Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Your Free Business Opportunity Resource Is Easy To Use
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Common Succession Planning - Legacy planning, as owners of family businesses know, is essential for the continued success of the business.

However, that doesn’t always mean that owners take the right steps to ensure a seamless

Conversion Rate Optimization - Every business owner knows the importance of a good online presence to increase a company’s visibility in a crowded and competitive marketplace. But getting more visitors and broader publicity is only half the story.

By improving conversion rates, you can give...

Offering Financing Boosts Bottom Line - Staying afloat takes capital. But the process of attracting financing is confusing for small business owners. That’s why a system like FundAbility is so powerful.

Offering Financing Boosts Bottom Line - Here is a look at how you can offer help with financing...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
FundAbility
Need Funding? Need To Offer Financing To Close More Deals? We Have Access 7,000+ Credit Providers. Learn more now...
 
Resource Center > Article
When Starting a Business Is Your Goal, But You’ve Got to Keep Your Day Job…
5 Jun 13 Posted by: Kathleen C Lanza
in Featured Articles
Share this Article:

Working hard from nine to five and dreaming of better days ahead when you can work for yourself, doing something you love and not have to answer to anyone other than your very own customers and yourself? Wondering how and if you can make that happen? Is there really is a way to make enough money so you can quit your day job?

The answer to both those questions is a resounding yes!

How-to-Start-a-Small-Retail-BusinessWhen it comes to owning your very own successful home-based or other small business, there are lots of ready-made and extremely affordable business opportunities, distributorships, licensee opportunities and even small franchises for sale that will enable you to get started part-time and fast. And, they represent an incredible cross-section of exciting and growing industries.

For anyone who is tempted to take the plunge and decides to mix business with more business, they won’t be alone.

According to the U.S. Bureau of Labor Statistics, at least 50% of multiple-job holders work full-time in their primary job while working only part-time on their second. Additionally, the vast majority of them take on that second job to meet expenses or earn extra money. However, recent research suggests that an increasing number of individuals who work a second job are also doing so because they want to build a business of their own while still collecting a regular paycheck, with the ultimate goal of having greater freedom, following their passion and gaining some measure of independence.

While all of that is sure to sound promising, the reality is that starting a home-based or other small business or franchise, as exciting and energizing as that may be, is also hard work, especially when it’s not your full-time job. Doing it all well, experts say, primarily takes two things—setting boundaries and having realistic expectations.

In this case, setting boundaries means carving time out of your personal life to work on your new business enterprise and not allowing the excitement of what all you need and want to accomplish get in the way of earning a regular paycheck by working for someone else. Translation? Don’t work on your new business on the other company’s clock. If you do and you get caught, it may very well cost you the very thing you want most…the opportunity to pursue your entrepreneurial dreams. When it comes to starting a new small business and it’s your second job, hardcore time management is critical.

As for your expectations? You need to know from the outset that turning a business—even one where the business model is proven and the “how-to-be-successful” guidebook has been written—into a profitable enterprise takes time. In fact, it may be months or even years before you can make the final break with your full-time employer to become your own boss.

At the end of the day, starting a business of your own—especially when it’s your second job—requires a tremendous amount of planning and patience, not to mention stamina, but the potential payoff makes it all worthwhile. And besides, you’ll never know if you can make a serious go of it until you try.

We invite you to start your search for the perfect business opportunity, distributorship, licensee opportunity or franchise on BusinessOpportunity.com by clicking here now!

If you’re a small business entrepreneur who started a successful small business of your own while still working hard from someone else, we’d like to know how you did it!   What advice do you have for those who would hope to follow in your footsteps?

Related Blog Posts
25 Apr 17 Posted by: Dr. Federer
in Featured Articles

Common Succession Planning - Legacy planning, as owners of family businesses know, is essential for the continued success of the business.

However, that doesn’t always mean that owners take the right steps to ensure a seamless
23 Apr 17 Posted by: Sally Keys
in Featured Articles

Conversion Rate Optimization - Every business owner knows the importance of a good online presence to increase a company’s visibility in a crowded and competitive marketplace. But getting more visitors and broader publicity is only half the story.

By improving conversion rates, you can give...
21 Apr 17 Posted by: Kevin James Culp
in Featured Articles

Offering Financing Boosts Bottom Line - Staying afloat takes capital. But the process of attracting financing is confusing for small business owners. That’s why a system like FundAbility is so powerful.

Offering Financing Boosts Bottom Line - Here is a look at how you can offer help with financing...
19 Apr 17 Posted by: Tom Ollerenshaw
in Featured Articles

International Business Expansion - Once your business has established itself on the domestic scene, you should then think about the next steps for your company to help it develop and grow.

International Business Expansion - One option you may want to consider is to take your business overseas...
17 Apr 17 Posted by: Sally Keys
in Featured Articles

Effective Project Management - Managing projects effectively to keep them on track, on time and on budget is critical to every business. However, it is particularly so for a small or fledgling business where resources...

 
   

Entrepreneur Exchange is our forum where we interview the Influencers, CEO's, Author's, Business Owners Of All Types, Shapes and Sizes.

Entrepreneur Exchange: Today, we sat down with Marc Winkelman, CEO of
Video Spotlight
You're invited to view a Bartercard Online Franchise Presentation.

Premium Sponsor