opinion

The Golden Rule of Being a Business Owner

The Golden Rule of Being a Business Owner

When I first started camming and shooting clips, I was in a position where most newbies are — I had no experience in running my own business. I had always been an employee but never the boss. The idea of running your own business is what most people dream of, but when placed in that position it becomes a bit more daunting.

Many words of advice have saved me from making huge mistakes during my career, but the ones that gave me direction were the most helpful. The following advice is what I have deemed “The Golden Rule” of running your own business, not just in this industry, but in any industry. This advice was given to me by Master Cecil of The Woodshed, a dungeon in Orlando, Florida. In this article I will break down what this saying means and how you can put it into action. So, without any further ado, here it is: If you treat it like a job, it will pay you like a job.

Running your own business is giving orders to yourself as the boss and following through as the employee.

Read it one more time. If you treat it like a job, it will pay you like a job. Seems pretty cut and dry, right? But there’s a little more to it. What that statement is telling you is that you aren’t just the boss, you’re also the employee. In this job, you will always be wearing both hats. You will always be making the rules and carrying out the orders. Understanding this is crucial for starting up your company and being successful.

If you think about it, accepting The Golden Rule takes some of the stress off of your shoulders because we’ve all been employees. We all know what’s expected of us when we’re working for someone else. You have a set schedule, you complete the tasks given to you, you deal with customers and you’re always learning how to take on more responsibilities. Running your own business is giving orders to yourself as the boss and following through as the employee. It’s setting a schedule, making a list of tasks that need to be completed, then completing them. The more efficient you are, the more you get done and the more you get done, the more you earn.

Another good thing employee experience gives us is that we’ve all had bad bosses and have seen (or sometimes have been) bad employees. Sometimes learning what not to do can be just as effective if not more effective than learning how to do something the correct way. Always keep those examples in the back of your mind to help you to not become that kind of boss and employee. Be honest with yourself. Listen to yourself when you’re giving orders and actually do them. Take days off. Celebrate successes and keep pushing on after the setbacks.

Let’s take a moment to focus a little bit more on listening to yourself. One of the most important factors of job efficiency is communication. More specifically, how you communicate with yourself and how you listen to yourself. You’ve probably noticed that it’s a lot easier giving advice than taking it. The same can be said for managing yourself. If you know you have something to do and you keep putting it off, that is a weak point in your line of communication between the boss and the employee sides. A good way to fix this is to remind yourself of what’s at stake if you don’t get something done that needs to be done. Procrastination can lead to loss of income, clients and self-employment. If you can’t follow your own rules, you cannot be your own boss.

Anyone can retrain themselves and their habits with self-discipline. You may have just made an audible groan after reading that but trust me, I know what I’m talking about. The technique that was most effective for me when I first started was making my work into a game. If I needed a lot of bookings, I color coded my calendar with green being the color of paid gigs. I played a game where I tried to get the majority of my calendar green and seeing if I could get it even greener the next month. If I need to get work done, I create a to-do list and challenge myself to see how much I can get done in a day and try to out-do myself the next day. These games might sound silly, but it’s all about tricking your mind and making things seem fun until they actually are fun, and you enjoy doing them.

If you use these methods to navigate your business, your raises and bonuses will appear naturally with time in your earnings. The more you stay at it, the more money you’ll make. Because if you treat it like a job, it will pay you like a job.

Goddess Valora is an XBIZ Award-winning content creator who can be followed at Clips4Sale.com/Studio/104604/Goddess-Valora and @GoddessValora on Twitter and Instagram.

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More Articles

opinion

Strategic Upscaling of Non-4K Content

If content is king in adult, then technical quality is the throne upon which it sits. Technical quality drives customer acquisition and new sales, while cementing retention and long-term loyalty.

Brad Mitchell ·
profile

'Traffic Captain' Andy Wullmer Braves the High Seas as Spirited Exec

Wullmer networked and hobnobbed, gaining expertise in everything from ecommerce to SEO and traffic, making connections and over time rising through the ranks of several companies to become CEO of the mobile business arm of TrafficPartner.

Alejandro Freixes ·
opinion

To Cloud or Not to Cloud, That Is the Question

Let’s be honest. It just sounds way cooler to say your business is “in the cloud,” right? Buzzwords make everything sound chic and relevant. In fact, someone uninformed might even assume that any hosting that is not in the cloud is inferior. So what’s the truth?

Brad Mitchell ·
opinion

Upcoming Visa Price Changes to Registration, Transaction Fees

Visa is updating its fee structure. Effective April 1, both the card brand’s initial nonrefundable application fee and annual renewal fee will increase from $500 to $950. Visa is also introducing a fee of 10 cents for each settled transaction, and 10 basis points — 0.1% — on the payment volume of certain merchant accounts.

Jonathan Corona ·
opinion

Unpacking the New Digital Services Act

Do you hear the word “regulation” and get nervous? When it comes to the EU’s Digital Services Act (DSA), you shouldn’t worry. If you’re complying with the most up-to-date card brand regulations, you can breathe a sigh of relief.

Cathy Beardsley ·
opinion

The Perils of Relying on ChatGPT for Legal Advice

It surprised me how many people admitted that they had used ChatGPT or similar services either to draft legal documents or to provide legal advice. “Surprised” is probably an understatement of my reaction to learning about this, as “horrified” more accurately describes my emotional response.

Corey D. Silverstein ·
profile

WIA Profile: Holly Randall

If you’re one of the many regular listeners to Holly Randall’s celebrated podcast, you are already familiar with her charming intro spiel: “Hi, I’m Holly Randall and welcome to my podcast, ‘Holly Randall Unfiltered.’ This is the show about sex, the adult industry and the people in it.

Women In Adult ·
trends

What's Hot Now: Leading Content Players on Trending Genres, Monetization Strategies

The juggernaut creator economy hurtles along, fueled by ever-ascendant demand for personality-based authenticity and intimacy — yet any reports of the demise of the traditional paysite are greatly exaggerated.

Alejandro Freixes ·
opinion

An Ethical Approach to Global Tech Staffing

One thing my 24-year career as a technologist working to support the online adult entertainment industry has taught me about is the power of global staffing. Without a doubt, I have achieved significantly more business success as a direct result of hiring abroad.

Brad Mitchell ·
opinion

Finding the Right Payment Partner

Whenever I am talking with businesses that are just getting started, one particular question comes up a lot: “How do I get a merchant account?” It’s a simple question, but it has a complicated answer.

Jonathan Corona ·
Show More