One month of flying

It has been a month since I started working in my own business. My former employer has been very kind and let me explore this while on a leave of absense, i.e. I have somewhere to return to.

This Monday I sent my first large invoice to my biggest customer. Now, time to wait for the next pay. What have I learned this far?
  • Bookkeeping - there are a lot of receipts to handle, especially when starting. Insurances, web servers, car insurance, etc.
  • Working from home - it works fairly well for me. I've come up with a scheme to keep myself motivated and actually working. However, a simple business lunch now takes three hours instead of one.
  • Money takes time - I've been given offers, signing deals, working more than ever, and my next pay check is still not due until mid January. Worth thinking about.
  • Time is not money - at least not yet. By being self employed I'm so much more flexible so that I get more quality time with my family, while making the money that I need (and some extra, but I guess that is for future expenses).
So, one month done, many more to come. This far, I'm looking forward to work every day.


At 1:47 PM, Blogger Jan said...

I envy those that have the courage to step away from a "normal and safe" job (but what job is really safe today?) and start an own business. If I had more balls I'd do the same. :)

Good luck with your company!

At 2:12 PM, Blogger Gopala Krishna said...

Nice to hear! Hope you prosper :)

At 2:21 PM, Blogger AnneW said...

I'll pass on the one really important tip given to us when my husband and I started our own company - cashflow is all. People are happy to give you work, willing to agree to terms, but strangely forgetful about the dates on which they must pay up!

Good luck, and all the best.

At 3:45 PM, Anonymous Daniel Stenberg said...

Hey Johan,

I can only concur with the all the papers and time spent on non-work things when you startup your business. Just having done such a jump myself I fully understand where you are...

At 9:34 AM, Blogger Vinay Deshpande said...

Best of luck with your company!


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