This is the 3rd blog in our series of 10 excellent guest blogs every Monday here on The MYOB Show blog. The series of blogs are written by Ed O'Neill - a successful business man and MD of NE Language Project.
Top tip 3: Manage your expectations
Set realistic targets and goals for what you think you can achieve, especially if you are just starting out. If you come from ‘a secure job’ you may feel like you ‘deserve’ to earn at least the same money as you did in your job. It may not work out that way. Expect that it will be difficult and give yourself as little pressure as possible to make it.
Seek support from friends and family initially, you will need as much support as possible. The first years will be an educational process rather than a route to fame and fortune. You will make it, just not tomorrow! Expecting too much and getting demotivated is one of the reasons for an eventual business failure as explained earlier.
Come back to The MYOB Show blog next Monday at 12:00 for more business advice.
Blog by ED O'Neill MD of NE Language Project.
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