What Would it Cost to Make You Quit Your Business?
Summary: As an entrepreneur, if someone approached you today and offered you full-time employment with their company with higher pay than you earn through your small business, would you close your business and take the job?
I stumbled across a Wall Street Journal article today that I want to share with you: Owners Wouldn’t Quit for More Money
Ironically, I was just having a conversation with a friend about this very subject a few days back.
According to the article, 55% of surveyed entrepreneurs wouldn’t give up their business if they were offered full-time employment elsewhere paying more money. Only 30% said they definitely would quit their business for the stable and increased income.
What about you? How much would someone have to offer you for you to willingly close your small, online, or home-based business?
I personally can’t imagine anyone being able to offer me enough to give up the freedom. There just isn’t a price tag on this head. What about yours? Is it worth it to pursue your own business even if you’re offered more money elsewhere, or does it all come down to the bottom line?
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