Being your own boss means that you can work when you want, break when you want and choose what your work is going to be.
It does mean however that you are ultimately responsible for every aspect of business and not just one job description.
You can't hand a project over to another department, your boss can't step in and sort out legal complications and you if you fall sick you have to either work anyway or find someone to help you.
Instead of being amused at the incompetence of colleagues you will have to be vigilant about any services or work that is being done for you.
As an entrepreneur you will have to adjust to the fact that everything is on your desk.
Some people relish this control, especially over an enterprise that is all their own, but you need to adjust your attitude from processing to resolving.
If there is a problem you are the one that has to find a way to solve it and if you don't do a good job it's only you that has to suffer the consequences.
Running the full scope of an enterprise is very satisfying but it does require the ability to balance and manage your time.
This takes some getting used to but can be easily achieved if you are prepared to make adjustments and shuffle strategies around to get the right one for you and your business.
Something that pushes a lot of people to consider entrepreneurship is the happy thought that all of their working hours will go into building something that is uniquely their own and for their own benefit.
The flip side of this is that you can't just shut the door on your job when you leave the office.
It will now be a part of your life and who you are.
This may mean you have less time for some of your old hobbies as the business and associated activities start to take up more of your time.
You may drift from former friends even as you make new ones.
Entrepreneurship is a journey that's as much about personal growth and pushing boundaries as it is about money and job satisfaction.
You know you are making big changes, be prepared to see the impact of change across all aspects of your life.
In the workplace there is a structure of breaks designed to produce maximum efficiency in a work force.
When you are not being managed by someone else you can take breaks when you want; you can even take none at all.
Start ups always need some long hours and a good dose of real dedication.
That said it's not feasible to start working yourself into the ground since all this achieves is a marked reduction in the quality of your work.
Take care to build breaks, relaxation and healthy living into your business plan.
You are the best resource you have, don't devalue that.
On the flip side there are some people who embrace their new found freedom by having a lot of time off.
If you have quit the rat race to enjoy a semi retirement and just want a business to occupy some time now and then there is nothing wrong with this approach.
If, like most entrepreneurs, your mission is to make an enterprise as good as it can be then slacking off is a big danger signal.
You need to be able to self motivate to do the work to improve your business.
Think carefully about the lack of motivation and what could be causing it.
Do you have less than ideal working conditions, a lot on your mind or have you simply picked a form of enterprise that you just can't get excited about? Going solo in terms of work means that other aspects of your life pass into your control too.
Since you will no longer receive regular wages and the safety blanket of sick pay you must be responsible with your personal financing and make sure you have enough to cover you for all eventualities.
If money is running low one month and you have a bill coming up it's going to be down to you to bridge the gap.
If you see a great opportunity but can't really afford to get involved you will be the one that needs to work out a way to make things happen.
Being master of your own destiny isn't for everyone.
The certainty of a pay check is ideal for those whose life balance requires that stability.
If you want to be an entrepreneur then the thought of doing things on your own terms has to excite you and you should have a lot of enthusiasm for your chosen area of work.
That enthusiasm will be what gets you through many a late night and when you finally succeed it has to have all been worth it.
It does mean however that you are ultimately responsible for every aspect of business and not just one job description.
You can't hand a project over to another department, your boss can't step in and sort out legal complications and you if you fall sick you have to either work anyway or find someone to help you.
Instead of being amused at the incompetence of colleagues you will have to be vigilant about any services or work that is being done for you.
As an entrepreneur you will have to adjust to the fact that everything is on your desk.
Some people relish this control, especially over an enterprise that is all their own, but you need to adjust your attitude from processing to resolving.
If there is a problem you are the one that has to find a way to solve it and if you don't do a good job it's only you that has to suffer the consequences.
Running the full scope of an enterprise is very satisfying but it does require the ability to balance and manage your time.
This takes some getting used to but can be easily achieved if you are prepared to make adjustments and shuffle strategies around to get the right one for you and your business.
Something that pushes a lot of people to consider entrepreneurship is the happy thought that all of their working hours will go into building something that is uniquely their own and for their own benefit.
The flip side of this is that you can't just shut the door on your job when you leave the office.
It will now be a part of your life and who you are.
This may mean you have less time for some of your old hobbies as the business and associated activities start to take up more of your time.
You may drift from former friends even as you make new ones.
Entrepreneurship is a journey that's as much about personal growth and pushing boundaries as it is about money and job satisfaction.
You know you are making big changes, be prepared to see the impact of change across all aspects of your life.
In the workplace there is a structure of breaks designed to produce maximum efficiency in a work force.
When you are not being managed by someone else you can take breaks when you want; you can even take none at all.
Start ups always need some long hours and a good dose of real dedication.
That said it's not feasible to start working yourself into the ground since all this achieves is a marked reduction in the quality of your work.
Take care to build breaks, relaxation and healthy living into your business plan.
You are the best resource you have, don't devalue that.
On the flip side there are some people who embrace their new found freedom by having a lot of time off.
If you have quit the rat race to enjoy a semi retirement and just want a business to occupy some time now and then there is nothing wrong with this approach.
If, like most entrepreneurs, your mission is to make an enterprise as good as it can be then slacking off is a big danger signal.
You need to be able to self motivate to do the work to improve your business.
Think carefully about the lack of motivation and what could be causing it.
Do you have less than ideal working conditions, a lot on your mind or have you simply picked a form of enterprise that you just can't get excited about? Going solo in terms of work means that other aspects of your life pass into your control too.
Since you will no longer receive regular wages and the safety blanket of sick pay you must be responsible with your personal financing and make sure you have enough to cover you for all eventualities.
If money is running low one month and you have a bill coming up it's going to be down to you to bridge the gap.
If you see a great opportunity but can't really afford to get involved you will be the one that needs to work out a way to make things happen.
Being master of your own destiny isn't for everyone.
The certainty of a pay check is ideal for those whose life balance requires that stability.
If you want to be an entrepreneur then the thought of doing things on your own terms has to excite you and you should have a lot of enthusiasm for your chosen area of work.
That enthusiasm will be what gets you through many a late night and when you finally succeed it has to have all been worth it.
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