Why start a business

Why start a business

Starting a business can be a daunting experience, there are so many reasons why people want to start their own business, but not everyone has that extra drive, that will keep them going when the road gets tough. Here’s a list of reasons for and against starting your own business.

Reasons against

  1. You have no money
  2. You aren’t creative
  3. You can’t think of a business to start
  4. You’re scared of failing
  5. You’re disorganized
  6. Spouse won’t let you
  7. You’re too busy
  8. You can’t make decisions
  9. You won’t take responsibility
  10. Your only motivation is money
  11. You never see things through to the end
  12. You have no support system
  13. You don’t like change
  14. You never set your own limits
  15. You don’t keep your word

If any of these points hit home for you, chances are maybe starting your own business isn’t quite for you, however all of these issues can be overcome, if you truly desire to have your own business you will identify your flaws and find a way to work around them or change them.

Reason for

  1. You are your own boss
  2. You get to do what your interested in
  3. You get to make all the decisions
  4. It can be very profitable
  5. It’s varied, there’s so many different things that need to be done
  6. You can have a second career
  7. Cut the commute
  8. Satisfaction of being successful
  9. Making a difference
  10. Flexibility of working hours
  11. Your posterity, you can pass it on to your children
  12. Job security
  13. Networking
  14. Becoming an expert
  15. You can develop new skills
  16. Stronger determination skills that can be used in other area of your life
  17. Being recognised for what you have achieved
  18. Financial independence
  19. Create jobs
  20. Building your own brand

There are so many different reasons why people want to start a business, but you definitely need to have the motivation and determination to succeed, it can be a long lonely road, so you need to surround yourself with people who have and/or are doing the same thing as you to form your own support network, and just remember that you only fail if you give up, so don’t give up.

So, what’s your reason for wanting to start your own business?

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