WHY YOU SHOULD START YOUR OWN BUSINESS NOW

About 2 decades ago, life was balanced. You could go to school, get good grades, get a good job and retire at 65 with enough money in your bank account to pass you by before you die. Only people with extraordinary dreams were daring to go for a different root, to build their own businesses. Why should you take all the hassles of building a business why you can get a safe secure job and be assured of a better life? That question doesn’t apply today, I will show you why. The following reasons will challenge you to think about it in a different outlook if you haven’t done yet, pick your reason and go for it. If you miss these facts today they might never come to you again in such a simplified form.

•                        So You Don’t Have To Be An Average Person

If you attempt to be an average person, you will be left behind very soon. The steady paychecks have a tendency of incrementing at a very low rate compared to the increment of costs in streets. If your paycheck increments by 5% per year, in the same year the costs of items has gone up by almost 30%. How do you supplement the 25%? Otherwise your life will fall a little bit lower the following year, and little bit lower the next one and so on…  how do you solve this? Set up a business do it part-time that can later set you free of this trap.

•                          Globalization &Technology Advancement

Have you ever heard of a ‘Monkey Training school in Thailand’? They train monkeys to harvest coconuts in palm tree, they train monkeys to serve in restaurants. You might think this is not for you: a single ATM machine can replace up to 4 employees, it works 24/7, no salary increment, no pensions, no boycott. How can you compete with this machine? You might think this is not for you as well, what about globalization? You are competing with everybody in the world, whether you are in business or employment do you stand a better chance?

Colleges are still manufacturing employees every year. While the world doesn’t need any more employees, it needs entrepreneurs to take advantage of the evolving technological growth. Why don’t you swim in the direction of the pool so you earn the advantage of it? Go out and set up a business or you will be wiped out.

•                     Retirement

If you are about to retire, this will make sense easily. Even for those who are not approaching the retirement time, one day we will be there. In the mean time you are healthy and productive; you can earn income and make the life roll over softly. But there will come a time you won’t be able to work because of age factor, but you will still need the money… how are you going to be earning? You might think the pensions will be enough, they won’t. Or you might think it’s just okay to use your sons as sources of income, it’s not fair. It takes such a tough question to starting building a business system today that will be earning you income when you retire, so you won’t have to call them for a help.

•                      Stable Income (Passive Income)

Whether you have a business or employed, if your income needs you such that production might not happen until you are there, then you need to diversify your income. You need to build another line of income to level your ups and downs of your current business or your current insecure job that can be taken by another person anytime. There is no such a thing as job security nowadays. So this might be your reason why you should start building another source of income especially that can give passive income.  

•                      Big dreams

There are people who simply have big dreams. Their dreams are too big to be fulfilled by simple plans, they need different kind of opportunities. It’s like someone wants to travel for Dar es Salaam to Nairobi and the available vehicles are bicycle, Bajaj, Motorcycle, Car and a plane. It sounds no sense to decide to use bicycle though can cheaply be accessed. Even if you can give 100% commitment to the activities, your plan will let you down. You need a vehicle that can be able to get the job done. That is why people with unfulfilled dreams are constantly looking for businesses that can offer big success.

However, people with big dreams are few, but believe me, they are there. Guess what, you might be one of them. Go out pick the challenges that go along with and make it happen.

See You At The Top!