Having no boss, following your passions waking up a bit later, or just working in your PJs – whatever your reason might be for wanting to start a business, you’ll always have questions arising. Perfectly normal – that is, as long as they are only questions and not excuses that hold you back.
When you think too long about something, two things may happen: Either you get 100% ready to start, or you change your mind and keep your status quo. Isn’t that a shame? So what do you think if we go through a couple of those questions together and forget about quitting your business idea?
Most asked questions about being a solopreneur
Most of these questions reflect our insecurities not to be good enough and our fears related to time, money, and skills. But they also are the result of common mistakes we hear everywhere – but which don’t have to be necessarily true.
#1. Can I say that I am an entrepreneur even though I don’t run a big company with a big team?
Sure thing!! You don’t have to run a big company to be an entrepreneur. You can have 500, 50, 5, or no employees at all, and you still have a business. If you’re working on your own, you also have a business. Yep. And guess what… If you sell printables on Etsy, you have a business, too, my entrepreneur friend!
#2. Do I have to move to Silicon Valley to run a business?
No, you don’t! If you’d love to move to California, go ahead and do it – It’s a beautiful sunny corner in the world. But you don’t have to move there, nor do you have to found a startup and look for investors. In fact, you can run your own business from home or a coffee shop if you feel like it!
#3. Do I have to work from 9 to 5?
You don’t have to work regular office hours! You choose when and where. That’s the whole point of running a business!! It’s up to you whether you want to work early in the morning, late at night or 3 days a week. As long as your customers are OK with it, why shouldn’t you? You’re the boss, honey 😉
#4. Do I have to choose between work and family as an entrepreneur?
Look, we said you don’t need a big team or a big office, right? So why should you have to choose between work and family? You don’t have to leave your children to others and meet them only from time to time only ’cause you have to work. In fact, you can balance work and family easier than ever!!
Now, starting a new business usually requires many hours of work – you might say. And that’s true! But you can choose your work hours and your free time. Something very important is that you’ll need to plan your days and weeks ahead – especially if you have children.
And I mean planning both your work and your break times! Otherwise, you may end up working any time you have the chance, and that wasn’t the idea when you started this whole entrepreneurial thing, right?
#5. Do I need a business degree to start a business or to become a freelancer?
You don’t have to have a lawyer’s or a business degree to start a business. Nope. However, some basic concepts will help you manage your business. If you don’t know anyone who can take care of your finances, hiring a professional isn’t a bad idea at all!
#6. How can I handle periods of low workload?
Having periods of low workload is probably reason #1 for most people not to start a business on their own. If you’re used to getting your paycheck at the end of the month, the first time you wake up without any projects to work on can be scary. But it doesn’t have to be! Once you reach a continuous high workload, you’ll be thankful to have a couple of low days.
Will there come periods of low workload? Probably. But that’s what planning your financials ahead is for! You’ll have to set a plan A, plan B, and C. And I’m not talking about a plan B in case it doesn’t work. I’m talking about a plan B for the services you offer. You’ll want to establish different flows of income, for instance!
Check out how to handle and even benefit from periods of low workload in this blog post.
Do you have any other questions or fears related to starting a business? Is there anything that is letting your insecurities become fear? Leave a comment below and let us know!