Would you ever own your own business?

Contributor: Zandrock Zandrock
Do you have any desire to own your own business. It seems like it would be rewarding, but also a huge time commitment. What are your thoughts?
10/08/2012
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Contributor: Gunsmoke Gunsmoke
I have - but I think your analysis is correct. In fact during a prior recession I started a small consulting business that lasted about 7 years.

Getting paid (on time) can be a special challenge.
10/08/2012
Contributor: js250 js250
I own three. One brick and mortar business and two internet businesses. The shop is a challenge--a hell of a lot of responsibility. The overhead adn paperwork among additional taxes, fee, etc. make it very frustrating and it is a HUGE commitment--you are married to the business. I have owned and worked in my shop for 11 years.

The internet ones are different. Selling the restored bikes is random and fun. Selling parts can be pretty time consuming but the income is reasonably stable.
10/08/2012