Winning gold (for getting money out of my business the quickest)

I've recently been named as one of the first businesses in the UK economy to be recognised under the Government’s flagship Fair Payment Code - a new standard that aims to challenge practices of late payment, which see small businesses currently losing nearly £2bn each year that they could otherwise be investing for growth, new job creation, etc[1]. 

And to make this recognition it even more special, I'm not only the only sole trader/freelancer to make the list, but I've also been given the gold-level badge, too! 

Given that the code awards businesses against three levels (bronze, silver, and gold), and I'm tiny compared to all the others recognised by it, it's probably safe to say that there's some red faces amongst them - if I can achieve this top level standard ahead of them, without the resources of their finance departments, access to lines of credit, etc, then what’s stopping them from doing the same?

I've always aimed to pay all invoices I receive within 24 hours – not just because I know how important it is to me as a micro enterprise to be paid promptly, but also because late payment practices force too many businesses to be wound up before their time. In turn, this means their plans to continue to grow our wider shared economy are lost; and people’s livelihoods are destroyed, forcing more families into poverty. And I can’t sleep with my conscience if I’m not doing all I can to avoid contributing to this problem.

In the past, my payment practices have been recognised by the Organisation of Responsible Business, the Good Business Charter, the previous Prompt Payment Code, and my being a registered Pay On Time supporter. This latest recognition highlights not just my own professional standards and commitments to fellow businesses of all types, but also the importance of micro enterprises and the self-employed like me, who are quietly and collectively working to strengthen our wider economy for the benefit of us all.

For more about the new Fair Payment Code -https://www.smallbusinesscommissioner.gov.uk/new-fair-payment-code/

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[1] https://elitebusinessmagazine.co.uk/finance/item/how-are-we-still-talking-about-late-payments

What does my business need next, after 20 years?

I'm increasingly coming to the idea that most training, workshops, seminars, events, etc, that are created for, and aimed at, freelancers and the self-employed like me, seem to usually be focussed on those people either thinking about, or having recently, started out in this way of working.

That little which isn't, seems to be focussed on how we can build our 'evergreen content' into a passive training course that people click to watch, with an occasional mastermind session that would allow me to work less (and so be involved with less things that impact the world, as much of my client work offers me opportunity to), and charge people more (and so excluding people who may otherwise benefit, but simply can't afford to, through no deliberate fault on their part).

This year is the 20th anniversary of my 'striking out' as being self-employed/freelancing, after I was 'stitched up' by one of the then leading national social enterprises in the UK who'd just encouraged me to relocate my family to the other end of the country - to take up when they promised was a dream career offer that they were creating for me, but turned out to be nothing but well meaning intention when it came to allocating me a desk...

And over the last 2 decades, it strikes me that most of the CPD events I go to are now on a loop of those profiled in the opening of this post.

And that's not automatically a bad thing - I recognise that very few businesses of any type get to this porcelain milestone, and in one of the chapters in my book about imposter syndrome, I detail how realising that you're in such training events (and not getting any apparent benefit from doing so) is a sign that you really are doing alright in how you're running and managing things in your work.

But... I don't want to get stale/complacent - the way that I've always approached designing, and revisiting, how I work is based on trying to keep me constantly moving forward, challenging my understandings and ideas, and ultimately trying to avoid falling into habits I see in other consultants and advisers, which are ultimately only to the detriment and cost of the groups and enterprises who have looked to them for support and guidance... 

And I'm also aware that I'm not in the same place I was when I started out 20 years ago - I'm now an unpaid carer for several immediate family members (so no longer have the same amount of time available to devote to my business or earn money, but aren't eligible to apply for any support for myself in these roles), and also no longer own a house nor have the savings I used to (which had been forming the basis of how I imagined I'd fund my 'retirement', which is looming in the next 20 years).

So - where should I be looking for the next 'good stuff', as I now start to think about my next 20 years in business?*

* (assuming that there's still no-one out there who'd be open to putting me back onto a respectable payroll? I never meant to be self-employed, and am still not sure it's my life's calling..) 

I've given up on my dream of ever getting a job

20 years ago I was 'personally and professionally shafted' by one of UK's then leading social enterprises after they'd approached me out of the blue with a dream career offer. Acting in good faith, I recruited my successors in the co-op development agency I was employed in at the time, relocated my young family from Cambridge to 'up north', and was then suddenly told by their managers that I'd been speaking with, that it turned out that they didn't actually have the authority to follow through on the offer and invitation they'd made to me...  

I immediately started knocking on doors in my new adopted home town to find a next job (where no-one knew me, the internet and smartphones weren't yet a thing, etc). And the first offers of work I found required me to be self-employed - a necessity to support my family, rather than a deliberate career choice (as so many others' stories I hear about seem to be).

However, I was always looking to get back onto a respectable payroll - if only for the security it offered (after all, I had young family!); and then as years went on, for a sense of community, support (IT, etc); and sick/holiday pay and pension contributions.

It's now 20 years on - and despite setting various job alerts on different sites; having had my CV reviewed by different 'experts'; being encouraged to apply for roles by senior people in organisations I've been an associate to; and various interviews; I've still not landed a job offer. 

And its been increasingly challenging to find jobs that offer a salary and flexibility consummate with the caring responsibilities I now have, let alone be able to get shortlisted for interview.  

So having now reached my 50th year (which shouldn't make a difference, except we know it can), and with caring responsibilities which mean that I wouldn't be able to employ me if I were applying for a job with myself - I've reached the decision to officially 'give up' on this dream I've been chasing for the last 2 decades. This is because I recognise that it's never going to be able to happen in a way that I now need it to, but didn't them (chiefly because of the unpaid caring responsibilities I've been gained from the universe during this time: something I share with the 600+ other people who are having to quit their salaried jobs every day).

(Now, I should probably clarify that I don't begrudge being self-employed: there lots of positives I've enjoyed, and impacts I've been able to create, that universe might not have otherwise benefitted from because of the restrictions that being on a salaried payroll would otherwise have imposed on me.)

And strangely, I find myself not feeling any sense of loss in having made this choice. I've just given up on a dream I've been chasing for 20 years, which has in part been helping to sustain me, and which should surely make me feel mournful in some way? But instead, I find myself with a sense of release and freedom - and feeling (slightly) less stressed by having 'taken something out' of my expectations for my future, and focus for energy.

But I also recognise that this means I may actually start to properly take being self-employed seriously (for perhaps the first time ever!), as I've now abandoned my 'safety net' to it...