7 Reasons to Work for Yourself – Start Your Own Business Today

Last updated Mar 24, 2024

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Have you always fancied yourself as a bit of an entrepreneur? Do you daydream of working for yourself, building your own empire one day and of all the freedoms that come with it?  

Perhaps the idea of being your own boss has only recently entered your mind but now you’re intrigued and weighing up your options.

Choice signs pointing in opposite directions

Or maybe you’re fed up to the back teeth with your current job but don’t just want to change it for another – you want more!

If you are still sitting on the fence trying to decide whether self-employment is for you and need a little nudge, read through our 7 reasons to start working for yourself.

1. Uncapped earnings

Dollar and Euro notes, unlimited earnings potential

Bringing home the same money month after month regardless of how much you contribute at work is depressing.

When you start working for yourself, you move away from being paid per hour and the potential for much higher earnings becomes a reality.

There is no limit to the amount of money you can make. The more effort you put in, the more you can get out of your business – you alone decide what that is.

Nothing is guaranteed but you have the best shot at it working for yourself, not for somebody else.

2. Job satisfaction

Well done sign on black board

Imagine – no more waking up dreading going to work feeling certain that you can’t possibly make it through another day, you just can’t!

When you work for yourself, you are itching to get going every morning – get learning, get building, get growing, getting it smashed.

Your confidence is through the roof and so it should be – running your own business IS a big deal.

3. Choose your working hours

Since you are the boss, you are able to set your own working hours and juggle your other commitments as it suits you and your family.

You will no longer have to apologetically ask for time off for medical appointments, miss your kids’ sports days, keep cancelling dinner plans with friends, pay for gym memberships and never get to go.

4. Choose the people you work with

Choose your team

When you’re employed, your co-workers are thrust upon you and there’s nothing you can do about it. You have to endure inane office politics, get dragged into discussions about things you don’t care about with people you have nothing in common with.

When you work for yourself, you choose who you collaborate with – your team, your suppliers, your customers.

5. You control everything

That’s right, you get to make all the business decisions: define your business, choose your strategy, your working environment, your policies, set your goals.

Since you make all the rules, you are also personally accountable for your actions and outcomes – a very grown-up equation… love it!

6. Acquire new skills

Most people are bored to death at work – tasks are repetitive, opportunities for personal development limited.

As soon as you start your new business, everything changes. You learn new things every day and your skill set grows with your business. As your business evolves and enters different stages, you will naturally follow.

It may be a steep learning curve but the expertise and experience you will gain are invaluable.

7. Create your future

Make things happen note

As an employee, you are hired to help build somebody else’s dream. Why would you want to keep doing that?

Build your own asset. Build your own dream. Create your future.

Even though you are now probably raring to go, you don’t want to do anything rash and stupid like quitting your job tomorrow. You need to think this through.

The last thing you want to do is to jump from the frying pan into the fire ending up working all the hours God sent, stressing yourself silly, and ultimately hating and abandoning what you do.

Be responsible. Not very rock ‘n’ roll, true, but smart and essential.

Research and plan, then research and plan some more. Test your new venture alongside your job if at all possible.

Invest what you can while you still have the security of your regular income and get ahead before you make the final leap, reasonably confident that it’s going to work out.

Get going, you’ll love it!

Read on:

5 Easiest-to-Start Online Businesses for Beginners

Beginners’ Guide to Starting an Online Business: First Steps

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