This episode is about getting the listener to understand the reasons why they should start a business, or side hustle as soon as possible.

The podcast covers:

  • Statistics behind the millennial generation what trends pop up when it comes to entrepreneurship
  • In the UK the services business are the biggest, where professional and scientific services dominant. Of all businesses, the microbusinesses (0 – 9 staff) dominant 96% of the market of businesses, yet contribute only 20% of employment.
  • Oxfam showed reports that 62 in 2016 own more money than 50% of the world’s poorest population
  • Moore’s Law states that a computer’s power doubles every 18 – 24 months; bearing this in mind we need to cognizant of how machines are taking over our jobs slowly
  • Men are 3 times more likely to commit suicide than women in the UK reported by the Office of National statistics. 6,122 suicides were reported, that is 16 people a day (if you or anyone you know has suicidal thoughts, please click this link https://www.nhs.uk/conditions/suicide/
  • The average UK household income is £26,000, and average house prices in the UK it is set at £216,750 (times that by 3 and you have London figures) – affordability is not easy

People want to start a business for the following reason:

  • The opportunity for financial freedom
  • Solving a problem for an audience
  • Having greater autonomy
  • The chance to be challenged
  • Leaving a legacy

Hopefully, the information in this podcast should be enough to persuade you to start a business.

Hey there! I’m Michael Tabirade and I help Personal Brands discover, develop and deliver their expert-based business using digital marketing.

I know it’s not easy trying to start your own business and still live the life you want to live. It takes extreme sacrifice, effort and energy to do it well, whilst competing with everyone else in your industry. It can be frustrating, and even though you don’t want to lose hope, secretly behind everyone who believes in you, you do… I know exactly how this feels…

Sometimes all you need is patience, and other times it’s a lack of knowledge and direction. So after many of my friends and family were asking for Business & Leadership help, I put together a programme to do just that…

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