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Tuesday, 8 January 2019

You Quit Your job To Be a Full-Time Entrepreneur. Now What? – Part 2



HAPPY NEW YEAR TO ALL MY READERS.

Thinking of starting the new year with a new small business?  This is the most popular time of the year when new budding entrepreneurs think about starting a new business.  What is the best way of going about this?  Giving up the “day job” to concentrate completely on a new business venture may be rather a luxury.  This article gives some food for thought when it comes to starting your business part time alongside our “day job”.  This article is in 2 parts.  Welcome back to part 2 where you can find out how one journalist with executive responsibilities of a 70-80 hour week managed to make the transition into running her own business.  Let me know how useful you find this article by leaving a comment below. 

Tips to get your Entrepreneurship off and running – Part 2
By: Michael Johnson

Let's look at an example of a journalist who has a successful writing and editing business from her home office. When she decided she was interested in starting a small business she had been working for many years in newspaper management. Her executive responsibilities required 70 and 80 hour workweeks and even then she took work home.

After many years of this she began to think more and more about her dream of starting a small writing business. It called to her more and more urgently. But how was she to even think of starting a small business when she had little time, energy or focus left in her busy work week? Besides, she had to work to keep the roof over her head. 

What she did to determine if starting a small business was even possible, was to sit down and write out a budget, deciding where she could eliminate some non-essential expenses in her life, and what she absolutely had to have to live on. She then looked for, and found, a job that not only brought in enough money to live on but freed up a lot of her daytime work week hours as well as her mental focus. She took a customer service job in a call center. 

Starting a small business was going to be possible with this job where it had not been with her newspaper career for a number of reasons. It required considerably less mental acumen, it didn't require that she take her work home with her, it was easy, the hours were flexible (she worked 3pm-midnight Thursday through Sunday) and the dress code was highly casual. She could work all day starting her small business and then don her jeans and go into the call center in the evening. Now she's quit that call center job and her dream of starting a small business has been fulfilled. Her business is thriving and she works at it full time. 

You will find links to other small business associations from the SBANC site. These small business associations include the Service Corps of Retired Executives (SCORE) offering one on one counseling in person or online, the Small Business Administration (SBA) and its Small Business Development Centers which provide a ton of small business assistance including mentoring, training, publications, tapes, workshops and financing, Allied Academies - a worldwide research and training group, the Small Business Institute which provides entrepreneurial teaching and training, and the Federation of Business Disciplines, a group of educators devoted to small business teaching conferences.


Author Bio
About the Author: M. Johnsona operates a variety of small business websites and newsletters. Visit the website for many business start up ideas. www.smallbiztipscenter.com


Source: By Michael Johnson

http://www.articlegeek.com/business/small_business/entrepreneurship_running_tips.htm

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