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Being An Entrepreneur For All The Right Reasons

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Preston Waters

Do you really want to be one of those people that works for someone your whole life? I don’t believe that many people would answer yes to this question. As the good old saying goes: if you are not going to chase your dream than you are going to be working for someone and helping them chase their dream.

To chase our dreams, to do what we love in life, and to live life with some sort of purpose, we all essentially become entrepreneurs- even if we are really artists, musicians, or whatever the hell else we are passionate about. The point is that we have to take what we love and find a way to make money from it because we are going to need to put food on the table.

When asked why people want to be an entrepreneur they usually answer: I want to be my own boss, make a lot of money and do things my way. These are terrible, thoughtless answers that make it obvious that you have no idea what you’re talking about.

That has nothing even close to do with being someone who runs their own business and is chasing after their dreams. If that is what you are looking for, you will have a hard time finding it, as those are empty promises.

Instead, here are five meaningful, non-cliché reasons to be an entrepreneur:

1. Freedom

When people say they want to be their own boss what they mean is that they really want the freedom to do what they want, whenever they want, because they know that type of freedom will make them happy. That freedom also comes with not being told what to do- which every entrepreneur hates and which is why they become one. They want to be in the driver’s seat of their life and the ones with the hand on the stick shift.

When you’re an employee, you have to ask permission to do things and you’re at the mercy of a boss. As an entrepreneur, you can take action the moment an idea pops into your head and you can go play laser tag in the park whenever you want- what more could anyone ask for?

It also makes life a lot more exciting and spontaneous; anytime anything comes to mind that might sound like even half a good idea, you can put it in play within hours. It’s all about having control of your own destiny and having your creative freedom.

2. Continuous Learning

One of my favorite entrepreneurship quotes by Napoleon Hill is, “If you’re not learning while you’re earning, you’re cheating yourself out of the better portion of your compensation.”

When you have a job, you get really good at one thing and you stay good at that one thing while working 9-5. Then you get a Rolex when you retire. Maybe it’s flipping burgers, inputting data, or answering phone calls; that’s all you do every day, and you get good at it, but you have no room to grow and nothing new to learn.

Employers pay you to focus all of your time on systemizing one small portion of their business- simply because you are helping them attain what they are working for.

But when you’re an entrepreneur, you have to wear different hats, constantly learning how to deal with every portion of running a business. When you are an entrepreneur you are basically the accountant, the lawyer, the CEO, and the marketer. It is all up to you. And there is always much to learn from it.

3. Fulfilling Work

Let’s be very honest: working for other companies and being miserable everyday just to collect a paycheck is completely unfulfilling.  At least when you are an entrepreneur, you can say, “I did that.” Even if it’s a failure, it’s your failure (and a true entrepreneur wouldn’t stop because of a failure). The credit is all yours for everything and the company basically rests on your shoulders and no one else’s.

A business is like a baby. You start it, you manage it, you help it grow, and eventually you sell it. It’s an experience; it’s a journey that not many have the courage to make, but it adds the purpose you are looking for.

4. To Build an Asset

Starting a business is one of the smartest things to do.  As an employee, you give your time in exchange for money. As an entrepreneur, you give your time to build an asset that pays you and increases your net worth.

Now, just because you start a business doesn’t mean it’ll become an asset. But if you stick with it, learn, and implement what you learn, it’ll grow into something that you can eventually sell. It should never be about the money to you.

It should be about your legacy, your success and the story that will make history. It is how you influence the world while doing what you love. As soon as you realize that money is not the be-all-end-all, that is when you realize how special what you have accomplished really is.

Being the richest guy in the cemetery does nothing for you.

5. To Create Something Permanent

Your only true goal in life is to make a difference in the world, today, while still being happy and being excited to do it day in and day out. You want to leave your mark on this world because those that do so are the only people that are remembered. What those people do is create something out of nothing. Without them there would be no innovation in life.

Art, inventions, and businesses are the only three things you can create that can outlast you.

By starting a company, you not only increase your self-worth, but you provide a product, a service, and a job to people who need it. And if you do it right, the business will carry on when you’re gone.

No Matter Your Reason…

If you choose entrepreneurship, DON’T tell people it’s because, “you want to be your own boss, make lots of money, or do things your way.” Not because those are cliché, but because they’re not genuine.

It’s like saying, “Good.” when someone asks you how you’re doing.

Your real reason is a lot more interesting. Be beyond all the childish things that people on Facebook or Twitter talk about. Do it for your destiny and your dignity. So that you can leave this planet saying you had the balls to create something out of nothing.

Preston Waters | Elite. 

Preston Waters

Preston Waters

Editor

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