There is No Better Time Than Now to Start a Business | Here’s Why!
There is No Better Time Than Now to Start a Business: The motivations that lead people to create a business are many, but most crucial aspects leading to successful entrepreneurship include:
- Self-realization (making the dream happen)
- desire for independence
- Autonomy to make decisions
- Make Money
- Seeking new challenges (career change/post-career/retirement)
- Lack of alternative (loss of job)
Which of the above motivations apply to you? If you’re looking to start your own business, we’ve presented below some reasons to start a business that can help you find a reason to move forward and become a successful entrepreneur! Keep reading:
What does it take to open your own business?
First, let’s talk about what you don’t need. You don’t have to wait forever to get started, you don’t need to have gone to college and you don’t need a partner either.
Some business opportunities only require knowledge, such as consulting, providing electrician services or brokerage services. And also a touch of dedication!
What you need now is to get out of neutral, put it in gear and start! Don’t start by opening the business. It would be like building a house through the roof. Start by putting together a plan, even if you don’t open the business for a year or two.
Reasons to Start a Business
Control your destiny
This is one of the parts which you like the most when it comes to reasons to open a business. Good or bad, it’s up to you to decide what to do, so if something doesn’t go so well, you can quickly change course and measure the result again.
Choose the people to work with
Research indicates that 84% of new micro and small companies have up to 5 employees. So know that you probably won’t have to select many people to work for you.
But that can be good too, because you can choose them taking into account your preferences, but always in mind with the person’s skills according to the position to be occupied, of course.
Do what you like
This is one of the good reasons to open a business! If you spend 8 hours at work, out of the 24 you have in your day, that’s a third of your life that we spend working. If you don’t do something you like, how do you continue? The worst part of it all is that you will most likely never be as successful doing what you don’t like. So bet on your company, and start doing it from something you have affinity with.
Get more agility
In your own company, you are the one who decides what and when to do each thing. In a simpler system due to the size of the company hierarchy, it is usually the owner and subordinates. As the owner is always aware of what is happening, it is much easier to make quick decisions. In a larger company, there are many meetings and explanations until a consensus is reached.
Relate to people
Especially in smaller cities, the owner of a business ends up having a lot of involvement with society. It’s a customer you meet at a fair, at the bank or on the street, and that ends up developing into a friendship.
Pride in creating something
This part is also amazing. It’s really nice when you look at something that was just in your head before, and that came out of you to become a real company that you can be proud of. You look at it and think “I was the one who created all this”. And it is this pride that also keeps him motivated to overcome challenges and grow.
Freedom to do other things
Freedom doesn’t happen as soon as you start your own business. In fact, in the beginning you will probably work harder than if you were employed. That’s because you need to put things to work, have the right people in the right places.
But after everything is aligned, setting up your business can be a great way to have more freedom to do other things.
Make more money
In the first few months of a good business, you may earn less than at work. However, if you do your homework and have a good business plan, then in a few months you will start to reap the rewards of your efforts.
Use your creativity
By becoming your boss you gain more responsibility, but also a lot of freedom to create and test ideas in your company. Creativity is one of the desired characteristics of entrepreneurial behaviour.
If you are very creative and want to set up your own business to exercise this skill, just be careful not to buy a franchise. You can end up frustrated by not having complete business autonomy.
It Might Be Easier Than You Think
Often our preconception of what something might be is much worse than it really is. In these cases, our biggest challenge is to overcome ourselves and get out of inertia. Many times we find ourselves thinking how painful it will be to do something.