Why Business Entrepreneurship | Strategy - Part 1 - Velocity
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Why Business Entrepreneurship – Part 1

Business Entrepreneurship

Why Business Entrepreneurship – Part 1

The Making & Traits of a Business Entrepreneur

Business Entrepreneurship
1. You have full control over your destiny. You call the shots and make the decisions that ultimately determine the success or failure of your business. Nobody will get in the way of your vision.
2. Entrepreneurs are innovators. Think of all the new technology and ideas that have come to life over the past few years. Those were all once just an idea — but amazing entrepreneurs brought those ideas to life.
3. You become part of a family. The entrepreneurial culture is almost like a big family — and you won’t find a better group of people willing to offer advice and help than fellow entrepreneurs.
4. You control who represents your brand. The team you surround yourself with plays a major role in your success — you can assemble a team of like-minded individuals that share your same drive and passion.

Business Entrepreneurship
Business Entrepreneurship – 
5. No dress code. CEO and Founder of Vivint, Todd Pedersen, was recently on the TV show Undercover Boss and stated that he wears a company-branded baseball hat daily. He is the boss — he can wear whatever he wants.
6. You have the opportunity to change lives. Have an idea for a product or service that has the potential to make a huge impact? Go for it — nothing is stopping you!
7. You have full control over your workspace. Do you excel in a creative environment? Want an office with dry-erase paint so you can draw on the walls and a full espresso bar to keep you full of caffeine? Make it happen!
8. It provides a rush that is hard to duplicate. There is no greater shot of adrenaline than the one you receive after reaching a goal and knowing you worked extremely hard to get to that point.
9. You serve as a role model. As an entrepreneur, people will look up to you. You have the ability to be a role model for family, friends, employees and community members. Your success serves as motivation and inspiration.
10. Business Entrepreneurship – You will never be bored. There is always something to do and you will more than likely always have a mile long to-do list. Every day presents new challenges and new opportunities to keep you on your toes.

Business Entrepreneurship

Business Entrepreneurship | Freedom to Travel.

11. Freedom to travel. Modern technology, remote employees and the Internet allow you the freedom to travel while still running your business. Being able to see the world while creating an amazing company is a realistic possibility.
12. There is no age barrier. Entrepreneurs are starting at very young ages — some straight out of college, some while still in high school and even children as young as 9 years old that want to create healthy treats.
13. Your mind will always be utilized. Every single decision that involves your business is your responsibility, from the initial concept and branding to the growth and goal setting.
14. The satisfaction of saying you’re a business owner. It is a great feeling to be able step back and say, “this is my company,” while proudly holding your head up. Being an entrepreneur takes an incredible amount of work — those few words feel so good coming out of your mouth.
15. Go cubicle free. Entrepreneurs have total freedom to roam, create, delegate and work. There are no cubicles or desks to be tied to all day.
16. No blame game. As an entrepreneur, there is no finger-pointing when something goes wrong. Knowing every decision that I make daily directly impacts my business is the best kind of motivation.
17. You never feel undervalued. If you have ideas to make the business better you can implement them right away — you don’t have to hope that someone in a higher position will give you the time of day and listen to your suggestions.

Business Entrepreneurship

 

Business Entrepreneurship | Creativity 

18. Creating something from nothing. Every business starts as an idea. You get to create it from the ground up.
19. Opportunity to make a better mousetrap. Have an idea to make something better or more efficient? Make it happen!
20. Spend more time with family.Entrepreneurs with children have the ability to adjust their schedules to attend school functions and activities.
21. You get out what you put in. If you are willing to work harder than anyone else, you will be rewarded accordingly. Want to experience more growth and opportunities? Simply work harder.
22. Provide opportunities for family members. Many will say that mixing family and business partnerships is a bad idea (and I agree) — but this is less of an issue when talking about an employer/employee relationship.
23. Opportunity to give back. Owning a business gives you the opportunity to support local charity events, local schools and nonprofit organization. Being able to make a difference in your community is a great feeling.

 

Business Entrepreneurship | Become healthier

24. Become healthier. A flexible schedule allows you to create a fitness routine and stick to it. Hit the gym early in the morning, at lunch or in the evening — whatever works for you.
25. Enjoy your hobbies. As long as you “do the work” and give 100 percent when in work mode, your free time can be spent doing the things you love. Attend more sporting events, play more rounds of golf or fish more. Being an entrepreneur provides you with the ability to enjoy your hobbies more.
26. You contribute to society. You can directly impact society by introducing a service or product that people use.
27. No more frantically checking the time. How many times does the 9-to-5 crowd check the clock daily? Often. As an entrepreneur your time management balance is key. Your day ends when your tasks and responsibilities are taken care of.
28. Business Entrepreneurship – You report to nobody. There is no boss to report to and you don’t have to get expense requests approved. If you want to do something you believe will help your business there is no red tape to navigate through.
29. It’ll be one of the biggest challenges you will face. Leading a company and team members on a growth path is a huge challenge. The obstacles you face along the way will provide you with an experience you won’t find anywhere else.
30. No career hamster wheel. Imagine doing the same thing every day for as long as you work. Thankfully, as an entrepreneur you don’t have to worry about this — you wear multiple hats and play a variety of roles.