Becoming their own boss is the dream for many people. They imagine a future of forging their own paths, setting their own schedules, and reaching their own goals. Being your own boss can indeed be rewarding, but it’s far from a walk down an easy street, and it’s also not for everyone. Let’s have a look at a few of the pros and cons of what it means to go it alone in a business you create.
You Set Your Own Schedule
As a boss, you get to set your schedule, which is excellent when you have a family, you can slot in a child’s baseball game or ballet recital, without having to beg a work supervisor for time-off.
You can choose when and where you work. For many, this flexibility means no more long commutes and a fight for parking space. Not having to sit in the car, bus, or train frees up a lot of time, which lends even more flexibility to your schedule.
Freedom To be Creative
Managing a business that you own, frees you from the corporate drone shackles. You get to choose how creative you want to be when making decisions about your business. You no longer have to worry about your ideas getting shot down by a boss or supervisor who lacks your creative vision.
Choose the Tools You Work With
Large corporations get locked into the software used to run the business, such as inventory management and accounting tools. The cost of updating is prohibitively expensive, and so employees are forced to make do and use out-of-date client management tools that aren’t able to take advantage of the latest technology. When you’re a team of one, you are much more agile and can implement whatever CRM, client portal, or client management tool that best suits your purposes. For example, True Client Pro CRM is jam-packed with tools business owners can use to keep organized and grow their business.
Marching to the beat of your own drum might be the dream, but it’s not always going to be the fun and games you want it to be. Here are a few of the cons you need to keep in mind when making the leap to entrepreneurship.
You Now Wear all the Hats
In the corporate world, you probably had one job. However, when you become a one-person band, you are suddenly a marketer, accountant, content creator, and head of client management, to name just a few. Somewhere in between doing all those jobs, you need to find the time to do some work that brings in the dollars. It’s a lot to take on, but the good news is, you can outsource what you can’t do or don’t have time for.
No Work Equals No Pay
While you were working for a boss, taking time off was straightforward. You put in your leave application, pack your bags, and head for the beach. When you’re on your own, taking some much-needed vacation time can become problematic, as no one can step into your role.
You Need to Be Your Own Hard Boss
In the typical work environment, you always have someone looking over your shoulder, making sure production levels remain consistent. Now, you must be the one looking over your shoulder, making sure you don’t slack off. If you’re not a self-starter, then creating a business may not be the best move for your career. Deciding to go it alone isn’t always going to be easy, but it can be incredibly rewarding. And remember, if you are doing something you love, you won’t have to work a day in your life.
I am currently the owner of multiple businesses and with each new one I start; I keep the benefits in mind so I can continue to appreciate the opportunities that come my way. I have put tools and processes into place so I can enjoy the benefits of owning my business. Tools such as True Client Pro allow me to manage my staff, clients, and much more no matter where I am.
Find out more about True Client Pro here: True Client Pro | CRM Built For Small Business Growth