It’s a complex topic to exploring the benefits, disadvantages, misconceptions, and motivation behind entrepreneurship. There are top 5 reasons are caused to be an entrepreneur:

If One is Bored He is Doing Something Wrong

Running a business is an incredibly diverse field to be in. Through the ventures one has been exposed to incredible and interesting knowledge ranging from business fundamentals such as marketing, accounting, sales, and customer service to the importance of time management, goal setting, and even exercise. He literally views the world in a completely different light now than before he becomes involved in business. Everyday one finds him learning something new and being immersed in a different and new area. He can’t get much further from an assembly line than this.

Success is in Own Hands - A Whole New Job Security

Headlines constantly barrage us about the lack of job security in so many sectors. GM and Ford are both laying off masses of people. One is only 21 and he has already been laid-off twice. He has also only ever been an employee twice. Having a job these days, even with a massive company, provides only the illusion of security. Why let his well-being depend on the decisions of a CEO, whose absolute #1 priority isn’t his future? Ensuring his own prosperity and achievement of his goals is ultimately the responsibility of one person and one-person only he.

It’s More Satisfying than Roller Coaster Tycoon or Sim City

One is always enjoyed playing simulation games. While Doom was the hot item with most of people. It’s an incredibly satisfying feeling to start with nothing and end up with something absolutely amazing. One believes in seizing this building attitude and applying it to life. After all he should build a virtual company when he could apply the same concepts to real life. Treating life as a game may sound silly as first, but frankly one is having a lot of fun.

Thinking is Rewarded

Running a business may be hard work, but that’s certainly not what one is rewarded for. Often times burning the midnight oil is simply the bare minimum for entry into business. His returns come from working smart, and the quality of his ideas and creativity are now directly tied into his revenue size. A single good idea can make him $10 000 in one hour while slaving away for 40 hours on a bad one can have virtually no return.

While working a regular job isolates him from the risk of no return on bad ideas, it virtually nullifies the incredible return on good ones. Imagine coming up with a way to save his boss $30 000. He’ll be lucky to get a $500 bonus, and in all likelihood he will receive nothing at all.

There is an Upside

There aren’t a whole lot of categories that most of the world’s rich fall into. Inheritance, real estate, and business are the main three as we learned in New Venture Creation at WLU. It’s hard to be born rich or inherit the family farm, but business unlocks a path to real wealth potential. Whether one build it up to a multi-billion dollar venture himself or sell while it’s hot, there is definitely money to be made. But is it all about cash? That’s a topic for a future article.