There’s a certain allure that comes from running your own business and working for yourself. We’ve all been seduced by the supposed freedom that comes from this type of work and self-employment is regularly touted as the surest way to riches. The media glorifies this hustle and grind and it seems like everyone and their cat calls themselves an ‘entrepreneur’ nowadays!

Look, I get it.

This narrative isn’t wrong, per se, but the truth is that self-employment is also incredibly challenging, exhausting and exhilarating. The highs are higher and the lows are lower, which is undoubtedly part of the thrill.

If you’ve spent even a hot sec on an inspirational entrepreneurship Instagram account, you’ve come across the quote “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.”

I’ve built my business to a stable and profitable place, but in all honesty I got here by trial and error. Looking back, there were definitely ways that I could have prepared ahead of time so that when I started out on my own, it wouldn’t have been so daunting and touch-and-go.

Today I’m sharing 5 tips for anyone who is considering making the leap into self-employment.

Whether you plan to start a services-based business or sell products (physical or digital), I hope that these suggestions give you something to think about before taking the plunge.

Let’s take a look, shall we?

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