Brute Force or A Gentle Touch

  “Happiness is like a butterfly: the more you chase it, the more it will elude you. But if you turn your attention to other things, it will come and sit softly on your shoulder.” Photo Credit Sometimes it seems that the harder you try to chase something, the further it moves away from you. … Read more Brute Force or A Gentle Touch

How I Wrote And Published 4 Books on Amazon in One Month

I don’t really believe in advertising as a valid, long-term monetizing strategy for a blog. There are more cons than pros, if you take the time to really look at it. Yet, many bloggers are rushing towards advertising and fill up their blog real estate with tons of banners and then dumbly wait for money … Read more How I Wrote And Published 4 Books on Amazon in One Month

77 Business Tips For An Online Entrepreneur

I had an online business for 10 years. I made a successful exit a year ago and I still keep an active eye on the market. The following business tips are actually pieces of my own experience, broken down in several areas: projects, strategy, team, money and partnerships. Feel free to add your own in … Read more 77 Business Tips For An Online Entrepreneur

Handling Financial Pressure

Now, more than ever, a lot of people are faced with financial pressure. This is what a crisis should be about, anyway. Companies are cutting jobs, people are losing houses and the global economy seems to be falling down. I’m not going to talk about the reasons for this crisis, as I will try to better focus a little about the immediate reality and how I faced similar situations.

Being an entrepreneur is something that, among other interesting stuff, is giving you a lot of financial pressure. Getting from a monthly pay check (in exchange of some time spent in an office) to a complete reverse of the situation, when you have to take your money from the clients (if you do your job well and on time), huh, that’s quite a roller-coaster. It’s a serious comfort shake and it requires a lot of extra energy spent on the financial side. And it is not only your money that’s on the plate, you’ll need money for office rent, for utilities like electricity, internet access, for advertising and promotion and so on. Not to mention your employees or partners. You will have to manage a whole new level of cashing and spending. And believe me, this is a tremendous financial pressure.

When I started my own business, 10 years ago, I faced this like a train hitting a wall. Although I managed to do pretty well, in the first three years I barely knew where my pockets were. They were most of the time empty. Money didn’t have a chance to settle there. Even if I managed to do a decent living per month, there were increasing expenses that I had to face the next month. It was really tough. That was a time when I really had to learn a lot about handling financial pressure.

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