I was self-employed for 1 year plus and now have joined the workforce again. I wouldn’t say I quitted but its more like a ‘break’ from all the mental torture.
First, I was locked with debts left-right and I had to suffer alot due to sleepless nights, constant fevers and worrisome thoughts. All due to lacking of Vitamin M.
I had started a small company doing graphic and web design (and still is). Most of my clients were from my previous company, thanks to my rapport with them, they prefer me than others to service them. It was very difficult to come by the months of being your own boss despite supports from existing clients. I had to source for new projects to keep surviving. It was tough but I carried on until 1 year.
My debts kept on piling up higher than our twin towers. I had no choice but to ‘convert’ my business to a freelance business. I now can breathe easily, for the time being, all for the sake of settling my debts. I also need to save up for my wedding next year so I really had no choice but to re-join the workforce being an employee.
THe lessons I learnt:
Make sure you have enough reserves b4 starting your own business. There is no such thing as zero-capital. Even the Internet connection needs to be paid monthly.
Be certain about the kind of business that you are venturing. Be in the know of the latest happenings and limitations that you may face once you are in the business, to be prepared for any ‘surprises’
Find a seriously good partner whom both of you can comfortably work with. Find someone who can motivate you and vice versa. It is very important to have supportive partners whom you can rely on and work towards the company’s goals.
Make sure you clear all your debts b4 starting your new business. You may be making the money from your new biz but if the money made is to pay debts, then it is not a healthy thing to happen. You will soon be demotivated to carry on further on the business.
Think long term and plan your way towards achieving your company goals. Failing to plan is planning to fail.
Wake up early in the morning to start your work. Have enough rest and exercise to stimulate the brain. Healthy brain = more money-making ideas will come.
The above are just my 2 cents. I would like to write more but cant think of many. At least, I have savored the life as my own boss, managing projects, partners and clients to manage the business. I am not giving up but in the pipeline, I will eventually ‘convert’ back my freelance business to a full-time company.
To all aspiring entrepreneurs, have a vision and work towards it. Stay focused in everything you do and dont let negative elements affect you. If everything else fails, be an employee again and give yourself some time to regain what you lost. Life goes on no matter what.




