I remember when I was in a 9-5 job and I would joke about how hard I worked and say things like “ If I worked for myself, I know where I would be today”. Oh well, it certainly is not that cut and dried because you go through so many seasons when you work for yourself.
Since I started working for myself, I‘ve realised there will be days of obscurity, lack, pain, gruelling work and long hours but there will be moments of triumph, hope and “pay”!!! That being said, this life is not for everyone! In fact, I embarked on it unwittingly! Here are 3 reasons why you should start your own business and 3 reasons why you should not:
I NEVER SET OUT TO BE AN ENTREPRENEUR, NEVER! As far as I knew, I was not cut out for navigating the business world on my own. I was a good employee at a decent place with a steady income. I was fine until I was not fine anymore. I wanted to use those gifts on my inside the way I wanted, I wanted to optimize them. You know, those gifts that show up as tiny glimpses in moments of inspiration. In December 2015, I suddenly decided to take the plunge and not start my business but work with the family business for a bit to enable me re-discover some things, see things from a different perspective.
After a bit, I became restless again. I still wanted more so I asked myself “ What innate and acquired skills do I have that will provide more self fulfilment and earn me additional income?” I decided to offer my brand building, marketing and creative skills to businesses who can’t afford an agency. Believe me, the day I wanted to launch, I was terrified! I postponed that day several times, asking myself deprecating and needless questions but I’ve so evolved….. below are few of the lessons I have learnt and re-learnt.
Starting a new business is exciting…and scary, very scary. You’re surviving on little more than adrenaline coffee and a dream. You’re making lots of important decisions that will undoubtedly affect your future, and you don’t know if they’re going to pay off or not. It’s a lot to deal with, so it isn’t surprising that around 80 percent of new businesses fail in the first year!
The stats might not look good, but you need to remember that 20 percent of startup do fight to live another day and there is no reason you cannot be one of them, especially if you apply these first-year startup tips:
Toxic employees can really kill the morale in any workplace. They can turn a once happy workforce into a bunch of anxious, stressed, angry and even depressed bunch. This, in turn, can affect productivity and lead to the loss of some great talent.
As a result, it is important that you, as an employer, are equipped to deal with these sneaky, disrespectful, sometimes downright nasty people swiftly. Here are some tips to help you with that:
When you work from home, you’re going to need an office that’s fit-for-purpose and contains everything you need for a productive working environment. With a home office, you can forget about the constraints you might have faced working for a business or organisation and really start with a blank canvas. The possibilities for your home office are endless, so if you’re looking for an idea of how to get started, then you’ve come to the right place. Find out more about how to design your dream home office.
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Whether you have been off work to have a surgery or you just had a baby, you will need to make some slow but meaningful changes to your daily routine, instead of jumping head first into working out. For some people, a gentle exercise and a daily walk in the park will make a huge difference, while others will need to invest more in their weight loss. No matter what age you are, you will need to adjust your daily routine to your needs and lifestyle. Don’t push yourself too hard, listen to your body, and you will succeed.
It’s always a good feeling when you start to see some growth in your online business and an even better one when that growth just keeps coming. But what’s the next step? Maybe it’s time to consider whether your online business might benefit from brick-and-mortar style premises. If you have thought long and hard and feel that moving your business into the ‘real world’ is a good, strategic move for you, then here are three things you need to be thinking about when making up your budget.