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Why Not Be An Entrepreneur?
by Amal | on June 5, 2012
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Why Not Be An Entrepreneur?
Trust me when I say that I understand how difficult it is to be an entrepreneur but it’s still hard to
comprehend how a person doesn’t want to be free of the restraints associated with most jobs.
Why are we satisfied with a yearly 3% pay increase (if that) or doing the same exact thing
everyday? We’ve become a people within a perpetual groundhog day, the same activity Go Daddy!
everyday.
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2. Just do me a favor and read the following article borrowed from Inc. pertaining to the best
reasons to be an entrepreneur by Jeff Haden, June 4th, 2012.
5 Best Reasons to Be an Entrepreneur
Sure, being your own boss comes with the territory. But here are some other perks you
probably haven’t thought of.
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Sure, when you start your own business you get to be your own boss, expand your earning
potential, and maybe change the world. You know all that. Online Shopping, Its Advantages And Why
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Here are some reasons you might not have thought about:
1. You meet fewer mummies. Ways to Obtain Money Fast With The Use Of
When you work for a big company, you represent that company. When you talk to vendors, The Internet While At Home
suppliers, customers, etc., you must be more of a suit and less of a person. (I’m not criticizing
corporate employees; I was one. That’s just how it works.)
The larger the company and the higher you climb, the more of a suit you must become.
In short, you become a corporate mummy and your wrappings hide your personality. And,
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because big companies tend to do business with other big companies, you tend to interact *Email
mostly with other mummies.
Mummies are boring. start now
People who start their own businesses can remove most of their wrappings. They have no one
to answer to but themselves. For better or worse, they can be who they are.
And they can be a lot more fun to work with. Some will even become friends.
2. You don’t need an oasis.
Here’s what happens when you work for someone else. You have skills. Your employer tells you
where, how, and when to apply those skills. You rarely get to do what you want to do in the
way you would like to do it. You’re a cog in a larger machine.
The more cog-like you are required to be, the less “you” is expressed in your work life… and
often the more you might try to express yourself in your office or work area.
Hence the photos, trinkets, knickknacks… all the stuff designed to remind you that you are a lot
more than just a cog.
Run your own business and you may still be a cog in a larger machine–because no one does
anything worthwhile completely on their own–but you get to decide where, how, and when to
apply your skills.
And you won’t need to remind yourself that you are more than just a set of skills to be utilized at
your employer’s discretion.
3. You expand “I would be doing this anyway.”
A few entrepreneurs strike wherever they think the revenue iron is hot, with little regard to the
nature of the business.
Most start a business because of an interest. Whether you open a bike shop or not, you’d still be
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3. riding bikes. Whether you start a software company or not, you’d still be tinkering with
applications in your spare time.
Start a business based on an interest, hobby, or passion, and you get to do a lot more of what
you would be doing anyway.
Then work-life balance is a lot less of an issue. When you do what you enjoy, it’s just life.
4. You beat the IRS at its own game.
While the following should not be considered legal or financial advice and you should always seek
the guidance of a qualified professional–wait, that just sounded like the disclaimer that
accompanies all those prescription drug commercials–owning your own business lets you tap
into a lot more tax breaks and tax-advantages.
In the right circumstances you can deduct things like entertainment, travel, education, vehicles,
etc. Your business can pay any out-of-pocket medical expenses not covered by insurance. You
can create your own retirement plans and profit-sharing plans. You can employ family members.
You can… the list is almost endless.
And if you’re smart you won’t see the process as a necessary evil–you’ll see it as another way to
way to maximize your return on your business… and hang on to a lot more of your money.
5. You porch is a lot more fun.
Someday you’ll sit on your metaphorical porch looking back on your life. If you’re like me you’ll
only regret a few of the things you did, because those mistakes helped make you the person
you are. Aside from, say, the night a few friends and I confirmed that 1) cows don’t tip, and 2)
cows are less than appreciative of those attempting to tip them, I regret very few of the things
I’ve tried.
What I definitely regret is not trying things–especially if the reason for not trying was a lack of
confidence or fear of the unknown.
One of the worst porch sentences will start with, “I wonder what would have happened if….”
Don’t look back and wonder. If you want to start a business, do it. There are ways to limit your
risk.
If you failed, at least you tried.
And no matter how badly you failed, you will have done so on the only terms that matter–your
terms.
I’m An Entrepreneur, Are You?…
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4. The best part of the article in my opinion is at the end when it states, if you failed, at least you
tried. I was taught that a certain group of people make no excuses for it’s failures, they regroup,
make corrections and try again. No one can imagine how many successful entrepreneurs have
failed on other business ventures. How many times has Donald Trump filed for bankruptcy?
Failure is part of the process, everyone isn’t lucky on their first shot, it may take ten attempts &
the eleventh explodes.
Now is the time to display your creativity and writing skills, let us know what you
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This entry was posted in Empower Network
Tags: entrepreneaur, self employed
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About The Author: Amal
A former latchkey kid leading to being INDEPENDENT, self-reliant, DEDICATED
follow er in my belief, FATHER of 3 men, HUSBAND, somew hat EDUCATED, filled
w ith HOPE, GRATEFUL for life, HUNGRY for SUCCESS, alw ays w illing to give a
helping hand, community facilitator, school board member, experienced in various
industries, ENTREPRENEUR and a MAN STILL ON THE GRIND.
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