Live The 4 Hour Work Week Lifestyle: Start Your Own Business
Brad Smith • October 27, 2019
It sounds like a dream.
If you start your own business, you can reap the many benefits associated with entrepreneurship, such as being your own boss, making more money, and being more flexible with your time.
As author Tim Ferriss points out, though, the 4-hour work week can be your reality.
Ferriss repopularized the idea of starting your own business with his book, The 4-Hour Workweek. Originally published in 2009, the book spent seven years as a New York Times bestseller. Ferriss says this book is the blueprint to your goals, “whether your dream is escaping the rat race, experiencing high-end world travel, or earning a monthly five-figure income with zero management.”
Let’s take a bit more detailed look at why you might want to start your own business.
Be Your Own Boss
In the United States, only about 30 percent of workers are engaged, according to Jim Clifton at Gallup. Clifton suggests that 7 out of 10 workers hate their job or their boss.
“Employees everywhere don't necessarily hate the company or organization they work for as much as they do their boss,” says Clifton. “Employees -- especially the stars -- join a company and then quit their manager.”
By starting your own company, you get to be your own boss. No manager or boss is breathing down your neck.
You’re steering your own ship.
Work When And How Much You Want To
Research
from multiple sources suggests that working more than 50 hours per week may result in a plateau or even a decline in productivity.
Many workers, according to a recent Institute for Employment Research study, appreciate being able to pick how much and how often they work.
By working for yourself, you have the ability to set your own work schedule.
This means that not only can you work less hours than a traditional job, but you can shift your work schedule to help prioritize family commitments or your own personal well-being.
Earn What You Deserve
When you work for someone else, chances are that you have a limited yearly earning potential. You have a set salary or hourly wage, and that’s it.
Your hustle and your fee for your products and services will determine how much money you make. You’re no longer capped by what someone else says you’re worth.
Of course, you may have a variety of other reasons you’d like to start your own business.
Whatever your reasons, working for yourself is not a dream.
It’s hard work.
But, it’s possible and it’s rewarding.
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