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Most people will agree that there is a lot of work related pressure that is constantly reducing their quality of life. Work related stresses and strains are increasingly being reported to cause a good number of health issues for people at all levels of employment. This situation is mostly as a result of the highly competitive work environment where expectations and demands are extremely high. The massive workforce in most countries has led to a situation where most employees are quickly and easily replaceable. Job security is the reserve of a very small and elite group who have very high and specialized qualifications. Life for the majority has therefore become a very frustrating challenge.
Many people have come to believe that the way out of this situation is through career progression. Cut throat competition has been the result of this notion and the corporate world is today very similar to a jungle. Only the fittest are able to survive here but they soon find out that even fitness has its limits. Many of them are actually worse off than those they stepped on when working their way up the corporate ladder. It finally dawns on them that the higher you go, the greater the pressure you have to deal with.
A few prudent individuals have however discovered that real freedom lies in self employment. Owning the business has significantly lower pressure and demands as compared to working for the business. Only a self employed individual can afford the luxuries of spending time with family, taking holidays, pursuing hobbies and other such things. They are able to organize their schedule to fit their lifestyle while employees have to organize their lifestyle around their work schedule. Going into business is therefore the true liberation from the pressures of employment as well as a gateway to financial freedom.
The type of business you decide to operate is however an important determinant of whether you will actually find real freedom. This is because there are some business models such as sole traders which will always demand a lot of time and effort from the owners. Those who are looking to have a free and stress free life should consider other forms of business such as companies. Company formation is a big step towards achieving a balanced lifestyle. This is not to say that owning a company is easy, however it allows for greater freedom for those that have other interests in life beyond their work.
Company formation also provides limitless room for growth. As a company director you can steer your business to whatever level of success you wish. This will provide you with the additional satisfaction of realizing your full potential in and out of the office. Majority of the people who are on company formation records as owners are happier with their lives. They also have less stress and strain that is work related. Those who have business skills should consider company formation as an avenue through which they can improve their lives and achieve the work life balance they have always dreamed of.
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