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3 Reasons You Should Start Your Own Business

3 Reasons You Should Start Your Own Business

I chose to be the driver and it made all the difference.

What are we driving?

My life!

I’ve worked for others and for myself to earn a living – many times.

And if I have to start all over again, one hundred different times, whether online or offline, I’ll choose to be my own boss – every single time.

I know… the Nigerian society glorifies conventional, white-collar careers (a.k.a., ‘working as an employee’).

The society sets an agenda for your life. Go to school. Memorize theories. Get good grades and a certificate. Get a job. Hold the job for 45 or 50 years. Retire at 70.

Then, start enjoying your labour.

That’s crippling.

Would you rather enslave yourself all in a bid to follow what the society considers the ‘right’ career path? Or would you rather pursue your own ideas that would make you happy, give you freedom, earn you a great living and greatly impact the world?

3 Reasons You Should Start Your Own Business

Here are three reasons you should start your own business.

1. There are no jobs

It’s no news: millions of Nigerians are unemployed.

Some of them are more educated than you. Some of them are more skilled than you. Some of them have more connections than you.

Yet, they’re not employed.

Any hope for you? Are you really ready to wait on the gatekeepers – the government and big corporations – to come offer you a livelihood?

Have you forgotten how in November 2012, 6 Ph.D., 704 Masters and 8,460 Bachelor degree holders applied for 100 driving positions at Dangote Groups?

Why?

The jobs do not exist.

Rather than start or continue a vain search for them, start a business and create some.

2. Job security is a scam

There’s no such thing as job security.

If you’re one of the few already getting monthly paycheck, congrats, but don’t throw a party yet.

You might get fired for making a mistake. You might get fired for being too creative rather than simply following boring routines. And of course, you might get fired for doing nothing wrong at all.

Why?

Because your boss CAN fire you, and there‘s absolutely nothing you can do to help it.

Is that what you call job security?

Don’t you hate how you, as an employee, live in perpetual fear of how your boss might wake up one day… and decide he does not like your face… and change your life with the 3 words, “You are fired!”?

3. Employees have a ceiling

As an employee, there’s a limit to how much you can earn and how rich you can become.

As a business owner, there’s also limit – but the limit is set by you, your imagination and your efforts. The limit is not set by some persons you can’t control.

If you get a monthly paycheck of N5 million as an employee, imagine how much your employer must be making monthly.

Maybe N50 million. Maybe N200 million. Whatever it is, it will be many times what you earn, even if it’s you who do all the work.

What’s holding you?

Okay, I admit this is risky. You could start your own business and fail.

But that’s far better and safer than chasing jobs that don’t exist or living in perpetual fear of being sacked.

And even if you fail, learn from it and try again.

But wait, this isn’t a call for you to drop out of school (although many successful people did just that) or quit your job just yet. You can quit your job later. Just start your own business first.

It’s important that in your own life, you sit in the driver’s seat. Be responsible for your own success or failure.

The last time I advocated this crazy idea of being an entrepreneur, someone took me up and said everyone cannot become an entrepreneur – otherwise, entrepreneurs will have no employees to work for them.

She’s correct and that’s great news.

If everyone cannot be an entrepreneur, it means those of us who choose to be business owners will ALWAYS have some folks to work for us and SERVE us.

Now the choice is yours.

Will you join us entrepreneurs? Or will be an employee and serve us all your life?

My premium online training course, Affiliate Goldmine, which teaches you how to start a profitable online business based on pay-per-lead affiliate marketing opens for regstration on Wednesday, April 8th 2015. Watch out!

Question: Why did you start your own business or why do you want to start one? You can leave a comment below.

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-- Dr. Mahfouz A. Adedimeji | Fulbright scholar | Senior Lecturer, Unilorin | newspaper columnist

About Muhammed Abdullahi Tosin

Writer. Difference Maker. Entrepreneur. Author, Your Right To Write & Vertical Writing. Winner, 11 Writing Prizes.

Comments

  1. Abdullah, is a masteiece like always.

  2. It’s either they join us or work for us simple and straightforward. Thanks for the reminder!

  3. I read the comment of someone on your Facebook post about this. I think employees just don’t get it. They will not appreciate this and you should just leave them alone to slave away rather than trying too hard to help them see realities.

    Your write ups are liberating. Thanks.

  4. He who has ears to hear, let him hear.

  5. that is a recipe for a great day Mr Abdullahi. surely most people concentrate on the negative side of business.

    This is their kind of question ‘what if I fail?’, ‘what if I go back to square 1 and people criticize me’, ‘what will my friends and family thinks of me’. I can go on an on

    but d good news is dat ‘what if they succeed?’, success is not for the timid minded individuals.
    after all failure is an opportunity to begin again more intelligently.

    thanks for dat masterpiece my broda.

  6. Adeyemi says:

    Honestly , I have a bussiness idea at this moment but start up capital will be worth up to #5M….. still asking myself how do I get that ?? …. thou currently as i speak am an undergraduate .

  7. I stopped thinking of getting a ‘good job’ since I read your article: Build Your Dream or Work For Someone Else To Build His.

    Your #2 Point reminded me of a post on Nairaland where the employee said he was fired for refusing to be enslaved — His female boss asked him to carry her bag. Imagine Muhammed.

    Thanks man, you rock!

  8. Wow! As always, Abdullahi, this is on point.

    It’s a tell-them kind of reorientation.
    Uniquely well expressed. Again, you nailed it like kilode!

    I especially am thrilled with your response to the nagging question: If everyone became an entrepreneur, who would work for them? It’s no-nonsense. Apt.

    My kobo (from this wonderful post of course): Rather than mortage your freedom, your creativity, for so-called corporate jobs, why not be an employer of labour?

    Thanks for reminding us yet again.

    Broad smile,
    – Sodiq

  9. Thank you so much for this.

  10. There is nothing as good as loving what you do and doing what you love. Freedom!

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