Being your own boss is the dream of most people, but it comes with a price. Since you do not have to answer for someone else, you have to be responsible for your own business. In this sense,the business becomes the new boss. Here are some tips for you to observe. Work-life balance Starting a business will consume a lot of time and energy. Not letting the business prevent you from having personal time is a challenge. The failure to manage a work-life balance can lead to health problems and lost relationships with family and friends. Making decisions Since you are the owner, you have the final decision. This can be a tough challenge because you know that you alone have to bear the responsibility for your decisions. Self-doubt and criticism In the beginning, customers and competitors will not take you seriously. Everyone will be quick to share their opinions on what you are doing wrong and why it will not work. With all this, self-doubt will start to occur. Maybe they are all right. Maybe starting this business was a bad idea. If you have done your homework, this is the moment to overcome the fear of failure and have confidence in yourself to keep going.