Tag: Should I Start A Business

Should I Own A Business? 🤔

Posted on by brianjpombo

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Jobs are available like never before and yet people are still not going back to work.

Thoughts on starting your own business and a few books to checkout if you’re looking to go that direction.

Transcription

Should I own a business?

Hi I’m Brian Pombo, welcome back to Brian J. Pombo Live.

This is a question I get often is, should I own a business?

Maybe it’s other people asking me. And yeah, I think it’s a question on a lot of people’s minds right now.

A lot of people, you know, due to the fact that there’s a lot of options out there for employment.

But have you wondered why so many people were at home?

Well, yeah, we’ve talked about it before, obviously, the fact that unemployment has been extended, and a whole lot of other benefits have been raised, that would allow a person to stay home more comfortably than ever before. I mean, that absolutely helps.

But there’s also, I’ve found in talking to the people that have not gone out and gotten a job, that there’s a huge dissatisfied faction with working in general, as an employee.

And if you’re a business owner, like me, you know what that’s like because it’s a reason why you’re a business owner, in many cases, is that you just like that better than having a job. And pretty simple to see that.

So if you’re in that situation, or if you know somebody that’s in that situation, then you might want to pass this video on to them. Because it’s a good thing to start this conversation is whether business ownership is right for you because it’s not right for everybody, right?

It’s not for everybody.

So let’s talk about this, let’s break it down a little bit.

First off, you got to ask yourself, What are you hoping to accomplish with business ownership, that you can’t get with a job?

Because currently, right now, I’m recording this in September of 2021, the job market is wide open, you can get a whole lot that you couldn’t get before, and get paid a whole lot more than you couldn’t get paid before. In many cases across the board, there are jobs available of all types.

So what are you looking for, you’re looking for something probably a little different, you’re looking to possibly be your own boss, make your own hours, do anything like that. And there are some misnomers to that.

But if that’s the case, if you’re looking to make your own hours and do your own thing, and possibly you have an idea that you want to get out there, and you see business ownership as the way of doing it.

That’s great, that those are all good starts. But there’s a whole bunch of drawbacks to all that that you have to know about right off the bat.

And so I’d highly recommend that before you jump, fully, absolutely engaged into business ownership, get at least a part-time job to pay the bills to help get keep your head above water, especially if you have any form of debt whatsoever, you want to keep paying that down and just keep moving forward even if you have enough.

Currently, having something that kind of takes up most of your time is useful in actuality. And having a little bit of time on the side, in order to begin building a business is going to be great. And I highly encourage you to go into business. If you think that’s a good thing.

Couple of things you may want to try out first, try out part-time businesses, try out businesses that would allow you to not have a whole lot of debt going into them.

Ones that would allow you training, you know, if they’ve got any type of training, especially if it’s free training tied in or inexpensive training that you can get involved in ones that you can work directly with people that have been successful in that field.

If you can have that type of mentorship situation, that would be really good. That would work well for you. Even if it’s a field that you’re not looking to get into.

But you’re looking to understand it, you got to realize that owning a business and running a business is a completely different mentality from being an employee.

If you haven’t done it before, you won’t get it.

If you have, you’ll understand what I’m saying.

It’s completely different and comes with a whole new set of issues that you didn’t have before. So even if it’s in an area that isn’t the most desirable thing in the world, maybe you’re selling something that you’re not that interested in or you’re you’re involved in some piece of the business that you would never see yourself doing.

Get out there and start doing it. Especially if it’s part-time, get out there, start doing it start moving, then pull back and start seeing things from the customer’s viewpoint. The toughest thing about business. So the toughest thing, it’s one of the toughest things in life you’ll ever get to, is seeing it from the other person’s point of view.

The best book on this, and it’s been given a lot of grief over the years, because of its corny title and its lofty language because it’s, I believe it was written in the 1930s or 40s, off the top of my head.

How to Win Friends and Influence People by Dale Carnegie is actually extremely useful, especially the first half of the book, extremely useful, if you’re for anybody, but especially if you’re looking to get into business ownership, read that book, another book that’s worth looking into.

And there are audiobook versions of these too, if you don’t want to sit and read it, go and listen to it, it’ll be helpful, Rich Dad, Poor Dad by Robert Kiyosaki is extremely useful for someone that’s never done business, and is unfamiliar with a lot of the things that business takes, go check that out, that the main ideas.

If you can see it from the other person’s perspective, and develop your business around a type of customer, a specific desire that you’re looking to help out, you’re looking to help people reach something that they’re already looking for, you’re going to be in good hands, that’s a great way to go.

The second thing is to find somebody that’s already in that field or, or has done something similar. Get them as a mentor, and do it part-time to start.

If you’ve never owned a business before, it’s really, really, really helpful, to not be self-employed right off the bat, if you’re going to be a business owner, you want to keep out of being self-employed as long as possible.

I know that’s kind of odd to think about. But you got to see is a business owner not as you being the worker, but as you being the designer and the person who helps lead the business through its motion as it’s growing if that makes sense.

So these are just some random ideas that only seem random, they all go along the same line, a couple of places you can start, I’d love to hear your questions as far as business ownership, because one of the things that I tend to do, and you’ll find that with most of these videos, I tend to talk from the perspective of a successful business owner, as people who have already done something, but are looking to do more.

So it’s one of the main things I do during the day is helping business owners that are already successful, be more successful, and have a more fulfilling success for their personal life.

But on top of that, I also help people start businesses that have never started them before, or start them in areas that they’re unfamiliar with.

So if that’s you, leave a comment, I’d love to hear what your thoughts are, especially if you’re, you’re getting away I mean with vaccine mandates and everything else.

A lot of people are getting away from employment and not sure where to go next. I got some great ideas as far as that goes.

We could see if it fits you or not. But uh, reach out to me and we’ll talk. That’s all I got for tonight.

Go check out my book, 9 Ways to Amazon-Proof Your Business. If you’ve already had a business especially this is going to help you go to the next level. Get a free copy at AmazonProofBook.com.

Have a good night, we’ll see you tomorrow.

In the meantime, get out there and let the magic happen.

2 Steps Before Starting a Business 🕴️

Posted on by brianjpombo

Podcast: Play in new window | Download

Brian offers a few tips you should consider before starting a business.

Transcription

Two steps before starting a business.

Hi I’m Brian Pombo, welcome back to Brian J. Pombo Live.

One of the things that I do most of the time is is spent a lot of time with people that have businesses that are already up and running and relatively successful, and are already in movement.

There’s an old term that it’s easier to steer a moving car than a parked car, okay, if it’s already moving, if it’s already growing, it’s a lot easier to get things done.

The toughest time in a business is in the very beginning those first few months, those first few years, that is by far the toughest time in any business.

But at the same time, I still work on the side with people that want to start a business for the first time.

If you’re one of those people, I’ve got two tips for you, right off the bat, two things you want to start with.

Number one.

The first thing I would recommend you doing especially right now, so this is May of 2021. Even if you’re watching this years in the future, this will probably still be the same with the first things I recommend you do is write down everything you want to have not want to have from a business.

So both the results that you’re hoping to get from it. And the things that you definitely don’t want from it, but you figure business might provide, you know, spending too much time in the office or what have you, you’ve got to have those pieces of the list worked out, you’ve got to write all that stuff down.

And seriously, don’t just and talk about it, if you’ve if you’re going into it with anybody else, if you have a spouse, if you have loved ones that are going to be dependent on you, any of those, you’re going to want to write all this stuff down and talk to them about it.

Talk about that, you know, best case scenario, worst case scenario when it comes to business ownership, if it were really to do what you wanted to do, write down what that is. And there’s a reason for that.

The reason is that when you start looking, or if you if you’ve even started looking for the type of business you’re looking for, you’re going to want to ask questions of people in those businesses to see if it fits, where you want to be and see a horse, see if the negatives start popping up.

So you got to have those written down, it can’t just be at the back of your head, you’ve got to start learning that stuff that just sits in the back of your head is useless. It’s got to get down on paper at some point, it’s got to become tangible.

That’s how you make it in the business world.

Especially if you’re anything like me, where you can be a little scatterbrained and forgetful about things. I know these are important things you think you there’s no way I could possibly forget.

But you may forget them all at the same, you may forget pieces of them at the wrong time. So you’re gonna want to write those down, write down those lists.

Second thing that you’re going to want to do is you’re going to want to start talking to business owners.

If you know business owners start talking to them. And there’s two questions, I’m going to recommend you ask them, but even if you just start having conversations with them about their business, that’s going to get you a long way.

I’m going to say there’s two questions that you’re going to want to ask them and I’m going to talk about those tomorrow.

So how about that?

How’s that for a hook?

Come on back tomorrow. Or if this is in the future, go and check out the next day’s video in this series on starting a business.

So go check that out.

That’s all I have for tonight. For those of you who already have a business and you’re looking to overcome competitive forces, and really stand out in your marketplace, check out my book, 9 Ways to Amazon-Proof Your Business. You can get a free copy at AmazonProofBook.com. We’ll be back tomorrow night.

In the meantime, get out there and let the magic happen.