When our forefathers got tired of paying taxes to a country across the pond, they took a leap of faith and struck out on their own. Today the nation that started with only 13 states and a hope for the future is a world leader and role model for countries across the globe. American innovation propelled the development of small businesses that helped turn our nation into a global powerhouse. Entrepreneurs like Henry Ford, Levi Strauss and Madam C. J. Walker, who created a line of beauty products for black women, set the stage for business ownership.
Today there are 31.7 million small-business owners in the United States, the U.S. Small Business Administration reported. Small businesses accounted for 65.1 percent of net new job creation since 2000. Small businesses are a lifeline for immigrants who come to America searching for a better life. In the most recent data, 17 percent of business owners with employees were owned by immigrants.
Our nation’s journey did not rest on the shoulders of one individual or business — it was a collective effort by people with a shared vision. In a similar vein, striking out on a new career path takes courage, and having a guide can help streamline the journey.
The Entrepreneur’s Source® is the nation’s leading provider of career ownership coaching® services, and we are here to help you achieve your potential. For nearly 40 years, the Entrepreneur’s Source® has helped Americans discover self-sufficiency and financial freedom. Our Career Ownership Coaches™ use a personalized, educational, awareness and discovery approach to help people navigate their future. Our coaches will help you discover your Income, Lifestyle, Wealth and Equity™ goals.
No matter your experience or skill set, there is an opportunity to transition to something better. Business ownership can help you realize the work-life balance you crave and the income you need. They can help you decide if you’d benefit from opening a new business, staying in the corporate world or have a future as a franchise owner.
“The Entrepreneur’s Source® helps people discover the American dream our founders envisioned when they declared our nation’s independence,” said Terry Powell, Visionary Founder of The Entrepreneur’s Source®. “Our Career Ownership Coaches can help you gain independence from the corporate grind and put you in control of your future.”
Gone are the days when hard-working Americans would spend their careers working for one company. Corporate America has broken the social contract with its employees, and job-hopping has become the norm for many Americans. Job security is no longer a guarantee.
The new realities of corporate America are leaving many hard-working Americans feeling battered and bruised. Battered Career Syndrome® happens when your company lacks job security and workers live in fear of being downsized owing to outsourcing or cutbacks.
Earlier this year, approximately 13 percent of full and part time workers feared they could be laid off, according to a Gallup survey. Additionally, 36 percent of American workers were not completely satisfied with their job security at work in 2020 and 65 percent are not completely satisfied with their level of on-the-job stress. Less than half of survey participants were not completely satisfied with their chances of getting a promotion last year either. At least 29 percent of people start a business because they want to be their own boss, and 16 percent want to pursue their passion, according to a survey of 2,400 people by Guidant Financial.
A Career Ownership Coach™ at The Entrepreneur’s Source® can provide people with the stepping-stones to escape the corporate hamster wheel and take charge of their careers.
In 2021, the International Franchise Association projected there would be more than 780,000 franchises in the United States. Franchises are on track to provide jobs for at least 8.3 million people and generate more than $780 billion. Franchising allows you to be in business for yourself but not by yourself.
Franchise owners have the advantage of operating a proven business model with brand recognition. As a result, they often have an easier time securing startup funding. They get training and support from the franchisor and have a network of peers to help guide them on their journey.
While people typically think of the big players like Century 21 or McDonald’s when they consider franchising, there are numerous investment opportunities for people with any budget. Franchising offers brick-and-mortar locations as well as mobile opportunities. Your coach will help you understand the opportunities that exist and discover new possibilities for your future at no cost.