Question

Minimum 320 words and unique content please. In your opinion, what is the most important aspect of starting a business? What passion or interests led you to the decision to create your business?
Thank you!

Answer 1

Creating something is always better if you are not satisfied with what is already existing. Most of the business opportunities are born out of the same thought " I wish something like this exists". Don’t ‘Justify your dreams just act on them. By creating some thing or expanding something already exists, you are contributing to the world by adding some value to it.

Passion: Unlike all other options of leading the life the having own business gives us opportunity to work on our interests & passion rather than working on someone else's vision & Goal. “Even if you don’t have the perfect idea to begin with, you can likely adapt.”

Power & Responsibility: You will have absolute freedom & 100% responsibility of what you are doing. Only driving factor lets you work is your interest & passion not some one's force. “I think not focusing on money makes you sane, because in the long run it can probably drive you crazy."

It Is a Practical Choice : Business majors have more job security than other majors

As an entrepreneur, you have to be OK with failure. If you’re not failing, you’re likely not pushing yourself hard enough. Make something people want” includes making a company that people want to work for.

“Don't start a company unless it's an obsession and something you love. If you have an exit strategy, it's not an obsession.”

Easier To Switch To a Different Job Mid-Career

To keep things interesting, many people find that at some point in their career, they yearn for a complete change. If you have a business career, this is much easier to do than with many other professional careers such as nursing, engineering, and radiology. This is because business skills transfer more easily between industries than the professional skills you would acquire in other professions.

More Opportunities For Advancement

In general, business careers offer more opportunity for career advancement than other careers. With advancement comes salary increases, professional respect, an opportunity to challenge yourself, and many other perks as well.

May Have the Opportunity To Retire Relatively Young

It is not uncommon for businesspersons to retire in their fifties or even late forties. This is because people in business tend to have excellent salaries that allow for putting away a good nest egg. They also tend to have excellent benefit packages and other business perks that make saving money and retiring early much easier.