Quit Job & start own Bizz
5 Reasons to Quit your Job and Start a Business
If you too find yourself confused about the common working man’s eternal dream of quitting a regular job and starting a business, the following considerations will enlighten you why you should take this dream seriously:
1. Eliminate Fear of Being Laid-off Forever!
Our economy is still dictated to a large extent by global economic trends. Whether it was the economic downturn that sank international economies during 2008 or periodic downward swings in international business, industrial growth isn’t totally immune to such trends. This is why even the biggest of corporates have to fire employees from time-to-time, paying heed to their falling margins or dipping international currency rates. However if you are in-charge of your business, such fears of being laid-off are temporarily removed. Your business might suffer from cyclical patterns of low returns due to gloomy moods in international markets but the stigma and stress of being fired would be totally neutralized.
2. Break-away from ‘Being Employed’ & Taste the Flavor of ‘Being Engrossed’
There will always be folks who swear that their jobs provide them the satisfaction and opportunities they have always sought. However, the number of such people is limited. Most of us find ourselves caught between office politics, lack of professional growth avenues and sustained pressure of finding a more lucrative job offer. However, a self-business model is such that it doesn’t employ you, i.e. rather it engages your soulful dedication. Being a self-entrepreneur means you will develop an inherent enthusiasm for your work which is the best cure for job-related problems like stress, fatigue and professional frustrations.
3. Benefit from Encouraging Environment to Start Business
The Indian economy has been progressing steadily due to the rise of numerous start-ups and self-sustaining business models. This fact has been realized by the state and central governments who are continuously trying to make the environment more feasible for prospective entrepreneurs. Though the cost of land and other manpower resources have risen considerably, financing and the administrative procedures have become more undemanding. Banks and lending institutions are more forthcoming to start-up organizations, providing loans and long-term finance options with greater ease than ever before.
4. Gain from Consumers Being Back to Spending
While some nations are still recovering from the after-effects of 2008’s economic crisis, most economies are back to robust growth pattern. Even with the cost for basic goods risings, the spending pattern shows little signs of abating. Some businesses might complain about shrinking margins but the volumes continue to grow with the average Indian consumer becoming more brand-conscious, having access to easier personal financing and looking upon spending as an integral part of contemporary lifestyles.
5. Unleash Your Creativity & Explore Your Potential
The current social scenario is such that experimenting with a business model and testing one’s self-entrepreneur skills have been accepted. Newer trends are rising which give you the option of testing unexplored waters with greater ease. For instance, some people have quit their jobs, mid-way through their career and set-up homestays wherein they permanently rent-out a piece of their property to foreign travelers and use this easy source of income for financing their dreams of being a writer or an artist. With India’s wireless internet access spurting, the online medium itself provides an unlimited range unexplored business options. The onslaught of social networking has meant that there is no need to employ expensive, Public Relations or marketing firms for promotional purposes.
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