The thought of starting your own business is often exciting, and starting your own security guard company is no different!
Note; the term ‘security guard’ in this blog does not only mean a ‘ security officer’ it also includes bodyguard/personnel protection, mobile patrol, etc.
The purpose of this blog today is to help you with an ‘insider information’ that I have gained; as someone who has worked as a security guard, progressed into a leadership role in the security industry, wrote an award-nominated security book (Security Adventure Service) and now running my own security guard company.
I hope the information I will share will help shed some light into an industry that you are thinking of joining. This content is to help you make a better-informed decision; whether to start your own security business or do something else.
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There are quite a lot of reasons why people start their own security guard company. There are also a few categories of “ security guards business owners”, and below are 3 I will focus on:
As I said earlier, I will only focus on the above 3x categories of security business owners. Permit me to say 85% of people who own security guard companies fall into the above 3x categories.
From the above 3x categories, the one that is most likely to fail within the first 18 months is; number (1). The reason why, a good number of them join out of emotional impulse or desperation. They often don’t use their minds/head to critically think if this business is the right business for them, though there are people in category 1 that succeed; only after they have learned how to be RESILIENT, and it is likely to take them much longer to succeed then folks in category 2 & 3.
It is very easy for any individual to start a security business, though there are quite a few hurdles to go through before you secure a security business, master or agent license from various state regulatory bodies in Australia. Such as, whether they have been bankrupt in the past or any recent criminal history.
Some important point to note, why new security businesses fail :
If you have read a lot of my security industry content, I am someone who always encourages people to go for what they believe in and try to be there best.
But recently in Dec 2019, a client contacted me through our Security Consultancy Service. He wanted us to assist him set-up a new security business as we have done with other clients. My task is to deliver on all our client’s request. But this particular client, I will call him ‘Jake’ (not real name).
He asked me this critical question before I book a face to face appointment with him. The question was, ‘ Please can you tell me, if I can make money if I start a security business, and how soon. Or is it a saturated market where you only have to succeed by feeding on the bottom of the barrel?’
I said to him ‘ none of my clients has asked me this honest question, and I have never bothered to answer such a question that was never asked, even though I know the answer.’
So I told him the truth:
Even though revealing the truth to my client cost us the job; I felt pleased that someone wise, asked this important question. The client never went ahead to start a security business, I lost money for my honesty, but my client saved his money, time and possibly will focus on other profitable stuff.
So, as you read this piece, my aim is not to discourage you; but to suggest to you that Security Guards Hire Business may not be what you think it is. So many people in the industry may not tell you the truth because, they are afraid to hurt your feelings, or you might assume they don’t want you to be a competitor!
1 Example of Our Client Security Company We Helped Setup
|Business Name||Set Up Process|
|Calm Safe Security||Set Up Business, SEO/Content, Security Business License Application, Uniforms|
Here are some reasons why; before you decide to deep-in or flight:
Over Regulated Industry: You may think to have so many governing and regulatory bodies is good for the Industry (such as Fair Works, Labour Hire, ATO, Police), in a way they are good. They are mainly good to keep law-abiding security company operators in check and raise revenue for Government. But the sad reality is; they hardly do enough to check the excesses of so many dodgy security guard companies who are rotting the system.
Some may say it happens in other industries too, but don’t forget this is a whole different industry “Security Industry”. Don’t forget some of these illegal operators often get the opportunities to provide security guards in sensitive sites and infrastructure both Government and Private sector.
So, if the dodgy security company is tasked with securing sensitive sites or contracts. And this same company is operating illegally, or operating outside the law; that implies, the possibility of deploying unqualified guards are higher, and the chances of them compromising the security of that site/infrastructure to a third party to penetrate are even greater. Where There is no Integrity, There is no Real Security!
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