To be an entrepreneur, one needs to have the courage and conviction to plunge into an unestablished venture, facing unpredictability and the risk of losing money. It’s a daunting prospect, and credit should always be given to those who try.

Not all businesspeople start out as entrepreneurs – some choose to gain enough work experience and earn good capital before going into it. While leaving your secure job for an unknown future can be scary, you could potentially reap great rewards if you succeed.

There are many different industries you could venture into but, given the current climate, one that is likely to succeed is a fitness franchise. Here are some of the perks of running your own business.

1. No upper limit to your income

Being an entrepreneur means there is no limit to your daily earnings. You are your own boss, and you do not need to ask for a promotion or a raise.

There are no performance appraisals (though you should certainly analyse your work to measure shortcoming and ways to improve); all you need to focus on is establishing the business to become more successful.

And if you start your entrepreneurship with an existing big-brand franchise, you will have the essentials already laid out for you. Any business venture will require hard work, but with an established and respected brand, you will enjoy the benefit of a loyal customer base.

2. Ample flexibility

Enjoy the utmost flexibility of being your own boss. Choose your work hours and take time off when you wish. You have the power to decide how to make the best use of your time.

3. Leave a legacy

By running your own business, you could grow your wealth and build an empire, while giving back to society by providing jobs to the community.

This is not to say it’s a given that you will be successful – indeed, there are more stories of losses than wins – but, if you choose your business wisely, you will be on the path towards a potentially bright future.

Health and fitness will never go out of style and, in the wake of the pandemic, more and more people are prioritising their physical-emotional wellbeing and are willing to pay more to look after themselves.

So, if you have the means and the inclination, why not take the opportunity to make money from it?

Erika Peres is a social media influencer, entrepreneur and director of multiple companies. She is a mother of two boys and has a passion for sports, fitness and lifestyle. She can be reached on Instagram, LinkedIn and Facebook.