Three Reasons Employees Are Leaving Corporate America for Entrepreneurship

Today, we are seeing a growing segment of Americans – from Baby Boomers to Millennials – realizing they are no longer fulfilled in their corporate jobs. The current stagnant job market is making career success hard to attain for many professionals in corporate America. Many are forced to work long beyond a 40-hour work week, often with lower pay and with fewer resources. These individuals are commonly faced with the threat of company downsizings and unexpected layoffs and yet agree to take upon an extra workload without extra pay or recognition. This work schedule has left millions of people in corporate America simply exhausted.

More and more of these unsatisfied individuals are choosing to proactively leave their corporate sector jobs to take the leap from Employment to Empowerment and invest in a business opportunity as an alternative career path. Three reasons employees are leaving Corporate America for Entrepreneurship are:

1. An Enhanced LifestyleYou may think that the number one reason why individuals choose to leave Corporate America for entrepreneurship is money. Think again. Alternative career coaches at The Entrepreneur’s Source have found that the biggest reason why these people choose to move from Employment to Empowerment is to gain access to an improved lifestyle. Imagine actually being able to attend most of your child’s soccer games or having the ability to take a week off for a family vacation. The possibility of being your own boss and having the ability to create a more balanced life is often more inspiring to entrepreneurs than the actual income.

2. Feeling UnappreciatedMany individuals working in corporate America find themselves with an ever-growing work load. These individuals are happy to take on more projects, but aren’t happy that they’re rarely recognized, thanked or even acknowledged for their work. Shouldn’t we all be respected for our time and work? At The Entrepreneur’s Source, our clients often talk about the companies for whom they have worked, for whom they have done a good job, and to whom they were loyal, but they don’t feel loyalty returned from the companies. People should be appreciated for their good work and should feel a mutual sense of loyalty for their employer. By taking the road to entrepreneurship, business owners will no longer feel under appreciated.

3. The Corporate Financial PeakOnce an employee climbs the ranks within a company, their responsibilities increase, and their salaries climbed accordingly. At some point, however, they often reach a peak in their responsibility and compensation, often for reasons beyond their control. This is known as the corporate peak. The situation can become much more dire if they lose their job do to downsizing or other reason. It is common today to find that people in this situation to find that other employers are not willing to match or exceed their previous compensation. but then is let go during a downsizing or for another reason, they find themselves in a peculiar situation. As their responsibilities increase, their salaries climbed accordingly. Once they leave the company, they find that most other employers aren’t willing to match or exceed their previous compensation. Once one has reached the corporate peak, or have been kicked down to a lower level, the only way to earn more money and live as you previously did is to become entrepreneurial. Starting a business can help create a sense of unlimited income potential and more control of one’s destiny.

How to Take the First Step

Taking the leap to self-sufficiency can be a big step, but you don’t have to do it alone. Alternate Career Coaches with The Entrepreneur’s Source can help guide you through an exploration of career options for self-sufficiency. Contact me today at 925-218-1868 to find out how you can begin your leap from Employment to Empowerment.

Bill HallThe Entrepreneur’s Source866-208-8997Hall.ESource@comcast.netwww.EntrepreneursSource.com/bhall