Business -- 9 months ago
Starting a business is always a daunting prospect and if you think that the likes of Bill Gates and Mark Zuckerberg weren’t initially intimidated by the idea – you’re dead wrong. There are multiple reasons why starting a business right now is a good idea and here are five of the best.
THE RECESSION IS OVER
Officially, yes – unofficially no – but it really does look as though we’re over the worst of it. This means that we’re unlikely to take another plummet towards oblivion anytime soon and therefore it should be pretty safe to think about leaving the security of your multinational nine to five. Interest rates are also mercifully low meaning if you have to borrow, you won’t be stung when it comes to paying it back.
START-UP COSTS ARE MINIMAL
It costs barely anything to start your own company these days – office space isn’t a necessity and employees can be taken on as part-timers or freelancers. The success of most start-ups is dependent upon the online footprint of the company – meaning initial focus on the website, which will cost you very little, is essential.
IT’S EASY TO FIND TALENT
A recession makes competition for jobs more fierce than ever meaning that a multitude of young graduates are leaving university unable to find work. Although many of the brightest will be snapped up by large corporations, there are many extremely talented graduates who are out there and if you have a good eye, you can snap the best of them up.
YOU AREN’T LIMITED BY BORDERS
These days all companies are international and you’re just a click away from exploring the world’s best offerings. By starting a business now you are automatically open to the prospects of doing business with people from all over the world, not just those within your region or country. You have access to six billion potential customers – no business started a quarter of a century ago had access to more 200 million!
YOU ARE FOLLOWING YOUR PASSION
Few people that start their own business are going to be pursuing anything that they don’t feel passionate about. If you feel so strongly that you want to leave your job and start a business, then the chances are that you’re extremely passionate about the concept. Not only will you enjoy following your passion – but you’ll also work harder to ensure that your dreams come to fruition.
Become a Gentleman’s Journal Member?
Like the Gentleman’s Journal? Why not join the Clubhouse, a special kind of private club where members receive offers and experiences from hand-picked, premium brands. You will also receive invites to exclusive events, the quarterly print magazine delivered directly to your door and your own membership card.
