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May 19, 2022 by Daran Wastchak
#024 The #1 Reason Why Employees Become Business Owners
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In this episode, host Daran Wastchak will be talking about the primary reasons why people, by the hundreds of thousands every year, give up the safety of their job to start a business.
More specifically, Daran will be sharing with you what business owners have consistently said, in multiple studies, their number one motivation is for starting their business.
Here's a hint: it’s not money!
Listen to the show to learn what it is, and also how to make it a reality, not just a dream, for you and your business.
Enjoy the show and don't forget to...
Stay focused on your freedom!
Here's a glance at this episode...
- [01:55] When asking small business owners why they started their business, making more money is not at the top of the list.
- [02:37] The top choice for small business owners in their study was the “ability to choose their own lifestyle and manage their own time.”
- [05:57] The American Bald Eagle has become a widely recognized symbol of freedom in the world.
- [07:17] Congress ultimately approved the American Bald Eagle on June 20, 1782.
- [11:36] A business that is Freedom Focused fulfills all four of the freedoms we’ve just described...
- Freedom of time
- Money
- Relationship
- Purpose
Links mentioned in this episode:
- Freedom Focused Business Startup Survey
- Daran’s article, “The Real Reasons Small Business Owner's Start Their Business (Hint: It's Not Money!)”
- Daran’s article, “How Do You Define ‘Freedom’ as a Business Owner?”
- Four Levels of Freedom for small business owners
- Join my email list!