem to get their stories together.
The truth does not have to be memorized .
Always be forthcoming with clients and vice versa.
Just as fast as you can red flag a business an establishment can publicize and name and shame you for not paying your bills .
Furthermore what do you think you will accomplish by ripping off someone other than a court case and a stain next to
ur name ?
Conclusion
Business is about relationships and as an owner you must make sure the you treat your workers with respect .
Lastly,Make sure that you pay them a decent wage.
Comment loud and clear