Joel Libava
Before I explain how to get rid of your boss-once and for all, it’s important for you to know that I don’t condone violence. I really don’t want you to “whack your boss.” Unless…
I’m kidding…I’m kidding! Where’s your sense of humor???
But if you do want to get rid of your boss-if you’re serious about doing it, read on. You’re going to like this.
“Let evil wait for the day on which it must fall.”
― Stephen King
There I go again. Sorry. For whatever reason, I can’t seem to help myself lately.
Why Whack Your Boss?
Why do you want to get rid of your boss?
- Is it because you’re sick of seeing her make all the money?
- Is he an abusive SOB? (I’ve had a couple of those)
- A jerk?
- Is he a total nincompoop?
- Do you feel unappreciated?
- Have you been passed over for a promotion or two?
- Are you starting to feel like a cog in a wheel?
Am I missing any?
In other words, do you have a special reason for wanting to make your boss go away?
That’s weird. I could have sworn someone was just sitting there.
How To Whack Your Boss: 4 Choices
Seriously, if you want to get rid of your boss, permanently, you have 4 choices. You can:
1. Find another job
2. Go to your bosses’ boss and suggest a change
3. Offer your services as boss
Or…
Let’s talk about that.
Be Your Own Boss
Admittedly, I’m not privy to your personal situation.
First off, I don’t know what your obligations are.
For instance, you may have two kids who will be entering college in a few years, and you’re knee-deep in the process of saving money (approximately $200,000) for their education.
Second of all, I don’t know what level of risk you’re comfortable with. As you know, it costs money to be your own boss. In most cases, an up-front investment is needed, along with working capital to keep your business up and running.
Finally, I don’t know if you’re ready to pull the trigger on one of the opportunities that may come your way, if you put yourself “out there,” and start looking for a business to own.
Are you?
If your answer is yes, you have a lot of work to do.
But it’s the kind of work that can lead to great rewards.
Like getting rid of your boss.
Once and for all.
And more.
How To Be Your Own Boss #1
The first thing you need to decide is what you want to be the boss of. Specifically, what kind of business you want to own and operate.
Having said that, one way to be your own boss is with a pure startup business.
This is the type of business you invent. It’s perfect for someone who has a terrific idea for a product and/or service.
For example, you’ve invented a product, and you’ve decided to take it to market. Like the late Dr. Raymond Kralovican (who I got to meet) did.
From Funding Universe:
“An innovative researcher named Dr. Ray Kralovic left his employer, the Pittsburgh-based American Sterilizer Co., to develop his own technique for sterilizing surgical instruments used in minimally invasive surgeries such as endoscopy and arthroscopy. Traditionally, surgical equipment had been sterilized in a lengthy process that involved high temperatures and strong disinfectants. However, the delicate heat-sensitive instruments used in minimally invasive procedures could not withstand the intensive sterilization process used on the more durable instruments. Kralovic’s idea was to develop a rapid, low-temperature sterilization system that could be safely used on heat-sensitive equipment.”
These days, Steris products (like their wall-mounted foam hand sanitizers) are in plain view in hospitals, doctor’s offices and clinics throughout the United States.
(Now available on Amazon)
If you have an idea for a product/service, and you’d like to learn how to get it to market, my friends at Bplans.com have a step-by-step guide.
How To Be Your Own Boss #2
The second way to become your own boss is to purchase a business that’s already up and running. Lots of people do it. You just don’t hear about it much.
That’s because small business acquisitions tend to be a bit under the radar. After all, most small businesses for sale aren’t advertised. They’re sold by business brokers.
What is a business broker?
A business broker represents the seller. He or she lists* the business for sale on specific websites, and then shows the business to prospective buyers.
*Generally, a listing doesn’t include specific information. That’s because the business owners who want to sell their businesses don’t want their employees (and others) to find out.
For example, here’s what a business for sale listing looks like:
Prime Location. Easy Biz To Run
Well established bar including the building, with full liquor permits, D6 patio, adjacent parking. Located in Eastern Tennessee, the bar has had an outstanding service history, plus live entertainment, bowling machines and more. Turnkey. Call Josh Baker, Broker, at 1-888-888-7777
I’d be willing to wager that there are at least a dozen small businesses for sale near you. At least!
And existing business have:
- Real estate
- Customers
- Revenue
- Inventory
- Branding (maybe)
It’s For Entrepreneurs
Buying someone else’s business can satisfy your entrepreneurial urge. In a nutshell, you’d be able to put your own stamp on the business.
- Your ideas
- Your processes
- Your prices
Etc.
If you want to make the business decisions…if you want to have total control, buying an existing business is the way to go.
To start the process, all you have to do find a local business broker to work with, get references on her, and then take a look at her listings.
Go to the International Business Brokers Association website to find a business broker in your local area.
How To Be Your Own Boss #3
Finally, the third way to be your own boss is to purchase a franchise business.
To begin with, a franchise, is a business that uses someone else’s business system.
This system includes everything from a proprietary operating manual, to formal training, marketing templates, branding and more.
But before you get too excited, you need to determine if you are the right fit for a franchise type of business.
For example, are you a rule-follower?
Can you-and will you take direction?
Are you willing to pay a percentage of your revenue to franchise headquarters?
Those are just a few of the things that make franchising unique. There’s more.
If you’d like to find out if owning a franchise may make sense for you, I invite you to do what 6,700 others have done.
Take my Free Franchise Quiz, so you can find out if franchise business ownership is something you should look into.
More On Being Your Own Boss With A Franchise
Once you’ve taken my quiz, it’s time to learn about franchising, including the pros and cons of franchise business ownership.
In the case of franchising, knowledge is power. You need to know how the franchise model works, as well as how to best leverage it so you can make good money as an owner.
On one hand, owning a franchise can be something you wish you had decided to do sooner. There are so many good things about franchising!
On the other hand, if you don’t do your homework, mistakes-big, expensive mistakes can be made. Trust me, you don’t want that.
Mistakes like taking advice from the wrong people in franchising, to falling for the “I’ll help you find the right franchise for free” thing.
But don’t worry. There are several ethical people in franchising who can steer you in the right direction.
In conclusion, if you really do want to get rid of your boss, the best way to do so is by becoming the boss yourself.
I doubt you’ll regret it.
