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10 Benefits Of Being An Entrepreneur
1. Be In Control:
The best thing about an entrepreneur is that he is in absolute control of his life. He doesn’t have to report to anyone. He can take a vacation whenever he feels he needs to. He decides what can happen in his business. Above all, no one can fire him. It’s absolutely great to be your own boss and create your own destiny.
2. Work becomes fun:
Now, most people who work 9 to 5 are always exhausted at the end of the day and dreading the morning of the next day. Especially after the weekends. Some call them “Monday Morning Blues”. Now, an entrepreneur works 24/7 and therefore puts all of his energy into his work. Working so hard, he enjoys whatever he does and because of this, whatever endeavors he puts his efforts will ultimately prove to be very successful. Work is what you have to do while fun is what you don’t have to do. (From Tom Sawyer-Mark Twain.) So now the equation is WORK=PLAY.
3. Free From Boredom:
Arthur Schopenhauer, the great German thinker and philosopher, says that there are two kinds of misery. One is the misery of the working class, another is the boredom of the born rich, fashionable society.
Working Class Misery: Because these people are busy generating wealth for others, the one thing they crave every day is REST. They want to enjoy life to its limits, but they can’t. They are bound by their work.
Trendy society misery: Now, these are the few individuals most people wish to become. It really is a wonderful thing to be rich and do all the things that a typical “working class” person dreams of doing. Now let’s look at it from a celebrity’s point of view. Because these “dirty rich” people can do anything they please, they actually get to a state where nothing else gives them a “high”. Parties seem fun and physical pleasures are very tempting. Now imagine doing the same things over and over again in boring monotony. Then you come to a state of “ennui”, a state of absolute boredom. The other end where the “pendulum” of life swings, according to Schopenhauer. So, to stimulate their senses beyond what is natural, the typical celebrity resorts to drugs, which is just the beginning of a complete havoc for them.
Now, an entrepreneur, even if he gets really rich, doesn’t do it primarily to enjoy the pleasures of the rich. Being able to realize his ideas of him is what satisfies him. For a true entrepreneur, work is not a means to an end. It’s an end in itself. The process is as rewarding to him as the final product. Because an entrepreneur is consumed with his desire to work hard, he really doesn’t have time to indulge in the trivialities of daily life. Now, how can he get bored?
4. Better Relationships With Other People:
Since an entrepreneur is very busy, he will have very little time for others. Because of this, he won’t become “too familiar” with others, which is the main cause for finding faults in others resulting in malicious gossip. He will only have contact with people of his own caliber and usually this type of friendship lasts for life.
For example, take George Washington Carver, the great American scientist. He was self taught and was the man behind peanut butter. It was he who discovered the secrets of nature by the hundreds. He single-handedly changed the course of many agricultural industries due to his hard work and dedication. And the more familiar Henry Ford. These two great men who worked hard all their lives, formed a great relationship and were there for each other to the very end. Or take the case of Bill Gates and Warren Buffet. Bill Gates thought he had nothing in common with Warren Buffet who was an investor. Bill Gates had only scheduled his meeting for half an hour. But when Gates met him, the meeting lasted ten hours! Such is the power of those who work hard of their own free will!
5. Self Confidence:
Because an entrepreneur has self-confidence above all else, he unlocks the Giant that is present within him. Coupled with the tremendous effort that goes with the task of running a business, an entrepreneur is sure of success. This success breeds more success which in turn instills greater self-confidence. After all, who doesn’t want to be confident.
6. Return to the Company:
It is truly a great privilege to have the opportunity to give something back to society. Entrepreneurs create wealth and job opportunities for others. In this way, many lives are touched and changed for the better. By giving back to society, an entrepreneur experiences a sense of meaning and purpose in his life that others, simply by accumulating wealth, can never experience. For a true entrepreneur, money is just a tool and never an end in itself.
7. Free From Desires:
A passionate entrepreneur will have no desire for anything material because he has so little time for frivolity. Because he is completely immersed in his work, he is satisfied with whatever physical comforts he already has.
8. Be original and true to yourself:
Most people do things to please others. They have no thoughts of their own. Instead, they live the lives others dream for them. They want to please their children or friends or their parents and sincerely do what is expected of them. They always live a double life. Doing things they don’t want to do, talking about things they don’t believe in just to align with others. As the saying goes, “No man is an island unto himself.” Entrepreneurs however are a rare breed. They do exactly what they want and say exactly what they believe. You can criticize them, show them their shortcomings or make fun of them, but the one thing you can’t do is influence them. Entrepreneurs are whole-souled beings who think their own thoughts and live their own lives. So they are not split in their minds between their inner and outer life.
9. Enjoy Timeout:
In all likelihood an entrepreneur will enjoy every second of time they spend outside of their work. Events like movies, hiking or just chatting with friends become very special due to the limited time available. They understand that they may not have the opportunity to engage in these activities frequently and therefore enjoy every moment.
10. The Euphoria Of Success:
Very few get to experience the sweet taste of success. An entrepreneur takes on challenges, works hard to overcome them, and when victory rolls out, savor the moment. Even when he fails at first, he doesn’t put his head down or give up because he believes in the essence of what Theodore Roosevelt once quoted
“It is not the critic who counts, nor the man who points out how the strong man stumbled or where the doer of the actions could have done them better. The credit belongs to the man who is actually in the arena; whose face is marked by dust and sweat and blood; those who strive valiantly, those who know great enthusiasms, great devotions, and spend themselves in a worthy cause; those who, at best, know the triumph of lofty conquests; and those who, at worst of hypotheses, if it fails, at least it fails by daring a lot, so that its place will never be with those cold and timid souls who know neither victory nor defeat.
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