8 Reasons Why You Should Consider Launching a Startup
Are you tired of your 9-5 job, stuck in a rut, and wondering what to do next? Consider launching a startup! You’ll be far from alone—in fact, the IRS reported in May of this year that over 15 million Americans are listed as self-employed—and this number is expected to increase by a million within the next year, too. By 2020, between 40% and half of the US workforce is expected to run their own business. This first reason to build your own startup is almost common sense! As the working landscape in America continues to change, here are eight more reasons why you should consider your very own startup:
- It’s an exciting, enjoyable experience.
We’ll list this one first, because it is, without a doubt, one of the most motivating factors of launching a startup. Sure, running your own business is nerve-racking and scary, but it’s also exciting! It’s an adventure to take with you for the rest of your life, no matter if the startup works out or not. You’ll learn a lot, push yourself through new situations and compelling challenges. For these reasons, we wholeheartedly recommend trying entrepreneurship at least once.
- You will create something out of nothing.
What makes a better personal and professional experience than creating and implementing an idea out of nothing? Even if you haven’t fully formulated your idea yet, it may someday change someone’s life. Keep pushing! Remarkably, owning your own business was not a feat that many could achieve even 20 years ago! Now, creating a company is possible for anyone, anywhere.
- Software and digital information makes your business cheap to start—and there’s a wealth of knowledge available at your fingertips.
Not sure how to get started, exactly? Need some accounting help or looking for a way to keep your remote work team connected? There’s an app for that, there’s a software for that, and there’s an article or blog for that, too. You don’t have to go anywhere to learn how to start and run your business, saving you an enormous amount time and money at the outset.
- Location isn’t as important today as it used to be.
Today’s digital world makes it easy for you to find clients anywhere in the world—and in turn, it’s much easier for your clients to find you, too. You don’t even need a brick and mortar office to get started—even “big company” tools like sophisticated CRMs and 1-800 number services are readily available. It may be just you in your pajamas, but it doesn’t have to look like it!
- It’s possible to make a living fairly fast.
Unlike the old days, where you had to have a fair amount of capital to start and run a business, you can now begin your startup with little money, in your own home, charging clients on a subscription basis. In today’s Netflix and Birchbox monthly-fee world, it’s much easier to stay consistent on cash flow.
- A traditional job isn’t much more secure in the long run.
Don’t be fooled—in today’s world, a traditional job is not much more secure than being self-employed in the long run. Large and mid-size companies are now “cutting the fat” left and right—no matter how great of a software engineer or salesperson you are. When you’re fired in the regular job world, that’s it. You must go find a new job. In the startup world, you’re not really fired—you just begin to fight back and start again. In our opinion, it is a much less demoralizing feeling. And while benefits are being slashed left and right and pensions are a mirage of the past, there is less and less incentive to work as an employee.
- You are in control.
Being in control of your hours, the way you work, and how you make money is one of the most freeing experiences in professional life. Running your own startup allows you to choose your hours, what you do for your clients, and how you do it. Again, there is much frustration in today’s marketplace—fear over being laid off and dealing with stressed out, frenzied bosses are just a couple of the disadvantages to the modern office environment.
- If it doesn’t work—move on!
No matter whether you are in a traditional job or self-employed, if an idea doesn’t work, you’ll have to move on to the next thing. It’s a little tip we learned from the #1 Bestseller, Who Moved My Cheese? Seriously, though, most successful entrepreneurs didn’t succeed on their first business idea. The real growth starts when you get back up, move on, and either re-position yourself or try another idea.
Go On—Consider Launching Your Startup!
Forming your own startup is not only a great learning experience and an exhilarating venture, it’s a solid, common sense way to earn money in today’s new American workplace. If you are feeling stuck, wondering where to go next in your professional life—consider a startup and begin your own ad-venture.
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