So you’ve decided to become self-employed. Great decision, why work for someone else when you don’t have to?
You might also have been forced into becoming self-employed because of the recession. Well congratulations, what an opportunity. You’re free to be your own boss, choose the hours you work and there are no limits to your earning potential. It’s an exciting time.
Don’t let this opportunity slip without making the most of it. As you go along you will learn from your own mistakes, but why not get a head start by trying to do a few things right from the beginning.
Set yourself goals
Have a long term goal for where you want to be in say 2 years time and then shorter more achievable goals that give you a sense of success, as well as keeping your motivation levels high as you go along.
Be an expert
Aim to be the best at what you do and know everything there is to know about the area you work in. There are no downsides to being known as an expert. You can never know too much.
Working for yourself isn’t easy all the time, there will be times when you will feel like you have huge mountains to climb. Don’t give up and keep your eyes fixed on your goals, persistence is one of the keys to success.
Learn from failure
If you’re starting out on a new venture then it goes with the territory that it will be vulnerable to failure. Failure happens to the most successful people. The people who know how to succeed accept failure. They learn from it and move on until they are successful.
Get into the frame of mind that you and only you are responsible for your business and stop making excuses for why things aren’t happening for you if you’re going through a difficult period. By realising that you are solely responsible for your business you will take action to come up with solutions to problems quicker.
Remember, there’s not a right way to be successful at being self-employed. You will learn more from starting and making your own mistakes than from reading this, so what’s stopping you….
“The way to get started is to quit talking and begin doing.” - Walt Disney
Looking for self-employed insurance?
With Simply Business you can build a single self employed insurance policy combining the covers that are relevant to you. Whether it’s public liability insurance, professional indemnity or whatever else you need, we’ll run you a quick quote online, and let you decide if we’re a good fit.