4 Reasons to Be Thankful as a Business Owner
By Andrew Patricio
October 14, 2015
Small Business & Entrepreneurship
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By the small business content developers at BizLaunch.com.
Even though Thanksgiving is over, business owners should continue in the vein of gratefulness. There’s a lot to appreciate as a business owner, including these four things.
In the spirit of a Favor Bank (doing something kind without expecting anything in return), we’ll include ways for you to give back with each reason.
- You Get to Do What You Love
Who didn’t dream of doing something they loved as a kid? Maybe you loved animals and dreamed of becoming a vet. Or you wanted to go to outer space because you loved astronomy. As an adult — and as an entrepreneur — your dreams have come true. Now you wake up every day and are happy to go to work. It’s a far cry from the way you felt heading to an office before you set off on your own path.
How to Give Back: Offer your services as a small business mentor. You may not feel like you’re an expert, but you’re further along than someone just setting out down this path. Your experience can help them succeed.
- You Can Surround Yourself With Intelligent People
When you’re the boss, you can hire the most talented people around. Smart entrepreneurs surround themselves with people who are smarter than them so they can take on the areas of the business that they’re less adept at. It’s up to you to build a team that will make your business a success.
How to Give Back: Your team does everything it can to grow your business, so make sure you’re giving something in return. Be generous with the compliments and praise. Your staff wants to know that you see and acknowledge all their hard work.
- The Sky’s the Limit When It Comes to Growth
If you want to keep your business small as a lifestyle business (think: selling homemade jewelry on Etsy and working 10 hours a week), you can. If you want to expand into other locations and have dozens of people working for you, you can. You’re not capped at how much you can make the way you are with a salary as an employee, and you can grow your business as much as you’re willing to put the effort in.
How to Give Back: Consider donating to a charity that’s close to your heart. Not only is it goodwill to give back, but it’s also usually tax-deductible!
- You Get to Be Creative
If you’ve got an idea, you can execute on it. After all, this is your business. You don’t have to take your innovations to a boss who will shoot your ideas down. As long as you have the resources, you can use your creativity to grow your business in any direction you want it to go.
How to Give Back: Remember that yours isn’t the only creative mind in your business. Be open to your employees’ ideas, and find ways to implement them.