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5 Reasons to Start Your Own Business (Before Quitting Your Day Job)

Catalin Zorzini March 31, 2021 · 3 min read

If you want to be an entrepreneur, go for it. That’s me, encouraging you—the very short version. I know (trust me, I do) that there are pluses and minuses when it comes to starting any journey in the start-up world. And no matter how many times you’ve heard it, this is very much how everything is in life, in general.
But today I’ll focus on reasons (the ‘pluses’, which, by the way, put together can always kick the ’minuses’) to open your own business. I’ll start with 5, although there are so many more.

1. Tax Benefits

OK, tax benefits vary from country to country, but usually entrepreneurs can take advantage of some sweet tax perks. It’s a pretty long list of expenses you can write off. Top of the list: travel, phone bills, (even) food, and so on, and so on. Certain start-ups also qualify for various incentives from local authorities or governments. But do your homework here, and study thoroughly the tax benefits your start-up brings along.

2. Skills Upgrades

The ones you’ll have to learn, you’ll want to learn and those you’ll develop. I mastered quite a few areas that were not in my repertoire when I started my business: SEO, PR, pay-per-click, balancing budgets, working with spreadsheets, etc. It does take time, but it also pays off.

3. Job Security

Well, if you’ve never been laid off or downsized or… lord knows what other term they found for it, you’ll probably think I’m joking, but a big reason is job security. After all, you are your own boss. Go figure.

4. Financial Independence

This one is a bit connected to being your own boss: financial independence. It’s a big reason. Probably the biggest for myself, and for many others. It doesn’t necessarily mean that you’ll be incredibly rich, it’s about being in control and planning ahead, knowing for sure what your boss is thinking.

5. Spare Time

And last, but not least: spare time. I’m crazy about my spare time. I particularly like the fact that I can choose when to take it. It won’t happen overnight, but you can easily master your working hours and… freedom.
So, will/did you take that leap of faith? Feel free to leave your opinion in the comments section.

Catalin is the founder of Inspired Mag and recently launched a new blog called Ecommerce Platforms.
Header image created using designer office desktop

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About the Author
Catalin Zorzini

Ecommerce Platforms is an unbiased review site that shows the good, great, bad, and ugly of online store building software.

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  • Thank you jushua 8 years ago
  • Great post, Catalin! I made the leap a few years ago to work for myself as a freelance graphic designer. One thing I'd like to add for those interested in taking the leap to starting their own business: Consider your current living and working situation. Are you currently working another job? Do you have a family to provide for? Are all or some of your living expenses already covered? Your current situation is the first variable to consider in taking that leap. If you're working another job, it may be a smart decision to use that steady income to help transition your efforts to your new business. Once you feel confident in your new business, then you should consider making that leap to work for yourself full-time. 8 years ago
  • Nicely put, Catalin! My favorite point is #2, sometimes even if you don't want to, you are sort of forced to learn new skills. In the long run it helps so much to build up skills in various fields and apply those to other jobs/businesses. 8 years ago
  • In 2011, I decided to cease being a full time office assistant employee to transform myself into a freelance illustrator. Greatest decision of my entire life. The word transform is crucial. I haven't felt or been the same since. I have illustrated 2 children's books, intend to pursue the genre further, and connected with many potential clients interested in collaborating. I set my own hours, no one tells me what to draw or how, I answer to practically no one during my work day, and I am granted total creative and artistic independence. There are no politics, no meager egos, no subordination, no anxiety, no stress. In other words, no people! Just me and my creativity, intelligence, talent and skills, 8-10 hours a day. 8 years ago
  • I am absolutely in agreement with Catalin! 8 years ago
  • Thanks for this great article! 8 years ago
  • I took the leap 5 months ago and it's been tough but I don't think I could ever go back. You really captured some key elements when making the decision to go on your own. You'll never know, if you never try... 8 years ago
  • Nice quick inspiration. Would love to hear more. 8 years ago
  • This is some good stuff! After being a freelancer for around 8 months I can say I love the lifestyle! Would definitely love to see more posts like this one. 8 years ago