g Text Version
Beauty & Self
Books & Music
Food & Wine
Health & Fitness
Hobbies & Crafts
Home & Garden
News & Politics
Religion & Spirituality
Travel & Culture
TV & Movies

Bored? Games!
Take a Quiz
Rate My Photo

Natural Living
Folklore and Mythology
Distance Learning

All times in EST

Full Schedule
g Small Office/Home Office Site

BellaOnline's Small Office/Home Office Editor


Reasons People Choose to Be Entrepreneurs

There are many reasons people think about becoming an entrepreneur. Sometimes it is out of necessity, lost job, birth of a child, or illness of a family member. Sometimes itís because they believe it is easier to be an entrepreneur. If you ask ten entrepreneurs why they started their own business you would get ten different answers. Determining why you want to start the journey is one of the first steps to discovering your dreams.

Reason #1: Making more money.

Making more money is often a desire of new entrepreneurs. Unfortunately, this is not the reason to start your own business. Starting out you will more often than not, spend much more than you make. It can take up to five years to start seeing a profit in a new business. Many business fizzle out and go under within a couple of years. If you stick with it and work hard eventually you may make more money, that is the goal of most businesses, but it isnít the reality of most businesses in the beginning.

Reason #2: Being your own boss.

I hear this one almost everyday, ďI want to be my own boss, doing things my way.Ē While that sounds great, it isnít based in reality. See, the problem is your clients, customers, and even bill collectors are going to still tell you how they want it their way. All of the responsibility of running every aspect of the business will be on your shoulders, every day, all day.

Reason #3: Setting your own hours.

Flexibility ranks high on the list of reasons people want to start their own business. The truth of the matter is that is that starting a business is extremely time consuming. While there may be some flexibility, deadlines and customer expectations are usually the guiding aspect to your daily routine. Time management skills will come in handy here, so if you have trouble in this area do some practicing.

Reason #4: Solving a problem.

Some people are skilled in the area of identifying a problem and coming up with a solution. This is a good reason to start a business. If you can solve a problem someone has than you have a market. You still have deadlines, client and customer demands, and a difficult road to profit but if you can solve a problem that many people deal with than you are a head of the game.

Reason #5: Changing the world

I feel like this is the best reason to start a business. An owner still needs to understand the cost and risk of starting a new business but doing something to make the world a better place for others can be worth it. Sometimes this goes hand in hand with reason #4, changing a problem and making things easier, other times it may be about your passions. Your passions in life may be what sends you on your entrepreneur journey. The desire to change something about your world can be a motivating factor when times are tough.

It can be scary to choose a life of entrepreneurship, or it can be liberating. Consider your options and your desires carefully. Think about why and how you want to start your business and above all else be truthful with yourself about your goals.

If you would like to let us know why you chose to be an entrepreneur please stop by the SO/HO forum. If you would like to be updated when new articles are available please sign up for the free SO/HO newsletter.
Add Reasons+People+Choose+to+Be++Entrepreneurs to Twitter Add Reasons+People+Choose+to+Be++Entrepreneurs to Facebook Add Reasons+People+Choose+to+Be++Entrepreneurs to MySpace Add Reasons+People+Choose+to+Be++Entrepreneurs to Del.icio.us Digg Reasons+People+Choose+to+Be++Entrepreneurs Add Reasons+People+Choose+to+Be++Entrepreneurs to Yahoo My Web Add Reasons+People+Choose+to+Be++Entrepreneurs to Google Bookmarks Add Reasons+People+Choose+to+Be++Entrepreneurs to Stumbleupon Add Reasons+People+Choose+to+Be++Entrepreneurs to Reddit

Steps to Choosing a Small Business
Questions to Ask Before Starting a New Business
Office Tools Needed for Success
Related Articles
Editor's Picks Articles
Top Ten Articles
Previous Features
Site Map

For FREE email updates, subscribe to the Small Office/Home Office Newsletter

Past Issues

Printer Friendly
tell friend
Tell a Friend
Email Editor

Content copyright © 2015 by Carla Cano. All rights reserved.
This content was written by Carla Cano. If you wish to use this content in any manner, you need written permission. Contact Carla Cano for details.


g features
Finding and Keeping Your Motivation

Importance of Your Business Structure

Writing a Feasibility Plan

Archives | Site Map


Past Issues

Less than Monthly

BellaOnline on Facebook

| About BellaOnline | Privacy Policy | Advertising | Become an Editor |
Website copyright © 2016 Minerva WebWorks LLC. All rights reserved.

BellaOnline Editor