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INSIGHTS3 MIN READ

Be Your Own Boss!!!!

lanesamarie

Published on January 21, 2014

Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.

Metaphor of a businessman running to escape paperwork

Working for yourself is not easy as everyone thinks. Although there are lots of advantages disadvantages are more.

Running your own business:

YOU ARE THE BOSS

You are expected to:

  • Establish your vision and goals
  • Know the values of your business
  • Provide leadership

You need these skills:

  • Self-knowledge- you know who you are, what you want and what you can do
  • Goal Setting- you've set objectives for yourself
  • Decision making- you know how and when to make good decisions
  • Problem solving- you know how to apply your skills and knowledge to challenges and problems

YOU ARE THE FINANCIAL OFFICER

You are expected to:

  • Prepare a budget
  • Do a business plan
  • Understand the basics of taxes
  • Do the banking
  • Handle insurance

You need these skills:

  • Match and accounting- you know how to balance your bank account
  • Financial planning- you know how to budget and plan for the future

Ready to put this into action?

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YOU ARE THE TECHNOLOGY ASSISTANT

You are expected to:

  • Understand the importance and value of technology in the work place
  • Ensure that 'YOUR COMPANY', has the necessary equipment and software
  • Know how to access and use the Internet

You need these skills:

  • Computer- you have basic computer skills such as keyboarding and word processing

YOU ARE THE MARKETING OFFICER

You are expected to:

  • Search out work opportunities
  • Network to develop contacts
  • Promote your skills, expertise
  • Make phone calls to prospective clients
  • Write cover letters and resumes to promote yourself
  • Develop interview strategies

You need these skills:

  • Analysis- you see trends and opportunities
  • Creativity- you come up with good promotional strategies
  • Communications- you explain 'YOUR COMPANY' to potential clients
  • Interpersonal- you know how to deal with people
  • Customer relations- you know how to develop good relationships

YOU ARE THE OFFICE MANAGER

You are expected to:

  • Handle day-to-day activities
  • Keep affairs running smoothly
  • Handle contracts details
  • Mail out invoices and pay bills

You need these skills:

  • Organization- you handle details and keep things running in schedule
  • Time management- you know how to pace yourself to get the work done

YOU ARE THE HUMAN RESOURCES OFFICER

You are expected to:

  • Keep track of trends in employment and skills
  • Ensure that 'YOUR COMPANY'. has the right skills and knowledge for today's workplace
  • Understand your strengths
  • Know where you have the gaps in your knowledge
  • Set up a learning programs to help you build needed skins skills

You need these skills:

  • Learning - you're curious and interested in new knowledge
  • Research- you know how to find information.

Now, you can decide if running your own business is for you...

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