Clothes for a cause – ending Human Trafficking

The Pros and Cons of Owning Your Business

pro con

Entrepreneurship really does sound like a glamorous word. However, while you’re in it, especially during the startup phase, it’s anything but. While there are several positives to owning your own business, there are many ‘lesser positives’ :). Here are what I consider to be the pros and cons of owning my business:

PROS

1. You make your own schedule

2. Your are your own boss – you make the rules

3. When things are going well, they feel really good

4. You play a role in doing something that you fully believe in. For me it’s positively impacting the world

5. You feel a sense of joy as others join your cause and want to make a difference with you

6. You develop the skill of making things work somehow

7. You develop skills you never thought you would ever need

8. You become more and more fearless

9. If your risk pays off, it is the most fulfilling experience ever

CONS

1. While you can shift your schedule around to do the things you really want to do, your to-do list is constantly playing in your mind. There is no full piece of mind.

2. While you make the rules for your own business, you do have several other bosses, who are the direct customers you want to make sure you’re giving a quality product to. You always want to be perfect and that is not an easy feat

3. When things are going bad, they can feel very bad

4. You have to self motivate and when things are not going so well, that is difficult

5. You may not get paid for a loooooong time

6. People may not understand what it is you do and this may result in them making usually incorrect assumptions

7. There are days when it feels like you’re the only one who believes in what you’re doing, even though this may not be quite true. Others definitely believe in you, you just don’t feel it because that day happens to be a bad one

8. There is no way of really fully knowing if your risk will pay off

Although the cons may seem a bit scary, this is what makes entrepreneurship, entrepreneurship. This is what almost every single entrepreneur has had to go through at some point on their journey. Some have gained instant success, and others gained it after a few years but the moral of the story is that they’d never have known if they never tried. I strongly encourage entrepreneurship but only  if you strongly believe it’s what you’re meant to do and only do so using wise and calculated risks.

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