6 Reasons Why Now is the Time to Start Your New Business

I don’t have the time. I don’t have
the money. The economy is bad. I
am too busy with my family. These
are all common excuses among
people who are interested in
starting a business. Why continue
to hold yourself back from realizing
your dream?
Here are six reasons why now is
the time to start your new
business.
1. The Corporate World Has Never
Been More Unstable
With the U.S. unemployment rate
hovering around 10 percent, saying
that the job market is unstable is
an understatement. Are you
worried that you are going to join
the ranks of the unemployed in the
near future?
The thought that “having a
corporate job is safe” is a thing of
the past. Now, unless you are the
person in charge, you are in
jeopardy. Even if you are an asset
to your employer, there may come
a time when you are cut out of the
equation, sometimes for no good
reason.
Some of the largest employers in
the world are scaling back. Rather
than take the risk of being let go,
take the bull by the horns and start
your own business.
2. You Don’t Need the Stress
Let’s face it: working for a
corporation can be a world of pain.
From the daily commute to the
long hours and everything in
between, you are going to be
stressed out. In turn, your health
will inevitably begin to suffer.
Does this mean that starting a
business is stress-free? Of course
not. However, you are the one in
charge of your schedule. On top of
this, you can ensure that you
always have a job. Yes, you will be
stressed about getting your
company up and running and
earning enough money. But at
least you are the person calling the
shots and you are no longer at the
mercy of your employer.
3. Take Advantage of Cheaper
Prices
With the economy in the dumps,
there is great value right now in
many markets and industries. This
is the best time to secure low prices
on everything from office space to
labor to land and equipment.
Although it costs money to start
any type of business, you can save
big right now thanks to a struggling
economy and a hungry workforce.
4. You Can Have an Office
Anywhere in the World
Tired of a long commute and
traffic? Work from home! Are you
interested in moving to a different
part of the country, where the cost
of living is lower? Pack your bags
and get on the road - youre the
boss now! No matter your business,
when you are the guy (or woman)
in charge you can setup shop
wherever you want.
Tip: consider an internet-based
business. With this, the only thing
you need to get started is an idea,
an internet connection, and a
computer. It does not matter
where you live as long as you
have these three things. The cost of
starting up is less too, which is
another massive benefit.
5. Do What You Love
Have you spent a good portion of
your life working a job that you do
not enjoy? Join the club. This is
something that millions of people
all over the world face, day after
day. As common as it may be to
work a job that you don’t enjoy (or
even hate) this is not something
that you have to deal with for the
rest of your life. To quote Steve
Jobs: “We don’t get a chance to do
that many things, and every one
should be really excellent. Because
this is our life. Life is brief, and then
you die, you know? And we’ve all
chosen to do this with our lives. So
it better be damn good. It better be
worth it.” Pick an industry you love
that gives you the ability to earn
money while never feeling like you
are at work. Does it get any better
than that?
6. Flexibility
Unfortunate as it sounds, many
people sacrifice other parts of their
life, such as family and
extracurricular activities, for their
work. Dont be under the false
illusion that youll never have to
compromise again when you run
your own business, but you can
definitely be more flexible when
you run your own business. You
can take as many vacation days as
you want - as long as you get your
work done. You can take your child
to school in the morning, schedule a
doctors appointment in the
afternoon, or take your spouse to
dinner without having to worry
about what is going on at the
office. It is this degree of flexibility
that is often the most alluring
factor of starting up.