Reasons to Consider Entrepreneurship Now
Manage episode 319719494 series 3171065
According to Randon Morris, many people have been able to reconsider their lives and re-evaluate their careers thanks to the pandemic. During the lockdown period when people were asked to stay home many started working from home which gives them freedom, flexibility and relief from long commutes. After the lockdown, many still want to continue working remotely because of the freedom and flexibility. While some are planning to be their own boss by venturing into entrepreneurship.
The truth is that not everyone can become an entrepreneur, says Randon Morris. If you are the type that loves freedom and at the same time want to generate income then you should consider entrepreneurship.
With the global economy being affected during the pandemic and many losing their job you should know it is time to venture into entrepreneurship. The pandemic gave people enough time to reflect on how to make sure they provide a reliable future for themselves and family. This is why many are opting for entrepreneurship as you can see many small businesses being established and registered around the world after the lockdown period. Here are reasons to consider entrepreneurship so that you can spend your time on something that is yours.
Flexible Lifestyle and Schedule
Starting your own business gives you a flexible schedule and lifestyle because you are not being told what to do anymore. You have the choice of working late, half-day or work any time of the day you are comfortable with. Though at the beginning of the business you will be very busy to ensure everything works fine as you grow and start delegating tasks you have enough time to yourself, says Randon Morris.
When working for a company they decide how your 9 am to 5 pm hours are spent but that is not the case when you are an entrepreneur. As an entrepreneur, you can have a healthy balance between your work and your life. It is possible to spend time with your family and also create time to work as an entrepreneur because you have control over your schedule and life. Your schedule or job can and should fit into your life.
Opportunity To Be Financial Independent
No doubt many people lost their jobs during the pandemic and lots of businesses closed down as some investors took precautions by withdrawing their funding. There are investors out there looking for innovative business ideas they can invest in. This is why now seems to be the best time to consider starting your business if you have a business idea or something that can meet a need in your area. Working for someone means you have a fixed income unless you are working based on commission. Your income remains the same regardless of your performance or input.
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