WHY TO START A Business?
Most of us want to be entrepreneurs and just the thought of all in your hands and up to your powerful decisions triggers more and more willing to start it now. Tired of the corporate world, desire to be ruled by your own mindset, a wish to earn more than from pay-check to pay-check… reasons could be thousands.
The thing is that becoming your own boss is like heading to an edge and the only way to get relieved is by jumping over the cliff and take the risk. People’s lives are surrounded by different circumstances and obstacles and these experiments are sometimes a huge jeopardise.
And here I am not talking about financially free people but the ones depending on their monthly salary, on some fixed monthly budget.
Sometimes that’s a risk taken because there’s no other alternative. People create jobs for themselves and the others – why should you wait for someone to give you work and hire while you have got all the abilities to sell yourself.
Not all business ideas are a financial burden by default. If you are a resourceful and dedicated person you might find a smarter way.
REASONS WHY PEOPLE START THEIR OWN BUSINESS
BUSINESS IDEA
They have got something qualified as ‘a good business idea’ and decide to see it working.
LOSE A JOB
They lose their job and need to find a new way of income.
NEED MORE FREEDOM OR FLEXIBILITY
Most people would prefer to run away from standard routines and to have more flexibility and freedom in their life.
TO BENEFIT FINANCIALLY
Working for your self gives more opportunities to work and set your own profit.
TO DECIDE ABOUT CLIENTS AND ENVIRONMENT
If ever found themselves in an inappropriate environment, toxic people, judgemental, it’s better to create your own space of comfort regardless of the loads of work you do.
TO MAKE THINGS BETTER
Being in a place where you can easily see that things could go better and the work could take a higher level is another good reason
TO CREATE JOBS
Some people go that way to create jobs for themselves and their families.
CHALLENGES
THINKING ABOUT EVERYTHING
From accounting through recruitment, what software to use, where to invest, advertising, etc. It’s good to have some knowledge or at least an idea where to find it. That is now your responsibility to look after all the processes the business has.
ENTREPRENEURSHIP IS NOT A STRUCTURE OR REGIME TO FOLLOW
It’s chaos if activities, sometimes not predictable and you are the only one in charge to solve. You find yourself multitasking at most times. There’s no timing pattern to follow but also the freedom to start and finish any time.
YOU TAKE THE OWNERSHIP OF ALL CONS AND SOLVE ALL PROBLEMS AT ANY COST
unfortunately here you can only delegate your tasks at some point, but that’s just a part of the puzzle. The solution lies only and fully in your head.
THINK ABOUT THE UNNECESSARY SPENDING
at some point, unless you have got a solid back behind till actually the business starts making a profit.
COMMUNICATION IS VITAL
You cannot hide, you are your business. Actually, the entrepreneur is the one to take lead and initiate it.
ENTREPRENEURSHIP IS A SOLO ROLE
If you like to discuss your work problems with colleagues to make a decision, that’s won’t be the case here. Better get prepared for monologues in front of the mirror.
As results not ever come easily or quickly you will be always asking yourself: Should I stay or should I go?
FINDING TRUTHFUL CLIENTS
As a small entity, people do not trust you easily unless they are really interested in benefiting from you.
FREE TIME IS A STRETCHY THING
As your own boss you can do whatever you want anytime, but will this bring you success? Better work 12 hours as that might bring success.
DOUBTING BUSINESS DECISIONS
If you are a perfectionist this might be a real con as doing everything in a perfect shape might take a lot for a time from your business.
In all scenarios, self-discipline might be a rational way of approaching entrepreneurship.
But in any case it is alluring and that’s why so many people every single day tap into this another reality of self. Hard work, dedication, self-education always pays off.
NO GUIDANCE
Freedom comes with responsibility. There’s no guidance provided here. You either find the light in the tunnel or quit.
FINANCIAL CONSTRAINTS
The chance to waste some money is of significant like-ability.
PROS
FULL SATISFACTION
When working for someone you feel the fruits of your labor mainly as a direct transfer in your bank account, but when your own boss you feel the pleasure in its full dimensions as you made it from scratch to finish.
MANAGE YOUR INCOME
As self-reliant you manage your income and how high it should be.
FREEDOM AND FLEXIBILITY
There are no certain rules to follow besides your own. You can quit and resume working at any time.
INDEPENDENCE AND AUTHORITY
If you love taking pride at your job, working for yourself makes this feeling stronger.
CREATE JOBS
If you happen to become successful and hire other people, that is just an amazing achievement. Helping people to work with you and give them a regular income is a privilege not everyone has.
CREATE A LEGACY
Leaving something behind your back is significant! It makes your life complete and fulfilled.
FOLLOW YOUR PASSION
Working a boring 9-5 job is self-destructive as this could really lead to psychological misbalance. Working something you are mad about could fulfil your life with joy!
GAINING NEW SKILLS
Learning new things is something our brain needs on a daily basis to be stimulated and rejuvenated. Some people have got limited believes that learning is over at some point in our lifetime. The truth is that it never stops unless you forcefully make your mind die.
SELF CONFIDENCE BOOST
When you do not have an authoritative person to control your breath, you overcome the challenges and gain success on your own, regardless of the obstacles you face, the self-confidence grows and makes you feel as fully complete person.
How about you? What is your situation? Please comment and share your thoughts.