Could you be tempted to re-run the rat race?

by Peter Crocker It’s easy to get the impression that everyone in corporate land is quietly plotting their escape from the rat race to run their own business. But, it’s not a one-way street. In Flying Solo’s last Understanding Micro Business survey, 90% of business owners said that they would not seriously consider working for someone else, even in a …

It’s time we celebrated the freedoms of soloism

by Peter Crocker Running your own show comes with plenty of challenges. But here we pause to celebrate the exhilarating freedom, flexibility and control that come from being your own boss. Flying Solo’s community survey consistently tells us the top four things that appeal to those setting up their own business are flexibility (18 per cent), control (17 per cent), working from home (13 …

Beware the ‘man with the gun’ in your business

by Peter Crocker What if there was someone in your business with the power to bring down the whole shooting match? Chances are there is, and it’s critical to know exactly who has their itchy finger on the trigger. The ‘man with the gun’ concept was introduced to me in an interview with Robert Mallet from the Tasmanian Small Business Council.

“Shove it, Jack, I’m walking out the door!”

by Peter Crocker “Stick at it!” “Don’t give up!” “If at first you don’t succeed, try and try again!” While dogged persistence is generally a trait to be admired, there are times when bowing out is a far better option. Not to mention a whole lot more fun. A couple of memorable moments from my career are times when I’ve …

Four common home-office interruptions

by Peter Crocker Why do you never hear this at the front door of an investment bank? “Yoo-hoo … anybody home? I was in the area, thought I’d pop in for a quick cuppa!” In our recent Performance, Productivity and Profit webinar (replay online), performance guru Andrew May cited findings that the average worker is interrupted every three-and-a-half minutes, and that the …

Caution: Career change ahead

by Peter Crocker Whether you’re loving, loathing or just knee-deep in building your business, it’s easy to forget that it won’t last forever. During a recent family holiday, we met up with a couple that we hadn’t seen for a few years. What they’d achieved in the intervening years made me feel like I was standing still!

What stops you starting your own business?

by Peter Crocker A friend recently completed his first successful year as a solo business owner. His synopsis: “Why didn’t I do this sooner?” Well, there are lots of reasons that stop people starting their own business. While the Flying Solo community is buzzing with established entrepreneurs, we know that there are also thousands of aspiring business owners lurking, learning …

What makes you start your own business?

by Peter Crocker I always had a desire to work for myself one day. If you’re reading this, you probably did too. But for me, when it came to taking the plunge, it was a total knee-jerk reaction with no inkling of a business plan. Is that the norm or the exception? A few years ago I argued that, there’s …

Backyard studios: Do they work for work?

by Peter Crocker I moved house, and therefore office, earlier this month. Inside there’s plenty of competition for bedrooms and, with three wardrobe-hogging girls circling my precious office, I could be banished to the doghouse. But should I go? We know from the Flying Solo Understanding Micro Business, 2008 survey that 69% of Flying Solo community members work from home, but just where in …

11 ½ resolutions to break in 2009

by Peter Crocker Okay, so they’re easy to make and virtually impossible to keep, but with every New Year comes resolutions. At Flying Solo we put our heads together and came up with these 11 ½ practical resolutions for micro business owners. Here comes 2009! Go and put the kettle on and get set to make some big promises.

Business quoting: 10 secret line items revealed

by Peter Crocker The world of big business is renowned for mysterious fees and charges. But here amongst small business, the use of hidden line items is running rampant! Here’s an exposé of the black art of business quoting. When a quote comes in for $675+GST, it’s comforting to think that it’s worked out using some neat formula based on …

Everybody runs their own business

by Peter Crocker Whether you’re leading a team from the corner office, crafting clothes from the kitchen table, working in a shop or bringing up children, I hereby declare you a solo business owner. You are the CEO of You Inc. Life’s big challenge, just like in business, is turning the limited resources available into something we find rich and …

It’s a wonder anyone starts a business

by Peter Crocker When talk turns to starting your own business, there’s never a shortage of someone to tut-tut to themselves… “Most small businesses fail you know.” “Never go into business with family.” “Don’t borrow from friends.” “Don’t work with your partner.” And so it goes on. True, it’s quite possible that it won’t work out. So based on this …

Sometimes I really miss my boss

by Peter Crocker You stroll into your boss’ office, flick your resignation letter nonchalantly onto the desk and explain precisely what they can do with their stinking job. Then you swan out to the cheers of your workmates. Or so goes the fantasy. Much of the appeal of working for yourself is escaping the annoying, incompetent and/or bullying bosses that …

Five things I’m glad I did

by Peter Crocker In an earlier article I listed four things I wish I’d done from day one of my solo business. This time, on a more positive note, I’m looking at five things I’m glad I did.

Four things I wish I’d done

by Peter Crocker Hindsight is a beautiful thing, isn’t it? I’ve been in my solo business for five years now and in looking back, can see four simple things that I wish I’d done consistently from day one.

The highs & lows of working for yourself

by Peter Crocker Working for yourself from home is often glamorised as a life of freedom, leisure & balance. A world where shiny silver laptops roam free and hours are spent at the beach. But what’s the reality? And is it all worth it? It’s Wednesday 11.30am and the sun is shining. I’m perched on the grass covering the headland …

When to start your own business

by Peter Crocker How do you know exactly when the time is just right to take the plunge and start your own business? The answer is surprisingly simple: never. There will never be a day when you cross the last task off your list and say “Great, that’s all done – time to work for myself.”

The joy of starting a side business

by Peter Crocker “Ditch the corporate job and go it alone” they say “Life is not a rehearsal!” But realistically, it’s hard to chuck in a good job. Have you considered starting a side business? Many people dreaming of starting their own solo business are independent professionals – essentially they sell their expertise and time for a fee. To gain …