Although becoming an entrepreneur is not for everyone, it is the most necessary element of any economy, whether it is a recession or things are really prosperous. You just can’t have enough visionaries who were bold enough to take the risk of acting on their own because they wanted more control of their lives and were committed to creating value for the rest of the world. I have 4 reasons why I believe small business owners are the backbone of the economy.
First of all, they are constantly creating jobs for those who want one. When you’re the boss, you not only care about the well-being of your family, but also about the well-being of your employees, which is very, very rewarding, to say the least. Especially with the state of the economy right now, it is needed now more than ever.
Second, the value that is created for the end user by using your products or services is beyond comprehension. If he eliminated all the entrepreneurs in his city, the city would collapse overnight. So instead of giving them a hard time, we should appreciate what they’re doing from time to time. Yes, they earn a living, but attached to that income is a mountain of responsibility that the public doesn’t see.
Third, these local superheroes are creating products and services that have made what used to be a headache more convenient, easier to use, and much better. For those who hate mowing their lawns, washing their cars, don’t know how to cook (or don’t like it), or in some cases are just plain lazy, there’s a business in your town that will happily do it for you (for a fee, for course) or a product that makes it easier to do.
Fourth, they are actually doing what free enterprise was designed to do in the first place. They decided they wanted more out of life, created a vision, and proceeded to pursue the American Dream. Despite the difficulties that sometimes come with being the boss, it is nonetheless rewarding. Also, unlike a job, a business can be passed down from generation to generation.
My hope is that someone who is already an entrepreneur or aspiring entrepreneur recognizes that they are making a difference in the lives of countless people locally and globally and that they deserve a round of applause. If possible, print this out and keep it as a constant reminder of your value to this world.
