Reasons to become an Entrepreneur

I was doing some research about entrepreneurship and I realize in most interviews with entrepreneurs, one of the most common question is 'Why do you want to be an entrepreneur' or something along those lines. So why would people want to become an entrepreneur? Below are some of the possible answers I came up with.

Be your own boss

Being an entrepreneur allows you to be your own boss. You are responsible for making decisions for yourself, for your employees and for the company. It is hard to be proud of doing a task someone else assigned to you. You want to do things your own way and be proud of what you have done without having to follow guidelines that fulfill the expectations of your bosses rather than yourself.

Pursue your dreams

Being an entrepreneur allows you to pursue your passions with greater agency and control over the direction of the particular venture without having to answer to anyone. You are able to do what you love and have a group of employees who will support and help you in achieving your goal. With passion in what you are doing, you can do big and go far. Just like how Steve Jobs would put it “people with passion can change the world for the better”.

Create Jobs for People

Entrepreneurship plays a crucial role in providing people with what is needed to keep their lives going – a job. From the cleaner of the office to the consultants hired to manage the company, a business startup create job opportunities for people and this leads to a sustainable economy – the very reason why government strongly encourages and supports entrepreneurship all over the world. By being an entrepreneur, you are able to contribute growth to the economy and provide many with their daily bread.

Make money

As compared to being an employee, being an entrepreneur enables you a greater chance to achieve greater financial rewards. Business startups can develop into multi business enterprise. Even if you are less successful, you should still be able to make a modest amount for a living and earn more money than the rest of the company. However, money should not be the only motivation for you to start a business. Money can only bring you this far, it is passion that keeps you and your business going through the years.

Encourage innovation in a Society

The progress of a society depends on those who are come up with innovative ideas and inventions. The creativity of successful entrepreneurship enables us to send a message to be received immediately across lands and oceans with just a click on the ‘send’ button and look up for information just by typing some words on the Google search bar. In the past, we have mobiles that operate by key pads. Today, we have mobiles that can operate by voice recognition. In the future, we want phones that operate by just thinking alone. By becoming an entrepreneur, you are able to bring much convenience to people’s life through the creation of faster and newer products.