Starting a Business is Easy: The 30-Day Blog Challenge, Day 4Posted by Jessica Oman
The hard part is deciding to start a business.
It’s scary. It means giving up job security, paid vacations, a guaranteed cheque twice a month. When you decide to launch a new business, though, you’re also taking control of your life. You’re telling the world that you don’t need to depend on another person or a company to support your lifestyle. You’re going to do it yourself. It can be a really liberating feeling…
…until you sit down to write that business plan! Yikes!
If you’re planning a location independent business, you have a number of careful considerations to make, and plenty of pros and cons to weigh. Natalie talks about some of those in her blog, but also raises an important question:
What is your definition of location independence?
It might mean working from home. Or travelling the world and making money on autopilot (yeah, right). Maybe it just means not having a physical office, or choosing your own hours of work, or doing all of your work via Skype and online.
What “Location Independent” Really Means
I’m actually really comfortable with having a physical headquarters for Write Ahead. It’s more important that I can work from anywhere than it is for my business to be virtual. In fact, having a real office space has brought a lot of credibility to the business and has even helped us land new clients. So for me, “location independent” means that no matter where I am in the world, I can still help my company grow back in Vancouver.
Yes – that’s in our business plan, and your definition of location independence should be in yours, too. Put it right up front in your Business Overview section, and reiterate it in your Executive Summary. There’s no reason to hide or feel guilty about it. You’re creating this business for YOU. By deciding to go for it, you’ve already achieved the most difficult milestone.