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10 Things No One Told You About Being Your Own Boss

Sure, it sounds awesome, but it's not easy.

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1. Your small business probably won't make a profit its first year.

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It takes money to make money, and in your first year, unexpected expenses will be your worst enemy. Be prepared to spend, and don't get discouraged.

2. Your own private office might be costing you valuable brainpower and experience.


Having your own office may provide an added layer of professionalism, but what you gain in meeting space, you're losing in cross-company collaboration. Surround yourself with hardworking, devoted companies.

4. Handwritten letters make a difference.


We live in a world of emails where quick responses are essential. But don't forget the significance of a handwritten letter, especially to those employees or investors that really matter.

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