Before I state those reasons, read the heading again, it says 'quit' meaning I had worked for sometime and for someone. It's important to work for someone/company to learn structure.
The real-life experiences of working for someone first far beats any context or ideas you may glean from a textbook or hear people debate.
Here's one I picked up when I worked in a multinational.
My Boss back then wasn't literate, but he had "common sense" and depth of knowledge from running his business.
When he employs a new staff, his first test to prove your integrity was to send you out to buy products by yourself, without a driver or any support from other employees.
Most of what he sends you to get, he knows the exact cost, how much transportation you need etc. For example, If he wants to buy a printer, he will do his own findings.
My Boss was cunning, he would arrive early pretending to ask you the cost of a printer. Being your first time and wanting to please 'Oga', you would state a cost or do your own findings.
Most employees seeing he was the boss saw/used it as an avenue to make money. A printer that could be bought for 45k they would add extra 15k or more. When he asked for transportation/logistics cost, some staff would add and say N5k - N10k for something that they could transport for N1k.
The moment you leave the office on your high-end purchase, he would hold a meeting with other employees telling them what roles you were to play.
If your roles involved finance, he made sure you were paired, and could never leave certain amounts in your care, as the company had heavy dealings with large sums.
He never trusted you with money if you fumbled.
Now that lesson is priceless and something you could use to vet staff or employees, partners before you involve them in your business.
To the main points, the 'why' I run my own business.
1. Pay myself - If I work for someone, I am locked on their own offers, if or not my value is priceless.
2. Wake up anytime - I love the fact that I wake up at my own time not running or jumping off the bed by 4 am just when the sleep gets sleepy, probably to an office where the boss is still in his pyjamas.
3. Have all the profits - This one is obvious without any explanation, after helping the company earn profits in 11figures, they pay you in 5figures. Bros, the difference is too much.
4. Work at any time - Oh yes, I could decide to work by 7 pm or 11 pm because it's my business. Try showing up by 10 am at another man's business if he has hired you and see all hell break loose.
5. Be the Boss - You have to give yourself some cool treat. It does well for your ego, keeps you responsible and committed to seeing things work.
6. Travel anytime - I love to see the world, travel to new places. Working for someone may or may not allow you the luxury of traveling, and when it does it's mainly for a period fixed by your employer.
7. Pass on my business - In the case of death your children can't inherit your job but can continue your business.
8. Duplicate my business - I can decide to start my business in a new state if I choose to because I own it. Doing that with another man's business will get you a lawsuit if or not your idea is for the greater good.
9. Employ other people - I can hire my own people and fire them as well it's my business.
10. Collaborate on a project - When you work for someone, you get paired with your enemies or friends without consideration if or not the project is in your interest.
11. Own my business - Working for the government strips you of any efforts to own your own business. Reasons why retirees have nothing to fall back on besides pension (which is also unreliable)
12. Run multiple businesses - Owning my business affords me the time to invest and watch closely other profitable ventures.
13. Be fully involved in raising my kids - The rise of single parented children is alarming, one major cause is the lack of involvement of both parents. Basically, because either or both are locked on a job that demands their time.
14. Expression - Running another man's business locks you out of being real, you are careful not to step on toes.
15. Develop a talent - Running your business allows you time to explore your potentials and develop your talent, maybe you love singing, golf, running or car racing, all these things require time.
16. Spend more time with my spouse - Seen many marriages collapse because husband or wife has replaced work with their other half. Even when they find time for romance they're too tired to be affectionate.
17. More time for spiritual services - I love God and as a Christian, it's required to be committed to the workforce in my place of worship.
18. Be involved in charity/community building(Presence) - Yes I could donate, but I've always loved to be a part of the process...
19. Take a risk - Because my business belongs to me, I can take chances, jump on opportunities without clearance from any department.
20. Be creative - People don't like change especially if it poses a risk, they would rather remain stuck with a template. You can change the narrative and be creative because you own the business and don't need to report to anyone.
21. Network - Owning a business allows you to make on ground key decisions in networking events when the need arises.
These are a few reasons why I run my own business, it looks juicy, but it's not a walk in the park.
Running yours takes dexterity, determination, creativity, tears and failures, not everyone can handle that.
But if you are dedicated and committed to the cause you definitely will SMILE.
Do you think running a business is something you want to try or enjoy doing?
©Peter Moffat Nwator
0 Comments:
Post a Comment
Share your thoughts on this post.