Busting a Myth: You Will Have Lots of Free Time When You Have Your Own Company

MythBusted

 

Many small business owners think that when they have their own business, they will have alot of free time since they no longer have a boss. They figure now that there is no one keeping track of their time, they are “home free”!

The reality is that they actually have more bosses and therefore more demand for their time. Having your own business actually means that their customers are their boss. Their employees are their boss. Their vendors are their boss.

Business people that run a company actually find that they have less free time to do what they want outside of work, rather than more since they are responsible for so much.

Successful small business owners can carve out free time on their own away from their company if they jealously guard their time. This does not necessarily mean strike a balance between your business and personal life, but a focus and commitment to being in a single place at a time. For example, there should be places and times in your life that business simply does not enter. This could be as simple as not using your smartphone at the gym or not bringing it into your bedroom at night. To others, it means putting personal time as a meeting on their calendar and sticking to it. This is important since a successful small business owner finds a way to recharge every day by being mentally and emotionally away from their work.

By | 2017-05-22T06:16:15+00:00 March 14th, 2017|Personality on the Side|Comments Off on Busting a Myth: You Will Have Lots of Free Time When You Have Your Own Company

About the Author:

Barry Moltz gets business owners unstuck by unlocking their long forgotten potential. With decades of entrepreneurial experience in his own business ventures, he has discovered the formula to get stuck business owners and increasing their sales. Barry has founded and run small businesses with a great deal of success and failure for more than 20 years. After successfully selling his last operating business, Barry founded an angel investor group, an angel fund, and is a former advisory member of the board of the Angel Capital Education Foundation. His first book, “You Need to Be A Little Crazy: The Truth about Starting and Growing Your Business” describes the ups and downs and emotional trials of running a business. His second book, “Bounce! Failure, Resiliency and the Confidence to Achieve Your Next Great Success”, shows what it takes to come back and develop true business confidence. His third book, “BAM! Delivering Customer Service in a Self-Service World” shows how customer service is the new marketing. His fourth book, “Small Town Rules: How Small Business and Big Brands can Profit in a Connected Economy” shows how when every customer can talk to every other customer, it’s like living in a small town: Your reputation is everything! His fifth book, “How to Get Unstuck: 25 Ways to Get Your Business Growing Again” helps every small business owners move their company to the next level. Barry is a nationally recognized speaker on small business who has given hundreds of presentations to audiences ranging in size from 20 to 20,000. As a member of the Entrepreneurship Hall of Fame, he has appeared on many TV and radio programs such as CNBC’s The Big Idea, and MSNBC’s Your Business. He hosts his own radio show on AM560, and writes for American Express and Forbes.