5 reasons you should become an entrepreneur right now!
By: Debangshu Paul
Tags: Entrepreneurship, Freelancing, Side Hustle, Side Project, Entrepreneur

Life is meant to be adventurous. Stability is for the dead.

Who does not love to get a fat paycheck at the end of the month? But if that’s the only time you find yourself happy, it's time to reconsider your career path seriously. After all, what will you do with a fat paycheck when the cost is your own health and relationships.

Here I will give you five reasons to start walking an entrepreneurial path without any delay:

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1) Be your own Boss:

This one goes without saying there is a reason bosses are like bosses(well most of them). From your perspective, you are doing a job. But from their perspective, they have just hired a human resource that will help increase their business revenue. That is it.

Being your own boss comes with its own set of perks, most important being the feeling that you are not a resource to anybody. Also, the sense of ownership that comes with building your own product/service or brand brings immense pleasure than working on someone else’s.

2) Work from anywhere anytime:

Well, this one is a no-brainer. With nobody bossing you around all the time, you make your own rules. You get to decide where and when you want to work. Not feeling like working on a Thursday afternoon? take a break. That's it! You don’t have to apply for a leave or give excuses as to why you were not present in the office.

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Plus if your work allows you to work from anywhere, it means you can be in Japan or in a beach in Florida, or in the Andes chilling out while doing your work. Digital nomads are starting to become a thing.

3) Do what you love:

This is my personal favorite. When you are an entrepreneur, you get to do what you love. Naturally, you will love doing it and excel at it.

“When you love what you do, its not work anymore” ~J.Bavlin

When you are passionate about your work, the quality of your life changes as well. You tend to be more fulfilled and less tensed and that is reflected in your mood, your activities e.t.c. You will have far better relationships as a result.

Also being an employee you have to be good at doing politics and licking boots regularly if you want to survive or get promoted. Not everybody loves that.

4) Income security:

“A bird sitting on a tree branch does not trust the branch but its own wings” ~ Anonymous

When you are an entrepreneur, more often than not your income comes from multiple sources. Plus you rely on your skills and productivity for your income, not by the number of hours you put in. This in turn makes you a far more capable person in the long run.

With a “stable corporate job” you can be fired anytime when the upper management finds a better or cheaper alternative than you, no matter how good you are or how many years you have worked there. Corporate loyalty is a myth.

Maybe they are simply doing a cost-cutting. (With this pandemic, we have seen people getting laid off in bulk even from the so-called multinational conglomerates). Normally you have a single source of income while doing a corporate job and it is far riskier if you lose all of it.

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5) Become wealthy:

Nobody has ever amassed huge wealth by doing a job (unless you are the CEO of Google or something). When you are an entrepreneur, you normally build tools that have a compounding effect over time. (And compounding is powerful. It is what makes the rich richer day by day.) This makes you far more capable of earning riches in the long run than when you are drawing a fixed salary every month toiling your way up the corporate ladder.

According to this article, Freelancers earn more than average workers in most countries. The average income of successful entrepreneurs/CEOs is also way higher than most employees.