The entrepreneurial life comes with its own set of perks. Know what they are before settling for a traditional 9-5 job.
Every college student’s aim is to get hired as soon as they graduate. Very few are willing to take the road less traveled and embark upon an entrepreneurship journey instead. This may be because they are conditioned to believe that entrepreneurship is meant only for those who enjoy taking risks, and that nothing can replace the security and comfort that comes with having a traditional job. Don’t you think it’s about time we stopped being sheep? Forget the yellow brick road. Why wait for somebody to hand you a job offer when you have the power to create your own economic opportunities? If you have what it takes to be an entrepreneur, set aside your woes and start a business that does so much more than just pay bills.
Here are some good reasons why you should consider being an entrepreneur:
Complete freedom: No matter how perfect your job description is, working for someone else can get monotonous in the long run. True, there will be opportunities for you to grow and learn, but you would grow more and learn a lot more if the company you work for is actually yours. Nine to five jobs can get monotonous. The freedom that comes with being an entrepreneur means you can decide your work timings, your place of work, the location of your office, and every other factor that you would be forced to consider otherwise if you were to work for someone else.
Pursue your passion: If you have a burning desire to do something or have an excellent business idea that keeps you awake at night, know that it is time to get off the fence and take your dream forward. Don’t be disheartened by people who would advise you against quitting a job that you are unhappy at. Follow your heart, follow your passion.
Endless earning possibilities: Would you rather live paycheck to paycheck without getting any say in how much you earn or be fully in charge of the salary you get to draw? If it is the latter, entrepreneurship might be just the career for you. Also, you will realize that your earning potential is entirely in your hands. Bringing in more business means more profit and vice versa.
Forget the rat race: When you are stuck at a traditional job, there is always the possibility of someone better coming in and replacing you. Companies don’t have to think twice before letting people go if they have reason to believe that somebody else would do your job more efficiently. When you think about it, you are constantly competing with others to retain your job by constant learning and continuous improvement of your skill-set. Being an entrepreneur would take this load off your shoulder because your competitors would be other companies in the same line of business, not others in the rat race.
Leave a legacy behind: Building a business is pretty much like building an empire that you can pass on to your children and grandchildren. By doing so, you are ensuring that your name is never forgotten and that your achievements are always remembered.
Give back to society: A successful entrepreneur can be a true blessing to society, especially when it comes to providing aid to the less fortunate. Take the case of the Bill and Melinda Gates Foundation. It is a $43.5bn trust committed to eradicate malaria and polio and control the spread of HIV-AIDS and tuberculosis—the largest philanthropic organization in the world.
Building a business and running it is not easy. It requires hard work, patience, energy, heavy time investment and, most importantly, support from friends and family. So, how do you know if you are cut out to be an entrepreneur? Truth is, only time will tell. In the meantime, read ‘10 Things to Keep in Mind Before You Decide to Become an Entrepreneur’ to prepare yourself for your very own entrepreneurial adventure.