TRANSKRIPT 🔗
WEBVTT
1
00:00:00.720 --> 00:00:03.560
So you want to be your own boss? This is
2
00:00:03.600 --> 00:00:07.360
West Michigan's Morning News, Steve Kelly and Brett Bikita. As
3
00:00:07.400 --> 00:00:11.160
we mentioned, more than six in ten US adults say
4
00:00:11.160 --> 00:00:14.279
they'd prefer to be their own boss. But how good
5
00:00:14.320 --> 00:00:17.160
a boss would you be to yourself? Sarah Schroder is
6
00:00:17.199 --> 00:00:20.280
a business and life coach on the liveline with us today.
7
00:00:20.280 --> 00:00:23.399
Thanks for spending time with us on West Michigan's Morning News.
8
00:00:23.960 --> 00:00:25.399
Absolutely thanks for having me.
9
00:00:25.920 --> 00:00:29.679
Who's right to maybe step into leadership? Maybe that's the
10
00:00:29.679 --> 00:00:32.880
big question, right, because just because you sit in your
11
00:00:32.920 --> 00:00:35.719
office and you don't like being told what to do,
12
00:00:35.719 --> 00:00:38.640
doesn't mean that this is a smart business decision.
13
00:00:41.000 --> 00:00:44.159
Well, I mean it's a yes and no. You really
14
00:00:44.159 --> 00:00:46.039
have to sit and think about it because on the
15
00:00:46.039 --> 00:00:49.039
one hand, yeah, it sounds great being your own boss,
16
00:00:49.439 --> 00:00:52.520
but that actually means what you think it means, meaning
17
00:00:52.560 --> 00:00:55.640
when you wake up, you have to decide what you're
18
00:00:55.719 --> 00:00:59.320
doing and is it like actual purposeful action or is
19
00:00:59.359 --> 00:01:03.000
it just busy work and distraction. You have to decide,
20
00:01:03.079 --> 00:01:05.879
like am I making sales today? Am I being responsible?
21
00:01:06.000 --> 00:01:09.359
Like I am in charge of the income I'm bringing in?
22
00:01:09.680 --> 00:01:12.840
So man, I got to get lagged down and into
23
00:01:12.920 --> 00:01:17.079
building relationships and creating that that pipelines.
24
00:01:16.560 --> 00:01:20.840
Right, Sarah, what about from a parent approach or grandparents
25
00:01:20.879 --> 00:01:23.519
that are listening and they have you know, grandkids or
26
00:01:23.640 --> 00:01:26.640
kids that fall into this category. It's tough because you
27
00:01:26.680 --> 00:01:30.319
don't want to squash their exuberance to you know, maybe
28
00:01:30.319 --> 00:01:32.680
own their own business or come up with a creative
29
00:01:32.719 --> 00:01:34.879
idea because they're seeing that all the lot all the
30
00:01:34.920 --> 00:01:38.319
time online with TikTok or whatever and these success stories
31
00:01:38.480 --> 00:01:41.519
for people that are their age. But at the same time,
32
00:01:41.879 --> 00:01:44.480
there's finances to think about. There's a lot of things.
33
00:01:44.480 --> 00:01:46.200
It's not just oh I woke up one day and
34
00:01:46.200 --> 00:01:48.840
I want to be a boss, right right right?
35
00:01:49.359 --> 00:01:52.000
Yeah, Well, and you know the thing is if you
36
00:01:52.079 --> 00:01:55.799
want to do it, absolutely do it. But that's a
37
00:01:55.840 --> 00:01:59.599
great point. You want to understand the why behind why
38
00:01:59.599 --> 00:02:02.239
you're doing it. So I just had one of this
39
00:02:03.359 --> 00:02:06.040
girl that I mentor. She went to her parents with
40
00:02:06.159 --> 00:02:09.400
a business plan, like she went on whatever and like
41
00:02:09.479 --> 00:02:11.879
figured out how to do a business plan to make
42
00:02:11.919 --> 00:02:14.000
t shirts, right, And she was trying to sell her
43
00:02:14.039 --> 00:02:17.599
parents on the idea to invest, but she like put
44
00:02:17.800 --> 00:02:20.680
in the work behind it to show them, like, hey,
45
00:02:20.879 --> 00:02:24.319
I mean like, this is important to me. So if
46
00:02:24.360 --> 00:02:27.599
you have a conversation with a grandparent or a parent
47
00:02:27.639 --> 00:02:31.159
and really tell them the why behind it, that could
48
00:02:31.159 --> 00:02:33.439
get them more on board. And it's not just oh,
49
00:02:33.479 --> 00:02:35.120
because I want to make more money or I want
50
00:02:35.120 --> 00:02:36.560
to be my own boss. I don't want to be
51
00:02:36.599 --> 00:02:38.319
told what to do. So if you have kind of
52
00:02:38.319 --> 00:02:42.120
that game plan, that can help the parents or grandparents
53
00:02:42.400 --> 00:02:44.599
understand a little bit more where you're coming from.
54
00:02:44.639 --> 00:02:47.319
And to your point, there's help for that game plan right.
55
00:02:47.400 --> 00:02:51.479
There are MBAs, there are local organizations that are nonprofit
56
00:02:51.520 --> 00:02:53.479
that will help you. How many restaurants do we know
57
00:02:53.520 --> 00:02:55.680
that have failed because there's a brilliant chef who makes
58
00:02:55.680 --> 00:02:59.400
great food but can't balance the checkbook. Right, you've got
59
00:02:59.400 --> 00:03:01.240
to know who or market?
60
00:03:02.400 --> 00:03:04.719
Yep, exactly. And the same thing. I'm a big perton.
61
00:03:04.719 --> 00:03:07.960
I'm a workout enthusiast and I used to do acrossfit
62
00:03:08.000 --> 00:03:10.639
and so many people, you know, they love it CrossFit
63
00:03:10.719 --> 00:03:12.719
and then they open their own brick and mortar and
64
00:03:12.759 --> 00:03:15.759
it's like, oh, this is a business. I don't get
65
00:03:15.800 --> 00:03:17.360
just to work out all day and have fun.
66
00:03:19.120 --> 00:03:21.960
Well, and I guess, Sarah, the last thing is what
67
00:03:21.960 --> 00:03:25.199
would be your advice too, because college is usually a
68
00:03:25.199 --> 00:03:28.240
piece of this, although that world is changing too with
69
00:03:28.360 --> 00:03:31.960
skilled labor and different trades and options of where you
70
00:03:32.000 --> 00:03:33.759
can go to get the education you need.
71
00:03:35.000 --> 00:03:37.840
Yeah, absolutely, and I think just be smart about it.
72
00:03:37.960 --> 00:03:41.680
Absolutely look into it. But talk to people who own
73
00:03:41.719 --> 00:03:44.400
their own business. See you know what their day to
74
00:03:44.479 --> 00:03:47.000
day is like. If you're in college, or even if
75
00:03:47.000 --> 00:03:49.840
you're out, talk to somebody who's been in business for
76
00:03:50.000 --> 00:03:52.800
a year, who's been in business for five years, for
77
00:03:52.919 --> 00:03:55.280
ten years, get kind of the gauge of what's going on.
78
00:03:55.840 --> 00:04:00.639
And then yeah, use the internet right go to I mean,
79
00:04:00.680 --> 00:04:03.639
shoot on TikTok and on Instagram especially. You can find
80
00:04:03.680 --> 00:04:06.680
a lot of things that are you know, like behind
81
00:04:06.680 --> 00:04:08.360
the scenes kind of stuff. But you have to be
82
00:04:08.479 --> 00:04:10.560
smart about it. I give that a little caveat. Be
83
00:04:10.719 --> 00:04:14.360
smart about what you're reading and make decisions for yourself.
84
00:04:14.439 --> 00:04:16.319
Not because oh I'm going to make all this money
85
00:04:16.399 --> 00:04:19.600
right away, because that's not going to happen. But just
86
00:04:19.720 --> 00:04:22.120
do your research of people that you know who are
87
00:04:22.279 --> 00:04:24.720
in business, and that can help you a lot to
88
00:04:24.759 --> 00:04:26.319
make the decision about what you want to do.
89
00:04:26.560 --> 00:04:29.879
Business and life Coach Sarah Schroeder, thank you for your
90
00:04:29.920 --> 00:04:30.480
time today.
91
00:04:30.720 --> 00:04:32.040
You are so welcome. Thank you,