On October 10th I hit my 6-month milestone of being self employed. “Lauren you crazy,” you’ll say,“Why are you celebrating six months and writing about it? Shouldn’t you wait until at least a year has gone by?”
Well for two reasons: 1) because it’s my blog and I’ll cry do what I want to.
And 2) I think it’s because deep down I always had the anxiety that I wouldn’t make it this far, that I’d fold within the first month or 90 days. But more than that I wanted to celebrate this small milestone because I’ve already learned more about who I am as a person, (and you know … business stuff) in the last six months than I have in my entire life.
Moving to NYC with no money also taught me a great deal, but that was five years ago. So I guess it’s been five years since I really, truly stretched myself by doing something even I didn’t think was possible.
My friend Paula shared this little nugget of wisdom with me when I was about to leave my job. “Time flies once you stop watching the minutes count down on the clock in your cubicle,” she said. “It’s all going to go so quickly.”
And boy was she right. Time has flown so quickly that it’s thrilling and a little bit scary all at once. Perhaps this is why I wanted to pause at the six month mark and write it all down: out of fear I’d blink and miss it if I didn’t. So, I want to add to Paula’s wisdom by sharing 10 important lessons I’ve learned from being my own boss.
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1. THE INITIAL “LEAP” IS ACTUALLY THE EASIEST PART.
I tossed around the idea of making the switch from side hustler to full time solopreneur for years. Whenever I thought about it, it never seemed like quite the right time. Finally my bandwidth got so maxed out I had to make a decision: pull the trigger on working for myself, or let some clients go.
Maybe it’s the fact that once you do, in fact, become your own boss you’re thrown into a chaotic mess of to-dos that need to get finished and don’t have time to think about what you’re doing.
But making the leap, actually putting the plan in place and acting on it?
It’s been the easiest part of my journey so far. So for all of you contemplating making a switch of your own, my advice is to save your pennies and just do it.
2. PROCESSES AREN’T ALL BAD.
I was working with another contractor on an email campaign for a shared client of ours, and our weekly calls with the client would become so annoying I started to dread the call. During the call the other contractor would reference some process document, and if we didn’t have one, she’d take time out of the meeting to discuss and brainstorm creating … wait for it… another process document.
Every time she would do this, I would roll my eyes and think, “processes are for corporates. We don’t need that here.”
But after a few months I realized maybe there was a nugget of truth in her crazy extreme– processes aren’t all bad, they exist for a reason. I struggled a good bit with adding “legitimacy” to my business and managing the expectations of my clients when I swapped from side hustler to FT #girlboss. (I wrote about it in this post, here.) Processes were a huge part of making that shift, and it took me longer than it should have to realize it.
Even if it’s as simple as having a formal on-boarding process or “what to expect document,” those constructs let clients and customers know you mean business.
3. YOU’RE GONNA HAVE TO GROW A BACKBONE ... LIKE, A REAL ONE.
I love all of the items on this list, but I feel #3 is most important for bosses everywhere. It’s certainly the area where I feel most empowered and proud of my personal growth.
I wouldn’t say I’m one to shy away from conflict, but sometimes the “eager to please” part of my personality kicks in, especially when money gets involved. In the last six months I’ve found myself in projects or commitments that aren’t always to my benefit, the best use of my time, or at the level of compensation I’d like.
It’s a learning curve, but eventually you’ll realize that being easygoing all the time is taking a cut out of your bottom line.
I know, it sucks at first when you realize that there there is literally NO ONE else to have those tough conversations like there was at your old job. This is where the grit of being your own boss comes in. You can go crying back to corporate if you want … it’s definitely nice there sometimes.
But if you want to be your own boss, you have to grow a backbone. Not a fake one. A real one.
I thought the world would implode if I “made someone mad at me.” Trust me, it doesn’t. I also realized that me questioning something, or double checking/clarifying a point in an agreement didn’t make me difficult. It just makes me a business owner.
See the rest of the story at Business Insider