At some point or another, everyone talks about starting their own business. However, very few people actually make good on this. While it’s true that going into business for oneself is associated with various trials and tribulations, it’s also synonymous with a number of perks. When opening a business, there are always risks involved, but the things you stand to gain are well worth the initial discomfort. As you’ll find, there are several prominent advantages to becoming your own boss.
1. Controlling Workflow
Being able to control your business’s workflow can be extremely liberating – particularly if you’re used to dealing with large amounts of work. As the owner/operator of your own business, you’re in control of deciding how many clients and assignments to take on at any given time. You’ll also play an instrumental role in determining budgets, fees and deadlines for the projects you accept. This ultimately ensures that you and your staff will never feel overwhelmed by an unreasonable workflow. To learn more about continuing your education and becoming your own boss, check this out.
2. Controlling Who You Work With
Most people have at least one or two coworkers with whom they don’t get along. Sometimes, this is the result of incompatible personalities and viewpoints. In other cases, resentment stems from certain team members not pulling their weight or contributing to projects in any meaningful way. Anyone who’s worked with people they found repellent is sure to appreciate having full control over the hiring process. In your capacity as boss, you’ll be able to hire people with enviable skill-sets, impressive work histories and personable dispositions. Being at the helm also enables you to be selective when it comes to the clients you take on.
3. Controlling Work Hours
If you’re not a fan of the nine-to-five daily grind, being in control of your own enterprise put you in a unique position to experiment with unconventional work hours. A number of small businesses and large companies have found success with late start times, early quitting times and three-day weekends. Depending on the type of work your company does, adjusting your work hours can lead to increased efficiency and employee satisfaction.
Opening your own business – everyone talks about it, few do it, and even fewer are able to thrive. Since a large number of new businesses are unable to survive their first year, there’s little wonder as to why so few people follow through. However, business owners able to weather a tumultuous first year are able to enjoy a wide assortment of perks that would have been unavailable to them had they not taken the plunge.