The following article is from Mike, our staff writer.
Not everyone is cut out to be an entrepreneur. Many people don’t want the added responsibility of creating a business plan, keeping the books, hiring employees, dealing with vendors, finding new customers, and the myriad other details that business owners have to take care of on a daily basis.
Some people would rather just get up in the morning, go to work, and punch out at five o’clock every day. They are perfectly content being an employee and have no interest in starting their own business.
And there’s nothing wrong with that. You know how the old saying goes…
Different strokes for different folks.
Just remember that by passing on the entrepreneur lifestyle, you’ll be giving up a few benefits that most employees don’t get to enjoy. For example…
When you’re locked into a nine to five job, you don’t have much freedom or flexibility in how you spend your time. You spend the day chained to your desk and following your manager’s direction.
But entrepreneurs have much more freedom both in terms of what they do and when they do it. If you’re the boss, you make the strategic decisions rather than having orders handed down to you from above. Plus you get to make your own schedule with as much flexibility as needed built in.
For example, if you are a freelance writer you’re able to work at your own pace. Of course you have clients and deadlines to meet, but as long as you get the job done you can write whenever is convenient to you. If you want to take a day off, that’s your decision.
2. Correlation Between Work and Reward
One of the things that frustrates me most about corporate jobs is that there is often no correlation at all between the job you do and the reward you receive.
In my company, raises are all standard across the board and you have to be a superstar just to get a half percent higher than everyone else. When you think about how much effort is needed for such a paltry raise, it really doesn’t seem worth it. Why bust your butt so the VP in the corner office can get all the credit?
On the other hand, when you’re an entrepreneur there is a more direct link between effort and reward. For example, a graphic design artist who gets paid to create website headers and ebook covers knows that the more projects he completes the more he will get paid. That can be a great motivator to keep you plugging away at your business.
I don’t hate my day job but I don’t find it particularly fulfilling either. Most people I know feel the same. Work is work. It’s what you do to pay the bills.
But it doesn’t have to be that way. Starting a business or creating a product that you are passionate about can give you a sense of fulfillment that you can’t get from a traditional job. Just watch an episode of Shark Tank and you’ll see one entrepreneur after another doing what makes them truly happy.
Whether your passion is sales, caring for animals, writing, developing new products, or assisting people in need…doing what you love is a surefire way to happiness.
What do you think about entrepreneurship? Would you try going out on your own or are you happy with your regular job?