We have already spoken about how easy it is to get started and how these straitened and austere times mean that becoming an entrepreneur is not only a good option, it can sometimes be the only option. Employment really isn’t what it used to be and probably never will be again. We are no longer a country of shopkeepers; we are a nation of businessmen. Continue reading
The first thing to do is not to become too carried away when those invoices are finally paid. It may look like a lot of money compared to your previous salary when you had a regular job, but those invoices are gross revenues. Continue reading
The first and most important thing is don’t expect to be paid on time. It is galling that for much of the time you’ll be waiting for money, you’ll be expecting money on a certain date and it won’t be forthcoming. That’s why people stay in jobs, the money is regular and the bills can be scheduled. When you run your own business there will be uncertainty as well as glorious freedom and entrepreneurship. Continue reading
There’s nothing like setting up a company for making you feel good. Instead of describing yourself as a consultant or between jobs or even freelancing, knowing that you are a founder and CEO does wonders for self-esteem and those awkward dinner parties.
Moreover, as the Bard once said, necessity is the mother of invention and running your own business does mean that you have to take everything seriously and take every opportunity to bring in business. Continue reading