Ep. 206 - How To Get Into Business Ownership [Business 300]
FLF, LLC
FLF, LLC
4.6 • 949 Ratings
🗓️ 23 July 2025
⏱️ 4 minutes
🧾️ Download transcript
Summary
What if you're a competent, hungry, and disciplined individual, who would love to be a business owner, but can't seem to get traction in starting or owning a business? Starting a business isn't for you, and buying one isn't either. How can you enter into business ownership?
Transcript
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| 0:00.0 | Hello and welcome to Business 300. |
| 0:10.0 | My name is Philip Kulenshov and this is 300 seconds about business. |
| 0:13.0 | We're all a busy people, so I have five minutes or less to get my point across. |
| 0:24.2 | This will be over before you know it. |
| 0:30.9 | A couple episodes ago, I talked about the importance of building systems and processes if you want to scale your business. |
| 0:34.8 | The business won't grow past a certain level without adequate systems. |
| 0:38.3 | But I know that many entrepreneurs and business owners are not wired for system thinking. They have great ideas and can inspire others. They are risk on and have grand ambitions. |
| 0:44.3 | That sort of drive is crucial and indispensable for business growth. The car needs gas in the tank. |
| 0:50.3 | And yet, it also isn't enough. Systems are in fact necessary. So, if you're a business |
| 0:56.4 | owner who is risk on and driven to grow but can't seem to build the proper systems, one option for you |
| 1:01.9 | is to hire or partner with a person who can help you. But what if you're the person on the other |
| 1:06.9 | side of that equation? What if you're a competent, hungry, and disciplined individual who |
| 1:11.7 | would love to be a business owner but can't seem to get traction in starting or owning a business? |
| 1:16.7 | Starting a business isn't for you and buying one isn't either. How can you enter into business |
| 1:21.8 | ownership? Here's an option. Find a smaller business in chaos with an owner who is risk on and offer your help. |
| 1:29.3 | Maybe you don't have the needed levels of drive and ambition to start and lead a business. |
| 1:33.3 | Maybe you aren't any good with sales and marketing, but thrive in operations and administration. |
| 1:38.3 | Maybe what you do have is structure, discipline, attention to detail, and an ability to make things happen. |
| 1:45.5 | Those sorts of people rise the ranks of the corporate world and become executives in large |
| 1:49.9 | firms. |
| 1:50.7 | They make good money and have a well-deserved sense of accomplishment. |
| 1:53.8 | That's a great option. |
... |
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