Why give up your day job, which gives you nice and safe monthly pay checks with which you can pay your bills and live a happy, albeit busy, life? I know I asked myself the same questions before deciding to be an entrepreneur, and making those decisions was not easy.
I can safely say though, that these decisions were some of the best I've ever made, and I'll tell you why.
I Am The Boss! Oh yes!.
After years of listening to someone else telling me what to do, now I only have to listen to myself.
Now this is the great part about starting your own business, you really do have so much more freedom.
You can choose your hours, your wages, and if you are sick you don't have to phone in with some excuse on why you wont make it to work that day.
However, being your own boss is kind of like a double edged sword at times.
Sure, you set your own hours - but do you have the motivation to be strict with yourself?.
There is no-one there to tell you to get back to work, and no-one to tell you off for taking an un-needed day off.
Make sure you are strict with yourself and keep a good routine going, don't turn your own business into one big Holiday.
I pay myself what I want I really love this part, I really do.
I pay myself my own wages, whatever amount I want.
The rest I put back into the business.
The part I like most, is that in order for me to pay myself more money, I really have to put in more work.
More work by me = more profits, which in turn makes me feel all warm and fuzzy inside when I can pass that profit onto myself - without harming my business.
If I was to give myself an extraordinarily large pay check, then the business would have less cash to work with, and I'd likely just strangle it into a slow painful death.
It really is a balancing act, and it changes from month to month.
But it really is a motivator when you put in the extra work and you reap the rewards at the end of the month.
You don't get that with most 9-5 jobs that's for sure! I work where I want My business is online based, and I do most of it via my trusty laptop.
I also live in Scotland, which at times can be very cold.
So cold that I often gaze out my window and feel sorry for the people who are out there working in it.
Not me of course, I chose to work for myself and be an entrepreneur.
And as such I work in a nice warm house, sometimes sitting in front of the TV with a nice cup of coffee and the laptop on my lap.
In the summertime I sit in the back garden with my laptop and a cool beer, safe in the knowledge I'm still at work and I'm still making money!.
Not many people can say they sit in the sun drinking beer while at work! I work when I want I know in the paragraph above, I said you have to be strict to yourself when you are your own boss, and I still stick by that statement, you really have to be your own taskmaster.
Working for yourself does however permit you some freedoms that you cannot get in other jobs.
For example, last year I was busy doing my thing, and the phone rang.
My friend and his girlfriend were going on holiday to Egypt, but his girlfriend ended up having to work instead (its a shame, I know).
Anyways, he asked if I'd go with him instead - being my own boss I just checked my schedule of what I needed to do, I moved a few things around and BOOM!...
within 30 minutes I was going to Egypt.
You can't do that in a normal job, either.
So there's a few good reasons to the ' why be an entrepreneur ' question I get asked constantly.
Some people seem to think my whole life revolves around sitting around a computer, if only they knew how wrong they were.