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Posts Tagged ‘attributes of successful owner’

So, you want to be your own boss?

Thursday, July 29th, 2010
According to a study by USA Today, you’re not alone; 72% of people polled said they would rather work for themselves. At first glance, it sounds great: you get to make your own hours, go to work at will, enjoy long vacations, and take home a hefty paycheck.

Ask any small business owner just starting out, however, and they will likely agree with Small Business Watch – the reality isn’t so rosy. On average, small business owners work 60 hours and a minimum of six days a week, including holidays, makes less than the average minimum wage worker in the first year and are the person that solves the problems while balancing home and social life. So, think you still have what it takes to be a successful business owner? You need to be prepared. While having a college degree doesn’t hurt and passion and skill are important, the following attributes that have been compiled from a survey of profitable entrepreneurs, academics and investors as influential in becoming a successful business owner may surprise you.

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