If You Were Boss

by Krantcents · 23 comments

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What would you do if you were boss? What if you were boss of the company you work for? What would you change? Do you think like an employee or an entrepreneur? Suddenly, you need to see the big picture vs. doing just a job. You should be performance focused rather than just doing a job. Planning for the future just became your number one priority! What would you do if you were boss?

I do not know about you, but I started thinking about this when I was about seven (7) year old. I remember going into F.W. Woolworth Company (Woolworth’s 5 & 10) and some clerk telling me to leave because I played with the toys. In my head, I remember thinking what I would do if I were boss. He or she probably did not view me as a possible customer or I was just messing up their display. If I bought the toy, it probably would not bother them I messed up their display.

Was my question an indication of a future entrepreneur or just a kid who was annoyed with a clerk? I do not really know!  Maybe, it was just one of many signs of an entrepreneurial personality. Why is this important? Not everyone is cut out to be their own boss. Unless you have what it takes, don’t bother! Entrepreneurs usually start with a good idea and are willing to take a risk to make a change. Do you have what it takes to be an entrepreneur?

Becoming an entrepreneur is more like going into medicine. There are a lot of obstacles for most people to become a medical doctor. It takes four (4) years of college with an strong emphasis in the sciences (biology, chemistry or physics), four (4) years of medical school, residency program and a state medical license. There are enough hurdles to keep out people who are not willing to do what is necessary to become a physician. Being an entrepreneur does not guarantee success!

What does it take to become an entrepreneur?

  • Risk taker – Entrepreneurs are willing to take risks! It starts with an idea which may be as simple as making a better hamburger or something much more innovative such SPANX. You are willing to sacrifice the security of a job, make an investment and many hours of hard work to make it successful. If that is not you, you may want to stick with your day job.
  • Will an MBA help? – Education is great, but it is not all you need! Education is great to show an employer that you can achieve academic success. Yes, you learn useful tools, but you still need to know what to do with those tools. There are many great entrepreneurs who were undereducated or their education did not do much to help them achieve success. There is something else that drives successful entrepreneurs to greatness.
  • Long hours – I used to tell my students that they should find a career that they are willing to do twenty (20) hours a day seven (7) days a week. It describes what entrepreneurs usually do. It is not because they are bad at it, instead it is because they love it. It inspires them to sped all their waking and perhaps sleeping time thinking about their work. If it is true, you should love what you do!
  • Passion – The word passion is thrown around easily when it comes to entrepreneurship.  You are supposed to be passionate about everything you do as a career, but particularly entrepreneurship. After all, you will work hard and spend a lot of hours doing it, you should love it. If you do, you will be good at it and paid well too. Pay is relative, but you will derive enough satisfaction and the money will follow.
  • Figuring it out – Becoming an entrepreneur is a huge step. It is not enough to have the investment capital to start a business because you will blow through that if you do not have what it takes. You need to spend the time to figure out what really is important to you. If you are just quitting your job because of a bad boss or company, don’t start a business. If you have an idea and the passion to make it happen, you probably cannot let it go. You will want to eventually make it happen and you should.

Final thoughts

Everyone wants their own business until they realize what it takes. There is no instant wealth and you work long hours to make it successful and the payoff in far in the future. There is something else that drives entrepreneurs and riches is not one of them. It is whatever idea for a product or service and how it will change something for the better. If you do not believe me, why do entrepreneurs keep working after they have more money than they can spend? What would you do if you were boss?

Photo by:  Flickr

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{ 14 comments }

Clarisse @ Make Money Your Way June 4, 2014 at 3:37 am

If I were a boss first thing to do is to build a good relationship with my employees. Having a good relationship with them and an open communication is really important.

Krantcents June 4, 2014 at 7:10 am

I agree that is real important! I wish all bosses would take the time to get to know their employees. It makes it easier to lead and motivate.

Holly@ClubThrifty June 4, 2014 at 5:42 am

I’m self-employed, so I guess I am the boss! There are many things I wish I could do differently. I just need more hours in the day!

Krantcents June 4, 2014 at 7:11 am

Start with a plan and drives you to your goal. Good luck.

Joshua L Rodriguez June 4, 2014 at 8:25 am

Luckily enough for me, I am my own boss. I have been since 1/1/2014 when I quit my job of 3 years to walk into what you obviously know was an uncertain future. I worked 18 hours a day on weekdays and 8 hours a day on weekends for a year and a half to make a possible. I’ll tell you what though, it’s the best thing that’s ever happened to me!

It’s funny how who we are as children play into adults. I think that situation in the store was a play on who you would be when you got older. It’s kind of funny how that works. Before I could remember, my dad told me that I used to run up to well dressed people and ask how much money they made when he wasn’t working. If it was the most I’d heard that day, I would ask what they did. By the end of every shopping day, I had a goal toward a new career. I guess I’m money minded.

Krantcents June 4, 2014 at 11:32 am

My mother identified me very early (7 years old), my first love was money! I made a career out it as a CFO. I still am fascinated with what I can do with money and now I am taking it in a new direction with blogging and influencing young people. I still have more goals and interests to pursue in my “senior” years.

Peter June 4, 2014 at 3:59 pm

If you’re self-employed, you gotta start acting like a boss and start wearing boss’s hat.

I find myself doing too much work wearing employee’s hat instead of doing executive duties like being strategist, director and supervising.

Krantcents June 4, 2014 at 4:06 pm

Unfortunately, many self employed people try to do everything, but it is important to have a vision for your company and work on it.

Alexis June 5, 2014 at 6:43 am

If I were a boss, I should now be thinking about the opportunities for productivity improvement. I will achieve significant results, consults with those who perform the work. At all times I must acknowledge any contribution from my workers. And most important I should establish a dependable kinship with my employees and also to have an open communication with them.

Krantcents June 5, 2014 at 7:02 am

Working relationships enhance a professional environment. It is called teamwork!

Poor Student June 6, 2014 at 12:07 am

I think passion is definitely something that keeps an entrepreneur keeps doing what they’re doing even though they’ve already made enough money because they actually love what they’re doing. Being a boss is tough, and it takes a lot of sacrifices to be a successful one. If I were a boss I would try not to ‘command’ my employee but to build a connection with them and create a ‘we’re in this together’ environment.

Krantcents June 6, 2014 at 6:49 am

There are many kinds of leaders and leadership styles. The key is to fond what works!

Zee @ Work-To-Not-Work June 8, 2014 at 11:44 pm

If I was the boss at my company I would focus more on not pushing out new products for the sake of pushing out products. I would focus on rolling things out a little slower so we can catch the bugs a little better first to keep our clients happy. I understand the CEO’s approach, but I think we’re pissing off our clients enough to make them look for new vendors.

Krantcents June 9, 2014 at 7:24 am

The best part of owning a small business is you get to try solutions and if they do not work, you can change them.

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