What Are the Reasons of Setting Up Your Own Company?

What are the reasons for setting up your own business and why are some entrepreneurs more successful than others?

Have you ever wondered how it would be to run your own business? I am sure you have, because that is one of the most common dream that comes to peoples’ mind at some stage of their life or career path. Unfortunately, in most cases the idea gradually vanishes because of the lack of good plan, changing words into deeds and simply courage. Why do people set up their own business? And what does influence the success in this desirable job? In this article I will try to look closer at the issues connected to running a business.

There may be many reasons because of which people set their own business. First that comes to my mind is obviously money. If you know someone running his own company, he is probably doing well in his life. People who manage to think of a good idea of a business and make it come true, have a machine to make money. When you already have this machine, the only thing you need to do is to use it properly. The profit your company makes is your ownership and you are the one who decides how to divide it between your subordinates if you have any. They say “money does not give happiness” but lack of it is much worse. Setting own company somehow gives an opportunity to have a lot of it.

The second reason I can think of is independency. Having own business is usually associated with being free in what you do for a living - no fear because of being late for work and no “tough” obligations drawn by your boss to meet. Well, it does not look like this in real life at all, but the fact is that the only boss you have is…you. People like to have power and control over as many aspects of their life as possible and a job is one of the most important. Independency in a matter of a career means you have been successful in your life.

And the last, but not least, is personal fulfillment. Having a business is a kind of your own achievement. It shows how...