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The Greatest Benefits of Owning a Business

Writer's picture: Nate LuchtNate Lucht

Updated: Jan 7

Owning a business is one of the most fulfilling journeys a person can embark on. It’s not just about financial gain—it’s about growth, impact, and freedom. As the founder and CEO of a successful cleaning business in Wisconsin for over a decade, I’ve experienced firsthand the rewards that come with entrepreneurship. Here are some of the greatest benefits of owning a business, along with a glimpse into how they’ve shaped my own life.

1. Freedom and Flexibility

One of the most significant benefits of owning your business is the freedom to set your schedule and priorities. When I first started my cleaning business, I was drawn to the idea of being in control of my time. While it takes immense effort and discipline—especially in the beginning—the ability to craft your day according to your goals and values is priceless.

For example, I’ve been able to create space in my schedule to focus on coaching other cleaning businesses, something I’m deeply passionate about. This flexibility allows me to explore other opportunities while keeping my business running smoothly.

2. Unlimited Growth Potential

Unlike a traditional job with a capped salary, owning a business offers virtually unlimited growth potential. The harder you work and the smarter your decisions, the more opportunities you create. When I started my cleaning business, I could never have imagined it growing to the scale it is today, or that I’d eventually be coaching other entrepreneurs on how to achieve similar success.

This potential for growth is not just financial. It’s also personal. Over the years, I’ve grown as a leader, a communicator, and a problem-solver. These skills have not only benefited my business but have also enriched every area of my life.



3. The Ability to Make a Difference

As a business owner, you have the unique opportunity to make a real impact on people’s lives—whether it’s your employees, customers, or the community. One of the most rewarding aspects of running my business has been creating jobs and fostering a positive work environment. I’ve always believed that employees are an organization’s greatest asset, and seeing my team grow and thrive has been incredibly fulfilling.

Through my coaching efforts, I’ve also had the privilege of helping other cleaning business owners unlock their potential, increase their revenue, and achieve their dreams. Knowing that my journey can inspire and support others is one of the most gratifying aspects of being an entrepreneur.

4. Creative Control

When you own a business, you’re in the driver’s seat. You get to shape the vision, mission, and culture of your company. This creative freedom has allowed me to build a business that reflects my values and aspirations.

For instance, my podcast, Inspirational Outlook, was born out of my desire to inspire others beyond the business world. Owning my business has given me the platform and resources to pursue this passion and share stories that uplift and motivate others.

5. Building Legacy and Wealth

Owning a business is not just about the present; it’s about building something lasting. Whether it’s creating financial security for your family or establishing a legacy within your community, the possibilities are endless. As I look toward the future, I’m also considering selling my business coaching services, which will allow me to help even more entrepreneurs while creating a new chapter for myself.

Final Thoughts

Owning a business is not without its challenges. It requires resilience, sacrifice, and unwavering dedication. But for those who are willing to put in the work, the rewards are extraordinary. From freedom and growth to impact and legacy, entrepreneurship offers benefits that extend far beyond the bottom line.

If you’re considering starting your own business, know that it’s a journey worth taking. As someone who has walked this path, I can confidently say that the rewards—both personal and professional—are well worth the effort.


Keep Going. Keep Pressing. You are doing amazing!


Nate Lucht

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