There are many cool reasons why people should get into business. Most people get into business just to secure some

extra income to take care of their many needs. Some even do so just to raise some money and handle a one-time

problem. These are no doubt reasons why they do business like a part time thing. Such businesses hardly amount to

anything big.

But there is more to gain in starting up your own business. Schoolweb present to you the following reasons;

1. To Increase Your Income

This is obviously the main reason why most people get into one form of business or the other. If you set up a

viable business, you are likely to move from a six-digit monthly income to even an eight-digit income in less than

no time.

Business men and women are arguably the richest persons on the globe. They rule this world with the money they

make. From Saudi Arabia to Mexico, Spain to USA, Nigeria to China; from the Bill Gates of Microsoft to the Larry

Ellison of ORACLE to the Ingvar Kamprad of IKEA to the Aliko Dangote of Dangote Group and to the Slim Carlos of

Telecom, etc, it is evident that business men and women rule this world.


These days there are few jobs that can pay a person enough money to take care of the needs of a family. A sure way

to get a comfortable life and earn serious income is to get into your own business. Hardly will you find a very

rich person who is depending fully on a job.

If you are unsatisfied with the income you make every month, you need to seriously consider starting up a

business. You will soon have more than enough money resting in your bank account.

2. To Have An Additional Job

It is very difficult to handle two jobs at the same time. But having a formal job and doing a business is not too

difficult. In fact today, many people do both. They set up a business, employ one or two persons to work for them

and then still carry on with their formal job. Such an opportunity only comes when you set up your own business

where you make the decisions.

As you grow in life, you will soon see that your job is unable to fund the projects of your life. When this

happens, starting up a business of your own is the best option you have.

3. To Be Your Own Boss

Not many people love to be bossed and controlled around. People love to do things out of their discretion.

Sometimes when I see an old man in his 60s and 70s, answering “Sir” and being ordered around by a young man in his

20s – 40s who happens to be his boss, this happens only to people who are solely dependent on their jobs for

survival.

When you set up your own business, you have no one to answer to but you. You can make decisions freely and choose

what to do at every point in time, without anyone asking you questions. You are the boss and everyone respects you

for that.

4. To Get Freedom

Man naturally loves some degree of freedom. Because you don’t have chains on your hands, doesn’t mean you are

free. As long as you have to strive daily to be at work in order to secure an income, you are not free. Even if

you are heading the organization you work for, you are not free as long as you can only earn an income if.....

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