Planning Your Self Employment? START HERE!Oct 01, 2020
There's so much we could do to prepare for our Self Employment but what's best for us to focus on at the very beginning?
Here are three actions to take to cut through the overwhelm and ensure you are building your Self Employed life on firm ground.
1. Clarify Your Whole Life Vision
Perhaps some circumstances are propelling you towards Self Employment? Redundancy, feeling you are lacking money and/or time, a bad boss or falling out of love with your employment can all give your business plans impetus.
It is also important for us to have a lifestyle in mind that we're moving towards. We want to ensure our Business is aligned with our passions so we give ourselves the best chance of success and fulfilment.
If you are producing a written plan for your funding provider, bank or sponsored training programme, they're unlikely to be interested in the long-term dreams and desires you have for your life. Yet it's this compelling vision that's going keep you inspired and moving forward through all the ups and downs ahead.
Your Vision also provides the context for key decisions you need to make in your business. Along the way there will be temptations and seductions. Having your destination in mind will ensure the choices you make are aligned with your priorities.
I've created a free journal to help you discover the Self Employment that's right for you. Click here for your copy.
2. Clear Your Space
When and where will you work on these plans and your business set-up?
The chances are your time is already full so what are you going to stop-doing or do-less, in order to find time for this?
I'd encourage you to make a timetable and set boundaries so you, and those around you, know your working pattern. The aim is for you to be fully engaged in the activity you have chosen, not half-heartedly multitasking or constantly feeling you 'should' be doing something else.
Self care is also very important during times of change so make sure there's time allocated for that too.
Perhaps you have some space you can allocate at home or another favourite place to work?
For a fresh start, de-cluttering to create your workspace feels great. You might put together a 'work station' you can bring out and set up quickly. The ritual of going into or setting up your space is part of you getting fully into your new business role
Assuming your business is not yet bringing in money, it's good to keep costs low at this point. Experiment with what you can gather easily and then put purchasing further equipment into your expenditure plans as you confirm what's really needed.
3. Gather Your Team of Supporters
Who do you need to get on-board to smooth the way into Self Employment, family, friends key collaborators?
Some will love being involved from the outset and have creative ideas and practical support to offer. Others are best briefed after you have all the facts and figures to hand so you can make your case. At the least, those you are close to will need to be aware of the space clearing above.
Who do you know with relevant experience that you can talk to? Who has expertise in different areas of business? What on-line forums and groups might be useful? Our free Facebook group, 💗 My Self Employed Life is great for mutual support, inspiration and relevant business information.
This is also the time to identify any local resources available to business start-ups, training programmes, mentoring schemes and/or grants. In the UK your local Chamber of Commerce is a good starting point as is www.gov.uk.
Based on my experience of helping free spirited people go Self Employed whilst still paying the bills, the Fulfilling and Sustainable Self Employment Checklist helps you to see all the areas you'll need to think through and work on to create your business.
You may need to write a business plan for funding, a grant or to access training. Otherwise I find an action plan prompted by the Checklist to be a more practical approach.
Looking at free content from Coaches and training providers will help you identify who you can turn to for further help. Whilst there is a wealth of free material, investing in support that's right for you will give you a smoother journey to Self Employment, you might even enjoy the process!
Of course I hope you've found this post useful and that I will become your trusted guide as you develop your business ideas.