Time is money, so let’s just jump right into my updates. I am back in Toronto for two weeks already, but didn’t get to do a lot of businesses related work till today. Firstly, I was fighting jetleg (usually I am better at it, but I guess it is been awhile since I have been for a whole month overseas) and then I was organizing, decluttering and building my home office. I wanted to start from a completely clean slate where everything is functional and has its place.

Today is a first day when I have a whole list of activities related to the business along with bunch of other non-business related tasks (my family is coming over for a month in August). My first task is to incorporate. Not sure how smart it is, but I decided I will fill out all the paper work myself. I figured that if I have a degree in two business majors from a university I should be able to do it myself. I will keep you updated on how the incorporation process works in Ontario.

Here is what I learned in my short career of being a business owner/unemployed:

New freedom takes a discipline:
When you have to go to work everyday and your day is so full with appointments it is very hard to be lazy. Now, when you don’t have to wake up at 7 or even 9 that is totally different story. It is very easy to slip in the mode ” I will do it tomorrow,” and become a couch potato. I am waking up everyday at 8 o’clock these day which is the same time I used to wake up for work. The difference is that it is my choice now to wake up early, so I can do my stuff for myself. I actually feel pumped up to wake up in the morning and get some stuff done. I know that anything I do is to helping my dear self. I also know that if I don’t do it - nobody is going to do it either.

The vacuum from not having to work is quickly filled up by people who think you are relaxing all day long.
It is really hard to explain to others who never done it what it takes to start a business. The worry and uncertainty everyday brings. Really, I work more now that when I was working for a corporation. Yet some people around me actually think that I have an unlimited amount of free time now, so they can just pour everything on me. Nah Nah I don’t have lots of free time - what I do have is a flexible scheduale.

Stuff doesn’t resolve by itself
While in corporate world a person can procrastinate for months and not take an actual action due to bureaucracy - this is an impossible luxury for an entrepreneur. You have to get it done, done right and done right now. It is now going to dissolve itself like it does sometimes in corporate world.


Overall, I am feeling exited and full of energy. I knew a lot of theory about what an entrepreneur feels like, but knowing it a feeling are two different things. I think with a time I will understand more whiy majority of people settle for working for someone.

This is an update folks. I am going to post more summarized info about incorporation in Ontario soon.

Have a great week everyone!