Now more than ever, thousands across the globe are making the leap to self employment. It's a pursuit of success that has very tangible and excellent rewards, with a healthy dose of risk. While not the best choice for many, it remains a risky but exciting and highly rewarded option that is available in greater amounts thanks to the advancements of our digital age.
With our economy on the rise and business booming in many areas, now more than ever is an opportune time to make the move and strike out to pursue the business of your choice. With the internet making start-up costs lower than ever before, the flexibility and range of options able to be utilised by entrepreneurs is a resource to be utilised as best as possible.
But why exactly is it such a draw? Why do so many people make the move of quitting the enviable safety of their employment to start a company of their own? There's a few very legitimate reasons that we'll go over right here.
Your time is yours to use how you wish to use it
This is one of the biggest. Being able to set your own hours and not work to the standard of 9AM to 5PM is a liberating feeling and is one that opens the door to many new opportunities in the lives of those who pursue start-ups
We are all different people and we all operate in different ways. Some of us are well suited to employment that provides steady and predictable hours such as the nine to five. Knowing yourself is a powerful ability to develop throughout your life and if you are the type that prefers this then you will thrive and reach your peak of success within that environment.
Others may be different, however. The ability to work when and where you please can suit the personalities and mindsets of certain individuals, freeing up creativity and drive to reach the limit of their potential. As such, having your own start-up might be the ticket for you!
Coming up short in your planning phase?
Start-ups don't come cheap in some cases. If you have identified your requirements and are short on capital, consider coming to us for financial assistance. Our reasonable terms and great support could be the ticket to your future as a business owner.
We're all guilty of the grumps when it comes to the workplace! The infamous boss who breaths down your neck or interrupts your skilled and specific work.
While there is great merit in the resolving of issues and confrontations in the workplace with the goal of a mature and balanced personality, the fact remains that for some they are more suited and efficient at being their own boss. This can be to do with personality, with natural leaders and trailblazers working at their peak when they call the shots and determine the focus of them and their teams efforts.
While it can be a rude awakening to realise that you are the start and end of your success and failure, taking absolute ownership of your future is a powerful part of life and is often one of the most transformative elements in the careers of the successful.
Not one to be left out! The increase in profits seen by working for yourself can be a life changer. It's an obvious fact that working for yourself means there is no middleman taking a part of the profits.
Although there is risk in self employment in that your profits will be more erratic, it is without question that you stand to make a significantly higher amount of money through running a start-up Not only are you in greater chances of increasing profits, you have direct control over how to release those as income for yourself or to alternatively reinvest those into the future of your business. This level of strategic control over your start-up's future and your own income is a balancing act that is relished by the entrepreneur and is a large part of the power of start-up.
