This post is part of a series – Number 3
We asked successful businesswomen to share their experiences of starting a business. We looked to interview women of different ages, backgrounds and business sectors, asking them to share the good and the bad. Here’s what they told us:
Red Barrington – www.redstardigital.co.uk
Why did you start your business and what age were you?
I got fed up of the daily commuting grind and I felt I knew my stuff and was being under utilised in a FT role. I was 28 when I started (I think!). I always said I wanted my own business by the time I was 30 and I got there!
What was the most important piece of advice you were given and why?
Find a good accountant! They were so right, saved me lots of time and hassle and meant I could get on with delivering to my customers/clients. Oh and be sensible with your savings for paying your tax bill, some more great advice which I am glad I took (I nearly fell off my chair when my first tax return was due…)
What do you wish you’d known from day one?
That people don’t always do what they say they will and that there are many time wasters out there (who want free advice and information). I wish I had known this and been able to spot them!
With hindsight, what would you do differently?
Not much, I might have started to consider further income streams rather than just selling me. I can only work so many hours, so it does limit profitability and often means you work silly hours.
What’s the best part of running your own business?
I can do what I like, within reason, when I like! I have complete flexibility and I have new challenges all the time – much better than a dead end 9 to 5 🙂
Interviewed by Tracey Jefferies for Networking Women. Tracey runs her own successful marketing and PR consultancy. She also writes on a regular basis for various publications and reviews the newspapers on BBC Radio Oxford. www.traceyjefferies.co.uk
Whatever your age, this session will help you to take a good look at:
- How and why you are where you are today
- Your achievements so far
- What colour your life is now, and what colour you’d like it to be
- What’s holding you back
- What you want for the future
This is an interactive session involving audience participation!