Having your own business – advantages and disadvantages

Many people dream of becoming a famous and rich entrepreneur like Steve Jobs or Bill Gates. Lots of them want to work without a despotic boss, who says them what to do. Unfortunately the reality doesn’t look so beautiful – having own business has not only advantages, but also disadvantages.

The first argument, which can convince people to set up their own business is independence. Being a creator of the company enables us to decide about workers, working hours without being criticized by anyone.

Own business is a great possibility to make a career. If we call the shots wisely the company can be a huge success. As a result the boss becomes famous and extremely rich, his face is on the cover of Forbes magazine.

On the other hand it is connected with a huge responsibility. As a boss you have always think about what is the best for your company. Very often it is connected with staying long at work, even at night, having no time for your wife and children. It is very hard to find a while for a rest, life is full of stress.

In addition having an own company is very risky. Many companies go bankrupt because of some mistakes or market’s changes. An entrepreneur is subject to every crisis, and can never be sure whether he will be successful or not.

In conclusion setting up the company can make us billionaires or bankrupt. Everybody, who wants to become an entrepreneur has to consider, if he wants to live in a constant stress or have a quiet life working for somebody else.