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A one-person band can’t play every instrument.
Key points
- Many folks with simple side hustles or who freelance don’t need complicated business structures when just starting out.
- There are many trappings of a business that simply aren’t necessary at first — or, these days, at all.
- Pace yourself and delegate tasks when possible. It’s hard to do it all yourself, all at once.
When I made the decision to strike out on my own and build a small business, I was excited. Like, really excited. So excited, in fact, that I dove in head first, eyes closed, all engines at full blast.
Boy was that a mistake. Actually, it wound up being many mistakes.
You see, I thought that building a business meant having all the trappings of one. Unfortunately for me, those trappings were expensive. And even worse, it turned out I didn’t even need most of them (at least not yet). Here are some of the blunders I wasted money on in…
