Today, I’m flying solo to walk through a question I get all the time:

 

“Should I leave my job and become a business owner?”

 

Or…

 

“Can I keep my W-2 job and run a business on the side?”

 

This episode is an honest gut-check — not just to motivate you, but to help you avoid buying a business that might not fit your lifestyle, income needs, or stress threshold.

 

Key Insights from the Episode

 

✅ Being Self-Directed Is Non-Negotiable

When you’re the owner, the buck stops with you. If you can’t manage yourself or push through without someone else setting your goals, business ownership might not be the right next step.

 

 

✅ Business Owners Work Hard — in a Different Way

You may already work hard in your W-2 job, but as an owner, it’s different. You don’t just put in hours — you pull the right levers at the right time. You’re responsible for direction, results, and outcomes.

 

 

✅ Know What You Need to Earn — Not Just What You Want to Earn

A business has to meet your income needs. Many buyers don’t actually know their minimum income requirements. Without clarity, you risk buying a business that can't sustain your life.

 

 

✅ Financial Ability Goes Beyond the Down Payment

Down payment is just step one. You’ll also need post-closing liquidity, working capital, and a plan for rainy days. Too many people buy businesses they can’t afford to weather for more than a few months.

 

 

✅ You Can’t Delegate Responsibility

You can delegate tasks — but if something breaks, you’re still on the hook. Stress doesn’t disappear in business ownership; it just shows up differently than in a corporate job.

 

 

✅ Family Support Is a Game-Changer

If your family isn’t behind you, business ownership will be a much harder path. You need people in your corner when the unexpected hits — and it will hit.

 

 

✅ Management and Financial Skills Are Essential

You don’t need to be a CPA or MBA, but you do need to understand your financials and manage people effectively. If you’ve never done that before, get help or get educated — before you close.

 

 

Final Thought

 

You don’t need to be perfect. You don’t need to have it all figured out. But you do need to know what you’re stepping into. This episode is meant to help you determine if business ownership aligns with your life, values, and capacity — before you make a move you regret.

 

 

🎓 This Episode is an Excerpt from an Upcoming Course

 

This bonus episode is a sneak peek from a full course launching in the next few weeks! If you want to go deeper — and learn how to buy the right business for you — email us at admin@ampedsuccess.com and we’ll get you on the early interest list.

 

Resources & Links

 

Want to be a guest on the show, or have a deal that you would like for us to evaluate? Apply here

 

Follow Us on Social Media

 

Instagram: @AmpedSuccess

 

LinkedIn: Amped Success

 

Tiktok:  @Ampedsuccess

 

YouTube: @AmpedSuccess

 

📧 Contact Us: For inquiries, reach out at admin@ampedsuccess.com