There are myriad reasons that owning your own business might be right for you. There are also reasons, other than making money, that might make entrepreneurship something you should pursue.
Here are some of the many reasons I went into business for myself:
- I’m the boss. Plain and simple. Sure, I have to answer to clients, but at the end of the day, I am growing my own empire and am in charge of my destiny.
- You get to take credit, and sometimes blame, for what you’re doing. If you’re building a successful enterprise it’s all because of you, your hard work and diligence. You aren’t riding on someone’s coattails nor are they riding on yours. Embrace your successes!
- Depending on the industry you’re in, you’re helping people. As a matter of fact, whether you’re offering goods or services, you’re helping people. Your clients look to you for their widgets or your advice and you give them your best. That is gratifying.
- Your schedule is essentially your own. Owning a business means you can set your own hours. You may have the flexibility you never had when you were an employee.
- Your bank account may grow. Some entrepreneurs make boatloads of money, others make enough to pay the mortgage and pay for family vacations. As an entrepreneur you have the ability to be the master of your own bank account rather than waiting for your employer to offer you an annual raise or a bonus.
What are some of the other advantages you’ve found from being self-employed?