How to Succeed at Being Your Own Boss
5 Tips for Being a Good Small Business Owner and Your Own Boss
If you decided to make the switch from being a captive insurance agent to working for yourself, you are now the proud owner of an independent insurance agency. Many things change at this point. A lot goes into that new job description and hard work in certainly a big part of that.
As an independent insurance agency owner, you’ll probably wear many hats, depending on how you decide to manage it, from hiring staff members to overseeing marketing efforts. In order for things to run smoothly, you’ll definitely need some structure or basic guidelines. Here are 5 tips for you to succeed at being your own boss —whether you’re in insurance or any other industry.
Do What You Love
You know how the saying goes: “Do what you love and you’ll never work a day in your life”. It’s a fact. If you decide to start something of your own, make sure it’s something you enjoy, something you love, otherwise, it won’t be sustainable in the long term. If you’re passionate about it, committing to it will be easy.
Be a Visionary
A business is not a one-time investment. Of course, it all starts with start-up capital, but once things are up and running, it is wise and worth it to put some money back into it if your goal is to grow. Investing in training and coaching for your staff and for yourself, marketing and branding, freshening up your website, will give you great results when thought through and planned properly. A visionary wisely plans for the future.
Establish a Schedule and Stick to It
Sometimes, having your own schedule means working around the clock, and other times it means making time for everything but your business. Balance is key. You don’t want to turn into your own slave, but you should have enough time to get things done and get things moving. Working regular hours is what works best for your customers, and ultimately, what will work best for your business.
Respect Your Time Off
Don’t overwork yourself. If you burn yourself out, you won’t be productive. You wouldn’t overwork your staff, so don’t do that to yourself. Don’t neglect taking time off, and when you do, respect it. If you have capable staff, identify someone you can trust that can serve as your backup when you’re out.
Recognize Your Value
When you see yourself as a valuable resource to your own business, you will value your time and your efforts to keep things going in the right direction. This is essential to your entrepreneurial journey. Value yourself.
Tired of the captive insurance world, or being an independent on your own with no support? Make the switch and become part of one of the fastest growing independent insurance brokers in Colorado, Utah, Arizona, Idaho, Washington, Wyoming, and areas of Texas where you can develop your entrepreneurial potential. Join AAI today and open your own independent insurance agency.