Things I Wish I Knew Before I Started My Business

In no way am I saying that I 100% know what I'm doing, or that I've gone about doing things the right way, taking a straight path. But if you read my last post about diving in and going for what you want, you'll know that I mentioned not knowing what to expect and learning along the way. There are a few things I wish I'd been prepared for in advance.. although I'm not sure if that would have put me off before starting anything? But I guess I've learnt a few massive pointers as I've gone along.

Make sure you've saved enough money to live comfortably for the next six months.. maybe even longer. You've got to work out a personal budget of what you'll need to save extra money for and what expenses you'll need to account for monthly. Always remember to leave a little bit extra for going out and enjoying yourself, and also emergencies.

Don't mix your personal and business expenses. Even though you might be so involved in what you're doing and you don't feel as if it is necessary, TRY to keep them both separate. It'll probably save you a lot of confusion in the long run when you're trying to work out your expenses.

You've got to put in ten times more than what you'll get out of it at the start. This may be for the first year, maybe longer. This includes not only investing your time, but energy, ideas, and most likely even money! (Unless you're starting a business that doesn't require much spending and investment.) It will be so draining and exhausting at first, especially when you feel like you're putting in so much of your time and not seeing any results. But everything takes time, and you've got to build a strong foundation.

Don't listen to all the advice you get. Everyone will want to share their opinions with you and tell you what they think is best. Thing is, all businesses work in different ways, and there is no right or wrong way. Listen to what other people have to say but don't feel as if you have to take any of it. Don't think too much into it as most of the time people will either tell you not to take such a big risk or they will tell you to go for it in kind of a fake way. Follow your heart and trust your instincts, as this is YOUR adventure, no one else's.

Plan. Plan. Plan. You'll of course have a long list of things to accomplish, some which may not seem within your reach. But until you write it all down on paper and have something to compare your successes to, you won't be following a proper plan. Nothing will go to plan. You'll come across new obstacles and face difficult decisions. But unless you've been mentally prepared for it and thought about it beforehand, you'll be completely knocked off your feet.

Don't be overwhelmed by your competitors. There are already SO many people doing what I've set out to achieve. But a little competition is always healthy. Yes you may want to start a beauty blog or a graphic design business. And yes there may be a million other people writing about the same product or using a similar colour palette to yours. But what's different is that you're putting your own spin on things. If you're passionate about something then don't be scared to take that risk and be worried about other people doing it better. Your work and your project will be different because it's YOUR opinions, YOUR designs, YOUR thoughts and YOUR brand! And that's something you can transform into your own, with your unique touch.

I hope this advice has helped, I'd love to know what you guys think. If you're planning to start your own little venture, I'd definitely say the advice above would help, even if it's a few of the most obvious points. Let me know if you want to see any more posts similar to this, and GOOD LUCK! xo