Making Money at your convenience: Being a Boss

in #hive-1679222 years ago

Trying to balance everyday life with the responsibilities all around us is one serious task. We need to make stable income to live the kind of life we desire. Being an employer can't keep you going for long, you need side hustle that can make you a boss of your own not necessarily an employer but that can provide you with income that will solve all your financial responsibilities.

Making money at your convenience may seems impossible to some people because , they might be thinking it won't pay as much as salary does but i can conveniently say it satisfies more than what salary does. Most salary earners live on loans because their salary isn't enough to take them through a month when they will collect the next salary, therefore at the end of the month the salary is used to pay off debt. And debt is number one enemy of financial freedom.

BEING YOUR OWN BOSS

There are lots of side gigs (hustle) you can do to be your own boss, making good use of your talent is the most important key you have to unlock your financial freedom. It brings out the uniqueness in you because yours will be different from what others are doing. Your talent pave way and gives you a ladder to climb to your success, that is why self evaluation is important.

TIPS TO BEING A BOSS OF YOUR OWN

Decide what you want to do : firstly you have to ruminate on the ideas you've got, proper thinking helps in decision making. Visualising the success of the ideas, the problems you might face and how to create solutions to the problems.

Put your ideas to work : after deciding, determine if your idea is viable by looking at the market you want to target. Start putting your idea to work on small scale and before lauching this idea, make sure there is a demand for what you want to offer by performing research.

Analyse your strenght and weakness : this is very important if you want to be a successful boss, this is a stage that might require you to perform SWOT analysis on yourself. Knowing your strenghts and weaknesses will tell you where to focus your energy and how to plan your future.

Self discipline and management skills : evaluate yourself on self discipline , time management and general management skills. Staying focus and remain steadfast no matter the circumstances is the best way to becoming your own boss.

Know your business financial needs : you need to know the necessary capital needed to lauch your idea. Make a budget of the basics that will kick start the business.

Know more about your idea or the business you want to go into : to know more about your idea, read more and make researches, seek for professional advice which will give you more understanding before venturing into the business.

I remebered when i started my clothing business, i had no idea of how to go about it but because i have been placing close attentions to people that are already professionals in the business, made it easy for me. Before i started, i made enquiries, i asked questions and as well as joined the group of top clothing dealers even when i've not started and this helped me gained the knowledge i needed in running the business. I started with the little capital i had on me and i tried as much as possible not to go into debt because that will be the end of the business. I managed the little i had at that time until i was able to make enough then i did a proper budgetting which has been helping me till date.

In conclusion

Working at your convenience as a boss of your own makes the level of financial freedom easy to attain. It gives peace of mind, helps good and proper financial planning and it makes living the life you've always wanted a reality.

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