As a teenager, I remember studying a quote from the successful businessman Farrah Gray “Build your dreams, or someone else will hire you to build theirs.”
I didn’t know who Farrah Gray was. However, her quote stuck with me.
I was aware that many individuals strayed from the norm, created their paths, took on their businesses, and succeeded – why shouldn’t I be my boss?
Today, I’ve not worked a full-time job for the past ten years.
Today, I earn a decent amount doing something I love and am highly flexible in my work schedule. I work from anywhere with WiFi (I have spent this year traveling over three continents).
How can you become yourself? Work long and hard, take your time, and stay committed. As the businessman Walt Disney once said, “All our dreams can come true if we dare to pursue them.”
In this article, I’ll guide you through a 10-step guide explaining how to become your boss at home.
Determine Why You Want to Be Your Boss
What are you looking to gain by wanting the freedom to work for yourself?
The author Christopher Morley said this is a crucial question: “There is only one success: to be able to spend your life in your own way.” So how do you go about it?
This is why it’s essential. If you can identify why you’d like to become your boss, You can imagine your ideal life and then create it.
If, for instance, you plan to be an online nomad, You may want to stay away from companies that require you to have the same time zone as their customers (because 3 am Zoom calls from Indonesia aren’t a lot of fun).
In the end, there are a lot of advantages and disadvantages to having your own business. Find out what you value the most and do not want to compromise.
Evaluate Your Situation and Skills
Before you can go to where you’re going, you must know where you are.
Here’s how to go about it. Consider evaluating your current situation and determine what it means for your ability of you to be your boss.
You must be honest. You must know the information you’re working with.
No matter what you’re facing, improving it and being your boss is possible. Like the tennis star Arthur Ashe said, “Start from where you are. Make use of the resources you have. Take advantage of what you can.”
Plan the Transition to Being Your Boss
You must then figure out how to move from your current job or study to becoming your boss. There are two routes to take:
At least save the cost of six months’ expenses. Then quit your job and leave to the fullest.
Start a side business. Once you’re making enough, take a break from your day job.
If you’re like me, you will likely want to end everything and get all in. But I can tell you from personal experience that this option is highly stress-inducing.
Also, think about creating a side business.
If you’re on top of your work or studies, but things don’t go according to plan (and first tries often do not), you’ll have some money or study to draw on.
Choose a Business Model
However, when you’re just beginning out, selecting a tried and tested business model is helpful. After all, what’s the point of reinventing the wheel?
So, if you’re searching to “be your boss ideas,” here are three top methods to become your boss, with no cost:
Freelancing Do you have any services you could offer with your current skills? It is among the best ways to become the boss of your life. It can take time to learn your abilities and grow your earnings.
Coaching and consulting If you’re an authority in an area, you could become your boss by selling your expertise and knowledge. After establishing yourself as an authority, you may also be able to sell information-related products.
Ecommerce If you’re just getting started in the business world, you can utilize a service such as Shopify to create an online site and become yourself selling goods. In addition, if you don’t have the money to put into it and you’re just starting, you can begin selling your products for free using drop shipping.
Once you’ve decided on your business model, It’s time to determine your customers and ideal clients.
Marketer Philip Kotler explains: “There is only one strategy that works. It’s to define the market you want to target and then provide an exceptional product to that specific market.”
The golden rule is Make sure you’re a in the market you want to be.
Why? Simply put, it’s harder to market something you would never buy. If, for instance, you don’t wear cosmetics and items for your hair, It would not be easy to connect with the people who buy products. If you are a fan of watches, knowing about them and having enthusiasm will make it simpler to advertise the watches.
What are your passions, interests, or hobbies? What do you know the most about? Whatever it is, you can use it to make you the boss of your life.
Identify a Problem to Solve (and Choose What to Sell)
When you better understand the kinds of people you might sell to, you must determine what issues they might have.
The more significant and mhallenging the issue you resolve and the more efficiently you can solve it – the more money your customers will be willing to pay.
For example, If you are selling pet products, it is possible to charge a higher price for a dog harness than a toy for chewing. Why? A harness can solve more of an issue for the owner than chew toys.
What are the most significant issues your target market face? What are the problems you face?
Brian Chesky, the co-founder of Airbnb and Airbnb, told me, “If we tried to think of an idea that was good and we didn’t, we wouldn’t be in a position to come up with an innovative idea. All you have to do is find the solution to an issue in your personal life.”
Here’s the way to become your boss. Find an issue and then sell the solution.
Get Set Up
IMaking some sales and ensuring your business idea is viable before investing your hard-earned money. is safer.
Therefore, avoid spending money in the event of a need to finish it. Even then, make sure it’s to a minimum. For instance:
Are you in need of a site? Do not hire a costly web designer. Sign up for Shopify’s trial offer for free.
Do you want to sell products on the Internet? Don’t buy inventory upfront; dropship your products using DSers.
Are you looking to build an office in your home? Do not go to IKEA now – you can reorganize your furniture.
Do you need to buy equipment? You might consider borrowing or hiring them right now.
Once you’ve moved into your new home and settled in, it’s time to make your home look more attractive.