ALT-1 Reasons to Start your own Business after being Laid off
When you lose your job the automatic response is to start to hunt for another source of employment, but why not use your time planning to start your own business instead? There are lots of reasons why this is a preferable course of action and they are listed below.
You Channel Your Energy Into Something Worthwhile
After you have been laid off you have two choices; you can allow yourself to get stuck in a rut of depression, or you can focus on the positives and decide to use your skills to your advantage. Starting a business forces you to focus your energy on positive things and can help you to break through your invisible barriers to realize your dreams. This is a much better use of your time than running down interviews trying to work for someone else.
You Create Your Own Opportunity
Sometimes losing your job can be a blessing in disguise because it opens up the pathway to creating your own opportunities for success. You may make an average living by working a nine-to-five job at someone else’s company, but you might have the potential to be extraordinary on your own. Losing your job may be the catalyst you need to start your business and set your path for growth and development.
You Can Make Money Instead of Waiting to Be Rehired
Instead of living off your savings and worrying about when you will be able to start bringing in money again, you can take matters into your own hands and start a business that has the potential to earn you a continuous cash flow. Often the money you make from your own business is much more than your previous income and in addition to this there are a few perks of being of your own boss, such as the flexibility to spend more time with family or the thrill of making your own decisions.
You Have the Chance to Secure Your Future
When you start your own business you take charge of your life. Your success or failure depends on your own actions and not on the decisions of a third party. Essentially, you remove the power to hire and fire from an employer and you become the boss. The security of knowing that you cannot be fired again is probably the most compelling aspect of starting your own business.
If you have recently been laid off, think about the reasons to start your own business listed here and consider taking the road to entrepreneurship today.
