The mumpreneur conference 2011- creating a business instead of a job
September 25th, 2011 § 1 Comment
The final seminar in the suite is by Elizabeth Graney, Hampshire Business coach and she wants to know whether your business is letting you live the dream?
- loads of income
- flexible/reduced hours
- impressive work/life balance
- greater status
- better job security
- more days off
No? Many business owners find the exact opposite and that is because they have fallen into the trap of exchanging hours for income, and that’s the difference between a job and a business.
A business is “a growing commercial enterprise that is profitable and independent of any one individual- even you!”
So, have you fallen in the trap? Typically you will be a skilled tradesperson who is too busy doing the business to run the business
Dos and don’ts
Do
- create passive income streams
- constant marketing
- delegate tasks
- plan for progression and growth
- write everything down
- automate procedures
- work strategically on the business more often
- develop and train your team
Don’t
- be your own slave
- exchange hours income
- forget to plan
- only ever work in the business (not on it)
- do tasks you’re not good at
- forget to take a break
If you have fallen into the trap, at least you now know, and you can take steps to get out of it!
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I just had to chip in: what a beautiful, succinct post about freelancing. I’ve been running a copywriting and content business for nine months and I can tick off almost everything on the ‘Don’t’ list. Disheartening, maybe, but at least I can see now that I’m not the only one.
Forgetting to take a break: ack, guiltier than ever.
Love the blog, thank you. I’m adding it to my RSS feeds now.