Seven years ago, the financial crisis brought many middle and low class American families to their knees. No one would be able to predict that 2008 would show us such a powerful recession; and it was powerful. But, only something with so much effect could produce the generation of business professionals that we see before us. Starting your own business is now a trend – an offshoot of a need to take care of our own financial future, at many risks but ultimately for many, many benefits. Here are some reasons you should create your own career and start your own small business today:
- With stocks, the housing market and even jobs are getting an all-decade high, the U.S. economy can somewhat relax. This also makes an excellent time to become a business owner since jobs are expanding and consumers are spending!
- Being your own boss comes with great responsibility but also with enormous and amazing freedom! Although at first you have to work, work, work for it, it is easy to see when you look at fellow small business owners that the pros heavily outweigh the cons of financial independence.
- Some things are just true and it is completely true that technology drives the business industry. It also happens that it levels the playing field greatly between big and medium-to-small businesses. Relatively, most technologies are cost effective and easily learned or accessed; the only things standing in an entrepreneur’s way are their own obstacles.
- With more stability in industries like the housing market, credit availability is getting easier and easier for small businesses to obtain. After the market fell so low and loans were going kaput because the country was living beyond its means, loans became obsolete for most businesses that did not have pristine credit. Now that we have survived this latest big hurdle of the last few years, hopefully small businesses can find the money to grow where they need growth the most.
There are several reasons to start your own business that could be stated that could be as unique or personal as you can imagine. When you speak of finances, time and skills your work does become very personal. Take a hobby, skill or idea and research and work on it until it becomes something you are proud to manufacture or serve on a daily basis. Putting a personal touch on a commercial idea will not only allow you to make some big dollars but also do something you are impassioned about and if that isn’t the reason to venture out on your own and take that first entrepreneurial step then I don’t know what is!!