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  • Writer's pictureMartin Piskoric

Is Now the Time to Start Your Own Business?

Updated: Aug 23

Guest: Ann Brown


Anne Brown, CEO of Gazelle Global, smiling confidently in a professional setting, reflecting her insights and experience shared in the interview.

In the 20th 1st Century podcast, Anne Brown, CEO of Gazelle Global, poses a critical question that resonates with many aspiring entrepreneurs: "Is it time for you to start your own business?" With over 30 years of experience in building successful companies, Anne offers invaluable insights and encouragement for those contemplating the leap into entrepreneurship.








The Entrepreneurial Journey of Anne Brown


Anne Brown's journey into entrepreneurship began in 1993 when she left her full-time job to co-found Gazelle Global, a market research data collection hub. The company rapidly expanded to provide services in over 120 languages, becoming a global player in the industry. Anne's experience extends beyond Gazelle Global; in 2006, she co-founded a translation business, which was later sold to a major company. Her extensive background provides a wealth of knowledge on starting, growing, and selling businesses.


Why Now Might Be the Right Time


Anne highlights the changing landscape of employment and the increasing instability in traditional jobs. "People aren't staying in companies forever anymore," she notes, pointing out the frequent job changes and layoffs in recent years. The COVID-19 pandemic has exacerbated these trends, prompting many to reconsider their career paths and explore entrepreneurship.

Anne believes that starting your own business offers more control over your destiny.

"Once you are in control of your own destiny, I think life becomes easier because you make the success of your life or you don't, but it's all on you," she explains.

This sense of ownership and the ability to pivot and adapt can be highly appealing in uncertain times.


The Rewards of Entrepreneurship


The satisfaction of building something from scratch and leading a team is a recurring theme in Anne's message. "You'll be building basically a work family for yourself and for others," she says. Entrepreneurship allows individuals to apply their ethics, standards, and values in their daily work, contributing to a deeper sense of job satisfaction.

Anne emphasizes the importance of leadership skills, empathy, and courage in running a successful business. These qualities, she asserts, become integral parts of your daily routine, enriching both your professional and personal life.


Practical Advice for Aspiring Entrepreneurs


For those ready to embark on their entrepreneurial journey, Anne offers practical advice. Joining industry associations can provide vital support and networking opportunities. "In my case, I belong to Somar, the Insights Association, and I've been a long-term member of Women in Research," she shares. These organizations offer resources, mentorship, and a platform to discuss industry challenges.

Anne also stresses the value of giving back to the community. As a board member of the Market Research Education Foundation (MREF), she supports initiatives that help children in need globally. This sense of social responsibility can be a fulfilling aspect of entrepreneurship.


Overcoming Challenges


Starting a business is not without its challenges, and Anne acknowledges the difficulties entrepreneurs may face. From financial hurdles to the stress of building a team, the journey requires resilience and adaptability. However, she believes that the rewards far outweigh the challenges, particularly the ability to shape your future and create a positive impact.


Key Takeaways


  1. Evaluate Your Timing: Consider if now is the right time for you to start your own business, especially in light of current job market instability.

  2. Embrace Control: Entrepreneurship offers the opportunity to control your destiny and build something meaningful.

  3. Leverage Support Networks: Join industry associations for support, resources, and networking.

  4. Develop Key Qualities: Leadership, empathy, and courage are crucial for successful entrepreneurship.

  5. Give Back: Incorporate social responsibility into your business model for added fulfillment.


Conclusion


Anne Brown's insights highlight the potential benefits and rewards of starting your own business. For those with an entrepreneurial spirit, now may indeed be the time to take that leap. By embracing the challenges and leveraging available support, aspiring entrepreneurs can carve out their own paths and create lasting impact.


Is it your time to start your own business? Explore the possibilities and take control of your destiny. Connect with industry associations and consider how you can give back to your community as you build your venture.




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