Entrepreneurship is not for everyone, but for those who have the courage, passion and vision to pursue it, it can be an amazing journey. Here are fifteen reasons why entrepreneurship is amazing and why you should consider starting your own business.
1. You have full control over your destiny.
As an entrepreneur, you call the shots and make the decisions that ultimately determine the success or failure of your business. Nobody will get in the way of your vision or tell you what to do. You have the freedom to create your own rules, set your own goals and pursue your own dreams.
Personal Story: Sara Blakely, the founder of Spanx, started her business with $5,000 and a pair of scissors. She had a vision to create a new kind of shapewear that would make women feel more confident and comfortable. She faced many rejections and challenges, but she never gave up on her idea. Today, Spanx is a billion-dollar company and Sara is one of the most successful female entrepreneurs in the world.
Actionable Tip: If you have a business idea that you are passionate about, don’t let anyone or anything stop you from pursuing it. Do your research, test your product, find your market and go for it.
2. You serve as a role model.
As an entrepreneur, people will look up to you. You have the ability to be a role model for family, friends, employees and community members. Your success serves as motivation and inspiration for others to follow their dreams and achieve their goals. You also have the opportunity to mentor, coach and support other aspiring entrepreneurs and make a positive impact on their lives.
Personal Story: Richard Branson, the founder of Virgin Group, is one of the most influential and admired entrepreneurs in the world. He is known for his adventurous spirit, philanthropic efforts and social causes. He has mentored many young entrepreneurs and supported various initiatives to promote entrepreneurship, education and environmental sustainability.
Actionable Tip: As an entrepreneur, you have a responsibility to lead by example and share your knowledge and experience with others. Find ways to give back to your community, support causes you care about and inspire the next generation of entrepreneurs.
3. You will never be bored.
There is always something to do and you will more than likely always have a mile long to-do list. Every day presents new challenges and new opportunities to keep you on your toes. You will constantly learn new skills, meet new people, explore new markets and discover new possibilities. You will never have a dull moment or a routine day.
Personal Story: Elon Musk, the founder of Tesla, SpaceX and Neuralink, is one of the most innovative and visionary entrepreneurs in the world. He is constantly working on multiple projects and ventures that aim to revolutionize various industries and sectors. He is always pushing the boundaries of what is possible and challenging the status quo.
Actionable Tip: As an entrepreneur, you need to embrace change and uncertainty and be willing to adapt and evolve. You also need to balance your work and life and take care of your physical and mental health. Find time to relax, recharge and enjoy your hobbies.
4. You can turn your passion and beliefs into a business.
Are you passionate about health and fitness? Become a nutritional consultant or open a gym. Do you love animals? Start a pet grooming service or a dog walking business. Do you care about the environment? Create a green product or a social enterprise. You have the ability to create a business that aligns with your passions and beliefs and that makes you happy and fulfilled.
Personal Story: Blake Mycoskie, the founder of TOMS, started his business after a trip to Argentina, where he saw many children without shoes. He decided to create a company that would donate a pair of shoes to a child in need for every pair sold. He also expanded his business to include eyewear, coffee and bags, each with a social mission.
Actionable Tip: As an entrepreneur, you need to find your niche and your unique value proposition. You also need to validate your idea and make sure there is a market demand for it. You also need to be passionate about your product or service and communicate your story and vision to your customers.
5. You can make people happy.
There is a good chance you own an Apple product – an iPhone, MacBook, iMac, iPod or iPad. These products bring a smile to faces of millions every single day. Sure, Apple is making billions of dollars, but they are also making their customers happy. As an entrepreneur, you can create a product or a service that solves a problem, meets a need or fulfills a desire for your customers. You can make their lives easier, better or more enjoyable.
Personal Story: Steve Jobs, the co-founder of Apple, was a visionary and a genius who changed the world with his products. He was obsessed with creating products that were not only functional, but also beautiful, elegant and intuitive. He wanted to create products that people would love and that would make a dent in the universe.
Actionable Tip: As an entrepreneur, you need to understand your customers and their pain points, needs and wants. You also need to create a product or a service that delivers value and benefits to your customers and that exceeds their expectations. You also need to provide excellent customer service and build trust and loyalty.
6. You can create a legacy.
Creating a successful brand to the point where it leaves a personal legacy behind is appealing and serves as motivation for many entrepreneurs. You can create a business that will outlast you and that will have a lasting impact on the world. You can create a business that will be remembered and respected for generations to come.
Personal Story: Walt Disney, the founder of Disney, was a pioneer and a legend who created a global entertainment empire. He created iconic characters, movies, theme parks and merchandise that have enchanted millions of people around the world. He also created a culture of innovation, creativity and excellence that continues to inspire and influence many entrepreneurs and artists.
Actionable Tip: As an entrepreneur, you need to have a clear vision and a strong mission for your business. You also need to create a brand identity and a brand personality that reflects your values and your story. You also need to build a loyal fan base and a loyal team that shares your vision and mission.
7. You can earn a living doing what you love.
Let’s face it, money is important. When you are able to make a comfortable living doing what you love, it’s a win-win situation. You can enjoy your work and your life, without having to compromise or sacrifice. You can also have the financial freedom and security to pursue your goals and dreams.
Personal Story: Oprah Winfrey, the founder of Harpo Productions and OWN, is one of the most successful and influential entrepreneurs in the world. She started her career as a television host and became a media mogul and a billionaire. She is also a philanthropist and a humanitarian who has donated millions of dollars to various causes and organizations.
Actionable Tip: As an entrepreneur, you need to have a realistic and sustainable business model and a solid financial plan. You also need to manage your cash flow and your expenses and invest in your growth and development. You also need to diversify your income streams and create multiple sources of revenue.
8. You are an innovator.
As an entrepreneur, you are constantly creating new products and services, or improving existing ones, that solve problems, meet needs or fulfill desires for your customers. You are always looking for ways to innovate and disrupt the status quo. You are not afraid to experiment, fail and learn from your mistakes.
Personal Story: Jeff Bezos, the founder of Amazon, is one of the most innovative and visionary entrepreneurs in the world. He started his business as an online bookstore and expanded it to become the world’s largest e-commerce platform, offering a variety of products and services, such as cloud computing, digital streaming, artificial intelligence and space exploration.
Actionable Tip: As an entrepreneur, you need to have a curious and creative mind and a passion for learning. You also need to do your market research, identify your customer segments and validate your assumptions. You also need to embrace feedback, iterate and pivot when necessary.
9. You become part of a family.
As an entrepreneur, you become part of a community of like-minded people who share your drive, passion and vision. You can network, collaborate and partner with other entrepreneurs, mentors, investors and experts. You can also join or create entrepreneurial organizations, associations and events that provide support, resources and opportunities.
Personal Story: Mark Zuckerberg, the founder of Facebook, is one of the most successful and influential entrepreneurs in the world. He created a social networking platform that connects billions of people around the world. He also acquired other platforms, such as Instagram, WhatsApp and Oculus, that enhance social interaction and communication. He is also involved in various initiatives and groups that promote entrepreneurship, innovation and social impact.
Actionable Tip: As an entrepreneur, you need to build and maintain a strong network and a positive reputation. You also need to seek and offer help, advice and feedback. You also need to leverage the power of social media and online platforms to connect and engage with your audience and peers.
10. You have no dress code.
As an entrepreneur, you can wear whatever you want, whenever you want. You don’t have to follow any rules or regulations imposed by others. You can express your personality and style through your clothing and accessories. You can also save time and money by not having to buy or maintain a formal wardrobe.
Personal Story: Mark Cuban, the owner of Dallas Mavericks and a star of Shark Tank, is one of the most famous and wealthy entrepreneurs in the world. He is known for his casual and relaxed attire, often wearing jeans, t-shirts and sneakers. He believes that dressing comfortably and authentically helps him to focus on his work and his goals.
Actionable Tip: As an entrepreneur, you need to dress appropriately for the occasion and the audience. You also need to consider the image and the message you want to convey through your appearance. You also need to be comfortable and confident in your own skin.
11. You have no age barrier.
As an entrepreneur, you can start a business at any age, whether you are a teenager or a senior citizen. You don’t have to wait for the right time or the right qualifications. You only need an idea, a plan and a passion. You can also learn from and collaborate with people of different ages, backgrounds and experiences.
Personal Story: Colonel Sanders, the founder of KFC, started his business at the age of 65, after a series of failures and setbacks. He had a recipe for fried chicken that he believed was the best in the world. He traveled across the country, pitching his recipe to restaurant owners, until he found his first franchisee. He then built a global fast-food empire that serves millions of customers every day.
Actionable Tip: As an entrepreneur, you need to have a growth mindset and a lifelong learning attitude. You also need to overcome your fears, doubts and stereotypes. You also need to embrace diversity and inclusion and respect and appreciate different perspectives and opinions.
12. You never feel undervalued.
As an entrepreneur, you are the boss and the owner of your business. You set your own goals, standards and expectations. You measure your own performance, progress and success. You reward yourself for your achievements and learn from your failures. You don’t have to depend on anyone else’s approval, recognition or validation.
Personal Story: Oprah Winfrey, the founder of Harpo Productions and OWN, is one of the most successful and influential entrepreneurs in the world. She started her career as a television host and became a media mogul and a billionaire. She is also a philanthropist and a humanitarian who has donated millions of dollars to various causes and organizations. She has overcome many challenges and obstacles, such as poverty, abuse and discrimination, and has never let anyone or anything stop her from pursuing her dreams.
Actionable Tip: As an entrepreneur, you need to have a clear vision and a strong mission for your business. You also need to have a positive self-image and a high self-esteem. You also need to celebrate your wins and acknowledge your efforts.
13. You can get competitive with yourself.
As an entrepreneur, you are always striving to improve yourself and your business. You are always setting new goals, challenges and benchmarks. You are always comparing your current results with your previous ones and aiming to beat them. You are always pushing yourself to the limit and beyond. You are always competing with yourself and not with others.
Personal Story: Michael Jordan, the owner of Charlotte Hornets and a legend of basketball, is one of the most competitive and successful entrepreneurs in the world. He is widely regarded as the greatest basketball player of all time, winning six NBA championships, five MVP awards and numerous other accolades. He is also a successful businessman, with a net worth of over $2 billion, owning several businesses, such as Nike’s Jordan Brand, restaurants, car dealerships and golf courses.
Actionable Tip: As an entrepreneur, you need to have a strong work ethic and a relentless drive. You also need to have a realistic and measurable way of tracking your progress and performance. You also need to have a healthy and balanced approach to competition and cooperation.
14. You can enjoy your hobbies.
As an entrepreneur, you have the flexibility and the freedom to schedule your work around your life, not the other way around. You can allocate time and resources to pursue your hobbies and interests, whether they are related to your business or not. You can also turn your hobbies and interests into a business, if you see an opportunity and a demand.
Personal Story: Richard Branson, the founder of Virgin Group, is one of the most adventurous and fun-loving entrepreneurs in the world. He has a passion for travel, sports and entertainment, and he has created businesses around them, such as Virgin Atlantic, Virgin Galactic, Virgin Active and Virgin Records. He has also attempted and achieved several world records, such as crossing the Atlantic and the Pacific by balloon, kite-surfing across the English Channel and flying around the world in a hot air balloon.
Actionable Tip: As an entrepreneur, you need to have a work-life balance and a holistic approach to your well-being. You also need to have hobbies and interests that keep you motivated, inspired and happy. You also need to have hobbies and interests that challenge you, teach you and enrich you.
15. You can experience personal growth.
As an entrepreneur, you are constantly learning, growing and evolving as a person and as a professional. You are acquiring new skills, knowledge and insights. You are developing new habits, attitudes and mindsets. You are discovering new aspects, dimensions and potentials of yourself. You are becoming a better version of yourself.
Personal Story: Tony Robbins, the founder of Robbins Research International and a motivational speaker, is one of the most inspirational and transformational entrepreneurs in the world. He has helped millions of people around the world to improve their lives, achieve their goals and unleash their power. He has also created several businesses, such as personal development programs, coaching services, books, podcasts and documentaries, that provide value and benefits to his customers.
Actionable Tip: As an entrepreneur, you need to have a personal growth plan and a continuous improvement strategy. You also need to have a mentor, a coach or a peer group that can guide you, support you and challenge you. You also need to have a feedback system that can help you to identify your strengths, weaknesses, opportunities and threats.
Conclusion
Entrepreneurship is amazing, but it is also challenging, risky and demanding. It requires hard work, dedication and perseverance. It also requires passion, vision and courage. If you have what it takes to be an entrepreneur, you can enjoy the benefits and rewards of creating your own business and living your own life.
Poll: Are you an entrepreneur or aspiring to be one? What are your reasons for choosing entrepreneurship? Share your thoughts and opinions in the comments below.
Question: Do you have any questions or doubts about entrepreneurship? Ask me anything and I will try to answer them.