Home
>
Small Business
>
What Happened to the Money and Freedom?

What Happened to the Money and Freedom?

Ask anyone trapped in a cubical about their entrepreneurial dream and they will tell you, "I want to own my own business. I'll make more and have more time."

Only 2% of small business owners (SBOs) live that dream. The other 98% find their businesses owning them. They work more hours and have less money. They experience more stress, and feel even more trapped.

What happened to the dream? What happened to the money? What happened to the freedom?

First, the average SBO has no idea how to make money. No clue. They THINK they do. They believe the crowds will fight their way to the door of their business, but it rarely happens.

Success, however, is not an accident. It's no more an accident than getting a college degree or a recording contract.

Here's the "secret" to making money in business?

1) Providing a service or product the market can't live without. 2) Locating "lost" money in the business. 3) Protecting the business from financial vampires.

Second, once they start the business SBOs become control freaks and fear that relinquishing one minute will spell disaster. They equate time with results when they are actually independent factors. At times a thirty-second decision could produce millions.

It's not the time that counts, but relevant action. It's better to work one relevant hour than ten irrelevant ones. Most SBOs never learn this. They worry about being at the office too much, or not enough. They worry about "not being there" for every tiny decision.

Third, the typical SBO would rather whine than work.

"I tried to call some vendors, but I couldn't get through."

"I put in 60 hours, what is it going to take?"

"If I had better help this business would turn around."

There's no doubt that small business owners across the planet are putting in a lot of hours, but are they engaging in high profit activity?

How can SBOs gain the money and freedom they dream about?

1. Do only the essentials. Train the staff to do the rest. 2. Focus on proven profit centers. Stop experimenting. 3. Work without whining. Don't make excuses, make money.

Paul Evans is the managing partner of http://www.embattled.net. Embattled helps small business owners make more money and find more time to do what they enjoy.

Berwick Chicago charter limousine .. Lockport Chicago limo O’Hare

In The News:

The CyberGuy breaks down five mobile privacy terms that could make a difference when it comes to keeping your personal information safe.

A groundbreaking robot that's like a real-life Wall-E uses advanced artificial intelligence to replicate natural gestures and deliberate actions with striking accuracy.

If not properly managed, Windows Defender Application Control, a security feature with Windows, could be a potential security vulnerability.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

FlashBot Arm, a semi-humanoid robot, acts more like a human than traditional robots, and you may see it working at a restaurant, healthcare center or hotel.

There are multiple ways to find your missing Android phone after it goes missing. One method involves using a smartwatch to ping your phone.

The NeuroOne OneRF Ablation System is a new device with FDA-cleared technology designed for both diagnosing and treating neurological disorders in one procedure.

The CyberGuy provides tips to protect yourself from criminals who use various methods to make unauthorized transactions using your account information.

New drone technology maps land and water with stunning accuracy, giving researchers and conservationists a new way to understand our planet.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

X hit with massive data breach with 200 million records leaked, including emails. Tech expert Kurt “CyberGuy" Knutsson offers seven tips to help protect yourself.

Atlas robot by Boston Dynamics amazes tech expert Kurt “CyberGuy" Knutsson with its breakdancing moves.

Tech expert Kurt “CyberGuy" Knutsson talks about how Google kept Android SafetyCore details quiet until it scanned users' photos.

Hydrogen trucks debut in Georgia, sparking debates on costs and green freight gains. Kurt “CyberGuy" Knutsson comments on this promising chapter in green logistics evolution.

Tech expert Kurt “CyberGuy" Knutsson says ChatGPT learns from chats, but you should avoid sharing sensitive information to protect your privacy.

Beyond Aero's BYA-1: Hydrogen-electric jet with zero emissions, reduced costs, 2030 launch. Kurt “CyberGuy" Knutsson discusses a potential game changer in the evolution of air travel.

Kurt "CyberGuy" Knutsson explains how you can creatively repurpose your old unused Android devices, which are full of potential and hidden value.

Mech the super-humanoid robot can lift up to 132 pounds and is designed to tackle stressful and repetitive tasks that often lead to workplace injuries.

Double-clicking is something we all do, often without giving it a second thought. But it could be giving hackers permission to do something dangerous.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Kurt the CyberGuy offers some of his easy expert tips to free up storage space on your Android if your device is running short on storage.

You can reset your internet router remotely if you're not home when your power goes out. Kurt "CyberGuy" Knutsson explains how this can be done.

The EO Canopy is a self-sustaining, solar-powered camping platform designed to provide all the comforts of home while completely off the grid.

Experts say hackers who used to focus on Windows operating systems are increasingly targeting Apple IDs as part of a new phishing campaign.

Unitree, a Chinese robotics company that developed a backflipping robot, has now introduced a humanoid robot capable of doing a side flip.

What Happened to the Money and Freedom?

Small Business