5 Reasons to Quit your Job and Start a Business
Leaving a secure job in order to start a business is a scary thought for many people. While it is true that many things could go wrong in business – all that it takes to achieve tremendous success is to just get a few key details right. The only things stopping you from owning your dream home and driving fast cars are the negative thoughts and assumptions which cross your mind every time you consider starting a business. Besides, the worst that could happen if things don’t work out is that you would have to go find a job. That’s it.
Let’s look at 5 reasons why starting a business is a risk that is absolutely worthwhile.
- Unparalleled freedom
Being a business owner offers freedom that is unimaginable while employed. You get to set your own schedule, take instructions from no one, apply your own principles and ideas, take vacations as you please, etc. You are the captain and the business growth strategies which you choose will determine the success that will be achieved. While employed, you will have to abide by the rules created by people above you – forever.
- Limitless earning possibilities
Unlike regular jobs, a business gives entrepreneurs unlimited earning possibilities. You could earn $10,000 or $100,000 in a month. You could also earn millions in a month. It all depends on the business’ performances – which happen to be headed by you. That level of responsibility and ownership makes you more inclined to work even harder because as the business is growing, so is your net worth.
Take a look at all the wealthy people in the world, the self-made millionaires and billionaires. They did not get to where they are by pleasing their employers; they built business empires by adopting the fundamental principles for success. While you are employed, it does not matter how successful the company is, your monthly compensation will always be regulated.
- Unleash your creativity
Unlike regular jobs, a business gives you the ability to recreate your ideas and imaginations. You can decide how you want the products to be marketed, how the offices should look, what colors to feature on the logo, the dress code, etc.
Starting a business allows you to unleash all your creativity and implement anything that seems practical. Your ideas can be reflected on every internal and external aspect of the company. This luxury does not exist while employed. Here are some practical business ideas that you can start with little capital.
- Chance to leave a legacy
When you are building a business, you are not just building a money machine, you are building a legacy; something greater than yourself. You are building an entity that will create job opportunities for other people and improve the community as a whole. You are building something that will uplift the lives of your family members, relatives and friends; and your name will forever be associated with its success. Starting a business gives you the opportunity to leave your footprints in the books of history.
- It is actually not that hard to do
Unlike formal employment, being a business owner is obviously alot riskier. But with the risks come the possibility of unparalleled rewards which could significantly enhance the quality of your life. If you decide to undertake this journey, then you will need to open up your mind to learning and improving on a daily basis.
Mistakes will be made – a lot of them, and there will be some testing times, but it will all be worth it. It is a game of patience and persistence after all. The potential of flying private jets, creating jobs for your community and living the life of your dreams lies in the decision you make; to do it or not to do it. Remember that the worst case scenario is that you could just go find another job. If you are in any way ambitious, then the reason to quite your job and start a business is so that you can directly chase after your dreams.