Top 5 Reasons to Start a Side Business
By Wendy Stewart
By Wendy Stewart
Love your
job but not loving the pay? Wish you had more freedom and time? Look no further
than starting a side business. Businesses you start on the side can offer you
many benefits but I will only highlight my 5 favorites. By the end of you this
article, you will be looking for ways to start your own side business and
sending me your success stories!
1. Money
If you couldn’t use a little extra money in your life, then you are truly blessed. But for many of us, extra money can bridge the crucial gap because surviving and thriving. It decides which bills get paid first (and which can wait a little) and how long we stay at a job we hate. When you gain more control over how much money you bring in all of that changes. You have extra money to put on debt, save for a car, or even get out from under your mortgage. The possibilities are endless once you get extra money in your hands.
2. Freedom
Being stuck
doing something you hate is a tragedy. Usually because it prevents you from
really bringing your talents to the marketplace. When you start your own side
business, you also gain freedom over your time. You may make enough money to
cut down your hours at work and spend more time doing something you truly
enjoy. The point is your boss no longer controls 100% of your time. As your
business grows, so does your ability to choose how to spend your time. Which
leads me to my next point…
3.
Flexibility
What do you
do if you wake up sick and can’t work? Are you just out of luck and have depend
on the kindness of your boss/manager/supervisor to say it’s okay to stay home?
Or it is the more familiar scenario where you drag yourself in anyway because
you cannot afford the time off? Maybe you’re perfectly healthy but there’s a convention
you want to go to and aren’t sure if you can get the time off. Another tragedy.
With your own side business, you can potentially cut down your hours at work or
even not have the dreaded fear of losing out on pay because you wanted to spend
time doing something you enjoy.
4. Choice
Letting
your side business grow enough may give you the option to leave a job you don’t
like. I don’t assume everyone hates their jobs but I’m guessing some of you may
do a similar job, just differently. Or you just want to have the ability to
move from one temporary job to another because you like the variety of it all.
Whatever the reason, you’ll be in a better position and actually have these
choices once you have used your side business to put yourself in a better financial
position.
5. Money,
again
I cannot
discount the importance of how an influx of extra money can change your life.
What would you do with an extra $500 or more per month? What could you do if
your side business outperformed your employee salary? Freedom, flexibility, and
choice become your allies as you transition to a lifestyle you have designed;
not the one your boss thinks you should have.
Be the mistress of your own financial destiny and start a side business. If you are reading this and have already seen success from your side business, leave your story below so we can all share in your success!
For even more tips, visit: http://thecollegeinvestor.com/15912/the-power-of-starting-a-side-business/