Blog // Toronto Coworking

5 Reasons to Become an Entrepreneur

Project Spaces

The decision to pursue a non-traditional career path and become an entrepreneur is not one that comes easily to most people. Not only are you warned of the pitfalls of starting a company, but you also have to endure the taxing first few years that it takes to get your business off the ground. With that said, the payoff of putting in the work early on allows entrepreneurs to live the rest of their life in a way that most people can only dream of.

Curious about the main reasons individuals choose this unique path? Keep reading to find out.

Job Security

During this unprecedented time, many workers have been laid off and recent grads have struggled to secure a job. If you’ve experienced this, you’re familiar with the uncertainty of not knowing where your next paycheque will come from. As an entrepreneur, you get to be your own boss and run the show. 

Flexible Hours

More and more workers have come to the realization that a traditional 9 to 5 doesn’t suit their lifestyle. While entrepreneurs do have to work long hours, this lifestyle affords them a lot more flexibility than the two weeks of vacation time that corporate life allows for.  

Creating Jobs

Owning a successful business doesn’t just create a sense of job security for you, but you also get the opportunity to employ and mentor others. This aspect of being an entrepreneur can be very fulfilling, especially during times like these. Knowing that your ideas are helping others get by and providing them with an opportunity to pursue a career they otherwise wouldn’t have been able to is an incredible accomplishment.

Financial Independence

Financial independence is one of the main reasons people decide to become an entrepreneur. The freedom the comes with the ability to pay for all your living expenses without relying on anyone else can be life-changing. While we all know that money doesn’t buy happiness, it does help!

Building a Legacy

Building something from the ground up is immensely satisfying. You get to show people what you’re truly capable of and pass your career on to the next generation. As an entrepreneur, you’ll get the opportunity to leave your mark on the world.

Becoming an entrepreneur isn’t easy, but the payoff of being one makes the journey well worth it. We’ve seen our fair share of entrepreneurs bring their vision to fruition at Project Spaces, and we’re always happy to house unconventional ideas at our coworking spaces in downtown Toronto. Book a trial and give our coworking spaces a test drive today!

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What is Project Spaces?

Founder-friendly coworking in downtown Toronto for entrepreneurs and digital nomads. EST 2011. We create awesome spaces, fill them with passionate people, and watch the magic happen. Learn more

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