Starting a business isn’t for everyone. While some people are hungry to start a business and lead it to success, there are others that starting or running a business seems scary and intimidating to them.
Starting a small business is a big step for anyone to take, because it may require leaving the comfort and security of a regular job for a more uncertain financial future.
Nevertheless, there are still many benefits that come with being an entrepreneur and having your own business. Below are 15 reasons why I feel you should start your own business:
#1 FLEXIBILITY
Being an entrepreneur, you get to work your own hours. It will be easy for you to free up time in your schedule to attend to other important daily activities.
#2 CREATE A LEGACY
Starting a business means you’ll have something to pass on to your kids.
#3 PERSONAL FULFILLMENT
Nothing offers the kind of personal fulfillment that can be found in owning a business. When people decide to use their talents to start a business, they often find personal fulfillment because their abilities now serve a purpose.
#4 PURSUE YOUR PASSION
You get to do what makes you happy.
#5 WORK FROM ANYWHERE
Having your own business means that you can work wherever you want. You can choose to work from home without anyone questioning your choice.
#6 LEARN TO EMBRACE FAILURE
I personally believe there is nothing like “failure” in entrepreneurship. Even if something doesn’t work out, the experiences, skills and lessons gotten from it are always invaluable.
#7 CHANGE THE WORLD
Even if this seems like a lofty ambition, but having a business is one sure way to change the world.
#8 SENSE OF PRIDE
This increases your self-worth, and lets you take credit when you achieve something worthwhile.
#9 LEARN NEW SKILLS
This isn’t the corporate world, that some sets of skills are needed to be employed. If you have your own business, you can pick up the entrepreneurial skills you need as you go.
#10 JOB CREATION
If you start a business, you might one day need to hire employees. When that time comes, you’ll have created an opportunity for someone else.
#11 NEW EXPERIENCES
Every business owner works through a different set of experiences, and those experiences are often chances that never would’ve manifested had the person been too scared to start their business.
#12 FINANCIAL INDEPENDENCE
No one else is signing your paycheck, and you don’t need to always be waiting till month end to receive your salary.
#13 AVOID THE HASSLES OF JOB SEEKING
By starting your own business, you don’t have to go through all the stresses that job seekers go through. Instead, your stress is channeled into building your business, and that one will give you a sense of entitlement.
#14 JOB SECURITY
The stress of climbing the corporate ladder is real. You never know whether you’ll be promoted or whether you may be handed a query letter or even a sack letter. When you start your own business, you know you’re investing in your future and in your own job security.
#15 YOU CAN BE CREATIVE
Rather than following the formula of those who came before you, you’re looking at a chance to develop an idea that nobody else ever has. Each day as an entrepreneur allows you to find new ways to solve problems.
The beauty of entrepreneurship is that it lets have that freedom to make your own decisions and control your own destiny in a way that conventional jobs do not.
Knowing that each day brings new challenges, exciting opportunities, and a chance to engage your passion is reason enough to start your own company. Knowing that you’ve decided to take control of your own future is empowering.
What are you still waiting for?
The time is NOW!
