Chelsea Singh knew from when he was practically a child that he was going to run his own business one day, and that being employed was simply not an option.
For others, they may start in a more normal route of employment and then later in life decide they want to try their hand at striking out alone.
So what sort of traits and skills does it take to run your own business?
Arguably, the most important traits in someone who is going to start up and run their own business are discipline, a thick skin and determination.
In this article we will explore the first of these; discipline.
A business owner needs discipline
This is absolutely critical for people just starting up. It’s so easy to slump down to the home office in your pyjamas, then spend the morning making coffee, doing the laundry, tidying up – basically anything other than getting on with work. Then, as the days go by and there’s no one else there, punctuality slips and soon you’re rocking up at 10.30am and taking three hour lunch breaks.
This sort of behaviour a successful business will not make.
To get your business up and running and not vanishing into nothingness before you’ve even gotten started, you need to have discipline. Each of us has different levels of natural discipline, but there are a few habits and patterns you can train yourself into to help.
Here are a few tips for getting your habit of discipline into place:
- Get dressed as if you were going to the office, even though the only person who’s going to see you is the cat. This has a huge mental impact and helps separate ‘work’ time from ‘home’ time.
- Be strict about hours. Have a specific start time and – and this is much more important than you may think – finish time. And decide on a lunch hour, that you take at the same time every day. Don’t be late and don’t stay for hours of overtime every day. Doing overtime is fine if it’s necessary as a one off, but it shouldn’t be a habit.
- Have monthly meetings with someone where you have to explain what you’ve achieved that month and what your targets are for the next month.