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  1. #1
    spenceriowa is offline Junior Member
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    Apr 2010
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    What do small business owners have to do?

    What kind of small business owner are you?
    What do you specialize in?
    What do you have to do on a typical day?
    How is your job related to the law?
    What are the educational requirements to become a small business owner?
    Why did you become a small business owner?
    How long have you been one?
    What do you enjoy about being a small business owner?
    What's challenging about it?
    What advice would you give to someone who wanted to run their own small business?
    I am running my online business

  2. #2
    jingles is offline Member
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    I don't have any kind of business. But I am planning to start a new business regarding crafty stuff.

  3. #3
    guidemesingapore is offline Senior Member
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    Feb 2010
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    Freedom from a boss is usually what all small business owners like.

  4. #4
    SethKravitz's Avatar
    SethKravitz is offline Junior Member
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    What kind of small business owner are you?

    Don't know how to answer that one specifically, but I am the CEO of the company and a co-founder.

    What do you specialize in?

    I have always been heavily involved in the marketing and creative efforts of the company (SEO, PPC, web design, etc...)

    What do you have to do on a typical day?

    Emails, emails, emails. Probably about 100+ per day. Lot's of reviewing and revising of projects from various departments in our company.

    How is your job related to the law?

    Um, it's not I guess....

    What are the educational requirements to become a small business owner?

    None. I know many people, including myself, who don't have anything more than a high school diploma. But even that isn't required either. There really are no "requirements" education wise, you could have dropped out of elementary school and you can still start a company.

    Why did you become a small business owner?

    I felt I had a great idea, I saw the need for what I wanted to do, and I felt it was the perfect time in my life to take the risk and jump in.

    How long have you been one?

    I started my first company in 2002.

    What do you enjoy about being a small business owner?

    Being my own boss. I have some pretty strong issues with authority and I just never could handle working for someone else. I still do have a boss though in my mind, I work for our customers. They are the ones that keep me employed by using our services, so they are the ones I report to.

    What's challenging about it?

    Everything. There is a reason why so few people start a business and why the majority of those businesses fail. There is nothing simple about launching a successful company.

    What advice would you give to someone who wanted to run their own small business?

    Stay as frugal as possible. Hire slowly and only when absolutely necessary. Fund it with your own money or loans, don't give equity away. Be as patient and persistent as you are capable of; there is no fast forward button.
    ---------------------------------------------------------------------------
    CEO at InsuranceAgents.com
    #24 fastest growing company in US on 2009 Inc 5000 List
    I blog about my experience of growing the company at http://www.secondcityceo.com
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  5. #5
    CKrecicki's Avatar
    CKrecicki is offline Senior Member
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    Charlotte, NC
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    What kind of small business owner are you?
    Generation Y/X

    What do you specialize in?
    Social Media & Web Platform Design Integration

    What do you have to do on a typical day?
    Go to the office, wait for clients to come in through my social media marketing.

    How is your job related to the law?
    It isn't.

    What are the educational requirements to become a small business owner?
    Self Taught

    Why did you become a small business owner?
    Self Actualization being the hierarchy of my needs.

    How long have you been one?
    One Month

    What do you enjoy about being a small business owner?
    I can work where I wish and still expand.

    What's challenging about it?
    Thinking you can't do something when you can.

    What advice would you give to someone who wanted to run their own small business?
    Make sure it's something you can enjoy even at the most stressful times. A business is not more then a creation by conjunction of thought trial and error. You are the business as the founder, make sure you have high values and moral while your poor, thats the hardest lesson of it all.
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  6. #6
    StephenG is offline Junior Member
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    Feb 2010
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    49
    What kind of small business owner are you?
    Interior Products and services

    What do you specialize in?
    Floor coverings and window coverings account for 70% of my business

    What do you have to do on a typical day?
    7am till 9am dispatching and going over jobs with installers
    9am till about 10am office innner office communications
    10 am till (about 1 hour) calling clients and venders regarding existing jobs or problems
    11 am till closing, preparing estimates, cold calling as time allows, assisting office where needed.
    5:30 pm, close shop, remove bottel of scotch from bottom drawer and do a bit of creative writing, advertising marketing, strategies etc.

    How is your job related to the law?
    No more than just staying abreast of local laws and regulations regarding my business

    What are the educational requirements to become a small business owner?
    none

    Why did you become a small business owner?
    There is great satisfaction in expressing yourself through a business

    How long have you been one?
    30 years

    What do you enjoy about being a small business owner?
    I would have to say the freedom and control over my own destiny

    What's challenging about it?
    The biggest challenge is to be able to turn negatives into positives and stay motivated with fresh ideas

    What advice would you give to someone who wanted to run their own small business?
    Be honest with yourself about your personality and how much you are willing and able to put into something. Know your weaknesses as well as your strenghts and leave your ego at the door.

  7. #7
    DeonKrey's Avatar
    DeonKrey is offline Member
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    US, New York
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    A small business owner for me is the one who actually needed a retirement from work. Most business owners especially those who have ventured through the internet (like me for instance) is much happier this way because I'm the boss of myself and I allow my money to work on my skills and experience while I oversee results coming on autopilot. What we have to do now is to continue learning and taking action because competition is always there and results vary from time to time. Also, we shouldn't forget to reward ourselves after yielding such accomplishments in short period of time compared to those times that we're still working for someone.
    Outsourcing is to time management and business leverage...

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  8. #8
    winona is offline Junior Member
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    Quote Originally Posted by guidemesingapore View Post
    Freedom from a boss is usually what all small business owners like.
    Plus the fact that you have a flexible working schedule, or if lucky enough you have it all under your command.
    Last edited by winona; 04-29-2010 at 05:49 AM.
    Lindsay Rosenwald - Insider Trading

  9. #9
    mymvtindia is offline Junior Member
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    Being my Own Boss is what Small Business Owners are like.

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