DIGITAL STARTUP SOCIETY BLOG

As a small business owner, you need to be prepared when things go wrong. If you’re aware at all of “Murphy’s Law,” then you know that if something can go wrong, it often will. Well, it’s not true, but it’s good to pretend that it’s true so that you’re prepared for when things do go wrong. Make no mistake, things will go wrong. Being prepared doesn’t mean you’re not optimistic, it just means that you’re ready – which ironically means you can be more optimistic.    Just remember things happen. You may lose power, your computer may stop working, your...

One issue with working for yourself, from home, is that some people end up feeling very isolated and even bored. This might especially be true in the early days of building your location- and time-independent business since you’re probably not dealing with clients that often on a one-to-one basis. Instead, you are dealing with a lot of numbers and technology.     Yet, you are still having to do the daily grind because you’re not yet making enough money to truly be all that independent and free. No worries; there are many ways you can overcome that feeling of aloneness when...

As you plan your ideal business that enables you to live your dream life, it’s important to think about what is important to you. For some people, time freedom is just as important as the ability to work from anywhere because they really want to be not only free of the constraints of the clock, but also the restraints of borders.    If you want to be able to travel or live remotely in an RV or something else fun and alternative, that should be something you think about when you are in the planning phase of your business. To...

While growing a business is exciting, it can also be very stressful if things move too fast, and it grows too quickly. You may make more mistakes, some which can cause serious problems with your customers’ satisfaction, which can rub off on future sales.    Too Easy to Lose Track of Your Finances   One of the most important parts of your business has to do with your accounting practices. If you aren’t on top of that information, if you have fast success, you may owe a lot of money quickly for taxes and possibly even need to upgrade your...

A bottleneck is just a term that describes the slowing down of productivity. If you look at a coke bottle, the neck is smaller than the bottle. The term signifies that a slow down or even a stoppage is occurring at a certain place in the plan you’ve implemented. Bottlenecks can occur at every stage of a business, from development to purchasing to marketing, and everywhere in between.   Set Your Goals   The best goal-setting process ensures that every part of the project is planned and organized in a meaningful way. You will know exactly what the product looks...