Issa Asad Reveals 5 Compelling Reasons to Start a Business
Entrepreneurship for a long time has been considered as a risky venture. However, its fruits are one of the sweetest.
“As much as it may have its own set of challenges, starting a business is one of the most fulfilling things you can ever do,” revealed Issa Asad Florida businessman and entrepreneur since 1996. Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings, located in South Florida. He is also the author of 4 e-commerce and marketing e-books that can be purchased on Amazon.
In this article, we are going to name and explain five compelling reasons why you should start a business. Here, Issa Asad Reveals 5 Compelling Reasons to Start a Business:
1. Job security
When the economy is harsh, businesses and companies have to rethink their organizational structure to stay afloat. Layoffs are some of the common measures companies and businesses adopt to ensure they don’t close shop or remain profitable.
Entrepreneurship is a job on its own. Here you get to focus on your business and not other peoples business. The security of your income depends on the amount of effort you put into your business.
Starting a business has been considered one of the ways one can ensure that they are safely employed.
2. You gain financial independence
Most billionaires became rich because they started and managed well their businesses. Starting your own business is considered one of the best ways of becoming wealthy. Unlike employment where your boss takes most of the profits, and you get only a cut, you get to keep all the profits when you start a business.
The more you work hard on your business, the more you earn. It becomes easier to progress financially when you run your own business rather than being employed. Besides that, it becomes easier to get financial aid from financial institutions.
3. Creating jobs for other people
The domino effect of creating jobs for other people is so significant that it cannot be overlooked. Apart from improving your life starting a business can improve the livelihoods of other people. You will be playing your part in reducing the unemployment levels and improving the lives of those you have employed. You may end up becoming a role model and a mentor to your employees.
When you are employed, you do not have enough time on your hands to do what you want or enjoy. You have to be at work on time, or you risk losing your job. Many people have lost relationships and themselves because they don’t have time to work on themselves and those they love.When you become an entrepreneur, you are in control of how you spend your time. This flexibility can allow you to engage in activities that can improve you, your relationships with other people and your business.
5. You learn a lot of things
A business is like a baby. With each passing day, you get to learn a lot of things which may help you grow as an individual. Starting a business offers you the opportunity to gain first hand managerial skills which you may never have gotten when you are employed. You also learn how to talk to people and make difficult desitions under pressure. Such skills are essential in day to day life.
The journey of a thousand miles begins with the first step. Don’t be afraid of failing, most if not all successful entrepreneurs once failed. However, you need to be a fast learner and adaptive if you want to increase your chances of succeeding.