Reasons why you should start an enterprise of a smaller size

Reasons why you should start an enterprise of a smaller size


In the past, as the entrepreneur movement was taking over the nation, Time Magazine published an article on Generation X and entrepreneurship. A man in his 20s stated to the magazine that he would like to pursue to become an entrepreneur, so that he could be a part of the game of golf. I still laugh about that. It is not a good idea to begin a business in order to get more time. Being a small-business owner is one of the most challenging things you could ever do. It is best to expect to spend less time than you do. Here are some common motives for starting a small business.

Common reasons to start an entrepreneurial venture

You are actually a "born" entrepreneur

While not all business owners have an entrepreneurial streak, a few do. I once spoke to one man who said he became an entrepreneur because he "couldn't find a job." If you are averse at following orders or continually look for the "better way" to do something it's possible that you have entrepreneurial impulses running through your genes. While you might not succeed, it does mean that you're more likely to take a risk than work for somebody else.

The sky's the limit!

Although there is no guarantee that your business will make you wealthy, for some people, minorities, and women particularly, having a business offers them a chance to break that proverbial glass ceiling. Entrepreneurship can be a powerful equalizer. If you provide an item or service that customers are looking for at a cost they're willing to pay, most won't care about your gender or race.

Your destiny is yours

If your sales team is having a bad year and it's a result, it could lead to you losing your job. There will be mistakes to make as an owner of a business. But conversational tone are your faults and you are able to repair them.

Your time is your own

Although owning a business doesn't provide more time however, it does allow you to make your own schedule. You are able to take days off, and return to work at 3:00 a.m. without asking permission.

Big dreams are your reality

Many "doers", however, begin as dreamers. George Bernard Shaw wrote: "Some...see things as they are, and then ask why. Entrepreneurs dream things that have never happened and then ask why they aren't." A dream however, isn't enough. It is important to turn the dream into a reality that has deadlines, tasks and accountability.

Following your passions

Be sure that the things you're enthusiastic about are solid enough ideas to become profitable business. Just because you love something doesn't mean other people will as well. Research to determine if there is an audience for the goods or services you're strongly about creating and selling.

You're unemployed

The rise of entrepreneurs in the 1990s was fuelled by professional workers who were laid off in the nation's first white collar recession. To sit and watch the economy improve, people who couldn't find work started their own companies. But the subsequent technological revolution, including affordable technology and the advent of the internet, turned many temporary businesses into successful full-time ventures.

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