Is Entrepreneurship For You? Character Traits Of The Self-Employed



3 Tips for Wannabe Self-Employers

  income. You need to cover your salary—plus taxes, health insurance, company expenses and retirement savings. Don’t shortchange yourself in the name of bootstrapping it.
Focus on cash flow. It’s harder than you think.You may not get paid up-front or even on time. You might think you’re making ,000 one month, but if one client doesn’t cut a check when you’re expecting it, you could be stuck. Whatever amount you need to generate, you’ll probably need more to provide a buffer. Mina’s consulting plan is smart—so is finding a part-time job for steady income.
Prepare to sell—and sell some more.Do you have the connections to generate enough work? You need a lot of contacts—and you have to research potential clients, cold-call or ask for introductions, and follow up on leads.





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Date: 18.01.2019, 19:46 / Views: 52343