The 3 Things You Need to Know To Be Your Own Boss

Want to be your own boss? Many people these days want to be their own boss and in this digital age, it has never been so easy – yet being your own boss takes dedication and perseverance. Many millennials were taught from a young age that they could do whatever they wanted to do when they grew up, but now that they’re adults, they’re finding many of the old structures in the workplace still exist – and might be inflexible and unappealing. Deciding to be your own boss is something that might appeal.

But are you coming across some bumps in the road along the way? Finding the right career for you isn’t always something that comes easily; you might have huge ambitions for your life but getting the ball rolling is often challenging. You dream of relying on your freelancing business for financial support and career satisfaction, but will it take years to get off the ground and become profitable?

Here are the three essential things you need to know to live your dream of being your own boss. Use them as inspiration and get the ball rolling on your dream.

The 3 Things You Need to Know To Be Your Own Boss

Know who to look up to for inspiration

There are so many strong and inspirational men and women out there who you can take the lead from when looking to build your own business. If you are feeling a little lost and don’t know where to start, look around you and think of somebody who motivates you in life.

From an old colleague or boss, to a powerful political figure such as, Michele Reagan, take inspiration from people like this who have used their knowledge to enrich people’s lives and support the small business community. Have this person in the back of your mind and use them as motivation when times get tough, and reach out to them via social media networking sites such as LinkedIn to ask them questions and find their existing resources.

Know when to take a risk

All successful entrepreneurs have one skill in common – they know when to take a risk during their business venture. Could you follow this lead and take a scary leap of faith? Although taking a risk can often be hugely beneficial, you need to assess what type of business you want to start up and see how you are going to approach it; you need a strong strategy to support your decisions.

You will also need some start-up capital to get you going and you should brush up on your branding and marketing techniques. Create a solid business plan which outlines your goals, you will then be able to see what kind of risk you will need to take in order to make it a roaring success.

Know when to do what you love (and when not to)

One of my favourite bloggers (and business people), Penelope Trunk has a very popular post called Bad career advice: Do what you love where she says, “it’s preposterous that we need to get paid to do what we love because we do that stuff anyway…None of us loves just one thing.”

She points out, “If you tell yourself that your job has to be something you’d do even if you didn’t get paid, you’ll be looking for a long time. Maybe forever.” The amazing thing about starting your own business is that you can do exactly what you want to do. Whatever your passions and hobbies are you can turn this into a successful business venture than you truly enjoy doing. If you love what you do, you won’t feel like you are working for a day in your life – but you have to make sure that it’s something people will pay you for, is in demand, and something that has longevity.

Get advice to be your own boss and start out the right way

If you are undecided about what type of business to start look for advice from your trusted confidantes – but make sure you get a wide range of opinions. Don’t rush into making a rash decision either; you want to make sure your decision to be your own boss it is the right thing for you. There is plenty of free advice available online about becoming an entrepreneur, so make sure you utilise everything on offer to you.

You can do whatever you want to do with your life so don’t let anybody hold you back on your journey. Chase your dreams, make your career goals come true and don’t ever look back.

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The 3 Things You Need to Know To Be Your Own Boss
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The 3 Things You Need to Know To Be Your Own Boss
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If you think you want to be your own boss and become an entrepreneur, then there are 3 very essential things you need to consider first.
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Alyce Vayle | Content Strategist
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