Are you having second thoughts about being an employee?At first you were excited about your job. You were on your way to building a nest egg, having money and time to do the things you wanted.
You felt you had a solid position in a business where you could grow and advance.
But did you find reality in the “work for someone else” world is not quite what you were led to believe?
Your salary is limited and management decides your increases.
Company policy determines when you work, and when you can take vacation.
And if you want to experiment and be creative, your boss has to approve.
Is that how you want to spend your life?
No it’s not, so you’re looking for a better option.
Enter the world of the entrepreneur.
Entrepreneurs have the advantage of both time and money.
They have an unlimited potential to create wealth and control their time, and therefore, their freedom. They are free to chart their own course, make decisions, make mistakes, try new things, and determine their future.
A far cry from the job world.
A job limits your upside
As an employee, you only do as well as the raises or bonuses you get.
If management doesn’t value your work, your pay increase is minimal. And if the business as a whole doesn’t do well, your future is in question.
Your impact over the business’s performance is limited. If the market for your company is decreasing, you can’t step in and make changes. If the company decides to downsize or send jobs overseas, you have no control.
Even if you do a fabulous job, you may find yourself unemployed with nothing to show for it, apart from a severance pay.
I have a friend who worked for a local newspaper for 8 years. Due to the internet, classified ad revenue, their main revenue source, was down significantly. The newspaper cut 30% of their staff. She was one of them. Being the writer of a help column, she started offering the same advice on her website and turned it into a business.
Statistics show that from 1960 to 2000, jobs in the US grew by 2.5 million a year. But since the 2008 financial meltdown, full time jobs have decreased by 100,000 per year.
Keeping a good paying job is an uncommon event today. And you can forget about life-long job security.
Entrepreneurs create value
Entrepreneurs build brands, companies, and supply chains; create intellectual property; and invent products and processes. Each of these assets can be sold, leveraged, or traded for another opportunity.
Entrepreneurs don’t get paid for the time they work. The business can grow exponentially in net worth, without a corresponding involvement by the owner.
A coaching client, for instance, developed a line of organic and gluten-free cake, cookie and bread mixes. She sold them on-line and demand was far greater than she expected. She was working long hours, but couldn’t keep up with the growing sales.
She hired employees and virtual assistants. With their help, she cut the hours she worked, and increased revenues by 50%.
As an owner, you determine the products and services to sell, the prices to charge, and the marketing channels to use.
If demand for a product dries up, you can diversify to a more viable and lucrative business.
Imagine running a start-up selling higher-end travel gear. One product you offer is custom made, but travel friendly shirts, trousers and skirts. You quickly realize co-ordinating the sizes, colors, styles and alterations is difficult and time-consuming. Still believing in the travel market, you design a stylish, durable and practical travel case. The product is a hit, with fewer complications.
An entrepreneur makes decisions about the future and direction of her company. The entrepreneur has control.
Freedom versus limitation
How much free time would you like to have?
How much time do you want to work?
Entrepreneurs decide what lifestyle they want to achieve. They can spend time on hobbies, traveling, or enjoying their families.
As an example, it may be important to you to spend time with your kids when they’re young. Being self-employed, you have the freedom to arrange work around them.
Experience the challenge of creating a business from scratch
Want to feel inspired and challenged by your work? Want to enjoy a sense of fulfillment from building your own business? Want to determine how much wealth you create?
Maybe you have knowledge you want to share with the world. Or you have invented a new product or service. Or have you seen an unfulfilled need in the market?
Don’t let your inspiration die. Follow your curiosity. And grab your freedom to design your life around your choices.
Becoming an entrepreneur is not difficult, risky or expensive.
The opposite is true. Starting a business, even a part-time one leads you toward independence, wealth, and freedom.
Feeling uncertain? Start your business on the side.
You can do it. Like many others have before you.
Don’t wait. Live life on your terms. Enjoy your freedom.
Are you ready to leave the job world and change your future? Sign up for my free e-course, 7 Steps to Creating an Independent Income–Gain Freedom and Make a Living Without a Job.
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