I'm just a bit bored posting the stuff I've been doing lately, so I wanted to let off some steam and write about 3 things I hate about being an entrepreneur. I haven't thought of the two things I love yet, but I'm sure I will by the end of the page.
Things I hate about owning a business
1. Thinking about it all the time
Ugh! It's not the stress that get's to me, it's just the constant thinking about what needs to be done, what needs to be changed, what I want to do, what I hope to do. It just never stops. Before I complete one project, I'm already thinking about the next.
I've got to keep track of who's doing what, what they should be doing, what I wish I was doing, and what I actually am doing. It starts when I get up in the morning, and doesn't end until I go to sleep at night. It's exhausting. I don't know if I just have a busy mind, or if this is normal.
2. Having to explain to people what I do
Honestly, I love telling people I own a business. Or run a business. Or am head of a company. But because it's on the internet, for some reason everyone wants to know more about it. I'm tired of telling everyone that NO I don't have a degree in business, YES, I just decided to start doing business online, and NO I have no idea of I'm going to be able to keep doing this in the future.
3. There's no one to blame but me
At the end of the day, if I screw up, it's because I did something wrong. I didn't plan well enough, I was impatient, I didn't read all the fine lines. It's nice to have a boss that you can blame for your woes, for not understanding you and your ‘situation', and whatever else bosses get blamed for.
Unfortunately, I'm worker and boss, so I have to blame myself a lot. Too bad I can always hear what I say about myself.
Things I love about owning a business
1. I set my own schedule
It's midnight right now and I'm writing an article. I can sleep in until 10 tomorrow (though I probably won't). I can take an afternoon nap, go to the gym in the evening, or do none of the above and work straight though.
It doesn't matter, because everything is online. I set my own deadlines, and I reap the benefits (or consequences of my actions).
2. I can spend money on cool stuff
I just bought a badass webcam and mic setup to record videos for YouTube. It cost me only a little over $100 dollars, but I didn't even blink an eye. I bought another laptop this month too (just for work), and spent $300 dollars on software last month. Spending money is fun, and it it's awesome when you know that the money you spend now will probably help you make more money in the future.
I'm run a pretty tight ship, and budget like crazy, so it's nice to actually spend money on stuff, without feeling guilty about playing to American consumer trends.
3. All the money is mine
As the saying goes, “Pay yourself first!”. When money comes in, I get paid. Not the company, not the tax man, not anyone else. I get to decide what happens to the money, and then I pay the necessities.
From #2 you already know I'm pretty budget-minded, so it's not like I drive a Ferrari (where would I drive anyway, I work at home!), but it's a great feeling to know that I'm in complete control of my finances.
Though there are some negatives about starting an online business, I wouldn't trade it for the world. Though I get stressed and overworked sometimes, I know that I am the maker of my own destiny, and being in control of my own money, my own time, and my own fate trumps any negatives, any day.