Site preloader
Business Insight

Reality Of Starting a Business
Part 1

October 21, 2016
source: Sylvie Mus

PART 1 of 2Reality


The idea of starting your own business is a dream for most – being able to work your own hours {from wherever and whenever you so please}. Enjoying uninterrupted moments of creativity, that not only leave you inspired, energised and rejuvenated, but also aid you in producing work that holds greater meaning for you and those around you. These moments become the very source of an unimaginable fulfilment in your day to day work life.


RealityRealityAs your own boss, there also comes an immediate realisation of the authority you gain over your own time management (unhindered by a boss’s expectations), your career progression, how much money you can make and what you get to do with your days.

Reality

I have often heard people talk about the joyful option of being able to wake up whenever they wish, finish work whenever suits them best – especially when the weather is lovely, and if they desire to take time off for whatever purposes – they simply do so.

Reality

Or if they wish to work from home and stay in pyjamas all day, that day, they are able to do just that.RealitySuch privileges, in comparison to when you work under management from someone else, can be quite refreshing and exhilarating. RealityAnd, for those of you with a background in the corporate environment or are currently working in >

Reality

RealityRealitysuch situations, the notion of having to deal with office politics or gossip mongering becomes a thing of the past. Meaning, you simply spend your time focusing on more important and valuable elements of your life.

Reality

These perks often, a real possibility for those hoping to embark on a new journey of launching their own business or are currently at the early stages of running their own startup. RealityHowever, like anything in life, with the good comes, some harsh realities, that if left unresolved can be the very reason why some struggle and may experience some difficulties in your pursuit of successfully running their new business.RealityBelow are some things to take into consideration before you take a leap into self-employment or have just begun your journey. Featured Img: Badlands

RealityReality


As your own boss, there also comes an immediate realisation of the authority you gain over your own time management…Tweet this


Reality

Reality
Photo Credit

Reality

1. MANAGE YOUR EXPECTATIONS

Career

Everything we have just discussed above is possible but the reality is that you may not be able to enjoy them all in full capacity (not for a while anyway) because you will actually be too busy working to get things done.

spaceWhen you first start out, you will be solely responsible for making sure everything is done accordingly. And in order to do so, effectively you will be required to recognise just how much work it takes to start and build a successful business.RealityWhether you have ambitions of growing a big company or wish to remain a one man band, you will have to work extremely hard with little to no days off, because everything will suddenly depend on you.

Reality

Yes, it’s great that you may no longer have a boss to answer to, but that also means a boss will not be there to take the heat when targets are not met.

space

So you might feel like taking the afternoon off to go and enjoy the sunshine every other day. But it’s probably best to stay disciplined and get those all important tasks completed before you trade that in for a tan. And by the time you do, the sun would have probably already gone in.>

2. THERE IS NO ROOM FOR EXCUSES

Career

Unlike times when you are in full-time employment and when something doesn’t quite go to plan, you have multiple people you can point the finger to, on why a task wasn’t successful.

spaceWhen you own your business, everything falls on your shoulders. If you don’t know how your existing market is performing, why a customer doesn’t like your product, has a complaint about your service or might even prefer what you offer over what your competitors are selling, then ultimately it is your own fault.RealityDuring your start-up or in fact at any point in your business cycle, there is no time to make excuses.

Reality

Instead, take responsibility for your business and the quicker you are at admitting your mistakes and learning from those experiences, the better chance you have at succeeding.

space

Everyone that will work with you and for you, will not expect finger pointing and excuse after excuse. They will require a confident business owner that strives to know exactly what they are doing and in return, this will inspire them to bring their A-game to work.

RealityReality


Whether you have ambitions of growing a big company or wish to remain a one man band, you will have to work extremely hard with little to no days off, because everything will suddenly depend on you.Tweet this


Reality

3. YOU WON’T HIT THE ROAD RUNNING

Career

The conventional advice for individuals that hope to launch a business is to plan, plan and do some more planning.

space

Great advice – but it is also important to remember that as long as you are just sat at your desk, planning and not actually putting that into action, there will always be things that you won’t even be able to think about or realise until you are actually in the midst of running your startup.

space

Components that need adjusting, changing, tweaking or completely getting rid. To not expect this is slightly naive. So, no matter how good your plan is, remember that this should not be set in stone.

space

Be prepared to continuously change things, doing your research and finding out ways to accommodate the needs of your customer while maintaining a competitive edge.>Reality

4. YOU HAVE TO LEARN ON THE JOB AS WELL AS ACTUALLY DO WHAT’S NECESSARY 

Career

This leads me to my next point. There will simply be some things (most things) that you will have to learn on the job.

space

Unlike a corporate job, where you get someone assigned to you to train you on the ins and outs of a role when you are first hired, there is no such entitlement when you first launch your business.

space

And the added pressure is that you still need to do what is necessary in order to make the money you need to stay afloat.

space

So the best strategy forward is to get learning as much as you can, from as many sources/people as you are able to and put that into practice in the quickest time possible. Any mistakes made along the way, make note of them, learn from the and keep moving forward.Reality


PART 2


RealityspaceThank You For Your Visit

space

We appreciate you taking the time out to visit Anaria. If you found this post useful, be sure to share it with you family, friends, colleagues or people you may know that are in need of a word of encouragement. You might just be the person that makes a difference to their day. 

spaceFollow us on Twitter Instagram

0
  • Ever wanted to open your own luxury fashion shop and help women to feel confident, beautiful and happy? We had the great pleasure of sitting down with Hari Martin, the 27 year old behind @basilandbea. Hari explains her thought process when buying pieces for her shop, the challenges she has encountered and why she decided to open a physical shop first before going online. Read the full article in the bio. For an exclusive Video on Hari's #lifelessons, visit bit.ly/anariasubscribe. #fashionblogger #fashionbusiness #fashioncareer #manchesterfashion #womeninbusiness #inspiration
  • "Into The Gloss and Glossier" Founder, Emily Weiss and Vogue China Editor-in-Chief, Angelica Cheung inspired our latest article on running a successful fashion business.  #linkinbio. 📷: @elisaschenke. #fashion #fashionmagazines #style #friyay #fashionbusiness #inspiration #girlboss. ⠀
  • Ugandan model, Aamito Lagum is beautiful, inspirational, intelligent, fearless and our Woman of Style and Power #AnariaWoSaP today. Raised by a single mum, Aamito traded law school for modeling and won the first season of Africa's Next Top Model. ⠀
⠀
Since then, she has walked for Marc Jacobs, Paul Smith and Bottega Veneta to name just a few. In 2016, Aamito was subject to racist and hateful comments when a picture of her lips was posted on MAC's official Instagram page. Fearless in her response, Aamito encouraged her followers to take a picture of their lips with the hashtag: “#PrettyLipsPeriod” and turned a discriminatory moment into an inclusive and #empowerment movement. A great example of how taking a negative situation in life and turning it for good is always best.⠀
⠀
When asked to describe herself in a recent interview with Interview magazine, she simply says: "I am a black Ugandan with a white smile." 📷:@aamito_lagum, @dnamodels, @legainsbourg, @interviewmag, @fastashleysbk. ⠀
⠀
#inspiration #fashionstyle #fashioncareer #womanempoweringwoman
  • Women face various obstacles when trying to run a fashion business, including but not limited to access to funding and a general lack of entrepreneurial education.  We gain insight from Emily Weiss (CEO of Into The Gloss and Glossier), Angelica Cheung (Editor-in-Chief of Vogue China) and fashion designer Phelan on how to overcome some of those challenges and create successful fashion businesses, especially in today's digital world.  #linkinbio. 📷: @elisaschenke. #fashion #fashionmagazines #style #friyay #fashionbusiness #inspiration #girlboss. ⠀

Whistles