Launching a Business While Working a Full-Time Job

Posted On: September 29, 2017
Two business women having a casual meeting or discussion in the city
Two business women having a casual meeting or discussion in the city

Over the years I have helped many friends and in some cases, strangers launch a business while still fully employed. People will always tell you to stick to just one affair in your life at a time. They including your family and friends will suggest that you will only exhaust yourself if you try to open up a business while working fulltime because there can be so many things going on, plus if you are already committed to your job, why even think of a business of your own in the first place? This and including the fact that how will you manage to find time to cater and look after your business? They will all say that you will have no time of your own and that all your time will be spent on earning money instead of looking after yourself or your family.

Some of these are true but need it be reminded that they are partially true. There is some space through which a lot can be achieved and made only with smart and concrete strategies. For starters, it might look grim and uncertain to think that having your job as a priority while working and creating your own business, but if you focus your attention correctly you’ll thank yourself later for working so hard to get your business to a certain scale. For beginners, the first obstacle that needs to be countered is time management. Time management has to be precise and sharp so that a correct amount of time is spent on the job and the settlement of the business. This may reduce your time with friends and family, but it is worth it. It could help you know the worth and the meaning of setting up your own business. So, if you manage to enlist your schedule as to when you will be establishing and working on the details of your business, you have pretty much committed and devoted yourself for a new start.

Now, a few words about your current full-time job. It’s static and the time spent during that static period is redundant more or less. That is to say that you go at 9 and work till 5, so there may not be a lot you can do about discussing or implementing your business. This time during your office subjects to your full-time job but if you look around correctly you can find yourself on a vantage point where you can easily find out just how a business is run. You’ll notice that while you’re a working member of the staff, running a business holds huge responsibilities: You have to make sure you know everything about the finances of the office; whatever being used in the office and its maintenance cost and setup; staff and what responsibilities do they hold while being a part of the office, and most importantly to know the how much is being invested in the business and how much will be profited by it. All these measures are taken into consideration in all kinds of offices and workplaces, pretty much like how a business is run.

One thing you should have in mind is to focus your business in the spare time when you’re free of all the full-time job associations and tasks. When you’re on your own, you have to know first the very basics of your interested business: you have to know its importance in the focused place and how much it is demanded there; you have to understand its cost, capital investment, government rules and regulations, etc. The best way to know and understand all this is to observe and study businesses that are similar to yours. Study them for as long as you want and try to fit yourself in the head position to see what you can do if you were in their position. It’s kind of a like simulation but also a study to find out the flaws and vantages of your business. If you manage to do that spending hours and knowing just about everything about it, you have a very good chance of scoring a successful business of your own.

Having your own business while working a full-time job could be a passion or a necessity that is the need of the hour. Regardless of what the interest might be, if you’re looking to establish yourself a business, you have to dedicate a huge amount of time to it, showing your full dedication and concern towards it. At the same time, you also have to keep pace with your current full-time job to ensure that your presence and need is also being fulfilled there. In the end, people will tell you many things about it and will judge it to be an entirely consuming job, but if you manage to listen to yourself; work smart; be ready to learn at any time; you may very well be able to make a fine example of yourself for others.