How To Be Your Own Boss: 10 Simple Steps To Make Money

Want to be your own bos ? I feel ya .
In my teens, I remember reading a quote by the businessman Farrah Gray : “ Build your own dreams, or person else will hire you to build theirs. ”
I had no idea who Farrah Gray was, but the quote adhere with me .
How to Be Your Own Boss: Farrah Gray Quote

I knew that countless people went against the norm, carved their own path, and worked for themselves successfully – thus, why couldn ’ deoxythymidine monophosphate I be my own foreman excessively ?
today, I haven ’ deoxythymidine monophosphate had a regular job in more than 10 years .
These days, I earn dependable money doing something I enjoy, have a super flexible work schedule, and can work wherever there ’ s WiFi ( I spent last year traveling across three continents ) .
If you ask me, being your own boss is awesome .
then, how can you be your own boss ? In brusque, work heavily, learn lots, and adhere with it. As the entrepreneur Walt Disney once said, “ All our dreams can come true, if we have the courage to pursue them. ”
In this article, I ’ ll contain you through a 10-step guide that explains how to be your own knob from home plate .
Let ’ s honkytonk in .

1. Determine Why You Want to Be Your Own Boss

Why do you want to be your own foreman ?
This is an crucial question – the writer Christopher Morley said, “ There is lone one success : to be able to spend your life in your own way. ” So, what ’ s your way ?
possibly you want to :

  • Earn more money
  • Create the exemption to live and work anywhere in the earth
  • Develop a flexible exploit schedule so you can spend more time with family
  • Do work you ’ re matter to in and enjoy
  • Pursue a passion

here ’ mho why this matters : When you know why you want to be your own foreman, you ’ ll be able to design your ideal life – and then make it happen .
For model, if you want to become a digital nomad, you may want to avoid businesses that require you to be in the same timezone as customers ( because 3 am Zoom calls from Indonesia aren ’ t much fun… ) .
In compendious, there are many pros and cons of being your own foreman. figure out what you want most and what you don ’ metric ton beware compromising on .
How to Be Your Own Boss: Christopher Morley Quote

2. Evaluate Your Situation and Skills

Before you can get to where you ’ re going, you need to know where you are .
therefore, take stock .
here ’ s what to do : First, evaluate your site and how it will affect your ability to be your own bos. For exercise :

  • Do you have a family to support ?
  • How much are your monthly outgoings ?
  • Do you have some savings to fall back on ?
  • Do you have any money to invest in your newly commercial enterprise ?
  • How much clock time can you devote to learning how to be your own boss ?
  • What responsibilities take up lots of your fourth dimension ( for example, studies and children ) ?

Get clear on your site. then, evaluate yourself :

  • What skills do you have ?
  • What are your strengths and weaknesses ?
  • Do you find it difficult to stop procrastinate ?

Be honest with yourself – you need to know what you ’ rhenium working with .
But don ’ deoxythymidine monophosphate beat yourself up .
It doesn ’ triiodothyronine matter what your situation is – you can improve it and become your own party boss. As the tennis supporter Arthur Ashe said, “ Start where you are. Use what you have. Do what you can. ”
How to Be Your Own Boss: Arthur Ashe Quote

3. Plan the Transition to Being Your Own Boss

next, you need to work out how to transition from your job or studies to being your own emboss. There are two main routes :

  1. Save at least six months of expenses, quit your job, and go all in .
  2. Start a side hustle, and when you ’ rhenium earning enough money, quit your day job .

If you ’ re like me, you ’ ll probably want to quit everything and go all in. however, I can tell you from experience that this path can be fabulously nerve-racking .
so, consider starting a side hustle .
If you keep up with your studies or job and things don ’ triiodothyronine cultivate out ( and first gear tries frequently don ’ t ), you ’ ll still have an income or studies to fall back on .

4. Choose a Business Model

There are countless “ be your own boss jobs ” out there .
But when starting out, it helps to choose a tried-and-tested business model – after all, why reinvent the bicycle ?
so, if you ’ ra looking for “ be your own knob ideas, ” here are three of the best ways to be your own emboss with no money :

  1. Freelancing : be there any services you can provide with your current skill set ? Freelancing is one of the best ways to be your own foreman. however, it can take fourth dimension to develop your skills and increase your income .
  2. Consulting and coaching : If you ’ re an adept on a topic, you could become your own boss by selling your cognition and know. Plus, once you ’ ve established yourself as an authority, you could besides start selling information products .
  3. Ecommerce : If you ’ re newfangled to business, you could use a service like Shopify to set up an on-line store and be your own bos sell products. Plus, if you don ’ t have money to invest upfront, you can start sell products for free with dropshipping .

How to Become Your Own Boss with Oberlo

5. Determine Your Target Market

You can ’ metric ton be your own boss without customers .
then, once you ’ ve chosen a business model, it ’ sulfur prison term to identify your prey commercialize – your ideal customers .
The seller Philip Kotler explains : “ There is only one winning strategy. It is to carefully define the prey market and direct a ranking offer to that target grocery store. ”
hera ’ s the fortunate rule : Make certain you ’ rhenium part of your target market .
Why ? In short, it ’ sulfur more difficult to sell something that you wouldn ’ deoxythymidine monophosphate buy yourself. For example, if you never wear makeup or hair products, it would be challenging to relate to people who purchase them. But, if you love watches, your cognition and love would make it far easier to promote them .
so, what are your interests, passions, and hobbies ? What do you know a bunch about ? Whatever it is, use it to help you become your own emboss .
How to Become Your Own Boss: Philip Kotler Quote

6. Identify a Problem to Solve (and Choose What to Sell)

once you understand the types of people you could sell to, you need to identify a problem they have .
Every business solves a problem :

  • Mechanics fix break cars
  • television receiver shows cure boredom
  • Sunglass brands assistant people to express themselves and see better in cheery weather

now, the larger and more irritating the problem you solve – and the better you solve it – the more money customers will pay you .
For example, when selling positron emission tomography supplies, you could probably price a chase harness higher than a chew toy. Why ? A harness would solve a larger trouble for an owner than a chew plaything .
What problems does your target grocery store have ? What problems do you have ?
Brian Chesky, the co-founder of Airbnb, said, “ If we tried to think of a good idea, we wouldn ’ t have been able to think of a good idea. You equitable have to find the solution for a trouble in your own life. ”
In perfume, here ’ s how to be your own party boss : Find a problem and sell the solution .
How to Become Your Own Boss: Brian Chesky Quote

7. Clarify Your Business Plan

At this point, you should have a simpleton business plan that you can use to become your own boss. You should know :

here ’ s an case :

  • Business model : Dropship products on-line
  • Target market : young fashion-conscious women
  • Problem : They want new ways to express themselves and stand out from the crowd
  • Solution : Sell dresses on-line that are singular and attention-getting

now ’ s the meter for natural process .

8. Get Set Up

It ’ sulfur time to break ground and get set up .
now, it ’ randomness dependable to land some sales and make certain that your business idea works before you invest your hard-earned cash .
thus, don ’ t spend money unless you absolutely must – and even then, keep it minimal. For exemplar :

  • Need a web site ? Don ’ triiodothyronine rent an expensive couturier – sign up for Shopify ’ s detached trial .
  • Want to sell products online ? Don ’ t purchase inventory upfront – dropship products with DSers .
  • Want to set up a home position ? Don ’ t pass to IKEA just even – rearrange your existing furniture .
  • need to purchase tools ? Consider adopt or hiring them for now .

Be Your Own Boss Ideas: Sell Products on Shopify
Okay, once you ’ ve moved in, it ’ randomness time to decorate .

9. Develop Your Business Identity

now comes the fun part : post ! But before you design a logo, you need to develop your stigmatize ’ second identity .
Okay, but what is a post precisely ?
Amazon founder and CEO Jeff Bezos said it best : “ A stigmatize for a company is like a repute for a person. ”
You can influence this repute by the way you present your post. For exercise, the graphic under shows how colors relate to emotions and how businesses use this connection to position their brands .
Be Your Own Boss: Branding Color Psychology
so, what type of post will your aim market resonate with most ? Funky and fun ? Modern and sleek ? Loud and bold ? silence and minimal ?
Whatever it is, take the time to define your brand. then, start working to become your own knob :
Be Your Own Boss: Create a Logo with Hatchful
Remember, you inactive don ’ thyroxine know if your clientele plan will work even .
so, keep it simple and move promptly – you can constantly improve this material belated on. As Facebook COO Sheryl Sandberg said : “ Done is better than perfect. ”
once you ’ re ready, it ’ randomness time to find some customers so you can be your own boss !

10. Start Marketing to Land Sales

now comes the challenging separate : Putting your business to the examination by trying to get some sales .
There are tons of ways to grocery store your merchandise or avail, but some methods are more become to a bootstrapped occupation .
here are four internet market methods that you can use to get sales and be your own boss on-line :

  1. Social media marketing : Attract your target market on social media channels by sharing content and engaging with individuals personally .
  2. Direct outreach : scour Facebook groups, Twitter profiles, and Instagram hashtags to find people who might be interest in your product or service. then, strike up a kinship and let them know about your commercial enterprise .
  3. Influencer marketing : Reach out to influencers whose followers match your target grocery store. then partner with them to promote your product or servicing to their consultation .
  4. Paid advertising : run paid advertising campaigns on Facebook, Instagram, google, or YouTube .

If you land some sales, capital ! It ’ mho time to scale up your commercialize efforts .
But what if you have zero sales ? here ’ s what to do :

  • Review your web site to increase sales
  • Improve your market
  • Reach out to people in your target market on social media and ask for feedback on your merchandise or service
  • Find a better solution to a bigger trouble


Start selling on-line nowadays with Shopify

Start your free trial



Summary: How to Become Your Own Boss

With a good design, some difficult employment, and continuity, you can learn how to be your own party boss .
There are many benefits of being your own party boss, such as increased freedom and getting to work on something you enjoy. As Apple ’ s founder Steve Jobs once said, “ Your time is limited, so don ’ deoxythymidine monophosphate waste it living person else ’ south life. ”
In drumhead, if you want to learn how to become your own boss, hera ’ s a 10-step guide to follow :

  1. Understand why you want to be your own foreman
  2. Evaluate your situation and skills
  3. design the switch to becoming your own knob
  4. Chose a rise business model
  5. Identify your target commercialize
  6. Find a problem to solve and sell the solution
  7. Clarify your business ’ south foundations
  8. Create a brand that resonates with your target market
  9. Set up your business – for example, build your web site, etc .
  10. Start marketing your product or service to land sales

last, if your first attempt doesn ’ deoxythymidine monophosphate work out, don ’ thyroxine concern. It doesn ’ thyroxine mean you’re a failure – it just means you need to try again. After all, bankruptcy is just feedback .
Why do you want to become your own knob ? Let us know your thoughts in the comments below !
Start selling on-line now with Shopify

Start your free trial

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Category : Finance

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