Why Do People Start their own Business

Why Do People Start their own Business

There are many reasons why people want to start their own business(es). The most obviously reason is about making money, which is translated into making a better life for himself/herself and also the family. However, studies have shown that some people start their own businesses for other reasons as well.

Some do it for the time that they will have to share with those closest to them. If one is an employee, his time is controlled and dictated by this job. There are times when his child is sick, or he needs to send his wife for a medical checkup. Unless he takes a day off, and provided that his boss approves his day off, he is stuck. However, having one’s own business, he is also the boss. So, who is the boss to say he cannot take 2 hours off to run a family errand.

People like to be recognized for their achievements. But by who’s standard? In an organization (it is even worse when the organization is big), many employees’ achievements are overlooked and made to look like as if they are something employees were paid to do anywhere. However, when  a mistake is done, the repercussions are big. Have you heard the saying that “Being an employee is a thankless job. When you do right, your boss does not see. When you do wrong, the entire organization talks about it”.

With businesses, there are opportunities to grow, to broaden the mind, to meet more people. Do you know why so many people meet and marry their spouses from the organization? That is because they never get to meet anybody else outside the organization. At times, these may not be the best match, but there is very limited choice. Employees’ circles of friends seemed to be limited people at work and maybe people from church. After a while, the circles may even shrink. Why? Well, people move on, especially those who have started owning their own business.

Now, I do believe that it is a basic human desire to be able to help others, whether financially or otherwise. That is why those in need of financial assistance will always make a plea via the  public media as the donations just keeps pouring in. Have you ever felt frustrated that you are not able to chip in more because your own finances are not much better, perhaps. That is why many people have started their business based on this purpose and desire to help others.

There are perhaps a lot of other reasons why people want to start their own businesses. Wanting to start is a common desire but knowing how to do it is a whole new ball game. Then comes the obstacles of starting a business so of which are:-

1. No Time
2. No Money
3. No Network
4. No Product
5. And the list goes on.

Yeah, there are many businesses out there where it does take a lot of time to start, heavy financial investments, no special unique products which are not already sold in the market and nobody to sell it to. Would you be interested if there was a business out there where you choose the amount of time you want to put into the business, very little money down, excellent products and a mentor who will guide you to building the network that you want and need for your business?

If you are, then this is just the business for you. This is the perfect business to start you on your dream of owning your own business.