1. You’re The Boss!  -  Yeah, yeah, I said yesterday that you’re not the boss and that you have as many bosses as you have customers.  But the reason this is a good thing is because you don’t have that guy who thinks he knows everything telling you what to do all the time and getting on you for being 7 minutes late or leaving the office at 4:57 when the office hours have been clearly stated as 8 to 5.  Forget that! I’d rather work 12 hours for myself than 8 for someone else! 

2. No More Cube!  - Enough said.   

3. Tax Deductions!  -  When you are a business owner you can take advantage of the tax code as opposed to being taken advantage of by it.  Let’s look at the numbers.  An employee makes $1000, pays $300 in taxes and then buys a computer for $700.  They now have $0.  A business owner makes the same $1000, buys a $700 computer, writes it off as a business expense and then pays the $90 tax on the $300 left over.  He is left with $210.  The business owner wins.

4. Control!  -  This is good and bad.  Along with the authority comes the responsibility, but you just have to pick your poison.  There are headaches that go along with employment and there are headaches that go along with entrepreneurship.  You have to choose which headache you’d rather have.  I’d rather have the headaches of Entrepreneurship.

5. Lack of Security!  -  Some people would see this as a negative.  I see it as a possitive 100%.  With security and liberty, you’re playing a no sum game.  More liberty means less security and more security means less liberty.  Think about it.  If you are in a jail cell 24 hours a day everyday, you are 100% safe…but you have no liberty.  If you had 100% liberty, meaning you were free to do anything to anybody, then no one has any security.  

6. Retirement!  -  By this I mean that instead of working hard, saving money, and investing to hopefully have enough to live on at 65, you intentionally create assets and build a cashflow sufficient enough to cover all your overhead and living expenses.  Then you can “retire” at 26 or 32 or 40, or whenever you want.  What? Retire at 26? You can’t do that! 

Why not?  What does it take to retire, age or income?   

7. Whew!  -  This is the sense of accomplishment, fulfillment, and relief that comes with taking the plunge into business ownership!  So face your fears and go do it!

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