Why start a business: 5 reasons

To earn more money

You might as well talk about it right away so you don't have to come back to it: you may want to start a business to earn more money. It is an honorable motivation, of course. But the reality is a little more complicated. Indeed, starting a business often means earning less money at first, if at all. Subsequently, it often happens that business leaders do not actually earn more than they were paid by being employees. It depends on the economic model, the market, the sector, etc. That being said, of course, bosses generally earn more than the average employee. So yes, you can create a business to earn more money, but don't forget that it can take time ...




To be your own boss

This simple motivation may suffice. Do you want to manage your working time as you wish? Do you want to be independent and be accountable only to your customers? Tired of following someone else's strategy? Do you want to be the only master on board and put your ideas to the test? So it is quite possible that the time to start your business has come: you have the soul of an entrepreneur. Because being a business manager means being alone, having to do everything (from accounting to prospecting through the completion of contracts), assume all the risks, and move forward. For some this state of affairs is a brake, for others, it is on the contrary a driving force. If you're in the second category, go for it.

To devote himself to his passion

Yes: you can also create your own business to devote yourself to your passion. So the other motivations and brakes become incidental: what matters is to make a living from your passion. If starting a business on the sole basis of passion is a fine bet, but risky, on the other hand, passion must be fiercely present, whatever your main motivation for starting your business. It is indeed only thanks to the passion that you will overcome difficult times and that you will be able to convince your customers, partners, employees.

To work, quite simply

30% of businesses created are by job seekers. So yes, very often, starting a business is simply to work. And this is already very good. Whether they are creating themselves as a self-employed company, an Individual Company (IE), or a company, those who create their business simply to create their job gain in motivation what they sometimes lose in preparation, experience, and knowledge of the world of entrepreneurship.

Because the conditions have come together

There is indeed also a "because". Sometimes it is a simple fact that the conditions are right that we ask ourselves the question. Sometimes we have everything: the motivations, the economic model, etc. … But the conditions are not met: the market is not ready, neither are the suppliers, the economy is bad, the season is not good, etc. In short, setting up a business also means finding the right timing to arrive in a market that will welcome you. So you have to know how to enter the scene at the right time.

https://www.davepamah.com/2020/09/from-doctor-to-7-figure-entrepreneur.html?showComment=1601966413882#c7916591002851007682
http://www.famicare.com.sg/p/our-doctor.html?showComment=1601966825849

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