Well here I am 10 years in business!! Despite the figures often quoted about start ups (1 in 3 fail within the first three years) I am still here and the business is doing well. Yes there have been some roller-coaster moments but I would not change it for the world!!
As I have been running a business for a while now I am often asked for advice, suggestions and guidance for people setting off on their own. I have to say this makes me feel REALLY old!!! However I am happy to help so here are some of those ideas for you:
- Keep a good support network around you of professionals. Your Mum, other half and best friend are important but they will always be on your side. So build a network of like minded colleagues who will give you that important feedback that will be objective
- Always have enough money in the bank to pay the bills for 6 months
- Ensure you have a wide spread of revenue streams...not all the eggs in one basket syndrome
- Manage your time so that you are working when you have the most amount of energy and give yourself permission to have a break
- Set yourself goals for the day, week,month & year which are not all financially based
- If you cannot ask for the business then do not go into business!!
- Have fun...if you are not enjoying it, why are you doing it?!!
These are by no means the only 'rules' that I have used to be successful, nor are they in any particular order, but they are good pointers for anyone about to buy a ticket for the roller coaster!!
Thanks for your time, Suzanne Unsworth
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