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Start A Business
WHY
START A NEW BUSINESS
By: Tony Hogan
www.topbusinessideas.com
People have
numerous reasons for wanting to start a business of their own.
- You are
afraid of corporate down-sizing and want to take a proactive step to
securing your future.
- You want
the freedom of working your own schedule without having to "ask"
for time off from work.
- You want
to travel less and spend more time with your
family.
- You have a
burning desire to earn what you are really worth.
- Any of the
hundreds of other reasons people want to start a business.
Starting your
own business can be one of the most exciting things you ever do. It can
also be the most frightening, risky and nerve-racking thing you ever do as
well.
You will be
giving up your steady, "guaranteed paycheck". In return for giving up your
paycheck, you will have the possibility to earn paychecks as large as, or
100 times as large. Of course, there is a possibility of not seeing
another check as well. If you are comfortable with this fact, you are one
step ahead of the pack.
Before you
tell your boss to "shove it", be sure you have at least 4 months of your
current salary saved up in the bank and have a solid plan of attack for
your new business. If you don't turn a profit in the first two months, you
will still have money to eat with. Unfortunately, it can take 2 or more
months to bring in any money whatsoever, so it is important to have a bit
of a nest egg or safety net.
The benefits
of starting your own business far outweigh the costs in my opinion. Here
are just some of the things I have enjoyed since starting my
company.
- Freedom to
use my imagination
- Unlimited
earning possibilities
- My
paycheck is directly reflective of my effort
- Very
flexible schedule
- Don't
report to anyone whatsoever
- Great tax
write-offs that I normally wouldn't have
- Being a
happier person overall
- Dress how
I want to
- Proud
feeling of what I do for a living
These are
things you just can't experience when working for another company. Before
jumping into business for yourself, I would highly encourage you to weigh
all of YOUR options and see if the pro's outweigh the con's. If so, go for
it, but make sure you go for it 110%. A partial effort will surely lead to
failure, and a failed business can really damage your self esteem, cause
household problems or worse.
I know you
can do it, you just have to convince yourself of it now. Good luck to
you!
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