How to Stop Working and Own Your Dream Business:

Post: How to Stop Working and Own Your Dream Business:

Ryan

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How to Stop Working and Own Your Dream Business: A Guide from The Entrepreneur’s Source

Ever caught yourself dreaming up fantasies of being your boss? You’re not alone. According to the Small Business Administration, there are more than 33 million small businesses across America. Not many people are pleased with the idea of going to a 9–5 job, and they want to escape their job, but putting in your first step towards this freedom is often what stops them. And that is where a Career Ownership Coach™ becomes your North Star.

The Truth About the Workplace Today
Source	Statistic
Gallup’s State of the Global Workplace report	Only 21% of employees are engaged
Bureau of Labor Statistics	The average employee changes jobs 12 times during their career
LinkedIn survey	63% of professionals would contemplate changing careers but don’t know where to start

What these statistics speak to is that there are many who are preparing for a change, but just don’t know how to initiate it.

What’s Holding You Back?
Perhaps you are thinking, “sounds great but there are some problems…” Common concerns include:

No capital to bootstrap
Fear of failure
Lack of business experience
Not knowing which business to select
Work-life balance worries

You probably should not go rushing into this whim act of the start-up life, right? And the fear of not having enough cash, the dozens of options on which company to select or whether there is any way to maintain a work life balance right are totally valid. But with the right guidance, these will be addressed and thus eliminate a lot of needless stress while giving you the greatest shot of realizing your business ownership dream.

How a Career Ownership Coach™ can change the game.
Consider a Career Ownership Coach™ your private tour guide on the path to business ownership. They give you direction and a measurable goal, keeping your eyes on the prize.
Discovery and Assessment: your coach helps you realize:

Your strengths and skills
Your goals and dreams
Your ideal income level
Your preferred lifestyle

Your risk tolerance

Options and Opportunities: They introduce you to:

Different business models
Franchise opportunities
Industry trends
Funding options
Support systems

Education and Guidance: Your coach provides:

Conducting research and analysis in the marketplace
Business model comparisons
Financial Planning Help
Decision-making support
Reality checks and feedback

Coaching by the Numbers: The Science Behind Its Effectiveness

Studies have demonstrated that you are far more likely to achieve your goals when you work alongside a coach:
Franchise businesses succeed about 90% over five years, versus roughly 50% for traditional startups according to the International Franchise Association
Statistics indicate that 96% of business owners believe coaching helped them achieve their goals more quickly than when they did not have the benefit of a coach.

Your Path to Becoming a Business Owner
Here’s what an average journey looks like when you partner with a Career Ownership Coach™:

Phase	Duration	Activities
First Meeting	2 to 3 Weeks	Evaluate Your Position, Define your goals, Identify more roadblocks
Education Phase	4-6 weeks	Know about different types of business models, Risk financing options, Study the market potential
Discovery and Selection	6-8 weeks	Analyze companies, Speak with business owners, Discuss Financial Projections
Decision and Action	4 to 6 Weeks	Choose your business, Develop your action plan, Begin implementation

Success Stories: Every journey is different but here are typical patterns of success we observe:

Sarah — a new multi-unit owner (traded in her corporate job to open 3 successful franchise locations)
Malcolm, an IT professional found the ideal fit to a business coaching franchise
Lisa turned a passion for health into a successful wellness business Lisa

Making the Move: Practical Steps

Begin With Full-Time Employment: Most thriving business owners maintain their day jobs while considering the possibilities. This relieves pressure and keeps cash flow steady.
Educate Yourself: Take advantage of complimentary resources and webinars and reading any educational material your coach may provide.
Network Effectively: Boost your network and listen to the experiences of other business owners. Having that sense of community and shared knowledge will instill a function where you feel connected and supported on your journey.

Understand Your Finances: You should do this in conjunction with your coach:

Startup costs
Operating expenses
Revenue projections
Funding options

Why is Now the Right Time?
Category	Details
Work-Life Balance	Forbes cited Upwork’s Future Workforce Report, remote work would hit 22% by 2025
Technology	77% of small businesses reported a boost in operational efficiency via digital tools (Deloitte’s 2023 Digital Transformation Survey)
Funding	Digital lending market valued at $12.6 billion in 2022, projected to reach $71.8 billion by 2032 (Allied Market Research)
Support	More than 300,000 small business owners supported through SCORE mentorship programs in 2023, 87% success rate

Work-Life Balance: Forbes cited Upwork’s Future Workforce Report, which revealed that remote work would only hit 22 percent of the workforce by 2025, meaning that those who relied on working from home for a healthy work-life balance need to actively seek new methods of boundary-setting and availability-ensuring if they hope to maintain any semblance of both personal time and space.

Technology: It has become easier to run a business owing to Technology. Seventy-seven percent of small businesses reported a boost in operational efficiency via digital tools, according to Deloitte’s 2023 Digital Transformation Survey.

Funding: More funding sources are available than any time in the past. As per a new report published by Allied Market Research titled, “Digital Lending Market — market forecast from 2023 to 2032,” the digital lending market was valued at $12.6 billion in 2022 and is projected to reach $71.8 billion by 2032.

Support: There are better support systems in place for new business owners. SCORE revealed that more than 300,000 small business owners were supported through its mentorship programs in 2023, with mentored businesses achieving an impressive success rate of 87% compared to those without a mentor unlike other.

Your Next Steps

Keep all options on the table
Commit to the Process of Discovery

Business owners do not just pop up overnight and start becoming successful — they are coached, trained, and guided into success. With the right support from a Career Ownership Coach™, you can:

Find the Perfect Business Match
Avoid common pitfalls
Make informed decisions
Build a sustainable future

Business ownership does not have to be isolating or intimidating. The dream of business ownership can be a reality with expert guidance from The Entrepreneur’s Source.

Ready to take the first step? Start here today and begin your path toward your Career 2.0.

About Your Career RevolutionOur mission is to help individuals explore self-sufficiency as an alternative career.We help them define their Income, Lifestyle, Wealth, and Equity goals and provide education on the best ways to achieve them. We don’t sell franchises – we help people achieve their dreams of self-sufficiency through business ownership. The approach is different, the experience is different. And it works.Order on AMAZON
Learn More About Career Ownership Coaching®
If you are considering a career change, invest in yourself to discover your options, possibilities, and dreams. Chat with one of our coaches to begin your career revolution. To learn more about Career Ownership Coaching®, visit www.entrepreneursource.com or check out our guidebook, “Your Career Revolution: Reimagine and Reclaim the Life of Your Dreams.”