Tweet

Top 10 reasons to become an entrepreneur

Written by: K K Mookhey

Article Overview: Often would-be entrepreneurs hesitate before taking the plunge. Here are the top 10 reasons that might just help you cross over to the other side, and take that leap of faith.

Top 10 reasons to become an entrepreneur

I know I am getting a bit into Guy Kawasaki mode, but I've been wanting to write on this for quite some time. The problem being that I don't have any statistics or articles that would aid in building a universally acceptable top 10 list. So the best thing would be to list out the top 10 reasons that drove me to do this:
1. I've always wanted to do this: For some strange reason, ever since I was a kid I have always wanted to build my own business. The question for me always was "when" and not "if". Somehow, other than a brief dalliance with the idea of becoming a fighter pilot, I've never really floundered on what I want to do for a living. It's always been business.
2. For a higher purpose: It's not just about the money. It's also about listening to a different piper's tune. It's about wanting to do something very different from the mainstream. I have grandiose dreams of being able to inspire a lot of other would-be entrepreneurs out there to take the leap of faith and begin their own ventures. Directly or indirectly I have always wanted to promote entrepreneurship within India, because that's what pumps up the economy - the pursuit of the creation of wealth. It creates opportunities for financial empowerment of all sectors of society, and it helps create a shared goal and shared vision of what a country should strive to achieve.
3. Because it's very creative: The process of staring a business, building and nurturing it is very creative. It requires constant ideation, and forces you to keep the creative juices flowing. More so, when things are going good and there is a tendency to rest on one's laurels.
4. For the sheer challenge of it: When I was in college I could have chosen the standard path of graduation, post-graduation, decently-paid job in the US or elsewhere, and so forth. I knew I could do that. But this was a much, much bigger challenge
5. For the creation of wealth: Oh yes! There's no denying the fact that the creation of wealth is one of the primary goals of any enterprise, and most entrepreneurs dream of material wealth and possessions - well at least I have my eyes on a new Hayabusa. But there's more to it than just money. Creation of wealth is not just cash in the bank or assets, but also good will, reputation, camaraderie, experience, and most importantly intellectual capital.
6. For the independence: The independence to do what I wanted to do, and to do it in a way where my principles and values would not be compromised. Where my potential would not be capped by the potential of a boss.
7. Because I am crazy: That hardly needs much explanation, but a certain amount of eccentricity is almost essential to a successful business.
8. Because it's cool: Yup, running your own business is definitely cooler than slogging it out in the corporate machinery. Which is not to say that it doesn't have it's ups and downs, and an entirely different set of problems and stressful situations.
9. Because there's nothing else I'd rather be doing: I absolutely love what I do. I wake up every morning - ok, most mornings - looking forward to going to work, anticipating what good news my Inbox might bring in today. Of all the things I could be doing with my time, working at my business is #1.
10. Because I'm inspired: Whether it is Akio Morita, or Warren Buffet, or Richard Branson, self-made capitalists have always been a tremendous inspiration.

Feel free to add your own reasons to the list...

Related Articles
  How to Determine Your Future Success
  YCDABSOYA
  Three Primary Reasons To Become An Entrepreneur
  Why become an entrepreneur?
  Knowing The Entrepreneur Definition Will Help You Become A Successful Entrepreneur

Article Tags:



Related Forum Posts
Re: Poll: Entrepreneur or Small Business Owner? - I voted for entrepreneur for the same reasons as Michelle.
Re: PageRank Update - did your site change? - Right on, Carol! My page rank hasn't changed (that I know of), but my backlinks and traffic have picked up since getting involved in the EvanCarmichael.com forums, just like yours. Evan's entrepreneur community is definitely a good place to be hanging around ... for many reasons! GT :-]
KeywordBox.com - Thanks theFranchiseMarket - like bennyboy7, I'm a user of Google's tool (after all, if you're optimizing for Google, why not use their own database?) I put in the keyword "entrepreneur" into keywordbox and got the following top 12 results [quote:13n1aucz]Count Keyword us 51255 entrepreneur 7139 entrepreneur magazine 2569 famous entrepreneur 2441 business and entrepreneur 2256 change child educate entrepreneur leaving microsoft odyssey world world 2243 successful entrepreneur 1918 social entrepreneur 1574 young entrepreneur 1536 book book e entrepreneur from infopreneur information make money product 1504 woman entrepreneur 1358 filipino entrepreneur 1340 book book else entrepreneur free free free get money money money rich somebody wont working[/quote:13n1aucz] It seems strange to me that "change child educate entrepreneur leaving microsoft odyssey world world" would get 2256 searches and would outrank successful entrepreneur and young entrepreneur. Further down the list are other strange keyword combinations. Have you had a better experience using the tool?
Who inspired you to start? - When I was a teenager I read "The Art of the Deal" by Donald Trump while on a road trip to New York City. It helped inspire me to want to start my own business and is also one of the reasons why I have created so many famous entrepreneur profiles. I believe that by modeling the success of other entrepreneurs you too can become successful. Who was it that inspired you to start your business?
Equipment leasing - Equipment leasing has many benefits, such as tax benefits, conserving money and always having up to date equipment to stay competative to name a few. Obviously, it's partially dependent upon what type of business you have as to whether you will benefit more than someone else but... Do you think it's worth leasing your equipment rather than purchasing it? Can you think of any other reasons you can benefit from it or any reasons this is not a good idea?


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Starting A Set of Books

Why SEO is important for your online success

4 Steps To Hypnotize Your Business Prospects

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.