Life As A Small Business Owner

After working several years in the corporate IT consultancy sector. I moved onto working for myself as a contractor. Life was really great and everything was moving along smoothly.

All of a sudden, unexpected events forced me to start up a small business. This was one of the most difficult periods in my life, as I had the worker mentality and not a business owner mentality.

When I was working for an employer, my day and duties finished at 5:30 pm. I had the rest of the day to myself and did not have to stress myself over work related stuff. I also had the weekend to enjoy with friends and family.

I also enjoyed the same relaxed lifestyle as a contractor, the work was easy and the pay was good. I knew exactly what I was doing. I had managed to teach myself server side programming using active server pages as I came from a background in visual basic and relational databases.

I was proficient at data manipulation using SQL and creating graphical user interfaces. I had also become skilled at writing user manuals and also training people to use the systems that I designed.

Sometimes life does not take the course that you envision, but you cannot give up on yourself and your family.

I came from a working class family and managed to climb out of the rut that most people in our community were living in. I worked various low paid jobs to fund myself through university and get the qualifications and skills required to become an IT consultant.

It was hard work, but it seemed to have paid off, as I had landed myself a job as an IT consultant at Capgemeni, one of the leading business consultancy firms at that time. I worked there on various contracts for 3 years.

I wanted to branch out, so I left Capgemini and developed the student management system and intranet for Tower Hamlets College using active server page. This was running of an Oracle database and also serving pages to the college intranet and the internet via (IIS) Microsoft web server.

I moved onto contracting as an IT consultant after leaving the college. I was earning around £1,000 ($1,300) weekly. This equates to around £4,000 ($5,200) monthly . This was a good wage back in the early 2000’s.

I had also managed to build up a monthly passive income of over $8,000 from my internet marketing and network marketing activities.

I had created many websites at around that time to market online income opportunities and network marketing companies. One site I created was global-income.com, I don’t own this anymore, but you can see a snap-shot of what it was like back in 2005 by clicking on the link.

I could easily have just lived off the earnings from my internet marketing, but I spent the money as quickly as it came in.

I was living my dream lifestyle, the future was looking bright. All of a sudden my life was turned upside down. I was involved in a major road traffic accident along with my family. We are all lucky to be alive and have recovered since.

I had to recover from physical injury and also a great deal of mental and emotional suffering following the accident. I am still dealing with the emotional scars that this had left me with.

Bad things happen in life, but we must continue…

After a short period of depression and emotional suffering, I decided to start a small business. What I did not realise was that I did not really own a business, I actually owned a job!

I could not get any time off and my working day did not finish after I left work. I was stuck in the job seven days a week, twenty-four hours a day.

I was actually just earning money to pay my staff. The financial crisis of 2008 did not help and started the downward decline in my business and profits. I was in the restaurant trade and business had really slowed down.

Some weeks I could not take a wage, I still had to pay my staff. The stress of running a deteriorating small business was really making me sick.

I had sacrificed my life, my family and my peace of mind for this business. It was really hard to let it go, but it was the only way forward.

All my life savings had been used up to try and sustain this business. I also incurred a large amount of debt from this episode of my life. I promised myself not to apply for bankruptcy. I am still paying off these debts.

My business life had come to a holt back in 2013. I worked a number of minimum wage jobs and eventually got into the security industry in 2015.

Working as a corporate security officer earning around £2,300 ($3000) monthly in take home pay seemed like my lot in life for a while.

I knew that I had settled for much less than I can get in life. I don’t really want to work for another employer again. I have decide to build up passive income sources to replace the earnings from my current job.

I had done it in 2005, when I was earning over $8,000 monthly from a select number of online income opportunities. I know that I can do it all over again.

I have set a goal of earning over $5,000 monthly using the internet within 24 months. I am going to document everything on this blog.

Currently I am working 12 hour-shifts, the time for my internet marketing is very limited. I will not allow this to stop me from transforming my dream into reality.

$5,000 monthly may seem like a lot of money now, but I was earning over $13,000 monthly back in 2005. I have suffered a lot and also learned a lot during these past few years.

I have cried myself to sleep during the difficult period in my life. When life hits you hard, there will be no one there to help you out. When life blesses you, everyone will be there to eat the fruits.

I have helped many people in my life, but most of them have forgotten the help they received. I don’t rely on anyone to help me, I have learned my lesson.

I am going after what makes me happy and want to build a better future for my family. If anyone wants to join me in the journey towards creating a passive income using the internet, you are welcome to work with me on the opportunities listed here.

“Life is not so much what you accomplish as what you overcome”.Robin Roberts

I have faced many challenges in my life, no one would really understand what I have been through, without experiencing it themselves.

We all go through challenges in life, it’s what we do to get ourselves back on track again that really counts.

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