Register now or log in to join your professional community.
You have to carefully review the feasibility study and business plan of the venture,if the business success you will have enough money and great freedom otherwise you will never sleep and even if you slept you will suddenly wake up with dangerous dreams and then you will never sleep again, finally you will get a sleepless nights when you will get Millions of loses in your business.
The ones you ask I would choose money.
Considering that in any business we need to control and have a wide management capacity, it won´t be the freedom that you´ll consider have more if it´s your own. You´ll be/7 thinking and dedicate your time for it.
The goals of entrepreneurs are varied and individualized but can include the achievement of independence, financial success, or social change.
Not a single entrepreneur you will find who that didn’t sacrifice something when they were first starting out. Most often people give up a better paying job, health insurance, and retirement benefits but it usually goes much deeper than that.
Entrepreneurs often don’t have the freedom to “leave work at work”. I know many that are “always on” (myself included). They need to consciously force themselves to stop thinking about the work that they do because they enjoy it so much.
When you are trying to make ends meet as an entrepreneur it is also hard to give yourself time off because if YOU aren’t working than YOU aren’t getting paid or moving any closer to where you want to be.
Many others give up time with their family (the very reason a lot people think “working from home” is so great) or delay having kids entirely. And lastly, most entrepreneurs actually downgrade their lifestyle to work for themselves, not the other way around. They live with roommates or parents, eat ramen for dinner, or move to the cheapest countries in the world just so they can do work that matters.
Different people start with different motives.
For some it's money, some want to help bring social awareness, and some are hoping to strike the right balance between their family and professional lives.
If I had to choose it would be freedom. The whole point of taking risk is to make a bigger return but, there are many platform for that. If you want to start a business you probably do it for freedom.
Money ofcourse. Setting up a successful business is demanding and wouldn't earn you freedom. Love of money would earn you freedom in the long run.
The cycle would go something like this
Freedom->Money->Struggle->Money->Freedom->Expansion (Money)->Boredom or limelight.
It's about success,
the variation between people may let them choose the money or freedom, however at the end of the day Money and Freedom complete each other like any other reasons for the successful Entrepreneur.
