Being your own boss
No-one is going to dispute being your own boss is fantastic. And no matter how much you stuff things up, no-one can give you the boot – except perhaps your customers – leaving you with a feeling of security that’s hard to beat. Here are some other reasons why being your own boss feels so good:
- You get to set your own rules: Your rules may involves anything from setting enormously high standards, to declaring mufti days seven days a week.
- You choose when (and how often) you work: Of course, choosing when you work often means working 24 hours a day, seven days a week. However, in theory you can pick and choose which hours you work and when you take holidays.
- You follow your own instincts: You can do what you think is right, as opposed to doing what someone else thinks is right. I know first-hand how frustrating it is to be forced to do stuff the wrong way, or the slow way, just because the person who is giving the order happens to be your boss.
- You can use your conscience: You can Afford to make decisions that may not be the best from an economic point of view, but are good decisions in terms of your own conscience. For example, before listing as a public company, and way before solar energy become fashionable, MYOB Australia installed solar power throughout its Melbourne headquarters. At the time, this decision wasn’t the most cost-effective strategy in terms of electricity, but one that was keeping with the ethics of the partners.
- You can take risks: When you’re self-employed, you can take risks that you may not be able to otherwise take. Thousands of successful business have been started by former employees who went out on their own because their employers didn’t believe in the viability of their new ideas.
- You can provide employment for family members: Being in a business team with your family, and being able to provide employment when it’s needed, can be one of life’s most satisfying experiences. (Of course, it can also be one of life’s most frustrating experiences, but I’m not going there right now.)
- You can realise your dreams: No business book is complete unless is mentions dreams. Nothing beats pushing your heart and soul into what you believe in.
Ref: Small Business for Dummies 4th Edition (2013), Veechi Curtis
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