Not everyone is cut out to be an entrepreneur. Jumping into the dark abyss of the unknown is a scary act. But if you have the desire to experience freedom while earning an income at the same time, entrepreneurship can be the jump that you need to take to get to the life that you want.
As adults, we will spend 40+ hour weeks doing some form of work. Many people hate that they have to spend an inordinate amount of time doing something that they hate. This doesn't have to be you. If you're thinking of taking the entrepreneurial plunge, here are three reasons why you should have started that journey yesterday.
You Control Your Destiny
When you work for someone else, you're at the mercy of bosses and a faceless company that doesn't care about you. Your bosses decide if they're going to hire or promote you. They decide whether they will fire you. They have control over the 8+ hour days that you spend at the office. Not to mention that whatever happens in your office rarely stays in the office. What happens at work often affects your home life. Office politics are a total bummer when you're trying to hang out with your BFFs at happy hour.
In exchange for your time and work, you get a paycheck. It's even worse if you feel that the money is not worth all the aggravation. What is all this aggravation for, anyway? We're no longer in a time where you work for your employer for 25 years, then leave with a gold watch and a pension. If you want a pension or some guaranteed income into your advanced years, entrepreneurship may be the pension plan that you need.
You Control Your Freedom
Time: Once it's gone, you're never getting it back. Your time is extremely valuable and you need to treat it as such. When you're an entrepreneur, you have more control over your time. If a family or life emergency comes up, you can decide that work will go on the back burner. Entrepreneurs can decide what constitutes a life or family emergency. Is your niece graduating high school across the country? Is your favorite music artist playing a music festival in Europe? Go right ahead! Entrepreneurs don't have to ask some mean boss for time off. You're the boss!
You Possess Unlimited Earning Capabilities
When you have a 9-5, your boss determines your salary before you even start your first day. You might get a raise or a promotion, but you might not. For most people, their earning potential will eventually get capped.
If you become an entrepreneur, earning millions of dollars is far from guaranteed. However, true entrepreneurs have a burning desire to take their business to the next level. Entrepreneurs are rebels and gamblers. If you're going to work for yourself, you need to get comfortable with risk and uncertainty. But if you play your cards right, the payoff will be more than worth it in the end.
Is entrepreneurship in the cards for you in 2017? As a business owner, you will need to get organized quickly. Use the tools from STARTplanner to help you make a business plan, store the dozens of lists you will create, and set the goals that will make you a kick-butt business owner.