With so many young people unemployed in Botswana, it will be wise for us to start employing ourselves and other young people. There are so many opportunities and support for the youth with funding agencies like, CEDA and the Botswana Youth Fund. Instead of us waiting on the labor office, consider the following reasons of the importance of doing it for yourself.
You make all decisions and create all business systems. When you start a brand-new business, you have total operational freedom, which is especially important if you’re an innovative thinker with a lot of creative ideas.
2. Site Selection
You choose where to locate your business and what marketing procedures to follow. With a brand-new business, you have the luxury of scouting numerous locations until you find the one that is perfect for your business.
3. Implementing Unique Idea
When you start your own business, you can put your own unique business idea into effect without being restricted by franchise rules or the preconceived notions of previous customers of a business. For example, if you have an idea for a more effective way to wash cars, you can position yourself as the car wash innovator in your business area, differentiating yourself from your competition.
4. Being Your Own Boss
When you start a business and are self-employed, you are your own boss and ultimately control your own destiny.
5. Flexible Hour
Owning your own business is hard work and often requires long, odd hours. In some cases, having your own business may allow you to have more flexible hours. Many stay-at-home parents, for example, choose to become entrepreneurs.
Not everyone defines reward the same way. For some it might be seeing a new venture grow and succeed. For others it may be conquering the unknown and striking out on their own. However you define reward, starting a new company might hold that promise for you.
7 .You Choose The People You Work With
When you work for someone else, you rarely get to choose whom you work with. If you don’t like your co-workers you’d better start sending our resumes. That’s not the case when you own your own business, since you get to make the decisions about who to work with.
8. You Can Get Things Done, Faster
Entrepreneurs as a whole seem to have an allergy to red tape. Rather than wait for approval, or for the guidebook to be written about how to do something, small business owners salivate at the chance to get things done.
9. You Connect With Clients
There are few things that get entrepreneurs as excited as when they get to interact with their customers. Rather than hiding behind a series of automated greetings, small business owners thrive on dealing one-on-one with their best clients.
10. You Can Challenge Your own Self
Some people thrive on the routine of their job – performing the same tasks day after day. As an entrepreneur, you can bet that each day will be filled with new opportunities to challenge yourself, be creative and learn something new.