Entrepreneurship - Pavneet Sareen

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In simple words, an entrepreneur is a person who owns a business enterprise or an idea for a business venture. An entrepreneur is the person who undertakes risk to start a business. He/she either faces the brunt of losses or enjoys the profits. Every decision of the business is taken by the entrepreneur. Between the capital and the labor, the entrepreneur plays the middleman. Each entrepreneur has a respective grade of taking risks to strike an opportunity.
Some of the most general characteristics of entrepreneur are :
 
. Spontaneity on decisions
. Adequate knowledge of the market
. Reach on resources
. Ability to use resources
. Adherence to society norms
. Intelligence
. Profit distribution
. Risk Estimation
. Leadership Qualities

 "WITHOUT A PROBLEM , THERE IS NO SOLUTION "
 Being an entrepreneur beats working the 9-5, you don’t have to sit in one office trying to please another man and you are not restricted to one location, you can work where you want. You also have your freedom of speech and you can say whatever comes to your mouth. In fact, as an entrepreneur you can go on doing crazy things.
"WHY SHOULD YOU BE AN ENTREPRENEUR?"
 Being an entrepreneur can be one of the best decisions you will ever take in life but you don’t just jump into things without knowing why, this post will be listing 10 reasons why you should be an entrepreneur.

1. Be Your Own Boss.


Nothing can be more frustrating than taking orders from the same person all the time. Even if taking orders is okay, what happens if your life depends on taking orders? Failure to obey your boss can kick you out of your job.


Being an entrepreneur puts and end to this and you don’t have to answer or take orders from any boss anymore, you live your life as it pleases you, you do things as you want.


2. Work at Your Own Schedule.

 
Depending on how and where your business operates, you can even work at night and sleep at day as an entrepreneur, you can decide to live a different way of life – and this is what a 9-5 job will never provide.

3. No Limit to Your Progress.


As far as working under someone is concerned, there is a limit to what you can be. You can never exceed your boss. Being an entrepreneur helps you overcome this limitation and whether you want to be a CEO or a sales representative, it is yours to decide.


4. Determine Your Location.


Have you ever thought about working where you want? This might still be strange to you if you work a 9-5 job but one great advantage of being an entrepreneur is that you are able to determine your location. As an entrepreneur you can determine if you want to work in Africa or America but when working 9-5 you have no choice than to work in the constraint of your office.


5. Vacate When You Want.


Being an entrepreneur also affords you the ability to vacate when you want which a 9-5 job can’t afford. You can easily decide if you want to be at home every Thursday and Friday of the week but a 9-5 job will never afford you that.



6. Determine Whom You Work With.


As an entrepreneur your business is yours and you can determine if you want to work with friends and relatives or any other person, this a 9-5 job can never afford. If you are working a 9-5 job, it doesn’t matter if your greatest enemy is your colleague, you just have to work together.



7. Unlimited Earnings Potential.


There is a limit to what you can earn while working your 9-5 job, it doesn’t matter if your company doubled its income that month you will still be paid the same amount you are supposed to be paid but as an entrepreneur, since you own your business there is no limit to what you can earn, all you need to do is be very creative and look for various ways to improve your income.


8. Freedom of Speech.


If I ask you if you have freedom of speech I am sure you will come up with a resounding YES! If you are working a 9-5 job I can assure you this is not true, you have no freedom of speech!


When working a 9-5 job you can’t just talk to your boss anyhow because talking to your boss anyhow can lead to you being fired (Go call your boss a jerk if you don’t believe this!) but as an entrepreneur it doesn’t matter if you are talking to the CEO of one big company or a 12-year-old boy you still have right to the same words, you are simply not afraid of anybody.


9. Automate Your Income.


Another great advantage of being an entrepreneur is the ability to automate your income. You can easily employ people to help you manage your business while you tour the world but this isn’t possible in your usual 9-5 job, trying to do is you signing your sack letter.


Also, as an entrepreneur your income is not affected by how you work, you can determine if you want to be paid whether you work or not, you can also determine of you want to create your automatic income machine but this is not possible in your regular day job, you have to follow the working guidelines put together by your boss, failure to do this might result in something else.


10. Passive Income and knowledge Stream.


You can decide to spread yourself into as many businesses as you want when working as an entrepreneur but your 9-5 job won’t allow this, you have to be in the office every time, and not only in the office but also doing the things of the office.


One great advantage entrepreneurs have is that they can create passive income streams and also improve their knowledge in so many ways. You can decide to have a big company under your belt while at the same time doing some other business, you are not restricted by anything.


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