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7 Valid Reasons To Start A Business

7 Valid Reasons To Start A Business

What’s not to like about being your very own boss? You decide your own work hours. You set your own rules. And there’s no office drama to get in your way, right?

Wrong.

These fantasies cater to the illusion of an ideal work environment. In reality, you have to be ready to face the challenges that come with putting up your own business. You decide your own hours, but you’ll frequently need to adjust your schedule to accommodate more work. You get to set your own rules, but adhering to them won’t simply be a matter of discipline – it could make or break your company. And while you certainly won’t have to tolerate petty office drama, you’ll still have to deal with difficult people day in and day out.

Before you start a business, you need to have the desire, drive, and passion for change and innovation. Wanting to simply escape office politics is not enough. Shallow, self-centered motivations will not give you the drive to last on your own in any industry. In the end, you’ll give up and ask yourself “What am I doing? Who am I kidding? This is not for me.”

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Before you decide to jump on the entrepreneurial bandwagon, consider these 7 valid reasons to start a business:

1. You have an idea you can’t stop thinking about

“When you find an idea that you just can’t stop thinking about, that’s probably a good one to pursue.”  –Josh James, CEO and Co-Founder of Omniture

Do you often ponder an idea before you go to sleep and think about it again first thing in the morning? Does brainstorming this idea leave you staring into space for hours? If you keep thinking about bringing this idea into reality, perhaps fate is telling you to make that move. When Joe Gebbia and Brian Chesky first turned a profit renting out three air mattresses on their apartment floor and serving breakfast, they thought their idea could actually work. It did. What started as two guys’ solution to earn rent money is now called Airbnb.

2.  You have a solution to a major problem

“One can get anything if he is willing to help enough others get what they want.”  –Zig Ziglar, Motivational Speaker and Author

This is the reason some businesses thrive and grow into huge corporations. All problems are meant to be solved, but not all of them require mega fundraising or massive investments. You need to have the solution to a large-scale, tangible problem. Dave Barnes, CEO and Founder of Gym and Fitness, started his business at the young age of 18. He was shopping for home gym equipment and noticed a huge gap in the online market. What started out as a hobby quickly became an obsession. He quit school, and is now the owner of multiple gym equipment stores all over Australia.

3. You are in a perfect situation

“Even if you don’t have the perfect idea to begin with, you can likely adapt.”  –Victoria Ransom, Co-Founder of Wildfire Interactive

You are in the right place, at the right time, with the right people. This formula often leads to something epic. If an opportunity comes knocking, and you feel with all the bones in your body that it’s best thing to do, then you should probably follow your instincts. When Chad Mureta, founder of App Empire, got into a debilitating accident that left him in the hospital with a mountain of bills, he took a leap of faith by venturing into an industry he was not familiar with. Now, Mureta has already produced 46 apps and sold three app companies.

4. This is your passion

“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”  –Steve Jobs, Co-Founder, Chairman and CEO of Apple

If you’re starting a business just because you can, then you’re starting out wrong. It takes more than knowledge and experience to become a successful entrepreneur. Hannah Grant, owner of Captura: Wedding Photography in Adelaide, started her business because she was drawn to capture the emotions of people and paint those heartfelt, authentic, joyful sensations through photography. That is passion. It’s beyond the financial aspect. If your work is your passion, then you won’t have to work a single day in your life.

5. You are born to be an entrepreneur

“Trust your instincts.”  –Estée Lauder, Founder of Estée Lauder

Do your friends or relatives often say you have huge potential to succeed in business? Did you ace your backyard lemonade stand or your scout troop’s cookie quota when you were a kid? You should use that unique instinct on something bigger. That is a trait that cannot be learned over time. It’s something you are born with. Embrace it. Apple’s co-founder, Steve Jobs, began what is now a groundbreaking company specializing in innovation in technology… in his parents’ garage.

6. You have years of experience behind you

“Your most unhappy customers are your greatest source of learning.”  –Bill Gates, Microsoft Founder and former CEO

Like a soldier, trained and armored for war, you already know the ups and downs of your business and the complex nuances of your industry. You know this is what you want. You have years of experience behind you. It’s time to blaze a new trail. Bernie Marcus and Arthur Blank, co-founders of Home Depot, were once fired from their executive jobs. However, that didn’t stop them from revolutionizing the home-improvement industry. Combined, they had years of experience in the industry and changed how we deal with DIY projects.

7. You’re a fresh graduate

“The biggest risk is not taking any risk… In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” –Mark Zuckerberg, Chairman and CEO of Facebook

You just graduated and you’re ecstatic. Let that feeling make you do crazy things you’ll probably not want to do in three or four years. Use that confidence to start your own business. What’s there to lose when you have all the time you need? While your friends work toward a promotion at some other company, you’re on your way to becoming the boss of your own company. Mark Zuckerberg was an undergraduate when he started Facebook, but fast-forward, and his one-time “hot or not” site has become a central part of our lives.

As Mr. Donald Trump once said, “You have to think anyway, so why not think big?” Yes, becoming an entrepreneur is always risky. Yes, it’s constantly changing. And yes, there’s no such thing as playing it safe. But the feeling of accomplishing something, doing what you love the most — that feeling will just propel you to go further. You never know – you might become the next Bill Gates!

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Last Updated on September 20, 2018

How to Be Happy at Work and Find Fulfillment in Your Career

How to Be Happy at Work and Find Fulfillment in Your Career

If you’re going to spend 1/3 of our life at work, you should enjoy it, right?

Trust me, I know that’s easier said than done. Difficult coworkers, less-than-desirable tasks, or even just being in the wrong position can all lead to a lack of enjoyment and fulfillment in your work.

But what if I told you it doesn’t have to be this way? Or better yet, if you struggle with all of the above (and then some), what if I told you that enjoying your work and finding fulfillment regardless of those obstacles is possible?

Don’t believe me? I don’t blame you because I was there too. Before implementing the tips below, I struggled to get through each day, much less find real fulfillment, in the office. Now, even after the toughest days on the job, I still come away with feelings of pride, accomplishment, and fulfillment. The best news is, so can you.

If you’re ready to make those hours count and find happiness and fulfillment in the office, then read on to find out how to be happy at work and find fulfillment in your career:

1. Discover the root(s) of the problem

For this first step, we’ll need to think back to 8th-grade physics (humor me). We all know Newton’s 3rd law, “for every action, there is an equal and opposite reaction.” When you think about it, the same can be said outside of physics, and we see this law play out in our daily lives, day after day.

Simply put, all the issues we deal with in the office (and life in general) affect us in a noticeable way.

If you’re appreciated at work, like the work you do and receive frequent praise, promotions, or raises, then this will probably have an altogether positive effect on your life in the office.

But what if we reverse this? What if you feel under appreciated, get passed up for promotions, or get denied raises? This is sure to affect the way you feel at work on a negative level.

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So, before you can implement the steps of feeling happy and fulfilled at work, we first have to discover the reasons why you don’t feel that way already.

Think about it, write a list, or make a mental note. Run through all the reasons you’re dissatisfied in the office, and don’t hold back. Knowing the exact obstacles you’re facing will make overcoming them that much easier.

In fact, as a side-challenge to this article, I recommend picking the top three reasons contributing to your dissatisfaction at work and using the following tips to tackle them.

2. Practice gratitude for an instant uplift

Did you know the simple act of feeling grateful can increase your happiness and make you more fulfilled at work?[1]

Well, it’s true, and it’s scientifically proven.

Dr. Lisa Firestone notes that practicing gratitude “reminds us of what we lacked in the past.” Meaning, it serves as both a boost to happiness and a bit of a wake-up call that things have been or could be, much worse.

Trying to conjure up feelings of gratitude can seem almost impossible when your work situation seems bleak, but hear me out: There are incredibly easy ways to get started and it doesn’t involve trying to “force” yourself to feel grateful about things that stress you out.

For an instant pick-me-up, try this:

Find a loose piece of paper, a blank sticky note, or anything you can write on, be it physical or digital. List just three things that you are absolutely without-a-doubt thankful for in your life.

Now here’s the trick: Don’t just list what you’re grateful for, you have to list why you’re grateful for them, too.

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For example, simply saying “I’m grateful for my kids” will probably make you feel good, sure, but what if we could amplify the warm, fuzzy feeling into real, lasting motivation?

Instead, write the reason you’re so thankful for your children. Is it because they make you laugh and forget about other stressors? Or maybe they help to remind you of why you go to work every day in the first place?

Whatever your reasons may be, jot them down and keep your list somewhere you can see it while you work. A quick glance at your gratitude list throughout the day can provide powerful, positive motivation to keep going.

Bonus:

If you can find just three things to be thankful for that specifically relate to your job, and list why those things make you grateful, your list can also help you find fulfillment in your work itself which can give you an even bigger boost of positivity throughout the day.

3. Take meaningful time for yourself

We all know creating a strong work-life balance can be crucial to feeling satisfied in our jobs, but rarely do we ever address how we’re spending our time outside of work.

Many of us survive a 9-hour work day and commute home only to find ourselves busy with our personal to-do lists, running a household, and taking care of a child (or 2 or 3, and so on).

If you spend all your time working, whether in the office or within your household, you’re going to feel drained at some point. This is why setting meaningful time for yourself every day is highly important.

Look, I get it: I don’t know anyone in the working world who can shun all responsibility for a 3-movie marathon or happy hour with friends whenever they feel like it. But finding time for yourself, be it just 30 minutes to an hour, can really make a difference in how you feel at work.

This works because you’ll have time to actually relax and let the day’s stress melt away while you enjoy something just for you. The to-do lists and stressors will still be there after you’re refreshed and ready to tackle them.

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No time for me-time? Try this:

If you have a busy household, you’ll need to capitalize on a block of time you know will be completely uninterrupted. The easiest way to do this: try waking up 30 minutes to an hour earlier than usual (or push bedtime back an hour if you’re a night owl, like me) and take time to do something you enjoy.

This could be reading with a cup of tea, catching up on Facebook, spending time on a passion project—anything! As long as it’s meaningful to you, it works!

Bonus:

Starting your day with meaningful time for yourself can set you up to have a positive mood that lasts well into office hours, and having your me-time in the evening can give you something positive to look forward to during the day.

4. Get productive and feel accomplished

Don’t you just love the feeling of checking the last item off of a hefty to-do list? That’s because self-motivation can be a huge driver of positivity and success.

When we accomplish something, no matter how small, it makes us feel good, plain and simple. Applying this tactic to your daily work can be the motivator you need to find fulfillment during the daily office grind.

While there are tons of steps to get more done at work, I’ll share my personal favorite: Prioritizing.

Now, many people handle prioritizing differently. Some like to tackle the little tasks first so they can spend focused time on the big to-dos. Others like to knock out the big items first and get to the smaller ones when they can.

No matter which camp you’re in, you may be missing one crucial step: Time management.

So how’s this work? When you factor in the amount of time your priorities will take, it can transform your productivity ten-fold.

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Say you have three top priorities for the day. You might jump into the smaller ones or the bigger ones depending on your preferred method, and then find yourself out of time and bringing work home with you at the end of the day.

This is prevented when you factor in time. Knowing how long each item will take, or deliberately setting specific blocks of time for your priorities can help you accomplish more in the same 8-9 (or 12) hours that you typically spend at work.

Try this:

Take a look at your priorities and consider how long they should take. Pop into your Google calendar (or Filofax, whatever works for you) and schedule time to work on your priority items around any important meetings or events of the day.

The most important thing to remember is to stick to your dedicated time.

Often, when we know exactly how long we have to work on something (and honor this time limit), we’re motivated to get more done on time to avoid taking work home at the end of the day.

The bottom line

There’s no need to waste 1/3 of our lives feeling unsatisfied at work. Luckily, you now have the tools to get started, take back your time, and become happy and fulfilled at work again.

The only question is — which tip will you try first?

Featured photo credit: Ellyot via unsplash.com

Reference

[1]Psychology Today: The Healing Power of Gratitude

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