The Good and the Bad of running your own business

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Good and the The Bad of running your own Business
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    19-Sep-2014
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    Business

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Transcript of The Good and the Bad of running your own business

Page 1: The Good and the Bad of running your own business

Good andthe

The

Badof runningyour own

Business

Page 2: The Good and the Bad of running your own business

Hello!

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A year ago I started a business

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I thought it might be a good idea to share with you what I think…

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The good & bad points have beenso far.

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The

BADThings

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1You do what???

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People probably won’t understand what you are doing

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People probably won’t understand what you are doing

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Or WHY

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Or WHY

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This is something you will just have to get used to!

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2A light

piggy bank

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If you are starting a business just to make stacks of money…

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You shouldn’tBecause you won’t!

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You shouldn’tBecause you won’t!

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A life of doubt3

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Few things are certain or predictable when running your own business

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People don’t like doubt, so they pay money and give up opportunities to avoid it.

Entrepreneurship is largely about living with doubt, as is creating just about any sort of art.

Seth Godin says

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People don’t like doubt, so they pay money and give up opportunities to avoid it.

Entrepreneurship is largely about living with doubt, as is creating just about any sort of art.

Seth Godin says

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Just another thing you have to accept as an entrepreneur

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Always on, all the time4

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Work doesn’t start at 9 or end at 5

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And it can be almost impossible to “Log out”

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Out on your own5

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Starting out can be lonely!

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If you aren’t comfortable with getting work done on your own

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You might want to reconsider Self-Employment

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“Everything” ..dept.6

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You are the Sales

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You are the Marketing

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You are the HR

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You are the Accounting

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Departments

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You need to be prepared for that!

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You can check out but you can never leave7

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There are some things in life you cannot UNsee

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Like this…

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Once you have experienced the joys of running your own business, there is no returning to “normal” jobs

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Of course, it is not all bad!

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Exploring My Town1

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I work from a home office and as a result I have been able to discover

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The beauty of my local area

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For example it can

be…

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Great People2

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You’ll meet a lot of great people along the way

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Every country has a startup community, and getting involved is very rewarding

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Control Over Your Time3

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Not everyone works best between 9 and 5,Because we are all different

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Not everyone works best between 9 and 5,Because we are all very different

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Some people are early birds and some aren’t

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And sometimes you just need to take a day off (and make up for it later)

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When you are the boss, you work when you know you will work best(Which is rarely 9 to 5)

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4Work from Anywhere

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Who says that everyone works at their best in one specific building?

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Maybe you get more done when you have peace and quiet and work alone…

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If your job is based mainly on a computer… you can work from pretty much anywhere!

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5Creating Something From Scratch

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If you get satisfaction from baking a cake from scratch…

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Imagine how cool it is to create your own business!!!

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Constant Learning6

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When you start a business you have to learn a lot… FAST

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Or else you wont be around for too long!

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But you will get to learn some cool stuff

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And be immersed in a world of new information and ways of thinking.

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Doing Work You Enjoy7

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Most people don’t really like work…

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Most people don’t really like work…

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But it doesn’t have to be like this!

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The man who loves his job never works a day in his life

Confucius said

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Waking up every day, and really wanting to do your job is amazing

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It completely overrides all the negatives

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And makes it all worthwhile

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So! There you have it…

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Starting your own business has its good and bad points

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But on balance the “Goods” win out by a long way!

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So get out there and make it happen :-)

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Thanks for viewing!

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This presentation is based on a much more in depth blog post that can be found here

Do you tweet? If so connect with me here (@clearpreso)