5 Minute Tips: How to Start Your Own Business

The following post contains a sponsored link. The post content in no way reflects the opinions of anyone at Vanessa’s Money, nor does it contain affiliate links.

You want to start your own business, maybe even an online store. You want to be successful enough to quit your full-time job. You don’t want to get ripped off by clients. Being a solopreneur isn’t as easy or as glamourous as you think. But it is incredibly rewarding.

  1. Have cash. Money is king in the solopreneur industry. You can underbid or work for free to win business from large clients. You don’t have to quit when business is slow. You can afford to pay the electric bill and internet bill. Cash is your business partner.
  2. Be organized. Too many solopreneurs aren’t organized. I like using software to manage my invoices simply because I can have Invoice2Go do it all for me. They even a free invoice generator for anyone looking to give it a shot. If I don’t have to think about invoices, I can think about making money.
  3. Set deadlines. Don’t be the person who finishes her monthly work on September 30th. Don’t be the person who does all her work in two days after a week of procrastinating. Be the person who sets strict deadlines. I like setting daily deadlines because they let me finish my main work by 11am.
  4. Have a routine. Wake up at 5am. Eat breakfast at 7am. Exercise at noon. Go to bed at 10pm. These steps make up a routine. Without a routine you’ll wake up at noon and watch Netflix until midnight. Your work won’t be done and you won’t feel satisfied. Routines keep you sane. Trust me.
  5. Do what you love. I once opened a jewelry-making business. I hate making jewelry. No one knows me as a jewelry-maker and I don’t even wear the pieces I’ve made. If you don’t love what you do, you won’t do it well. If you don’t de well, no one will give you money.

Starting your own business isn’t hard. Succeeding in business is a ton of work.