Reasons Why Your New Year’s Goal Should Be Starting a Business

A new year is around the corner, which means goals, resolutions, and following-your-dreams conversations are going to be the only things people talk about in the office and on social media. Embrace this reflection period by getting serious about your own New Year’s resolutions/goals (attach whatever word you would like, but just know resolutions get a bad rep).

What do you want to achieve in the New Year? A lot of magic surrounds the end of the year, and we want you to think big. In fact, we encourage you to start your own business in the new year.

Whether you want to open your own liquor store Lawrenceville, NJ, or start your online writing business, here are five reasons why you should start a company in the new year.

A business will help you achieve your other goals

Businesses can help you because you’ll be able to…

Work on projects you want to work on. If your passion is to write for a SeQuential biodiesel website or be a ghostwriter for fitness gurus, then you can do that with your own writing business.

  • Increase your income. When you own your own business, there’s no limit on how much money you can make. You can also give yourself raises and promotions. All it will take is landing a new client and your income will increase—you don’t have to wait six months or until the end of the year to receive your bonus, you can increase your revenue any day of the week.
  • Get to be your own boss and answer to no one.
  • Get to work whenever you want and wherever you want. If you’re a night owl, then you can do all of your work at night, or vice versa if you thrive in the mornings.

Unlike many other resolutions/goals, this is something you can control

When you work for someone else, you’re not in full control of the common resolution/goal to “make more money.” The only thing you can do is work hard and try to impress your bosses. As the owner of your own company, an increase in pay is something you 100 percent control.

When you own your business, you’re in charge of all of your goals. Even if your goal isn’t money-related, you have more time to make it happen—because you’re in control of your time. For example, if you have a fitness goal, then it will, in theory, be easier to achieve because you can schedule your workouts at any time of the day as opposed to having to fit them into a 9-to-5 office job schedule.

The longer you wait, the longer you push it off

While we encourage goal-makers to do their research before starting their own business, the longer you wait to start it, the longer you push it off. There’s no need for science or data for that statement—it’s just true.

You shouldn’t wait any longer to follow your dreams. Everyone deserves to be happy, and if starting a business will help you achieve that goal, then take the leap in the New Year.

As they say, a year from now, you will wish you had started today.

Low overhead and startup costs

OK, costs depend on what type of business you decide to open. After all, if you want to open a food truck business, then the overhead and startup costs can be pricey.

However, if you want to start an online business to become a writer, digital marketer, or social media expert, then you should be able to with minimal startup and overhead costs. If you do decide to start a business that won’t break the bank, then you should be able to start sooner because you won’t have to save money or raise capital. Realistically, you can become a writer today.

Starting a business is a big step, but plenty of resources are out there, from books, to articles, to conferences. You can read about people who started the business you dream of starting right on your phone. The information is out there. Now, it’s time to take action and make your New Year’s resolution/goal of starting a business come true.

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