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8 Strong Reasons For You To Start A Business

8 Strong Reasons For You To Start A Business

Start a business now. Become your own boss. Hire your friends. Doesn’t that sound great? It’s not going to be easy, but it could be very rewarding.

With tiny companies blossoming into massive billion dollar companies seemingly every year, I’m sure you’re beginning to catch the entrepreneurial bug as well. You want a piece of all that, don’t you?

It doesn’t have to be the next Facebook or the next Snapchat. You just want to build something significant, that will last long enough for you to be satisfied with your impact on this world. Maybe it’s a catering company or a heating and air conditioning service company, or maybe you just want to post some video tutorials on Youtube.

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But maybe you just can’t seem to get yourself started. Well, here’s a nice little list of reasons why today should be the birthday of your next company.

1. Your salary will always be less than your boss’s in the traditional workplace

So why not become your own boss? While there may be a few exceptions to the rule above, if you’re working in the classic corporate environment, it really tends to be true. You’ve got a fixed amount of head room, and no matter how good you are, as long as your manager sticks around, you can only go so far. Your best hope after you’ve gone as far as your manager can get you is that someone from another group recognizes your talent, your manager leaves, or you simply switch to a better position at a new company.

2. You can set your own rules

Have you ever wanted to work for Google just so you can ride around the office on a scooter? Well, if you start your own business, you won’t have to. Every day is casual Friday. You can work as early or as late as you want, as long or as short as you want, and as hard or as little as you want.

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3. You can sell your business

You can’t directly sell your 20 years of work experience at another company for anything but more work experience and maybe a better salary if you’re lucky. But if you put your blood, sweat, and tears into a business that you are passionate about, and you turn it into a successful company, you can sell it to someone else once you’ve decided to hand over the reigns. Alternatively, you could pass along the reigns to your children or your friends.

4. You couldn’t have been born at a better time

This is the era of technology. If you build a software company, you can essentially create something out of thin air, duplicate it for free, and distribute it instantly. Isn’t that amazing?

5. You have a whole host of tools available to help you do this

Do you need to learn how to program in Javascript? No problem, there are hundreds of free online courses that will teach how to do exactly that. Do you need to host your website? There’s even a way to do that for free!

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6. You can do what you love for a living

You don’t have to do anything you don’t want to do. Do you love cooking? Then, gosh darn, start a cooking blog or write an eBook or make cooking video tutorials or selling cooking products. Do what you love.

7. You don’t have to worry about fitting in

You can hire the people you want to work with. You can set the rules you want to play by. You can create the work environment that you thrive in, and that gets you excited every day.

8. You won’t have to wonder what could have happened

If you don’t try it, chances are, someone else will. So get to it!

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Featured photo credit: Working on Website Layout by VIKTOR HANACEK via picjumbo.com

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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