Starting a business can look pretty appealing from the outside. More freedom, more money, no boss, and the ability to work from wherever you like. But the reality can involve a lot more uncertainty, responsibility and late-night problem solving.
Tash and Emma unpack what running a business actually looks like, who it might suit, and why leaving a good job isn’t always the obvious upgrade social media makes it seem.
In this episode:
💼 Why starting a business might make sense if you want challenge, ownership or more control, but not necessarily if you just want an easier life
💼 The difference between having flexibility and actually being able to switch off when the business still depends on you
💼 Why Tash and Emma both found business appealing after struggling with workplace processes that didn’t make sense to them
💼 The “golden handcuffs” problem: why walking away from a well-paid, flexible job can be very different from leaving a lower-paid role
💼 Why building a business on the side can give you time to test an idea before giving up the security of a regular paycheque
💼 The lumpy reality of business income, from strong months to surprise costs, payroll and chasing invoices
💼 The skills that can make business easier, including problem solving, taking action, financial literacy, adaptability and being comfortable making decisions without someone else’s approval
💼 Why networking doesn’t have to mean awkward events and business cards, and how social media can make it easier to build useful relationships
The big takeaway? Running a business can create freedom, ownership and opportunities that are hard to replicate in a job. But it can also bring uncertainty, responsibility and a lot more work than the highlight reel suggests. Before jumping in, it’s worth asking what you actually want from business, and whether there’s a lower-risk way to test it first.
Disclaimer:
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Tash Invests Pty Ltd is a Corporate Authorised Representative 1317713 of Rask Licensing Pty Ltd. Read the FSG available from https://tashinvests.com/links
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
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