Time Magazine published an article about Generation X and entrepreneurship years back when entrepreneurship was beginning to gain momentum across the country. One man in his 20s told the magazine he wanted to be an entrepreneur so he could have more time playing golf. I still laugh about that. It is not a good idea to begin a business in order to get more free time. One of the most challenging ways to go about it is to begin a small business. Expect less time to work, not more. These are the most popular motives to begin a small business.
Common motivations for starting the entrepreneurial journey
You are actually a "born" entrepreneur
Certain business owners have an entrepreneurial gene. I once met one man who said the reason he started his business was because the fact that he "couldn't keep an employment." If you have a problem when you are told what to do or see the "better method" to accomplish something it's possible that you have entrepreneurial impulses running through your bloodline. But that doesn't mean you'll succeed, but you're likely to succeed more as opposed to working for someone else.
The sky is your limit
Although there is no guarantee that your business will be wealthy, for certain individuals, minorities, and women in particular, business ownership can give them the chance to break the glass ceiling. Entrepreneurship can be a great equalizer. Most people won't notice your race or gender when you provide a product or service they need at a fair price.
You control your destiny
If you're employed by an organization and the sales team has had a poor year, you could be fired even in the event that you performed well. As an owner of a business you'll make mistakes. But they're your errors and you'll get the opportunity to rectify the mistakes.
Your time is yours to choose.
Although owning a business doesn't allow you to work more hours but it lets you make your own schedule. You are able to take a day off, and return to work at 3:00 a.m. without needing permission.
what google did to me can make big dreams a reality
Most "doers" start as dreamers. George Bernard Shaw wrote: "Some...see things as they are and ask what the reason. Entrepreneurs dream things that never were and question why they didn't." Dreaming, of course, isn't enough. It is essential to make that dream a reality and transform it into a realistic goal complete with deadlines, tasks, responsibilities, and accountability.
Your passions are what you do best
Be sure that the things you're enthusiastic about are solid enough ideas to become profitable business. It doesn't necessarily mean that others are also passionate about the same things you do. Conduct research to find out if there is a market for the products or services that you are strongly about creating and selling.
You're unemployed
The entrepreneurial revolution of the 1990s was driven by professional workers who were laid off during the nation's first white-collar recession. In order to be patient and wait for the economy to improve, those who were unable to find jobs began their own companies. Many temporary businesses became full-time businesses following the technological revolution which included inexpensive technology and the advent of the internet.