Since the day you start school, you’re taught to get good grades so that you can go to college and get a good job. It’s rammed down everyone’s throat as the only way to make a living. Why do people do this? It’s the norm. It’s the safe way.
Throughout life they may have heard of friends that tried to start businesses and failed. Which is not uncommon. Just one-third of businesses survive 10 years.
In response, they don’t want you to fail and will try to set you on the “safe” path. But guess what? Having a job isn’t so secure either. You could be let go at any time. The company has to downsize and you get let go. Or you stuck at the same job for 40 years with a 1% increase in your salary. Maybe you get a promotion here and there while saving up for your “golden years”.
Well guess what?
By the time you hit your golden years, you’re going to be old as hell and you will have a lot more fun with that money now.
Why wait until you’re in poor health or struggling to walk to enjoy the fruits of your labor?
People don’t think like that though. They think it’s too risky. When you’re trying to start a business, don’t be surprised if loved ones don’t support you. It’s not entirely their fault though. In their mind, they’re protecting you.
The Ultimate Question
I want to ask you something.
Do you want to live your whole life wondering “what if?” What if I started my business? Could I have my dream home? Dream car? Or more importantly, will I have the time and luxury to do what I want, when I want?
There is an old saying that says “Money doesn’t buy happiness.” In my opinion, money buys you the freedom to do what you want to do. The freedom to do what you want directly correlates to happiness. You can have time to workout, time for hobbies, time with your kids, time with your spouse, time for vacation, time to do whatever you want to do!
Running a business isn’t easy. But the cool thing is that if you put in the time now and scale it up, you can set yourself up for the future.
You’ll be able to let your money work for you passively.
You need to be prepared to work more hours. You need to prepare for downtime. You need to work harder than you have in your life. Hustling needs to become a part of life.
A study showed that 33% of small business owners work 50 hours a week, 25% work 60 hours per week or more.
But there’s a light at the end of the tunnel.
You’re not working for someone else – you’re working for YOU.
You make the schedule. You make the mistakes. You make the money. It’s a lot of work, but the rewards far surpass your 1% raise every year.
At a job even if you bust your ass, you’re making your boss richer, not yourself. You don’t have to slam your 1998 Civic’s door looking at your boss driving a new BMW when you work for yourself.
Working for yourself isn’t easy, but it’s rewarding. You’ll be able to take advantage of the fruits of your labor – not watch your boss get richer while you struggle paycheck-to-paycheck.
Will I Lose my “Security?”
Working a 9-to-5 comes with a lot of security. You’ll be paid on time by your boss. You’ll get benefits in a lot of cases. You only need to worry about your job position. If you perform your duties, you can go home and sleep well at night.
There is security in working for someone else, but then you’ll also lose the rewards.
Maybe you’ll move up, but maybe you won’t. When you work for yourself, you call the shots. You reap the rewards. But, you also take risks when starting your own business. These risks swell when you have:
- Car payments
- Other financial obligations.
The secret is that you don’t need to quit your job and start taking life-changing risks just yet.
Play it safe.
Instead of watching Sunday night football or every episode of Game of Thrones again, spend this time to start your business. When you get to a point that you feel comfortable with the money you’re making, drop to part-time at your job or go full-time with your business.
The truth is that there is enough time in the day to work a normal job and start your business. Get out there and go for it! If you need any help at all getting started shoot us an email on our contact page.