 I quit my job about 4 to 5 years ago. I wanted to work for myself and I was tired of working for the "man". I was tired of someone else getting rich off my labors. I saw other people running companies and I knew that I could do it if I just put myself out there. I worked while I was working my job. I studied and went back to school on my late thirties because working for myself was just that important to me. I read everything that I could find on business and listened to motivational tapes day in and day out. When I finally quit my job and started working for myself I realized a couple of things.
FIRST THE BAD! 1. It's all on me! If I fail, it's totally on me. I cannot blame it on anyone else, not the boss or my co workers. I have a wife and kids and if I am unable to bring in a steady income then my family will suffer. That was and still is a lot of weight on someone's shoulders. 2. There was no 9 to 5 anymore. I had to work long hours, much longer than I was working when I worked for someone else. 3. in order to save money and keep a low overhead, I had to learn how to run an office and everything that came with it. I had to learn how to make a basic website. I had to learn how to troubleshoot my computer whenever it wasn't acting right. I had to learn how to set up a phone system. I had to learn how to troubleshoot fax my machines etc... 4. I had to budget. When I started out I had to watch every penny. I had to be picky where I worked out of because office space can get pricey. I had to make sure that I wasn't paying too much for phone and internet service. I had to choose the right insurance because once I left my job my insurance went with it. I had to look at every expense because I still had a home and family that I had to provide for and I began my company without a back loan or any other kind of financing. Again, it was all on me! 5. I had to manage stress. When you work for yourself things can go bad and sometimes the can go bad quick such as not getting paid on time. Other examples of problems are, insurance premiums going up, equipment breaking down, work vehicle breaking down, unhappy clients giving you an earful and work slow-downs. Stress and boot strapping a business could easily go hand in hand if you do not manage your stress and learn to take it all in stride. The Good! 1. FREEDOM! I am in control of my own destiny and my own earning potential. I don't have to punch a clock or feel like I am someone's slave for 40 hours in a week. I spend more time with my wife (who runs the business with me). 2. I make more money and keep and invest more of my money. I am no longer limited in my earning potential by a job that begrudgingly will give me a raise if they are happy with me. I can and have started other businesses. I have written short books. I have and am working on other streams of income. 3. I am building something for my children and their children. I am building a legacy that will last long after I am gone. The question is "If I knew before I quit my job what I know now, would I do it all over again?'. The answer is WITHOUT A DOUBT YES! I love running my own business! IF THIS WAS HELPFUL PLEASE SHARE! FOLLOW US ON INSTGRAM www.instagram.com/blackteamwork/ written By Jason Williams Sr.
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