Giving Back by Encouraging Entrepreneurship

by Jill Foster on November 16, 2009


I’m an entrepreneur evangelist.
I talk to my family about how they can get out of the rat race and grow their own businesses. I point out tax deductions to my friends as we go shopping. I’ve even spent an afternoon chatting to my neighbor about how she could turn her current career into a business for herself when all I had meant to do was take the trash out. I think just about everyone has an entrepreneurial venture in them somewhere.

But why do I think that?
Why do I think that everyone should risk everything and start a business that might fail? After all, right now is a time that, economically speaking, people are grateful to have jobs — jumping into the deep end sounds like a bad idea.

I don’t actually think that everyone should just jump into entrepreneurship, no matter how many people I suggest the idea to. But there are plenty of ways to start small with a side business — like after working hours, freelancing, and so on can help people build a business without ever having to mention to the boss that they’re doing anything outside of work. Not everyone is ready to take the leap right away, and some may never be happy moving away from what they’re doing now.

But having even a small side business offers incredible financial benefits: from offering a cushion if anything goes wrong with the day job, to the ability to deduct more expenses on your taxes.

In my opinion, entrepreneurship also offers emotional benefits. There’s a certain independence that goes along with running your own venture.

Even a blogger who’s only bringing in enough to cover their morning coffee has a very different sense of her abilities than someone devoted to her employer’s needs.

It isn’t pure altruism
All of that adds up to the fact that I make a point of suggesting to those around me to start their own businesses, no matter how small that business might be. It isn’t pure altruism, although I enjoy helping for the sake of helping. More than a few of those new entrepreneurs have wound up either becoming my clients or my vendors. From providing consulting to family members, to outsourcing to my neighbor, to creating a new joint venture with a friend, these new entrepreneurs are people that I know, and I’m happy to work with.


Guest post by Thursday Bram. Thursday offers content marketing through Hyper Modern Consulting, as well as more traditional writing services. She blogs about the shift between freelancing and business through her personal blog Thursday Bram and can be reached at www.twitter.com/thursdayb.

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Image “Soapbox” by Cezary Borysiuk, Creative Commons.

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