In this tricky economy, it feels like the average worker is constantly teetering on the precipice—a mere shove from falling into a pit seething with wolves. There honestly hasn’t been a better time to consider giving up your corporate obligations and striking out on your own. Of course, talk is cheap and the real world is merciless, but there really are a lot of good reasons why you should start your own business.
Working for yourself and/or starting up your own business can be tricky, but when you hold up the advantages to the current state of your life, you may discover that the benefits actually outweigh the risk. Besides, controlling your destiny is immensely rewarding. Here are five good reasons to start up a business.
A relatively flexible schedule – When you work for yourself, you’re in command of deciding how your time gets spent—especially if you work from home. This makes running your own business ideal if you have a family. Mind, that’s not to say that you work fewer hours when you run your own business; rather, it means that you can shift your day around to suit your social needs, though that might be a little trickier if you run something like a small store. Regardless, you will no longer be beholden to the typical 9-to-5, a nice change of pace if you dislike predictability.
There’s no motivation like being your own boss – People that work in the corporate world often complain about being a “cog in the machine.” They’re not often granted a sense of accomplishment, and they don’t always recognize their work in the final product (provided a final product even comes into fruition). But when you work for yourself, you’re directly in charge of what you do, and what you make. It’s extremely fulfilling to finish up a product or an assignment, then lean back and recognize it as your very own work.
Save money on commuting – Running your own business usually means falling outside the 9-to-5 day, which, in turn, means no more lurching along the highway twice a day during long commutes. You’ll save money on gas and car maintenance—and you’ll feel a lot less stressed out, too.
You’re responsible for your own security – Full-time jobs and job security are shrinking like so much arctic ice. You can’t depend on your employer for a pension, insurance, or bonuses anymore (certainly not for years at a time, as was the case fifty years ago), so you may as well take your fate into your own hands and run into the fray with all of your passion.
Do what you love – You’re presumably not going to start a business just to do something you despise, so there’s your number one motivator: If your run your own show, you can do what you love day in and day out. That’s not to say you’ll never have your off days, but running your own show will go a long way to making you a happier camper.
Need more convincing? Here are more reasons to start up your own business:
10 Reasons to Start a Business This Year at the Wall Street Journal
Top 10 Reasons to Run Your Own Business at Inc.com
10 Reasons to Start Your Own Business at The Business Insider