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7 Reasons Being an Entrepreneur and Working For Yourself Rocks!

7 Reasons Being an Entrepreneur and Working For Yourself Rocks!

Getting out of your 9-5 comfort zone can be a tad scary sometimes. But the long-term satisfaction is way better than anything that requires you working on someone else’s dream.

Why not be an entrepreneur and work towards your own dream? Here are seven reasons why becoming an entrepreneur might be the best decision you’ll ever make. After reading LifeHack.org, of course.

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1. Flexible hours

When you work for yourself, you are your own boss. You can decide when to start working, when to go to lunch and when to go to the bathroom. I mean, don’t you just hate it when you have to ask your boss for ten minutes longer at lunch because you’re stuck in traffic? Then your pay is cut because you missed ten minutes at the punch-in. That’s why being an entrepreneur is so wonderful; you are independent to choose when you want to work. You are the only one who truly knows when your brain is most functional, so if that time is from midnight to 6 a.m., it’s perfectly okay!

2. Money goes directly into your pocket

Regardless of whether your boss pays you by the hour or on commission, he or she will always make more money than you. Period. I’m not saying that in a hateful way towards your boss, mainly because that’s why he or she is the boss! But, you can change the money process by becoming your own captain, so to speak. For example, if you work on commission at a jewelry store, selling a pair of earrings will only make you 10% of the price you sell it for, while your boss makes the rest. If you have your own store and sell your own jewelry, then guess what? You just bumped your paycheck up by at least 50%, and can now afford that new toy you never really had the freedom to buy. It doesn’t matter what your business is, everything you sell will directly go into your pocket when you become an entrepreneur.

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3. You develop self-discipline

Ah, discipline! There are two types of discipline: the one you get from your parents and the one you get at school or in the military. When you have a business though, the discipline you build is a combination of both what your parents gave you when you were younger and the discipline the military gives to its soldiers. It’s a discipline that will follow you for the rest of your life! You will learn to manage your time wisely and say “no” to distractions like the TV or the newest Vine that came out. It’s a discipline that you inflict on yourself because you want to, so it’s easier for to stick to it. This type of discipline isn’t punished physically, which is why it’s so powerful; it’s punished financially and mentally. If you are not disciplined when you work for yourself, it’s very easy to slide into the comfort zone and forget about responsibilities. In turn, this will decrease your motivation level and money supply as you stop completing your to-do list. That’s the worst punishment of all. When you are punished once though, you learn the real value of discipline and do everything you can to not be punished again.

4. You feel accomplished

You have your own business, make enough money to support your family (or are working towards that goal) and have time to enjoy yourself. You go to bed knowing that you did everything you could do that day to get you closer to your dream, and that’s what accomplishment looks like! You give 110% for every project you create for your clients, because you know that their satisfaction is what’s going to keep your business alive. You can look back at the progress you’ve made over the last few weeks, months, or years and smile. How can you not be proud of all the projects you’ve finished, all the money you made, all the days you woke up at 4 a.m., and all the times you failed and started again?

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5. You work on your own dream

If you don't build your dream someone will hire you to help build theirs

    Enough said.

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    6. Free to make your own rules

    Ever walked into a new office only to find an empty desk and a paper containing all the office rules you have to follow in order to keep your job? Ever sighed and rolled your eyes at some of those rules? Well, good news! There will be no more eye rolling when you work for yourself, because you make your own rules. You get to decide whether or not you’re allowed to drink coffee after noon or if you can wear jeans on days that do not begin with F. You are your own boss, you decide how much time you have to eat lunch or if you can leave your office to go for a quick run or not. Your rules can be funky, like making a client laugh at least once a day. The power is in your hands. Use it wisely.

    7. You’re taught lessons that school or work can’t teach you

    I don’t have anything against school or jobs, but it’s not okay that they don’t teach us how to be independent in the real world. From day one in Kindergarten, we are taught to depend on someone else in order to make decisions. You are taught to ask permission for everything you do and when the time comes to face the real world, you are paralyzed because you don’t know what to do! You don’t know how to deal with mean customers or how to speak the client’s lingo. When you’re an entrepreneur, you learn all those things through trial and error. You learn to be intuitive and to think fast for solutions without dwelling on the problem. You learn to manage your finances, your personality and your clients in a way that school or work can never teach you. Anthony Robbins once lost a big client because his nails were eaten to the skin, and the woman didn’t want to deal with someone who can’t keep themselves from eating their nails. He lost big money there, which is how he learned to calm himself down and always have clean nails. It’s a small thing, but fingers are the first thing that someone looks at when you put them on the table. It’s a small lesson, but he was most definitely not taught that in school!

    So, tell me, how excited are you to become your own boss?

    Featured photo credit: z0pmcwrN.jpg/Seemann via mrg.bz

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    Sarah Anton

    Editor and founder of The Fitrepreneur, aspires to improve people's living style.

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    Last Updated on October 13, 2020

    How to Get Promoted When You Feel Stuck in Your Current Position

    How to Get Promoted When You Feel Stuck in Your Current Position

    Have you been stuck in the same position for too long and don’t really know how to get promoted and advance your career?

    Feeling stuck could be caused by a variety of things:

    • Taking a job for the money
    • Staying with an employer that no longer aligns with your values
    • Realizing that you landed yourself in the wrong career
    • Not feeling valued or feeling underutilized
    • Taking a position without a full understanding of the role

    There are many other reasons why you may be feeling this way, but let’s focus instead on learning what to do now in order to get unstuck and get promoted

    One of the best ways to get promoted is by showing how you add value to your organization. Did you make money, save money, improve a process, or do some other amazing thing? How else might you demonstrate added value?

    Let’s dive right in to how to get promoted when you feel stuck in your current position.

    1. Be a Mentor

    When I supervised students, I used to warm them — tongue in cheek, of course — about getting really good at their job.

    “Be careful not to get too good at this, or you’ll never get to do anything else.”

    This was my way of pestering them to take on additional challenges or think outside the box, but there is definitely some truth in doing something so well that your manager doesn’t trust anyone else to do it.

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    This can get you stuck.

    Jo Miller of Be Leaderly shares this insight on when your boss thinks you’re too valuable in your current job:

    “Think back to a time when you really enjoyed your current role…You became known for doing your job so well that you built up some strong ‘personal brand’ equity, and people know you as the go-to-person for this particular job. That’s what we call ‘a good problem to have’: you did a really good job of building a positive perception about your suitability for the role, but you may have done ‘too’ good of a job!”[1]

    With this in mind, how do you prove to your employer that you can add value by being promoted?

    From Miller’s insight, she talks about building your personal brand and becoming known for doing a particular job well. So how can you link that work with a position or project that will earn you a promotion?

    Consider leveraging your strengths and skills.

    Let’s say that the project you do so well is hiring and training new entry-level employees. You have to post the job listing, read and review resumes, schedule interviews, make hiring decisions, and create the training schedules. These tasks require skills such as employee relations, onboarding, human resources software, performance management, teamwork, collaboration, customer service, and project management. That’s a serious amount of skills!

    Are there any team members who can perform these skills? Try delegating and training some of your staff or colleagues to learn your job. There are a number of reasons why this is a good idea:

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    1. Cross-training helps in any situation in the event that there’s an extended illness and the main performer of a certain task is out for a while.
    2. As a mentor to a supervisee or colleague, you empower them to increase their job skills.
    3. You are already beginning to demonstrate that added value to your employer by encouraging your team or peers to learn your job and creating team players.

    Now that you’ve trained others to do that work for which you have been so valued, you can see about re-requesting that promotion. Explain how you have saved the company money, encouraged employees to increase their skills, or reinvented that project of yours.

    2. Work on Your Mindset

    Another reason you may feel stuck in a position is explained through this quote:

    “If you feel stuck at a job you used to love, it’s normally you—not the job—who needs to change. The position you got hired for is probably the exact same one you have now. But if you start to dread the work routine, you’re going to focus on the negatives.”[2]

    In this situation, you should pursue a conversation with your supervisor and share your thoughts and feelings to help you learn how to get promoted. You can probably get some advice on how to rediscover the aspects of that job you enjoyed, and negotiate either some additional duties or a chance to move up.

    Don’t express frustration. Express a desire for more.

    Present your case and show your boss or supervisor that you want to be challenged, and you want to move up. You want more responsibility in order to continue moving the company forward. Focus on how you can do that with the skills you have and the positive mindset you’ve cultivated.

    3. Improve Your Soft Skills

    When was the last time you put focus and effort into upping your game with those soft skills? I’m talking about those seemingly intangible things that make you the experienced professional in your specific job skills[3].

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    Use soft skills when learning how to get promoted.

      According to research, improving soft skills can boost productivity and retention 12 percent and deliver a 250 percent return on investment based on higher productivity and retention[4]. Those are only some of the benefits for both you and your employer when you want to learn how to get promoted.

      You can hone these skills and increase your chances of promotion into a leadership role by taking courses or seminars.

      Furthermore, you don’t necessarily need to request funding from your supervisor. There are dozens of online courses being presented by entrepreneurs and authors about these very subjects. Udemy and Creative Live both feature online courses at very reasonable prices. And some come with completion certificates for your portfolio!

      Another way to improve your soft skills is by connecting with an employee at your organization who has a position similar to the one you want.

      Express your desire to move up in the organization, and ask to shadow that person or see if you can sit in on some of their meetings. Offer to take that individual out for coffee and ask what their secret is! Take copious notes, and then immerse yourself in the learning.

      The key here is not to copy your new mentor. Rather, you want to observe, learn, and then adapt according to your strengths.

      4. Develop Your Strategy

      Do you even know specifically why you want to learn how to get promoted? Do you see a future at this company? Do you have a one-year, five-year, or ten-year plan for your career path? How often do you consider your “why” and insure that it aligns with your “what”?

      Sit down and make an old-fashioned pro and con list.

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      Write down every positive aspect of your current job and then every negative one. Which list is longer? Are there any themes present?

      Look at your lists and choose the most exciting pros and the most frustrating cons. Do those two pros make the cons worth it? If you can’t answer that question with a “yes,” then getting promoted at your current organization may not be what you really want[5].

      The two most important days in your life are the day you are born and the day you find out why. —Mark Twain

      Here are some questions to ask yourself:

      • Why do you do what you do?
      • What thrills you about your current job role or career?
      • What does a great day look like?
      • What does success look and feel like beyond the paycheck?
      • How do you want to feel about your impact on the world when you retire?

      Define success to get promoted

        These questions would be great to reflect on in a journal or with your supervisor in your next one-on-one meeting. Or, bring it up with one of your work friends over coffee.

        Final Thoughts

        After considering all of these points and doing your best to learn how to get promoted, what you might find is that being stuck is your choice. Then, you can set yourself on the path of moving up where you are, or moving on to something different.

        Because sometimes the real promotion is finding your life’s purpose.

        More Tips on How to Get Promoted

        Featured photo credit: Razvan Chisu via unsplash.com

        Reference

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