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Objectives of Entrepreneurship

November - 18 - 2011

There are many reasons why people want to start their own business. According to statistics in 2009 300 people out of 100.000 people started their own business in the US. The agency which conducted this research thinks that the main reason is the desire to create new jobs but we think that the reasons are more selfish. Here are some of the reasons why people want to start their own business.

  • The first thing on our list is being their own boss. Working in a corporation where your boss has a couple of bosses himself and so on up the food chain leaves you feeling like the smallest of some nesting dolls that one by one eat each other, leaving you in a tight and dark spot where you haven’t the possibility to take any decisions for yourself.Many people hate the fact that they have a boss maybe because they do not like to be controlled or because they have had bad experiences in the past. This reason is most common in people who start their own business. Another reason could be the fact that they do not want to be stuck in a cubical for many years until they move forward, this is not good for their mental health.
  • Another objective or season why people begin a business on their own is pursuing an idea. When you work in a corporation you do not have the liberty to put out ideas, all you have to do is stick to your responsibilities and accomplish commands and nothing more. When you have your own business you have the possibility to do what ever you want and put in action all your ideas. You can start a flower shop, a wedding planning company, a sports equipment website and so on, not being afraid your ideas will be rejected; one has to be careful though, because sometimes the lack of criticism and boundaries can lead to bad decisions.
  • The third objective involves more money, when you are an entrepreneur you earn more money. One of your goals is to earn a lot of money and the good side to all this is that you earn more in this position than if you were an employee. The disadvantage to being your own boss is that you are responsible for paying all the bills which means that you have to choose your business wise. Look for a business which will actually bring you income. Of course, one of the main characteristics of a business that you start and run yourself is that it has to be something you enjoy doing, but when you can’t make pleasure meet the practical, you need to rethink your priorities. For example, just because you adhere to Democratic Party views doesn’t mean you should start a blog supporting those views; it is much more probable to gain lots of followers by being more objective, and presenting things as they truly are. Nobody will care about your Democratic Party views, because they have them as well, or because they totally disagree with them; however, if you play middleman and try to find connections between opposite parties, or if you adopt an objective point of you, it will be much easier to create good content for your blog.
  • The last objective is owning your own time. At the beginning you will have to invest a lot of time into you business but as things begin to settle you will have the possibility to choose how many hours you want to work and in which days you want to go to work. People choose to start their own business because they can control their own time, they can choose to work from home if they are not feeling well or if they have small children.

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