6 Myths About Starting Your Own Business | Episode 7
She's Equipt with Jennifer Allwood | The Christian Business Coach for Women
Jennifer Allwood: Christian Business Coach
4.9 • 1.9K Ratings
🗓️ 15 March 2017
⏱️ 25 minutes
🧾️ Download transcript
Summary
The truth is 8 out of 10 businesses fail. The biggest reason is because when people go into a business, they have a disillusioned idea of what business ownership looks like. In this episode of The Jennifer Allwood Show, owner of the Magic Brush and leading paint pro and DIY-er Jennifer Allwood tells you the 6 myths about starting your own business to help prevent you from becoming part of the statistic.
Show Notes: https://jenniferallwood.com/episode007
Find me on IG: https://www.instagram.com/jenniferallwood/
Transcript
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| 0:00.0 | Hey, hey, hey, this is Jennifer Allwood, and this is the Jennifer Allwood show where we talk about creating a beautiful home and building a creative business. Hey everyone, it's Jennifer. |
| 0:17.0 | I am so glad that you're here. |
| 0:19.2 | We're going to talk about something kind of near and dear to my heart today and something that's I think a fun |
| 0:24.2 | topic. We're talking about the myths that people think when they start their own |
| 0:30.2 | business like the six main myths people have about owning their own business and what that looks like. |
| 0:37.5 | The truth is 8 out of 10 businesses fail. |
| 0:42.0 | And I think probably the biggest reason is because people go into a business |
| 0:45.8 | whether it's you know having a storefront or maybe running a business online or a |
| 0:50.7 | you know creative business like myself but but they might be having a really |
| 0:56.0 | almost disillusioned thinking of what business ownership looks like. |
| 1:00.4 | And so we're going to talk today about those myths and kind of my experience with each of those and the bottom line is I don't want you to be a statistic. I don't want you to be one of those eight out of ten businesses that fail and so as much as I can do to shine some light on what |
| 1:15.8 | the reality is of business owning and show you some of the behind the scenes. |
| 1:21.2 | It's not always the sexy stuff, but it's definitely the truth. |
| 1:24.0 | And so that is what we're gonna talk about today. |
| 1:27.2 | And hopefully this will just bless you |
| 1:29.5 | and give you some ideas and help you to go into some scenarios with eyes wide open. |
| 1:34.0 | So we are gonna get started with myth number one, |
| 1:38.2 | which is most people think that you need a bunch of money |
| 1:41.9 | to start your own business and that is so not the truth. |
| 1:46.4 | I think it was probably the truth, you know, 20, 30 years ago, maybe even 10 years ago, but gone are the days of having, you know, brick and mortar stores because so many people are doing businesses online. |
| 1:58.0 | And one of the reasons so many people are doing businesses online is because, one, it to it's successful and so if you do it |
| 2:05.4 | right you can you know make a full-time income and six figures off of |
... |
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