12 BRAIN-FUELLED REASONS TO COMMIT TO YOUR HEART-CENTRED BUSINESS IDEA
You’ve probably heard lots of reasons why you shouldn’t to go into business. It’s too risky, you have to work more than you would in a regular job, it costs too much... all in all, it just wouldn’t be sensible in your position. But for every reason not to
1. BECAUSE YOU CAN
There is a business appropriate for just about everyone’s experience, interests, or expertise these days and so much support to help you make it a reality. It really comes down to figuring out what business you want to start. What do you love? What do you know a lot about? Do you have an idea for a problem you could solve for people? Would you prefer to have a business on your own or do you want to get involved with an already established business model like direct sales?
2. SO YOU CAN SPEND MORE TIME WITH YOUR CHILDREN
Let’s face it, a 9-5 job really isn’t 9-5 anymore when you add in the additional time you need to be “seen” at work, attend out of hours functions or get things done in your own time. Add in the dreaded commute and it takes away a healthy chunk of valuable time you could be spending with your family.
3. SO YOU GET TO WORK ON THINGS YOU’RE PASSIONATE ABOUT
Love what you do and you’ll never have to work a day in your life. Starting a business lets you do something that lights you up and gets you excited to jump out of bed in the morning. It also keeps you getting out of bed when obstacles get in your way.
4. SO YOU CAN WORK FROM HOME
Working from home keeps your business overheads low. Plus if your children are sick, you have the flexibility to take care of them without having to use up all your sick days.
5. SO YOU CAN CUT DOWN ON CHILD CARE COSTS
Depending on the business, you might be able to reduce your child care costs by working around the hours that your children are awake. It may mean working in the evenings but that might be an exchange you are willing to make, especially if you’re a born night owl anyway!
6. FOR THE FLEXIBILITY
You get to do what you want, when you want, the way you want. No guilts, no negotiation. Sick child? School concert to attend? Having your own business means you have the flexibility to work around the needs of your life and family.
7. SO YOU CAN SAVE ON EXPENSES
Working away from your home comes at a cost. There’s commuting costs, work attire, laundering, child care, lunches and coffees. It all adds up. Depending on the business you want to start, initial expenses may be low in comparison and you can manage the ongoing expenses as you grow (and there are always ways to cut expenses in a business!).
THERE WILL ALWAYS BE OBSTACLES. DOING SOMETHING YOU LOVE IN A WAY THAT SUPPORTS YOUR LIFESTYLE WILL KEEP YOU GETTING OUT OF BED WHEN YOU COME UP AGAINST THEM.
8. TO GIVE YOU A NEW CHALLENGE
There are few greater ways to challenge yourself than by starting your own business. If you’re someone who thrives on self-development, running a business will encourage you to become proficient in areas you may not have thought of. It sharpens your problem-solving skills, makes you develop an adaptive mind set and inspires creative thinking just to name a few.
9. SO YOU CAN MAKE MORE MONEY
In most cases, when you work for someone else there’s a negotiated limit to how much money you can make, but as a business owner the sky really is the limit. And you decide if you want to work harder and earn more or ease things off as family commitments take priority for a time.
10. FOR THE TAX BENEFITS
There are lots of business expenses you can write off on tax. Things like travel, food, phone bills and portions of car payments. Some businesses can also qualify for government incentives or grants. Ask your accountant about the tax benefits you may be eligible for by starting your own business.
11. TO HAVE THE QUALITY OF LIFE YOU WANT
There are so many opportunities to run your business online these days so in many cases you can have geographical freedom. If you want to share the experience of living abroad with your children or even going on frequent working holidays, the world is truly your oyster.
12. TO BUILD YOUR SELF-ESTEEM
Being a single mum doesn’t preclude you from having a successful career, staying active and healthy and having a close social network of peers. It’s possible to manage it all in a way that suits you, your family and your needs and challenges. Sometimes you need an outlet, something that’s just for you. Starting your own business can be that outlet, it can build your self-esteem in truly new and incredible ways.
Don’t let negative self-talk, inexperience or doubt stop you. All you need is an idea and a serious drive to take control of your life and your dreams.