When I was asked to write a blog post I had no idea what to do. I may be great at putting words on paper; but what in the world do I have to share with a bunch of strangers? At a loss for where to start, I began looking through existing blog posts trying to find my way. I stumbled across “The Real Do’s and Don’ts of Blogging” and decided to just put my fingers to the keyboard.
Have you done this? Have you ever been in a position where you had no idea what you were doing but decided to go for it anyways? One of my favorite quotes since starting my entrepreneurial journey has been “Do It Scared!” and it is so true. If you want to feel that sense of accomplishment, pride, and pure joy with the work you’re doing, you’re probably going to be scared at some point and have to choose to do the thing anyways.
This is where I feel many entrepreneurs start out. The idea of sharing your passion with...well...anyone, to make your own money and be your own boss, can be rather daunting. It is a BIG DEAL! I, surprisingly, did not start there. As an Accountant, I love what I do just not who I do it for. Working in a corporate job has its challenges; Covid did not make them any easier. When you hold a traditional J.O.B. it may feel “safe”, but you are at the mercy of your employer. They control the hours you work. They control how much you get paid. They control when you take a vacation. I reached a point where I decided I wanted to be the one calling those shots in my life. I got to a point where I stopped apologizing to my employer for taking time off or enforcing new boundaries they were not used to. And personally, I do not think there is anything unreasonable about that.
I was presented with an opportunity to learn how to start my own business and I JUMPED at it! Feet First. All In. Surprisingly, the realization I came to in trying to take back my time was that I immensely enjoy serving small businesses so much more than big corporations. Making the shift from corporate Accountant to small business bookkeeper was the best transition I could have made. There is something about being a small business owner supporting other small business owners that has given me a new sense of pride and motivation I was not even searching for. I’ve also come to learn that there are so many small business owners out there that may not know if they are doing it right; they’re just doing their best. Kudos to you, my friends, for pursuing your dreams and sharing your passions with the World.
As your friend, cheerleader, and cost-savings bookkeeper….let me share some things with you:
If you do not have an accounting software….Get One! Whether it be WaveApps, Quickbooks, Xero or another; get a software that will collect all your financial activity in one place. This will relieve so many headaches for you, and your bookkeeper when you grow to the point of outsourcing.
Keep your business and personal expenses SEPARATE! Do yourself this favor and open a business bank account. Not only will it make using your accounting software cleaner and easier to manage, but it keeps your personal assets safer.
Consult a tax professional. Not all bookkeepers, myself included, can help prepare and file your taxes. You can take it on independently, but a tax professional will help ensure you’re doing it correctly and accurately. As a bookkeeper I am here to ensure you get the most tax SAVINGS, but it is up to you to file appropriately.
Considering these steps will help make your leap into the entrepreneurial world less scary. Yes, you will still have to put yourself out there. Yes, you will probably have to talk to strangers (this is the fear I started with). Yes, you will have to spend money to make money. BUT you can find confidence in knowing that you are as prepared as can be to tackle your business accounting and it will not be the thing holding you back. Also always remember you can ask for help. Do me this favor and don’t let fear hold you back. Fear of failure. Fear of success. Fear of putting yourself out there. Fear of the unknown. Fear of the financial aspect. DO. IT. SCARED. Friends! Ask your questions. Find your support. Start creating the life you are dreaming of. My Biggest goal as an entrepreneur is to create my dream life. My Biggest goal as a bookkeeper is to help my clients live THEIR dream lives. You have the resources! You can do it too! I know you can!
About the Author
Shaina Quick is a Small Business Bookkeeper that helps her clients save tax, keep the financial books in order and create their dream lives. She is a corporate accountant turned small business bookkeeper and provides bookkeeping services, including her Signature Accounting Overhaul Program to small business owners across the globe. Visit her website for more info and to get in touch.
About Explore ProTech Entrepreneurial Haven
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