Running Your Own Business
We all dream of financial independence and want to spend quality time with our families. However, for a lot of people the dream remains just a dream because they remain stuck in the 9 to 5 routine due to financial obligations or because you are a single parent. Nonetheless, there are hundreds of thousands of people all over the world who run their own business, home-based or not. This means that it is possible to run yourself!
One thing to fully consider is to keep your regular job until the time comes that you are making enough on your business to quit your day job. Anything worthwhile entails a lot of sacrifices. To keep working and start your home business, means you will spend even more time working. Since your goal is become financially independent than you are right now, your workload will naturally increase.
You have to decide how much time you are willing to invest in your new business, it could be anywhere from 2 to 4 hours daily – after your 8-hour day job. Remember, the more time you invest, the quicker your business can support you. Initially, it will be hard and frustrating but the potential rewards are great in the long run; not only will you be independent, you can be your own boss.
If there is a way that you can have your family involved in the business, you can have the best of both worlds. If your children are old enough, you can involve them and set your goals together – as a family – and they can help you out part-time. They can reply to customer e-mails, do the packing and shipping of products you sell, run your website. They will certainly be very happy to help you achieve your goal faster and at the same time have hands-on experience in running a business – something that they can not learn inside the classroom.
Telecommuting is another option. Instead of putting up a home based business, look for jobs that you can do at home using your computer. There are plenty of those around. You may actually end up making more money doing this type of work than working full time in an office. Working from home saves you money that otherwise will go to car maintenance, parking fees, gasoline, and lunch.
As a business owner, it is very easy to become weighed down with family and business responsibilities. Running your own business requires you to be more organized in order to be able to allocate your most valuable resource to each and every one of your responsibilities – time.
Create a daily plan and set your goals for the day. Itemize your daily to-do items and prioritize them accordingly. Only by doing this can you allocate more time and actually have more time to do what needs to be done everyday.
Making a list and prioritizing your activities will prevent you from wasting your time (and effort) on tasks and activities that are not in line with your priorities. Stay focused on completing tasks that you have set out to do on a daily basis for you to achieve your goals. Start off the day by deciding what it is that you want to accomplish that particular day. By doing this, you can easily plan your day ahead.
Keep track of your progress to help you to get a better picture of your overall growth. Being aware of these things will keep you aware if you are doing the right thing or not, allowing you to make a decision and necessary adjustments.
Setting up and running your business is a personal decision only you can make. You have to be honest with yourself in evaluating if you have got what it takes to go on your own. Self-motivation and self-discipline are the two most important characteristics of a successful business owner; unless you have them, you are better off working the 9 to 5 routine. However, if you truly desire financial independence and being your own boss, then setting up your business will open new doors for your.
It is also ideal to invest in technology to better improve the operations of your business. You can check on the 10 best cloud CRMs for SMBs. This will help you to better assist your customers and establish a healthy relationship with them.
There are sacrifices that you have to make but when the time comes that you are already your own boss and your business is doing well – you can look back and say it was all worth it.
Jesse Waters is head content writer and article at God Men. He found out about his love for writing when he was struggling with cancer. His works are very sensitive and he writes with his heart.