Milestones To Celebrate When Starting Your Own Business
When starting your own business it can feel a bit of a whirlwind. From the moment you start with the idea, to when you launch and make your first sale, you want to ensure that you keep your eye on all the things you achieve. It can be too easy to get wrapped up in all the different things that are happening and focusing on numbers or getting your product out there that you don’t actually sit down and reflect on the amazing things that you are doing. You need to realise that what you are accomplishing is amazing and should be celebrated.
By celebrating your small wins as well as your big wins you will keep feeling motivated and excited to continue. It will help to reduce your stress, make you feel much happier in yourself and you will feel more motivated to keep going. Here are some of the milestones that you should remember to celebrate when starting your own business…
When you quit your day job
It might be that you have funding for your new business and can quit your job before you launch your company, or it might be that you started your company as a side hustle and are now drumming up enough business to take it full time. No matter the reason, the day you can hand your notice into your employer to go out and make your own business is an amazing one. Be sure to make note of the date that you leave and do something to celebrate – it is a fantastic achievement and a huge milestone in your business journey.
Your first customer
That moment that you get your very first customer isn’t something that you will ever forget. It is likely that you will always remember what they bought and how much money went into your bank. You could do something special to thank your first customer, or even just give them a shout out on social media. Be sure to ask them to leave a review too! Once you have your first customer it can really hit home that you are starting your own company and what an amazing journey you are embarking on!
When you open your first business bank account
While you have likely had a normal business account for a long time, it can be a great achievement when you open a business bank account. This is the place where all of the funds you have that come from your company will go and will be the backbone for your company. Be sure to check out the different business banks out there to ensure you get a good one. A lot of business banks offer free banking to help small businesses for the first 12 months of their journey.
When you get your first employee
Getting your first employee is a huge step and one that you will always cherish. This is the moment that means your company is really taking off and turns from you doing something you are passionate about, into something that feels like a “real” business. Ensure that you sort out all the aspects such as national insurance and payroll and agree to a contract beforehand. You could always get an apprentice or intern to help you out at the beginning when your funds are likely to be a bit tighter.
When you overcome your challenges
Overcoming a challenge in any aspect is hard, but when it is your business and your livelihood it can be very stressful. No matter if you’ve had a bad month sales-wise or a tricky customer, keep in mind how you got over this challenge and managed to come out of it on the other side. This will help you to tackle larger problems that might occur as your business grows and brings in more money.
These are just a few things that you need to keep in mind when starting your own business and make sure to celebrate. Starting up a business is a stressful thing to do and is a huge achievement. It is important that you make note of all the wins that you have and realise how amazing you are for doing it. You will look back and think of those small moments just as much as the big ones and realise what a great thing you have done by starting your very own company. What are some of the small wins that you think are important to celebrate? Let us know in the comments below!