Five Benefits to Being an Entrepreneur

Updated October 18, 2022 ยท 2 Min Read

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Entrepreneur Benefits

  • Working As Much - or As Little - As You Want
  • Setting Your Own Hours
  • Work From Anywhere
  • Doing Your Own Prioritization
  • Shaping Your Own Unique Career

The entrepreneurial life is becoming much more popular - despite the seemingly pervasive belief that being an entrepreneur is endless stressful, tedious, and non-stop when it comes to working hours. Yet that perception is being overturned by more and more Gen Xers and Millennials who are making their own opportunities by cobbling together an entrepreneurial lifestyle with lots of freelance jobs.

While it's true that you do have to be disciplined and organized to be an entrepreneur, it offers in return freedom, more free time than one might suppose, and a path towards creating one's own ultimate reality. Here are five benefits to being an entrepreneur.

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Working As Much - or As Little - As You Want

While all of us have bills to pay, one of the benefits of being an entrepreneur is that you can set your own financial goals not just month to month, but day to day. You can say, "I just want to do enough today to make sure I can pay my phone bill next week" or "I want to work some extra hours today to earn a little more money to stash in my IRA." Either way, it affords you a remarkable opportunity to essentially design your own paycheck - and your own weekly hours load.

Setting Your Own Hours

Whether you're an early riser or a night owl, this is among the best things about entrepreneurship. You decide when to start work, and when to stop; you can flex your hours around that afternoon walk you like to take or running errands during normal business hours, returning to your tasks when you get home; you can take a half day on Friday if you want; you can decide when you're going to take time off for vacation or family affairs.

Work From Anywhere

Remote freelance work has become one of the most popular entrepreneurial paths, and remote work means you can work anywhere you have internet access, whether from your home office or from a beach resort in the Caribbean. Many entrepreneurs combine work with play as they travel, and move from place to place taking their work with them. If there's access, you can go on earning your regular paycheck - it's that simple.

Doing Your Own Prioritization

If you've ever had a boss that you felt didn't appropriately prioritize which tasks should be attended first, the concept of doing your own prioritization will likely appeal to you. You can decide, each day, week or month, what needs to be attended to first, and what can be delayed or dealt with later in the work day or work week. Prioritization is unique to each individual entrepreneur's career path and specialization; being able to prioritize your own tasking can help to maximize your efficacy at your work, and save time - and stress - later on.

Shaping Your Own Unique Career

Being an entrepreneur means that you don't have to risk someone else putting you in a box. You are free to seek out opportunities that interest you the most, or flex skills you've worked deliberately to develop. If you don't know how to do something, you are free to pursue the skills training you need to know how to do it, whether you take night classes or utilize an online or digital platform for skill development. Entrepreneurship allows you the opportunity to shape your own destiny and to direct yourself towards different paths and fields of expertise - an empowering thought and an even more empowering practice.

While being an entrepreneur is never an easy path, it affords a unique opportunity to shape a genuinely interesting, challenging, and fulfilling career path.

Related Resource:
The 25 Best MBA in Entrepreneurship Programs
Should an Entrepreneur Pursue an MBA?
Entrepreneurship Explained
Five Questions to Consider when Choosing an Entrepreneurship Program

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