One of the most daunting and challenging things to do in recent times is starting your own business. But if you follow the right path and have a leap of faith, you see yourself mounting on the ladder of success. It is like pushing yourself against the odds and jumping out of your comfort zone. And believe me, doing so will never let you down.
Who wouldn’t like the idea of being the boss of himself? Having a business that earns you good and gives you a good reputation is a lifelong dream of millions. It could be anything you invest or start with – a proper kick will surely lead you to triumph.
“Opportunities don’t happen, YOU create them.”
Well, some people are born entrepreneurs, and some grow this attitude later in their lives. It doesn’t matter how long you take to start your own business. The feeling is always good and beneficial to be the wolf in the market. It resonates with your character and planning.
Do you have the jack attitude?
Well, walk with me and learn why it is vital to start your own business and the key advantages that it will offer you in the long run. These 10 surprising reasons will undoubtedly turn your attitude to be the CEO of yourself.
“Starting your own business isn’t for everyone, but for the right people it’s much better than climbing the corporate ladder.”
(Brian O’Reilly)
Setting Up Your Own Business Gives You the Free Canvas
One thing that entrepreneurship offers for sure is freedom. It is like the golden promise made for life. You can ask thousands of entrepreneurs a tremendous benefit they get by starting their own business, and the answers would point to being authoritative and autonomous. The independence they get by setting their own business is beyond imagination. Using the great potential and key drivers they think are the best, they touch the skyrocketing success.
According to the International Entrepreneurship and Management Journal, a conducted survey presented that freedom and being in-charge is the most found reason for diving in the pool of own business. Moreover, Japan and Australia’s entrepreneurs pointed out the self-controller and liberty as the prime factors for their motivation.
“Conformity is the jailer of freedom and the enemy of growth.”
(John F. Kennedy)
Entrepreneurship Offers Pliability
In the corporate job, working 8, 9, or 10 hours a day shift, you can turn your own flexibilities and are bound to be the corporate slaves. You have to follow the rules that are created by others. These rules don’t define you and create hurdles for a person who wishes to see his name in the list of successful men.
But with starting up your own business, you can see the unmatched flexibility in your life. The flexibility boosts your creativity and helps you understand your mindset for the success of your own business.
For example, if you start a real estate business, you can start with no office premises, working entirely from your home. And gradually, when you see yourself making incredible profits, perhaps you can initiate a great workplace.
“Flexibility has become a modern day value that everyone wants. But flexibility comes with a cost.”
(Maynard Webb)
See And Do Things With Great Appropriateness
Every company, business, and entrepreneur have flaws, and believe me that these flaws make you learn to be a leader one day. An entrepreneur’s mind working for a place comes up with a great idea that will give subtleness and appropriateness to the business. But because of the ego and self-indulgence of the boss, they let them down.
Having your own business, where you are the king, and you are the servant. You can evaluate what would be in the best interest of your business. You can call your own decisions, and with the utmost sincerity, you will become the name everyone wishes to meet.
Making Substantial Profits Are Guaranteed
Using the best of your knowledge and passion for setting up your business, you can make ample profits. It is evident that the interest for men develops and comes with more money. So, in order to see yourself having vaults filled with money, setting up a successful business is what takes you to glory.
You name the entrepreneur and check for their wealth online. You will see the profits and accumulated wealth is eye-opening. According to the International Entrepreneurship and Management Journal, 23% of entrepreneurs from 29% of countries have started their own businesses to increase their own wealth.
The Job Security Is 100%
Everyone in the corporate market wants to climb the ladder of success. With this being said, many are involved in disgusting office politics and evil schemes not to let competitors win through a fair game. These actions mostly lead to job threatening situations for countless workers around the world who are dedicatedly earning their bread, without any politics and shameful acts.
A statistical review by Instructure Incorporation, a talent management software provider, stated after successfully conducting a study that more than 1000 employees, around 53% of employees are involved in office politics, creating a ruthless environment for those who are dedicated and sincere workers.
To Build A Personal Impactful Brand
Another excellent reason for starting your own business is that you can have a perfect name for yourself. Using constant networking and learning new skills, applications, and methodologies, you can be a person whose name would make an impact in the market. According to a collective survey, around 15 million Americans are full-time self-employed.
No matter what your business is, if it’s gadgets for men or clothing and accessorizing for men, you will indeed impact the world, only if you are creative and know to enhance your business with impacting strategies and tactics.
You, Will Be A Job Creator, Not A Seeker
Starting your own business might not go as you plan in the beginning. But eventually, you will see yourself climbing ladders and triumphing to success. Finally, you will be the person who will create a job for all the potential seekers out there in the market. Doing so might also help you identify like-minded people whom you can help achieve the dreams of their lives.
It is evident, and thus the excessive admiration will overwhelm you when you see yourself becoming the person you once dreamt of. Moreover, the United States Bureau of Labor Statistics (BLS) presents a report stating that small and medium-sized enterprises create 64% of new jobs in the United States.
Financial Independence Is an Attractive Charm
Have you ever thought of being financially independent? Well, if the answer to it is positive, perhaps starting your own business is the best solution for you. However, it is evident that you will not get ultimate financial independence initially and might take an ugly or tough start. But gradually, with sincerity, dedication, determination, and strong willpower, you will yourself become financially independent.
“Financial independence is the ability to live from the income of your own personal resources.”
(Jim Rohn)
No Need to Be A Part Of Cat Race
There are a great many people in the world who are not satisfied with their jobs. This dissatisfaction because of the 9-to-5 jobs or the baseless and time-consuming rounds of meetings get nothing but increase the amount of stress. According to a globally conducted poll, 85% of people are unhappy with the nature of the jobs they are doing.
A large number of unsatisfied people begin to make everyone a part of a rat race, and ultimately stress levels see a massive surge in them. Are you a part of a rat race? Do you wish to escape the ridiculous race? The most important is to start making significant profits and reputation for you with your own business.
Following Your Passion Will Increase Motivation
Working for someone else and finding the motivation to deliver the best is impossible to see and have in 2021. The driving force for inspiration fades as people see themselves as slaves or not been adequately treated.
This negative stigma has created a mood of resistance. However, it can be dealt with if you start your own business and work enthusiastically for your passion. Doing so will bring an incredible amount of motivation for rekindling the lost passion. Moreover, you will see the magnificent benefits it offers to you and your lifelong dream when you start following your dreams.
Pinstripe Magazine Staff
Online Men’s Lifestyle Magazine on Gear, Grooming, Girls, Gadgets