Become an entrepreneur, or not
Being your own boss, a true entrepreneur, is that where you dream of or do you think you will not be the right person to be the boss of your own hair selling company?
It’s good you have great passion for hair extensions and to make people look and feel great, in a way that should be your first step, after all you are not selling encyclopaedias are you?
But the next step you should consider is if to work in the beauty industry as hair dresser, stylist, cosmetologist or focused on selling hair extensions as an independent worker or an entrepreneur, is really your thing. You can learn to use design thinking and entrepreneurship principles to change how you work.
Four quotes about entrepreneurship
To help you to make this decision, we have four quotes for you as entrepreneur, of course , for everybody your own personal motivation matters, but in general there are some things we can share about entrepreneurship that are to be considered as an Advantage or Disadvantage. But again as a entrepreneur, you decide!
“Without leaps of imagination or dreaming, we lose the excitement of possibilities. Dreaming, after all is a form of planning.”
― Gloria Steinem
|PRO: To be your own boss is a very exciting time, from the idea and start-up to the development and realisation of the beauty service.||CON: There is also great risk attached to entrepreneurship. The success or failure of the business rests with the entrepreneur.|
“When faced with two equally tough choices, most people choose the third choice: to not choose.”
― Jarod Kintz, This Book Title is Invisible
|PRO: If you are the boss of your hair business you can make all of the decisions; you have complete control, from buying stationary to hire or fire people. This allows for a huge degree of independence and a chance to shape your own career.||CON: Now you are the one to make all decisions and nobody is making them for you, this can be quite stressful and are you ready to handle such responsibility as entrepreneur can be difficult.|
“The measure of a person’s strength is not his muscular power or strength, but it is his flexibility and adaptability.”
― Debasish Mridha
|PRO: Because you have control over your work schedule and calendar this means you can choose when to take time off and work the schedule that suits you best. You can manage yourself the balance between business and family hours for example||CON: Not only in the start-up phase as entrepreneur you often have to work very long hours. Your work schedule is never predictable and you must be ready to deal with emergencies that may occur at any time. You have to keep your clients and staff happy, also after salon hours|
“Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned.”
― Thomas Sowell
|PRO:You can work hard as employee, but still feel you are not fully compensated for the work you do. Becoming an entrepreneur means you can reap the benefits of all your hard work.||CON: Becoming an entrepreneur means you have to leave behind the security of having a pay check each month. It is the clients, or your sales, that will decide if you have a good or not so good months as entrepreneur.|
Now what are you going to do?
And now you see the main advantages and disadvantages, what are you going to decide? Can you handle the responsibility to run your own business, or do you want work with your passion for a boss? You must know, not every entrepreneur will be successful, there are many risks attached. Before you spend money or time, you have to take into consideration the potential cost and benefits. Not everything is clear at the beginning and what works for one company does not have to work for you, So never copy paste another business model, not even if they are very successful.
IF you know for sure you want to become the boss of your own hair business, don’t wait any longer and get started with our Business Plan Templates.