Five ways to become a business owner

                  INTRODUCTION

 You find business appealing. You want to own one. And you fantasize about it; you are always thinking about owning your own business. The prospect that you could derive from owning your own business boosts your desire to want to own one, you just cannot wait to. You may have imagined yourself rendering services to people, addressing your personnel's or receiving a paycheck from your customer. Your eagerness is understandable, those who are tempted by the prospects something offers, usually can't wait to indulge in it. 

But then, you may not know how to go about this. Just how can you come to assume the status of a business owner, you wonder. This is of utmost concern to you, you want to learn it. It is the knowledge you seek, and the information you require, for as one unlearned on how to become a business owner, achieving your dream is impossible. Only if you know how something can be achieved can you succeed at it. If you do not, you cannot.

Business ownership is not something that has not been achieved before. If we say that it is something that is yet to be achieved, we imply that no one has ever owned a business, and that no business has ever existed. 

But that is not true. Business ownership is something that men have achieved before. Replete in the world, are many examples of business owners. Men such as; Bill Gates, Mark Zuckerberg, Donald Trump, Orji Uzor Kalu and others are all considered business owners. They own businesses. Some own one, while others own more than one.

 There has always been businesses, men have been involved in business since time immemorial as history and archaeological evidence shows. The world is filled with many many businesses. And each one is synonymous with the owner.

Businesses are always not entities brought about by nature. By their nature all businesses are man made entities. Their existence were all given birth to by men, as facts shows. No business ever built itself. They are always a series of activities and efforts put in place by man. Business is a seed that would never grow except it is planted. Implying that all businesses have formers.

Perhaps the greatest evidence that businesses have formers is that the formers always identify as the formers and proves their claim. Every business is associated with the forger, who is certified as the forger. They it is that engage in the running of the business, implying that it is their makeup.

Since business is something that men have achieved and we want to achieve it, we can by imitating those who succeeded in forging it. A key that is used to unlock something can always be used to unlock it. By keeping up with the tradition of those who established businesses, we can achieve business formation.

                  ILLUSTRATION 

Throughout history men have always aspired to become soldiers. Those who wants to become soldiers, undergoes many processes which mainly include training, that usually involves series of difficult programs and physical activities. When one undergoes them, he becomes certified as a soldier.

Like soldiers, business aspirants can fulfil their ambition by imitating successful business owners; by making them mentors. Doing whatever they did to own business would land you at the same place they landed. 

So what then are the ways through which men became business owners? There are three conventional and most famous ways through which this goal have often been achieved.

  1.  THROUGH BUSINESS FORMATION 

What you create is yours. To create is to bring something into existence. Usually anyone who creates something is considered the owner of it. 

It is therefore the truism that if you forge a business, you are the owner. To form is to develop; to exert ones efforts towards the building of something. If one succeeded in developing something he is the owner of it. This is particularly true if he does not commercialize it, but privatizes it. Knowing this to be a fact, those desiring to own businesses, establishes them, when they assume this status, they qualify for being considered as business owners, and are usually labelled such.

                      EXAMPLE 

We all know that in most context the Facebook is a business. Although according to the lore, the major drive behind the establishment by Mark

Zuckerberg was not the making of wealth. According to the lore he, wanted to fill a need. But the Facebook brand can be considered a business because it is monetized. The creation of this brand occured many years ago in America. It was done by Mark Zuckerberg. Today, Mark Zuckerberg is recognized as the owner of Facebook. The depth of his recognition is so widespread that even governments acknowledge him as the owner. The reason that they vested ownership of it on Mark Zuckerberg is because he formed it. All the privileges and rights that are due a business owner is given him.

Would Mark Zuckerberg have been able to secure ownership of Facebook if he didn't create it? No one would have recognized him as the owner. His story illustrates that creation of a business is one way to secure ownership of it. Therefore you can employ this method to achieve your dream of owning a business.

Business formation usually has requirements. They vary depending on the location, structure and niche of the business. But they may generally include; planning, raising of capital, building of office, registration etc. Whenever the step that is required to create any business are taken, they usually lead to creation of business. The steps are like effective formulas that always achieves result, that never fails. Learn and engage in the formation process of the business you aspire to start. When you indulge in the processes you would surely create a business. Doing that would, like Mark Zuckerberg secure you ownership of it. 

Usually those who take the steps and forges a business, registers it to their name. Once they register they would be issued a document that certifies them as the owner. The document signifies their ownership of the business and approval and recognition by the government. Nothing is more an evidence of ownership than that. One way through which people have written their names in documents as owners of business is through establishment. It is a right that one who forms a business can obtain. Then, when you secure it, no one would have doubts as to your ownership of business. Like the creator of a creature, you would exercise full sovereignty over it. 

       2.         THROUGH GIFT

Since time immemorial men have kept up with one tradition- the giving of gifts. As actors in the script of generosity men have often transfered the ownership of what they possess to others without demanding money or any value in return. History is replete with examples of charities performed by men,  attesting to men's tendency to give gifts. Notable of this acts is the one that was performed by King Solomon, to the Queen of Sheba. According to tradition he gifted very many valuable things to her when she visited him. There is reason to think that it included precious stones, which some think is worth millions of Dollars. 

Business ownership is not exclusive among the things that men could gift. They have often gifted things more valuable than business. For example, the gifts Solomon gave Queen Sheba obviously has more value than certain small businesses that are not lucrative. Men who have no successor have often gifted all their possessions to others while alive.

If they could give things of such value, they would again. The owner of a business is at liberty to gift its ownership. No law forbids him to. He as the owner of the entity has the right to gift it without accepting any value in return. Think about any popular business man that you know such as Bill Gates and Mark Zuckerberg. Can they not gift you their business? If they wish to, the would. And no one can hold it against them.

The commonest ways people gift business is by establishing one for others. For instance in some countries the citizens receive money from the government to start business. And some have often given others the capital which they used to start business. Since the capital is what is used to engage in the processes that gave birth to the business, it is as if they gifted them the business directly.

 Men are often selective about those whom they gift. They do not gift everyone. Generally such ones as; families, relatives, and friends are more of recipients of gifts than enemies. By putting yourself in position where you stand a chance to receive gifts from someone, you enhance your chance of receiving a gift of ownership of business from him.

      3.THROUGH INHERITANCE 

Life is a journey that has an end. It isn't endless. The owner of a business would continue to possess ownership of the business while alive. But when he passes away, he can no longer be able to exercise sovereignty over the business. This eventuality gave birth to the demand for the provision of a successor on his part. He alone, having sovereignty is in position to define who would succeed his business. Just as a king has the right to define who succeeds his throne. 

By tradition, whoever is made a successor inherits a business. If a man wills anything to someone, he automatically becomes the prospective owner of that entity. And when the owner passes away he would claim ownership. In the document of the will the owner usually indicates who would become his successor. Whenever someone registers a new business, he would indicate in the registration document the person that would succeed him. And that person would assume ownership. A will is like the key that gives someone access to ownership. When you receive this key you use it to actualizes ownership.

Employ this method, by making yourself a successor of a business. Then when you become a successor, you would automatically receive ownership of the business willed to you, when the owner is no more. Traditionally, men favour their relatives and families, on this affair. But there are instances in which non-family members were made successors of businesses of others, showing that you could inherit a business from just anyone. 

        4. THROUGH PURCHASE 

The owner of an entity has the right to trade his ownership. He could choose to sell the ownership to someone else. All those who engaged in transfer of ownership never met opposition, but instead enjoyed liberty. We are all aware of trading. All around us are men who sell one thing or the other. Go to the market you would find men selling one thing or the other.  Since time immemorial men have engaged in trading; the selling of their belongings. This gives room to the possibility of acquiring items from the owners. Any that wants an item that the owner is willing to sell, could buy it from him. Almost all kinds of entities that you know can be sold. Included in the things that can be sold is business ownership. The owner can sell the ownership of business. There are examples of business owners that have sold their business, that attests to the possibility of transferring business ownership. 

When there is provision in place for an item to be traded, the desiring person can utilize it. You can choose to purchase a business ownership from the owner. When you do, you would become the owner. What you buy, automatically becomes yours. Therefore the business ownership would become yours, because payment is used to secure ownership of product, traditionally. Whenever one pays for the demand of a product, and the owner transfers the product to him, it becomes his own. So there would be nothing that can stop you from owning a business you pay for.

                        EXAMPLE 

Carnagie is a notable figure in business, just as Alexander the great is in the field of power. According to the lore on his birth; it occured on the year 1835. His father was not without a trade. He was a handloom weaver. His mother was a seamstress. In 1948 the family immigrated to America. In America he secured employment at a cotton factory, and received $1. 20 a week as wage. He continued to secure and hold series of jobs. Luckily he succeeded his boss as a railroad division superintendent and secures enough which he channeled into investments that became a cash-Cow to him. Having secured enough he founded a company that specialized in building iron iron bridges. He named it the Keystone Bridge Company. He continued to expand his business into transportation and consolidated his primary holdings. 

He continued to maintain the ownership of the business that he founded. But something happened in 1901, that affected the ownership of his business. He sold the business to John Pierpont Morgan. Once the payment was made, John received the ownership of the business from him, and became the owner. 

The transfer of ownership of that business is supported by history and it didn't meet any opposition; he had right to sell his business. It is a powerful evidence that men can trade the ownership of their business. It supports that you can secure ownership of a business by purchasing it. 

Some business in an attempt to expand their business secured ownership of others, and merged it into their business. 

Many years ago, the Diamond Bank of Nigeria, stood as an independent commercial bank. But then, the Access Bank, secured its ownership and consolidated it into their business. Examples and examples abound, that helps to establish this claim. 

Know that any method that has worked for others, without objection can work for you. You have no need to worry or dispute that you cannot secure ownership through purchase, since notable people in history successfully did so without any opposition.

       5. THROUGH SHAREHOLDING

Think about this. A man has four children to his credit. Can he be able to secure more? The biological and most conventional ways to achieve this is through childbirth. When a man through intercourse produces a child. He becomes a member of his family. But there is also another means through which a man can add to the number of his children. It is through adoption. When a man adopts a child, he becomes a member of his children. Automatically he becomes entitled to the rights of a child. He can bear the mans name. He can inherit his business and enjoy other rights.

Business men are like family men. They could use share-selling to admit a non-member into owner of a business. 

Shareholders are considers co-owners. Those who assume this stage assume ownership. It requires buying the stock of the company with the help of a brokerage firm. When one does, he becomes an owner. He becomes entitled to decision making, direction and appointment of staffs.