1. Benefits and Disadvantages of an Entrepreneurial Business
Structure
If I required to meet somebody for my business, I would set the meeting outdoors of rush
hours so I could get there in couple of minutes rather of an hour. I lately calculated that the
mere fact of becoming an entrepreneur had the benefit of freeing almost 7 to eight hours
every week, only because of visitors! That's a entire day of work each week that I can use to
produce more business profit, go to the fitness center, sleep more, or something that will
bring me much more happiness or money. The final way that this advantage manifests itself
is by allowing me to adapt my schedule to my wife's schedule in order to be there for
essential moments. The same is accurate for family members, friends, or merely for events I
would never attend if I had been still an employee having to get up at six every morning.This
is a massive advantage for me, although I didn't truly believed about it before becoming an
entrepreneur.
The third benefit of becoming an entrepreneur: Freedom of location
If you create a great company model and have good people in place to delegate important
company tasks, freedom of place could also be 1 of the advantages of becoming an
entrepreneur. It may take a little while to set it up, especially if you are into a "brick and
mortar" company, but it is really possible, and not that difficult. Of course, you will have to be
there in individual from time to time, but with great people in place you will soon get paid
even when you take a day off. You will even get paid when skiing for a week or two or when
visiting a nation with your family members. To me, this benefit of becoming an entrepreneur
also indicates that if my wife's job gets transferred to another city, I can follow her and only
come back to town from time to time.
The fourth benefit of becoming an entrepreneur: Freedom of choosing my projects
This advantage of becoming an entrepreneur was a genuine motivation to quit my job and do
things on my own! Have you ever worked on a really, truly boring, annoying, meaningless
project that was nonetheless treated by your boss as if it had been critically important? Me as
well! I imply, I have worked in so many locations where all the minutiae and truly absurd
processes took at least half of my day. I think these had been the moments where I felt the
most urgent need to get out and become an entrepreneur. So numerous hours lost in
debilitating processes. I honestly think that, on the lengthy term, this kind of function could
lead to problems like depression or other function associated mental health issues. Believe
about it, becoming "forced" to do issues that you know are unnecessary and for which you
feel no gratification at all, and doing these issues once more and again and once more.
When you are becoming an entrepreneur, you have the benefit of being in a position to
choose your projects and only work on those which are truly important or that you enjoy the
most. Of course, becoming an entrepreneur necessitates that you accomplish some boring
tasks. franchise sales leads