There are many folks working in full time jobs who dream of starting their own businesses. However, they sometimes find it very hard to squeeze in their already hectic schedules the activities involved in a business startup. They are already tired after a long, hard day at work. Many also are stumped with the roller coaster income that self employment brings and the idea of losing their source of fixed income.
But if you really want to start a business, albeit a part time one, while still working as an employee, here are some steps to take:
- First, make the commitment to yourself that you want to start your own business while working full time — and embrace all the sacrifices that go along with it
- Carefully manage your time – make a lists of tasks you can do for your business every day. It can be as simple as answering clients emails or as extensive as writing proposals
- Set realistic expectations for the day – if you work in a rotating work shift, what tasks can you do for your business in your spare time (or at the end of the day?). On weekdays when you work, how many hours can you dedicate for your business? How many hours can you dedicate on weekends?
- Starting a business, especially when working full time, is not going to be a picnic in the park. You will make sacrifices, including giving up your leisure time to be able to work on the business. It is best to choose a business that you can enjoy so the sacrifices you make will not feel like work, but as part of having fun
For additional tips read the article “Balancing a Part Time Business with a Full Time Job”