I think it's finding the time to do the paperwork rather than the actual stuff you need to do, it is daunting at times even then though. I became a mum at 17 with no qualifications or training in childcare, by 22 I was considering childminding, I started the wheels in motion and by the timne I was 24 I had registered and was advertising if I'm totally honest I wouldn't have started had I known the EYFS would come into play.
I'm now in a position where I've been doing this nearly 4yrs I enjoy looking after the children I have of course but it does have downsides.....
I work the hours I am required to work because i can't afford to say no when customers ask for extra hours, early starts, pick up's drop offs etc
I have to do paperwork and my dh does sometimes complain about the amount of time I spend on it.
The state of the house.
The lack of attnetion my own dc's get because all of dd2's waking hours mon to fri are shared with other children and dd1 only gets my to herself a max of 6 hours during mon - fri.
It ain't all it's cracked up to be.
There are some good points though and I can't afford to work doing anything else because now I've built my business up I wouldn't get the same money if I worked for someone else, I also would have to do as I'm told by someone else which would be strange now. Though at times I do think it would be nice to walk into work stay for 9 hours and then come home and not worry about it. Swings and roundabouts.
You have to be comitted and dedicated, it has to be what you think about most of the time. For instance the other week my dd's stayed at grandma's and dh suggested we go out for the evening I said no because I haven't been feeling great (had a cold) and I know I need to get a very early night so I can be well enough to get up early and do paperwork all day before I pick dd's up, as it happened I did do a lot of paperwork but still even after working from 10 until 5 then again 7pm to 9.30pm I still hadn't done as much as I really needed to, turned out I had an ear infection, I worked mon and tue but by wed I was in agony and had to take the day off and instead of relaxing I spent the day doing paperwork again and still lost money too.
I think in short (this post is far from that sorry) if you can do it for extra money great but if you have to work in order to pay bills it can be incredibly stressful, when you're quiet you are stressed because you have no money to pay bills if you are full you don't have enough hours in the day for the paperwork, if I could choose I'd strictly work 8 til 5 and I wouldn't provide dinner and I'd have friday's off but you can't pick and choose like that when you need the money.