Do you know that entrepreneurship is a great responsibility?
Think about this for a moment…
It’s more than just creating a product or marketing your business – it’s about creating something valuable and doing it with a purpose.
But can it really make one happy?
There are some successful entrepreneurs who have had the biggest challenges in their personal lives.
And it may seem like it’s difficult to strike a balance between one’s personal life and being an entrepreneur.
It seems so hard to achieve and that it can be lonely, but is it really lonely to be an entrepreneur?
Here are some facts we learned about entrepreneurs and you will likely be more encouraged to be an entrepreneur with what you will find out.
Most entrepreneurs are happy
Yes, it’s true!
According to the 2017 American Express OPEN Small Business Monitor, most business owners are actually happy.
In fact, 81% of them said that they are happy because they are entrepreneurs.
Moreover, 94% of them are actually happy with their lives.
Entrepreneurs are more optimistic and less worried
Entrepreneurs are optimistic about their future.
They feel more secure of what’s to come and fewer entrepreneurs are worried about their ability to save.
The survey revealed that these entrepreneurs pay themselves. A salary of about $75,000 on average which is also relatively higher than the average employees salary.
Entrepreneurs look forward to the future
No doubt about it…
Entrepreneurs look forward to the future with big plans ahead of them.
According to the data, entrepreneurs plan to grow and expand their businesses.
By increasing capital investments, hiring more staff and utilizing social media for marketing their business.
Entrepreneurs are generally happier than employees
While having a tenured job gives stability, being an entrepreneur, on the other hand, gives happiness.
A research surveyed and found out that entrepreneurs actually reported a higher mental well-being.
In addition to that, a survey conducted by Wharton also revealed that aside from money being a factor that contributes to happiness, entrepreneurship was the biggest predictor of happiness.
Entrepreneurs are healthier.
Think I’m exaggerating?
Let me explain…
Not only are entrepreneurs happy, but they are also healthy.
In fact, they are healthier.
A study revealed that in a community where the number of business is largely higher than the average,
The population of that community had a lower mortality rate and a lower rate for other diseases.
Although this is just one study, it is reported that entrepreneurs report a generally higher satisfaction in life, have lower incidence of physical and mental disorders and visit the hospital less often.
Not yet an entrepreneur? Think like one to be happy.
Does it mean that happiness is impossible to achieve if you are not an entrepreneur?
While entrepreneurs are reported to be happy, non-entrepreneurs can also be as happy as entrepreneurs are.
Think like an entrepreneur and work hard to achieve what you really want.
When you do achieve them, you will have a sense of confidence and control that entrepreneurs also feel.
It is all in the mindset that determines one’s happiness. A mindset that most entrepreneurs adapt and live by.
I want to be happy. I realized that being happy isn’t necessarily about getting there; it’s how you get there. It almost sounds like a cliché, but every entrepreneur I’ve talked to–every good entrepreneur–really enjoys the “how you get here.” –Ben Huh