Do you have an entrepreneurial dream? Are you cut out for the lifestyle? While many people get frustrated with their colleagues and sick of their boss or the company they work for, not everyone is cut out to be a business owner. In this blog post, we will discuss the difference between corporate life and being your own boss, as well as give you the ideal solution if you’re ready to make the switch.
Corporate Life in a Nutshell
• The work is relatively easy, and it can be a comfortable, easy-going time, with little responsibility. Now, this can be a pro or a con, depending on your personality. If you want to really stretch your abilities and be pushed out of your comfort zone, then this may not be the path for you.
• You may feel that your talents and abilities are being wasted in your standard 9 to 5 job. The structure and rigidity of having a steady paycheck, and being told what to do and when to be there, is an element of comfort for many people’s personalities. This isn’t a bad thing as it’s human nature to want security. For others, the idea of a set time, set pay and no flexibility feels like a noose around their neck, and are not constraints that they’re comfortable with.
• This stability is also seen in the corporate linear path to success, where if you put in the time, you’re going to progress and be promoted to better positions. This is seen as a safe and stable path, with little risk of going backwards.
• Another big factor is the downtime. In a corporate or standard working role, when you’re not at work – you’ve done your 8 hours for the day – then that is free time. You can relax, spend time with your family or engage in your hobbies. No-one expects anything of you until you’re back at work, and this can be a healthy and stress-free way to live. You can maintain a brilliant work/life balance, doing the things that truly make you happy in life. And you can make good money doing it!
Entrepreneurial Life in a Nutshell
• Okay, so let’s have a look at being an entrepreneur in comparison. Now there are several big draw cards that can make entrepreneurship very attractive to the right person:
• For instance, the potential for GREAT reward is big. There is no limit or ceiling to your earning potential, and your reward is purely a result of your hard work.
• Of course, however, that’s not to say the reward is guaranteed…on the contrary. Entrepreneurship comes with significant risk. And, that risk is that you could pour your blood, sweat and tears into it and, despite all the effort, there will be no reward if the venture fails.
• Start-ups do have an inherently high risk of failure! If you are not risk-averse, and the possibility of significant reward and profits excites you despite the inherent risk, then you probably have an entrepreneurial mindset.
• Another big draw card is that you have the freedom to work wherever and whenever you want, and the power to make all of the decisions. You are the boss, and the responsibility ends with you.
If you’re ready to move out of the corporate life, consider a digital marketing franchise from WSI. Not only will you have a tried and tested business model, but you will have all the backup support you need on your way to success. Contact us for more information today.