Being an entrepreneur can be one of the best decisions you will ever take in life but you don’t just jump into things without knowing why, this post will be listing 10 reasons why you should be an entrepreneur.
1. Be Your Own Boss.
Nothing can be more frustrating than taking orders from the same person all the time. Even if taking orders is okay, what happens if your life depends on taking orders? Failure to obey your boss can kick you out of your job.
Being an entrepreneur puts and end to this and you don’t have to answer or take orders from any boss anymore, you live your life as it pleases you, you do things as you want.
We all have various ways of doing things and what works for me might not work for you, if you are working under a boss your boss can make you do things against your will if he believe that is what works best but as an entrepreneur you don’t have to face all this, you do as it pleases you.
2. Work at Your Own Schedule.
Having a 9-5 job can be very stressful, you have to leave for work 9am every morning and you have no choice until 5pm in the evening, being an entrepreneur helps you overcome this and you can decide if you want to be working from 2pm in the noon till 6pm in the evening, it depends on you.
Depending on how and where your business operates, you can even work at night and sleep at day as an entrepreneur, you can decide to live a different way of life – and this is what a 9-5 job will never provide.
3. No Limit to Your Progress.
As far as working under someone is concerned, there is a limit to what you can be. You can never exceed your boss. Being an entrepreneur helps you overcome this limitation and whether you want to be a CEO or a sales representative, it is yours to decide.
Another thing about working a 9-5 job is that it doesn’t matter how great your idea is and how it can help improve the company you are working for it is up to your CEO to decide, if you offer the advice and it is rejected there is nothing you can do and the company will remain in a low state which will also affect you but being an entrepreneur helps you overcome this. Since you are in charge of your business you will be the one executing ideas and you can determine if you want your company to only have a branch in the streets or be a fortune 100 company.
4. Determine Your Location.
Have you ever thought about working where you want? This might still be strange to you if you work a 9-5 job but one great advantage of being an entrepreneur is that you are able to determine your location. As an entrepreneur you can determine if you want to work in Africa or America but when working 9-5 you have no choice than to work in the constraint of your office.
As an entrepreneur you can also decide if you want to be changing your location every month but a 9-5 job won’t afford you that, the final location can only be determined by your boss.
5. Vacate When You Want.
Being an entrepreneur also affords you the ability to vacate when you want which a 9-5 job can’t afford. You can easily decide if you want to be at home every thursday and friday of the week but a 9-5 job will never afford you that.
Trying to take 3 days leave from your work in one month can even be a problem, let alone doing that every month – as an entrepreneur, that is no problem and you can even decide to take a 10 days off from your business, it all depends on you.
6. Determine Whom You Work With.
As an entrepreneur your business is yours and you can determine if you want to work with friends and relatives or any other person, this a 9-5 job can never afford. If you are working a 9-5 job, it doesn’t matter if your greatest enemy is your colleague, you just have to work together.
Choosing whom we work with is sometimes very important for the growth of a business because you can decide to work with other like-minded people who also have an entrepreneurial spirit and are ready to help you grow, there is just no restriction to whom you can work with.
7. Unlimited Earnings Potential.
There is a limit to what you can earn while working your 9-5 job, it doesn’t matter if your company doubled its income that month you will still be paid the same amount you are supposed to be paid but as an entrepreneur, since you own your business there is no limit to what you can earn, all you need to do is be very creative and look for various ways to improve your income.
8. Freedom of Speech.
If I ask you if you have freedom of speech I am sure you will come up with a resounding YES! If you are working a 9-5 job I can assure you this is not true, you have no freedom of speech!
When working a 9-5 job you can’t just talk to your boss anyhow because talking to your boss anyhow can lead to you being fired (Go call your boss a jerk if you don’t believe this!) but as an entrepreneur it doesn’t matter if you are talking to the CEO of one big company or a 12-year-old boy you still have right to the same words, you are simply not afraid of anybody.
9. Automate Your Income.
Another great advantage of being an entrepreneur is the ability to automate your income. You can easily employ people to help you manage your business while you tour the world but this isn’t possible in your usual 9-5 job, trying to do is you signing your sack letter.
Also, as an entrepreneur your income is not affected by how you work, you can determine if you want to be paid whether you work or not, you can also determine of you want to create your automatic income machine but this is not possible in your regular day job, you have to follow the working guidelines put together by your boss, failure to do this might result in something else.
10. Passive Income and knowledge Stream.
You can decide to spread yourself into as many businesses as you want when working as an entrepreneur but your 9-5 job won’t allow this, you have to be in the office every time, and not only in the office but also doing the things of the office.
One great advantage entrepreneurs have is that they can create passive income streams and also improve their knowledge in so many ways. You can decide to have a big company under your belt while at the same time doing some other business, you are not restricted by anything.
Another disadvantage of working a 9-5 job is that you don’t know much about subjects other than the area you work but entrepreneurs deal with as many businesses as they can and gaining more business knowledge isn’t a problem.
The Reality
Being an entrepreneur beats working the 9-5, you don’t have to sit in one office trying to please another man and you are not restricted to one location, you can work where you want. You also have your freedom of speech and you can say whatever comes to your mouth. In fact, as an entrepreneur you can go on doing crazy things.
|
How to Write for Traffic and Money
Enter your name and email address to download a copy of my free ebook now!
|
|
|
We hate spam just as much as you
|
PDF 
4 Pings on "10 Reasons You Should be an Entrepreneur"
37 Comments on "10 Reasons You Should be an Entrepreneur"
yeah it’s better to work for yourself other than working for others and also there is no restriction and we have a freedom to do anything on the mind…..
Hey Onibalusi, Totally agree with you that the 10 things listed there are some benefits of being an entrepreneur but there is also another side of it that will turn ppl off while they are in it.
Without sounding too long-winded, I just list a few here:
A learning curve
It will take quite a bit of effort in the beginning
Are you passionate enough?
Cheers!
Signing off
Hi Oni,
That’s 10 good reason to become an entrepreneur. In order to be a successful entrepreneur, first you need to have the determination to quit your day time job and focus all your energy into it. I think that’s the most difficult part. Once you decided, there shouldn’t be any way back.
Thanks for sharing this info Oni.
@ Lye Kuek Hin,
It is a difficult decision to decide to quit your day job and focus full-time. With so many job loses lately, it has become an easier decision. I am facing this same challenge now. I have found out that my workplace is being shutdown. I want to work full-time from home but I will not be able to completely replace my current income, at least right away. My end goal is to run my own online business and have the freedom to spend time with my family.
- Rick
Definitely Lye,
I think it is better if your business takes off first – or if you have tons of cash before you quit.
Many people think being successful as an entrepreneur happens overnight and they quit their jobs only to end up suffering.
What do you think?
Thanks so much for the awesome comment,
-Onibalusi
well said bro! that’s why i love flowing with the entrepreneurial spirit! entrepreneurs owns this world take it or leave it. many opportunities are left open for an entrepreneur than being a causal worker in a company that will not add value to one’s life. thanks for sharing take care.
BTW: nice to hear that you’ve reconsidered! big hugs to you man. Tc.
Totally agreed, but just being a blogger makes you an entrepreneur, looks somewhat incorrect. Entrepreneur is one who comes with an original/innovative idea and implements it.
Harsh:
I understand what you are saying and I do not disagree with your definition but I think there are levels of entrepreneurship. I would define an entrepreneur as someone that choose a level of personal, professional or financial risk to pursue an opportunity. Basically it is someone that takes risk to manage or run a business. Leaving a full-time job to start an online business can be risky.
- Rick
I’m with you Rick and I’m glad you took the time to help clarify things.
Thanks so much for the awesome comment,
-Onibalusi
In that way, I agree with you Rick. I am in a full time job and I know the risks of leaving it for blogging.
Onibalusi:
Great post!
I would like to take #1 – “Be Your Own Boss” to the next level and “Be the boss of others”. My long-term goal is to have others doing the work and not me. If I am doing the work, I am still working a job. I want to be a business owner and have others to the work for me.
- Rick
Interesting comment Rick… Here is what my experience has taught me: If you start your own business it is better to work part-time in a job and full-time for you, than to work full-time in a job and only part-time for you. If my own businesses ever stopped producing income or if something happened and my cash-flowing assets were lost, I would not go into a full-time job. Here is the rule of life: “What you focus on expands”. If your most productive hours are focused on a job, then you will get more of a “job”. You cannot start a serious business as thing “on-the-side”. Think about this: If you went to an angel investor and asked him to invest in your new start-up business with you being the sole employee, do you think he would do it if you were in it “part-time”? If you don’t take your venture seriously, neither will your customers, nor your partners.
Alex:
Thanks for the point of view. I totally get what you are saying.
Thanks for sharing with me!
- Rick
Since I’ve actually been an “entrepreneur” (as in “offline business, with employees, etc”) I should disagree with you on “Vacate When You Want”.. When you leave your business – things starting to break. People are naturally lazy and they work very little if they know you don’t watch them… there are all sorts of things going wrong. So, even when you actually say “that’s enough, I MUST get a vacation!”, you leave and as soon as your cell phone gets some signal – you start to get calls about all sorts of unforeseen troubles. During my entrepreneur days I went 3 years without vacation. Entrepreneurship isn’t as glamorous and fun as it seems from outside or portrayed in movies.
Great Slava,
And thanks so much for sharing your valued opinion.
You’re absolutely right when you say there can be more problems during your vacation but I also think it depends mostly on your business model and how it is being operated. You can simply have a manager who takes care of things…or lets say you are a blogger (online entrepreneur), you can write and schedule blog posts for a month and even decide to take a month off.
What do you think?
Great post Oni. There are so many positives with being your own boss. and I also like that I work when I choose to, not when someone else tells me to. Better even than being an entrepreneur….being a successful entrepreneur
Patricia Perth Australia
The location part is really exciting and I’m excited to save enough money towards living in another location, and making money at the same time!
Hey Oni,
I think all of those are great reason for becoming an entrepreneur. It all comes down to having the freedom to do what you want, when you want it. Which makes me think, are there any disadvantages to becoming an entrepreneur?
I only achieved 4:
1. Be Your Own Boss.
2. Work at Your Own Schedule.
3. No Limit to Your Progress.
8. Freedom of Speech.
I should get another 6…
Well… being an entrepreneur sure beats 9-5 job, but still there are certain things you had to take note… and that is…
freedom of speech is probably not one of a good thing about entrepreneur… well of course you can speak whatever you want… but let me tell you this… one wrong word will cause you… your business or your life being destroy… don’t believe me… well is not that I disagree with you but once you get to the point, you will realize freedom of speech is not going to work even for the riches man in the world….
As Jim Rohn says ‘Profits are Better Than Wages!’, you’ll never be free working for someone else, Ent is much better!
I just love to be my own boss and work on my own timings. That’s the reason I am my own entrepreneur.
These are the reasons that made me decide to be an entrepreneur
Hey Oni,
like your post, i found you of recent and think you set a good example to some of us bloggers.
Since i created my blog, i feel more like a boss and i set my own working hour. i never think of seeking for employment anymore.
The best source for knowing features of being a an entrepreneur. I will surely recommend others for this blog.
Great list of reasons… I will probably print it out and put in on the wall so I will know why I am doing this.
First Congratulations are in order for your great achievement here @ http://www.seekersfind.com/top-1-year-old-blog-in-the-niche-of-blogging-tip.html
In reply to your post I love what I am currently doing, and that is full time online. To achieve – slow, but perseverance and being stubborn I will succeed. Got you on my bookmark to visit….
There is no doubt that being an entrepreneur has its own benefits. The flexible free time you have is a great pro definitely. And still in my opinion there are cons as well. The freedom you are given can prove the biggest of them all. It is easier when someone tells you what to do and guides you. Things get trickier when you are your own boss. In that case, decisions are life or dead and a wrong move can ruin the whole undertaking.
Exactly Daniel,
Many people misuse the opportunity of the freedom they have and make it their excuse for being lazy…one of the many characteristics of an entrepreneur is you have to be principled, the entrepreneurial lifestlye is just to free to destroy you if you’re not careful. Your income is coming from somewhere (your business) and it wouldn’t help taking your business with levity because you have no boss.
I think the best thing about being an entrepreneur is that you can do something that you really enjoy. Whilst many entrepreneurs maybe work a lot more than the standard 9-5, they are working on things that they enjoy. If you enjoy something, your definition of work changes. It becomes fun – like a paying hobby!
even i was thinking of leaving my job but these points are really good and impressive
“Work at Your Own Schedule.” Ya, this is a good point. We need to do the work without pressure but do it following the plan.
Hey Oni,
All good reasons to be an entrepreneur. The other side to the reality is that it takes hard work and dedication. Patience is important because success won’t happen overnight. All-in-all, it does beat the 9-5 rat race any day.
I thought the best thing about being an entrepreneur is that you can do something that you really enjoy and freedom.
I fully agree with you. We can quit 9-5 job
Really good reasons. You should do a follow-up post with 10 reasons you shouldn’t be an entrepreneur to highlight the various difficulties facing entrepreneurs today.
I totally agree with you its better to work for yourself rather then others without any freedom or sense of creativity.
Nice article