Many people rate having the freedom to be their own boss and do what they like as one of the key reasons for starting their own business.

Fair enough, but many new entrepreneurs get a rude awakening when they realise that along with now being free to choose how they use their time (no clock watching bosses or regular hours, or company KPI’s to adhere to) they are now also completely 100% responsible for doing whatever needs to be done to make their business a success.

Once the excitement and euphoria of telling your boss to stick it wears off, and it’s just you, your laptop and your phone alone at your kitchen table, and you realise no one’s going to tell you what to do, when to do it, or how to do it (in fact no one cares what you do, or don’t do), it’s at this stage that many people realise entrepreneurship is not for them.

Not everyone can handle the level of responsibility, or has the self motivation, self discipline or proactivity needed to be a successful entrepreneur. Do you? RL.