1. It's not as easy as it sounds
Don't let Money Twitter fool you
This is not easy, and you won't get rich in 6 months
It may take years to make a profit, and even that won't be consistent
If it was that easy, everyone would quit their jobs to start their own business
2. It's not as sexy as it sounds
Are you dreaming of sports cars or mansions?
Enjoying life while others work and make money for you?
In the first years, you won't be able to afford to hire others and will have to do it all by yourself
It will take time to scale your business and be able to hire employees or outsource your tasks to freelancers and agencies
Be prepared to do the work of many people and receiving the salary of zero people
3. You need money to make money
The digital age makes it easier to start an online business with not much capital
But you still need money for
• Starting capital
• Scaling your business
• Covering your expenses until you turn a profit
Make sure you have a financial cushion
4. Don't ignore your 9-5
Money Twitter will tell you that 9-5 is modern slavery and can't make you rich, and you need to quit
What your 9-5 can offer you:
• Network
• Business trips
• Free education
• Consistent investing capital
Use your 9-5 to quit your 9-5
5. There is nobody to blame
Forget the office politics
Where everyone tries to pass the blame to someone else when shit hits the fan
When you are the boss, the buck stops with you
6. Fewer options
Are you working a job you don't like?
You didn't get the raise you wanted?
Did you move to another company and it didn't turn out as expected?
Well, you can always find another job
Nothing is holding you there
You can always switch companies and jobs
But when you are the boss, you have fewer options
If you open a new business you will start from zero again
• Zero customers
• Zero revenue
• Zero profit
You either make it work or close up shop
7. Every Customer Is Your Boss
Do you hate having your boss tell you what to do?
You think by starting your own business, you won't have one?
Well, think again
At your business, every customer will be your boss
You either satisfy their needs and demands or they go somewhere else
You can't stand your boss?
Wait until you have to deal with every Karen that wants to speak to the manager
8. Say Hello To The 7-23 workday
Say goodbye to the 9-5 schedule and say hello to the 7-23
There will always be
• Deadlines
• Emergencies
• Unexpected problems
When you are the boss, you can't just go home and continue with your life
To summarize:
1. It's not as easy as it sounds
2. It's not as sexy as it sounds
3. You need money to make money
4. Don't ignore your 9-5
5. There is nobody to blame
6. Fewer options
7. Every Customer Is Your Boss
8. Say Hello To The 7-23 workday
Becoming your own boss can give you amazing returns
But don't expect that to happen overnight
Be prepared for what's waiting for you so that you don't give up after the first 6 months
/END/
No comments:
Post a Comment
All the postings of mine in this whole forum can be the same with anyone in the world of the internet. Am just doing a favor for our forum users to avoid searching everywhere. I am trying to give all interesting informations about Finance, Culture, Herbals, Ayurveda, phycology, Sales, Marketing, Communication, Mythology, Quotations, etc. Plz mail me your requirement - amit.knp@rediffmail.com