“Business opportunities are like buses, there’s always another one coming.”
100% Total Creative Freedom, Autonomy, and Independence
As an entrepreneur, or solopreneur, you not only get to choose your projects and goals, but you are also completely in control of how you actually achieve the end product/result. Do you like working in teams? Do you enjoy being a manager/leader more? Do you have true entrepreneurial spirit and enjoy creating ideas from scratch?
The choice is yours. Not everyone is a true entrepreneur, as it’s traditionally defined. Some of us thrive more on the creative aspects of a project (i.e. the manifestation and creation portion). Our true passion shines when we are harnessing our innate, natural talents.
Others, like me, enjoy working with others—being a leader, an influencer, a mentor, etc. I look for ways to collaborate, while still holding onto my autonomy and creative freedom.
Unlimited Vacation/Time Off
In the U.S. we receive a standard of two weeks off per year. If you stayed at a company long enough, they’d eventually toss you another week or two. Personally, this drove me nuts. Travel is a huge part of my life and I realized that until I started working for myself I would never be able to see the world the way I wanted to.
If you take the right steps and build a business that doesn’t require you to be in one place (most online businesses) you are giving yourself the ultimate benefit—unlimited vacation time. Even if you decide you want your new career to be people-facing, or decide to go brick-and-mortar, you still have the ability to give yourself plenty time off.
You Report to You
It’s as simple as that—no more bosses. Period.
“YOU Inc.” (your company) is Better Than Any Other Company
Yes, even Google, Apple, Facebook, Microsoft. Even the somewhat smaller Silicon Valley darlings like Square, Salesforce, Twitter, Airbnb, etc.
You have a unique talent, ability, and contribution that you can bring to the world. Sure, you can’t compete with them on many levels, and you’ll never be able replicate the economies of scale that they can with a single quick re-allocation of resources; but your company is completely unique—there’s nothing like it.
You can join forces with the big boys, or you can venture into the world of creative self-employment. With “YOU Inc.” the opportunities are endless, and the fulfillment is unlimited.
Work is No Longer Work As You Know It
I promise you, “work” will never be the same. One of the first things I realized after venturing into entrepreneurship was that work just didn’t feel like work anywhere. I didn’t feel obligated, or like I was supposed to do certain tasks every day, for a certain amount of time.
In fact, I’ve been struggling to find a new word for it! At times, I refuse to even call it work because I’m so passionate about what I’m doing. If I had to relate it to something, I would say it feels much more like going back to school and studying a subject you’re absolutely fascinated with. What an amazing problem to have…
As an entrepreneur you have the option to create something that can truly benefit the lives of others. Today, there are a huge wave of Social Entrepreneurs creating triple-bottom-line businesses. In other words, this means the traditional bottom-line—profit—is being replaced by this concept of social entrepreneurship. These businesses are still for-profit enterprises, but they value people and the planet just as much as profit. The Three P’s: “People, Planet, Profit”.
When you have your own business you can choose exactly how to contribute and give back. Remember, the more you give, the more you will receive. As I mentioned before, “a life without contribution is no life at all“.
Above all, you reap what you sow—so you better start sowing.
Potential for Unlimited Income
With the right strategy, mindset, and preparation, your opportunities for income and wealth are unlimited. No one to negotiate your salary with. No one to prove yourself to. No one to asses whether you deserve a raise. No one to pay you an income that simply doesn’t meet your standard of living.
Let’s get real for a second: Money buys us the things we want—true. But more than anything, money can buy us time (if we choose to spend it that way). With that time and those material things we can make our wildest dreams come true.
We all want more, but we need to start getting specific about just how much more we want. As an entrepreneur, you can set tangible, quantitative goals and easily crush them with the right focus and strategy. If something isn’t working, you shift your focus and look for new opportunities. The potential for income as totally unlimited—the only person stopping you, is you.