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There are many challenges that come with starting and running your own business, and it can’t be denied that late nights, operational problems and a whole chunk of admin are unavoidable parts of it. But the benefits of being your own boss are considerable. I love being my own boss. With the right strategy, a lot of effort, and a pinch luck, you could be running the show by this time next year. And if you need a little more convincing to turn your dreams into reality, here’s why it’s worth the hassle…
Set Your Own Agenda
There’s a lot to be said for being completely in charge of your own time. We’ve all had jobs where stifling layers of hierarchy or a boss determined to squash our ideas or take credit for them made us feel stifled and devalued. When you start your own business, you have an opportunity to set the culture and values that you want for your organization. You also have the freedom to manage your time as you see fit, which suits many seeking the opportunity to work more flexible hours that fit work around family commitments or passion projects.
Have a Varied Day
In the life of an entrepreneur, no two days are the same. You could be planning out a marketing strategy one day, scanning through accounts the next, checking out a business loan interest rate or approving design work. For anyone who finds monotony the hardest thing to deal with, being a business owner is a great profession. There are some days I don’t feel like working at all or somedays I work twelve hour days. It all depends on your and your business needs. You need to become a jack of all trades and learn a little about lots of things.
Get Rid Of Your Commute
Many workers state that the commute is the worst part of their day, so wouldn’t it be nice to get rid of it? When you’re setting up your own business, your commute doesn’t have to be any further than into your office or dining table, which saves a huge amount of time (and money). Or if you prefer the buzz of an office, you can look into a co-working space that lets you access reception services, meeting rooms and other services.
Up Your Rewards
Business owners get a lot of satisfaction from knowing that, while they are working hard, every step is for their own benefit and the advancement of their own company. It’s not just large blue chip companies that can make serious money – with hard work and the right breaks, you can make far more than you ever would working for someone else. If money and getting the finer things in life appeal to you, creating a successful company or a product that sells well can be the route to get you there.