Most people assume the hardest part of starting a new company is getting it off the ground. They figure the most stress comes from raising capital and appealing to customers before you have any sort of track record or name recognition.
If you’re going to start your own business, you have to do a ton of prep work. You need to create a strong business plan, figure out expenses and lending rates, conceptualize the type of brand you want to build, and all of this should be done before you try to sell a single thing. And, even with all that preparation, you’ll continue learning and altering your strategy every single day.
If time management presents a challenge, I don’t think that’s a chronic issue. With experience comes efficiency, and there are plenty of tricks for getting more out of your waking hours.
When I first decided I needed to really understand money if I was ever going to become wealthy, I turned to a lot of reading materials. I inhaled books and articles, trying to build a brain inside my head that could compete with the other great financial minds. At the end of the day, it was worth the effort; I built a strong foundation of knowledge that helped with all the future decision I would make.
On some level, we all want to work from home. Sure, some people have jobs that take them to exotic places and anyone who runs a gym probably doesn’t want their patrons lifting weights in the living room. Even so, avoiding the commute and working in your pajamas has a lot of appeal.