How to Create a Billion-Dollar Business on a Budget | Hacker Noon

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'How to Create a Billion-Dollar Business on a Budget' by tradingboston entrepreneurship startuplessons

I had just had a stress-related heart attack, due in part to my habit of working 70+hrs/week. This was swiftly followed by a six-figure divorce, due in part to my habit of working 70+hrs/week.

Listen, I’ve been there. I have made mistakes. I renovated my first house myself, cutting costs by doing the tiling, painting, bathroom, lounge and kitchen. No, you can’t drive around and have a look, as the house isI also used to do my own bookkeeping and my own tax returns, using a giant green ledger book with sixty columns and an HB pencil. One year I received a bill from the tax office.

This can be as cheap as $15/week, and provides employment for someone else, even as it allows you to do more productive things. You will feel like a benevolent billionaire in no time when you have the ability to prosper your team as well as yourself. ScheduleOnce can sync with Paypal for online credit card payments and banking; this is an optional extra. Kintell has its own payment system, as well as its own integrated video conferencing software for virtual meetings. Kintell is slightly more expensive but is a user-pays model, so it costs you nothing until you use it, whereas ScheduleOnce and others may requireEven if you didn’t work from home before COVID19, know that flexible working is totally “a thing” now.

I spent six hours a day in my business, working only whilst my children were in school, and taking Fridays off, so every weekend was a long weekend.My “24hour” per week business created more revenue than my previous 70hrs/week business, due in part to having better systems and less stress. More focus meant that business was more effective: think more like a laser beam and less like a sunbeam.

 

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