How to Get Back What You Had to Give Up to Start Your Business
This post is brought to you by Deborah Sweeney, CEO of MyCorporation.com.
An entrepreneur makes countless sacrifices to see their dream business become a reality. Often, we forget that opening your own business is not just a career change, but a lifestyle change as well. The days of clocking in from 9 to 5 are over only to be replaced with a sort of whenever-I-can-get-work-done schedule, because running a business is a labor of love. You want to see it succeed, and therefore put as much work in as possible.
Though, thankfully, all those big things you gave up in the beginning will someday make their way back to you once your business gets into a rhythm. Here’s how to get back what you gave up!
Let’s face it. When you first dive into the process of starting a business, you are essentially signing over your life. There is so much to do! Incorporating, trademarking and finding a registered agent- oh my! And when you first open up shop, it doesn’t slow down from there. There are customers to earn and profits to break even on!
So how do you get even a slice of that time back? You hire excellent employees with whom you trust your business. When you have a solid team behind you, leaving a little early some days to pick up your kids from school, or going on a week vacation once every summer is not the end of the world. You don’t want to feel like you can never leave or take time to yourself because you don’t trust your team. Keep this in mind when hiring.
It’s so easy for new business owners to spend all their money right away. They want their new office to be filled with all the latest luxuries from a vending machine to an espresso maker to keep their awesome team happy. But start slow. The best way to start earning some of that money back is to only buy what you can afford. Start with a mini fridge and work your way up.
The life of a business owner is typically anything but consistent, but it is possible to establish some form of routine. A great way to accomplish that is to at least start and end your day the same way every day. I personally like to start my day at the office by making a to-do list of everything I want to get accomplished that day. Then, before I leave for the day, I make sure I’ve tended to all the pressing emails in my inbox. Whatever else happens in between can, and probably will, change on a daily basis. But that’s just part of owning a small business– sometimes, you have to roll with the punches.
Deborah Sweeney is the CEO of MyCorporation.com. MyCorporation is a leader in online legal filing services for entrepreneurs and businesses, providing start-up bundles that include corporation and LLC formation, registered agent, DBA, and trademark & copyright filing services. MyCorporation does all the work, making the business formation and maintenance quick and painless, so business owners can focus on what they do best. Follow her on Google+ and on Twitter @deborahsweeney and @mycorporation.