3 ms·
Regardless of field, the smart advice I've repeatedly heard and that I pass on is that, when you become a small business owner, you take on two jobs. Once, the
by pasbesoin 10y ago
Regardless of field, the smart advice I've repeatedly heard and that I pass on is that, when you become a small business owner, you take on two jobs.
Once, the service you are providing. Two, running the business.
You should -- you need to -- think of them as two separate, full-time jobs.
I've repeatedly watched people, including family members, struggle with this. And failure to understand and plan for it, going in, and to address it pro-actively on an ongoing basis, seems to be a primary reason for business failure, here in the U.S.
If you know some people who have done what you're considering, who you think are genuinely smart, making a success of it, and whom you trust, have some honest conversations with them.
I also like jacquesm's alternative of raising prices, particularly if you like the work itself more than the idea of expanding into being an employer.