10 Awesome Advantages of Entrepreneurship- 10 Entrepreneurship Advantages

“Entrepreneurs are the only people who will work 80

hours a week to avoid working 40 hours a week,”

says ‘Shark Tank’ investor Lori Greiner. While this

may be tongue-in-cheek, it is true that entrepreneurs

have built a reputation for breaking out of the mold

and working hard to live a certain kind of life.

That is because, for many ambitious professionals,

the benefits of entrepreneurship are incredibly

rewarding. Read on to discover 10 of the greatest

perks of becoming an entrepreneur, and find out

how you can experience these advantages while

starting your small business.

1. A flexible schedule

So many people begrudge the office routine that it’s

called the “9-to-5 grind.” As an entrepreneur, you

have the opportunity to break out of that cycle and

create your own schedule. Start your day early if

you’re a morning person, work later in the day if you

prefer evenings, and take an afternoon jog whenever

the fancy strikes.

This scheduling power isn’t just freeing, it also may

be healthier as well. One study conducted by the

National Center for Biotechnology Information found

that a results-based work atmosphere (where the

focus is on results rather than working a certain

number of hours) leads to greater mental and

physical wellness.

2. Autonomy

Digital news outlet Quartz reported on the multiple

studies that have demonstrated the link between

autonomy and job satisfaction. It turns out that

employees who have more control over their work

tend to be more engaged and less emotionally

exhausted. Just another perk of being your own

boss!

3. Creating a career that aligns with your values

Aligning your personal values with career values is

an intensely gratifying experience. Someone who

believes in respecting the environment, for instance,

would probably find a career in renewable energy

incredibly fulfilling.

You don’t have to find that perfect job; create it!

Entrepreneurship allows you to fashion a life and

career that directly align with your core values, like

helping others, saving the environment, or putting

family first.

4. Constant growth and development

Starting a company forces you to constantly improve

your skillset, from marketing to closing deals to

creating Excel reports. There is always more to learn

and apply to your business, which can prevent

complacency and encourage constant professional

growth.

5. Meeting like-minded people

Businessman Jim Rohn said, “You are the average

of the five people you spend the most time with.” By

becoming an entrepreneur, you will join a group of

ambitious and helpful people who believe in

bettering themselves and the world. It isn’t hard to

imagine that these connections will push you to

become a better person along the way.

Plus, there are plenty of opportunities to connect

with mentors, brainstorm with fellow professionals,

and reach out for help during tough times. No one

succeeds alone, but with a supportive network of

likeminded people, entrepreneurs don’t need to.

Tip: If you would like to connect with fellow

entrepreneurs while developing your skills, find your

nearest Community Futures regional office and sign

up for a business workshop now!

6. Unexpected and thrilling experiences

If you are considering becoming an entrepreneur,

you probably appreciate the value of the

unexpected. Not knowing exactly how the day is

going to play out when you wake up is exciting,

especially when compared to the predictable and

monotonous schedule of a traditional office job.

Another related benefit: responding to unexpected

situations teaches you to live in the moment and be

more present.

7. Choosing who to work with

Entrepreneurs can choose which clients to work

with, employees to hire, and partnerships to pursue.

If having control over business relationships appeals

to you, the entrepreneur life may be the perfect fit.

8. Greater self-confidence

Nothing boosts your confidence more than battling

self-doubt and coming out on top. Many

entrepreneurs become more confident in their self-

sufficiency as time goes on and they see what they

are truly capable of.

9. Leadership experience

Self-discipline, communication skills, passion,

optimism, patience, and unrelenting work ethic.

Building a company from the ground up hones these

leadership traits, which means that entrepreneurship

can transform you into an inspiring leader both

professionally and personally.

10.The best “offices”

Digital nomads are becoming increasingly common.

These types of entrepreneurs often combine fun

travel with online business, and work from cafes,

hotels, and co-working spaces in the coolest cities

around the globe, which can make for some neat

“offices.” Even if you aren’t trekking the world, the

ability to work from a local park, a beautiful café, or

even a home office (while wearing pajamas), is

incredibly tempting.

Source:https://cfmanitoba.ca/blog/10-awesome-benefits-of-becoming-an-entrepreneur