Being in love is great. Being in love with your business, when you’re an entrepreneur, is even better. Waking up each morning knowing you are getting to do exactly what you love is more than most people could ever say about any “job” they have had. Although there are days when tossing in your hat seems like a viable option, remembering how much you love your “job” can quickly snap an entrepreneur out of that mentality. Different business owners also have different reasons why they love their business. It might be the products or the customers they deal with, or it could even be the fact that they are the ones in charge of it all. The reasons are as varied as the businesses themselves.
We asked some entrepreneurs what they loved about “being their own boss.”
#1- Freedom of decision making
When you're an entrepreneur, I believe you make a lot of sacrifices. Being an entrepreneur is not for the faint of heart. However, if you give everything you have and succeed, you will be rewarded with a sense of pride that you will never experience as a cog in a large corporation. Nothing compares to achieving success with something you've created. With no board members, coworkers, or other stakeholders to answer to, I have complete freedom to make my own decisions, which allows me to move quickly and launch new initiatives on the fly.
Thanks to Edward Mallete, Wikijob.uk!
#2- Making a difference
Many people become entrepreneurs because they believe strongly in and are passionate about the product or service they provide. If you talk to a few entrepreneurs, almost every one of them will tell you that they started their company because they wanted to make a difference and have a positive impact on other people's lives. Being an entrepreneur has a lot of positive aspects. Being an entrepreneur may be a liberating experience from the confines of the corporate world.
Thanks to Jake Smith, Absolute Reg!
#3- Growth opportunity
The ability to expand is one of my favorite aspects of being an entrepreneur. This is something that some people think about. Change is a natural part of life that occurs with or without our permission. It's an unavoidable part of life that might be for the better or for the worst. Some changes can be challenging to accept, while others can be thrilling and enjoyable. Things that will always change are what propels mankind forward in their quest for knowledge, wisdom, evolution, and growth.
Thanks to Adam Fard, Adam Fard' UX Agency!
#4- Personal satisfaction
Knowing that your dream offers joy to others has been really rewarding. I wanted to provide a creative and timeless touch to memorable occasions that bring joy to countless families, which is more than any entrepreneur could hope for. Many of us go to bed each night with the feeling that we could be doing more with our lives. Rather than allowing this anger to fester, some people channel it into a viable business that provides them with a much better sense of fulfillment.
Thanks to Dr. Pooneh Ramezani, Dr. Brite!
At the least – it's more rewarding than a traditional job. You can pick your field, industry, the people you serve and work towards goals that you ultimately set. It's liberating and empowering. Even though it's more work (from my experience), it ends up being far more satisfying. You get the opportunity to discover how creative and determined you are in solving and exploiting the problems you encounter as you build your business. And, in the end, you are entirely responsible for your success, but also your failure.
Thanks to Jake Jorgovan, Lead Cookie!
#6- Being in control
The thrill of having control over your own destiny. This is something I can't emphasize enough. On the plus side, you accomplished something when things go well or you make progress. It was made by you. Despite the odds being stacked against you, you learned the full range of abilities required to run a business and develop something. There is an extraordinary sense of accomplishment that may take months if not years of hardship worthwhile.
Thanks to Sam Browne, Find a Band!
#7- Flexibility of work
I get to work with the most ambitious and energetic small business owners. They are very engaged with their SEO services and it's rewarding to see them hit their goals. Allowing themselves to continue to live the life they want. When I worked for an employer, I was limited to vacation days or weekends to visit friends and family. But being able to work any time, anywhere provides me the flexibility to visit family and friends for long periods. I am so grateful for this aspect of my business.
Thanks to Barb Davids, Compass Digital Strategies LLC!
#8- Being a change agent
I love being an entrepreneur because I have the ability to impact my community and create change. Through my non-profit Women Of Integrity Inc., our mission is to educate and empower women of all ages & ethnicities. I enjoy giving back and being of service. Through our various community outreach events, volunteering, and mentorship we are able to make a difference in the girls' lives that we work with. It has been a blessing serving my community and has helped make me a better person.
Thanks to Shantay Carter, Women Of Integrity Inc!
#9- Satisfying the consumer
You solved a client's need by being a business and if you aren't satisfying a consumer need and are merely working on a concept, you aren't a business owner you are a hobby owner. One of the most thrilling moments is when a client purchases your solution. It's a day when someone tells you that you're making a difference in their lives. The feeling of fulfillment is incredible. It's all too simple to merely fit into the system in the workplace. It's nearly hard to hide in a corner in entrepreneurship so you can proudly say I did it when things go well.
Thanks to Rameez Usmani, Code Signing Store!
#10- Being engaged
Whenever I used to hear the word ‘engaged,’ I’d think about rings, proposals, and usually a lot of anxiety about the future. The truth is that entrepreneurship is just like that, it takes a huge leap, a large personal investment, and then an extended period of working toward a big event. But the word ‘engagement' also means the feeling of being focused. I remember the occasional Tuesday or Wednesday during my corporate career that I felt I was ‘in the zone.’ Now, I find that feeling nearly every day. Here’s to being engaged!
Thanks to Alex Rabens, Mickey Trading!
#11- Choosing your clients
One of my favorite aspects of being an entrepreneur is that I get to pick and choose which clients I deal with. It's difficult to like going to work if you're not working with clients you respect. I enjoy working with clients who are as enthusiastic about their ambitions as I am. When you work for someone else, you're frequently forced to deal directly with clients you despise or are not comfortable working with. Being your own boss gives you the freedom to choose which clients to work with.
Thanks to Jennifer harder, Jennifer Harder Brokerage!
#12- Having a work-life balance
Committing to oneself to provide top-notch results and perform at the highest standards for every client, 24/7, is a demanding profession. While it is possible to make life simpler for your family and others close to you as well as help your career by taking on projects, finding the proper balance between your work and personal life, and having some social life is difficult. When it comes down to it, being passionate about your work and doing what you love is truly rewarding.
Thanks to Teo Vanyo, Stealth Agents!
#13- Making informed decisions
An entrepreneur is one who takes a calculated risk by forecasting profit and loss. For this, the decision-maker is basically an entrepreneur. If things go smoothly he's the one who gets credit, if there's a loss he's the one who learns from it. No one will say anything to him and that is one of the things which I love about being an entrepreneur. Next time he will learn from his mistakes and will execute things in a more proper way which will somehow decrease the probability of a failure.
Thanks to Jack Altmen, Think Orion!
#14- Taking your own decisions
As an entrepreneur, you get to make your own decisions, so you can work on something you’re passionate about while also being in control of your own income. When you’re working as an employee at someone else’s company, they decide your duties and your goals. Speaking of learning, education never ends for entrepreneurs. There are constantly learn necessities when you are managing your own business. It does not matter what degrees or studies you are achieved in the past, it can’t prepare you for the lessons of running a real business.
Thanks to Robert Colville, The Lazy Trader!
#15- Continuous learning process
Well, being an entrepreneur is never easy, and you will come close to quitting up many times due to the difficulties you will face. That is, however, one of the things I enjoy about being an entrepreneur. For me, the most enjoyable aspect of being an entrepreneur is experiencing the rush of being pushed and learning from it. Being an entrepreneur is a never-ending learning process that you must go through in order to be successful.
Thanks to Eduard Klein, Eduard Klein!
#16- Exposure to many work domains
What I love most about it is its exposure through all the spheres of work responsibilities. Only the domain knowledge of technology and development won’t suffice. To manage a team of diverse departments of Vantage Circle, I had to do a lot of research and my experience of over two decades has been my strength. It feels very privileged to be able to provide employment and to build an engaged workforce who strived hard to transform my and Partha’s idea to a globally recognized platform.
Thanks to Anjan Pathak, Vantage Circle!
#17- Watching an idea grow
While being an entrepreneur is a big responsibility because every decision you make
impacts your business, being able to have the power to create opportunities and innovate is a great thing. It's a great feeling to create an idea from the ground up and see your product/service change lives. As an entrepreneur, you also get to pick people you want to work with. Picking people who share your drive and passion is crucial to the success of your business.
Thanks to Lauri Kinkar, Messente!
#18- Building a legacy
The fact that I am able to work on my own dreams, make a positive impact and build a legacy, is what I love the most about being an entrepreneur. And being a mindset coach and business strategist, empowering Tech Experts to boost their business and themselves, I feel double blessed because I get to help other entrepreneurs to achieve their ambitions, goals. There is no better feeling than seeing your clients succeed, knowing that you’ve contributed to their success.
Thanks to Erwin Wils, Millionaire Life Strategy!
#19- Having limitless options
Being an entrepreneur is wonderful because the options are limitless. You can be as inventive and imaginative as you want, and the result will be the most satisfying. It
allows me to take a calculated risk passionately. It gives me the freedom to put all the ideas in my mind into action. And also, not only do I overcome difficulties in my business, but it also enables me to grow as a person. Lastly, in entrepreneurship, if I want to earn more money and work harder, surely success will happen.
Thanks to Martin Luenendonk, FounderJar!
#20- Being autonomous and compassionate
The liberty of making decisions on your own never made its full sense until initiating something of my own. If you develop the courage and listen to the voice in you, then the results are bound to be successful and bring out the best in you. The arena of entrepreneurship often fails to project the values of compassion that flourish from constant teamwork. The beauty of collaborating with a diverse group of people and working out differences makes you more compassionate and respects human dynamics.
Thanks to Kajal Naina, Kajal Naina!
#21- Standing up for what I believe
Being an Entrepreneur also offers you the chance to stand up for what you expect, and spread the word. I’ve been successful enough to be invited to many conferences and business actions to speak about virtual help and outsourcing–strategies that I believe every business owner should involve into establishing their businesses. I’m very passionate about supporting other entrepreneurs to leverage life in a fashion that favors them to grow in a more productive and successful way.
Thanks to Shiv Gupta, Incrementors Web Solution!
#22- Improving existing businesses
In reality, few people come up with brand new ideas. None of my ideas are really new. But when I see an interesting business that doesn’t function as well as it can, this is when I’m likely to get excited about a project. When you take an already existing concept, but
make it more efficient, better priced, or create a system that serves the customers better than it used to – this is fun. I love making new discoveries, coming up with a new way of doing something, and then systematizing it – teaching others to do the same.
Thanks to Viktoria Altman, BSP Legal Marketing!
#23- Facing challenges
It is not for everyone yet for those who are independent, visionaries who will not allow failures to get in their way, it is a way of life. I risk what I have created to create something better for my clients and employees. The first path I take may not be successful yet I will make a small turn or adjustment and keep moving. An entrepreneur knows risk equals reward. If I am not willing to take risks I will not reap the benefits down the road.
Thanks to Amy Kite, Amy Kite!
#24- Pursuing my passion
Being an entrepreneur gives me the opportunity to help a lot of people while also allowing me to pursue my passion. It's like getting paid to do what I enjoy the most, and it's truly priceless. Well, of course, the classic ‘not having a boss’ is also a huge one. But it's having the time, above all other resources, to study and improve me while assisting
individuals in making one of the most important decisions of their lives – buying a house – that I like the most.
Thanks to Kris Lippi, SoldMyHouse!
#25- Being in charge
Being an entrepreneur is not for the faint-hearted as along your journey to success you will have to fulfill many different shoes. But that’s what I love about it, you get to learn so much in different areas of business and life. Being your own boss comes with its challenges but it also offers you the opportunity to set your own rules and stand up for what you believe in – be the queen of your own destiny. You also, get to choose when you work and who you work with, life is too short to have it any other way.
Thanks to Julie Barnes, Cat in a Flat!