5 Advantages of Entrepreneurship

Feb 7, 2018

Is your 9 to 5 corporate gig getting you down? Do you have a great idea – and even a great name – for your own business but haven’t yet put it into play?

So what’s stopping you?

It’s time to consider the advantages of entrepreneurship.

You get to be in control. You don’t have to report to anybody. You can take a vacation when you feel like it.

And the best part? You can’t be fired by anyone but yourself.

But that’s not all.

There Are So Many Advantages of Entrepreneurship

In case being your own boss and building your own business aren’t enough, we’ve got eight other advantages that just might be the motivation you need to get you started:

1. Learning To See Possibilities Everywhere

When you have to rely on yourself and your imagination in order to generate income, this awareness goes with the territory.

An entrepreneur has to develop the skill and train his or her mind to stay open and receptive to potential ideas and possibilities.

This doesn’t mean they get involved in everything that comes their way. They must also learn the skill of discernment – which is also of tremendous value.

But whatever the case, being open to many possibilities gives entrepreneurs a tremendous amount of choice.

2. Defining Your Income

Who decides how much you’re getting paid?

Chances are, there are several factors at play including your boss, your company’s financial budget, the board of directors, the economy, etc.

These factors also determine whether you’ll be staying at your job.

So even if you’re working really hard and giving 110%, your salary might not reflect it.

But when you’re an entrepreneur, you create the relationship between your efforts and your income.

Plus, the only two factors that determine and define your income are the market forces and you.

Even though the market can be a harsh judge of your entrepreneurial skills, once you pay attention to, and understand the market’s signals, following¬†the current marketing trends, you’ll be able to make informed decisions to keep your business moving in the right direction.

3. Flexibility In Your Schedule

There are morning people and night owls and others somewhere in between.

As an entrepreneur you can ditch the rigid schedule.

So if you’re a night owl, you can start work at 4pm. If you love the morning, maybe works starts at 4am. Take a break when the need arises. You are the master of your scheduling domain.

The power of creating your own schedule isn’t just liberating, but it could be healthier too.

Entrepreneurs focus on results rather than on hours worked. And one study found that a results-based work atmosphere leads to greater mental and physical wellness.

4. Enjoying Your Work

Even though, as an entrepreneur, you can create your own schedule, it doesn’t necessarily mean there won’t be long hours.

But unlike those energy-draining hours spent working overtime for someone else, it will be long hours spent working toward something you love. And you will reap the rewards.

5. Learning To Be In The Moment

How much of your day at work is spent counting the hours and minutes before your lunch break or the end of the day?

One of the great advantages of entrepreneurship is being able to abandon the predictable and monotonous schedule of a traditional office job.

Instead, you plan and schedule your day, set regular goals and work to achieve them.

Of course there will be unexpected situations you’ll have to handle. But in learning how to handle these situations, you get the added benefit of being more present and learning how to live in the moment.

Is It Time For You To Be Your Own Boss?

If you have dreams of breaking out of the daily grind and enjoying the many advantages of entrepreneurship, now could be your time!

Although being an entrepreneur requires you to be independent, it doesn’t mean you have to go it alone. Contact us today. We’ll help make starting your business as easy as possible.

 


 

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