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Monday, 7 January 2019

You Quit Your job To Be a Full-Time Entrepreneur. Now What? – Part 1




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.  Come back tomorrow for part 2 to 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 1
By: Michael Johnson

One of the best of the small business associations is the University of Central Arkansas Small Business Advancement National Center (SBANC.) 


While the ideal way of starting a small business would be to free yourself up from every other venture, problem, time consuming effort and obligation and throw yourself into starting a small business every waking moment, this isn't an ideal world. Few of us can afford the luxury of setting everything else aside to devote all our time and efforts, as well as capital - to starting a small business. 


Some of us have the itch to become an entrepreneur but have to "keep our day jobs" while we give this starting a small business idea a go. It may well be, in fact, that starting a small business part time is the most common entrepreneurial process.


Part of succeeding at starting a small business if you have to do so part time is to know your schedule and your time limitations and choose a business concept that you enjoy, have some training or expertise in and can be accomplished around your work schedule. The other alternative is to change your work schedule either with your current employer or choose an alternative employer. Starting a small business takes effort and focus as well as time. 


It may be that your current job is not only time consuming but also the type of work that requires a great deal of energy, a great deal of concentration, a very regimented schedule and perhaps the responsibility that tends to have you taking your work home with you either actually or mentally. This sort of work style doesn't lend itself well to starting a small business part time. 


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


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