I had some epic failures, and there were days I didn’t think I could do it, but I did push forward and learned at the school of hard knocks.
My first five years full#
I didn’t grow up in a family full of entrepreneurs who could guide and advise me. I didn’t have a mentor, or an investor and didn’t invest in a coach initially. Here’s a link to our Happy 5th Birthday To Us blog. I have learned on the job, and I am so proud that I’m still here and have just celebrated our 5th business birthday. I guess with the excitement and naivety of starting a new business I hadn't factored in significant life changing stuff like a wedding, a marriage, a baby, caring for very poorly grandparents and of course Covid - and now running a growing business with a toddler. That we would be known as being professional, sincere and reliable and to leave a legacy.
My first five years professional#
I was going to build a strong, professional business, a business that would stand the test of time, a business to be proud of, a business to be THE standard in property management, where service was more important than a massive profit. However, I was determined not to be a statistic. I did it on my own without any investment and I’m not going to lie it, it was really tough. I started my business in 2016, I was excited, full of anticipation. Starting a business is easy, anyone can do it, but staying in business and building a profitable business, now that’s another story. So many businesses start, and unfortunately fail in the first five years - here’s a great article for you to take a look at: Forbes In fact, if you search why small businesses fail, you’ll find a lot of articles, but not so many who share how they managed to be successful. If most people knew that 20% of small businesses fail in their first year, 30% of small businesses fail in their second year, and 50% of small businesses fail after five years in business, I’m not convinced that so many people would consider doing this. There was even more growth in 2021 as data from HMRC also shows that in March 2021 more new businesses were created than in any other month since records began in 1989. It’s very easy to start a business and I was surprised to read that a massive 835,494 new businesses were registered in the UK during 2020, according to Reboot SEO Agency compared to 636,000 in 2019.
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