Tag : hmrc
Tag : hmrc
What are you afraid of?
When I was considering becoming self-employed, honestly – the main thing stopping me – was I was scared of doing my accounts. The admin, the paperwork. The every single receipt keeping. The checking every single thing. The worry.
I am an organised person – I am actually (believe it or not!) despite the craftiness quite a ‘numbers’ person! I have worked in previous ‘lives’ as a forecaster, in buying, merchandising – accounts! But really, I am the ‘creative’ one.
However, being self-employed – you wear EVERY hat.
And actually – it isn’t that bad…
I have learnt that what I was ‘afraid of’ – was actually getting it all done… and now that I am here doing just that – the fear has shifted – and it is of getting anything WRONG. I am scared of the taxman.
Really? I am literally the most goody two shoes, most accurate accounts keeping person ever. To the penny! However, it is also the fear of the unknown. Based on this: recognise where your skills are and allocate accordingly! You CANNOT do it all – hence – why I have both a bookkeeper AND an accountant to double check, verify, account, check again and then submit everything for me.
I do understand, based on your own personal circumstances that sometimes, this isn’t always possible, and/or affordable. BUT – side note, whatever I pay for this, I am pretty sure (120% – DO!) I ‘save’ in a) my time, b) knowledge and accurate research, and c) understanding of the ‘rules’.
In our recent CLICHE workshop, I asked a question at the start of the class about fear: What is your greatest fear?
Overwhelmingly a word kept reoccurring: FAILURE.
But what does ‘failure’ actually mean?
- lack of success.“an economic policy that is doomed to failure”
- the neglect or omission of expected or required action.“their failure to comply with the basic rules”
But – who sets the standards?
I can take a wild guess it is… YOU.
I am by FAR my worst critique. I may FEEL I have failed, but I am often WRONG. (That is also hard to admit!)
So, I am over my fear of accounts – now, I have to agree with my ‘CLICHE‘ attendees – I too, am afraid of not succeeding. But, have I already got there? It depends on your mindset, outlook, perspective.
To some, I have already achieved. That, I (kind of) agree with. To some, I am nearly there! To some, maybe I will never get there (the nay-sayers – we ignore those!)
Well, I don’t know where this journey is taking me, and us (‘us’ – the business, ‘us’ – my family, and ‘us’ – you and my crafty ‘family’) but whatever the destination, it is indeed ‘somewhere’! How hard that climb is, or how exciting, and/or difficult it is yet to become… I am not sure – but I need to be mindful to not set ‘boundaries’. I need to set the bar HIGH and recognise that even if you don’t get ‘there’ – that putting yourself out there, and being in the process of it all is achievement in itself.
Also a reminder that: ask me my ‘dream’ a few years ago, THIS IS IT. I just need to remember that. And – I am sure, you need to be reminded too on your own journeys.
I have also learnt, that despite the fear – being self employed is HARD. There is no ‘rock up in the day job with guaranteed income’. There is no ‘boss’ telling you want to do. There is no set plan.
On the opposite side, there is no ‘boss’ telling you what you HAVE to do. Yes, there is no set plan – but you make that plan. It is YOURS to decide and do! Need a day off? No problem! I am sure your ‘boss’ can agree it…
However, if you need extra support, please do remember to TALK. You might think you are too busy to ‘chat’ – but you know that not everyone can mind read. Tell your friends, your family – tell them your life plans, your worries, your fears. They may already know, they may not – and want to get involved! – or, have a new ideas to help! A wonderful old BT advert slogan: It’s good to talk.
So, what are you afraid of?
Feel the fear and do it anyway…