Online printing company Vistaprint released a study this week showing that 62% of Americans want to be their own bosses by establishing their own businesses. A small sliver — 14% — think they can accomplish this in 2018.
OnePoll surveyed 1,000 adults for Vistaprint, plus 500 people who own small businesses.
Here are some of the findings, plus what you can do to improve your relationship with your current manager if you’re not able to jump ship to go out on your own.
Reasons why Americans would rather start their own businesses
While the study found that 62% of small business owners reported that being in charge is better than they thought it’d be, the research also explored why so many Americans want to run their own businesses.
Among business owners, the chance to “be in charge of my own destiny” was the top choice, then “flexible working” took second place, followed by “financial independence” in third. “More satisfaction” and “work life/balance” took fourth and fifth place, respectively.
People in the general public had the same top choice as business owners, but put fiscal freedom in second place and “flexible working” in third. “More satisfaction” was also in fourth, but “more money” came in fifth.
“While the responsibility of running a business can be overwhelming, this sense of ownership is also a key motivator for aspiring and existing entrepreneurs,” Trynka Shineman, Vistaprint CEO, commented. “Small business owners are the masters of their destiny, reaping the benefits of their own efforts while taking full control over the future direction of their business.”
The hardest parts about jumping off the corporate deep end
While one-third of business owners said that starting a business was more difficult than they originally thought it would be, the research also looked into what aspects people have the toughest time managing during this process.
Among people who own their own businesses, the top choice was “finance” at 17%. “Marketing/advertising” was at 13%, then “sales” and “hiring/staff” at 10%.
Here’s how to have a better working relationship with your current boss
If you’re not able to ditch corporate life this year, here’s how to improve your situation.
Get a dialogue going
Research has found that employees’ top source of stress at work is “unclear goals,” so talk to your boss about expectations so you’re not left in the dark — or hit with a massive surprise.
When you don’t know what all of your responsibilities are, or where the position might be heading, your productivity could potentially dip.
So schedule a one-on-one meeting with your supervisor to get a better idea of the total picture and how you’re performing at work.
Be part of the solution
Doing the bare minimum will only get you so far. So don’t just chug along until you’re given an assignment — take the initiative by being proactive and approaching your boss about both your concerns and ideas.
Your boss isn’t a mind-reader, and chances are you have some valuable ideas. So make yourself extra useful at work and speak up.
If you’re on your manager’s bad side, do this
If you don’t quite deliver on a really big project and end up upsetting your boss, make sure that it’s the last time this happens and show that you’re able to handle extra commitments at work.
Show that you can still contribute good ideas, but make sure you’re genuine.