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Thursday, August 23, 2007
Working for yourself can be a big responsibility. Not everyone is up to it and it takes a lot of a hard work and dedication. You must be the kind of person that is self motivated, organized, confidant, and a self starter. Realizing that all your hard work will be put into a start up adventure and you may not see a large profit the first year. With that being said there are some definite benefits to working for yourself, here are a few of them. Money makes the world go around and starting your own business working for yourself means you have a greater potential to see more money then if you are working for someone else. Imagine that you work for $10 an hour. The company you work for pays $20 an hour for the cost for you to work plus materials, but the machinery you run produces $60 an hour worth of product. The company just made a profit of $30 an hour on your $10 an hour salary. As the employee you will never see that $30 profit, but as an entrepreneur you will. You will make money off of your employee's as well just like your boss made money off of you. Pride is another benefit working for yourself will bring. You can take pride in working hard to create a business that flourishes. This will provide well for you and your family and will bring you great joy and pride. You will also be proud that you have accomplished what many others are unable to do, and that you have your own income based on your hard work. Flexibility is another great benefit to working for yourself. You are your own boss and that means you make the schedule. You work when you need to and have time off when you need to. A really successful business has plenty of employees that work hard and the boss can take off when ever he or she needs to. Freedom is yet another benefit to being your own boss. You will have the freedom to explore the things you want to do. Turning your hobbies and the things you love into your work will make you happy and give you an income. Family is important and being your own boss gives you the opportunity to spend more time with your family. This means you make your own schedule and if you want to go to your kid's baseball game, soccer game or ballet recital you can be there. If you are sick you do not have to call in, because you are the boss. Taking the leap and becoming your own boss can offer a lot to enrich your life. Tom McMullen
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