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The Worst Reasons to Quit Your Job to Open a Business

"ken sundheim in nyc"

The Worst Reasons to Quit Your Job to Open a Business

by Ken Sundheim

 

There are certain sets of drivers that lead people to venture into their own business. Unfortunately, a certain set of these drivers repeatedly ends in failure.

 

I think that many people have a skewed view of entrepreneurship and the dedication, sacrifice, creativity and stress involved throughout the process.

 

Once you are engaged to entrepreneurship, you might as well marry it because employers are going to be hesitant to hire you following the venture, out of fear that you’ll one day be a competitor.

 

While companies maintain that they are “entrepreneurial,” the majority stick to the stance that they should never hire true entrepreneurs.

 

With that being said, if you are attempting to quit your job and hang your own shingle for any of these reasons, don’t. And never be ashamed to not be an entrepreneur: for most it is not as exciting as it sounds.

 

1. When you are short on money – Entrepreneurship does not pay a lot of money. As a matter of fact, it pays $0 to most, leaving them with a feeling that they failed.

 

Whether it be working for someone else or opening your own business, you must do it for passion, as paychecks don’t come without the aforementioned.

 

2. When you are having a child and want time flexibility – When first opening a business, you are looking at 17-hour days… if you even want a shot at being successful.

 

Opening a business takes as much dedication as raising a child, which often presents a great conflict of interest.

 

I can’t stress it enough that if you have a decent job and are starting a family, opening a business is very risky and is not going to give you more family time or funds for college.

 

Probably, it will carry a completely opposite effect.

 

3. When you want to shove in it your boss’s face – If you don’t like your boss, don’t think that you are going to shove it in his or her face by succeeding in opening your own venture because spite is a failing driver for entrepreneurship and anything in life.

 

Also, don’t think that you are going to compete with your former employer just because you may think they are stupid and you are smart. You could find out that you are quite wrong.

 

If you don’t like your boss, find a new job.

 

4. When you don’t feel like getting a job after college – This I cannot stress enough. Getting a job for at least a year is recommended prior to opening a business.

 

Young people think entrepreneurship is hip and is a profession. Entrepreneurship is simply means to an end and, if you are a successful entrepreneur, don’t think that you won’t have a boss…they’re called clients.

 

In closing, opening a business is never glamourous the first few years and, more often than not, you are going to get treated a lot more poorly than you ever would have been by a disgruntled manager.

 

There is nothing wrong with working for someone else. Whether a person sweeps the streets or whether they are a CEO, they contribute to society in one way or another which is a lot more than someone will contribute if driven by any of the above reasons upon opening a business.

 

 

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How Entrepreneurship Should Be Taught to Younger Generations

 

 

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