I recently spoke to a group of about 20 current and former corporate employees about business ownership. During the discussion I asked “Do you think that you’re paid what you’re worth?” Every person believed they were being underpaid (Have you ever heard anyone who claims to be overpaid?). Being underpaid is a common complaint in the corporate world because the contribution that any one job has on the bottom line is impossible to measure. Your customer is likely to be your boss, not the end customer of the corporation who is usually separated from most employees by many layers. Ultimately, your pay is determined by your rank within a small subset of other employees and what dollar amount management thinks will satisfy you enough not to leave.
If you ever want a true measure of what you are worth, own a business. Why? Because the actions of you and your business will directly impact the customer – the ultimate judge of value. If your business makes a profit of $5 per year or $1 million per year – that is what you are worth.
If you are one of those people who think that they are not paid what they are worth, business ownership may be an option to investigate.
But that’s only if you can accept what your true worth is. Get your free business profile assesment to find out which busienss is right for you.
By Mike Martuza, FranNet of New England
