It’s hard giving up a job to start your own business. The idea of leaving behind something stable – something you can count on, for something so intagible is a hard bite to swallor. We’ve gotten so comfortable working for someone else that we’ve believe the only way to guarantee our success is to put it in the hands of someone else.
The idea that we can’t do it alone is actually born from the fear of being fired. It’s the fear that keeps you working as hard as you can to make someone else’s dream a reality.
An irrational fear- because no matter the company, nor how long you’ve worked there, your job is never truly considered “safe.”
I can’t say I’ve ever sought stability in working for corporations. Every time I looked up, someone I knew was either fired, laid off, or they quit because they couldn’t take it anymore.
From day one, I knew that nobody’s job was guaranteed. The idea that I work 8 hours, and I get 30 min.-1 hr to myself (when I’m told) is nothing short of madness to me.
Anyway, if you’re
slaving staying at your job for the stability, I think I need to point a few things out.
No One at your job is trying to help you advance
You do all this high-quality work at your job and ultimately who gets the credit? The business you work for.
On the other hand, you may get a little recognition, maybe some sort of announcement, if you’re lucky you’ll get a 50 cent raise.
As an entrepreneur, good business gets you more business. When you do a spectacular job for a client, not only are they likely to hire you again, but they’ll also recommend you to their friends.
By doing amazing work, you’re rewarded with valuable relationships, more income, and increased exposure. No one comes to your workplace, points at you and says, “I see the great work you’re doing, I want to hire you and my friends do too.” Instead, your boss gives you a thumbs up and tells you to work on coming back in time from your break (ha, this was my biggest problem every time).
Your boss’s boss gets richer and will probably never even know your name.
Your name is your legacy. The moment you stop working for that company, all your accomplishments disappear along with it. Who’s going to vouch for you?
Sure, you can get a good recommendation but that just barely gets your foot in the door somewhere else. Now you’ve landed, yet again at someone else’s business and you have to start from scratch, building your reputation.
These people have no idea about all the times you’ve pulled overtime to make sure priority tasks were completed. You can’t brag about how you were painstakingly meticulous with the work that you did. It will take at least a year for them to discover how you consistently work harder and faster than everyone else.
The next job you look for, all you have going for you is your word. You don’t have a portfolio, people don’t get the chance to actively see what you’re capable of.
As an entrepreneur, every project you take on is another opportunity to fill your portfolio, collect testimonials, track your progress and collect stats to demonstrate exactly how long it takes for you to get a job done.
When you work for yourself, you’re doing less proving and more working.
You’ll don’t have to choose between your health and a check
I can’t even count how many times a friend has lost their job because either they were sick for too long or their kids were.
Some infections take weeks to get over and while you’re at home trying to recover, your job is updating their hiring page. Most places are somewhat lenient on illness provided you have a doctor’s note (are we in middle school?). However, getting sick too often will pop your perfect bubble of job stability.
Vacations are no longer just “a luxury”
One of the perks to living the entrepreneur lifestyle is that you can take vacations whenever you want. Not only do you have the time to do it, but you can afford it.
I’ve invited some of my employee friends on vacation and usually I get some variation of “maybe next year,” because they’ve either already used up their vacation time or they don’t have the money set aside.
As an entrepreneur, going on vacation is a simple process. Usually, I stack up on a few jobs to stash away money for the vacay. I close out all my projects so I have the time I need. There’s no need to request time off, I don’t have to notify anyone, and I don’t have to go withdrawing from my savings to pay for it.
Not to mention, I can recover from my vacation when I get home without rushing back to work.
You can move without putting in for a transfer
No matter where in the world I am, I’m making money. If my husband decides tomorrow that he wants to move across the country, I’m there. I’m not tied to a particular location and I don’t ever have to put in for a transfer.
Even if my world gets turned upside down, I still have stability as an entrepreneur to be able to work anywhere.
If my car is in the shop, if I don’t feel like driving in the snow, or if I just don’t wanna leave the house, it’s comforting to know that I’m not missing a day of work. Even though I’ve put myself on a pretty rigid schedule, technically I’m never late for work, either.
Even though I work much harder as an entrepreneur than I did as an employee, I don’t have anyone to apologize to if I decide to sleep in. I don’t ever have to worry about “clocking in” on time (I literally just cringed).
TRUE STABILITY IS RESERVED FOR BUSINESS OWNERS
Employees are afraid to leave their jobs and start a business because they crave some semblance of stability. Meanwhile, entrepreneurs are scared to death (myself included) of being an employee because they enjoy the true stability in having their own business.
As much of a cliché as it is, the grass is certainly greener on this side.