Dwight Hayter Discusses How the Entrepreneur Lifestyle Differs from A 9–5 Job
You want to quit your job and become an entrepreneur. You think the grass is greener on the other side, but this time you’re going to make it work, no matter what. Dwight Hayter, an entrepreneur from Watrous, Saskatchewan, believes that’s a great choice to make. However, before you can start conquering your dreams, there are a few things you need to be aware of first:
It’s not as easy as it sounds. This transition from a 9–5 job worker to a full-time entrepreneur isn’t as easy as simply quitting one day and starting something from scratch the next. Many factors come into play when deciding whether someone should leave their 9–5 job for good.
Transitioning Into Being an Entrepreneur
If you’re thinking about quitting your day job to become an entrepreneur, there are a few things you need to consider first. As an employee, you have the security of a steady paycheck and benefits. As an entrepreneur, none of these things exist. Dwight Hayter understands that it’s not easy to transition to being a full-time business owner; it takes hard work and dedication (not to mention good luck). If you’re not ready for this kind of commitment, then quitting your day job isn’t necessarily the best choice for you right now.
Many entrepreneurs fall into the trap of believing they can take their newly founded businesses full-time after only a few months or even weeks of being active in their field. This strategy rarely works out well. It would be best to be realistic about how long it takes to build a successful business before quitting your full-time job.
Are you Prepared To Be an Entrepreneur?
The choice of whether to be an entrepreneur or not can have a huge impact on your mental health, so it’s important to think about the decision carefully.
While being an entrepreneur might seem glamorous and exciting at first, you’ll soon find that there is no one else but yourself whom you can depend on when times get tough. This means that if things don’t go as planned, nobody will provide emotional support for you if needed. To succeed as an entrepreneur, you need a positive attitude and the willingness to take risks without hesitating too much in fear of failure. If this sounds like something that would suit your personality, you should plan how best to make this transition. Dwight
Hayter feels that there are a few questions you should ask yourself before leaping.
- What is your desire to become an entrepreneur? Why do you want to step out of the box and move away from the traditional nine-to-five job?
- What are your reasons for wanting to begin a business?
- What is your main objective for making the change from employee to entrepreneur? Is it more about wanting absolute control or about being able to work with great autonomy?
- How do you intend on making this transition? Do you have a solid plan in place that has been laid out for easy execution?
Decide what type of business is prepared to undertake. Ask yourself, “In what area am I passionate about becoming an entrepreneur?” You might view yourself as having talents in multiple areas and feel inclined to take them all on at once. However, we recommend focusing on one field only so that you can focus all your time and energy on perfecting it.
Employee Vs. Entrepreneur
You may be an employee now, but you don’t have to stay that way. When you become an entrepreneur, your work will look different, and so will your pay! Dwight Hayter understands the many benefits of being an entrepreneur. You’ll get to choose when and where you want to work. You can also come up with business ideas, projects, and clientele on the fly! If this sounds like something for you, keep reading below to learn more about how it all works!
The self-employed lifestyle has its benefits. You’re free from contracts with employers who define terms such as pay, benefits payments, project schedules, etc.; you can negotiate styles or manage projects any way you see fit, and there’s no 9–5 schedule. Being self-employed means bringing onboard your clients and working with them as often as you want; there is no ceiling to how much money you can earn.
But the self-employed life also has its disadvantages: for example, it might be more difficult to get loans or mortgages because banks don’t like risks; and of course, there is the risk of going out of business if a client goes bankrupt. On top of this, being an entrepreneur means always coming up with new, innovative ideas.
No Days Off
Entrepreneurs do not have a regular work schedule. They can work at different times throughout the day, often working long hours. There are no set days off for an entrepreneur to take off. This type of work environment is not ideal for everyone. Working as an entrepreneur means having a lot of flexibility and choosing what kind of hours you want to work and when you want to work them because your schedule will not be made up of set days off like a traditional 9–5 job would have.
Entrepreneurs must also be willing to put in extensive amounts of time and effort into their business ventures, including investing large sums of their own money before seeing a return on that investment.
Final Thoughts
If you consider becoming an entrepreneur, it is important to think about your reasons for wanting to make the change. If you want more control or autonomy in your life, then self-employed may be a good fit. However, if money and stability matter most, then entrepreneurship might not be right for you. There are also many disadvantages of being an entrepreneur that must be considered before leaping into this work lifestyle.