3 Signs It’s Time to Start Your Own Business in 2024

Are you feeling frustrated about your job and hoping for something better in your career?

You know you deserve a healthy / balanced life and you deserve respect and recognition for your work; in fact, people have been telling you this for a long time, but maybe you lack the motivation to start as an entrepreneur and become a freelancer, or even start your own.

If you’re weighing the costs and benefits of being employed and self-employed, here are a few signs to look out for that usually indicate you should take the first step toward quitting your job and starting a career. you. your business:

1. Obsessed with Lack of Creativity and Innovation

Some people, like Dieter Hsiao, an LA-based AI and tech entrepreneur, quit their jobs to start their own business because they feel that the conditions in their company are stifling growth and innovation.

“I decided to start my own consulting firm, DIVISA, a strategic consulting firm, in 2008 during the financial crisis,” Hsiao recalls. “After working for large companies for more than 10 years, I was frustrated by the lack of innovation and vision. DIVISA was officially launched in 2009, and by giving influence to customers, k “The company grew steadily, investing in growth areas such as ecommerce and new technologies. DIVISA now works with major brands and VC-backed startups across the industry,” he continues.

Hsiao was able to fully develop his creative thinking as an entrepreneur, and he hasn’t looked back since.

“The key to our success has been staying ahead of the curve and building strong relationships,” he says. By understanding the challenges and opportunities of ecommerce, we have helped many brands and improved customer experiences. The success of DIVISA has given the freedom to explore new areas and careers. and forward-thinking customers, fueling our continued desire for growth. “

When asked what advice he would give to others who are similarly frustrated with their current careers, Hsiao says:

“Starting from scratch is a challenge, but focusing on your mission and your values ​​can lead to big rewards. For DIVISA, our mission is to use strategy and technology to accelerate business growth in a sustainable way By aligning our work with our purpose, we have “created a company culture focused on innovation.”

If you find that you are always full of ideas, but you are the only one who initiates them, and your ideas are not accepted or at least, considered, but dismissed or dismissed, it is high time that you consider taking your wealth. of wisdom in other areas and use it to expand your empire.

2. Noticing a Need Your Employer Cannot Fill

Working for an employer can provide valuable motivation for any future business ventures, not only because of the financial aspect, but also because your experience there gives you ideas about ways to fill the gap and unique in the market. With your deep knowledge and role in the company, you are in a unique position to understand your market and industry inside out, and use this knowledge to your advantage.

Take Courtney Zalesak for example. The Texas-based entrepreneur decided to start his side hustle, Home Service Amplifier, in 2015 after spending more than 15 years managing HVAC and plumbing companies.

“I realized the need to help other home service business owners measure their performance through digital marketing,” he says. “Home Service Amplifier officially launched in 2016, and has since we work with hundreds of contractors to grow their online presence.

“The flexibility of running my business has allowed me to stay on top of marketing trends and find solutions for each client’s unique needs. Our unique experience in the In-house services give us a competitive edge; we understand pain points and can develop strategies that really drive results.

“By targeting lead generation through social media, PPC, and SEO, our clients have increased sales, improved performance, and brand awareness.”

Zalesak admits that while building his business from scratch wasn’t easy to begin with, the ability to empower fellow entrepreneurs while having the ultimate freedom of inventing himself according to their needs to strengthen his desire and success today.

3. When You Have No Other Choice

Another sign that it’s time to start your own business – even if it starts as a side hustle – is when circumstances show that you have no other choice. It might not be what you really want to hear, but have you ever stopped to think that maybe that’s why still unemployed after all these months, even years, of waiting for a job opportunity and applying hard every chance you get, is it because maybe working for someone is not for you anymore?

Have you ever thought about the fact that life goes through stages, and maybe you are at a stage in your life where employers tell you “no” to your job applications, that you are motivated by their refusal to take knowledge of your in another place. Say “yes” to change?

Sometimes we need to walk around a wall before we realize that we are not where we should be, and that we are forcing and kicking in the door of opportunity, when in reality, there is a door already open somewhere else. .

So if you’re finding your creativity and problem-solving efforts stifled at work, realize there’s a gap in the market that you’re uniquely positioned to fill, or you’re backed up to the wall with rejection emails overwhelming your inbox. yours every day – maybe, just maybe, it could be your sign to start your own business or become a freelancer.

It certainly won’t be easy, but at least you’ll have peace of mind knowing that you’re following your passion and fulfilling your dreams – unhindered.