Company
Date Published
Author
Melanie Pinola
Word count
3582
Language
English
Hacker News points
None

Summary

You'll need to be a Jack-of-All-Trades`, successfully running your own business requires people to fill many roles, including Marketing, Selling, Production, Support, and Operations. When you're an employee, others take care of everything else. As a business owner, all of that is on you. Reviewing your weaknesses in these areas before starting your business and finding ways to overcome them will be crucial. You'll need to be disciplined with invoicing and following up with customers, as well as managing taxes and other administrative tasks. The satisfaction of being your own boss and making your own opportunities are worth it for many people, but running a business can also come with challenges such as procrastination, lack of motivation, and irregular income. You'll need to be comfortable wearing many hats and spending time doing things that might not be core to what you're producing. The right reasons to start a business include being passionate about your product or service, believing it will fill a real need in the world, and thriving on independence.