15 Compelling Reasons To Start A Business After Leaving The UniversityPHCS
Starting your own business may be a leap of religion. It requires pushing out of your temperature and trying something new. If that idea excites you, why wait around? You’re able to take the leap and be the CEO of your OWN COMPANY.
It’s a lot of work and there are some risks, but the potential for rewards is huge. If you’re not convinced yet, here are 10 of the simplest reasons for starting your own business.
Below are 15 Reasons Why You Start A Business After Leaving the University
Reason #1: Start a Business so that Each day at the office will be motivating.
When you’re working for somebody else, it is often tough to seek out the motivation to try to do the simplest possible work. No matter what proportion of work you set in, the owners of the corporate will get the last word rewards.
When you’re your own boss, you’ll find motivation at work every day. Following your dreams is exciting, and you’re on top of things of your own success. The day-to-day vitality of your business depends on you, so you’ll be driven to form every day as productive as you’ll. You’ll know that your own diligence and drive will assist you to reap the rewards, and that’ll keep the heart burning in your belly to form every day count.
Reason #2: Start a Business so that You’ll be following your passions.
Many entrepreneurs start their own businesses to follow their dreams and fulfill their passion. Following your dreams will fulfill you in a way that working for somebody else might not do.
You are responsible for making your business from the bottom up, so you’ll shape your company to be something you’re pleased with and you’ll even be ready to expire to your children as your legacy.
Reason #3: Start a Business so as Work on things that interest you
When you own your own business, you get the freedom to work on projects that have meaning in your life.
Reason #4: Start a Business to Make more money
As an employee, there are limits to how much money you’ll make. You are defined by an item in an accounting ledger, “An entrepreneur who starts his own business can break away from this actuarial perspective and redefine the worth he brings to the market,”
Reason #5: You can start from scratch.
This is your business! You make the rules. You’re not restricted by the standards and procedures of your boss or corporate culture. You can offer a product or a service that matches your vision. You can also build your company consistent with your own ideas.
Maybe you’ve thought of a way to make processes more efficient. Maybe you would like to form sure your employees get fair wages and family leaves time. Whatever problems you’ve encountered within the working world; you’ve got an opportunity to try to do something different together with your own business.
Many entrepreneurs say that when they’ve sampled the liberty of being their own boss and calling the shots at running their own company, they’d never want to figure out for somebody else again.
Reason #6: Start a Business to have Job security
While some people would argue that working an office job in the 9-5 world has more security than starting your own business, we believe, starting a company that helps people earn money outside of their day jobs, says diversifying your income with various clients may be a smart play.
Reason #7: Start a Business to Surround yourself with good people
Starting a business means you get to pick the people you ‘reemployed with. “You have complete control over not only employees and vendors but most significantly, clients. You can hire or fire people supported by your own guidelines and work only with people that are an honest personality fit,”
Reason #8: Start a Business to become an expert in a broad range of skills.
Part of running your own business is learning to wear tons of various hats, especially early. You’ll need to devour tons of the latest skills, from Human Resource (HR) decisions to inventory management to customer service. You’ll soon become a professional in your own industry, also as a professional at a spread of latest skills you’ll learn on the work.
As your business develops, you’ll still devour new knowledge and skills. You’ll skills every tiny aspect of your operation works. You can’t get that sort of experience anywhere else.
As your business grows, you’ll prefer to continue manning the helm for those tasks you enjoy – whether that’s graphic design or accounting – but you’ll outsource those tasks that you dread. You can also turn those skills into new tasks. Who knows? You may even want to start another business!
Reason #9: Start a Business to Take on a career in a completely different field
If you’re ready for a 180-degree career change, you’ll make it a reality by starting your own business. “It’s a radical departure from what i used to be doing, but taking that leap gave me an excellent new career and therefore the flexibility to figure from home and be near my three kids,” she says.
Reason #10: Start a Business to Turn your vision into Reality
Have a great idea for a business? Turning that concept into an actual thriving business is sort of rewarding, “If you think in your business model and it’s something the planet needs, starting a business is an effective way to ensure your vision is achieved,”
Reason #11: Start a Business to Be the boss you’d Want
We’ve all had a terrible boss or two, but launching your own business allows you to be the type of boss you’d wish to work for.
Reason #12: Start a Business to beat a layoff
Many people start a business after losing employment. That was the case for Peterson who founded PET Ltd, a co-working space designed around teenage entrepreneurs after she was laid off. He quotes “I ventured into entrepreneurship in 2003, once I fell victim to my third layoff within a six-year time span,” she says. “I started my very own business and haven’t looked back since.”
Reason #13: Start a Business to Spend longer together with your Children
Working a traditional job takes up tons of your time. Add overtime and commute time to a traditional eight-hour workday and therefore the time left for your family is fairly limited.
That’s why Mia Alexas CEO of Mia Ltd stated “My husband and I wanted to be home with our two boys as they get older so we started our business,” he says. “We definitely didn’t want to be tied to a 9-5 job and perhaps be ready to see our youngsters for a couple of hours each day .”
Reason #14: Start a Business to make a legacy
Launching your own business means you’ll have something to expire to your kids, says Abang James CEO of FED Ltd “If you’re a doctor, plumber, or busman, it’s hard to imagine you passing your career on to your loved ones,” he says. “But if you own your own business, that’s something you’ll expire to a subsequent generation. And be pleased with it, because you created it.”
Reason #15: Keep somebody else from taking your idea
If you sit on a business idea, somebody else could come along and maximize it before you are doing it.
Bonus Reason #16: Own your decisions
How many times has your boss made a choice that you simply disagree with? Running your own business means you create the choices. whether or not they are good or bad, you’ll stand by your choices, Kent Mavis founding father of the Kent Laudary services ltd states “Being an entrepreneur means making your own choices, if you fail it’s on you, but if you succeed it’s due to you,”
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