Reasons why you should start a small business

Time Magazine published an article about Generation X and entrepreneurship years ago when entrepreneurship was gaining momentum across the nation. A man in his 20s told the magazine he wanted to be an entrepreneur in order that they could have more time playing golf. I still laugh about it. It is not a good idea to start a business because you want more time. Being a small business owner is one of the most challenging tasks you could ever do. Expect to have less time for leisure and not much more. Here are some typical reasons to start an enterprise that is small.

Common motives to begin the journey to become an entrepreneur

You're a " birthed" business person
Certain business owners are born with the entrepreneurial gene. I once spoke to a man who told me he became an entrepreneur because the fact that he "couldn't find a job." If you are averse at following orders or continually look for the "better method" to complete a task then you may have entrepreneurial impulses running through your DNA. However, this doesn't mean you will succeed but you'll succeed more rather than work for somebody else.

The sky is your limit

Although there's no guarantee that your venture will succeed however, it gives you a a fighting chance of breaking the glass ceiling for some people, specifically women and minorities. Entrepreneurship can be an excellent equalizer. Most people won't notice your gender or ethnicity when you provide an item or service that they need at a reasonable price.

Your destiny is in your hands

If your sales team has had a difficult year and it's a result, it could lead to the loss of your job. You'll make mistakes as the business owner. However, they're your own mistakes that you can repair them.

Your time is yours

Even though owning a business can't allow you to work more hours but it lets you make your own schedule. If you'd like to take an afternoon off and then return to work by 3 a.m., that's your choice. You don't have to seek permission.

It is possible to make your big dreams into a reality

Most "doers" start as dreamers. George Bernard Shaw wrote: "Some...see things as they are, and then ask what the reason. Entrepreneurs envision things that have never happened and question why they didn't." Dreaming obviously isn't enough. It is important to turn your dream into a plan with deadlines, tasks, and accountability.

Follow your passions

You must ensure that the passions you have are strong enough to be effective in business endeavors. Simply because you are passionate about something doesn't mean other people aren't too. Research to find out whether there are markets for the products and services that you are enthusiastic about.

You're unemployed

The rise of entrepreneurs in the 1990s was fuelled by professional workers who were fired in the country's first recession of white collar workers. To sit and watch Breaking News on CNN improve, those who were unable to find jobs started their own enterprises. But the subsequent technological revolution with affordable technology, as well as the advent of the internet, transformed many temporary businesses into successful full-time businesses.