This year on the 4th of July, let’s celebrate the spirit of independence that comes from starting a business. Entrepreneurship is at the heart of the American dream – we’re one of the most entrepreneurial countries in the world. Just as our nation was founded on the idea of personal liberty and autonomy, you can make those ideals a reality for your and your family by starting a business.
Here are a few reasons why the 4th of July should be an occasion to celebrate the independence that comes from entrepreneurship:
Starting a business helps you control your own destiny: The American colonists decided to revolt against British rule and found a new country because they wanted to shape their own destiny, with a new idea of civil rights and freedoms not available to them under the old way of life. In the same way, starting a business gives you a radical new level of freedom in your everyday life. Instead of having to report to a job and be restricted to a desk, a boss, a corporate org chart, as an entrepreneur you are the master of your own destiny. This can be scary as well as exciting, but from my experience and the experience of most entrepreneurs I know, the positives far outweigh the challenges.
- Being an entrepreneur is about love: When you start a business, you have a chance to structure your life around doing what you love most. Entrepreneurs are fueled by passion. My husband Phil and I founded our first business as a labor of love, and we’ve worked together as a married couple and as business partners ever since. No matter how much you “love” your job, chances are you’ll love running your own business even more. Just as the American Revolution and Declaration of Independence that we celebrate on July 4th were about higher ideals, starting a business is often an exercise in idealism. When you decide to start a business, you’re not just doing it for the paycheck, you’re doing it because you see a greater purpose in your work, you want to create something great, and you want to bring something into the world that wouldn’t exist without your indispensable animating spark of leadership.
- Running a business is about egalitarian teamwork: One of the underlying reasons that contributed to the American Revolution is that the American colonists grew culturally distant from Britain – Britain was a monarchy, with a rigid class system, where your prospects in life strongly depended on who your parents and grandparents were. America was more of an open society, where people could succeed starting from nothing. In the same way, entrepreneurship today in America gives people a chance to create their own vision of success, apart from any question of “which school did you go to” or “where is your family from” or “what is your job title?” Entrepreneurship is refreshingly honest and unpretentious – no stuffy corporate job titles, no glass ceilings for working moms, no limitations based on your place in the corporate hierarchy. The founders of America were scrappy, savvy leaders who weren’t afraid to defy the odds and take a stand against the established way of doing things. In the same way, entrepreneurship can be your own personal “revolution” in creating the kind of life you want for you, your team and your family.
Ready to start a business and declare your independence as an entrepreneur? Talk to CorpNet for a free business consultation on how to incorporate a business. CorpNet’s free tools, advice and guidance can help you choose a business structure, form an LLC, set up an S-Corporation or other corporate entity to protect your assets and attain the corporate tax benefits and financial advantages of doing business as a corporation.