WINK Models' Taryn Williams says it's important to find a balance between your work and your personal life because you want to avoid becoming burnt out.
Don't stand in the way of your own success
It's tempting for the founders of small businesses to want to be involved with everything their companies are doing, but that creates a huge reliance on one person. A better idea is to learn how to offload some responsibility, and to trust that your team will solve problems on their own.
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Balancing personal a business finances can be a challenge, especially at a time in your life associated with lots of big-ticket spending.
One important thing to remember is that a business is successful if revenues exceed expenses – not if you're giving yourself a huge paycheque.
Starting a business isn't easy, and it's difficult for new business owners to know what they should be doing to make things easier for themselves.
It's difficult to be across every aspect of your business, so there are some people you should be aware of if you're looking to up the odds of your success.
EDITOR'S CHOICE
VOICES
As an entrepreneur you should have confidence in your ideas and ability to make decisions, but guess what? It's everyone else's job to put you through your paces.
Procurement is experiencing a meteoric rise to prominence, with over 2.5 million active professionals working in a procurement role across the globe.
For small businesses and startups operating on a shoestring, even small savings can make a big difference to the bank balance at the end of the month and the bottom line at year’s end.