More money still brings challenges for the entrepreneur

Filed in archive Bootstrapper Tips on June 16, 2007

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Link: Cristian Dorobantescu

• Let's assume you have a contract that takes a week and you cash in your first check, $3000. Now, that seems a lot of money for just a week of work. It's probably the same amount you were getting for your 9-5 job for the entire month. Hold on! You will see that you need a lot more contracts delivered per month to remain with quite the same amount you were getting from your previous job. Because you have to pay rent for the office, buy office supplies, pay taxes or have expenses to get your job done! This month I just need that new PC to get my job done. Hmmm, not much money left after paying the bills. No problem, I will use my personal savings for only just the PC and I will put the money back (daydreaming).

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