At the end of 2019, there were 1.72 million women classed as self-employed in the UK (Source: Government Report – Women And The Economy). That’s an increase of 700,000 from 2000.
A lot of people dream about becoming their own boss but don’t know where to begin, or are too anxious to step away from a reliable income and take the plunge. But there’s never been a better time to start your own business, the government is aware of just how much startups and the self-employed contribute to the UK and are trying to make it easier for them to thrive.
Whatever your reason’s for wanting to be your own boss, you’re going to need a plan of action to help you succeed. Here’s how to get started.
Think About It
It’s much easier to begin by asking yourself the tough questions at the outset. Why do you really want to work for yourself? Is it that you want the professional and creative freedom to do things your own way, do you need something that’s flexible around your family, or are your tired of the 9-5 rat race and want to slow down? They’re all valid reasons, you just need to make sure that you know what they are so that you can move towards them.
Make a list of all of the potential careers you could see yourself doing. Do you want to become a consultant in a sector you already work in, turn your side hustle into a business, or do something completely different and take an instructor training course to teach people to drive?
Some people know exactly what they want to do, others know that they want to be their own boss and need to find ways to make it happen.
Talk to people who are already successful in what you want to do. Speak to specialists, entrepreneurs and anyone else who you aspire to be. Often, we have blind spots when it comes to our ambitions so make sure you find out the good and bad sides to your dream career. That way you will be able to go into everything with your eyes open and have a much better chance of success.
Reach out to people on LinkedIn and social media and ask them if they are able to have a quick chat with you, even if it’s just answering a few questions via email.
If you have the luxury of time to plan (i.e you haven’t been forced into it by a sudden life event or job loss), then use it to document:
- Your business plan
- Any additional training/experience needed
- Equipment required
- Start-up costs
- Financial help that may be available
- Launch plan and marketing strategy
By having this roadmap in place, you’ll be able to work towards your dream of being your own boss with a solid plan to help you navigate your way through those first daunting weeks and month.
Now, do it!