Why Entrepreneurship is a Better Option than Retirement

May 24, 2016 | Entrepreneurship

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What could be better than being your own boss? Having your own business today can make you financially independent and provide a feeling of self-satisfaction. Retiring and spending time leisurely have become the thing of the past as you start looking at retirement as a new opportunity to implement your own ideas and set-up your own business.

There can be no better time to start a new business then just after you left your former employer. You have established a strong work ethic, are accustomed to going to the office, in the mode of working and have a nest egg to draw from. All you have to do is to think like a business owner and move in the direction of that different mind-set.

If you’re considering entrepreneurship past retirement, below are the few points that can help you confirm that decision.

Provides you with Financial Freedom
Entrepreneurship has turned out to be the most prominent way individuals achieve financial independence. Not only in the United States, but people from all over the world believe that starting their own business is one of the faster and easier ways to make money. Approximately, 75% of the wealthier people around the world have their own business and are not employed.
Not all entrepreneurs make millions but many business owners have become remarkably successful. The business grows gradually and there comes a time when you have decent business revenue that not only gives you an impressive life style but also helps in funding your retirement years.

Spreading Ideas in Multiple Directions
Being a business owner you have the world of ideas to pick from. You can create a number of options to enhance your income from a single idea. For example, you are passionate about making chocolate cakes and believe you can make money by selling cakes.
You can go ahead with the idea and start selling it at a decent price of $35 per cake. People gladly pay for your delicious cakes and you start growing a successful business. But you don’t have to stop here, cultivate the habit of deriving ideas from a single idea so that you can take your business in multiple directions and create additional opportunities to earn more profit.
Instead of only baking and selling chocolate cakes you can teach how to bake cakes, sell a recipe book or sell your cakes to a local vendor. The list of business ideas is endless. Thinking in this same way, you can take your business to new levels.

Enjoy Flexibility and Work Convenience
Being the owner of your business you have the authority to set the rules. You can enjoy the flexibility to work in any way you want or at any time you wish. No one is there to question you about your work schedules or when you can take time out to fulfil family commitments.

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  • I can’t go with any other choice...

    When I started my engineering business 4 years ago, I was looking for a space where it’s cost effective and at a prime location. It was a challenge! This is the best I could find, close to my home so the driving was faster, also the reception is exceptionally good. When you walk in the office, the welcoming atmosphere, the options I have here, I can’t go with any other choice.

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    Valluvan AlagirisamyInspar Inc.

  • You have the necessary simple structure which allows you to focus on your day to day job.

    We’ve been doing this for almost 8+ years on a full-time basis, and I’ve been with Officescape for just over 5 years at this point. Pretty much the length of our practice, we’ve been part of a certain shared office center. With Officescape, you get the advantage of amazing office space, professional staff to greet your clients, and not worrying about unnecessary procedures. You have the necessary simple structure, which allows you to focus on your day to day job.

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    Purvish ShahAdian Professional Services

  • It’s very professional and they don’t even know that its not our office!

    We started using Officescape primarily because we needed an address for mailing purposes and for our product. I use them for meeting rooms as well, when I bring my buyers in. It’s very professional and they don’t even know that that is not our Maxell office. It’s important for us to keep our profile image. Having a company in Canada for 16 years, our buyers are coming into our offices all the time, we still needed a space to have that place for our buyers to come visit us and vice versa.

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    Lynn LangMaxell

  • My experience has been very positive!

    I chose Officescape because the staff are really friendly, I found them really helpful and really resourceful. I also find the building to be really clean and really bright, I like some of the architectural design. They always greet my clients very friendly, always offer them coffee, tea, water and always say goodbye to them when they leave. My experience at Officescape has been very positive!

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    Ellen BradleyIntegrative Counselling Services

  • This is the perfect facility...to run your business

    I had the opportunity to use the Officescape location in Markham while working on a consulting project. Dave provides a top notch facility with excellent offices, boardrooms, connectivity, service and yes... great coffee. This is the perfect facility in Markham to run your business, meet your clients, and brand your company. Congratulations Dave on providing a much needed service to the business community.

    Mark FriedbergCognovative Business Services

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