The 6 Drastic Changes That Take Place When You Decide To Become A Virtual Entrepreneur
There will be a lot of lifestyle and work habit changes that you need to prepare for as you transition from being around colleagues to being your own boss.
Sure, it’s quite exciting to think that you’re about to transition from being a salaried employee to a virtual entrepreneur. It gives you thrills in so many ways working for yourself and being your owns boss. Although a lot of us will agree with that idea, some will still insist that you are still an “employee” – you are your own boss and you are your own employee. No one else gets to tell you what to do and when to do it but yourself.
It’s an arguable statement for me though. Being a virtual entrepreneur, a freelancer, an independent business solutions provider, or an online contractor – whatever you call it – is hugely different from being an employee. When you’re ready to work on your own and start offering products and services to people, you’re required to plan ahead and prepare yourself for a lot of drastic changes that will come along.
1. You will no longer have the conventional working hours.
You will have to shed that 0900 to 1700 schedule, which you may find lovely at first. You’re going to feel free from the working hour’s chain in the beginning, but keep in mind that your business will be your life now. And as a business owner, you have to ready yourself to get a lot of work done, irrespective of the time of the day and how long it should take to finish.
2. Job titles will mean nothing anymore.
As an entrepreneur, you’re going to have to do a lot of roles. Your start-up may entitle you to be its Chief Executive, but it won’t give you that chance to just sit down and make contemplate on decisions the whole time. You’ll have to work your balance sheets, create your own correspondence, pitch your own product and service offerings, and design promotional material by yourself. In short, you’re going to have to learn to be a Jack Of All Trades when you start your own business.
3. Everything is your responsibility.
You’ll have no one to point fingers at when something goes wrong. No one to escalate a customer issue to, and no immediate supervisor to email when you need to sort a few stuff that bungled the result of your hard work. You’ll have no manager to commend you, too, for a job well done. It all starts and ends with you.
4. You’ll never please everybody.
Just the same as being in the office, surrounded by peers and bosses, there is no guarantee that everybody will be happy about what you do. There will be clients who will “ping pong” all the work you have done for them because they didn’t find it brilliant, even though that was exactly what you agreed on. You can at least try to make a lot of people happy with what you’re doing but someone in the corner will still be upset.
5. Your expectations will not always be met.
Prepare for the unexpected. Nothing about life – and being a freelancer – is always predictable. Even if you have mapped out a perfect action plan and schedule for your work, there will, more often than not, be unexpected bumps along the road. You have to constantly anticipate things that might loom ahead – whether they are pleasant or not.
6. Interaction with peers will be entirely different.
There will be no one physically around to rant to about how frustrating a project or a client is. You’re often isolated and it might just get you down at times. You will be swamped with shitload of work with nobody to work on it. Coordinating with a fellow freelancer about a project may also have a different dynamic. Although it doesn’t necessarily have to be bad, it’s just going to be entirely different. You need to learn to adjust… and cope with it.
There’s no denying that becoming an entrepreneur, whether in the real world or in cyberspace, us a rewarding experience. It does teach you how to become a well rounded professional and eventually deal with colleagues and clients from everywhere across the globe. However, being unprepared to face the challenges and the changes can lead to a disaster. It is always best to plan ahead and carefully think of the odds before you shed that “salaried employee” look.
Always remember, Proper Planning Prevents Piss Poor Performance.