Being your own boss is an aspirational dream for many people in the UK. Some will be natural entrepreneurs with a ground-breaking product or service, whereas others will fall into business ownership because of a profitable side-hustle that develops into a full-time job. The reality, as we all know, is that being successful in business is hard work and high pressured.
It is natural as a first-time business owner to feel that your best isn’t good enough or your present circumstances do not match where you feel your business should be in terms of your strategy or personal expectations.
In fact, a survey by OnePoll of 1,000 leaders of UK small firms found that many respondents felt a lack of business experience and perceived skill deficiencies were key barriers to the growth of their companies, while 45 per cent said their businesses had turned out substantially different from what they had envisaged.