All my lessons to this point have been done with the assumption that young people understood the benefits of becoming entrepreneurs. But as my fifth form Math teacher always told us when you assume you make an ass of you, not me :) So no more assumptions! This lesson aims to convince all those non believers (maybe taking it a bit too far, I know) about the awesomeness that is entrepreneurship! Let the fun begin!
Let's start off with a video by Pauline van der Meer Mohr explaining from her experience, why students should become entrepreneurs.
Advantages of being an entrepreneur
Next I present to you five solid advantages of being an entrepreneur!
By far the most alluring aspect of being an entrepreneur is the freedom to decide on everything related to your business activities, the possibility of setting your own work hours and taking a vacation right at the time you need it, as well as the overall independence that being self-employed offers you.
2. Being accountable to yourself only.
Even if you own a small business, being an entrepreneur means you're only accountable to yourself. Instead of having a boss as you would on a regular job, you are the boss and you are in full control over the decision-making process.
3. The chance to use your skills and talents.
Working for others typically means you have a specific job title and you're getting paid to use a limited set of skills. However, a successful entrepreneur is often a jack of all trades that oversees and gets involved in all the areas that define a business (marketing, sales, accounting etc.) This is a fantastic opportunity for being creative, turning your ideas into reality and putting to use all of your talents.
4. Self-fulfilment and personal satisfaction.
Entrepreneurship is a venue for attaining a high level of self-fulfillment and satisfaction, since it represents a great opportunity to create something worthwhile that can benefit you, others and even society at large. It is essentially one of the most productive ways of unleashing your full potential and achieving some level of greatness. If being an entrepreneur is your dream of a lifetime, reaching this ideal offers a strong feeling of achievement and happiness.
5. Financial independence and high income.
By owning a business, you can earn a lot more than by being an employee. Furthermore, you also have the chance to increase your income a lot faster by putting in more work and by gradually expanding the business every year. Entrepreneurship is the most straightforward way to financial independence and wealth, since you don't depend on anyone paying you a salary and you also have the opportunity to make a lot more money by providing your own product or service.
Still not convinced?? Well here is yet another link to a Jamaica Information Service (JIS) article giving even more reasons for you to become an entrepreneur.
If after all my efforts you still are not convinced, then maybe entrepreneurship is not for you. But I wish you the best of luck at your 9-5 job (yes, I had to slip that one in..lol). Until next time, School's Out, Learning's In!
"My son is now an 'entrepreneur'. That's what you're called when you don't have a job."
- Ted Turner, broadcasting entrepreneur
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