“Too many of us are not living our dreams because we are living our fears.” – Motivational speaker and author, Les Brown
Does the above quote apply to you? Have you always dreamed about being an entrepreneur, but have always found an excuse to not start down that path? Are you tired of working for someone else who won’t listen to your good ideas? Do you have what it takes to be your own boss and strike out on your own?
Being an entrepreneur is the American dream for millions of people, yet only a fraction of them ever see their dream through. Are you letting fear stop you from your true passion and from seeing your dream to fruition?
Entrepreneurship – Scary and Rewarding
Working for yourself is incredibly rewarding, but it is also incredibly scary. When you are in business for yourself, you lose the safety net of someone else being in charge, and often you can say goodbye to a steady income. Most of the time, it is easier to let someone else call the shots and for someone else to pay the bills. It may be easier to be an employee, but it is not nearly as satisfying as being in control of your future.
Having a successful business, doing what you want to do, taking control of your life – these are all very rewarding experiences that give you a feeling of freedom and power, unlike anything else in the world. For the few that work up the courage to try being an entrepreneur, it is very hard to consider being an employee ever again.
Is It For You?
The truth of the matter is that most people make a better employee than a boss. Most people are better off working for someone else because they don’t have what it takes to be a business owner. The world does need a whole bunch of employees in order to operate, but you don’t have to be one of them.
Working for yourself is often times much more difficult than you can imagine. Starting a business and building it up to the point where it is making a profit can take much longer than you expect, which means you may not have an income from your business for quite a while.
As a business owner you face having to make decisions that were never your concern as an employee. The ultimate success, or failure, of your company rests on your shoulders. Before even beginning to start a business you need to consider if you want to deal with the ups and downs, the stress, the uncertainty that comes with being your own boss.
Start Out Slow
Nobody says you have to quit your job tomorrow so that you can concentrate full-time on your business. The wisest choice may be to start out slow, while you are still working for someone else. This gives you breathing room and lets you get all of your ducks in a row before saying goodbye to your present source of income.
Starting a business while you are gainfully employed is going to be more difficult than if you were able to dedicate all of your time to your new venture. You will have to spend all of your free time, all of your nights and weekends, figuring out how to get your company to a point where you can say goodbye to your boss. Even though this is the slow way, it is the smart way. Unless you have a really nice nest egg that you can survive on for a couple of years, having a source of income while building your business will take a lot of stress out of the situation.
If you are motivated enough, if you have the burning passion to be your own boss, if you have the skills (or can learn them) to run every aspect of a business, then being an entrepreneur may be the right decision. Following your dreams is something more of us need to do. Just be smart about the decisions you make and you are well on your way to becoming a successful entrepreneur.
About the Author
Marshall Davis is an entrepreneur that understands that the little guy needs every advantage possible to be successful. He started Talking Small Biz, a website that reviews small business products and services that help you start, run and grow a small business through the use of technology.