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Jun 26, 2019 17:05:24

Caught up in the "Idea" of owning a Business

by @jacklyons PATRON | 271 words | 🐣 | 127💌

Jack Lyons

Current day streak: 0🐣
Total posts: 127💌
Total words: 42165 (168 pages 📄)

I've been freelancing full-time for about 12 months now and I love it. It allows me to be completely flexible with my schedule and work when I want to work. However, I'm slowly starting to realise that my time can only scale so far. By that I mean a.) I realistically only have the mental capacity for 30-40 productive hours of work in my week; and b.) my hourly rate can only rise so high before clients start saying no.

That leads me to the obvious next step: starting a business.

Ever since I got into web development I've yearned to start a business and build something on my own. I wanted to be (and still want to be) an Indie Hacker who makes money online, call myself the CEO and simply code whenever I wanted to code. I get so wrapped up the idea of "having a business" but never actually had a real problem to solve.

To this day, I'm still somewhat torn. I really would love to have a business and build something awesome that I can earn a living from. However, I feel as though I need to step back and ask myself if I want a business because I actually have a burning desire to solve a problem, or if it's to make money, have freedom and live a comfortable life?

Most people who get into something for the money tend to burn out eventually. On the other hand, those who are in it for the desire to help solve problems and have a genuine love for what they do tend to last well beyond their retirement years...

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    @jacklyons I've been a mentor to entrepreneurs for more than 10 years would be happy to share some web resources with you if you are interested. You can find out a bit about me at www.oledog.com.

    Mike Byrnes avatar Mike Byrnes | Jun 26, 2019 18:14:42
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      Thanks @mikebyrnes ! I'll definitely check out your site and I'd love to keep in touch!

      Jack Lyons avatar Jack Lyons | Jun 26, 2019 18:35:41
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      @jacklyons @mikebyrnes - Where do we sign up for some mentoring?

      Brian Ball avatar Brian Ball | Jun 26, 2019 19:30:46
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