Posted by: broshe on May 09, 2012
Remember when you dreamed of owning your own business? Sleeping in, taking time to exercise, traveling when you want to – these perks were mighty inviting. You found out pretty quickly how much work it really is! Yes, you are your own boss, but you are also someone else's boss now. People are depending on you . Not just your employees, but your vendors and your clients, too. You don't have to be there every second, but you have to know what's going on and be available to fix problems if and when they come up. Wow, talk about responsibility!
Yes, there are perks to being an entrepreneur. But here are a few things you need to keep in mind:
• Don't rush it. If you want to take an extended vacation in the Bahamas, set your mind to it. But you have to put your foot down with yourself, and not take off on a vacation until you have systems in place for your business to run in your absence. Give yourself a timeline. No one's stopping you, but you have to enjoy what you're doing enough to work at it before you take time off.
• Embrace the start up phase. It's not going to take forever, even though sometimes it feels like a long, slow process. Sometimes you're wearing all the hats, traveling across the country to meet clients halfway. You're supervising all 15 of your projects, and you have to be present at all the meetings. You have to squeeze your creative juices and serve them up as beverages to your clients.
• Learn the art of multi-tasking. Especially if you're in retail, you might have to step up and be sales and marketing, cashier, greeter, errand runner, stock-taker, etc. Multi-tasking has never taken on such a stark form. You're running around like a madman – or woman – and you can't seem to catch a break.
• Enjoy the fruits of your labor. Once your business begins to take off, you can start to relax. Hire some talent, give them good directives, but you're still the Captain of your ship. The difference is that now you don't need to be involved in every decision! Now you can take that vacation, and they can call you if it's something that needs your stamp of approval.
As an aspiring entrepreneur, you’ve fought your way through every obstacle and gave your blood and sweat into building a business that’s uniquely yours. Now as a business owner, your responsibility is to ensure that your business can have a life of its own. Like a proud parent, you need to stop sheltering your baby and learn when to let go.