If you’ve graduated recently or got your aat qualification, chances are you’ve been actively searching for an entry level position. Sure, job outlook may be a bit murky, but you’re confident in your skills, sure of your resume, and optimistic about your job search. However, you may want to reconsider your career path. Become an entrepreneur. It may be the route you should be preparing for after moving your tassel to the left, and tossing your cap in the air. You may be thinking this isn’t the norm, but you’ll find that more and more graduates are becoming their own bosses instead of joining the rat race, and here’s why:
- Your degree is still fresh: Yes, a lot of entry level job positions require that you have at least a Bachelor degree, but even jobs lower on the totem pole require you have hands on experience. “When did I have time to get real world experience if I’ve been in college?” Exactly. Chances are you’ll still be under qualified in the eyes of many employers, and the more they have to train you, the more money they have to spend, and they see that as time wasted.
- You have the youth: A lot of people wait until they’re retired to start their own business, and realize they don’t have the energy they once had. You do! When you’re young, you have the drive, the ambition, and the network contacts if you’re fresh out of college to have a successful small business. You’ve seen young entrepreneurs succeed like Mark Zuckerberg and David Karp. You may have the next big thing, since you’re the same age as a huge target demographic: 18-24 year olds!
- You don’t have to escape the rat race: Let’s face it; once you get a traditional 9 to 5, it’s pretty hard to break out of it. Struggling to move up the corporate ladder, probably being overworked and underpaid, and never having time to work on your potential business are all road blocks you’re going to run into when you get a “real job”. If you choose to become an entrepreneur right away, you won’t have those obstacles to jump over.
- You probably don’t have a family to provide for: Many people don’t live out their dreams of becoming an entrepreneur because they’re worried about providing for their family. People with bills, spouses and children are pressured to find a steady income, and feel like becoming an entrepreneur is silly and financially dangerous. If you’re not tied down, you’re in a great position to start your own business without worrying how to feed someone other than yourself.
- Job security is almost non-existent: While there are some recession proof jobs out there, they’re a lot harder to find than they used to be. Finding someone who’s been with their company for more than 15 years is almost unheard of now, thanks to the sagging economy, frequent layoffs and low profits. Provide your own job security with your own business, and never have to ask for a pay raise again.
- Live the life you want to live: Truthfully, would you rather work for someone else or have someone working for you? Wouldn’t you love to take vacations when you want to without worrying about being denied? Don’t you want control of your off days, how many sick days you get, and your hours of operation? You can’t really do that with an entry level position at someone else’s company. When you’re an entrepreneur, you get to choose how you run and operate. If you haven’t already, you should read Tim Ferris’ 4 Hour Workweek and see how nice it is to run a business and travel the world. 4 hours sounds a lot better than 40, doesn’t it?