I was dangerously motivated and stupid enough to feel like a genius, not listening to others.
I had some saved money and dreamed of owning my business. I was eager to make money, so I started my photocopy business outside my college campus.
SUCCESS! I owned my business, I was happy. I was making a little bit of money, which made me “kind of happy!”
So, I started my journey:
I hired my first employee… he stole from me — I had to jump in.
Second employee… he never came back — I had to jump in.
Third employee… he was jerk — I had to jump in.
Fourth employee… he had an attitude — I had to jump in.
The copy machine failed — I had to jump in.
Problems with suppliers — I had to jump in.
Couldn't afford a bookkeeper — I had to jump in.
Needed extra toner — I had to jump in.
An angry customer — I had to jump in.
Monday — I had to jump in.
Tuesday — I had to jump in.
Wednesday — I had to jump in.
Thursday — I had to jump in.
Friday — I had to jump in.
Saturday — I had to jump in.
Sunday — I had to jump in.
REPEAT the same problems over and over again — I had to jump in.
Long story short… It became a nightmare!
I quickly became a slaved of my own business from Monday to Sunday!
I didn't have a life. I didn’t have a business. I was losing money. I was full of problems. I was failing in college. I wasn't having fun.
To answer your question:
Without the right business strategy, process and procedures in place, starting your own business will NOT become only become a rat race… it will be 100X worse… it will enslave you!
We start our own businesses with a dream… be smart, strategic and careful, that your dream doesn't become a nightmare!