Is it necessary to leave your current job to start your own business? Or can you combine a full-time job with the start of a venture? The other day I heard terrible advice. The recommendation came from a podcast of a successful entrepreneur who had built a trillion dollar business. He told listeners that if you want to succeed as a businessman, you must start by leaving your current job regardless of whether you feel comfortable in it or not.
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What a horrible advice!
Perhaps the goal of that post was to scare those who are not ready to start a company, but the recommendation was certainly painful. Very few companies today enjoy great success were founded by people who had no other commitment. In fact, many of them were raised in garages, basements, and rooms of a house while the founder worked for another company.
Yes it is true that once your business begins to have more and more customers, and you generate enough income, you can leave your job to dedicate yourself fully to your venture. But before starting your own business, while you plan and organize everything, and at the beginning of your business, you can perfectly combine a full-time job with your venture if you follow these helpful tips.
1. Evaluate and take note of everything that is happening:
When you are starting your business while you work, this is the key moment in which you have to document everything, record everything so you can improve quickly and grow. Every criticism you make every comment, every suggestion, write them down and define a time when you will sit and review those notes and do something about it.
2. Work on how you will convey what you do:
Take time to think, from the experience you acquired working with different people, your first clients, how you will communicate to the universe of potential clients what you do, what is the benefit of working with you, etc.
3. Think of your work as a blessing
Your job is not a dead weight that paralyzes you to do other things. Your job is gasoline that will keep your entrepreneurial dreams alive while building the project that you crave to have a better economy.
Without your salary, you would be out there all day, wasting your time trying to earn money to keep you and yours, instead of spending those hours perfecting your business. So stop thinking that your work is killing you, and realize that it is really like a partner who is helping you to keep you until it is the ideal time to get up and leave.
4. Maximize your time
Yes, the biggest disadvantage of a job is the 40 hours of time you need to spend working on something other than your number one priority. But do some calculations and look carefully at these numbers:
There are 168 hours in a week. Your work takes about 40 hours of your time, and in sleep you will spend about 56 hours (sleeping every day 8 hours). Thus, in one week you have 72 hours (3 days) to build your business.
However, you do not need to watch three hours of television every day. You do not need the two hours and 57 minutes you spend every day watching your cell phone. Find ways to maximize your time. Maybe this means waking up earlier. Maybe you should make more meals in your house instead of in a restaurant. Or you may have to get rid of your cell phone for a while (wow!).
5. Focus on the imperative actions of everyday life
Too much attention is paid to those people who build new businesses by locking themselves in a room for a whole month and then emerging with the next Facebook or invention of the century. This is not how most businesses are built. Successful businesses are built with constant and imperative actions that are taken every day. It is not enough just to work hard. It is not enough just to work hard every day.
It requires that it be an imperative work and that it be done daily. You only have a few hours to work at the beginning of your business outside of your working hours, so you better take advantage of them and be productive.
6. Outsource everything you can
Think about this: what can you do in your business that no one else can do? Do that. And everything else, externalize it. Maybe this part depends a little on your budget, but hiring someone to do tasks of your enterprise that anyone can do, will give a big boost to the beginning of your business.
Let's say you want to start an online business, and you need to create and configure your web page. Why not hire a web designer for hours to install your template and set the page a little? That's something you can do, but another person can do it for just over $50 and save you hours of work (you can invest in other aspects of your business) and headaches if you do not have a lot of computer skills.
7. Use your work as fuel
If you want to achieve your maximum productivity to start your business as soon as possible, find a compelling reason to do so. You may hate your work with all your soul. Use that fuel to motivate yourself and reach the top of your productivity in your new venture.
When you feel that you hate being in your work, make it a motivation to work harder in your business, start it as soon as possible, and leave as soon as possible of that company. When you think that you do not earn enough in your job, motivate yourself to start your business and give it the economic freedom you need.
If fear paralyzes you to continue with your business project, use your work as a fuel to overcome it and move on. For everything you need to complete your business through the different steps, you must take, use your current job as the motivation to move forward.