Why You Should and how to Become an Independent Business Owner
Starting a small business is something that many people aspire to do in their lifetime. On a whole, it is a rewarding experience that sees much success and not to mention very lucrative. According to ZipRecruiter, being a small business owner has a higher than national salary in some states. This means that you can earn more money if you decide to start your own business. There is a lot of room for growth as a small business owner as earnings potentials can be limitless as you grow and scale. Here’s everything you need to know on how to become an independent business owner.
Snapshot of a Business Owner
As an independent business owner, you will have the final say and take the executive director as to where your business will ultimately go. Since you will be chiefly working for yourself, many people report working long hours, with the average for small business owners being 50 hours per week. Yes, it is a challenging endeavor to take on. However, that does not mean that it is all work and no play.
The Freedom of Flexibility
According to a statistic shared by Fundera, “92% of respondents said they don’t regret starting their business.” Also, it is reported by many workers that having a job with flexible hours promotes not only overall happiness but as well as work production. Being a business entrepreneur will be challenging, but with hard work, you will grow as well as your business and with convincing statistics, it will be something you won’t regret.
You Can Even Start Right Now
We don’t need to tell you that making a business is hard, and it doesn’t need to be a painful passion project. You can start with a reputable, established company, with a mission that promotes wellness to be your best self, have all the training you would ever need, a superior support system with leaders that want you to succeed, and the opportunity to achieve financial freedom with generous income potential. This can be achieved by being an independent business owner for Nuvi Global.
How to become a Nuvi Global Business Owner
Being a Nuvi Global business owner is one of the most rewarding and easiest startup businesses one can enter. Nuvi Global business owners are their own bosses, have the flexibility to adjust their schedule to the needs of their clientele, enjoy great earnings and income potential from plenty of incentives, and most of all have a purposeful mission to transform lives through health and wellness products by combining three powerful elements: people, product, and opportunity.
Become an Independent Business Owner in Just Four Steps
1. Sign up
Having a trusted and working business has never been easier. Simply visit an existing Nuvi Global Distributor and inquire about being an IBO or independent business owner. Once accepted, all you need to do is enter the enroller ID of the representative to the Nuvi Global site.
2. Get Your Business Kit
You will be delivered a business kit that has everything you will need to succeed. Along with the physical kit, inside will give you access to your own virtual office space and your very own Nuvi Global website. Everything from being organized to making online orders.
3. Get training
Alongside your virtual office space are helpful instructional video tutorials by experienced professionals with insider knowledge to help be successful whether that means selling 10 products or 100.
4. Start Selling
Now that you have everything you need and all that you need to know, the only thing to do now is to start selling! As a fully-fledged business entrepreneur, you will be ready for all the challenges being a business owner brings but with the help and guidance of Nuvi Global.
A quick snapshot of all the benefits for a Nuvi Global Business Owner include:
- Nuvi Global business owners are their own boss
- They manage their own time
- Limitless flexibility
- Excellent earnings
- A purposeful mission
- Compensation and Incentive
- Can become leaders in the industry
- Community of influential leaders
- Community impact within and without.
Why Nuvi Global?
There are many industries an independent business owner can consider entering, but health is a chief concern for everyone at any stage of their life. Nuvi Global business owners are leaders in the industry of proper health and nutrition, from important skincare to tasty coffee for over 8 years. With superior support tools, they do their part to both educate and inform their own social circles, both big and small, to make a positive community impact throughout.
The Freedom to Be You
Being an independent business owner does not mean that one needs to quit their job or disrupt their whole dreams that one wants to see accomplished. It can be something that can be explored just as judging whichever business to get into. It can be something that can be tried by their hand, set as a side hustle during the weekends only, or scaled with the possibility of going full-time in the future.
More Than Just an Independent Contractor
What Nuvi Global offers is a business that gives everything that an independent business owner would need in terms of an established brand with all the freedom, flexibility, and liberties that being a small business owner brings to begin with. And of course, the income potential that being a small business owner brings to the health and wellness industry.
Why the Health and Wellness Industry?
Things are looking up with the health and wellness industry. The health and wellness market is projected to reach 7.6 billion dollars by 2030. With Nuvi Global rewarding independent business owners for long-term growth, this seems to be a powerful combination for the future.
With the reputation of a trusted company, its powerful structure, and the proven growth for the future, the only thing that would stop you now from success would be you afraid to jump in. But we believe in you, help to inform you, and hope to inspire you to take the leap to become an independent business owner.
Where do you start?
To sell either products or services is something that business owners must think about.
What type of experience do they have? In what field? How many years? Is there formal education of any kind? Are there any references or testimonials or credibility? The list goes on and on because the amount of things consumers think about when they are considering buying or consulting someone is just as extensive if not more so. But the sales field levels the playing field as that is when talent and training really do shine since everyone and anyone can do it.
Starting a Business
Before you start any type of business there are a number of things to consider; after all, the goal is to ultimately form a business that thrives. Many small businesses started with humble beginnings, Nike started out in the back of a van, and Amazon started off just selling books. Now, these brands are titans in their respective industries but to start off they had business plans but more importantly, knew what to sell.
Knowing What to Sell
Every aspiring entrepreneur must first identify what they want to sell and that can come from extensive research or naturally as something they already know or are interested in.
It can be as simple as visiting local garages or store liquidators and then reselling the items through major e-commerce such as eBay or Amazon. Other places are much more niche such as Etsy which sells more one-of-a-kind or handmade items.
Why Wait?
But figuring out what to sell costs time and more importantly money. Nuvi Global offers a simple and easy way for distributors to access products quickly where and when they need them the most. As well as carefully detailed product information, so you can be an expert yourself.
Small Business Supply Chain problems
Also with any business comes the problem of supply and demand. In these short years, there was a worldwide shortage of every commodity.
The NFIB or America’s small and independent business owners conducted many surveys, and an article of theirs reports the following: “Thirty-one percent of owners recently reported that supply chain disruptions have had a significant impact on their business. Another 31% report a moderate impact and 27% report a mild impact. Only 10% of owners report no impact from recent supply chain disruptions.”
Logistics is something many don’t consider when first defining the concept of their small business. But with Nuvi Global, it is something you don’t need to worry about.
Putting Yourself on the Map
As many people do like the idea or the challenge to build things from the ground up, many do not wish to or are intimidated from striking out on their own. In fact, for many independent business owners, having people know your business exists was the hardest thing.
However, one doesn’t need to think about the stressful and expensive tasks of doing marketing for the business while exploring small business owner ventures. You can have the backing of Nuvi Global, and it’s carefully laid out business organization and all the necessary supplies that will be needed while still having the flexibility that being a personal business owner brings.
Something Anyone Can Do
Not everyone has the privilege of an education in any part of the world nor do they have the same opportunities that someone more well-off than them had the fortune of having. For many people selling services is just not feasibly possible without considerable time, money, effort, and reputation.
Birth of a Salesman
What is readily available to someone is selling products. From all societies and communities on this Earth, there are shops and products selling in all corners of the world. From the bustling cities of Europe to the tropical places in the Caribbean.
Associate, partner, marketer, independent contractor, their names vary depending on the industry, but they all fall under being sales representatives. Sales representatives report a median salary of just over $62,000 and new Sales representative positions are estimated to grow close to 60,000 between the years 2020 and 2030.
Although no formal education is needed to begin a career as a sales representative, that does not mean you won’t know what they are doing. As stated, Nuvi Global offers a rigorous training course for independent business owners. Giving them all the necessary tools, lessons, plans, strategies, insider knowledge and so much more.
The Spirit of the Entrepreneur
Being a sales representative or selling products, in general, is often regarded as one of the industries that have a high ceiling and low floor. Meaning what is viewed as success or failure can wildly vary per individual.
In many regards, that is the whole definition of being a small independent business owner, to begin with, no matter the area. Ultimately, the only thing standing between success is the amount of work an entrepreneur is willing to put in.
The type of business that someone contemplates beginning can vary; however, everyone can enter, have a career change, re-enter the job market, or can see themselves being a sales representative. After all, don’t you already sell yourself when it comes to the job market?
The Question that Always Comes up When You Build a Business
There is a question that always comes up whenever a business scales or when it ever does scale, and we hope to answer that question as it is very important for every personal business owner.
An Independent Business Owner or LLC?
One of the first things small business owners think of is whether they want to have either a sole proprietorship or an LLC. An independent business owner needs the least amount of paperwork to get it started.
As an article from Forbes writes: “A sole proprietorship is an unincorporated business that’s owned by the individual running it. A sole proprietorship is the default choice for anyone who runs a business but hasn’t set up another formal business structure like a Limited Liability Company (or LLC).”
For many states, the person simply doing business means that they are now a full-fledged independent business owner.
Don’t Take the Risk
Being an Independent business owner is the first step for your business; however, it does not lock you out from forming a full-fledged LLC in the future. Statistically, 20% of businesses fail within their first year of operations. Though uncertainty is something that every aspiring entrepreneur must face, they also learn that they should not take unnecessary risks.
You Don’t Have to Choose
Being an independent business owner with Nuvi Global lets you have the liberty to go at your own pace. Whether starting off conservative or ambitious, Nuvi Global gives the ultimate decision to you, because with Nuvi Global, you have the final say.
Now Becoming an Independent Business Owner
Being your own boss is something that has crossed everyone’s mind. To be your own boss, have a business that is successful, be a part of a meaningful mission, and overall have the flexibility of hours to be happy while working.
This is not impossible nor does it need to take years to be built upon from the ground up. Being a Nuvi Global business partner would bring all of these benefits and the support system from a community of leaders to keep the success going.