This post was sponsored by Erie Insurance as part of an Influencer Activation and all opinions expressed in my post are my own.
One year ago I made the decision to become self-employed and it was the best decision of my life!
I’ve always wanted to be my own boss but I will tell you that it was not easy to become a girl boss and took me years to get to where I am today. While I was always a hard worker and enjoyed working I was never happy working for someone else. I always felt under appreciative, used, over worked, etc. Plus, I hated trying to impress my boss on the daily and getting no response.
I had to make a change. Some people it may take them a shorter amount of time to get success but for me it was several years to get there. I’ve always wanted to become a full time writer sharing my passion of recipes, diy, self help, etc. At first it started out as a hobby but then it started to grow and I was actually making money and enjoying what I did. I knew someday I could eventually get to being my own boss and my hard word finally paid off. These are the steps I took to become self-employed.
Find Your Passion
The #1 thing you need to do before you start your journey is find your passion. They always say that work should not feel like work. If you have a true passion for something you will not get burned out and enjoy it. Are you waking up happy and love what you do? If so, then you found your passion.
Choose a Name & Register or Trademark It
Choose a business name that everyone will remember. Make it simple, stand out and suits your niche. As soon as you choose a name for your business make sure you register or trademark it before anyone else does. Create a website and social media handles to help build your business and direct them to your page. Research names before choosing to make sure it is available across all platforms.
Build Your Business
Before you quit any job you should build up your business. While I worked a full time job I was on my side hustle such as doing research, writing, planning, etc. I would take every spare minute I had to do so such as on lunch breaks, getting up early or staying up late. It took me 7 years to get my business to the point where I felt comfortable quitting my full time job and being financially stable. It’s important to make sure you wait and get to that point even though you will have the urge to do it sooner.
Open a Business Account
For tax purposes, it’s a good idea to open up a business account. It’s a great way to keep track of everything coming in and out of your business and keep it separate from your personal account.
Insurance is important to get for your business to protect it but have you even thought about life insurance? This is one insurance we may seem to forget when owning a business but most definitely need. It can provide peace of mind and ensure your loved ones are taken care of in case something happens to you.
One great life insurance company to use is Erie Insurance. They are trustworthy, making sure you are taken care of as well as understanding it such as how it works, what it covers, and how much costs. I like that they have agents standing by to walk you through the steps of finding the right life insurance coverage for you and your family. It’s super simple to get and important when owning a business. September is Life Insurance Awareness Month so this is the perfect time to head on over to Erie Insurance and check out their life insurance policies!
It’s so important to set goals for yourself and business. Think of where you want to be at in the next year or so and where you want to take you business. A great way to set goals is by creating a vision board or writing them down. By looking at that list will help you reach your goals and become successful.
Get Stuff Done
While it’s great to be your own boss sometimes we find ourselves being too relaxed making it hard to get stuff done. Sometimes working in the home can cause distractions from kids, chores, etc. and that can be a challenge. I try to move my office around such as working outside on the patio, coffee house or desk to avoid those distractions.
In order to get stuff done, create a daily to-do list, time block your day, take a mental break and get the support you need from friends and family. Once you get in the hang of doing this daily, you are bound to stay on track and getting stuff done.
I hope these tips help you along your journey and your hard work pays off of being a successful small business owner!