The main motivation that leads to entrepreneurship it generally has nothing to do with money. Money is seen as an additional benefit linked to entrepreneurship, since the real motivation that leads to it is related to autonomy, independence, teamwork and experience.
Most entrepreneurs choose to build companies from scratch and sacrifice their time, running the risk that these companies will not be successful. They do this motivated by the satisfaction and rewards that can be obtained from this sacrifice (Wilson, 2011).
The reward is different for every entrepreneur. There are those who start their own company because they prefer to manage their time, outside of busy office hours..
On the other hand, there are individuals who enjoy having absolute control over the decisions that are made every day at work, and there are others who believe in the social potential of an enterprise..
In general, being an entrepreneur represents taking risks in the financial aspect. However, when a startup is successful, the payoff that comes with it exceeds the limits of money. This idea is the one that mainly motivates people to orient themselves towards entrepreneurship. (Alton, 2015)
Some entrepreneurs who venture to start their own company are because they are tired of the demands characteristic of traditional work. In positions of high responsibility, the demands are exceptional. In this way, people must work longer hours at the service of bosses and clients..
When you choose entrepreneurship, you have the possibility of not having bosses. You yourself become your own boss. In this way, many of these demands disappear, the schedule becomes more flexible, the work is done based on objectives and results, and the workload decreases, in many ways..
However, at the beginning any undertaking is highly demanding. So, it is common to see entrepreneurs working long hours under a lot of stress..
In fact, a large number of entrepreneurs must work harder than most employees within the same industry (Pozin, 2013).
The desire to be in control is one of the greatest motivators for aspiring entrepreneurs for leadership positions. When you take the position of boss, you have the possibility to decide who is going to be part of the company, how much money is going to earn and what kind of responsibilities are going to have.
Many entrepreneurs are individuals who have tired of working for large companies and have opted for a career where they themselves are at the forefront of decision-making. However, this position of control brings with it a high degree of stress and responsibility..
There is always the possibility of success or failure. However, when taking the leadership position as an entrepreneur, the responsibility for both success and failure rests with the leader..
Although it is not the main motivation that leads to entrepreneurship, it is a benefit that many startups can obtain over time.
There are stories from successful entrepreneurs like Richard Branson and Mark Zuckerberg that show that any enthusiastic citizen with a good idea can become a millionaire..
However, contrary to this popular belief, making money as an entrepreneur requires a good idea, a well-structured business plan, and the time available to get the company up and running..
Usually, the money does not arrive when it is sought directly, but it appears as a consequence of the growth of the organization.
Some people love working with other people and like the atmosphere based on teamwork to solve problems. Interaction between individuals is based on mutual respect and it is possible to meet intelligent people willing to collaborate in the company of more individuals.
There are companies that offer their employees the possibility of working together with other people. However, this alternative is truly tangible when a startup is started and leaders have the opportunity to build their own team from scratch..
One of the motivations for being an entrepreneur is being able to strategically choose the colleagues with whom you want to share a team. Entrepreneurs are usually mentors, and their role is fundamental within the team structure..
For this reason, they have a fundamental responsibility to choose the kind of skills, talents and personalities they want for their company. (Macmillan, 2010)
Some entrepreneurs are not motivated by money or experience as much as they are by the idea of leaving a legacy. They may want to become the face of a brand and gain a bit of fame along the way. They may also want to leave this legacy to a loved one, passing their company on to future generations..
Motivation in this aspect is linked to the creation of something that has meaning and can last over time..
This motivation is one of the strongest for entrepreneurs, since it cannot be achieved in any other way and works independently of money or the experience of being an entrepreneur. (Sauser, 2015)
Many entrepreneurs agree that one of the greatest motivations that lead to entrepreneurship is related to the opportunity to make work really what you want.
That is, as part of a company, you are part of a team, but you have to follow some guidelines related to the policies that are already established within this company..
As an entrepreneur, you can decide what policies you want to implement and in this way you decide how the work should be and what tasks should be carried out. (McMillan, 2011)
Some entrepreneurs simply want to avoid the daily sacrifice that comes with building a career and go down a self-sustaining path..
In this way, they are always looking for a way to make their entrepreneurship successful, because they fear having to return to tedious office work..
The autonomy of being what you want, when you want it and how you want it is one of the main motivators for those who decide to become entrepreneurs.
It is described as the ability to be in charge of your own destiny, having the ability to establish your own life as you prefer. (Baht & McCline, 2005)
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