Sometimes, the right question makes the difference. Do you have what it takes to start a small business? Do you dream about running a small business? On today's edition, Franklin gets into the realities of what running a small business really entails. Hard questions and hard facts.
https://www.youtube.com/embed/YT7o6qivtS4
Dream
What is your dream is it more time, more money, flexibility,
In 2018 one study showed that 62 percent Americans want to make their dream of owning a business
2020 4.3 million applications to start a business were filed in the US 1.3%
In 2019 10.6% of Americans own a business
Control over The Work work life balance
Meaningful work
Control over Finances
Fear of Failure
Pride of
Why are you doing it, is it because you are dissatisfied?
14% of American adults say they’re very happy
https://apnews.com/article/virus-outbreak-health-us-news-ap-top-news-racial-injustice-0f6b9be04fa0d3194401821a72665a50
Sadly, only less than 50% of U.S. workers feel that they are in good jobs. There is a nexus between the quality of one’s job and the overall quality of a person’s life. While a number of workers in good, mediocre jobs rate their overall quality of life as “high,” most of those in bad jobs feel the contrary.
https://www.forbes.com/sites/jackkelly/2019/10/25/more-than-half-of-us-workers-are-unhappy-in-their-jobs-heres-why-and-what-needs-to-be-done-now/
85 percent of respondents are either somewhat or very satisfied with their jobs. “Meaningfulness” was the biggest contributor to overall happiness,
https://www.cnbc.com/2019/04/01/85percent-of-us-workers-are-happy-with-their-jobs-national-survey-shows.html
Employee burnout is a significant problem across business sectors. According to Deloitte, 77% of professionals say they have experienced burnout at their current job. Employee burnout is a significant problem across business sectors. According to Deloitte, 77% of professionals say they have experienced burnout at their current job.
Burnout affects millennial retention: 84 percent of millennials say they have experienced burnout at their current job, compared to 77 percent of all respondents. Nearly half of millennials say they have left a job specifically because they felt burned out, compared to 42 percent of all respondents.
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/burnout-survey.html
Yet more than 70 percent of workers say they don't feel satisfied with their career choices, and I believe we have serious epidemic on our hands.
https://www.psychologytoday.com/us/blog/contemplating-divorce/201709/are-you-among-the-growing-number-unhappy-married-people
Yet a full 77% of respondents said they’re extremely happy and plan to continue running their business.
Even with 44% who say they’re working more hours than they did this time last year.
65% who reported they worked at least every other weekend.
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/burnout-survey.html
Read Start with Why, E-Myth, Profit First and ClockWorks, Scaling Up
Listen to Are you breeding your own competition
https://pestgeekpodcast.com/podcast/are-you-breeding-competitors/
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