Starting a new business and/or a commercial or social enterprise is thrilling and intimidating at the same time. The delight of boarding on a new expedition, mapping a new path, being self-sufficient and in control, the possibility of accumulating substantial personal wealth, solving peoples’ problems, meeting those unmet needs of the society, and making the world a better place to live are all reasons to look ahead with great excitement and hope.
For some people working in a 9 to 5 job feels monotonous and stifling, while some really thrive in the structured environment. But if you are the former, entrepreneurship is for you.
Let me list down some compelling reasons why you should be an entrepreneur.
Reason 1. You have full control over your destiny.
You call the shots and make the decisions that ultimately determine the success or failure of your business. Nobody will get in the way of your vision.
Reason 2. You are your own boss
You get to decide what you want to do, how you want to do it, and who you want to do it with. There’s something amazing about being able to say you work for yourself. Did you not like the way things were done at your previous job? You could do it your way with your own company.
Reason 3. You make your own plans & schedules.
Are you an owl or a lark? I mean, do you prefer to work late into the evenings or bright and early at 5 am? When you’re your own boss you get to decide when you want to work.
Reason 4. You pick your clients and projects
You have complete control over the types of clients you want. Once you’ve created your own business, you’ll be able to turn down clients and projects that aren’t a good fit for you and focus on those that do.
Reason 5. You pick your own team
As captain of your own ship, you pick who to invite aboard! If you want a young crew or experienced professionals, you decide what works best for your project.
Reason 6. You become a provider.
As an entrepreneur you will become a provider for many. Your employees will depend on your leadership and decision-making, as it will directly impact their livelihood and well-being.
Reason 7. Opportunity to give back.
Owning a business gives you the opportunity to support local charity events, local schools and non-profit organization. Being able to make a difference in your community is a great feeling.
Reason 8. Every day is different
Being an entrepreneur is anything but monotonous. There are always fresh business prospects to dive into, new ideas to brainstorm and execute, and new individuals to collaborate with. Being an entrepreneur is a never-ending rollercoaster, but if you enjoy what you do, it’s a thrilling journey with new challenges every day.
Reason 9. It enables you to dream big.
No idea is too crazy and no goal is too big when you are an entrepreneur — you can dream as big as you want
Reason 10. You learn new things
As an entrepreneur, you must wear multiple hats. This frequently entails picking up new skills and continuing to learn and improve on them. Part of what makes being an entrepreneur so fascinating is constantly adapting and shapeshifting by learning new things.
Reason 11. Entrepreneurs are innovators.
Think of all the new technology and ideas that have come to life over the past few years. Those were all once just an idea — but amazing entrepreneurs brought those ideas to life.
Reason 12. You help shape the world
Great entrepreneurs are problem solvers who fill a gap in the market, whether it’s internationally or locally. Every small contribution to the economy makes a difference in the world we live in. You are meeting the need of consumers and will benefit from the goodwill you create. You can directly impact society by introducing a service or product that people use.
Reason 13. You have the opportunity to change lives.
Have an idea for a product or service that has the potential to make a huge impact? Go for it — nothing is stopping you!
Reason 14. You do what you love
Doing what you love is the best part of being an entrepreneur. When you’re working with people you enjoy and are doing things that inspire you, it is just easier to get up in the morning with a smile on your face. This is what makes starting a business worthwhile.
Reason 15. You serve as a role model.
As an entrepreneur, people will look up to you. You have the ability to be a role model for family, friends, employees and community members. Your success serves as motivation and inspiration.
Reason 16. Create a legacy.
Creating a successful brand to the point where it leaves a personal legacy behind is appealing and serves as motivation for many entrepreneurs.
I hope these reasons have convinced you to dip your toes in the vast sea of possibilities that entrepreneurship is! For me, each one of them has been true, and I have thoroughly enjoyed every moment of the entrepreneurial journey.
References:
- Holden, Kristie. “10 Reasons to Love Being an Entrepreneur” Marketcircle, 8 Feb. 2016, marketcircle.blog/10-reasons-to-love-being-an-entrepreneur.
- Long, Jonathan. “60 Reasons Why Entrepreneurship Is Amazing.” Entrepreneur, 9 Mar. 2015, www.entrepreneur.com/article/243389.