• SME Brief
  • Posts
  • Dealing with Janu-worry as an Entrepreneur

Dealing with Janu-worry as an Entrepreneur

The first month of the year is often dubbed as “Janu-worry” because many of us are facing financial worries from overspending during the festive season. It’s also the month known for less- or NO work for entrepreneurs and freelancers.'Know your business cycles!'Entrepreneur, Robyn Thekiso who last year shared how to leap from freelancer to entrepreneur, had this to say about dealing with December and January being such quiet months.

Here is her advice for dealing with the slowdown:  “Accept that business is cyclical and understand the rhythms of your sector/industry as you must plan around these. December and January are generally quiet months. That means I only have 10 months to earn my income. In other words, a 10-month income must last for twelve with, hopefully, a bonus for December.”Has January been a quiet month for you or not? Let us know whether you plan for it or not.

Please leave tips and advice for your fellow entrepreneurs on our Forum HERE.

Let's keep the conversation going!

Tip of the week

Still working on your 2020 business goals?

You need to be SPECIFIC

“Don’t be tempted to have a GIANT plan and fail to implement step-by-step actions to reach them,” says Colleen Qvist, a business coach.

Read the rest of her goal-setting advice HERE.

Other NEW articles on the website this week: 

Do You Have An Answer? 

“Good day, I am in the process of opening a private school in Gauteng (due to school scarcity) and in the process of getting the school registered with the Department of Education to start enrolling students in June 2020, we have identified a building to rent in Midrand however we are still battling to get funding for the building which is a priority for our school to be registered asap, the school will run on its own after the registration and prior commencement in January 2021. We’re looking for funding/sponsors/partnerships to start this. Who can assist us please?” – Jane

Stories others are reading on the website: