If you’re a budding entrepreneur, then you have most likely heard about all the reasons as to why you shouldn’t go into business. “It sounds better than what it is!” “It’s too risky!” “You’ll lose money! And sleep! And your social life! And you’ll end up in debt!” And while all of these can be very true – it doesn’t mean it’s going to happen to you. Sure, there’s a big chance, because starting your own business IS very difficult, and CAN be very stressful – but that shouldn’t hold you back from doing something that you believe in.
There are the downfalls, and it’s important you know what they are, but if you chose to only look at them you’ll always have a negative outlook on everything. So you should have a look at all the positive reasons why you should take the risk and go for it.
Here are some examples.
Now, this doesn’t happen immediately, when you’re first starting up, you will be putting in endless hours for barely any money – if anything at all. But once you’ve passed those hard few chapters and do it correctly, you can start being in charge of your schedule and create that freedom that you think you deserve – whenever you want.
Whoever you end up crossing paths with, you can guarantee that when they ask that common question about what you do for a living, and you tell them that you own your own business – more questions will follow. It interests people, and their curiosity makes them want to know more, so be prepared to be the storyteller when you socialize.
When you’re a freelancer (which means you work for yourself), you get to take advantage of the tax perks that are available to you. Most of the time you are able to write off expenses like car payments, phone bills, and travel. So be sure to ask your accountant what benefits you will be entitled to.
When you do something all by yourself, regardless of whether you’ve been able to get success from it yet or not – it’s an amazing feeling. You had something imagined in your head, and you managed to turn it into something real, and not only that, but now you’re able to make yourself a living off it.
When you have a job like a delivery driver or a shop assistant, it’s hard to imagine passing down your career to your loved ones because it’s just not how those things work. But when you work for yourself, you can pass it on to the next generation and leave them with all the incredible things you created yourself.
Because you own your own business, you never have to worry about getting fired or laid off, because you’re your own boss – you have no one to answer to or try and defend your job title to. You run the show.
Networking is an essential thing that has to be done if you want your name getting out there and the chance to meet potential business partners and sponsors. But this is part of the fun – being a social butterfly. Engaging with other people, swapping stories and learning from others that have the experience you don’t yet have.
Becoming a pro
Everyone wants to be the best at what they do, and starting out as an entrepreneur will give you such knowledge that you will be able to use it in your daily life. You will learn so many things that will not only teach you what it means to be a boss, but will also put you in a position where you can be a mentor to others one day, and share all the skills that you have collected along your journey.
Working for yourself can be a struggle because you have to be the one to self-motivate – you don’t have someone else encouraging you or telling you what your weekly targets are – it’s all down to you. This is difficult to begin with, but over time you will establish a determination that can’t be broken, and that’s a very strong skill to have, that will help you along in life forever.
This is one of the reasons that get everyone excited about working for themselves – the financial benefits. Money is independence. Simple. The more money you make, essentially the more freedom you have, and this will also be the drive that pushes you to work harder. Something to remember is that money doesn’t buy happiness, but what it does give you, is a lot more opportunities to find that so-called happiness.
Change the world
A lot of entrepreneurs tend to believe that this is the start to changing the world, and while this sounds a little over the top – just look at Apple and Facebook! So there’s nothing wrong with having a dream that seems impossible, because you may just get there one day. Who knows, you may develop mobile apps and then have your own set of organisations that cater to people from all around the world.
When you start making money and feel like it’s time to grow your business, you may want to hire some helping hands to join you. This is a moment to enjoy, knowing that you are able and responsible for sharing success with potential employees of yours. Your little idea that you once started with, is now not only providing you with an income, but others too.
As you can see, there are tons of reasons why you should follow your heart and start your own business. But finally, ask yourself why you want to do it, as that’s the most important reason of them all. Has this idea been in your head for years, and you’re now finally ready to do something about it? Or do you just feel it’s time for a change in your life, and this is the final push you need? Whatever it may be – you create your own destiny.
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