Week 3 - My Reality (Where are you now?)

Reality is my biggest obstacle to starting my own business. And no, I don't think that it actually should matter. There are certainly businesses that can be started whilst living in a hostel, but i am not really that attracted to any of them.

Not my hostel: but you get the picture, right?

This chapter of Start Your Business Week by Week, deals with assessing where you are now in terms of finance and time.

So i read this chapter a few weeks ago, and have not really picked up this book since. Its not that i have not been working on my self-employment project its just that writing a whole blog post on how my life sucks is not where i want to be. I know i have problems, and doing things like PSB (Personal Survival Budget) PMB (Personal Monthly Budget) and PAA (Personal Asset Assessments) or what every you want to call them, is not going to help me much. For instance i cant even fill out the rent/mortgage box, because i live in a hostel and my rent is variable. Also after nearly 6 weeks of trying to find accommodation in London i am loosing some of my hope and i am starting to think that maybe i'll have to plan a business around living in a hostel, at least for now. 

The book also tells you to do a credit check, as i am not on the electoral roll and don't have a fixed address, could be tricky. So i have decided to leave this until such time when i need to. False economy probably, but i could just be causing myself one big head ache by trying to do it now.  

On the plus side of this is that i do still have some savings left (rapidly disappearing) and i don't have any debts. So i am not going to be struggling for money, at least for now. 

I am though finding it almost incomprehensible how you can be homeless, yet not be ridiculously poor. I have just been on a search for accommodation on NYE. The few places that still have rooms left are ridiculously expensive. I am sure if i had left it any longer i would have had to spend NYE on a park bench. This just brings home to me how important having stable accommodation is. I need to up the accommodation search. 

Long moan over!

In other news i have finished the Business Start-Up course in Clapham. It was amazing and so inspirational. It has made me think and do thing differently than i otherwise would. I have move forward with my market research and have a better idea about what it is i need to do to get started. I have also realized several problems with my plans and i am working to correct them.