Owning a business is better!
In a lot of ways, having a job is better than owning a business. That guaranteed paycheck is a big incentive. When you own your own business, nothing is guaranteed. That one fact is what scares most people out of ever even trying to own their own business.
Surely, there must be things about owning a business that are great or no one would ever own their business.
Here’s a list of the things that make owning a business better than having a job.
You are your own boss
This may be the most appealing thing about owning a business. You are working for yourself. You can set your own hours and take a pay raise whenever you need one. No more having to ask someone else if you can do something. Being your own boss is the ultimate freedom!
Having job means that you have to answer to someone else, all day long. You just know that they are going to ask you to do more than your fair share of the work and not get paid for it!
You have the opportunity for unlimited income
When you own your own business it is possible that you could make as much money as you want to. If you want to make more money, just go out and get more clients or sell more products. The only limit to your income is you. You can create other streams of income. You just add in a new product or service and you have another way to make money. Most people aren’t completely drive by making more and more money. Most people will find an income and stop and try to enjoy what they have, but you’ll always have that option.
In network marketing, you can recruit more people or sell more products to increase your income!
If you have a job, the boss is only going to pay you enough to make sure that you don’t quit. If you try to create another source of income on your job, you’ll find out how much they don’t like that.
If you decide to stop working at your job, you’ll stop getting paid.
You are trading your time and talents for money. Eventually, you run out of time and that’s as much money as you can make, in a job.
Tax write offs
If you own your own business, you can write off most expenses that you incur while running your business. Virtually anything that you spend money on in your business can be written off. You still enjoy all the same write offs that you have if you have a job.
If you have a job you get all the regular deductions for dependents, but not much more than that.
Time freedom
Being your own boss allows you to be in control of your time. If your child is in the school play, you know you can go and see it. You just don’t schedule any work during that time. You get to decide when you work and when you get to enjoy life!
If you have a job, there is always a chance that the boss might ask you to stay late. Forcing you to miss things that you really want to do!
Leverage yourself
Maybe saying that you can duplicate yourself is a better way to look at this. If you own a business, you can either hire people to do the work for you or to increase the amount of work that can be done or in network marketing you can recruit people.
In a job, it’s just you, trading your time for their money.
Job security
Job security is a thing of the past. At any moment you could have your job outsourced, off shored or given to a robot. Don’t laugh at that last one. The rise of the robots is coming.
If you own your own business, you can create your own security. You can create and determine your income in your business. You can diversify for added income and safety.
Having a job gives you a false sense of security. That steady paycheck does it for most people. They know they are worth more money, but they think that they can’t give up the paycheck. There are bills to pay and food to buy. I get it. If you take a chance on a business, you might lose everything.
That’s the beauty of network marketing. You don’t have to give up that paycheck. You’ll always know how you’re going to pay for your next meal. You can have your job and a business too. You just need to set aside a few hours each week to run your business.
That’s my list of the 6 most important reasons that owning a business is better than having a job.
Can you think of any other reasons that owning a business is better than having a job?
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