Self-employment isn’t always an easy path to follow, but neither is working at a job you don’t care about.
So if you are tired of the 9 to 5 and you need some convincing on the benefits of becoming your own boss – here are 6 reasons why you should work for yourself.
This is probably the most common driver for entrepreneurs, the idea of waking up and working on your terms. No more sitting in traffic, being chained to a desk, and working the dreary 9 to 5. When you work for yourself, you have the freedom and flexibility of working wherever and whenever you want. With all the technological advancements we have today, it allows you to travel and have more freedom in your day to work the hours you want to work.
2. Find Your Passion & Purpose
Most of our lives are spent working and when you hate your job, that negativity can affect your personal life as well. Working for yourself is a good way to stay motivated while finding your passion and what you love doing. There isn’t a better feeling than waking up on a Monday morning with excitement versus dread!
Work-life happiness comes when you find yourself doing meaningful things. You are working for a purpose and know that you are making a difference.
3. Earning Potential
When you work for someone else, your earning capacity is limited and there are often no extra incentives for the work you do. When you work for yourself, you can make as much or as little as you want; the earning capacity is limitless.
Most millionaires and billionaires are self employed and/or have founded a business.
4. Answer to Only Yourself
Instead of having a boss that may undermine your decisions, you will have only yourself to answer to. You can be more creative and will more than likely be more motivated to work even harder. No more strict deadlines, working long hours for someone you don’t like or being told you can’t take time off when you want to.
5. Gain Resilience
Working for yourself allows you to grow and learn over time which allows you to become much more resilient in business as well as your personal life. All successful entrepreneurs will face failure at least once in their lives, without failure you have no learnings, and this is the key to success; fail fast, learn and keep going. Resilience is not taking the failures personally and stewing on them.
6. You Can Create Jobs
If your business is a success you can hire people to help you grow. You will be helping others to pay their bills, feed their families, and make a decent living. Growing a business with numero uno is hard, so hiring people to help you wear some of the hats within your business will benefit your business and the economy.