My steady corporate job was great on paper -- it paid well and let me travel the world, but it was also incredibly taxing and limiting. I didn't want to be a cog in that system. I wanted to run my own business, but I never anticipated the challenges that came with it.
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As appealing as the freedom of freelancing can be, it's also a challenge, and sometimes you find yourself wanting to stick with one of your freelance clients for good. The company culture, the ability to focus on one client, the coworker camaraderie -- there are lots of reasons to transition from freelancer to employee. But how do you convince them you should be on staff?
You can find a million articles about how to start a side business, but very few about when it's time to shut it down. People like to remain positive and shuttering a business is anything but.
Every week it seems like there's a new piece of advice for would-be entrepreneurs from the ones who've already made their mark on the world. Tim Cook starts sending emails at 4:30 in the morning. Steve Jobs once ate nothing but carrots. Donald Trump supposedly sleeps only four hours a night. Most recently, serial odd-advice-giver Gary Vaynerchuck has told Business Insider that he doesn't eat in the daytime. But do you really need these weird habits to be an entrepreneur?
We are living at a time of unlimited potential. Never before have we experienced such a rapid growth in the number of young entrepreneurs who've begun working for themselves. From app developers, to freelance writers, business consultants, creative producers and startup founders, there's no shortage of people willing to take large calculated risks in the name of sculpting their own self-employed dream careers.
Startups are usually founded by teams with big ambitions. They pour their money and time into a business, often spending most of their day with each other. But when you're spending so much time together, there's bound to be some disagreements. Tensions arise and, if left uncheck, can cause the failure of a startup. Here's a few ways to tackle this kind of disharmony head-on.
You can have 100 per cent faith that your start-up is a winner but not everybody may think so. A lot of these people's opinions won't matter but if there's one group out there you have to impress, it's the investors. Before you head in to a pitch to investors, here are five questions you should ask yourself about your business.
At the peak of his career, American industrialist Andrew Carnegie purportedly crossed paths with a journalist by the name of Napoleon Hill. Carnegie tasked Hill with interviewing more than 500 successful men and women, many of them millionaires, in order to discover the formula of their success. Here are the chief strategies and moneymaking secrets that turned Carnegie and his peers into the wealthiest and most successful business people of all time. (You may want to get a pen and paper.)
If you are a driver for Uber or ride-sharing platform Lyft, a host on AirBnB, or a "tasker" doing odd jobs on TaskRabbit, you may consider yourself what has been recently labelled a "micropreneur".
Dear Lifehacker, Last November I quit my old job and finally gained the courage to chase my dream and I am now a freelance cameraman. I am fortunate enough to have a friend inside the industry who gave me contacts so I could get work, and I immediately shot off emails with my resume. Unfortunately, I couldn't have done it at a worst time. November and December are when things wind down and I'm afraid with all the holidays they've already forgotten me. How do I remind people that I am available for hire without seeming like a pest?
Many small business experts agree that a 'chasm' exists within the early life stages of small businesses. What they mean by this is that within the first three to five years of a small business' life, it will have to undergo some significant changes to successfully develop into a medium sized business, and enter the next stage of growth. For many businesses, a major focus at this stage is raising capital. It allows them to bring on more staff, purchase equipment, reach a broader market and start turning some of those small ideas into big realities.