Because of the unfortunate present financial climate lots of persons have been laid off work due to no fault of their own...just a set of cruel conditions...they are at the present scratching their heads thinking where now? In the back of their brain they have been mulling over - "should I launch my own flying school business?" Except where do you go for information like that?
Being the boss means making testing decisions every calendar day, nevertheless they are your decisions and, unlike when you work for others, you truly get to make them! Sometimes, and especially in the flying school area these decisions have to be made lacking all the information you need and you will gain understanding rapidly.
Be alert when running your own business - for sure you aspire to make wealth, but not at all costs. What are the costs of business compared with just being a worker? You have more responsibility to yourself, your relatives and employees if you have any - they are all dependent on you for their financial security. Gulp! Operating your own business frequently means working longer hours and you may not make any wealth from working those longer hours where previously you may have got paid per hour/day. A guaranteed wage!
However the large bank balance helps!
For your own self respect; imagine the feeling you have compared to being in an everyday occupation or no occupation at all. It's a lot easy going to get out of the sack at daybreak knowing you are constructing a business for yourself and your relatives; your not doing it for your boss - who you might not even like.
We live on a big planet; their are thousands of flying school businesses - but they are not all identical; as a new entrepreneur it is your duty to run your business the finest way you see fit with your experiences you have derived in life so far.
Major flying school businesses are designed that way by people just like you. Entrepreneurs turn out well because they plan to be profitable, they take the means to bring about how they want their business to be; they design it that way and take enormous pleasure as their dealings and their life begins to harmonize their dreams.