Thinking of starting a business?
If so, you have probably weighed up the pros and cons yet still have as many doubts as you have dreams.
There are many reasons to start your own business; be your own boss, work to your own schedule and pursue your passion being chief amongst them. But you can read about them anywhere on the web –so let’s take a look at some other reasons to start your own business.
A new lifestyle
The principle reason people give up the 9-5 grind is because they have become disenchanted with their work and in many cases, life in general. Becoming an entrepreneur and setting up your own business enables you to breathe new life into your existence in various ways. Of course, this depends on your business ideas and commitments at home.
Some sole traders for example get more opportunity to travel and meet new people. Even putting a marketing strategy together can be a change which offers hope and excitement. If you have a family you can change your work schedule to fit in with family values and spend more time with your children – which for many executives is a massive change in lifestyle.
It depends on the size and nature of your business, but everyone has the potential to help others. This may be something as simple as offering a service or product that is not widely available or creating jobs for others. Depending on your success and ambitions you may find yourself in a position to give something back to the community.
Connect with the small business community
If you are a small business it is imperative you connect with other small businesses in your community and online. Regardless of whether you are a B2B or B2C company, small businesses need to support one another against multinational companies that consistently put pressure and restrictions on the little man.
Being your own boss gives you the chance to attend local events where you can network and promote your brand. This also gives you a prime opportunity to keep money in the local economy rather than in the pockets of multi-nationals. You never know, you may even find a new circle of friends.
Leave a legacy
Everybody harbours ideas of being remembered when they die and whilst it is not possible for everybody to be remembered in the annals of history. Entrepreneurs however, have the opportunity to live on through your business. Not only are you leaving a financial legacy for your children, if they want to follow in your footsteps they have a ready-made career and will hopefully take your business to the next level.
Living overseas is another dream most people cannot fulfil, but you have more opportunities if you have a business that provides jobs to local people or work for yourself in a creative field where all you need is an internet connection. Exploring the world and experiencing different cultures enriches your life and if you can make money doing it you can live abroad and start a whole new life for yourself.
If you are seriously thinking of starting your own business and need help and advice to set he wheels in motion, give Gordon Ferguson a call today and we will be happy to help.