14/07/2016
WHY YOU NEED TO START YOUR OWN BUSINESS
Dear Future Entrepreneur,
If you currently have a job, It’s common to think you’ll always be financially secure and chances are, you might be right; but hey this is life we’re talking about.
Sometimes Life happens, people get fired, companies go broke, pension funds shrink, the only thing you might have left is your skills, knowledge and experience. These are the assets that can dig you out of any hole. But what if these assets can’t help you find another job or solve your financial problems? What else would you do?
I’m sure sometime in your life you have thought of starting a business or second income stream in order to finance some of your dreams, necessities and goals. But for some reason, you have kept yourself from doing it because of fear of failing, fear of rejection, lack of skill or knowledge or resources. "I have a friend that has been talking about starting a business for the past 5 years. As you might have guessed it, 5 years later, nothing has happened.
I see this scenario every day, with different people, in different areas of life. From an outsider looking in, it may seem daunting and impossible to start your own business. But It’s not. Plenty of people with lesser skill, resources and time, from all walks of life and of all ages have gone to live the life they’ve always dreamed of by simply putting one foot in front of the other. Like anything, entrepreneurship can be a taught and learned skill."
Below I want to share with you 8 compelling reasons WHY YOU SHOULD START YOUR OWN BUSINESS TODAY:
1.TO MAKE MONEY
A business has the ability to make you rich more than anything else in this world. For a moment, think about what you are wearing, what you eat, where you stay, the cellphone you use, the lotion you applied on your body this morning, the car you drive or wish to drive, and the banks you have entrusted your money to; you have to admit that our very lives depend on businesses. 80% of all people’s problems are related to money. “They think and worry about money when they wake up in the morning, while they’re having breakfast, and throughout the day. Most worry, stress, anxiety and lost peace of mind are caused by money worries. Many health problems are caused by stress and worry about money. Many problems in relationships are caused by money worries, and one of the main causes for divorce is arguments over money.”
For a moment, think about how your life would be like if you had all the money in the world. Think about all the problems that could be solved if you had all the money you needed today. Would you still be stressed, worried or anxious? The truth is, money improves the quality of your life.
WHAT CAN MONEY DO FOR US?
- GIVE US FREEDOM OF CHOICE: The Power to choose where to live, what to eat, what to wear, what to drive, who to help and what to spend on.
- PROVIDES CERTAINTY: Your life is not left to chance. You will almost, always determine what you want and how you want it to be.
- MAKES LIFE EASY: Have you ever noticed how hard life is when you have no money? If you haven’t experienced it, try to be broke for just a week and see how it goes with you.
- MAKES US HAPPY: Remember the saying “money can’t buy you happiness?" Well, neither does being broke. Money can certainly make you happy in many ways, just think about it
- SOLVE MOST OF OUR PROBLEMS: Money can solve almost all of your problems. How you may ask? If you are sick and need medical attention, what is it that you need to cover medical your bills? The food you buy, the electricity you use, you or your children’s education, the loan you took, all these things need money. If all your problems were to be solved today, much percentage would money play in solving those problems?
- PROVIDES SECURITY: Having money makes you feel secured, knowing there is nothing that you cannot afford to pay for.
- GIVES US MORE TIME: more time to spend with the people you love like a spouse, family, friends and relatives; do things you love and go anywhere you wish to go.
- IMPROVES OUR HEALTH: Having money can improve your overall health. It can reduce your anxieties on payment of bills, loans, medical expenses and other costs of living.
When business is done wrong, you can lose everything; but when business is done right, it can take you from rags to riches. Money is what a commercial business makes, and profits are what make a business continue to exist even 100 years after you are gone.
2. TO CREATE YOUR OWN JOB SECURITY
“If you have skills in an industry that’s in demand, there’s no excuse for not starting your own business. You never have to worry about whether or not you’ll be laid off when you start your own business, whether you’re up for promotion, or whether you’re going to be automated out of your job—because you’re the boss. As your own boss, you have another advantage, too. Not only can you not be laid off, but you can take control of your company’s decisions. You can move and change with the times. Many companies fail because they fail to evolve, and as a mere employee, there’s little you can do about that when you’re employed by someone else. As an industry leader, in charge of your own company, however, you’ll have the resources and decision-making capability necessary to stay current and competitive.”
3.TO CREATE A LEGACY
“Starting your own business gives you a chance to tell your story, to employ yourself, and to prepare for your own future. But it does something else, as well. It gives you the chance to create a legacy for your children, and their children. You’re starting from scratch, but they won’t have to. Your small, hard won successes today can lay a foundation for the future of your entire family line. You might make a great salary now, but your inheritance can be so much more than just money; it can be a way for children to make their own way in the world. An established business isn’t all you can leave behind, either. You’ll be setting an example, on that tells your children that that their success is up to them. Luck and chance can go in any direction, but determination, resolve, and responsibility are the real recipe for a fulfilling life.”
4. TO CREATE JOBS
“If you’re not part of the solution, you’re part of the problem. The job market is not looking good these days, and starting your own business can create job security for more than just yourself. Have an innovative idea, or a new strategy that’s going to take off? Instead of feeding it to your boss and letting them take credit, be your own boss—and find the right talent out there to join you on your path to success. Small businesses create jobs and forge strong bonds in revitalized communities. Be a catalyst for change in your own community.”
5. TO MAKE USE OF YOUR SKILLS, KNOWLEDGE AND ABILITIES
“Maybe right now you dabble in graphic design, and love it, but that’s not what you get paid for at your job. Well, in your own company, you can take on as much of that responsibility as you like—and get paid for it. And don’t forget those tax benefits—they’ll come in handy when it comes to training and taking classes in those subjects in which you want to become an expert. Get and keep your certifications up to date, create a portfolio, and find out just how much of an expert you’re truly able to become, given the opportunity. And the best part? As a business owner, you’re not depending on someone else to hand that opportunity over; it’s one you can give to yourself.”
6. YOU CAN INSPIRE OTHERS
“Right now, you’re digging deep to find the inspiration to strike out on your own. And it’s quite likely that you’ve turned to others and their inspiring stories of success to provide you with motivation. Won’t it feel great, one day, to know that your story inspired another go-getter, just like yourself? Recognition, as described above, is about being recognized by many for making a big impact. But sometimes the most important impact we can make is much more personal. Inspire the next you, the next genius, the next tycoon—and start today, by putting your business plan into action. You’ll move from looking for mentors to becoming one, and that’s an incredibly rewarding feeling.”
7.YOU CAN CREATE YOUR OWN BRAND
“You have an eye for design, or for functionality, or for gadgets, or for fashion—you know what people want, and you can’t help but critique the mistakes you see made in your industry of choice. You sigh at the decisions your boss makes, when you’re positive your plan would be better received. That’s all well and good—but it’s time to realize that you could be correcting all of these mistakes, and making your own vision a reality. Think that’s impossible because your boss would never approve your ideas? It’s more than possible—when you’re your own boss. Create your own brand, and do it your way—find out if your muse has been right all along. And when something doesn’t work, it’s only an opportunity to fine tune, improve, and create something even more exceptional. Don’t be a slave to the whims of a company that doesn’t care about you; take responsibility for your own success and create a product, service, or experience that people will love.”
8. YOU CAN CHANGE YOUR OWN COMMUNITY AND THE WORLD
“Sounds a little on the dramatic side, doesn’t it? But it really isn’t. You absolutely can change the world when you start your own business. Being a small business doesn’t mean having a small footprint. And some of the most influential companies today started out small—look at Facebook, started in a college dorm. It’s gone on to reshape the way people think about socializing, to change the very manner in which people live their lives. Google started small as well, and no one can deny that it’s changing the world. Even if your venture doesn’t become a mega-company, however, that doesn’t mean you’re not in a position to change the world. Creating something lasting, something that shapes your future, the future of your family, and the future of your community is very much an opportunity to change the world itself. Who knows how much of an effect your ideas and goals can have? Only you—and you can only find out by taking the leap.”
Final Word…
“It’s time to take action. Take a small step today. Whether it’s making a list of potential businesses you might want to start, registering your Company, or picking a phone and getting more information, your journey will begin with just one step. Everything starts as nothing. It’s easy to look at the world’s largest companies and think, “I could never start something like that.” And you’d be right.
Most of these companies took decades to get where they are today. They didn’t start by trying to create Amazon, Apple, and Google. They started by creating an online bookstore, a computer, and a search algorithm. Whether it’s a garage, a basement, or a dorm room, every business has humble beginnings. It’s not about where you start. It’s where you end up.
Set some small goals. Congratulate yourself for meeting them. You’ll find that small goals soon become larger ones, and those will set you on your path to greatness. The reasons above are motivation enough—but surely you have your own, personal reasons as well. Ponder those, and you’ll come to the inevitable conclusion that the only sensible thing to do is follow your dream.”.
Research has shown that, 60% of people reading this article will not act on it. 30% will contemplate and only 10% will see this article as a wake-up call and start doing something about it today. Which category will you fall under? At the end of the day, 5 years from now you’ll wish you had taken action, regardless of whatever it is, it has the potential to change your life.
IF you enjoyed this piece of information, kindly forward it to your colleagues, friends or family. Should you need any assistance getting started, leave your comment below
JT
