Tips for Small Business Owners from Bosses Who've Been There

Call it Side Hustle Season. A whopping 87% of women surveyed in the 2016 Global Entrepreneurship Monitor Canada Report indicated interest in starting their own businesses and, according to Statistics Canada, more than 1 million Canadian women were self-employed as of 2018. Instagram and Etsy are full of bad-ass bosses building entrepreneurial empires—and new pages pop up every day.

Lesson #2: Always budget time for disasters “We made the mistake of assuming things will always go according to plan, but now we’ve learned the importance of adding buffers to give ourselves breathing room,” says Connie Lo, co-founder of NIU BODY.

Lesson #5: You’re allowed to say no “My biggest mistake along this journey has been saying “yes” to every project that came our way,” advises Ashley Montgomery, found of Ashley Montgomery Design. “Sometimes you know right off the bat that a prospective client is going to cause you nothing but problems and the money just isn’t worth it. Those clients can leave you feeling like you don’t know what you’re doing and leave you questioning if this is the right career path.

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