Starting a small business is difficult. When you choose to start a small business you become and owner, operator, customer service, HR, IT, AR, AP and so much more.
You don’t have a set schedule.
You have to make the decision everyday when to start work and when to stop work.
You have to set your personal boundaries.
You’re responsible for your success or your failure.
There is no ceiling to how much you can make, but there is also no floor.
There isn’t a person above you to ask questions to or to go to for guidance.
If and when you decide to hire someone, you are then personally responsible for other peoples lively hoods as well as your own. You decide when to hire, who to hire, how to train, how to correct when expectations aren’t being met. How much to pay, when to give raises.
You are then personally responsible for everything that person does. Their successes within your business relies on your skill in communicating and providing feedback. Their triumphs are their own, but their mistakes become your mistakes.
You have to figure out pricing, budgeting, invoicing, insurance, profit and loss, taxes, and expenses.
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