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Starting a Business & Doing What You Love

One of the biggest misconceptions is that if you start a business for doing what you’ll love, you’ll be doing that all the time. The truth is that “doing what you love” only accounts for roughly 15% of your time. 1 Instead, you end up being the ‘business owner’. As a result, you’ll be doing things like making sure the books are balanced, playing salesman, and running the marketing. It’s likely that you’ll also be doing things like running to the superstores to get more toilet paper after you disinfect the bathrooms (after hours). So, start a business and do what you love…

15% of Your Time = Doing What You Love

Whether you love cooking, working on cars, or sharing your love for craft brews… it’s hard to run a business. So, if you only get 15% of your time to do what it is that inspired you to start your business, then you need to make that time count. (Or, find ways to increase your ability to spend the time on the things you love doing…)

“Entrepreneurs have a mindset that they have to do everything on their own. Not only is that a one-way ticket to Burnoutville, it’s just bad for business.” However, many things from accounting, design, and copywriting can be hired out. In addition, there are plenty of places online to help: Upwork, Guru, Fiverr, and SimplyHired.1 You can also hire out to have your facility managed. You can have your uniforms cleaned & delivered, bathrooms & facilities restocked, and restrooms deep cleaned. In conclusion, you have to think about how much is your time worth? How much more could you do if you optimized and outsourced where you can?

Phelps Can Help

You likely didn’t start a business because you wanted to do everything. (Even if you’re good at it). It might be time to partner with a workplace expert like Phelps and get back to doing more of what you love: https://phelpsusa.com/uniform-services/build-your-own-program

Credit: 1 (https://www.inc.com/john-rampton/10-things-i-wish-i-knew-before-i-started-my-own-business.html)


09|02|21

Starting a Business & Doing What You Love

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