In this episode of 'Promoted,' aerospace engineer and pilot Renee Wootton and business owner Michael Furey dive into the realities of running your own business. They discuss the allure of freedom, the challenges of self-employment, and the key skills required for entrepreneurial success. Learn about managing risk, building a business model, and the importance of strategic planning. Whether you're considering starting a side hustle or aiming to build a full-blown enterprise, this episode is packed with valuable insights to help you navigate your entrepreneurial journey. 00:00 Welcome to The Promoted Podcast 00:29 Introducing Michael Furey 01:11 The Realities of Running Your Own Business 01:44 Michael's Journey and Insights 06:58 Renee's Perspective on Business 07:55 Balancing Passion and Career 20:46 The Importance of Risk in Business 23:55 Final Thoughts and Takeaways