Owning your own business has some truly amazing benefits. You can make your own hours. You can take on the projects that you want, and turn down the ones you don’t. You can work on your terms, and do it your way.
Sending an invoice, and hitting the refresh button on your email over and over again waiting for the notification that your client has paid– like your inbox is an awful freelancing slot machine that mostly dispenses spam. Without the other regular recurring revenue, overdue invoices are especially painful for small teams and solopreneurs.
There is a surprisingly easy and simple solution to keep the late and non-payers at bay. It’s so remarkably simple I’m shocked not every does it. Ready? Here we go:
You make a ton of mistakes when you are running a small business, especially if it is your first time doing so. A lot of people end up attempting to run a business without any formal training.
These types of owners are usually really passionate about something (or really good at it). While there is plenty of help out there for new entrepreneurs, few seek it out due to a lack of time and money. Egos may also get in the way.
Below are 6 small business realities I have learned from the trenches of starting mine.
Every business needs to use software to help maintain and run its’ processes. However, sometimes people get lost in the truth that the software is just tool created by people – Humans.
When there are situations that require some creative or (dare I say) even logical thinking, I am often perplexed when I hear the words “Well that is what the computer says.”
Here is why software alone does not lift your business:
You may not be able to tell at first but once you get a hint that you are working with a Toxic Business Leader run, run like the wind. No matter how hard you try you cannot fix them. No matter how much they say they want to learn the reality is they are using the Toxic behaviors to try to manipulate you. Gather the courage to just quietly and with dignity walk away.
Recently, I had to do this. It is not the first time I have worked with a Toxic Business Leader. My past experiences helped me recognize the Toxic behaviors and take control of my situation. One saying I always refer to is “The divorce is always present on the first date.” Perhaps I knew on the first day that something was amiss when the password to the owners laptop was …