Being your own boss comes with a lot of responsibilities, but it also comes with endless opportunities to live a better and happier life. Although many of us dream of quitting monotonous 9 to 5 jobs, very few musters the courage to do so.
If you’ve been considering starting something of your own, these perks associated with entrepreneurship will make your decision stronger:
You are Answerable to No One but Yourself
The biggest reason people are choosing to become their own bosses is being answerable to only themselves. Whether you need to take a day off to visit your kid’s school or postpone a meeting until you feel healthy again, when you’re the boss, you have the flexibility to do so. It gives you the freedom to work without having to answer to anyone. That said, there is tremendous responsibility that you have on your shoulders like a boss, and you have to muster up the self-discipline to of being accountable.
You Can Play to Your Strengths and Constantly Improve Your Skills
Working for someone else doesn’t always allow you the freedom to work on tasks that compliment your strengths. However, if you become an entrepreneur, you can choose the nature of projects to best leverage your strengths. You can also consistently upskill yourself by trying your hands at different things which you may not be able to do while working under somebody else.
Moreover, being your own boss also helps you work on your soft skills, including time management and organizational skills.
Only You Can Limit Yourself
When you’re the boss, you do not need to wait years before climbing up the hierarchy ladder. You can leap wherever you see the potential and focus on expanding the scope of business irrespective of a time frame. The harder you work, the better the opportunities and flow of income.
As an entrepreneur, it’s only your skillset and work ethics that limit you. And if you’re not bound by time, you can work towards buffing your skills too, irrespective of your academic or career background.
You Can Travel and Explore
According to Danny Kay, an American philanthropist, and a dynamic artist, traveling is taking a journey into yourself.
Traveling helps you return wiser to your work. However, the biggest complaint that employees have is their leaves not getting sanctioned. But as an entrepreneur, you get the luxury to work and travel as you see fit. But you will need to manage your time wisely and plan ahead.
No One Can Fire You
The best part about being self-employed is that you can’t be fired. Since you have the creative control as an entrepreneur, you can shift the focus of your business and change the way of operating without having to worry about someone cutting off your income.
Now that we’ve established that becoming an entrepreneur is a win-win all the way, the next question is what to do. To figure this out, you will have to do some deep thinking and analyzing your likes, talents, skills, and strengths.
Next, you will also need to make a list of professions that are in demand to help you figure out what you can start off your own. A career that is currently in high demand is that of a soft skills trainer. Soft skills training is extremely essential in the 21st century and becoming a trained, and certified soft skills trainer can prove to be a great choice if you want to start a business of your own. Likewise, there are several other careers that you can look into… make sure you do your research and analysis optimally.
Finally, check your finances and make a plan to ensure that you will have the funds lined up to start your own business.
The author, Suman Agarwal, is the senior-most Image Consultant in the Indian Sub-continent and director of Image Consulting Business Institute. Image Consulting Business Institute is a pioneer in India and one of the biggest brands in the world in Image Management and Soft Skills Training Space. It offers programs for people to become Image Consultants and Soft Skills Trainers and at the same time offers Image Management and Soft Skills Training services to individuals and companies.