Go for It!

  Go, go, go...!!!👍👍👍 

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                  Starting a business while keeping your full-time job is challenging, but it’s also one of the best

ways to discover if you have what it takes to be a true entrepreneur. If you can handle the hard work and

long hours needed to juggle your business, your job and your personal life, you’ll be well prepared for the

demands of running a full-time business. 

How do you know when it’s time to make that transition?

Before you take the leap to full-time entrepreneurship, ask yourself these questions:

Is my business ready? When you wrote your business plan, you set goals you wanted to achieve. 

Common milestones you might use to determine your business’s readiness.

💢 You have developed a new product, produced it and successfully found a market for it.

💢 You have obtained outside financing to take your startup to the next level.

💢 You have more business than you can handle.

💢 You have expanded as far as you can working with freelancers and independent contractors, and need to hire employees.

💢 Your business has reached a certain level of sales. 

Are my operations ready?

Before you quit your job, make sure that you have the following in place:

■  Systems and processes you can use to scale your business

■  Adequate equipment, software and other tools for full-time operation

■   A solid business credit rating and a good relationship with a business banker

■  Professional advisors such as an accountant, attorney and mentor

■  Adequate vendor and supplier relationships to meet the needs of a growing business

WHAT IF…?

■ If you need to devote more time to your business, but also need the income from your job…see if your current employer will hire you as a part-time independent contractor. You’ll still have income, plus the freedom to devote more time to your business.

■ If you need to devote more time to your business, but also need the benefits from your job…see if you can work part time at a level of hours that qualifies you to maintain your benefits.

Am I emotionally and mentally ready?

Take stock of how you and your family feel about your business so far. The challenges of running a full-time business are different than you’ve faced so far, but equally demanding—so don’t expect life to get easier. 

 

 Consider:

💥 Are your personal relationships suffering as a result of your business?

💥Do you have a strong support system of friends, family and mentors to encourage you in your transition?

💥Am I financially ready? Insufficient capital is the number-one reason startup businesses fail. Before leaving the security of your full-time job, make sure your new business is on firm financial footing.

💥Have you put enough money aside from your paychecks to support yourself until you can draw a full-time salary from your business?

💥If you have not yet reached breakeven, do you have enough working capital to keep the business going until you do?

💥Do you need to make any major personal financial moves, such as obtaining a home equity line of credit or refinancing your home?

Do so before you quit your job. It’s harder to do these things when you are self-employed, especially when your business doesn’t yet have a financial track record.

 

 Say Goodbye...and Hello

                    When it’s time to say goodbye to your full-time job, be sure to leave on a positive note. Thank everyone you worked with and stay in touch with your former employer, co-workers and other colleagues.

These valuable contacts may be able to refer you to clients, become clients or serve as references to help you get new business.

Then say hello to your exciting new life as a full-time entrepreneur. You’re the one in control of your destiny now … and your business’s growth is limited only by your imagination, ambition and energy.

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Exploring Style Sourcebook

Have you heard about Style Sourcebook yet?

I first stumbled upon Style Sourcebook last year… on a slow day at work. It's entirely FREE.

Style Sourcebook is a product sourcing and mood board community to help you renovate and decorate.

                                                    https://stylesourcebook.com.au/

Read in my blog more information by each step : 💥www.hobbytosmallbusiness.blogspot.com

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So, what is Style Sourcebook?

Well it is an Australian website (head to www.stylesourcebook.com.au) that allows you to develop style and mood boards from scratch. According to its own website, Style Sourcebook can be described as “a product sourcing and mood board community to help you renovate and decorate”.

Style Sourcebook provides functionality on many levels. For someone such as myself who is predominantly focused on developing style boards for personal usage, it is a great blank canvas to see how room layouts and colors will or won’t work in the real world (saves on money and all that effort moving furniture around).

 How does it work?

Starting with a blank page, you can either upload your own images or alternatively you can upload from the library bank of furniture, homewares and home décor options already loaded onto the site. Although the library appears to include furniture from predominantly Australian-based and recognized companies, it is very extensive and includes categories such as Bedroom, Bathroom, Décor, Living, Outdoors, Walls and Floors. Within each of these are even more sub-categories.

Even if you prefer to use your own photos, Style Sourcebook is still a great resource.  Instead of searching across the existing categories, all you need to do is upload your images via the Upload Images tab. Keep in mind that these images are then saved, and can be used later via Saved Images (you can also save images from the database and access them here later as well).

If it all seems to much and you just want someone else to show you the way, then Style Sourcebook still has you covered via its Mood Boards tab. This part of the website allows you to view style boards created by others, categorized by Popularity or Recently Uploaded. You can also use the search function if you have a particular theme you want to look for, say Teal and Purple Bedroom.

Finally, Style Sourcebook allows you to create an account as either a private person or as a Designer. Even if you create a personal account, the site still allows you to use a business name, register a business email and website etc., but does not seem to allow you to fully market yourself as an interior designer. To do that, it seems that you need to register as a Designer. To my mind, this aspect of the site reminds me a little bit of www.houzz.com . Either way, if you like the look of a particular style board creator, you can search for them on the site and peruse their work at your leisure…

 

How does Style Sourcebook compare to Canva?

Now that I am more familiar with both, I can see that they serve different functions. Whereas I find Canva great for graphic design work more generally (logos, insta posts etc) I find it less helpful when working on design projects. Because of the template structure of Canva, I tend to use Canva mood boards more for picture collages or color inspo boards.

However, if I am trying to style a room, defining not just colors, but furniture types and placement, then I would suggest trying Style Sourcebook in the first instance. The blank template structure means that you can place pictures wherever you want on the page, rather than within a set template format. However, I do think that they provide differentiated products and you should first consider what it is that you want to produce before deciding on which to use.

 

Get in touch!

As always, if you have any comments or questions. get in touch! Comments section is below and email and socials are at the top of the page :-)

Disclaimer

I have absolutely no affiliation with any of the companies or websites mentioned in this blog. This blog is based on my personal observations alone. I don’t pretend to be an expert - just a lover of all things interior design related including great websites.

 

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STEP BY STEP HOW TO RUN A DESIGN CLIENT KICK OFF MEETING

 

The kickoff meeting is an essential step in the design process as it allows the project team to establish clear communication, set expectations and gather key information from the client.

 

Read in my blog more information by each step : 💥www.hobbytosmallbusiness.blogspot.com
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The kickoff meeting generally fits into my workflow here:

💫initial (paid) design consultation

💫preparation of fee proposal

💫acceptance of proposal and contract signing

💫send our client’s welcome pack and on-boarding client questionnaire

💫existing conditions survey

💫run kick off meeting

***you can get templates for these documents in my shop if you need them...

1.SCHEDULE FOR THE KICKOFF MEETING

• Decide who needs to be at the kickoff meeting
• Identify a suitable date, time and location for the meeting
• Location could be your office or the client’s home or site
• Notify all relevant parties of the date and time, including the client, design team members and any other stake holding
• Give plenty of notice
• Ensure availability of necessary resources, such as meeting room, presentation equipment and/ or material

2.PREPARE MEETING AGENDA AND MATERIALS

• Develop a meeting agenda that includes the key topics to be discussed

• Send out the agenda prior to the meeting
• See an example agenda on next slide
• Gather all relevant project information, including client requirements, project brief/scope, site plans and any other relevant documentation
• Prepare visual aids, such as presentations or mood board, to facilitate discussions and clarify the process
• Make sure someone is responsible for taking notes during the meeting or use Otter AI to do this for you

 

 

3.RUN THE MEETING

• Begin the meeting by introducing all attendees and explaining the purpose of the kickoff meeting
• During the meeting make sure to cover:

    -the project overview, including the project goals, objectives and scope

    -the project timeline

    -the client’s vision, preferences, and specific requirements for the project

    -clarification on any ambiguous or unclear information provided by the client

    -initial design ideas and preferences

    -any questions or concerns raised by the client

• Document key decisions, action items and next steps

 

4.FOLLOW UP ACTIONS

• Compile meeting notes, capturing all important discussions, decisions and action items or Otter AI can create a transcription for you
• Add the transcription to ChapGPT to generate a meeting summary, action items and next step
• Assign responsibilities for each action item and set deadlines for completion
• Share the meeting summary with all attendees
• Ensure ongoing communication with the client, addressing any additional questions or requirements that may arise after the kickoff meeting

 

 

 EXAMPLE MEETING AGENDA

💫 Introduction and welcome

💫 Review of project objectives and scope

💫. Presentation of project brief and client requirements

💫 Discussion of site plans and existing conditions

💫 Clarification of project timeline and milestones

💫 Explanation of the design process and designer vs contractor vs client roles

💫 Open discussion and Q&A

💫 Next steps and action items

 

Read in my blog more information by each step :💥 www.hobbytosmallbusiness.blogspot.com
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