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BUSINESS

OWNING YOUR OWN BUSINESS- ADVANTAGES

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Owning a business comes with several advantages. A few of these advantages are discussed in this article. Some challenges also arise with managing your own business but it appears that the advantages outnumber the challenges.

You have the privilege of being in control. You have the power to make your own decisions rather than taking orders from a superior in the case of working for another person. Of course indirectly, you take orders from your cherished customers in order to win their favour. When it comes to running the business, you have the opportunity of planning it to suit your convenience. However, this flexibility should be managed well so as to avoid any challenges that might arise. For instance, a family woman who is also an entrepreneur certainly has some level of flexibility in managing the home and also giving out her best as an entrepreneur.

Owing a business is an opportunity to live and build something meaningful. Everybody has a unique ability to create and this is an opportunity to bring your unique creativity into fruition. As the director of your business, bring out that uniqueness in you rather than being a copycat.

You have the opportunity to serve people (customers). Serving other of God’s children is one of the areas to get fulfilment in life. As you serve and serve properly, money will certainly follow. The amount of income you will make in your own business is a function of the quality of service you provide.

You are likely to have a positive impact on the world. Exhibiting your uniqueness in your business and solving the needs of people results in impact. The discovery of Microsoft has solved several challenges of the world. Your own business is also likely to solve several challenges of the world.

You are likely to make more money relative to being an employee in another company. Managing your own business does not promise a truck load of money within a short period of time but at least, you are guaranteed some level of income. Making more money depends on the level of service that you offer society. Always ensure that your services are distinguished and unique and it will attract the desired amount of money.

With the list of advantages above, consider setting up your own business and reap the benefits that come with it. God is always happy when His children provide services to other children.

Picture credit to ‘fanpop’

Categories
BUSINESS

CONSIDER CREATING A BUSINESS!

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When I was growing up, the system around me taught me that, I have to go to school and learn hard; complete a university or a tertiary institution; look for a job from existing companies or institutions and start working. I thought the process of getting an employment with companies was so easy until I continuously submitted applications to fill job vacancies of many companies for close to two years before being called for an interview by one of the companies I had applied to. Several mates of mine also had to wait for some number of years before landing on their first job even though some others were employed earlier than expected.   

Many youths have associated themselves with the ideology of getting a job from already existing companies after school. I have come across several graduates of tertiary institutions moving from offices to offices to drop ‘application for employment letters’. Usually, the demeanour of such persons show how desperate they are for jobs and one can easily guess the number of years they may have been waiting to get employment. For how long can one wait to fill vacancies that may not exist?

Creativity is an innate and precious characteristic of man. God created Adam and Eve to dominate the earth. This implies that man has the ability to create using resources that God has already provided and even create out of nothing. Employers have been creative enough to establish businesses that provide good(s) or service(s) to members of the society. These employers located a need of society and have provided solutions to these need(s) in the form of businesses.

Each and every one of us is unique. What one person can do, another person may not be able to do. Each and every one of us has a unique style of creativity. Some of us can write songs; some are good in the arts; some are good in discovering new recipes; others are good in cleaning of clothes etc. What is important is to locate your style of creativity and develop it. The purpose of education is to sharpen our style of creativity for us to start unique activities including setting up of new businesses. All other necessities such as initial capital, logistics, human resource etc. come after locating your style of creativity.

To conclude, if you are a graduate who has been home for several years and looking for job and not getting one, then reconsider starting one. You may already be employed by existing companies but you can start a business of your own. Joseph, King Solomon, Isaac etc. were all businessmen and their businesses contributed to their prosperity. For King Solomon, he even traded in gold.

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