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86 Reasons to Become a Freedompreneur (Part 1)
86 Reasons to Become a Freedompreneur (Part 2​)

At Guide to Grace, we hold and guide women on their leap from solopreneur to entrepreneur or from entrepreneur to freedompreneur.

If you're unfamiliar with these terms, picture a symphony orchestra:

  • The solopreneur would be a one-woman-show, who is running from the violin to the drums to the piano to the cello, trying to play every instrument
  • The entrepreneur would be the symphony conductor, who is elegantly leading the talented musicians to create beautiful harmonious music
  • The freedompreneur would be the owner of the orchestra and music hall, who is sitting in the audience enjoying her life (and jumping in to play or conduct if the desire arises from within)

 

It's a marathon, not a sprint

It doesn't matter what age you are, or how many calendar years you've been in business, a leap is a leap. It requires courage, stamina and resiliency.

If you're unfamiliar with Guide to Grace's definition of these terms, here they are:

  • Courage is the inner strength and faith to take brave action
  • Stamina is the grounded determination and discipline to weather the storm of any Heroine's Journey
  • Resiliency is the strength and willingness to get back up after each fall/"failure" and extract learning to inform the next brave act

Lately, we've been coaching and mentoring women who have been entrepreneurs for many years, with many big wins and some major setbacks. It's as if, in the thick jungle of entrepreneurship, they forgot why they were doing business. They lost touch with their original vision and their primordial instinct and yearning to be free.

So let us remind you.

 

Big Obvious reasons

1. Unlimited earning potential: no salary grades to cap your prosperity

2. Time flexibility: insane amount of time saved by running errands (eg. dentist, yoga class, groceries, haircut, etc.) during off-peak times, or 3. attending a masterclass during the day or a conference mid-week, and 4. not having to take a day off just to wait for delivery or repairman

5. Location independence: work from anywhere, from family wedding in Italy to sisterhood trip in Bali

6. Abundance of vacation at own convenience: take as much vacation as wanted (while being financially responsible, of course)

7. Choice of work colleagues: no more enduring bad apples, office drama or energy vampires

8. Freedom from glass ceilings: no caps to your growth or advancement (ie no jealous colleague or boss who feels threatened by you)

9. Freedom from rush hour commute: save insane amounts of 10. time, 11. fuel (lower carbon footprint), 12. money, 13. stress (road rage is bad for blood pressure) and 14. depressingly crowded public transit, 15. car maintenance and 16. parking costs

17. Freedom from dress code: wear what feels comfortable, beautiful and nourishing

18. Choice of ideal work environment: trade noisy cubicle for gorgeous salons or freezing air-conditioned buildings for warm coffee shops (My favorite places were cake shop in Odessa, Ukraine, a poolside lounge chair in Yangoon, Myanmar and a 5-storey bookstore in Sofia, Bulgaria)

19. Freedom from an incompetent yet controlling boss(es): bye-bye micromanagers! (Story: I once had a micro-manager who, with my colleagues help, wasted 40% of our work day. Yeah, no thanks.)

 

The trouble with the rat race is that even if you win, you're still a rat.
– Lily Tomlin

Measurable Reasons

20. Outcomes commensurate with talent, not hours: success depends on your intelligence and investment, not on the number of hours sat at a desk

21. Security from multiple income streams: no more precarious single source of income, when you can have multiple and keep replenishing the pipeline

22. Possibility for financial freedom: in business, you can build assets that eventually generate residual income

23. HUGE tax savings from deductible business expenses (this could make 101 reasons in itself!)

Simple example:

Employee Salary

  • Salary: $95,000
  • Deductions: none
  • Taxes paid: $38,000
  • In your pockets: $57,000

Business Ownership

  • Income: $95,000
  • Deductions: $14,000
  • Taxes paid: $20,250
  • In your pockets: $74,950

24. Benefits of incorporation: separating business assets from personal, and benefiting from corporate deductions and tax shelters

25. Personalized Health Savings Account: setup your own business health insurance coverage the way you and your team need it and 0. benefit from the tax deduction

26. Savings and sanity from low season travel: avoid the hoards of tourists!

 

The Perks

27. Cozy PJs all day long: no more need to do your hair and get dolled up if you don't want to

28. Intermittent breaks: where you can toss in a load of laundry if needed and resume work, without chores pilling up sky high and being too exhausted to deal with them by end of week

29. Choice of favorite hardware and 30. software: for me, when you go Mac you never go back (can't imagine ever having to use Internet Explorer again!)

31. Ability to rest your body deeply and often: freely take a power nap, 32. stretch your back on a yoga ball or 33. meditate between work sessions

34. Option to power nap (this deserves its own reason): napping increase 35. alertness [which in itself reduces costly mistakes], 36. productivity and 37. creativity and 38. serotonin which reduces overwhelm, irritability and even depressive states

39. Access to ergonomic work environment: with the ability to limit prolonged desk sitting

40. Access to fresh air: slide a window open, work from the park or terrace, feel more alive from within your lungs

41. Give yourself a promotion anytime: and if you feel like it, give yourself a new title as you please, no more HR red tape!

Stay tuned for next week's 47 reasons! In the meantime, reply and let me know what top reminder you'd add to this list.

If you've forgotten why you embarked on the journey to become a freedompreneur,

Book a Clarity Session today!

With infinite grace,

xo, Ella

Women who are free will set the world free

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Ellany LeaAUTHOR • When Ellany said yes to freedompreneurship, she had no idea it'd turn into a spiritual quest of reclaiming the 1,000 pieces of her soul.