TRADIES IN BUSINESS, IS MAKING MONEY YOUR DRIVING FORCE?
TRADIES IN BUSINESS
IS MAKING MONEY YOUR DRIVING FORCE? Why did you start your trade business in the first place? Were you most motivated by money — or was something else the driving force? Do you think of yourself as a tradie who owns a business or do you consider yourself to be an entrepreneur? What makes a business owner separate from an entrepreneur? Well, entrepreneurs want to make more money, are willing to take more risks, look for ways to be inventive, and explore more opportunities. It’s a mindset. On the other hand, business owners often say they’re in it because “I didn’t want to work for someone else” or “It seemed like a natural progression”.
If you’re an entrepreneur, you’ll have made some specific structural decisions with your longer-term view of the business. For example, you want a business that’ll run without you one day. You’re looking to lock-in an exit strategy from early on. For business owners, you’ve created a job and you’re caught working in the business.
ARE YOU PROVIDING A SOLUTION OR IS YOUR BUSINESS YOUR JOB?
In this article, we’ll explore the differences between business ownership and entrepreneurship to work out what’s really driving you.
Which one are you? Do you tend to be reactive and feel like you’re always putting out fires, just want employees to do their jobs, customers to pay on time and software to function as it was designed? Or, do you envisage developing a customer experience that solves their pain points because you’re always looking for a better way to do things? 12
L I F E S T Y L E T R A D I E .C O M . A U
