9 tips to starting a business while working fulltime

1. 9 Tips to Starting a
Business While
Working a
Full-Time Job
Priscilla Duverseau
BY:

2. Below are 9 TIPS that helped me and will
hopefully help you as you consider starting a
business while working full-time.

3. Determine Your Reasons to Start a Side
Business
Some reasons why you save:
 To Save for Something Big
 To Save More for Retirement
 To Build Cash Flow
 Much Needed Tax breaks
9 Tips to Starting a Business While Working a Full-Time Job
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4. Know the Rules at Your
Full-Time Job
9 Tips to Starting a Business While Working a Full-Time Job
Study your employer’s rules regarding what they
expect from you if you open a side business. Be
careful about how many hours you spend on your
side business while at your full-time job.
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5. Decide What Hours/Time You Will
Commit to Your business
9 Tips to Starting a Business While Working a Full-Time Job
If you have three chunks of solid time, make time to
consistently work on your business. Make those
hours non-negotiable outside of an emergency
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6. Develop a Business Plan
9 Tips to Starting a Business While Working a Full-Time Job
Smart people with a lot of ideas and no
structure are doomed to fail in business.
There needs to be a plan, even if it is a short-
term one.
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7. Anticipate your challenges and create a
strategy to bypass them.
9 Tips to Starting a Business While Working a Full-Time Job
No one wants to think about Plan B, but Plan
B, Plan C, and Plan D are fundamental to
business success. Consider all the different
avenues that you need to achieve the goal.
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8. Develop Deadlines and Set Goals
9 Tips to Starting a Business While Working a Full-Time Job
Consider your business plan to develop a picture
of goals and timelines. There’s a good chance you’ll
underestimate how much time your activities will
take and overlook additional tasks.
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9. Don’t Be in a Rush
9 Tips to Starting a Business While Working a Full-Time Job
Generally, a business’ growth is directly
proportional to the amount of time put into it.
So when you can only put in a few hours a day
plus weekends, it will take longer to get up to
speed.
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10. Set Boundaries
9 Tips to Starting a Business While Working a Full-Time Job
It’s very important to set boundaries with your
clients in order to maintain your schedule.
Remember, if you know where you’re going before
you start, you’ll have a much easier time getting
there.
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11. Set a Business Expense Budget and Take
Advantage of Your Full-Time Salary
9 Tips to Starting a Business While Working a Full-Time Job
There are few businesses you can start
without some sort of investment, and a
side business is no exception.
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