7 Reasons why Fresh College Graduates Should Consider Entrepreneurship

7 Reasons why Fresh College Graduates Should Consider Entrepreneurship
  • Type: Career Type
  • Opening Intro -

    Let’s face it. Getting a job immediately after graduating from college is not an easy task.

    In fact, several studies show that only half of college graduates hold at least one job a year after graduation.

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But despite the bleak job situation that is facing fresh college graduates, there’s another alternative way to make a decent living – entrepreneurship. Identifying the problems that people around you face and starting a business that solves them is a good way to use your inner creativity and make money doing what you love. Here are 7 reasons why every fresh college graduate should consider being an entrepreneur:

1. Independence And Freedom

At the beginning of a business when it’s still weak and helpless, you’ll need to put in a lot of time and effort to make it grow. However, when it’s mature, strong and self-sufficient, you get to be financially free and independent, just as you’ve always wanted. At that point, you can work or take vacations whenever you want.

2. High Income Potential

As an entrepreneur, your income directly relates to the efforts you put into the business, especially when they’re well planned, well focused and effective. That means that, when you put in more effort, your rewards will also be more.

Unlike in the job market where your salary is determined by so many factors, in business, nobody except yourself and the market forces can define your income. Of course, the market forces can be harder on you than even your boss, but if you pay attention to the market signals, you can make well-informed decisions accordingly.

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3. Being Able To Make Your Dreams Come True

In entrepreneurship, every decision and action you take determine how close or far away you’re from achieving your dreams. It’s up to you to find or create opportunities that will enable you to pursue your dreams and make them come to pass. Therefore, the entrepreneurship road won’t always be paved; you find bumps on the way, but if you stay focused, you’ll succeed.

4. The Excitement Of Learning A New Thing Every Day

As an entrepreneur, you’ll assume numerous roles, some more exciting like being a CEO, marketing coordinator or sales person, to less exciting ones like a janitor or book-keeper. As a result, you’ll always be learning something new. So look forward to these growth moments if you plan to start your own business; they’re truly life changing.

5. Being Able To Design Your Own Life Schedule

Your life as an entrepreneur will be glamorous, especially when your business has grown and is doing well. You’ll get to absolutely determine your own schedule. You’ll decide when to meet potential clients, watch a soccer game, spend time with family or go clubbing. Running your own business gives more flexibility that you can ever find when you’re employed.

6. You Get To Be The Boss

Who wouldn’t want to be his or her own boss, it feels good, right? Being known as the leader of a company comes with a huge ego stroke, but you shouldn’t let it get to your head so much. Instead, you need to stay focused on achieving your goals and ensuring that you that deliver on your promises to your clients.

7. You Get To Do What You Love

Entrepreneurship gives you the opportunity to do something you’re passionate about. So, if you plan to start a business, your chances of succeeding are high when you choose something you love. Survival in the business jungle is easier when you love what you do. It’s the passion that will give you the fuel to face obstacles you’ll find along the way.

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Sources

https://www.entrepreneur.com/article/232649

http://money.usnews.com/money/careers/articles/2011/07/12/why-new-graduates-should-consider-entrepreneurship

http://www.huffingtonpost.com/maya-uppaluru/five-reasons-new-grads-sh_b_1175748.html

https://www.entrepreneur.com/article/232606

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Categories: Career Planning