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On today’s edition of the Pestgeek podcast, host and integrated pest control expert Franklin ‘The Pestgeek’ Hernandez discusses the importance of diligence even when no one seems to acknowledge your effort. The takeaway is how diligence can play a key role in helping you become the best and how this will open doors and help you achieve your goals. Need some motivation or inspiration? Watch the video!
“When you want to succeed as bad as you want to breathe, then you’ll be successful.”
― Eric Thomas, The Secret to Success
Survey: 63% of 20-Somethings Want to Start a Business
https://www.inc.com/minda-zetlin/63-percent-of-20-somethings-want-to-own-a-business.html
The Best Age to Start a Business — Spoiler: It’s Not Your 20s
https://fitsmallbusiness.com/best-age-to-start-a-business/
I’m Too Old To Start Up
A 60-year-old startup founder was 3 times more likely to launch a successful startup as a 30-year-old startup founder.
https://www.inc.com/jeff-haden/science-reveals-best-age-to-start-a-thriving-business-is-much-older-than-you-might-think.html
The Average Age of a Successful Startup Founder Is 45
https://hbr.org/2018/07/research-the-average-age-of-a-successful-startup-founder-is-45
The research also looked at 2.7 million business start-ups between 2007 and 2014 and found the average age of people who founded a business and went on to hire at least one employee was 42.
https://www.entrepreneur.com/article/318298
The average age of an employed Pest Control Technician is between 39 and 41 years old.
If your job provides a steady paycheck, and you are comfortable.
If you get more work or overtime, you won’t invest in yourself.
The Reluctant Entrepreneur
The Situational Entrepreneur
The Happenstance Entrepreneur
Americans filed paperwork to start 4.3 million businesses last year, according to data from the Census Bureau, a 24 percent increase from the year before and by far the most in the decade and a half that the government has kept track. https://www.nytimes.com/2021/08/19/business/startup-business-creation-pandemic.html
Stats From: https://www.census.gov/econ/bfs/index.html
Are you willing Fail?
Fear of Failure
Fear of Criticism
About 90% of startups fail.
82% of businesses that fail do so because of cash flow.
57.1% of home-based businesses brought in less than $25,000 in revenue.
44% of home-based business owners $5,000 or less to start their businesses.
The average income for a small business owner is around $68,000 a year.
https://www.payscale.com/research/US/Job=Small_Business_Owner/Salary
According to the Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the fourth quarter of 2020 was $984 per week or $51,168 per year.
Pest Control Technicians are paid an average annual salary of $34,801.
20% Fail after first year
34% of startups close within their first two years.
50% of businesses make it to their fifth year.
25% of businesses make it to the 15-year mark.
More than 69% of U.S. entrepreneurs started their business at home.
79.7% of U.S. small businesses employ only the founder.
