Why did you become an entrepreneur? Did you want to become your own boss? Were you tired of seeing companies doing things the wrong way and wanted to start doing them the right way? Did you want to make an endless amount of money?
Whatever the case might be, you became an entrepreneur for a reason — this is obvious. A large amount of people become entrepreneurs for two reasons. (1) They want to be happy as a result of doing what they love. (2) They want to make an endless amount of money.
Unlike so many other professions (you know, like jobs with salaries attached to them), entrepreneurs can have the best of both worlds when it comes to happiness and money. Let’s go into those two concepts in greater detail, shall we?
Why Entrepreneurs Can Have The Best Of Both Worlds When It Comes To Happiness And Money
Looking At The Money Factor
Entrepreneurs pick their business ventures. In other words, they get to decide which businesses they want to create/invest in. Of course, that also means they take on all the risk from a financial standpoint, but entrepreneurs are well aware of that.
Entrepreneurs are not office employees. In fact, they aren’t employees at all. This is a huge benefit for the amazing fact that entrepreneurs don’t typically have a salary, which means there is no cap on how much they can make. Ideally, the more they work, the more they make. A person can’t exactly say that when they have a salary. Unfortunately, more and more people are starting to work longer days, which means they are technically making less money. After all, if you are working more hours but are still making the same amount of money, you are cutting your hourly rate.
This is not the case for entrepreneurs. Of course, entrepreneurs get burned out just like everyone else. The only difference is the fact that if they work more hours, they typically make more money. At the very least, their businesses are growing, which can lead to even more money in the long run, and more opportunities.
Moral of the story, there is no cap on how much an entrepreneur can make.
“If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things will play out.” – Mark Zuckerberg
Taking A Look At The Happiness Factor
Although being an entrepreneur does not mean you are eliminating stress (after all, running a business, being your own boss, taking on all of the risk from a financial standpoint and managing employees can all lead to a great amount of stress), there are plenty of reasons why many entrepreneurs are living a happy and fulfilling life.
For starters, they can work whenever they want, meaning the 9-to-5 workday doesn’t exist if they don’t want it to exist. This is perfect for entrepreneurs who incorporate the concept that is the work-life balance. Basically, entrepreneurs balance life and work, so they might always be on the job, but they are also not waiting for the weekend to live their lives. If they want to go to a soccer game on a Wednesday afternoon, then they can.
When you have the ability to work whenever you want, you can work when you are most productive, and you don’t have to sit at a desk from 9-to-5 Monday through Friday if you don’t want to. A good majority of office employees cannot say the same thing.
Most entrepreneurs can also work wherever they want. If they want to work in a coffee shop, they can. If they want to work on the beach, they can. If they want to work in an office, well, they can. The money factor can also come into play. For example, if you can do business anywhere, then you can live anywhere. Therefore, you can live in a city/state/country that is cheap when it comes to cost of living.
Entrepreneurs, in every sense of the word, follow their goals and dreams. They aren’t dreaming about their ideal lives, they are living them out every single day. And that is one of the many reasons why entrepreneurs find happiness every single day. Not just on the weekends, and not just on vacations.
“Twenty years from now, you will be more disappointed by the things that you didn’t do than by the ones you did do, so throw off the bowlines, sail away from safe harbor, catch the trade winds in your sails. Explore, Dream, Discover.” – Mark Twain
Happiness and doing what they want is a daily practice. Entrepreneurs have a ton of freedom when it comes to making money and when it comes to doing the work they love to do.
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