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Feb 03

Why I Want to Become an Entrepreneur

an entrepreneur

Being an entrepreneur gives you more control and freedom.

“Profits are better than wages. Wages make you a living; profits make you a fortune.” – Jim Rohn

I thought I had everything figured out when I graduated from college.

How complicated can it get?

I’ll get a job, get married, have kids, and live happily ever after.  Plain and simple.

As I grew older, I slowly realized that it wasn’t as simple as I thought it was especially when it came to my career.

I’ve been through three different companies from three different industries where the ultimate goal is to get promoted and earn a higher salary but things don’t get that simple especially now where companies are doing everything they can to save money and fit everything into a tight budget (and expect quality which really amazes me!)

In 2009, my team from the BPO company I worked for got discontinued or in business terms experienced an “end of life”.  The account was apparently transferring to another call center and we can’t do anything about it.

If you’re single, it won’t be much of a problem because you can easily look for a replacement and don’t have to worry about anybody but yourself (unless you are a breadwinner) but for someone like me who already had 2 kids at that time, going jobless wasn’t really an option.

In 2014 my team, this time in the banking industry, was outsourced to another company.  It was a more acceptable fate than what the other teams experienced (they were told to look for a department to transfer to, otherwise it’s bye bye!)

It wasn’t as nerve-racking as experiencing end of life but it only proved one thing.  It just proved that no matter how secured you think employment is, as we’ve also been raised to believe, THERE IS NO SUCH THING AS JOB SECURITY.

Hell, I worked for an international bank as a permanent employee!  This is the most secure job I will ever have and I had nothing to worry about.  Obviously, I was way over my head.

The other thing I realized about being an employee is that growth is not completely in your hands but in other people’s (aka, your boss).  It’s wrong to blame others for your misfortune but this system is highly subjective. I mean it’s cool if your boss is the objective type but what if he or she isn’t?  What if his or her basis for promoting you depends on how awesome your latte is and not your actual performance at work?

One of the things I learned from my personal development journey is that of being intentional.  Being in control of what you want and where you want to go which is why my goal now is to stop being an employee and become an entrepreneur as soon as I can and here’s why:

 

1. Freedom

 

If you’ve ever been to the Philippines, you’ll know I’m not exaggerating when I say that TRAFFIC HERE IS HELL!  Nowhere in the world can you experience traveling to work, so long that you can finish a movie or 2 episodes of your favorite TV series on your smart phone so if you have to be in the office at 9 am, you need to give enough time allowance for you to make it on time and your day is just starting.

As an entrepreneur, you are in charge of your own time.  You call the shots and you decide what to do and when to do it.  You have the flexibility to fore go work-related activities if something urgent comes up.  You can work anywhere you like without restrictions.

As an employee, you build your life around work.  As an entrepreneur, you build work around life.

Ain’t that awesome?

 

2. Control (Over Just About Everything)

 

As an entrepreneur, you don’t have to work for a boss and be at their mercy.  You don’t have to worry about job security or salary because everything depends on you and the amount of work you produce.

You can control the amount of money you can earn instead of settling for a steady paycheck which means your earning potential is limitless. You have control over time and the people you work with.

I want to be in control not only of my life but also the well-being of my family.  I want to make sure that their security is in my hands and not in other people’s.

Simply put, I WANT TO BE MY OWN BOSS!

 

3. More Time with the Family

 

As an entrepreneur, you don’t have to spend long hours in an office and arrive home to find your kids already sleeping only to wake up the next day with them already gone to school.

You get to take breakfast and dinner together and never miss out on any important activities or events in your children’s and spouse’s life.

Like I’ve always said, our kids will only be kids once.  By the time you retire, they may not even be home anymore because they’ll either be married or living on their own.

I know that working from home is no longer a new thing today but working from home and doing something you really love and passionate about is something else!

Being at home with my family is priceless and if I can do it while doing something I’m passionate about, I couldn’t ask for anything more.

 

4. Opportunity to Make a Difference

 

When it comes to being an entrepreneur, I take my hat off to Richard Branson.  His Virgin group of companies is a testament to Branson’s hard work and ability to make money of just about anything he can touch but looking beyond these achievements, Branson has also made a huge impact in so many people’s lives from the customers to the people who work from him.

The success of his ventures created more jobs and products and services that people benefit from not to mention the charities and causes he supports.

All these wouldn’t be possible if he worked the 9-to-5.  His stature and money makes these possible. This is what I want.  I want to be able to help people in need and share my blessings to those who weren’t as lucky as I am.

 

5. Be an inspiration to others

 

 

The Warren Buffets and Richard Bransons of the world were once like us.  They weren’t billionaires when they started out but they had a vision and they worked their butts off to meet their goals which only proves that nothing is impossible if you really want something.

The story of their amazing journey has been an inspiration to so many people particularly for aspiring entrepreneurs who would like to have complete control of their lives and leave a lasting legacy that future generations could look up to.

I want my story to inspire others too.  I want the story of my struggles and triumphs to motivate people to take action and enjoy life to the fullest because that’s what we’re here for.  I want everyone to know their purpose and fulfill it.

These are the reasons why I would like to become an entrepreneur.

Over to You

 

Are you contented with where you are now?

Are you willing to be an employee until you retire and make other people’s business profitable with your skills and talents?

Or be an entrepreneur and make your own mark?

 

I would love to hear from you I urge you to leave a comment or share your stories.  I’d really appreciate it if you do.

 

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Noel Rosos

About Noel Rosos

Noel is a husband, father, author, performance coach and self-proclaimed FAILUROLOGIST who helps business owners and struggling individuals convert their failures into opportunities through inspiring blog posts, life-changing books and exceptional one-on-one coaching sessions

4 comments

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  1. awazieikechi

    Hi Noel

    These are valuable tips that you have shared with us. You are so right about job security, it is no longer secure.

    In fact these days, every worker is somewhat an Entrepreneur because they are doing business with their skills.

    Being an Entrepreneur has so much benefits and it is way better than a 9-5 Thanks for sharing. Take Care

    1. Noel Rosos
      Noel Rosos

      Absolutely Ikechi!

      It took a long time to finally open my eyes to this cold, hard fact and I’m glad I did.

      Thanks for your comment as always buddy!

  2. Andy

    Right you are sir! Kaya lang, most advantages you mentioned is also the challenge for a want-to-be entrepreneur. You have to be disciplined since you control your time and nobody will tell you what to do.. Its a big leap, pero Im sure all of us (most of us) employee are going to that path.. palakasan lang ng loob :)

    1. Noel Rosos
      Noel Rosos

      Exactly Andy! It’s a big leap but you have to muster the courage to take it because if we want to be successful, we have to take calculated risks.

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