Entrepreneurship is the only true path to freedom. But ask kids, we’re taught that working a job is the only way to make money. Working a job is fine for short periods of time, but to create life-long happiness and fulfillment, you have to quit your job and start a business that lets you live a passionate life of freedom. Here are seven reasons why you’ll never thrive while working for someone else.
1. Your employer doesn’t care about you
No matter how much HR and management trots out the tired, “we care about our employees,” mantra, what they really care about is the bottom line. There’s nothing wrong with making money. That’s their prerogative. But it’s also your prerogative to choose to not be a part of someone else’s money-making venture. When the bottom line is in trouble, one thing you can be sure of is that you’ll be helping it. You’ll help it by doing more work for the same amount of money or less. Maybe you’ll have fewer resources to get your job done with. Or maybe you’ll be the one who makes the ultimate sacrifice for the bottom line — you may get “the ax.”
When you quit your job and start your own business, you can build it to be exactly what you want it to be so it supports what you want in life.
2. Your pay has nothing to do with your value
When you work for someone else, they pay you to provide some service to them. That service contributes to the product or service they provide to their customers. Whether you’ve been doing this for six months or six decades, your value is the same. The value of the product you contribute might go up, but sorry, all the benefit of that increase goes to the shareholders or owners. Your value is determined by supply and demand. As long as there are other people who can do the same thing, there will be other people they can hire.
When you have your own business, as your business grows, you develop and get better, your products get better, you (the owner) get the growth.
3. There’s always a cap (and you don’t want to hit it)
Companies will tell you there’s no limit to how far you can grow inside their company. That’s a lie. There is a top to every organization. Let’s say you move to that top spot. You’re the CEO of the company you work for. You still have a boss – the board of directors! They represent those darn shareholders who get all the money! This is the worst boss you’ll ever have. You are no responsible for everything. Everything that goes wrong is your fault, and if you screw up big enough, your out. Sure, it’s a lot of money, but I don’t know anyone who wants the lifestyle of a CEO. Is that a mountain you want to climb?
When you quit your job and start your own business, you get to decide how much money your company makes and what role you play. If you work harder and provide more value, you get more money. If you’re really smart, you work less and get more money.
4. Your priorities aren’t aligned
In the rare and temporary situations where people are happy working for someone else, they’re happy because the priorities of the employer and employee are aligned. Perhaps you want to develop a specific skill and the company needs that skill. You are excited about developing this new skill, you’re good at it and your employer appreciates your dedication. Everything is great. Until… that project is complete and they are on to the next thing that requires a different skill set. It’s not just about skills. Priorities can fall out of alignment when management changes, cultures change or anything changes in a way that is no longer aligned with what you want.
When you have your own business you get to decide what the priorities are. You decide what comes first, what comes second and who does what. You are in control. What you do for money takes up a lot of time, so don’t you think you deserve to be in control?
5. You’re selling your life
The only thing you really have is time. When you work for someone else, you’re selling it. You’re selling one hour for some amount of money and there is no future return on that money. You get the money, you spend the money and that’s it. The time and money are gone.
When you quit your job to start your own business, it does take a lot of time, but at least you can do it your way. You build a business that’s about something you are devoted to and you spend your time how you want. Spending your time creating a business is investing the time into something that gives you a greater amount or quality of time in the future.
6. You can’t be creative
Unless you have a job that is based on your creativity, you generally are required to check it at the door. “Do it our way,” you are told. Your creative ideas are not needed here, because we already have a computer system or a process for that. Humans are inspired by creatively solving problems and creating new and beautiful things.
When you quit your job and start your own business, you get to be creative! In fact, your creativity is what makes your business unique and successful. What a great outlet for your creativity!
7. You don’t care
Most 9-5 workers don’t care much about what they do for their employer. They don’t care much about how many popsicles, dryer sheets or insurance policies the company sells.
When you quit your job and start a business, not only do you get to care – you better care! Caring about the business you are building is absolutely necessary because it’s a lot of work. When you care about what you’re doing, you’ll be able to push thorough the hard stuff, the boring stuff and the stuff you don’t like and get it done.
Nothing about working a job works with how human beings are wired. You are a smart, motivated, creative person who wants to help people and build cool things. A job rarely lets you do that.
Quitting your job to start a business requires brains, motivation and creativity, so you’re perfectly suited to it. Going to work for someone else as the primary way to make a living doesn’t make sense. Quit your job and start a business so we can reverse this trend.