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How to Be Your Own Boss

How to Be Your Own Boss

Do you want to be your own boss? It’s not easy, and it’s not for everyone, but it can be incredibly rewarding for the right person. Here are some tips to help you be your own boss.

1. Find your brilliance

Having passion for your work is great, and if you’re not sure what you’re passionate about, click here for a free workbook to find your passion. Even better than passion, though, is when you find your sweet spot where your passions and strengths collide with what the world needs and what people will pay you to do. When you find the spot where those areas meet, you can be amazingly brilliant in your business endeavors.

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2. Focus on your ‘why’

Think about why you want to be your own boss. What are you craving in your career, and why? Having a strong, meaningful, personal reason for being your own boss will compel you to persevere when times are tough. For more about finding your why, check out this TED Talk by Simon Sinek.

3. Become awesome at time management

When you are working for someone else, there is often some (or a lot of) structure to your days. Typically, companies have set expectations for employees. When you’re your own boss, it’s essential to plan how you’ll spend your time productively. It’s important to spend your days doing things that are truly moving your business forward, rather than getting caught up in busy-work that’s not actually productive. One very simple way to start improving your time management skills is to spend a few minutes each evening writing out a tentative schedule for the next day. This can help you stay on track toward your goals and minimize time spent on unimportant activities.

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4. Be prepared to take massive action

Many people significantly underestimate the action required to become successful in their business ventures. If you’re determined to be your own boss, get ready to take massive action toward your goals. You will need to act when you don’t feel like it. You will need to act when you’re scared, you’re tired, you’re frustrated, and you’re doubting yourself. You can have wonderful ideas, but if you’re not taking action, you won’t achieve your big dreams.

5. Become financially literate

To be your own boss, it’s important to have an understanding of finances. Understanding the financial picture of your business can help you make smart business decisions. Also, keeping track of the numbers will help you determine where you can cut costs, where to focus your efforts, and which of your services are the most profitable.

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6. Develop a mindset for success

Being your own boss will require you to step out of your comfort zone over and over again. You will need to learn to act in spite of your fear, to persevere when you are struggling, and to think big. You will need to learn how to tackle procrastination and to do things that scare you. Developing a mindset for success can take a lot of time and effort, but can drastically improve your business.

7. Become great at connecting with others

As your own boss, it will be important to focus on serving others and building relationships with your clients and partners. Delivering great value with excellent customer service will help you build your business. Life is all about connecting with others, and you will notice a positive change in your personal life and business when you work on connecting with people in a genuine way.

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Being your own boss is not for the faint of heart, but for certain people is a very fulfilling experience.

Featured photo credit: Flazingo Photos / https://flickr.com via flickr.com

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Dr. Kerry Petsinger

Entrepreneur, Mindset & Performance Coach, & Doctor of Physical Therapy

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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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