When you start a new business or take action on a big idea that you’ve had brewing for a while, it can be a very exciting time. You begin to get a taste of what entrepreneurship can feel like; you’re in control of your own schedule, maybe you worked for someone else and you’ve escaped the rigid 9-5 routine and you’ve become your own boss – life feels good.
I remember when I started my first business. Initially, my goal was to earn an extra $500 per month so I could afford my own apartment and eliminate the need for a roommate. Over time, my vision for that part-time local business began to grow and ultimately it became an international business that had revenues of just under 2 million.