HomeOther NewsWhat Motivates Entrepreneurs?

What Motivates Entrepreneurs?

Published on

588x360-Feature3-1

There are many benefits to becoming an entrepreneur and research indicates small business owners are more satisfied than employees with regard to life conditions, employment opportunities, financial situations, personal safety, health and feeling part of the local community. As an entrepreneur the individual is doing something that they love and are passionate about, and this creates a higher level of job satisfaction. Direct marketing firm Zengo Co says that entrepreneurs often have to work extremely hard and work lengthy hours. But they say that the benefit to this is that they don’t have to be on a strict 9-5 routine and can work around other aspects of their life should they choose to.

About Zengo Co: http://www.zengoandco.com/about-us/

Zengo Co believe that people choose to become entrepreneurs to take advantage of one or more opportunities such as achieving financial independence, working with family or living a chosen lifestyle. But entrepreneurs often face many challenges especially in the first year as a start-up business. Individuals face the challenge of financing their ideas and the risk that their idea will never be a hit or in fact needed by consumers. The ultimate risk for entrepreneurs is, of course, failure. So with all this pressure and inevitable challenges that entrepreneurs face, Zengo Co have looked into what motivates entrepreneurs to keep going when times are tough.

Independence
Entrepreneurs seek and desire independence; they want full control over their working conditions and outcomes.

Financial Independence
Many individuals see business ownership as an opportunity to build greater wealth than can be achieved as an employee.

Family Business
Often entrepreneurs can be motivated by the opportunity to build a family business that can provide employment and wealth-generating opportunities for the owners’ spouse, children and extended family members.

Lifestyle
Entrepreneurs often have a desired lifestyle in mind and believe that self-employment can offer the opportunity to set their own working hours and conditions to accommodate that lifestyle.

Creativity
For others it may be the chance to get creative and do something that they really care about and love. Entrepreneurship offers the opportunity to choose the work they undertake, including when and how to do it.

Zengo Co is an outsourced sales and direct marketing company that specializes in face-to-face marketing techniques. The firm connects with consumers on a one-to-one level in order to create personal and long-lasting relationships between their clients’ brands and consumers. Zengo Co strive to improve their clients’ customer acquisition, brand awareness, brand loyalty and drive quality sales using this direct marketing technique.

To encourage entrepreneurship, Zengo Co runs a Business Development Program for every individual involved in their firm. The program gives each individual the opportunity to progress through the firm from sales rep to leadership and gives them the potential to open their own business. The program aims to teach sales skills, leadership traits, decision making techniques and team building as well as many other skills needed to become a good leader and entrepreneur.

 

Latest articles

10 Best Loans for Students

10 Best Loans for Students Loans for students are a necessary evil. Student debt is at an all-time high with this year's debt reaching 1.75 trillion. While, at the same time, the nation-wide average for unemployment has skyrocketed with 6.3 million experiencing joblessness. Thus, finding promising loans with affordable interest rates is more important than ever. Sofi Fixed APR: 2.49%-7.59% Variable APR: 1.74-7.24% Maximum Loan Amount: 100% cost of attendance With a shockingly low fixed rate of 2.49% -7.59%, Sofi is the number one lender at BlogWallet. [...]

Rappers Myron Rainey and Christian Sanders Shot Dead in Ohio (Video)

https://www.theindustry.biz/wp-content/uploads/2024/11/Screenshot_372.pngOver the weekend, a tragic shooting occurred in Shaker Heights, a wealthier neighborhood in...

Who is Kevin O’Leary?

Discover Kevin O'Leary, the renowned Shark Tank investor and business mogul. Learn about his entrepreneurial journey, success strategies, and impact on the business world.

Ex Radio Jock, Stephon Ferguson, Makes Living Imitating Dr. Martin Luther King around the World

KUDOS to a former radio jock for using his radio leverage to create an amazing opportunity for himself. Stephon Ferguson, 48, discovered his amazing ability to emulate one of the greatest leaders of our time Dr. Martin Luther King by chance in the late 90s. Ferguson was mixing a vinyl recording of Martin Luther King Jr.'s famous "I Have a Dream" speech on Motown records with a beat and he was overheard by a friend who came into the room asking if that was him.โ€ Ferguson told ABC News. [...]

How Skillshare Democratized Learning and Created a Global Community of Creators

Discover how Skillshare revolutionized online learning, empowering millions to explore their creativity and learn new skills in a vibrant global community of creators.

The Birth of Native Instruments: How They Changed the Landscape of Digital Music Production

Native Instruments revolutionized digital music production with innovative software and hardware. Discover how this tech pioneer transformed the industry landscape.

Chicago Budget Passes Amid Migrant Spending Chaos (Vidoe)

In a tumultuous session held at Chicago City Hall, the Chicago City Council narrowly...

Entrepreneur Mistakes: Unimportant Interruptions

Do not allow anyone to throw your day off. Nothing like  unimportant interruptions For some odd reason, many people think that black entrepreneurs do nothing but sit around and twiddle our thumbs and wait for money to come in. I guess this is why we get unimportant interruptions during the day? They are really under the impression that because we do what we love we're not working. And part of that is correct, we're not working. But we're always busy and we never sleep. [...]

10 Tips on How to Improve and Make More Money with Your Business

One of the greatest complaints and challenges in business is almost always money. We...

How to Manage Your Business Calendar Automatically with Tech

Discover smart ways to streamline Business Calendar Management using automation tools and tech solutions. Save time and boost productivity with these essential tips.

More like this

Want to Succeed as a black entrepreneur? Get a Mentor and…

Mentors Key to Small business Owner Success You have a compelling business model ... ambition ... black entrepreneurial spirit. Add in a solid business plan and the necessary capital, and you may be well on your way toward launching a business. But before you take the leap into owning your own business, it's worthwhile to consider adding in another important element -- the guidance of a mentor. According to a recent survey conducted by The UPS Store, 88 percent of black entrepreneurs believe having a mentor has been invaluable. [...]

Get $20K to Buy a Home: New Grant Program Expands in Baltimore (Video)

The opportunity to become a homeowner is now within reach for many renters in...

How Alex Karp Built Palantir into a Secretive Powerhouse in Data Analytics

Discover how Alex Karp transformed Palantir into a leading force in data analytics, revolutionizing big data and AI for government and commercial sectors worldwide.

CoCo Brother returns to the Airwaves After Hiatus, Great Advice for entrepreneurs!!! (podcast)

Download this episode (right click and save) In This Episode of the Radio Facts Radio...

South St. Louis Home Targeted: Gutters Ripped Off by Thieves (Video)

A bizarre crime has left residents in the Holly Hills neighborhood of South St....

Who is Zhang Yiming?

Discover Zhang Yiming, the visionary founder of ByteDance and TikTok. Learn about his journey from software engineer to Chinese tech billionaire and AI innovator.

21-Year-Old Charged with Reckless Homicide in Fatal Crash (Video)

A deadly car crash in mid-May on High School Road in Speedway, Indiana, has...

Formerly homeless 29-year-old Silicon Valley attorney, Ajwang Rading, challenges nearly 29-year incumbent in Californiaโ€™s 18th Congressional District

Palo Alto attorney Ajwang Rading announced his candidacy for Californiaโ€™s 18th Congressional District today. In an email to campaign supporters, community activists, loved ones, and voters, Rading laid out his vision for the district and our country: โ€œWe are living through an era of unprecedented challenges. [...]

The Family Recipe: How Five Guys Grew from a Small Family Business to a Burger Empire

Discover how Five Guys transformed from a family-owned burger joint to a global fast-food phenomenon, serving up fresh, customizable burgers and hand-cut fries.