Many people dream of starting their own business and becoming their own boss. But accomplishing this dream can often be challenging and extremely time consuming. Nevertheless, if you do have the drive to start and run a successful business, here are some of the reasons I’ve loved being an entrepreneur.
It’s All Up To You
For starters, when you build your own business from the ground up, you are in control of everything. You get to make the executive choices on the logistical and creative decisions that go along with starting a business. So stay true to yourself and pick things that are exciting and innovative to you and your passions.
It’s On Your Time Table
No longer do you fit the schedule of a 9 to 5 job. Instead, you call the shots and decide when and where to work. If you need the day, you can work at night. And if you need a few days off for some TLC, no worries—you determine the way your time is spent.
It’s Your Money
In the past, your position’s pay bracket at work defined you. But when you run your own business, you reap the benefits, or downfalls, of your business’s success. Although not having a steady salary package is intimidating to some, being able to progressively increase your profit can provide a faster cash flow.
It’s Your Brand
Create a brand that is representative of your business and, more importantly, of you as an entrepreneur. No one can take away the brand you create for yourself so make it something that reflects your values and beliefs, while also contributing to a better world.
It goes without saying that adopting an entrepreneurial lifestyle has some serious benefits, but it’s important to know that this lifestyle is not for everyone. Test out the market and read up on other entrepreneurs and how they became successful. See if you can handle being your own boss, with all the good and bad that can come with being an entrepreneur. Have any entrepreneurial perks to add to this list? Tweet @StarterNoise telling us all about it!
Derek Rundell, is a successful business leader, operator, and serial entrepreneur. Derek has founded, managed and sold businesses in the technology, media and finance industries. He sits on several boards and serves as an advisor/investor to numerous established businesses and startups. Startups are Derek’s real passion, and in addition to building his own portfolio of technology, media and financial ventures, he invests in and mentors startups and entrepreneurs. He is passionate about sharing his knowledge and helping other businesses succeed.