Tips on Running Your Own Business
Are you keen to set up your own business, where you call the shots, make all the decisions and more importantly - be your own boss?! Well it can be easily achievable if you have the right know how on setting up your own business and being your own, well- disciplined boss. There are a number of advantages to being your own boss, but there are also equally as many ways in which you can fail badly too. To be your
own successful boss, it is going to take more than simply decorating a room of your house and sticking your computer in there to create a home office. It will take time, money and effort, but the results will be worth it!
Why Work For Yourself?
Working from home is not for everyone. It takes a certain kind of person to want to be their own boss and that person must be well organised, disciplined and ambitious. Some people feel more comfortable being in a job where their boss tells them what they should be doing and when and would feel very uneasy about having so much responsibility, which is why these people prefer to work for an employer compared to being their own boss. As well as having to deal with the stress, possibly being responsible for your employees and having to make all the decisions for yourself, there are many perks to being your own boss.
Advantages For Being Your Own Boss
You can make decisions and choices to suit you and your wishes
You will be able to do a job that you thoroughly enjoy
You can put in as many hours as you wish
You can choose the working hours to suit you
You can take credit for all of the success and hard work
The more you work, the more you earn
Possibility of earning a good wage
How To Succeed And Be Successful
Being your own boss sounds great, but are you aware of the hard work involved? There are so many people who set up their own business and believe that they can do what they want and when they want and fail very quickly.
Keeping To A Schedule
To be your own boss you have to get yourself in to a routine. If you were working for an employer then you would have set working hours and rules, so try to do the same when you're working for yourself. You should set yourself working days and times, so that you know when you have to work. This is the part that is up to you, because you will be able to choose when is best for you to work. To begin with, you should make yourself a timetable so that you can keep to it and make sure that you are doing what it says. Think about the jobs that you will have to do during a working day; this may involve meeting clients, checking emails and working on a project. Whatever it is that you will be doing during your working hours, try to plan it so that it is in your schedule to do so.
Getting Organised
If you are working from home, it is best to designate a particular room or area in your home for your home office or work area. This will stop the need to get distracted by things such as the television, other people in your home or pets. In your work space you should keep everywhere as neat and tidy as you can. A neat business person is a good business person! If you struggle to keep your desk neat or your folders organised, then put yourself in the position of a potential client. What if you were to go to a bank (for example) and ask to withdraw some money from your account and the bank clerk was sat at a desk with papers piled high and in no particular order? Then, when you asked him/her to withdraw a sum of money they then confuse your bank account details with someone else's because of a lack of their organisation skills. What would you do? The most obvious thing for many people would be to withdraw their money and switch banks immediately! That is why you should always keep your work space clean and tidy and keep a record of client's details, your account records and anything else that you have. Keeping everywhere neat and organised will save you time and stress in the long run, so when your accountant rings to see you, you can simply grab your accounts record and go.
Achieving Goals
You will never achieve goals if you don't set them regularly. Whether you work for yourself or for an employer, you always have to achieve a goal of some sort. Try to set yourself smaller goals on a daily basis and then weekly, monthly and yearly goals that will need extra work putting in. Achieving regular, smaller goals will lead up to achieving that big goal at the end of the week, month or year.
A Smile Goes A Long Way
When you're the boss, you have to be decisive but likable. Often in the business world, it is all about who you know and therefore you have to keep a good reputation and let everyone know that you are a likable person, but firm. Those people that fail in business often let the power of being "the boss" take over and they then believe that they can treat people how they want to, but it all fails when they lose their clients and their business.
Remember these tips on being a good business man and you will have a great business personality:
Being friendly to the people who you deal with will help give you a name and keep clients coming back to you or passing your name on to people that they know.
Business is business and don't forget it. Don't mix business with pleasure because most of the time there is always terrible consequences.
To have a great business personality you should be good with dealing with people. You must be friendly and helpful with people but at the same time decisive and being firm with people.